Rational Investing

	Total Market Capitalization of All Firms	$186,510 mm
	Average Market Capitalization	$31,085 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	0.6
	Standard Deviation of MM Ratio	0.2
	Average Beta	1.0
	Average EV To Revenue	1.7
	Average EV To EBITDAM	15.5
	Average Price To Free Cash Flow	10.1

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	EV/EBITDAM	% Growth	Beta	As Of
0880.HK	SJM Holdings Limited	1.00	4,734	0.5	-14.1	43.0	9	0.6	Dec 19
SJR	Shaw Communications, Inc.	0.83	7,973	2.3	17.2	9.1	7	0.9	Nov 19
CMCSA	Comcast Corp	0.75	154,092	2.1	11.8	15.0	16	1.0	Dec 19
AMCX	AMC Networks Inc	0.41	1,169	1.4	3.6	9.9	2	0.9	Dec 19
DISH	Dish Network Corp	0.38	8,905	1.7	13.2	10.8	4	1.3	Dec 19
DISCA	Discovery Holding Co.	0.37	9,637	2.2	4.6	5.1	4	1.4	Dec 19