Rational Investing

Investment Grade (Figures in Millions)

Rank By : Debt Value

TIcker	Company	Market Cap ($ bn)	Market To Model	$Default Risk*% of EV	Ev To Revenue	Price To FCF	Total Debt ($ mm)	%Short Term	EBITDAM / Interest	% Growth	As Of
KR	Kroger Co	23.55	1.2	36	0.3	33.3	16381	NA	1.95	1	Oct 18
VLO	Valero Energy Corp	32.37	0.7	15	0.3	19.9	9648	NA	3.92	35	Sep 18
CVS	Cvs Corp	73.07	0.6	45	0.5	22.6	27002	5	4.84	3	Sep 18
MT	Arcelor Mittal	22.09	0.5	19	0.6	5.1	20558	8	6.94	11	Sep 18
WMT	Wal-mart Stores Inc	274.37	1.3	6	0.6	-274.8	46487	11	3.93	1	Oct 18
TGT	Target Corp	36.69	0.6	30	0.6	35.9	11628	NA	3.83	6	Oct 18
BP	BP plc	126.84	0.8	43	0.7	30.5	72367	NA	3.09	27	Sep 18
HPQ	Hewlett-packard Co	36.76	1.0	36	0.7	10.8	5987	NA	12.11	6	Oct 18
TOT	Total Sa	135.41	0.7	34	0.7	8.0	63968	12	28	34	Sep 18
CVE	Cenovus Energy Inc.	9.43	0.9	33	0.8	96.5	7422	NA	7.08	50	Sep 18
CRH	CRH PLC	21.27	1.3	54	1.2	-25.0	8669	4	9.48	0	Jun 18
UNH	Unitedhealth Group Inc	262.1	0.9	32	1.3	50.9	31842	0	9.75	14	Sep 18
TM	Toyota Motor Corp.	178.64	1.2	86	1.3	14.2	178432	25	35.27	5	Sep 18
XRX	Xerox Corp	6.22	0.8	33	1.4	8.7	7774	0	5.36	-2	Sep 18
WFT	Weatherford International	0.43	0.4	42	1.4	-2.8	7689	0	0.96	3	Sep 18
IP	International Paper Co	18.11	0.5	5	1.4	8.4	13096	NA	4.8	2	Sep 18
CVX	Chevron Corp.	215.71	1.3	67	1.5	10.0	38669	NA	63.68	25	Sep 18
UPS	United Parcel Service Inc	85.44	1.1	55	1.7	35.4	34553	9	8.79	10	Sep 18
ECA	Encana Corp	5.66	0.5	37	1.7	8.3	4392	NA	2.9	49	Sep 18
DVN	Devon Energy Corp	13.58	1.3	21	1.9	16.8	10406	NA	2.26	-7	Sep 18
SU	Suncor Energy Inc	49.1	0.5	40	1.9	9.9	13138	13	11.1	32	Sep 18
UTX	United Technologies Corp	94.89	1.2	48	1.9	27.4	30521	1	5.91	8	Sep 18
VOD	Vodafone Group PLC	53.56	1.0	67	1.9	8.8	50941	NA	2.96	-1	Sep 18
LMT	Lockheed Martin Corp	82.23	0.8	57	2	15.6	30685	NA	9.99	11	Sep 18
EPD	Enterprise Products Partn	55.53	0.4	132	2.1	29.0	24569	NA	4.01	32	Sep 18
CAT	Caterpillar Inc	74.91	1.1	40	2.1	11.8	43243	11	8.94	23	Sep 18
HD	Home Depot Inc	203.1	1.2	23	2.1	22.0	27028	4	11.83	7	Oct 18
IBM	International Business Ma	109.44	0.7	18	2.2	11.9	63544	11	13.46	2	Sep 18
BA	The Boeing Co	184.88	1.0	35	2.2	23.7	33133	4	19.18	7	Sep 18
K	Kellogg Co	20.83	0.9	18	2.3	23.1	9454	4	6.12	4	Sep 18
GIS	General Mills Inc	22.13	1.0	67	2.3	-5.2	16816	9	3.04	9	Aug 18
DE	Deere And Co	47.87	0.9	45	2.3	29.0	48007	8	3.99	12	Oct 18
T	AT&T Inc.	221.21	0.9	20	2.4	-3.7	196121	NA	4.17	8	Sep 18
APA	Apache Corp	11.52	0.4	11	2.4	12.1	8484	NA	4.89	40	Sep 18
CMCSA	Comcast Corp	171.29	1.3	44	2.6	15.5	64556	NA	4.73	7	Sep 18
COP	ConocoPhillips	78.56	0.4	266	2.6	10.0	21557	NA	14.34	31	Sep 18
HON	Honeywell International I	101.32	1.0	30	2.7	16.5	18394	22	18	7	Sep 18
VZ	Verizon Communications	232.85	0.8	18	2.8	12.9	139207	0	6.44	5	Sep 18
TEVA	Teva Pharmaceutical Indus	18.83	0.6	12	2.8	6.8	32473	11	3.51	-19	Sep 18
GSK	Glaxosmithkline Plc	91.92	0.9	10	2.9	15.6	26887	4	10.4	5	Sep 18
MRO	Marathon Oil Corp	12.84	0.6	43	2.9	19.3	5856	NA	10.02	47	Sep 18
DIS	The Walt Disney Co	173.18	0.7	459	3	15.2	20874	NA	29.34	10	Sep 18
APC	Anadarko Petroleum Corp	28.55	0.2	90	3	18.7	15689	NA	3.38	35	Sep 18
PEP	Pepsico Inc	162.44	1.1	18	3.1	23.2	39281	4	8.07	3	Sep 18
HES	Hess Corporation	15.12	1.3	43	3.1	27.1	6977	NA	3.3	30	Sep 18
AZN	AstraZeneca plc	49.52	1.6	58	3.4	13.9	20390	NA	3.94	-9	Sep 18
RIG	Transocean Ltd.	3.49	0.5	15	3.6	-2.1	7749	NA	1.47	5	Sep 18
PG	Procter & Gamble Co	246.43	1.4	20	4.1	28.7	31286	NA	22.46	1	Sep 18
BUD	Anheuser-Busch InBev SA/N	117.79	0.9	49	4.2	12.9	119492	2	3.93	1	Sep 18
BMY	Bristol-myers Squibb Co	85.48	0.6	72	4.2	22.1	9083	11	25.54	9	Sep 18
DISCA	Discovery Holding Co.	17.03	0.8	51	4.3	-1.8	14785	NA	1.34	42	Sep 18
CSCO	Cisco Systems Inc	226.9	0.8	1	4.7	16.2	25569	NA	20.75	10	Oct 18
ABT	Abbott Laboratories	122.94	1.6	56	4.7	77.8	36446	1	4.24	23	Sep 18
MDT	Medtronic Inc	126.52	1.0	3	4.8	19.4	27182	8	8.12	7	Oct 18
JNJ	Johnson & Johnson Inc	362.82	1.1	36	4.8	32.7	43167	7	35.12	10	Sep 18
NVS	Novartis Ag	228.96	0.9	109	4.9	24.4	28532	19	15.74	5	Sep 18
PM	Philip Morris Internation	128.14	1.2	36	5.2	15.2	36610	1	11.8	9	Sep 18
LLY	Eli Lilly And Co	118.08	1.3	42	5.3	20.5	17161	16	24.52	12	Sep 18
MRK	Merck & Co Inc	208.59	0.9	2	5.5	18.4	24410	NA	20.78	6	Sep 18
UNP	Union Pacific Corp	114.12	1.3	63	5.8	19.7	16944	NA	9.65	7	Sep 18
PFE	Pfizer Inc	260.49	1.1	27	5.8	18.8	50921	13	11.9	2	Sep 18
MO	Altria Group Inc	101.67	0.8	6	5.9	17.7	16326	NA	12.19	3	Sep 18
ORCL	Oracle Corp	194.46	1.0	27	6.2	16.2	60619	NA	6.68	3	Aug 18
DEO	Diageo Plc	88.84	1.4	60	6.3	25.0	14236	NA	8.97	2	Jun 18
TRI	Thomson Reuters Corp.	36.59	1.2	35	6.5	20.5	8010	20	5.13	-39	Jun 18
MSFT	Microsoft Corp	816.67	1.2	38	6.9	21.4	76416	NA	18.17	18	Sep 18
KO	Coca-cola Co	210.45	1.0	142	7	24.1	47685	28	11.26	5	Sep 18
AMGN	Amgen Inc	140.15	0.8	22	7.4	14.9	35342	NA	8.53	4	Sep 18
MCD	Mcdonalds Corp	148.46	1.3	4	7.9	23.4	29536	NA	9.21	-1	Sep 18

*Probability of default implicit in equity market capitalization of firm, measured in dollars