Rational Investing

Chemicals - Specialty

	Total Market Capitalization of All Firms	$651,539 mm
	Average Market Capitalization	$14,164 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.3
	Standard Deviation of MM Ratio	0.6
	Average Beta	1.2
	Average EV To Revenue	3.0
	Average EV To EBITDAM	22.5
	Average Price To Free Cash Flow	36.5

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	EV/EBITDAM	% Growth	Beta	As Of
LIN	Linde plc	2.85	132,501	5.4	99	21.3	-1	1.1	Jun 20
ECL	Ecolab Inc	2.40	56,198	5.4	42.7	29.9	-21	1.5	Jun 20
SIKA.SW	Sika AG	2.39	33,627	4.3	48.7	24.4	10	0.7	Jun 20
1COV.DE	Covestro AG	2.26	7,693	1.1	35.5	30	-22	1.3	Jun 20
LIN.DE	Linde plc	2.09	128,962	5.4	99	17.6	-1	0.8	Jun 20
4042	Tosoh Corporation	2.02	4,368	0.2	13.2	12.5	-10	1.2	Mar 20
WDFC	Wd-40 Co	1.99	2,715	7.2	54.5	39.9	-8	0.8	May 20
ROL	Rollins Inc	1.92	17,565	8.2	53.6	45.1	8	1.1	Jun 20
SIK.VX	Sika AG	1.90	30,340	4.4	74.4	33.8	14	0.7	Jun 18
ALB	Albemarle Corp.	1.81	8,831	3.4	83.3	26.3	0	1.5	Mar 20
MEOH	Methanex Corp.	1.77	1,499	1.5	19.5	30	-22	1.5	Mar 20
SYNT.L	Synthomer PLC	1.68	1,350	1.2	3	30	-10	1.1	Dec 19
KWR	Quaker Chemical Corp.	1.53	2,596	2.0	99	17.7	56	1.5	Mar 20
PPG	Ppg Industries Inc	1.51	26,311	2.6	32.6	23.1	-16	1.2	Jun 20
LYB	Lyondellbasell Industries Nv	1.49	24,234	1.2	20.3	22.0	-13	1.5	Mar 20
CBT	Cabot Corp.	1.47	2,228	1.2	36.4	30	-11	1.7	Mar 20
GRA	Wr Grace And Co.	1.45	3,074	3.3	42.5	26.0	-13	1.5	Jun 20
RPM	Rpm International Inc	1.37	11,003	2.5	77.0	37.7	-3	1.1	May 20
IFF	International Flavors And Frag	1.36	13,377	3.3	30.8	20.4	8	1.1	Mar 20
SCL	Stepan Co.	1.31	2,551	1.6	17.6	12.6	-4	1.0	Jun 20
3405	Kuraray Co.,ltd.	1.25	3,719	0.5	11.8	13.8	-4	1.2	Mar 20
IOSP	Innospec Inc.	1.25	1,882	1.3	12.8	12.2	-2	1.5	Mar 20
ASH	Ashland Inc	1.15	4,930	3.0	17.5	18.1	-9	1.4	Jun 20
CRDA.L	Croda International Plc	1.11	9,784	7.9	37.6	30	-4	0.8	Jun 20
EVK.DE	EVONIK INDUSTRIES AG	1.09	13,336	1.8	24.2	14.9	-7	1.0	Mar 20
FOE	Ferro Corp	1.09	1,018	2.2	11.1	13.6	-11	1.7	Jun 20
SQM	Chemical & Mining Co. Of Chile	1.08	8,301	6.4	31.5	30	-18	0.7	Mar 20
WLK	Westlake Chemical Corp.	1.07	7,377	1.5	19.5	16.0	-6	1.4	Mar 20
VCT.L	Victrex Plc	1.00	2,158	7.1	19	30	3	1.0	Mar 20
IMCD.AS	IMCD N.V	0.97	5,528	2.3	57.4	27.6	3	1.0	Dec 19
NZYM-B.CO	Novozymes A/S	0.97	17,093	8.1	99	30	5	1.0	Mar 20
SXT	Sensient Technologies Corp.	0.97	2,290	2.3	14.0	11.9	-3	1.1	Jun 20
NZYMB.CO	Novozymes A/S	0.96	17,289	8.1	99	30	5	1.1	Mar 20
MX.TO	Methanex Corporation	0.92	1,482	1.0	25.9	29.5	19	2.3	Mar 20
KRO	Kronos Worldwide Inc.	0.91	1,384	1.2	8.0	9.4	1	1.6	Mar 20
FUL	Hb Fuller Co.	0.87	2,455	1.7	16.6	16.3	-8	1.4	May 20
BCPC	Balchem Corp.	0.85	3,296	5.2	47.6	24.0	7	0.7	Jun 20
5301	Tokai Carbon Co Ltd	0.79	1,930	0.7	9.4	6.8	-16	1.2	Mar 20
JMAT.L	Johnson Matthey Plc	0.75	5,983	0.8	23.5	30	-17	1.5	Mar 19
CC	Chemours Co	0.70	3,327	1.6	20.3	23.5	-15	2.3	Jun 20
NEU	Newmarket Corp.	0.69	4,052	2.2	12.0	10.4	2	1.5	Mar 20
CMP	Compass Minerals International	0.68	1,931	2.2	16.0	15.4	3	1.5	Mar 20
011170.KS	Lotte Chemical Corporation	0.66	5,072	0.3	31.3	27.7	-10	0.5	Mar 20
ESI	Element Solutions Inc	0.65	2,990	2.7	11.2	13.7	-9	1.5	Jun 20
ORI.AX	Orica Ltd	0.63	4,765	1.2	17.5	17.0	0	1.2	Mar 20
BAK	Braskem S.a.	0.48	7,143	0.8	4.3	4.2	14	0.6	Mar 19