Rational Investing

	Total Market Capitalization of All Firms	$74,917 mm
	Average Market Capitalization	$10,702 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.4
	Standard Deviation of MM Ratio	0.5
	Average Beta	1.0
	Average EV To Revenue	7.7
	Average EV To EBITDAM	29.0
	Average Price To Free Cash Flow	47.1

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	EV/EBITDAM	% Growth	Beta	As Of
PANW	Palo Alto Networks Inc	2.32	26,056	8.0	99	30	18	1.1	Apr 20
NLOK	NortonLifeLock Inc	1.85	14,165	7.5	22.2	16.2	-2	0.9	Mar 20
PFPT	Proofpoint Inc	1.52	6,088	6.5	99	40.3	20	1.4	Mar 20
QLYS	Qualys Inc	1.14	4,837	13.2	38.3	31.0	14	1.0	Mar 20
OSPN	OneSpan Inc	1.12	1,246	4.4	31	29.7	10	1.0	Mar 20
CHKP	Check Point Software Technolog	0.90	19,224	9.3	24.5	20.0	3	0.7	Jun 20
FEYE	FireEye Inc.	0.68	3,302	4.7	15.5	36.1	6	1.1	Jun 20