Rational Investing

Chemicals - Specialty

	Total Market Capitalization of All Firms	$373,810 mm
	Average Market Capitalization	$8,307 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.5
	Standard Deviation of MM Ratio	0
	Average Beta	1.2
	Average EV To Revenue	2.8
	Average Price To Free Cash Flow	222.7

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
CCC	Calgon Carbon Corp.	7.8	8,462	13.0	53.1	9	1.0	Dec 17
CBT	Cabot Corp.	3.2	2,415	1.1	81.3	-1	1.5	Sep 19
CRDA.L	Croda International Plc	2.4	8,559	6.4	2798.8	2	0.8	Jun 19
SIKA.SW	Sika AG	2.3	27,343	3.8	-69.9	15	0.7	Jun 19
ASH	Ashland Inc	2.0	4,743	2.6	22.2	1	1.5	Sep 19
BCPC	Balchem Corp.	2.0	3,471	5.5	173.9	3	1.1	Sep 19
GRA	Wr Grace And Co.	2.0	4,583	3.4	40.2	7	0.9	Sep 19
NZYMB.CO	Novozymes A/S	1.9	14,805	7.1	230.9	3	1.1	Sep 19
SIK.VX	Sika AG	1.9	28,378	4.1	62.2	14	0.7	Jun 18
VCT.L	Victrex Plc	1.8	2,588	8.3	2548.5	6	1.3	Sep 19
PPG	Ppg Industries Inc	1.7	29,031	2.2	25.2	3	1.2	Dec 19
CC	Chemours Co	1.5	2,387	1.1	4.4	-4	2.3	Sep 19
ECL	Ecolab Inc	1.5	56,936	4.2	23.5	6	0.8	Sep 19
FOE	Ferro Corp	1.5	1,165	1.4	15.3	-2	2.0	Sep 19
IFF	International Flavors And Frag	1.5	14,294	3.5	-11.4	37	0.9	Sep 19
KWR	Quaker Chemical Corp.	1.5	2,239	3.3	-3.1	22	1.4	Sep 19
SYNT.L	Synthomer PLC	1.5	1,523	1.1	1583.4	6	1.1	Jun 19
FUL	Hb Fuller Co.	1.4	2,449	1.6	8.0	-3	1.5	Nov 19
4042	Tosoh Corporation	1.3	4,709	0.1	9.4	1	1.3	Sep 19
CMP	Compass Minerals International	1.3	1,958	2.1	14.6	7	1.4	Sep 19
MEOH	Methanex Corp.	1.3	2,813	1.3	10.2	-5	1.9	Sep 19
WDFC	Wd-40 Co	1.3	2,590	6.0	36.3	4	0.5	Aug 19
ESI	Element Solutions Inc	1.2	3,210	4.3	175.2	3	2.0	Sep 19
IOSP	Innospec Inc.	1.2	2,575	1.8	20.1	4	1.2	Sep 19
SCL	Stepan Co.	1.2	2,307	1.4	28.4	-4	1.2	Sep 19
ELM.L	Elementis PLC	1.1	992	1.8	-407.2	9	1.2	Jun 19
ORI.AX	Orica Ltd	1.1	5,969	1.3	22.1	10	0.9	Sep 19
ROL	Rollins Inc	1.1	11,870	5.9	44.6	10	0.6	Sep 19
RPM	Rpm International Inc	1.1	9,418	2.0	27.3	5	1.2	Nov 19
SGL.DE	SGL Carbon SE	1.1	656	1.2	-26.5	11	1.3	Jun 19
WLK	Westlake Chemical Corp.	1.1	8,214	1.3	12.2	2	1.6	Sep 19
ACET	Aceto Corp.	1.0	4	0.9	-2.3	24	1.6	Dec 18
ALB	Albemarle Corp.	1.0	8,364	2.8	36.8	11	1.5	Sep 19
JMAT.L	Johnson Matthey Plc	1.0	7,540	1.0	-5582.4	-17	1.5	Mar 19
NEU	Newmarket Corp.	1.0	5,024	2.6	24.3	-1	0.7	Sep 19
OMN	Omnova Solutions Inc.	1.0	452	1.1	210.1	-3	1.9	Feb 19
SXT	Sensient Technologies Corp.	1.0	2,621	2.4	19.4	0	1.0	Sep 19
5301	Tokai Carbon Co Ltd	0.9	2,055	0.2	11.0	1	1.5	Sep 19
KRO	Kronos Worldwide Inc.	0.9	1,298	1.2	7.0	4	1.9	Sep 19
SQM	Chemical & Mining Co. Of Chile	0.9	7,399	3.9	25.6	-1	1.1	Sep 19
1COV.DE	Covestro AG	0.7	7,813	0.8	12.3	-4	1.4	Sep 19
BAK	Braskem S.a.	0.7	11,089	1.0	9.8	14	0.6	Mar 19
EVK.DE	EVONIK INDUSTRIES AG	0.7	12,836	1.4	8.5	-3	1.0	Sep 19
LYB	Lyondellbasell Industries Nv	0.7	30,408	1.0	13.4	-1	1.4	Sep 19
3405	Kuraray Co.,ltd.	0.6	4,252	0.4	12.6	2	1.0	Sep 19