Rational Investing

	Total Market Capitalization of All Firms	330292 mm
	Average Market Capitalization	18350 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.07
	Standard Deviation of MM Ratio	0
	Average Beta	1.05
	Average EV To Revenue	0.64
	Average Price To Free Cash Flow	87.65

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
CTX.AX	Caltex Australia Limited	2.2	5,276	0.3	26.5	5	0.89	Jun 18
CVI	CVR Energy, Inc.	1.9	3,707	0.7	19.1	25	1.18	Sep 18
UGP	Ultrapar Participacoes SA	1.7	8,137	0.5	-27.7	12	0.66	Sep 18
MPC	Marathon Petroleum Corporation	1.5	45,767	0.5	41.6	27	1.36	Dec 18
KCHOL.IS	Koc Holding AS	1.3	8,282	0.3	-19.5	42	1.09	Sep 18
6505.TW	Formosa Petrochemical Corp	1.1	35,575	0.1	12.0	32	0.75	Sep 18
ANDV	Andeavor	1.0	24,100	0.7	-15.4	34	1.17	Jun 18
DK	Delek Us Holdings Inc.	1.0	2,859	0.5	-84.6	34	1.26	Sep 18
PTT-R.BK	PTT PCL	1.0	44,571	0.3	9.6	17	1.51	Sep 18
SPH	Suburban Propane Partners Lp	1.0	1,348	2.0	10.5	-1	0.94	Dec 18
VLO	Valero Energy Corp	1.0	37,477	0.4	29.1	3	1.10	Dec 18
APU	Amerigas Partners LP	0.9	2,776	1.9	11.5	2	1.08	Dec 18
5019	Idemitsu Kosan Co	0.8	7,812	0.2	819.6	21	0.85	Dec 18
PSX	Phillips 66	0.8	49,490	0.5	9.3	1	0.93	Dec 18
NESTE.HE	Neste Oyj	0.7	25,025	1.6	51.1	12	1.08	Dec 18
GLP	Global Partners Lp	0.6	641	0.2	-2.8	26	0.98	Sep 18
HFC	Holly Frontier Corporation	0.5	10,099	0.7	11.9	29	1.19	Sep 18
5020	JX Holdings Inc	0.4	17,351	0.2	-8.8	11	0.87	Dec 18