Rational Investing

Staffing & Outsourcing Services

	Total Market Capitalization of All Firms	89168 mm
	Average Market Capitalization	6859 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	0.98
	Standard Deviation of MM Ratio	0
	Average Beta	1.18
	Average EV To Revenue	2.34
	Average Price To Free Cash Flow	208.65

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
ASGN	On Assignment Inc.	1.8	3,485	1.1	257.5	21	1.81	Sep 19
2181	PERSOL HOLDINGS CO LTD	1.6	4,438	0.1	-47.4	6	0.72	Jun 19
PAYX	Paychex Inc	1.3	29,844	7.3	29.6	9	0.90	Aug 19
HAS.L	Hays Plc	1.0	2,905	0.5	1793.7	0	0.80	Jun 19
JOBS	51job Inc.	1.0	9,850	16.9	86.8	6	1.46	Jun 19
KELYA	Kelly Services Inc.	1.0	843	0.2	-2353.0	-4	0.80	Sep 19
MAN	Manpower Inc	0.9	5,564	0.3	19.6	-2	1.53	Sep 19
KFRC	Kforce Inc.	0.8	1,035	0.8	14.5	-3	1.19	Sep 19
ADEN.SW	Adecco SA	0.7	10,143	0.5	27.3	4	1.01	Jun 19
RHI	Robert Half International Inc	0.7	6,820	1.1	14.2	7	1.30	Sep 19
TBI	TrueBlue, Inc.	0.7	933	0.5	9.9	-3	1.59	Sep 19
NSP	Insperity Inc.	0.6	2,885	0.7	29.2	10	1.02	Sep 19
RAND.AS	RANDSTAD HOLDING N.V	0.6	10,422	0.5	12.9	4	1.15	Jun 19