Rational Investing

Semiconductor Equipment & Materials

	Total Market Capitalization of All Firms	$99,971 mm
	Average Market Capitalization	$12,496 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.1
	Standard Deviation of MM Ratio	0
	Average Beta	1.5
	Average EV To Revenue	6.0
	Average Price To Free Cash Flow	30.0

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
LRCX	Lam Research Corp	1.4	46,841	5.0	20.6	7	1.6	Sep 19
WAF.DE	Siltronic AG	1.4	2,988	2.0	26.4	4	1.8	Sep 19
7729	Tokyo Seimitsu Co Ltd	1.3	1,621	0.2	-42.3	8	1.4	Sep 19
FTV	Fortive Corp	1.3	26,000	4.4	-12.6	3	1.2	Sep 19
OLED	Universal Display Corporation	1.1	9,963	26.9	70.3	50	1.5	Sep 19
VSM	Versum Materials Inc.	1.0	5,789	5.1	22.0	-3	1.3	Jun 19
AMS.SW	AMS AG	0.8	3,560	3.0	-9.2	27	1.4	Sep 19
AMKR	Amkor Technology Inc	0.7	3,209	1.0	10.8	7	1.8	Sep 19