Rational Investing

	Total Market Capitalization of All Firms	$209,855 mm
	Average Market Capitalization	$52,464 mm
	Average Market to Model Ratio Weighted by Log of Market Cap	1.3
	Standard Deviation of MM Ratio	0.3
	Average Beta	0.5
	Average EV To Revenue	16.3
	Average EV To EBITDAM	32.5
	Average Price To Free Cash Flow	58.4

Ticker	Company Name	Market To Model	Market Cap ($ mm)	EV to Revenue	Price To FCF	EV/EBITDAM	% Growth	Beta	As Of
SBAC	Sba Communications Corp	1.58	30,476	19.6	71.3	30.1	3	0.4	Sep 20
CCI	Crown Castle International Cor	1.46	65,375	14.2	55.3	40.7	2	0.6	Sep 20
AMT	American Tower Corp	1.09	97,196	15.3	60.5	27.4	5	0.5	Sep 20
CLNX.MC	Cellnex Telecom SA	0.90	16,808	16.1	46.6	31.8	33	0.6	Jun 20