Rational Investing

	Total Market Capitalization of All Firms	$554,056 mm
	Average Market Capitalization	$23,086 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.2
	Standard Deviation of MM Ratio	0.4
	Average Beta	1.1
	Average EV To Revenue	1.9
	Average EV To EBITDAM	23.5
	Average Price To Free Cash Flow	26.2

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	EV/EBITDAM	% Growth	Beta	As Of
ROK	Rockwell Automation Inc	2.01	25,018	4.2	33.1	33.1	1	1.4	Mar 20
WRT1V.HE	Wartsila Oyj Abp	1.89	4,734	1.2	7.1	31.4	-1	1.2	Mar 20
DOV	Dover Corp	1.81	13,786	2.4	33.6	23.6	-1	1.4	Mar 20
6503	Mitsubishi Electric Corporatio	1.79	27,667	0.1	18.6	40.8	-2	1.2	Mar 20
TKA.DE	ThyssenKrupp AG	1.79	4,418	0.6	6.3	30	8	1.2	Mar 20
CR	Crane Co	1.58	3,213	1.4	53.7	31.7	-4	1.5	Mar 20
SMIN.L	Smiths Group Plc	1.51	6,995	3.6	14	30	-3	1.1	Jan 20
000880.KS	HANWHA CORP	1.48	1,467	0.4	99	30	13	0.9	Mar 20
PARG.SW	Pargesa Holding SA	1.11	6,481	3.1	72	30	8	0.9	Dec 19
SIE.DE	Siemens Ag	1.11	101,550	2.3	19.0	18.2	-23	1.1	Mar 20
INH.DE	INDUS Holding AG	1.10	819	0.9	4.2	7.6	-4	1.1	Mar 20
0001.HK	CK Hutchison Holdings Limited	1.09	25,574	1.3	26.5	26.5	2	0.9	Dec 19
ENKAI.IS	Enka Insaat ve Sanayi A.S	1.03	4,407	0	26.5	26.5	0	1.0	Dec 19
SIME.KL	Sime Darby Bhd	0.98	3,381	0.2	2.1	12.2	3	1.6	Mar 20
VWS.CO	VESTAS WIND SYSTEMS A/S	0.98	22,612	1.6	99	30	19	1.0	Mar 20
HON	Honeywell International Inc	0.94	102,881	3.5	20.7	16.9	-7	1.2	Mar 20
MMM	3m Co.	0.92	87,300	3.4	19.9	13.4	1	1.0	Mar 20
ALFAA.MX	Alfa SAB de CV	0.87	2,700	0.5	4.1	7.5	-8	1.0	Mar 20
GE	General Electric Co	0.80	57,383	1.9	6.6	16.0	-2	1.2	Mar 20
CSL	Carlisle Companies Inc.	0.78	6,447	1.7	16.0	12.9	1	0.9	Mar 20
SXI	Standex International Corp.	0.73	659	1.5	12.9	10.1	-20	1.3	Mar 20
0659.HK	NWS Holdings Limited	0.66	3,390	0.7	6.7	43.8	5	0.8	Dec 19
PST.MI	Poste Italiane SpA	0.66	11,194	6.8	7.6	24.8	6	0.9	Dec 19
JCI	Johnson Controls Inc	0.62	29,978	1.8	19.1	19.3	-9	1.1	Mar 20