Rational Investing

	Total Market Capitalization of All Firms	278733 mm
	Average Market Capitalization	12119 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.27
	Standard Deviation of MM Ratio	0
	Average Beta	0.92
	Average EV To Revenue	4.26
	Average Price To Free Cash Flow	35.76

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
GWRE	Guidewire Software, Inc	3.6	9,596	13.2	142.1	4	1.15	Jul 19
BLKB	Blackbaud Inc.	1.7	3,970	4.8	80.5	6	1.17	Sep 19
JKHY	Jack Henry & Associates Inc.	1.6	11,372	6.7	38.3	10	0.90	Sep 19
VRNT	Verint Systems Inc	1.6	3,165	3.0	30.5	9	1.04	Jul 19
PEGA	Pegasystems Inc.	1.5	5,754	6.2	42.1	5	1.19	Sep 19
DOX	Amdocs Ltd	1.4	9,410	2.2	15.6	6	0.66	Jun 19
NTCT	Netscout Systems Inc.	1.4	1,974	2.9	13.6	-2	1.36	Sep 19
SEAC	Seachange International Inc.	1.4	106	1.3	9.5	0	0.52	Oct 18
GIB	Cgi Group Inc.	1.3	19,618	2.3	25.5	3	0.66	Jun 19
MSTR	Microstrategy Inc	1.3	1,619	3.2	36.5	4	0.66	Sep 19
CTSH	Cognizant Technology Solutions	1.2	35,774	2.2	18.0	4	1.03	Sep 19
FICO	Fair Isaac Corporation	1.2	9,695	8.8	34.8	16	1.23	Jun 19
WIT	Wipro Ltd	1.2	23,668	2.9	21.3	3	0.66	Sep 19
ADP	Automatic Data Processing Inc	1.1	72,405	5.0	37.2	6	0.90	Sep 19
FISV	Fiserv Inc	1.1	43,423	7.9	32.6	8	0.80	Jun 19
CVG	Convergys Corp	1.0	2,277	0.9	11.3	0	0.85	Jun 18
OCDO.L	Ocado Group PLC	0.9	9,239	5.7	-5532.9	9	1.03	May 19
ING.PA	Ingenico Group SA	0.8	6,690	2.7	67.1	25	0.99	Jun 19
MANT	Mantech International Corp.	0.8	3,047	1.4	-272.9	14	0.90	Sep 19
TIVO	Tivo Corporation	0.8	937	2.8	7.6	0	0.28	Sep 19
EBIX	Ebix Inc.	0.7	1,148	3.3	-13.1	30	1.40	Jun 18
SPSC	Sps Commerce, Inc.	0.7	1,980	6.9	32.3	16	0.67	Sep 19
CSGS	Csg Systems International Inc	0.6	1,865	1.8	18.9	17	1.04	Sep 19