Rational Investing

Information Technology Services

	Total Market Capitalization of All Firms	429193 mm
	Average Market Capitalization	13006 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.27
	Standard Deviation of MM Ratio	0
	Average Beta	1.03
	Average EV To Revenue	2.54
	Average Price To Free Cash Flow	324.69

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
PAY	VeriFone Holdings	7.3	18,738	10.4	16.0	0	1.46	Apr 18
AZPN	Aspen Technology, Inc	2.4	6,042	12.6	38.0	-1	1.44	Sep 18
MSCI	Msci Inc	1.9	13,646	10.8	25.5	15	1.04	Sep 18
NCR	Ncr Corp	1.8	4,220	1.3	11.3	-2	1.66	Sep 18
NSIT	Insight Enterprises Inc.	1.8	1,634	0.3	49.8	9	1.11	Sep 18
TYL	Tyler Technologies Inc.	1.8	7,034	7.5	173.6	11	0.96	Sep 18
ENV	Envestnet, Inc.	1.7	2,352	3.3	-40.1	16	1.76	Sep 18
ACXM	Acxiom Corp	1.3	4,898	5.4	23.0	4	1.32	Jun 18
AVV.L	Aveva Group	1.3	2,720	2.8	-671.6	95	1.54	Mar 18
WKL.AS	WOLTERS KLUWER	1.3	17,055	4.6	23.0	-1	0.88	Jun 18
HCLTECH.NS	HCL Technologies Ltd	1.1	19,843	2.4	1580.5	8	0.62	Jun 18
NLSN	Nielsen Hldg NV	1.1	9,171	2.6	12.1	2	0.95	Sep 18
UIS	Unisys Corp	1.1	756	1.2	-473.7	4	1.37	Jun 18
4704	Trend Micro Incorporated	1.0	7,751	0.1	33.7	10	1.04	Sep 18
4739	Itochu Techno-solutions	1.0	4,192	0.0	23.9	1	0.84	Sep 18
6702	Fujitsu Ltd.	1.0	13,014	0.2	10.7	2	1.33	Sep 18
BC8.DE	Bechtle AG	1.0	3,438	0.8	112.5	20	0.75	Sep 18
SYNT	Syntel Inc.	1.0	3,439	3.7	18.6	10	0.82	Jun 18
4307	Nomura Research Institute,ltd.	0.9	11,245	0.2	16.6	5	0.76	Sep 18
4684	OBIC Co., Ltd.	0.8	7,728	0.2	38.6	10	0.71	Sep 18
ACN	Accenture plc	0.8	101,892	2.2	19.8	11	1.00	Aug 18
ATE.PA	Alten SA	0.8	3,059	1.4	12.3	12	0.78	Dec 17
IBM	International Business Machine	0.8	110,965	2.2	12.7	2	1.02	Sep 18
7518	Net One Systems Co., Ltd	0.7	1,728	0.1	26.1	10	1.03	Sep 18
9613	Ntt Data Corporation	0.7	16,585	0.3	16.0	7	0.70	Sep 18
SYNA	Synaptics Inc.	0.7	1,256	0.8	16.2	2	0.92	Jun 18
2327	NS Solutions Corporation	0.6	3,034	0.1	19.4	10	1.02	Sep 18
4689	Yahoo Japan Corporation	0.6	15,602	0.2	19.5	10	1.11	Jun 18
ALT.PA	Altran Technologies SA	0.6	1,553	1.1	-2.2	17	0.79	Jun 18
CCC.L	Computacenter Plc	0.6	1,717	0.4	7015.6	19	0.73	Jun 18
SOW.DE	Software AG	0.6	3,158	3.9	17.6	3	0.66	Sep 18
6701	NEC Corporation	0.5	7,771	0.3	17.2	4	0.74	Sep 18
SOP.PA	Sopra Steria Group SA	0.5	1,957	0.7	16.3	6	1.03	Jun 18