Rational Investing

	Total Market Capitalization of All Firms	166181 mm
	Average Market Capitalization	12783 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	0.86
	Standard Deviation of MM Ratio	0
	Average Beta	1.07
	Average EV To Revenue	2.50
	Average Price To Free Cash Flow	12.98

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
9401	Tokyo Broadcasting System Hold	1.5	2,784	0.1	20.4	0	1.08	Sep 19
CETV	Central European Media Enterpr	1.1	1,145	2.5	8.7	12	1.17	Sep 19
9412	Sky Perfect Jsat Hldg Inc	1.0	1,476	0.8	11.2	2	0.62	Sep 19
TRCO	Tribune Media Co	1.0	4,119	3.7	8.4	0	0.70	Jun 19
GTN	Gray Television Inc.	0.9	2,070	4.5	-0.6	64	1.92	Sep 19
NFLX	Netflix Inc	0.9	132,416	7.3	-186.7	26	1.26	Sep 19
SBGI	Sinclair Broadcast Group Inc	0.9	3,003	4.0	-0.4	26	1.05	Sep 19
EVC	Entravision Communications Cor	0.8	236	1.7	29.1	-3	1.04	Mar 19
TFI.PA	Television Francaise 1 SA	0.7	1,776	0.8	7.7	2	0.91	Sep 19
TV	Grupo Televisa Sa	0.7	6,468	2.4	13.5	4	0.98	Sep 19
9404	Nippon Television Holdings Inc	0.6	3,535	0.1	9.2	5	0.87	Sep 19
NXST	Nexstar Broadcasting Group Inc	0.6	4,957	3.1	-10.3	3	1.37	Sep 19
MMT.PA	Metropole Television SA	0.5	2,196	1.6	8.6	2	0.93	Dec 18