Rational Investing

Staffing & Outsourcing Services

	Total Market Capitalization of All Firms	83715 mm
	Average Market Capitalization	6440 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	0.98
	Standard Deviation of MM Ratio	0
	Average Beta	1.17
	Average EV To Revenue	1.68
	Average Price To Free Cash Flow	197.95

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	% Growth	Beta	As Of
TBI	TrueBlue, Inc.	1.8	951	0.4	10.9	-4	1.64	Dec 18
NSP	Insperity Inc.	1.4	5,133	1.2	44.2	16	1.10	Dec 18
PAYX	Paychex Inc	1.4	28,476	8.2	31.8	3	1.01	Nov 18
KFRC	Kforce Inc.	1.2	901	0.7	12.2	2	1.27	Dec 18
ASGN	On Assignment Inc.	1.1	3,411	1.1	-119.6	19	1.85	Dec 18
HAS.L	Hays Plc	0.8	3,001	0.5	1903.5	5	0.83	Dec 18
JOBS	51job Inc.	0.8	4,437	6.9	27.4	24	1.21	Dec 18
KELYA	Kelly Services Inc.	0.8	839	0.2	79.9	-1	0.86	Dec 18
RHI	Robert Half International Inc	0.8	8,218	1.4	15.5	4	1.29	Dec 18
ADEN.VX	Adecco SA	0.7	9,066	0.4	23.4	6	0.90	Dec 18
MAN	Manpower Inc	0.7	5,637	0.3	13.5	4	1.43	Sep 18
RAND.AS	RANDSTAD HOLDING N.V	0.7	9,801	0.4	15.1	5	1.08	Dec 18
2181	PERSOL HOLDINGS CO LTD	0.6	3,844	0.1	-48.3	39	0.79	Dec 18