Rational Investing

	Total Market Capitalization of All Firms	289266 mm
	Average Market Capitalization	13148 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	0.98
	Standard Deviation of MM Ratio	0
	Average Beta	1.14
	Average EV To Revenue	1.15
	Average Price To Free Cash Flow	59.76

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
HUBG	Hub Group Inc.	2.1	1,733	0.6	266.1	1	1.55	Sep 19
CHRW	C.h. Robinson Worldwide Inc	1.4	10,421	0.7	31.6	-2	0.67	Sep 19
9301	Mitsubishi Logistics Corp	1.3	2,278	0.4	38.7	6	1.18	Sep 19
EXPD	Expeditors International	1.3	12,580	1.5	23.8	1	0.94	Sep 19
FDX	Fedex Corp	1.2	40,112	0.9	36.7	5	1.62	Aug 19
AAWW	Atlas Air Worldwide Holdings I	1.1	637	1.1	-14.3	3	2.00	Sep 19
9075	Fukuyama Transporting Co Ltd	1.0	2,093	0.4	20.5	8	0.59	Sep 19
BPOST.BR	bpost NV	1.0	2,286	0.9	7.1	0	1.20	Sep 19
DPW.DE	Deutsche Post AG	1.0	46,165	1.0	17.8	7	0.99	Sep 19
DSV.CO	DSV A/S	1.0	22,751	0.4	-13.0	12	0.88	Sep 19
UPS	United Parcel Service Inc	1.0	98,996	1.7	29.3	7	1.19	Sep 19
XPO	XPO Logistics Inc	1.0	8,875	0.8	8.9	-2	2.31	Sep 19
BOL.PA	Bollore SA	0.9	11,658	10.1	-11.9	57	1.05	Dec 17
9064	YAMATO HOLDINGS CO. LTD.	0.8	7,118	0.1	20.6	4	0.50	Sep 19
9303	The Sumitomo Warehouse Co., Lt	0.8	1,193	0.4	11.0	9	1.01	Sep 19
9062	NIPPON EXPRESS CO. LTD.	0.7	6,201	0.2	83.4	1	0.91	Sep 19
9065	Sankyu Inc	0.7	3,334	0.1	16.7	3	1.03	Sep 19
ATSG	Air Transport Services Group	0.7	1,399	2.0	-41.1	62	0.99	Sep 19
TFII.TO	TFI International	0.7	2,744	0.8	10.6	2	1.36	Sep 19
PNL.AS	PostNL NV	0.6	1,000	0.7	4.0	-5	1.30	Sep 19
RMG.L	Royal Mail PLC	0.6	2,806	0.3	416.3	4	0.72	Sep 19
9076	SEINO HOLDINGS CO. LTD	0.5	2,886	0.2	32.5	7	1.07	Sep 19