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US Market Fair Value

Market valuation is derived from the median price/fair value of constituent companies, as evaluated by Morningstar analysts.

Most Undervalued Small Cap Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
Clarivate PLC Ordinary Shares CLVT	$2.12	$5.50 High	0.39
CV Holdings Inc CVHL	$3.99	$10.00 High	0.40
Flutter Entertainment PLC FLUT	$81.79	$187.00 High	0.44
LOCK\|#FJ@J>R #dm&Fn>zM %&xQ PFNM	$112.06	$255.00 High	0.44
LOCK\|?@T X@j#xz&xGwz!YnY !?@?HF GBHN	$40.15	$84.00 High	0.48
LOCK\|$<T <%K# MPGFZ	$17.75	$36.00 High	0.49

Most Overvalued Small Cap Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
MSC Industrial Direct Co Inc Class A MSM	$116.06	$73.00 Medium	1.59
Paycom Software Inc PAYC	$268.16	$170.00 High	1.58
The Cheesecake Factory Inc CAKE	$115.45	$74.00 High	1.56
LOCK\|v>RXs @>ZLGTXR xZ!Fzd HLFC	$20.83	$13.50 High	1.54
LOCK\|>?>h z?^@ THCXC	$76.25	$50.00 High	1.53
LOCK\|&vT xN>@n%MqN M%vFQp PTHYQ	$196.45	$133.00 Medium	1.48

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