Rational Investing

	Total Market Capitalization of All Firms	$423,698 mm
	Average Market Capitalization	$28,247 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.0
	Standard Deviation of MM Ratio	0.3
	Average Beta	1.1
	Average EV To Revenue	5.4
	Average EV To EBITDAM	25.6
	Average Price To Free Cash Flow	47.3

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	EV/EBITDAM	% Growth	Beta	As Of
CMG	Chipotle Mexican Grill, Inc.	1.63	38,953	6.4	94.6	48.4	9	1.3	Sep 20
QSR.TO	Restaurant Brands Internationa	1.53	18,930	6.2	38.5	18.8	-10	1.3	Sep 20
QSR	Restaurant Brands Internationa	1.31	18,936	6.1	28.1	15.8	-9	1.3	Sep 20
SBUX	Starbucks Corp	1.18	123,942	5.9	69.0	30	0	0.8	Sep 20
WING	Wingstop Inc.	1.09	4,262	18.4	99	30	24	1.2	Sep 20
DRI	Darden Restaurants Inc	1.06	14,890	2.4	43.0	30.6	-15	1.4	Nov 20
DNKN	Dunkin Brands Group Inc	1.00	8,759	8.8	30.5	23.3	-2	0.9	Sep 20
CBRL	Cracker Barrel Old Country Sto	0.92	3,391	1.7	99	30	0	1.4	Oct 20
ARCO	Arcos Dorados Holding Inc	0.91	1,100	0.9	5.2	12.2	-38	1.5	Sep 20
JACK	Jack In The Box Inc.	0.87	2,569	3.6	20.5	17.1	11	1.6	Sep 20
DPZ	Dominos Pizza Inc.	0.81	15,422	4.8	43.5	29.6	12	0.7	Sep 20
PZZA	Papa Johns International Inc	0.81	3,025	1.9	57.3	29.2	11	1.1	Sep 20
2702	McDonalds Holdings Co (Japan)	0.73	6,506	0.0	53.5	19.0	2	0.5	Sep 20
MCD	Mcdonalds Corp	0.73	160,974	9.1	24.9	19.9	2	0.7	Sep 20
DOM.L	DOMINOS PIZZA GROUP PLC	0.68	2,038	4.8	3.2	30	-6	0.7	Jun 20