Rational Investing

	Total Market Capitalization of All Firms	$422,730 mm
	Average Market Capitalization	$22,249 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	0.8
	Standard Deviation of MM Ratio	0.3
	Average Beta	1.2
	Average EV To Revenue	1.3
	Average EV To EBITDAM	19.4
	Average Price To Free Cash Flow	174.0

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	1.45	17,373	3.1	30.5	32.5	2	1.3	Dec 19
6503	Mitsubishi Electric Corporatio	1.43	24,785	0.1	21.1	30.7	2	1.3	Dec 19
SMIN.L	Smiths Group Plc	1.23	5,150	2.7	2080.1	30	1	1.1	Jul 19
ENKAI.IS	Enka Insaat ve Sanayi A.S	1.04	4,429	0		30	0	1.0	Dec 19
DOV	Dover Corp	0.89	11,243	1.8	19.1	16.9	9	1.5	Dec 19
TKA.DE	ThyssenKrupp AG	0.86	2,880	0.6	-1.6	30	13	1.6	Dec 19
CR	Crane Co	0.85	2,727	1.2	12.4	13.5	4	1.6	Dec 19
MMM	3m Co.	0.81	77,121	2.4	16.4	12.2	3	1.0	Dec 19
SIME.KL	Sime Darby Bhd	0.79	2,810	0.1	11.0	6.9	6	1.5	Sep 19
ALFAA.MX	Alfa SAB de CV	0.70	1,403	0.5	3.7	5.7	-3	1.4	Dec 19
GE	General Electric Co	0.65	58,691	1.7	9.6	14.0	12	1.3	Dec 19
INH.DE	INDUS Holding AG	0.63	630	0.7	6.4	5.6	8	1.0	Sep 19
JCI	Johnson Controls Inc	0.63	22,874	1.2	22.5	17.4	8	1.1	Dec 19
VWS.CO	VESTAS WIND SYSTEMS A/S	0.54	16,564	1.1	332.7	30	29	1.3	Dec 19
WRT1V.HE	Wartsila Oyj Abp	0.53	3,844	0.9	-1078.2	30	7	1.0	Dec 19
CSL	Carlisle Companies Inc.	0.52	6,438	1.5	17.2	9.5	8	1.0	Dec 19
HON	Honeywell International Inc	0.52	92,750	2.9	12.8	14.1	4	1.3	Dec 19
SIE.DE	Siemens Ag	0.50	70,134	1.3	15.2	19.7	9	1.2	Dec 19
000880.KS	HANWHA CORP	0.32	884	0.3	-4.7	30	8	1.3	Jun 18