Rational Investing

	Total Market Capitalization of All Firms	328799 mm
	Average Market Capitalization	18267 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.53
	Standard Deviation of MM Ratio	0
	Average Beta	1.13
	Average EV To Revenue	0.73
	Average Price To Free Cash Flow	40.07

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
CTX.AX	Caltex Australia Limited	2.8	4,779	0.3	154.4	1	0.88	Jun 19
6505.TW	Formosa Petrochemical Corp	2.4	29,826	0.1	31.8	-11	0.69	Jun 19
5019	Idemitsu Kosan Co	2.2	8,993	0.2	-1.2	32	0.98	Jun 19
APU	Amerigas Partners LP	2.0	2,903	2.1	68.3	-3	1.10	Jun 19
DK	Delek Us Holdings Inc.	2.0	2,957	0.6	23.4	0	1.61	Sep 19
NESTE.HE	Neste Oyj	2.0	26,657	1.7	28.6	11	1.01	Jun 19
SPH	Suburban Propane Partners Lp	2.0	1,494	2.2	21.0	-5	0.91	Jun 19
CVI	CVR Energy, Inc.	1.8	4,702	0.9	8.3	-9	1.35	Sep 19
VLO	Valero Energy Corp	1.6	41,924	0.4	72.2	-1	1.45	Sep 19
5020	JX Holdings Inc	1.5	16,187	0.2	-7.9	4	0.88	Jun 19
PSX	Phillips 66	1.3	54,680	0.6	37.1	-3	1.12	Sep 19
ANDV	Andeavor	1.0	24,100	0.7	-15.4	34	1.17	Jun 18
KCHOL.IS	Koc Holding AS	1.0	8,861	1.3	-5.0	22	1.08	Jun 19
PTT-R.BK	PTT PCL	1.0	42,502	0.3	22.3	-1	1.47	Jun 19
HFC	Holly Frontier Corporation	0.9	9,126	0.6	13.8	2	1.43	Sep 19
GLP	Global Partners Lp	0.8	684	0.1	8.7	13	0.93	Jun 19
UGP	Ultrapar Participacoes SA	0.8	5,419	0.4	-95.6	3	0.57	Sep 19
MPC	Marathon Petroleum Corporation	0.7	43,004	0.5	31.0	37	1.64	Sep 19