This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional.														Estimates	Estimates	Estimates
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet.														Q1 2026	<-Estimates				got old reports by googling i.e.
See my website on stocks or see my blog at the following sites.							https://spbrunner.com/stocks.html				https://spbrunner.blogspot.com/			6/30/26	<-Estimates				computer modelling group annual report 2013 annualreports.co.uk
Computer Modelling Group Ltd						TSX:	CMG	OTC:	CMDXF	https://www.cmgl.ca/		Fiscal Yr:	Mar 31
Year	3/31/13	3/31/14	3/31/15	3/31/16	3/31/17	3/31/18	3/31/19	3/31/20	3/31/21	3/31/22	3/31/23	3/31/24	3/31/25	3/31/26	3/31/27	3/31/28		Value	Description	#Y	Item
Accounting Rules	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS					Accounting Rules
Split Date			3-Jul-14																		Split Date
Split			2																		Split
Cost of Sales											$7.5	$17.2	$24.9								Cost of Sales
Change												130.24%	44.80%								Change
Ratio											0.10	0.16	0.19								Ratio
Operating Expenses											$40.5	$57.5	$70.4								Operating Expenses
Change												41.89%	22.42%								Change
Ratio											0.55	0.53	0.54								Ratio
Total											$48.0	$74.7	$95.3								Total
Change												55.66%	27.58%								Change
Ratio											0.65	0.69	0.74								Ratio
														$129	<-12 mths	-0.66%			Estimates		last 12 months from Qtr.
Revenue*	$68.620	$74.503	$84.861	$80.798	$75.097	$74.680	$74.857	$75.786	$67.363	$66.202	$73.846	$108.679	$129.446	$128.2	$132.9			52.54%	<-Total Growth	10	Revenue
Increase	12.43%	8.57%	13.90%	-4.79%	-7.06%	-0.56%	0.24%	1.24%	-11.11%	-1.72%	11.55%	47.17%	19.11%	-0.96%	3.67%			4.31%	<-IRR #YR->	10	Revenue	52.54%
5 year Running Average	$54.145	$60.257	$68.169	$73.963	$76.776	$77.988	$78.059	$76.244	$73.557	$71.778	$71.611	$78.375	$89.107	$101.275	$114.614			11.30%	<-IRR #YR->	5	Revenue	70.80%
Revenue per Share	$0.90	$0.95	$1.08	$1.03	$0.94	$0.93	$0.93	$0.94	$0.84	$0.82	$0.92	$1.34	$1.59	$1.58	$1.63			2.71%	<-IRR #YR->	10	5 yr Running Average	30.72%
Increase	10.01%	5.58%	13.81%	-5.19%	-7.83%	-1.46%	0.22%	1.21%	-11.16%	-1.72%	11.06%	45.80%	19.11%	-0.96%	3.67%			3.17%	<-IRR #YR->	5	5 yr Running Average	16.87%
5 year Running Average	$0.74	$0.80	$0.89	$0.95	$0.98	$0.99	$0.98	$0.96	$0.92	$0.89	$0.89	$0.97	$1.10	$1.25	$1.41			3.93%	<-IRR #YR->	10	Revenue per Share	47.09%
P/S (Price/Sales) Med	10.46	10.48	12.06	10.99	9.93	9.50	7.93	6.42	6.28	6.04	6.48	6.42	6.86	4.81	0.16			10.99%	<-IRR #YR->	5	Revenue per Share	68.41%
P/S (Price/Sales) Close	11.72	15.35	11.62	12.53	10.95	9.83	6.59	4.06	6.85	6.50	7.93	8.22	5.07	4.53	4.37			2.13%	<-IRR #YR->	10	5 yr Running Average	23.42%
*Revenue in M CDN $				P/S Med	20 yr	0.85	15 yr	0.89	P/S	10 yr	7.39	5 yr	6.85		-38.66%	Diff M/C		2.87%	<-IRR #YR->	5	5 yr Running Average	15.21%
			-$84.9	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$129.4
								-$75.8	$0.0	$0.0	$0.0	$0.0	$129.4
			-$68.2	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$89.1
								-$76.2	$0.0	$0.0	$0.0	$0.0	$89.1
			-$1.08	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.59
								-$0.94	$0.00	$0.00	$0.00	$0.00	$1.59
			-$0.89	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.10
								-$0.96	$0.00	$0.00	$0.00	$0.00	$1.10
Funds From Operations	$34.290	$32.335	$37.742	$29.632	$27.560	$25.503	$25.593	$28.765	$26.283	$23.842	$25.357	$38.255	$31.780					-15.80%	<-Total Growth	10	Funds From Operations
FFO* Basic	$0.46	$0.42	$0.48	$0.38	$0.35	$0.32	$0.32	$0.36	$0.33	$0.30	$0.32	$0.47	$0.38	$0.38	<-12 mths			-20.83%	<-Total Growth	10	FFO* Basic
Increase	6.27%	-7.79%	14.29%	-20.83%	-7.89%	-8.57%	0.00%	12.50%	-8.33%	-9.09%	6.67%	47.63%	-19.56%	0.00%	<-12 mths			10	0	10	Years of Data, EPS P or N
5 year Running Average	$0.38	$0.39	$0.43	$0.43	$0.42	$0.39	$0.37	$0.35	$0.34	$0.33	$0.33	$0.36	$0.36	$0.37	<-12 mths			-2.31%	<-IRR #YR->	10	FFO
FFO Yield	4.27%	3.16%	4.02%	3.14%	3.84%	3.33%	5.25%	4.38%	6.76%	7.04%	5.49%	4.66%	3.57%	5.32%	<-12 mths			1.09%	<-IRR #YR->	5	FFO
Payout Ratio	81.24%	92.86%	83.33%	105.26%	114.29%	125.00%	125.00%	111.11%	60.61%	66.67%	62.50%	42.33%	52.63%	52.63%	<-12 mths			-1.70%	<-IRR #YR->	10	5 yr Running Average
5 year Running Average	67.18%	76.07%	77.64%	85.49%	95.40%	104.15%	110.58%	116.13%	107.20%	97.68%	85.18%	68.64%	56.95%	55.35%	<-12 mths			0.82%	<-IRR #YR->	5	5 yr Running Average
Price/FFO Median	20.66	23.71	27.16	29.66	26.80	27.64	23.11	16.83	15.97	16.60	18.55	18.14	28.70	19.93	<-12 mths			20.83	<-Median->	10	Price/FFO Median
Price/FFO High	24.83	35.57	32.42	38.29	29.94	27.72	28.84	24.17	20.15	20.33	23.69	22.42	38.34	22.39	<-12 mths			25.94	<-Median->	10	Price/FFO High
Price/FFO Low	16.49	11.86	21.90	21.03	23.66	27.56	17.38	9.50	11.79	12.87	13.41	13.86	19.05	17.47	<-12 mths			15.62	<-Median->	10	Price/FFO Low
Price/FFO Close	23.40	31.69	24.88	31.82	26.03	30.00	19.03	22.83	14.79	14.20	18.22	21.44	28.03	18.79	<-12 mths			22.14	<-Median->	10	Price/FFO Close
Trailing P/FFO Close	24.87	29.22	28.43	25.19	23.97	27.43	19.03	25.69	13.56	12.91	19.43	31.66	22.54	18.79	<-12 mths			23.26	<-Median->	10	Trailing P/FFO Close
Median Values	Historical	in order	18.55	24.17	13.41	21.44	P/CF	5 Yrs	in order	18.14	22.42	13.41	18.22		3.58%	Diff M/C					DPR 75% to 95% best
* Funds Flow from Operations
			-$0.48	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.38
								-$0.36	$0.00	$0.00	$0.00	$0.00	$0.38
			-$0.43	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.36
								-$0.35	$0.00	$0.00	$0.00	$0.00	$0.36
Free Cash Flow			$37.742	$27.723	$16.046	$20.830	$26.547	$24.851	$26.547	$21.783	$21.701	$35.300	$27.608	$30.320	$33.220			-0.41%	<-Total Growth	10	Free Cash Flow
FCF* Basic			$0.48	$0.35	$0.20	$0.26	$0.31	$0.33	$0.30	$0.27	$0.27	$0.44	$0.33	$0.36	$0.40			-5.71%	<-Total Growth	10	FCF* Basic
Increase				-27.08%	-42.86%	30.00%	19.23%	6.45%	-9.09%	-10.00%	0.00%	62.96%	-25.00%	10.24%	9.56%			10	0	10	Years of Data, EPS P or N
5 year Running Average							$0.32	$0.29	$0.28	$0.29	$0.30	$0.32	$0.32	$0.33	$0.36			-0.65%	<-IRR #YR->	9	FCF
FCF Yield			4.02%	2.89%	2.20%	2.71%	5.09%	4.01%	6.15%	6.34%	4.63%	4.34%	3.10%	5.10%	5.58%			0.00%	<-IRR #YR->	5	FCF
Payout Ratio			83.33%	114.29%	200.00%	153.85%	129.03%	121.21%	66.67%	74.07%	74.07%	45.45%	60.61%	54.98%	50.18%			2.12%	<-IRR #YR->	5	5 yr Running Average
5 year Running Average							136.10%	143.68%	134.15%	108.97%	93.01%	76.30%	64.18%	61.84%	57.06%			2.12%	<-IRR #YR->	5	5 yr Running Average
Price/FCF Median			27.16	32.20	46.90	34.02	23.85	18.36	17.57	18.44	21.98	19.48	33.05	20.82	0.65			22.92	<-Median->	10	Price/FCF Median
Price/FCF High			32.42	41.57	52.40	34.12	29.77	26.36	22.17	22.59	28.07	24.07	44.15	23.39	0.00			28.92	<-Median->	10	Price/FCF High
Price/FCF Low			21.90	22.83	41.40	33.92	17.94	10.36	12.97	14.30	15.89	14.89	21.94	18.25	0.00			16.91	<-Median->	10	Price/FCF Low
Price/FCF Close			24.88	34.54	45.55	36.92	19.65	24.91	16.27	15.78	21.59	23.02	32.27	19.63	17.91			23.97	<-Median->	10	Price/FCF Close
Trailing P/FCF Close					26.03	48.00	23.42	26.52	14.79	14.20	21.59	37.52	24.20	21.64	19.63			24.20	<-Median->	9	Trailing P/FCF Close
Median Values		DPR	10 Yrs	94.18%	5 Yrs	66.67%	P/CF	5 Yrs	in order	19.48	24.07	14.89	21.59		0.77%	Diff M/C					DPR 75% to 95% best
* Free Cash Flow
				-$0.35	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.33
								-$0.33	$0.00	$0.00	$0.00	$0.00	$0.33
								-$0.29	$0.00	$0.00	$0.00	$0.00	$0.32
								-$0.29	$0.00	$0.00	$0.00	$0.00	$0.32
														$0.28	<-12 mths	3.70%
Pre-split 14	$0.66	$0.71
EPS Basic	$0.33	$0.36	$0.42	$0.32	$0.31	$0.26	$0.28	$0.29	$0.25	$0.23	$0.25	$0.32	$0.27					-35.71%	<-Total Growth	10	EPS Basic
Pre-split 09
Pre-split 11
Pre-split 14	$0.64	$0.70
EPS Diluted*	$0.32	$0.35	$0.41	$0.32	$0.31	$0.26	$0.28	$0.29	$0.25	$0.20	$0.24	$0.32	$0.27	$0.27	$0.30			-34.15%	<-Total Growth	10	EPS Diluted
Increase	3.23%	9.37%	17.14%	-21.95%	-3.13%	-16.13%	7.69%	3.57%	-13.79%	-20.00%	20.00%	33.33%	-15.63%	-0.74%	11.19%			10	0	10	Years of Data, EPS P or N	100.00%
Earnings Yield	3.0%	2.4%	3.3%	2.5%	3.0%	2.8%	4.6%	7.6%	4.3%	3.7%	3.3%	2.9%	3.3%	3.8%	4.2%			-4.09%	<-IRR #YR->	10	Earnings per Share	-34.15%
5 year Running Average	$0.26	$0.28	$0.32	$0.34	$0.34	$0.33	$0.32	$0.29	$0.28	$0.26	$0.25	$0.26	$0.26	$0.26	$0.28			-1.42%	<-IRR #YR->	5	Earnings per Share	-6.90%
10 year Running Average	$0.17	$0.20	$0.23	$0.26	$0.28	$0.30	$0.30	$0.31	$0.31	$0.30	$0.29	$0.29	$0.27	$0.27	$0.27			-2.34%	<-IRR #YR->	10	5 yr Running Average	-21.11%
* ESP per share (Cdn GAAP)									E/P	10 Yrs	3.33%	5Yrs	3.35%					-2.60%	<-IRR #YR->	5	5 yr Running Average	-12.33%
			-$0.41	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.27
								-$0.29	$0.00	$0.00	$0.00	$0.00	$0.27
			-$0.32	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.26
								-$0.29	$0.00	$0.00	$0.00	$0.00	$0.26
Dividend*														$0.20					Estimates		Dividend*
Increase														0.00%					Estimates		Increase
Payout Ratio EPS														74.63%					Estimates		Payout Ratio EPS
Total Dividend	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20		-50.00%	<-Total Growth	10	Total Dividend
Pre-split 09 Sp D
Pre-split 11
Pre-split 14	$0.10	$0.05
Special Dividend	$0.05	$0.03	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00		$0.00	<-Median->	10	Special Dividend
Pre-split 09
Pre-split 11
Pre-split 14	$0.64	$0.73
Dividend*	$0.32	$0.37	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20		-50.00%	<-Total Growth	10	Dividends
Increase	42.22%	14.06%	9.59%	0.00%	0.00%	0.00%	0.00%	0.00%	-50.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%		10	1	20	Years of data, Count P, N	50.00%
Average Increases 5 Year Running	32.83%	24.26%	17.94%	16.55%	13.17%	4.73%	1.92%	0.00%	-10.00%	-10.00%	-10.00%	-10.00%	-10.00%	0.00%	0.00%	0.00%		-5.00%	<-Median->	10	Average Inc 5 Year Running
Dividends 5 Yr Running	$0.26	$0.30	$0.33	$0.37	$0.39	$0.40	$0.40	$0.40	$0.36	$0.32	$0.28	$0.24	$0.20	$0.20	$0.20	$0.20		-40.21%	<-Total Growth	10	Dividends 5 Yr Running
Yield H/L Price	3.40%	3.66%	3.07%	3.55%	4.26%	4.52%	5.41%	6.60%	3.80%	4.02%	3.37%	2.33%	1.83%	2.64%				3.91%	<-Median->	10	Yield H/L Price	Item
Yield on High  Price	2.83%	2.44%	2.57%	2.75%	3.82%	4.51%	4.33%	4.60%	3.01%	3.28%	2.64%	1.89%	1.37%	2.35%				3.14%	<-Median->	10	Yield on High  Price	EPS
Yield on Low Price	4.26%	7.33%	3.81%	5.01%	4.83%	4.54%	7.19%	11.70%	5.14%	5.18%	4.66%	3.05%	2.76%	3.01%				4.92%	<-Median->	10	Yield on Low Price	FFO
Yield on Close Price	3.03%	2.50%	3.18%	3.12%	3.86%	4.37%	6.50%	10.44%	3.48%	3.73%	2.75%	1.82%	2.48%	2.80%	2.80%	2.22%		3.60%	<-Median->	10	Yield on Close Price	FCF C.
Payout Ratio EPS	115.63%	111.43%	97.56%	125.00%	129.03%	153.85%	142.86%	137.93%	80.00%	100.00%	83.33%	62.50%	74.07%	74.63%	67.11%	#DIV/0!		112.50%	<-Median->	10	DPR EPS	CFPS
DPR EPS 5 Yr Running	98.17%	106.73%	103.08%	107.46%	114.62%	120.61%	126.58%	136.99%	129.50%	125.00%	111.11%	92.31%	78.13%	77.04%	71.63%	#DIV/0!		117.61%	<-Median->	10	DPR EPS 5 Yr Running	FCF
Payout Ratio CFPS	72.98%	70.72%	62.59%	80.06%	86.21%	95.93%	74.58%	111.59%	61.09%	67.35%	63.60%	42.55%	51.22%	47.62%				70.96%	<-Median->	10	DPR CF
DPR CF 5 Yr Running	80.16%	88.76%	80.09%	86.99%	94.66%	95.53%	96.25%	110.19%	103.30%	92.10%	83.46%	70.31%	54.99%	52.37%				93.38%	<-Median->	10	DPR CF 5 Yr Running
Payout Ratio CFPS WC	72.98%	70.72%	62.59%	80.06%	86.21%	95.93%	74.58%	111.59%	61.09%	67.35%	63.60%	42.55%	51.22%	47.62%				70.96%	<-Median->	10	DPR CF WC
DPR CF WC 5 Yr Running	72.82%	73.92%	68.39%	68.79%	73.65%	77.40%	78.25%	87.90%	85.59%	82.64%	76.35%	67.90%	55.58%	52.86%				76.88%	<-Median->	10	DPR CF WC 5 Yr Running
Median Values	10 Yr Med	10 Yr Cl	3.91%	3.60%	5 Yr Med	5 Yr Cl	3.37%	2.75%	5 Yr Med	Payout	80.00%	61.09%	61.09%					-12.94%	<-IRR #YR->	5	Dividends	-50.00%
* Dividends per share	10 Yr Med	and Cur.	-28.28%	-22.29%	5 Yr Med	and Cur.	-16.88%	1.68%	Last Div Inc --->		$0.100	$0.050	-50.0%					-6.70%	<-IRR #YR->	10	Dividends	-50.00%
Dividends Growth 15																		0.70%	<-IRR #YR->	15	Dividends	11.11%
Dividends Growth 20																		12.20%	<-IRR #YR->	20	Dividends
Dividends Growth 5								-$0.40	$0.00	$0.00	$0.00	$0.00	$0.20								Dividends Growth 5
Dividends Growth 10			-$0.40	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.20								Dividends Growth 10
Dividends Growth 15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.20								Dividends Growth 15
Dividends Growth 20	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.20								Dividends Growth 20
Historical Dividends	Historical	High Div	7.72%	Low Div	1.92%	10 Yr High	11.25%	10 Yr Low	1.42%	Med Div	3.63%	Close Div	3.12%								Historical Dividends
High/Ave/Median Values	Curr diff	Exp.	-63.72%		45.89%	Exp.	-75.10%		97.26%	Exp.	-22.83%	Exp.	-10.08%								High/Ave/Median
Future Dividend Yield					Div Yield	1.40%	earning in	5	Years	at IRR of	-12.94%	Div Inc.	-50.00%								Future Dividend Yield
Future Dividend Yield					Div Yield	0.70%	earning in	10	Years	at IRR of	-12.94%	Div Inc.	-75.00%								Future Dividend Yield
Future Dividend Yield					Div Yield	0.35%	earning in	15	Years	at IRR of	-12.94%	Div Inc.	-87.50%								Future Dividend Yield
Future Dividend Paid					Div Paid	$0.10	earning in	5	Years	at IRR of	-12.94%	Div Inc.	-50.00%								Future Dividend Paid
Future Dividend Paid					Div Paid	$0.05	earning in	10	Years	at IRR of	-12.94%	Div Inc.	-75.00%								Future Dividend Paid
Future Dividend Paid					Div Paid	$0.03	earning in	15	Years	at IRR of	-12.94%	Div Inc.	-87.50%								Future Dividend Paid
Dividend Covering Cost					Total Div	$0.77	over	5	Years	at IRR of	-12.94%	Div Cov.	10.82%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$1.06	over	10	Years	at IRR of	-12.94%	Div Cov.	14.83%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$1.20	over	15	Years	at IRR of	-12.94%	Div Cov.	16.83%								Dividend Covering Cost
I am earning GC					Div Gr	150.00%	7/11/08	# yrs ->	17	2008	$2.30	Cap Gain	210.43%								I am earning GC
I am earning Div					org yield	3.48%	12/31/14	Pension	Div G Yrly	15.20%	Div start	$0.08	-3.48%	8.70%							I am earning Div
Yield if held 5 years	16.47%	16.04%	11.96%	7.55%	5.80%	4.25%	4.02%	3.07%	1.77%	2.13%	2.26%	2.70%	3.30%	3.80%	4.02%	3.37%		3.18%	<-Median->	10	Paid Median Price
Yield if held 10 years	150.59%	83.55%	67.80%	48.45%	30.06%	20.59%	17.58%	11.96%	3.78%	2.90%	2.13%	2.01%	1.53%	1.77%	2.13%	2.26%		7.87%	<-Median->	10	Paid Median Price
Yield if held 15 years	113.78%	627.96%	640.00%	477.61%	353.59%	188.24%	91.56%	67.80%	24.22%	15.03%	10.29%	8.79%	5.98%	3.78%	2.90%	2.13%		46.01%	<-Median->	10	Paid Median Price
Yield if held 20 years					142.22%	142.22%	688.17%	640.00%	238.81%	176.80%	94.12%	45.78%	33.90%	24.22%	15.03%	10.29%		142.22%	<-Median->	9	Paid Median Price
Cost cover if held 5 years	65.68%	66.26%	50.02%	34.69%	28.41%	21.15%	20.08%	15.34%	15.97%	17.06%	15.83%	16.23%	16.50%	18.98%	20.08%	16.85%		16.78%	<-Median->	10	Paid Median Price
Cost cover if held 10 years	725.29%	442.06%	387.50%	319.30%	223.20%	168.09%	154.18%	109.83%	68.68%	51.59%	36.03%	32.13%	23.01%	24.84%	27.72%	27.13%		89.26%	<-Median->	10	Paid Median Price
Cost cover if held 15 years	548.00%	3322.58%	3730.00%	3261.19%	2767.96%	1661.76%	899.86%	726.48%	537.32%	343.45%	240.14%	206.92%	139.74%	87.56%	66.09%	46.65%		631.90%	<-Median->	10	Paid Median Price
Cost cover if held 20 years					1113.33%	1255.56%	6763.44%	6930.00%	5410.45%	4182.32%	2320.59%	1174.54%	895.97%	658.44%	418.60%	291.61%		2320.59%	<-Median->	9	Paid Median Price
																				Yr	Item	Tot. Growth
Revenue Growth								$75.8	$67.4	$66.2	$73.8	$108.7	$129.4	$129	<-12 mths	-0.66%		70.80%	<-Total Growth	5	Revenue Growth	70.80%
FFO Growth								$0.36	$0.33	$0.30	$0.32	$0.47	$0.38					5.56%	<-Total Growth	5	FFO Growth	5.56%
Net Income Growth								$23.5	$20.2	$18.4	$19.8	$26.3	$22.4	$23	<-12 mths	2.74%		-4.46%	<-Total Growth	5	Net Income Growth	-4.46%
Cash Flow Growth								$20.5	$26.4	$28.7	$25.9	$36.1	$29.9					45.72%	<-Total Growth	5	Cash Flow Growth	45.72%
Dividend Growth								$0.40	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	<-12 mths	0.00%		-50.00%	<-Total Growth	5	Dividend Growth	-50.00%
Stock Price Growth								$8.22	$4.88	$4.26	$5.83	$10.13	$10.65	$7.14	<-12 mths	-32.96%		29.56%	<-Total Growth	5	Stock Price Growth	29.56%
Revenue Growth			$84.9	$80.8	$75.1	$74.7	$74.9	$75.8	$67.4	$66.2	$73.8	$108.7	$129.4	$128	<-this year	-0.96%		52.54%	<-Total Growth	10	Revenue Growth	52.54%
FFO Growth			$0.48	$0.38	$0.35	$0.32	$0.32	$0.36	$0.33	$0.30	$0.32	$0.47	$0.38	$0.38	<-this year	0.00%		-20.83%	<-Total Growth	10	FFO Growth	-20.83%
Net Income Growth			$32.6	$25.3	$24.3	$20.8	$22.1	$23.5	$20.2	$18.4	$19.8	$26.3	$22.4	$23	<-this year	2.91%		-31.28%	<-Total Growth	10	Net Income Growth	-31.28%
Cash Flow Growth			$40.7	$31.7	$28.8	$30.5	$33.2	$20.5	$26.4	$28.7	$25.9	$36.1	$29.9	$34	<-this year	14.26%		-26.53%	<-Total Growth	10	Cash Flow Growth	-26.53%
Dividend Growth			$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	<-this year	0.00%		-50.00%	<-Total Growth	10	Dividend Growth	-50.00%
Stock Price Growth			$11.94	$12.09	$9.11	$9.60	$6.09	$8.22	$4.88	$4.26	$5.83	$10.13	$10.65	$7.14	<-this year	-32.96%		-10.80%	<-Total Growth	10	Stock Price Growth	-10.80%
Dividends on Shares				$33.60	$33.60	$33.60	$33.60	$33.60	$16.80	$16.80	$16.80	$16.80	$16.80	$16.80	$16.80	$16.80		$252.00	No of Years	10	Total Divs	12/31/14
Paid			$1,002.96	$1,015.56	$765.24	$806.40	$511.56	$690.48	$409.92	$357.84	$489.72	$850.92	$894.60	$599.76	$599.76	$599.76		$894.60	No of Years	10	Worth	$11.94
Total																		$1,146.60
Graham No.	$2.20	$2.52	$2.73	$2.33	$2.27	$2.01	$1.93	$1.77	$1.74	$1.62	$1.87	$2.45	$2.53	$2.52	$2.66	$0.00		-7.28%	<-Total Growth	10	Graham Price
Price/GP Ratio Med	4.27	3.95	4.77	4.84	4.13	4.39	3.84	3.43	3.02	3.08	3.17	3.50	4.31	3.00				3.67	<-Median->	10	Price/GP Ratio
Price/GP Ratio High	5.13	5.93	5.70	6.25	4.62	4.41	4.79	4.93	3.81	3.77	4.04	4.32	5.75	3.37				4.51	<-Median->	10	Price/GP Ratio
Price/GP Ratio Low	3.41	1.98	3.85	3.43	3.65	4.38	2.89	1.94	2.23	2.39	2.29	2.67	2.86	2.63				2.77	<-Median->	10	Price/GP Ratio
Price/GP Ratio Close	4.79	5.79	4.60	5.52	4.56	4.55	3.19	2.17	3.30	3.31	3.87	4.48	3.18	2.83	2.68	#DIV/0!		3.59	<-Median->	10	Price/GP Ratio
Prem/Disc CL	378.6%	478.9%	359.9%	451.9%	355.9%	354.5%	219.3%	116.8%	229.7%	231.2%	287.4%	348.3%	218.3%	183.0%	168.4%	#DIV/0!		259.31%	<-Median->	10	Graham Price
Month, Year	Dec-12	Dec-13	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-25	Dec-26	Dec-27		21.00	<Count Years>		Month, Year
Pre-split 14	$21.32
Price Close	$10.66	$13.31	$11.94	$12.09	$9.11	$9.60	$6.09	$8.22	$4.88	$4.26	$5.83	$10.13	$10.65	$7.14	$7.14	$7.14		-10.80%	<-Total Growth	10	Stock Price
Increase	38.89%	24.86%	-10.29%	1.26%	-24.65%	5.38%	-36.56%	34.98%	-40.63%	-12.70%	36.85%	73.76%	5.13%	-32.96%	0.00%	0.00%		29.42	<-Median->	10	CAPE (10 Yr P/E)
P/E	33.31	38.03	29.12	37.78	29.39	36.92	21.75	28.34	19.52	21.30	24.29	31.66	39.44	26.64	23.96	#DIV/0!		5.32%	<-IRR #YR->	5	Stock Price	29.56%
Trailing P/E	34.39	41.59	34.11	29.49	28.47	30.97	23.42	29.36	16.83	17.04	29.15	42.21	33.28	26.44	26.64	23.96		-1.14%	<-IRR #YR->	10	Stock Price	-10.80%
CAPE (10 Yr P/E)	21.09	24.35	25.51	27.27	28.02	29.26	30.31	30.87	30.19	30.15	29.32	28.52	29.51	28.24	27.63	#DIV/0!		7.52%	<-IRR #YR->	5	Price & Dividend	41.73%
Median 10, 5 Yrs		D.  per yr	2.67%	2.20%	% Tot Ret	173.98%	29.31%	T P/E	29.25	29.15	P/E:	28.87	24.29					1.54%	<-IRR #YR->	10	Price & Dividend	14.32%
Price 15		D.  per yr	5.97%		% Tot Ret	45.37%						CAPE Diff	-9.43%					7.19%	<-IRR #YR->	15	Stock Price	183.24%
Price  20		D.  per yr	14.64%		% Tot Ret	48.16%												15.76%	<-IRR #YR->	20	Stock Price	1768.42%
Price  25		D.  per yr	23.96%		% Tot Ret	48.91%												25.03%	<-IRR #YR->	25	Stock Price	26525.00%
Price  30		D.  per yr	5.69%		% Tot Ret	30.96%												12.69%	<-IRR #YR->	28	Stock Price
Price & Dividend 15																		13.16%	<-IRR #YR->	15	Price & Dividend	307.51%
Price & Dividend 20																		30.41%	<-IRR #YR->	20	Price & Dividend	2695.83%
Price & Dividend 25																		48.99%	<-IRR #YR->	25	Price & Dividend	398.53125
Price & Dividend 30																		18.39%	<-IRR #YR->	28	Price & Dividend
Price  5								-$8.22	$0.00	$0.00	$0.00	$0.00	$10.65								Price  5
Price 10			-$11.94	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.65								Price 10
Price & Dividend 5								-$8.22	$0.20	$0.20	$0.20	$0.20	$10.85								Price & Dividend 5
Price & Dividend 10			-$11.94	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$10.85								Price & Dividend 10
Price 15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.65								Price 15
Price  20	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.65								Price  20
Price  25	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.65								Price  25
Price  30	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.65								Price  30
Price & Dividend 15	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$10.85								Price & Dividend 15
Price & Dividend 20	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$10.85								Price & Dividend 20
Price & Dividend 25	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$10.85								Price & Dividend 25
Price & Dividend 30	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$10.85								Price & Dividend 30
Month, Year	Mar-13	Mar-14	Mar-15	Mar-16	Mar-17	Mar-18	Mar-19	Mar-20	Mar-21	Mar-22	Mar-23	Mar-24	Mar-25	Mar-26	Mar-27	Mar-28					Month, Year
Pre-split 09
Pre-split 11
Pre-split 14	$21.09
Price Close	$10.55	$14.58	$12.56	$12.84	$10.35	$9.15	$6.15	$3.83	$5.75	$5.36	$7.26	$10.98	$8.06	$7.14	$7.14	$9.00		-35.83%	<-Total Growth	10	Stock Price
Increase	32.64%	38.26%	-13.85%	2.23%	-19.39%	-11.59%	-32.79%	-37.72%	50.13%	-6.78%	35.45%	51.24%	-26.59%	-11.41%	0.00%	26.05%		16.05%	<-IRR #YR->	5	Stock Price	110.44%
P/E	32.95	41.66	30.63	40.13	33.39	35.19	21.96	13.21	23.00	26.80	30.25	34.31	29.85	26.64	23.96	#DIV/0!		-4.34%	<-IRR #YR->	10	Stock Price	-35.83%
Trailing P/E	34.02	45.56	35.89	31.32	32.34	29.52	23.65	13.68	19.83	21.44	36.30	45.75	25.19	26.44	26.64	30.20		20.05%	<-IRR #YR->	5	Price & Dividend
Median 10, 5 Yrs		D.  per yr	2.87%	4.00%	% Tot Ret	0.00%	19.97%	T P/E	30.05	29.85	P/E:	-0.09	0.35					-1.47%	<-IRR #YR->	10	Price & Dividend
Price 15																		4.26%	<-IRR #YR->	15	Stock Price	-100.00%
Price  20																		13.01%	<-IRR #YR->	20	Stock Price	-100.00%
Price  25																		24.87%	<-IRR #YR->	25	Stock Price	-100.00%
Price  30																		10.97%	<-IRR #YR->	28	Stock Price
Price & Dividend 15																		10.22%	<-IRR #YR->	15	Price & Dividend	2.67%
Price & Dividend 20																		26.68%	<-IRR #YR->	20	Price & Dividend	533.64%
Price & Dividend 25																		53.04%	<-IRR #YR->	25	Price & Dividend	140.68171
Price & Dividend 30																		17.00%	<-IRR #YR->	28	Price & Dividend
Price  5			-$12.56	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$8.06								Price  5
Price 10								-$3.83	$0.00	$0.00	$0.00	$0.00	$8.06								Price 10
Price & Dividend 5			-$12.56	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$8.26								Price & Dividend 5
Price & Dividend 10								-$3.83	$0.20	$0.20	$0.20	$0.20	$8.26								Price & Dividend 10
Price 15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$8.06								Price 15
Price  20	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$8.06								Price  20
Price  25	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$8.06								Price  25
Price  30	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$8.06								Price  30
Price & Dividend 15	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$8.26								Price & Dividend 15
Price & Dividend 20	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$8.26								Price & Dividend 20
Price & Dividend 25	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$8.26								Price & Dividend 25
Price & Dividend 30	$0.37	$0.39	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$8.26								Price & Dividend 30
Price H/L Median	$9.41	$9.96	$13.04	$11.27	$9.38	$8.85	$7.40	$6.06	$5.27	$4.98	$5.94	$8.57	$10.91	$7.58	26.05%			-16.34%	<-Total Growth	10	Stock Price
Increase	36.38%	5.84%	30.87%	-13.54%	-16.77%	-5.70%	-16.39%	-18.05%	-13.04%	-5.50%	19.18%	44.40%	27.25%	-30.54%	2.80%			-1.77%	<-IRR #YR->	10	Stock Price	-16.34%
P/E	29.41	28.46	31.79	35.22	30.26	34.02	26.41	20.90	21.08	24.90	24.73	26.78	40.39	28.26	28.85%			12.47%	<-IRR #YR->	5	Stock Price	79.95%
Trailing P/E	30.35	31.13	37.24	27.49	29.31	28.53	28.44	21.64	18.17	19.92	29.68	35.71	34.08	28.06				0.73%	<-IRR #YR->	10	Price & Dividend
P/E on Run. 5 yr Ave	36.19	35.26	40.17	32.95	27.43	26.80	23.40	20.75	18.96	19.45	23.55	32.96	42.60	29.18				15.13%	<-IRR #YR->	5	Price & Dividend
P/E on Run. 10 yr Ave	56.31	50.30	55.79	43.43	33.49	29.98	24.71	19.66	17.00	16.66	20.40	29.76	39.80	28.18				20.99	P/E Ratio		Historical Median
Median 10, 5 Yrs		D.  per yr	2.50%	2.66%	% Tot Ret	340.66%	17.58%	T P/E	28.49	29.68	P/E:	26.60	24.90						Count	28	Years of data
			-$13.04	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.91
								-$6.06	$0.00	$0.00	$0.00	$0.00	$10.91
			-$13.04	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$11.11
								-$6.06	$0.20	$0.20	$0.20	$0.20	$11.11
High Months	Jan 13	Mar 14	May 14	May 15	Feb 17	Sep 17	Jun 18	Nov 19	Feb 20	Apr 21	Mar 23	Dec 23	Aug 24	May 25
Pre-split 09
Pre-split 11
Pre-split 14	$22.62
Price High	$11.31	$14.94	$15.56	$14.55	$10.48	$8.87	$9.23	$8.70	$6.65	$6.10	$7.58	$10.59	$14.57	$8.51				-6.36%	<-Total Growth	10	Stock Price
Increase	35.77%	32.10%	4.15%	-6.49%	-27.97%	-15.36%	4.06%	-5.74%	-23.56%	-8.27%	24.26%	39.71%	37.58%	-41.59%				-0.66%	<-IRR #YR->	10	Stock Price	-6.36%
P/E	35.34	42.69	37.95	45.47	33.81	34.12	32.96	30.00	26.60	30.50	31.58	33.09	53.96	31.75				10.86%	<-IRR #YR->	5	Stock Price	67.47%
Trailing P/E	36.48	46.69	44.46	35.49	32.75	28.61	35.50	31.07	22.93	24.40	37.90	44.13	45.53	31.52				26.74	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	34.12	37.90	P/E:	33.03	31.58					34.36	P/E Ratio		Historical High
			-$15.56	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$14.57
								-$8.70	$0.00	$0.00	$0.00	$0.00	$14.57
Low Months	Apr 12	Apr 13	Nov 14	Jan 16	Nov 16	Mar 18	Dec 18	Mar 19	May 20	May 21	Aug 22	Jun 23	Mar 24	May 25
Pre-split 09
Pre-split 11
Pre-split 14	$15.02	$9.96
Price Low	$7.51	$4.98	$10.51	$7.99	$8.28	$8.82	$5.56	$3.42	$3.89	$3.86	$4.29	$6.55	$7.24	$6.64				-31.11%	<-Total Growth	10	Stock Price
Increase	37.29%	-33.69%	111.04%	-23.98%	3.63%	6.52%	-36.96%	-38.49%	13.74%	-0.77%	11.14%	52.68%	10.53%	-8.29%				3.81%	<-IRR #YR->	10	Stock Price	-31.11%
P/E	23.47	13.64	26.28	19.98	20.70	22.05	13.90	8.55	19.45	19.30	21.45	32.75	36.20	33.20				5.42%	<-IRR #YR->	5	Stock Price	111.70%
Trailing P/E	33.38	15.56	28.79	19.98	20.70	22.05	13.90	8.55	9.73	19.30	21.45	32.75	36.20	33.20				13.77	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	20.34	$19.30	P/E:	20.34	21.45					3.50	P/E Ratio		Historical Low
			-$4.98	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$7.24
								-$5.56	$0.00	$0.00	$0.00	$0.00	$7.24
Free Cash Flow Mkt Sc									$26.030	$28.010	$21.700	$35.430	$28.500	$30.320	$33.220
Change										7.61%	-22.53%	63.27%	-19.56%	6.39%	9.56%
Free Cash Flow (CMG)				$27.723	$16.046	$20.830	$26.547	$24.851	$26.547	$21.783	$21.701	$35.300	$27.608	$30.3	$33.2			-0.41%	<-Total Growth	9	Free Cash Flow (CMG)
Change					-42.12%	29.81%	27.45%	-6.39%	6.82%	-17.95%	-0.38%	62.67%	-21.79%					-0.38%	<-Median->	9	Change
Free Cash Flow per Share				$0.35	$0.20	$0.26	$0.31	$0.33	$0.30	$0.27	$0.27	$0.44	$0.33					-5.71%	<-Total Growth	9	Free Cash Flow per Share
Free Cash Flow WSJ old				$29.76	$17.33	$25.86	$22.64	$19.54	$16.031	$28.012	$25.171	$35.300
Change					-41.76%	49.20%	-12.43%	-13.71%	-17.96%	74.74%	-10.14%	40.24%
Free Cash Flow WSJ	$26.06	$32.02	$38.97	$22.98	$18.56	$20.84	$24.24	$27.78	$25.890	$23.140	$23.310	$37.610	$30.360	$30.3	$33.2			-22.09%	<-Total Growth	10	Free Cash Flow	MS, WSJ
Change	-9.14%	22.87%	21.71%	-41.03%	-19.23%	12.28%	16.31%	14.60%	-6.80%	-10.62%	0.73%	61.35%	-19.28%	-0.13%	9.56%			1.79%	<-IRR #YR->	5	Free Cash Flow MS	9.29%
FCF/CF from Op Ratio	0.93	0.97	0.96	0.73	0.64	0.68	0.73	1.35	0.98	0.81	0.90	1.04	1.01	0.89	0.95			-2.47%	<-IRR #YR->	10	Free Cash Flow MS	-22.09%
Dividends paid	$27.91	$30.30	$31.46	$31.51	$31.70	$32.04	$32.09	$32.10	$16.06	$16.06	$16.10	$16.21	$16.21	$16.28	$16.28			-48.49%	<-Total Growth	10	Dividends paid
Percentage paid				137.14%	170.78%	153.75%	132.38%	115.54%	62.01%	69.38%	69.06%	43.09%	53.38%	53.69%	49.00%			$0.92	<-Median->	10	Percentage paid
5 Year Coverage								139.37%	122.73%	105.29%	90.38%	70.07%	57.46%	55.86%	52.36%						5 Year Coverage
Dividend Coverage Ratio				0.73	0.59	0.65	0.76	0.87	1.61	1.44	1.45	2.32	1.87	1.86	2.04			1.15	<-Median->	10	Dividend Coverage Ratio
5 Year of Coverage								0.72	0.81	0.95	1.11	1.43	1.74	1.79	1.91						5 Year of Coverage
								-$28	$0	$0	$0	$0	$30
			-$39	$0	$0	$0	$0	$0	$0	$0	$0	$0	$30
Market Cap from my purchase	$804.14	$1,143.4	$985.8	$1,012.0	$822.6	$734.0	$493.4	$307.4	$461.6	$430.3	$585.4	$893.7	$656.0	$581.1	$581.1	$732.5		322.78%	When I bought	17	Market Cap
Market Cap	$804.14	$1,143.4	$985.8	$1,012.0	$822.6	$734.0	$493.4	$307.4	$461.6	$430.3	$585.4	$893.7	$656.0	$581.1	$581.1	$732.5		-33.45%	<-Total Growth	10	Market Cap
Pre-split 14	38.786
Diluted # of Shares in Million	77.572	79.397	79.720	79.365	79.288	80.075	80.293	80.439	80.479	80.609	81.099	83.111	83.345	83.345	83.345			4.55%	<-Total Growth	10	Diluted
Change	2.34%	2.35%	0.41%	-0.45%	-0.10%	0.99%	0.27%	0.18%	0.05%	0.16%	0.61%	2.48%	0.28%	0.00%	0.00%			0.23%	<-Median->	10	Change
Difference Diluted/Basic	-2.9%	-2.3%	-1.4%	-0.8%	-0.1%	0.0%	-0.1%	-0.2%	-0.3%	-0.4%	-0.8%	-2.6%	-1.0%	-1.0%	-1.0%			-0.31%	<-Median->	10	Difference Diluted/Basic
Pre-split 14	37.643	38.773
Basic # of Shares in Millions	75.286	77.546	78.581	78.751	79.171	80.046	80.222	80.240	80.272	80.316	80.464	80.975	82.546	82.546	82.546			5.05%	<-Total Growth	10	Basic
Change	2.10%	3.00%	1.33%	0.22%	0.53%	1.11%	0.22%	0.02%	0.04%	0.05%	0.18%	0.64%	1.94%	0.00%	0.00%			0.22%	<-Median->	10	Change
Difference Basic/Outstanding	1.3%	1.1%	-0.1%	0.1%	0.4%	0.2%	0.0%	0.0%	0.0%	0.0%	0.2%	0.5%	-1.4%	-1.4%	-1.4%			0.05%	<-Median->	10	Difference Basic/Outstanding
Buy Backs			0.808	0.589	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000								Buy Backs
Percentage decrease			1.03%	0.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%								Percentage decrease
Pre-split 09
Pre-split 11
Pre-split 14	38.129	39.210
# of Share in Millions	76.258	78.420	78.487	78.819	79.482	80.215	80.227	80.249	80.286	80.286	80.637	81.392	81.392	81.392	81.392	81.392		0.36%	<-IRR #YR->	10	Shares	3.70%
Change	2.20%	2.84%	0.09%	0.42%	0.84%	0.92%	0.01%	0.03%	0.05%	0.00%	0.44%	0.94%	0.00%	0.00%	0.00%	0.00%		0.28%	<-IRR #YR->	5	Shares	1.42%
CF fr Op $M	$28.1	$32.9	$40.7	$31.7	$28.8	$30.5	$33.2	$20.5	$26.4	$28.7	$25.9	$36.1	$29.9	$34.2	$35.0			-26.53%	<-Total Growth	10	Cash Flow
Increase	-7.00%	17.05%	23.91%	-22.23%	-8.91%	5.84%	8.77%	-38.18%	28.73%	8.65%	-9.88%	39.41%	-17.07%	14.26%	2.38%			SO	Buy Backs
5 year Running Average	$23.3	$25.6	$31.9	$32.7	$32.4	$32.9	$33.0	$29.0	$27.9	$27.9	$27.0	$27.5	$29.4	$31.0	$32.2			-7.74%	<-Total Growth	10	CF 5 Yr Running
CFPS	$0.37	$0.42	$0.52	$0.40	$0.36	$0.38	$0.41	$0.26	$0.33	$0.36	$0.32	$0.44	$0.37	$0.42	$0.43			-29.15%	<-Total Growth	10	Cash Flow per Share
Increase	-9.00%	13.82%	23.81%	-22.56%	-9.67%	4.87%	8.76%	-38.19%	28.67%	8.65%	-10.27%	38.11%	-17.07%	14.26%	2.38%			-3.04%	<-IRR #YR->	10	Cash Flow	-26.53%
5 year Running Average	$0.32	$0.34	$0.42	$0.42	$0.41	$0.42	$0.42	$0.36	$0.35	$0.35	$0.34	$0.34	$0.36	$0.38	$0.40			7.82%	<-IRR #YR->	5	Cash Flow	45.72%
P/CF on Med Price	25.56	23.77	25.13	28.05	25.85	23.24	17.87	23.69	16.01	13.92	18.49	19.33	29.67	18.04	0.61			-3.39%	<-IRR #YR->	10	Cash Flow per Share	-29.15%
P/CF on Closing Price	28.64	34.79	24.21	31.96	28.52	24.04	14.86	14.97	17.47	14.99	22.62	24.77	21.93	17.00	16.60			7.52%	<-IRR #YR->	5	Cash Flow per Share	43.68%
															-23.68%	Diff M/C		1.68%	<-IRR #YR->	10	CFPS 5 yr Running	-12.91%
Excl.Working Capital CF	$10.59	$10.39	$9.44	$7.72	$8.03	$2.92	$9.82	$8.24	-$0.15	-$4.87	-$0.52	$2.18	$1.86	$0.00	$0.00			4.61%	<-IRR #YR->	5	CFPS 5 yr Running	0.20%
CF fr Op $M WC CK
CF fr Op $M WC	$38.7	$43.2	$50.2	$39.4	$36.9	$33.4	$43.0	$28.8	$26.3	$23.8	$25.4	$38.3	$31.8	$34.2	$35.0			-36.64%	<-Total Growth	10	Cash Flow less WC
Increase	9.33%	11.86%	15.98%	-21.48%	-6.36%	-9.30%	28.65%	-33.15%	-8.63%	-9.29%	6.35%	50.87%	-16.93%	7.57%	2.38%			-4.46%	<-IRR #YR->	10	Cash Flow less WC	-36.64%
5 year Running Average	$25.8	$30.8	$37.5	$41.4	$41.7	$40.6	$40.6	$36.3	$33.7	$31.1	$29.5	$28.5	$29.1	$30.7	$32.9			2.01%	<-IRR #YR->	5	Cash Flow less WC	10.48%
CFPS Excl. WC	$0.51	$0.55	$0.64	$0.50	$0.46	$0.42	$0.54	$0.36	$0.33	$0.30	$0.31	$0.47	$0.39	$0.42	$0.43			-2.50%	<-IRR #YR->	10	CF less WC 5 Yr Run	-22.35%
Increase	-9.00%	13.82%	23.81%	-22.56%	-9.67%	4.87%	8.76%	-38.19%	28.67%	8.65%	-10.27%	38.11%	-17.07%	14.26%	2.38%			-4.32%	<-IRR #YR->	5	CF less WC 5 Yr Run	-19.83%
5 year Running Average	$0.35	$0.41	$0.49	$0.53	$0.53	$0.51	$0.51	$0.46	$0.42	$0.39	$0.37	$0.35	$0.36	$0.38	$0.40			-4.81%	<-IRR #YR->	10	CFPS - Less WC	-38.90%
P/CF on Med Price	18.56	18.06	20.40	22.56	20.22	21.21	13.79	16.91	16.10	16.77	18.87	18.23	27.93	18.04	0.61			1.73%	<-IRR #YR->	5	CFPS - Less WC	8.93%
P/CF on Closing Price	20.80	26.44	19.65	25.70	22.31	21.94	11.47	10.68	17.56	18.05	23.09	23.36	20.64	17.00	16.60			-3.02%	<-IRR #YR->	10	CFPS 5 yr Running	-26.42%
*Operational Cash Flow per share			CF/-WC	P/CF Med	10 yr	22.27	5 yr	21.93	P/CF Med	10 yr	18.55	5 yr	18.23		-8.37%	Diff M/C		-4.59%	<-IRR #YR->	5	CFPS 5 yr Running	-20.93%
			-78.5	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	81.4								Shares
								-80.2	0.0	0.0	0.0	0.0	81.4								Shares
			-$40.7	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$29.9								Cash Flow
								-$20.5	$0.0	$0.0	$0.0	$0.0	$29.9								Cash Flow
			-$0.52	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.37								Cash Flow per Share
								-$0.26	$0.00	$0.00	$0.00	$0.00	$0.37								Cash Flow per Share
			-$25.13	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$29.67								CFPS 5 yr Running
								-$23.69	$0.00	$0.00	$0.00	$0.00	$29.67								CFPS 5 yr Running
			-$50.2	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$31.8								Cash Flow less WC
								-$28.8	$0.0	$0.0	$0.0	$0.0	$31.8								Cash Flow less WC
			-$37.5	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$29.1								CF less WC 5 Yr Run
								-$36.3	$0.0	$0.0	$0.0	$0.0	$29.1								CF less WC 5 Yr Run
			-$0.64	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.39								CFPS - Less WC
								-$0.36	$0.00	$0.00	$0.00	$0.00	$0.39								CFPS - Less WC
			-$0.49	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.36								CFPS 5 yr Running
								-$0.46	$0.00	$0.00	$0.00	$0.00	$0.36								CFPS 5 yr Running
Chges in non-cash WC
Trade and other receivables	-$3.64	-$4.88	-$3.07	$5.98	-$4.23	$9.03	-$2.95	-$7.06	$3.04	$5.732	-$6.403	-$6.697	-$0.527
Trade payables and accrued liabilities	$0.69	-$0.10	$1.81	-$0.23	-$1.59	$0.04	-$0.06	$0.09	-$0.36	$0.107	$2.315	$2.618	-$0.818
Prepaid expenses	-$0.02	$0.06	-$0.12	$0.05	-$0.01	-$0.18	$0.08	$0.32	$0.09	$0.028	-$0.268	-$1.183	-$0.169
Income Tax Payable								-$0.40	$0.75	-$0.987	$0.535	-$1.826	$2.421
Deferred revenue	$3.60	$4.24	$3.13	$0.97	$4.60	-$3.87	$1.34	-$1.18	-$3.38	-$0.007	$4.343	$4.910	-$2.770
Interest Received	$0.54	$0.64	$0.71	$0.56	$0.57	$0.91	$1.22
Interest Paid	-$11.76	-$10.35	-$11.90	-$15.05	-$7.38	-$8.84	-$9.45
Total	-$10.59	-$10.39	-$9.44	-$7.72	-$8.03	-$2.92	-$9.82	-$8.24	$0.15	$4.87	$0.52	-$2.18	-$1.86
Google --> TD 2018		-$10.39	-$9.44	-$7.72	-$8.03	-$3	-$10	-$8	$0	$5	$1	-$2	-$2
Difference		$0.00	$0.00	$0.00	$0.00	$0	$0	$0	$0	$0	$0	$0	$0
Google --> TD 2018			-$9.00	-$8.00	-$8.00	-$3
Difference			$0	$0	$0	$0
OPM	40.91%	44.11%	47.98%	39.19%	38.41%	40.88%	44.36%	27.09%	39.23%	43.37%	35.04%	33.20%	23.11%	26.67%				-51.83%	<-Total Growth	10	OPM
Increase	-17.28%	7.81%	8.79%	-18.32%	-1.99%	6.43%	8.51%	-38.94%	44.82%	10.56%	-19.21%	-5.28%	-30.38%	15.38%					Should increase		or be stable.
Diff from Ave	5.4%	13.7%	23.7%	1.0%	-1.0%	5.4%	14.3%	-30.2%	1.1%	11.8%	-9.7%	-14.4%	-40.4%	-31.3%				0.00	<-Median->	10	OPM
*Operational Profit Margin (CF/Revenue) Ratio									OPM	10 Yrs	38.80%	5 Yrs	35.04%					should be	zero, it is a		check on calculations
														$43	<-12 mths	-2.12%
Adjusted EBITDA (from EBITDA)	$35.83	$38.37	$43.10	$37.42	$24.41	$30.03	$31.51	$36.11	$29.38	$29.45	$33.23	$43.16	$44.01	$43.13	$46.09			2.11%	<-Total Growth	10	Adjusted EBITDA
Change	9.13%	7.10%	12.32%	-13.18%	-34.75%	22.99%	4.93%	14.61%	-18.63%	0.22%	12.84%	29.88%	1.97%	-2.00%	6.86%			3.45%	<-Median->	10	Change
Margin	52.21%	51.51%	50.79%	46.31%	32.51%	40.21%	42.09%	47.65%	43.62%	44.48%	45.00%	39.71%	34.00%	33.64%	34.68%			42.85%	<-Median->	10	Margin
																						Type
Long Term Debt (Lease Liab.)		Yes -> 0	$0.00	$0.00	$0.00	$0.00	$0.00	$3.16	$4.10	$4.85	$5.42	$5.32	$6.23	$6.23							Debt	Lg Term R
Change				0.00%	0.00%	0.00%	0.00%	0.00%	29.61%	18.35%	11.73%	-1.75%	16.95%	0.00%				0.00%	<-Median->	10	Change	Intang/GW
Debt/Market Cap Ratio			0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01				0.01	<-Median->	10	Debt/Market Cap Ratio	Liquidity
Assets/Current Liabilities Ratio		2.73	2.49	2.42	2.33	2.45	2.06	2.92	3.21	3.22	2.95	2.69	3.01	3.01				2.80	<-Median->	10	Assets/Current Liabilities	Liq. + CF
Debt to Cash Flow (Years)			0.00	0.00	0.00	0.00	0.00	0.15	0.16	0.17	0.21	0.15	0.21	0.18				0.15	<-Median->	10	Debt to Cash Flow (Years)	Debt Ratio
																						Leverage
Intangibles											$1.32	$23.64	$59.96	$59.96							Intangibles	D/E Ratio
Goodwill												$3.75	$15.81	$15.81							Goodwill
Total	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.32	$27.38	$75.77	$75.77							Total
Change		0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1972.90%	176.70%	0.00%				0.00%	<-Median->	10	Change
Intangible/Market Cap Ratio	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.12	0.13				0.00	<-Median->	10	Intangible/Market Cap Ratio
Current Assets	$83.421	$100.268	$103.738	$98.168	$89.852	$81.406	$75.209	$68.466	$73.135	$78.918	$92.264	$105.937	$89.916	$89.916				Liq ratio of 1.5 and up, best			Assets
Current Liabilities	$31.632	$36.765	$42.831	$41.956	$45.824	$40.036	$43.875	$41.435	$38.182	$38.912	$46.542	$64.164	$68.035	$68.035				1.94	<-Median->	10	Liabilities
Liquidity	2.64	2.73	2.42	2.34	1.96	2.03	1.71	1.65	1.92	2.03	1.98	1.65	1.32	1.32				1.92	<-Median->	5	Ratio
Liq. with CF aft div	2.88	2.99	2.78	2.49	2.05	2.06	1.91	1.59	2.18	2.27	2.18	1.97	1.54	1.58				2.18	<-Median->	5	Ratio
Liq. CF re  Inv+Div	2.70	2.92	2.67	2.38	1.64	1.85	1.87	1.56	2.16	2.23	2.09	1.45	0.99	1.58				2.09	<-Median->	5	Ratio
Assets	$83.421	$100.268	$106.456	$101.413	$106.725	$97.990	$90.305	$120.866	$122.491	$125.148	$137.128	$172.373	$204.756	$204.756				Debt Ratio of 1.5 and up, best			Assets
Liabilities	$32.011	$37.100	$43.000	$42.155	$48.007	$42.426	$43.050	$82.497	$79.069	$78.430	$84.678	$104.558	$118.849	$118.849				1.69	<-Median->	10	Liabilities
Debt Ratio	2.61	2.70	2.48	2.41	2.22	2.31	2.10	1.47	1.55	1.60	1.62	1.65	1.72	1.72				1.62	<-Median->	5	Ratio
Book Value	$51.410	$63.168	$63.456	$59.258	$58.718	$55.564	$47.255	$38.369	$43.422	$46.718	$52.450	$67.815	$85.907	$85.907	$85.907	$85.907		35.38%	<-Total Growth	10	Book Value
Book Value per share	$0.67	$0.81	$0.81	$0.75	$0.74	$0.69	$0.59	$0.48	$0.54	$0.58	$0.65	$0.83	$1.06	$1.06	$1.06	$1.06		30.55%	<-Total Growth	10	Book Value per Share
Change	9.16%	19.48%	0.37%	-7.01%	-1.74%	-6.24%	-14.97%	-18.83%	13.12%	7.59%	11.78%	28.10%	26.68%	0.00%	0.00%	0.00%		-40.88%	Current/10 Yr Med		Book Value per Share
P/B Ratio (Median)	13.96	12.36	16.12	14.99	12.70	12.77	12.55	12.67	9.74	8.56	9.12	10.29	10.33	7.18	0.25	0.00		8.84	P/BV Ratio		Historical Median
P/B Ratio (Close)	15.64	18.10	15.54	17.08	14.01	13.21	10.44	8.01	10.63	9.21	11.16	13.18	7.64	6.76	6.76	8.53		2.70%	<-IRR #YR->	10	Book Value per Share	30.55%
Change	21.51%	15.72%	-14.17%	9.93%	-17.97%	-5.71%	-20.96%	-23.28%	32.72%	-13.36%	21.17%	18.07%	-42.05%	-11.41%	0.00%	26.05%		17.16%	<-IRR #YR->	5	Book Value per Share	120.75%
Leverage (A/BK)	1.62	1.59	1.68	1.71	1.82	1.76	1.91	3.15	2.82	2.68	2.61	2.54	2.38	2.38				2.46	<-Median->	10	A/BV
Debt/Equity Ratio	0.62	0.59	0.68	0.71	0.82	0.76	0.91	2.15	1.82	1.68	1.61	1.54	1.38	1.38				1.46	<-Median->	10	Debt/Eq Ratio
Shareholders' Equity (Assets less liabilities)									P/BV	10 yr Med	11.44	5 yr Med	9.74		-40.88%	Diff M/C		1.69	Historical	28	A/BV
			-$0.81	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.06
								-$0.48	$0.00	$0.00	$0.00	$0.00	$1.06
Comprehensive Income	$24.82	$27.63	$32.65	$25.30	$24.27	$20.81	$22.14	$23.49	$20.19	$18.41	$19.80	$25.89	$27.13					-16.90%	<-Total Growth	10	Comprehensive Income
Increase	6.12%	11.31%	18.16%	-22.50%	-4.08%	-14.27%	6.39%	6.10%	-14.03%	-8.84%	7.56%	30.79%	4.78%					4.78%	<-Median->	5	Comprehensive Income
5 Yr Running Average	$19.29	$21.49	$25.13	$26.76	$26.93	$26.13	$25.03	$23.20	$22.18	$21.00	$20.80	$21.55	$22.28					-1.83%	<-IRR #YR->	10	Comprehensive Income	-16.90%
ROE	48.3%	43.7%	51.4%	42.7%	41.3%	37.4%	46.8%	61.2%	46.5%	39.4%	37.7%	38.2%	31.6%					2.93%	<-IRR #YR->	5	Comprehensive Income	15.52%
5Yr Median	48.3%	48.0%	48.3%	48.3%	43.7%	42.7%	42.7%	42.7%	46.5%	46.5%	46.5%	39.4%	38.2%					-1.20%	<-IRR #YR->	10	5 Yr Running Average	-11.33%
% Difference from NI	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-1.4%	20.9%					-0.80%	<-IRR #YR->	5	5 Yr Running Average	-3.95%
Median Values										Diff	5, 10 yr	0.0%	0.0%					38.2%	<-Median->	5	Return on Equity
			-$32.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$27.1
								-$23.5	$0.0	$0.0	$0.0	$0.0	$27.1
			-$25.1	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$22.3
								-$23.2	$0.0	$0.0	$0.0	$0.0	$22.3
Current Liability Coverage Ratio	1.22	1.18	1.17	0.94	0.80	0.84	0.98	0.69	0.69	0.61	0.54	0.60	0.47	0.50					CFO less WC		CFO / Current Liabilities
5 year Median	0.90	1.18	1.18	1.18	1.17	0.94	0.94	0.84	0.80	0.69	0.69	0.61	0.60	0.54				0.60	<-Median->	5	Current Liability Cov Ratio
Current Liability Coverage Ratio	0.89	0.89	0.95	0.75	0.63	0.76	0.76	0.50	0.69	0.74	0.56	0.56	0.44	0.50							CFO / Current Liabilities
5 year Median	1.06	0.89	0.95	0.89	0.89	0.76	0.76	0.75	0.69	0.74	0.69	0.56	0.56	0.56				0.56	<-Median->	5	Current Liability Cov Ratio
Asset Efficiency Ratio	33.65%	32.77%	38.25%	31.22%	27.03%	31.16%	36.77%	16.99%	21.58%	22.94%	18.87%	20.93%	14.61%	16.70%							CFO / Total Assets
5 year Median	40.30%	33.65%	38.25%	33.65%	32.77%	31.22%	31.22%	31.16%	27.03%	22.94%	21.58%	20.93%	20.93%	18.87%				20.9%	<-Median->	5	Return on Assets
Return on Assets ROA	29.76%	27.56%	30.67%	24.95%	22.74%	21.23%	24.51%	19.43%	16.48%	14.71%	14.44%	15.23%	10.96%	11.28%				Net	Income/Assets		Return on Assets
5Yr Median	29.76%	29.25%	29.76%	29.76%	27.56%	24.95%	24.51%	22.74%	21.23%	19.43%	16.48%	15.23%	14.71%	14.44%				18.0%	<-Median->	10	Asset Efficiency Ratio
Return on Equity ROE	48.28%	43.74%	51.45%	42.70%	41.33%	37.45%	46.84%	61.21%	46.50%	39.40%	37.74%	38.72%	26.12%	26.88%				Net Inc/	Shareholders' equity		Return on Equity
5Yr Median	48.28%	47.99%	48.28%	48.28%	43.74%	42.70%	42.70%	42.70%	46.50%	46.50%	46.50%	39.40%	38.72%	37.74%				40.4%	<-Median->	10	Return on Equity
														$23	<-12 mths	2.74%			Estimates		Last 12 months from Qtr
Net Income	$24.82	$27.63	$32.65	$25.30	$24.27	$20.81	$22.14	$23.49	$20.19	$18.41	$19.80	$26.26	$22.44	$23.1	$24.9			-31.28%	<-Total Growth	10	Net Income
Increase	6.12%	11.31%	18.16%	-22.50%	-4.08%	-14.27%	6.39%	6.10%	-14.03%	-8.84%	7.56%	32.64%	-14.56%	2.91%	7.93%			EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average	$19.29	$21.49	$25.13	$26.76	$26.93	$26.13	$25.03	$23.20	$22.18	$21.00	$20.80	$21.63	$21.42	$22.00	$23.30			-3.68%	<-IRR #YR->	10	Net Income	-31.28%
Operating Cash Flow	$28.07	$32.86	$40.72	$31.67	$28.85	$30.53	$33.21	$20.53	$26.43	$28.72	$25.88	$36.08	$29.92					-0.91%	<-IRR #YR->	5	Net Income	-4.46%
Investment Cash Flow	-$2.01	-$0.84	-$1.75	-$1.91	-$11.51	-$4.67	-$0.74	-$0.99	-$0.40	-$0.70	-$2.05	-$23.46	-$37.96					-1.59%	<-IRR #YR->	10	5 Yr Running Ave.	-14.78%
Total Accruals	-$1.24	-$4.39	-$6.32	-$4.45	$6.94	-$5.05	-$10.33	$3.95	-$5.84	-$9.61	-$4.03	$13.65	$30.48					-1.59%	<-IRR #YR->	5	5 Yr Running Ave.	-7.68%
Total Assets	$83.42	$100.27	$106.46	$101.41	$106.73	$97.99	$90.31	$120.87	$122.49	$125.15	$137.13	$172.37	$204.76						Balance Sheet		Assets
Accruals Ratio	-1.48%	-4.38%	-5.94%	-4.39%	6.50%	-5.15%	-11.44%	3.26%	-4.77%	-7.68%	-2.94%	7.92%	14.89%					-2.94%	<-Median->	5	Ratio
EPS/CF Ratio	0.63	0.63	0.64	0.64	0.67	0.62	0.52	0.81	0.76	0.67	0.76	0.68	0.69					0.68	<-Median->	10	EPS/CF Ratio
			-$32.65	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$22.44
								-$23.49	$0.00	$0.00	$0.00	$0.00	$22.44
			-$25.13	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$21.42
								-$23.20	$0.00	$0.00	$0.00	$0.00	$21.42
Change in Close	32.64%	38.26%	-13.85%	2.23%	-19.39%	-11.59%	-32.79%	-37.72%	50.13%	-6.78%	35.45%	51.24%	-26.59%	-11.41%	0.00%	26.05%			Count	29	Years of data
up/down	up			up		Down	up	up			Down		Down	Down					Count	17	58.62%
Meet Prediction?	yes			Yes		Yes							Yes					% right	Count	10	58.82%
Financial Cash Flow	-$22.01	-$19.03	-$36.04	-$32.42	-$26.77	-$25.38	-$32.07	$33.33	-$17.47	-$17.42	-$16.64	-$16.38	-$13.67						C F Statement		Financial CF
Total Accruals	$20.78	$14.64	$29.72	$27.96	$33.71	$20.33	$21.74	-$29.38	$11.63	$7.81	$12.61	$30.03	$44.15								Accruals
Accruals Ratio	24.91%	14.60%	27.91%	27.57%	31.59%	20.74%	24.08%	-24.31%	9.49%	6.24%	9.19%	17.42%	21.56%					9.49%	<-Median->	5	Ratio
Cash	$59.42	$72.41	$76.34	$72.68	$72.68	$63.72	$54.29	$54.29	$49.07	$49.07	$66.85	$63.08	$43.88	$43.88							Cash
Cash Per share	$0.78	$0.92	$0.97	$0.92	$0.91	$0.79	$0.68	$0.68	$0.61	$0.61	$0.83	$0.78	$0.54	$0.54				$0.61	<-Median->	5	Cash per Share
Percentage of Stock Price	7.39%	6.33%	7.74%	7.18%	8.83%	8.68%	11.00%	17.66%	10.63%	11.40%	11.42%	7.06%	6.69%	7.55%				10.63%	<-Median->	5	% of Stock Price
http://www.cantechletter.com/2015/02/computer-modelling-group-buy-despite-low-oil-prices-says-industrial-alliance/
Notes:
June 15, 2025.  Last estimates were for 2025, 2026, 2027 of $133.5M, $146.8M, $164M Revenue, $0.36, $0.42 and $0.45 EPS,
$35.6M, $43.9M 2025/6 FCF, $0.40 2026 CFPS, $30M, 34.9M 2028/6 Net Income.
June 16, 2024.  Last estimates were for 2024 and 2025 of $78.8M, $83.2M Revenue, $0.29, $0.32 EPS, $24.7M, $27.2M FCF, $0.40 2024 CFPS, $23.9M, $26.2M for Net Income.
June 17, 2023.  Last estimates were for 2023 and 2024 $70.8M, $73.3M for Revenue, $0.27, $0.28 for EPS, $0.20 and $0.20 for dividends,
$21.3M for FCF for 2023, $0.40 for CFPS for 2023 and $22.8M, $22.5M for Net Income.
June 19, 2022.  Last estimates were for 2022 and 2023 of $66.1M, 68.5M for Revenue, $0.23 and $0.25 for EPS, $0.20, $0.20 for Dividends,
$20.4M and $21.3M for FCF, $0.37 for CFPS for 2022 and $19.6M, $20.3M for Net Income.
June 20, 2021.  Last estimates were for 2021 and 2022 of $68.4M and $69.5M for Revenue, $0.24 and $0.23 for EPS, $0.20 and $0.20 for Dividends, $27.6M and $27.8M for FCF,
$0.33 for CFPS for 2021 and $21.5M and 24.0M for Net Income.
June 21, 2020.  Last estimates were for 2020 and 2021 of $74.2 and $76.5 for Revenue, $0.26 and $0.28 for EPS, $0.31 for CFPS for 2020 and $22.2M and $22.1M for Net Income.
June 22, 2019.  Last estimates were for 2019 and 2020 of $78.3M and $82.9M for Revenue, $0.29 and $0.53 for EPS, $0.31 for CFPS for 2019 and $24.1M for Net Income for 2019.
June 18, 2018.  Last estimates were for 2018 and 2019 of $75.2M, and $81.2M for Revenue, $0.30 and $0.32 for EPS, $0.39 for CFPS for 2018 and $24.6M and $25.3M for Net Income.
June 17, 2017.  Last estimates were for 2017 and 2018 of $78.5M and $86.2M for Revenue, $0.39 and $0.40 for EPS, $0.39 for CFPS for 2017 and $27.7M and $30.6M for Net Income.
June 17, 2016.  Last estimates were for 2016, 2017 and 2018 of $88.2M, $97.8M and $116M for Revenue, $0.41, $0.46 and $0.51 for EPS,
$0.44 for CFPS for 2016 and $32.7M, $36.8M and $40.6M for Net Income.
June 28, 2015.  Last estimates were for 2015, 2016 and 2017 of $86.2M, $93.1M and $108M for Revenue, $0.41, $0.45 and $0.49 for EPS,
$$0.47 and $0.44 for CFPS for 2015 and 2016 and $32.8M, $35.5M and $39.8M for Net Income.
July 12, 2014.  Last estimates for for 2014 and  2015 of $79.81M and $93.22M for Revenue, $0.76 and $0.90 for EPS, $0.82 and $0.96 for CFPS.
June 7, 2013.  Last estimates were for 2013 and 2014 of $69.55M and f$76.76M for Revenue, $0.69 and $0.77 for EPS.
Jun 8, 2012.  Last estimates I got were for 2012 and 2013 of $55.1M and $59.53M for revenue, $.54 and $.60 for EPS (after split).
Jun 18, 2011.  Last I looked I got estimates for 2011 and 2012 of $.92 and $1.05.  They have no debt and are paying almost all of their cash flow in dividends.
July 2010. When I last reviewed this stock in June 2009, I picked up 2010 and 2011 earnings of $.91 and $1.00.
Dividends started in 2004. Company stated Oct 1996, issued shares on 1 Apr 1997.
Sector:
Technology Stock
What should this stock accomplish?
Would I buy this company and Why.
This is a dividend growth stock.  I will certainly buy again.
Why am I following this stock.
I am following this stock because I think it is a great dividend growth tech stock which I bought.
Why I bought this stock.
When selling SNC in July 2008, I was looking for something to buy.  This company is a dividend paying growth stock that would also be considered to be a small cap with a capitalization at that time of around $115 million.
At that time Insiders were buying this stock.  It has great growth and it is information technology a favourite sector of mine.
When I sold some of my TD Bank stock in June 2009, I bought some more.
I bought this company in 2008 because it is a dividend paying growth stock that would also be considered to be a small cap with a capitalization of around $115 million.  Insiders are currently buying this stock.
It has great growth and it is information technology a favourite sector of mine.  When I sold some of my TD Bank stock in June 2009, I bought some more.  Because the stock grew rapidly and because it is a tech stock,
I sold some shares in 2011 to lock in profit.
Dividends
Dividends are paid quarterly in Cycle 3, which is June, September,  December and March,.  Dividends are paid mid-month.  Dividends are announced for shareholders of record of one month that paid in that month.
For example, the dividend declared on February 11, 2014 for shareholders of record of March 7, 2014 is payable on March 20, 2014.
How they make their money.
Computer Modelling Group Ltd is a software and consulting technology company engaged in developing and licensing reservoir simulation and seismic interpretation software.
The company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The firm has operations in the
Americas, Europe, Middle East, Africa, and Asia-Pacific regions.
2012.  Some insiders own a lot in this company in dollars terms. They seem to be triming their exporsure to the company.
Insiders are given substantial amounts of options as part of their pay.
http://www.cantechletter.com/2014/02/canadian-tech-employees-generate-profit-company/
Talks about quarterly Profit per Employee: $32,057
http://www.cantechletter.com/2014/05/computer-modeling-group-good-pricey-says-industrial-alliance/
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
Shares; '%, Value $M	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M			Shares	%, Val $M			Change
Date	2017	Jun 18	2018	Jun 22	2019	Jun 21	2020	Jun 20	2021	Jun 19	2022	Jun 17	2023	Jun 16	2024			Jun 26	2025
Jain, Pramod										0.000	0.00%	0.010	0.01%	0.027	0.03%			0.129	0.16%			374.00%
CEO - Shares - Amount											$0.000		$0.115		$0.220				$0.922
Options - percentage										1.800	2.23%	1.956	2.40%	2.108	2.59%			2.157	2.65%			2.33%
Options - amount											$13.068		$21.480		$16.989				$15.400
Schneider, Ryan Nicolas				0.105	0.13%	0.112	0.14%	0.124	0.15%												Ceased insider May 2022
CEO - Shares - Amount					$0.402		$0.643		$0.666
Options - percentage				0.242	0.30%	0.382	0.48%	0.485	0.60%
Options - amount					$0.927		$2.198		$2.598
Balic, Sandra	0.06%	0.054	0.07%	0.061	0.08%	0.063	0.08%	0.065	0.08%	0.068	0.08%	0.071	0.09%	0.052	0.06%			0.116	0.14%			124.21%
CFO - Shares - Amount	$0.412		$0.330		$0.234		$0.360		$0.349		$0.492		$0.778		$0.417				$0.828
Options - percentage	0.22%	0.206	0.26%	0.153	0.19%	0.196	0.24%	0.237	0.30%	0.300	0.37%	0.413	0.51%	0.368	0.45%			0.222	0.27%			-39.72%
Options - amount	$1.610		$1.265		$0.586		$1.125		$1.270		$2.178		$4.532		$2.967				$1.584
Kumar, Anjani										0.069	0.09%	0.072	0.09%	0.070	0.09%			0.104	0.13%			49.70%
CFO - Shares - Amount											$0.503		$0.794		$0.562				$0.745
Options - percentage										0.300	0.37%	0.399	0.49%	0.338	0.42%			0.290	0.36%			-14.24%
Options - amount											$2.178		$4.376		$2.728				$2.072
Erdle, James Craig				0.064	0.08%	0.064	0.08%	0.064	0.08%	0.064	0.08%										Ceased Insider Aug 2022
Officer - Shares - Amount					$0.246		$0.369		$0.344		$0.465
Options - percentage				0.215	0.27%	0.227	0.28%	0.272	0.34%	0.337	0.42%
Options - amount					$0.824		$1.308		$1.459		$2.446
Nghiem, Long												0.726	0.89%	0.570	0.70%						ceased insider Mar 25
Officer - Shares - Amount													$7.977		$4.594
Options - percentage												0.407	0.50%	0.358	0.44%
Options - amount													$4.473		$2.889
Mortimer, John Andrew												0.007	0.01%	0.007	0.01%						Ceased insider Jan 2025
Officer - Shares - Amount													$0.077		$0.056
Options - percentage												0.300	0.37%	0.376	0.46%
Options - amount													$3.294		$3.031
Hicks, Robert David								0.327	0.41%	0.327	0.41%	0.327	0.40%	0.071	0.09%						Last updated Mar 2024
Officer - Shares - Amount									$1.753		$2.374		$3.590		$0.572						Included because he owns
Options - percentage								0.272	0.34%	0.337	0.42%	0.442	0.54%	0.174	0.21%						a lot of shares.
Options - amount									$1.459		$2.446		$4.856		$1.403						Ceased insider Aug 2024
Billowits, John Edward										0.099	0.12%	0.099	0.12%	0.099	0.12%			0.099	0.12%		Last updated Jul 24	0.00%
Director - Shares - Amount											$0.719		$1.088		$0.799				$0.708		Included because he owns
Options - percentage										0.039	0.05%	0.049	0.06%	0.056	0.07%			0.056	0.07%		shares and is new	0.16%
Options - amount											$0.283		$0.542		$0.451				$0.400
Dedeluk, Kenneth	2.27%	1.773	2.21%					1.593	1.98%	1.323	1.64%	1.087	1.34%	0.500	0.61%			0.392	0.48%		Last updated June 2022	-21.56%
Director - Shares - Amount	$16.653		$10.905						$8.541		$9.602		$11.937		$4.030				$2.800		Included because he owns
Options - percentage	0.43%	0.399	0.50%					0.148	0.18%	0.131	0.16%	0.097	0.12%	0.103	0.13%			0.033	0.04%		a lot of shares.	-67.82%
Options - amount	$3.175		$2.454						$0.793		$0.951		$1.061		$0.833				$0.237		Used to be CEO 2018
Antony, Tina														0.021	0.03%			0.023	0.03%			6.97%
Director - Shares - Amount															$0.172				$0.163
Options - percentage														0.017	0.02%			0.019	0.02%			14.69%
Options - amount															$0.133				$0.135
Fong, Christopher Lee	0.02%	0.019	0.02%	0.019	0.02%	0.019	0.02%	0.019	0.02%	0.019	0.02%	0.019	0.02%	0.019	0.02%			0.080	0.10%			322.58%
Director - Shares - Amount	$0.174		$0.117		$0.073		$0.109		$0.102		$0.138		$0.209		$0.153				$0.573
Options - percentage	0.08%	0.069	0.09%	0.050	0.06%	0.064	0.08%	0.079	0.10%	0.098	0.12%	0.099	0.12%	0.105	0.13%			0.036	0.04%			-65.84%
Options - amount	$0.604		$0.422		$0.192		$0.370		$0.422		$0.710		$1.082		$0.849				$0.257
Smith, Robert Frederick Morrison	0.10%	0.081	0.10%	0.023	0.03%	0.023	0.03%														Ceased insider July 2020
Director - Shares - Amount	$0.742		$0.499		$0.086		$0.129
Options - percentage	0.07%	0.071	0.09%	0.062	0.08%	0.073	0.09%
Options - amount	$0.526		$0.439		$0.236		$0.421
Miller, Mark Robert								0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%			0.000	0.00%		Listed in annual report	#DIV/0!
Chairman - Shares - Amt									$0.000		$0.000		$0.000		$0.000				$0.000		not Website
Options - percentage								0.045	0.06%	0.074	0.09%	0.092	0.11%	0.103	0.13%			0.107	0.13%			3.42%
Options - amount									$0.242		$0.535		$1.007		$0.834				$0.764
Zaozirny, John Brian		0.105	0.13%	0.105	0.13%	0.105	0.13%	0.105	0.13%												Ceased Insider Feb 2022
Chairman - Shares - Amt			$0.643		$0.400		$0.601		$0.560
Options - percentage		0.087	0.11%	0.065	0.08%	0.091	0.11%	0.116	0.14%
Options - amount			$0.537		$0.248		$0.523		$0.620
Meyer, Frank Lockwood	0.24%
Chairman - Shares - Amt	$1.753
Options - percentage	0.13%
Options - amount	$0.952
CMG Reservoir Simulation Foundation																					last reported Aug 2010
10% holder
Hesperian Capital Management Ltd.																					last reported Aug 2007
10% holder
Increase in O/S Shares	0.83%	0.733	0.91%	0.012	0.01%	0.022	0.03%	0.037	0.05%	0.049	0.06%	0.302	0.37%	0.755	0.93%			1.614	1.98%
due to SO	$6.862		$6.707		$0.074		$0.084		$0.213		$0.263		$2.193		$8.290				$13.009
Book Value	$1.963		$8.081		$0.113		$0.865		$0.918		$0.955		$1.572		$6.292				$2.625
Insider Buying	-$0.052		-$0.137		-$0.883		-$0.242		-$0.040		-$0.083		-$0.162		-$0.404				-$1.739
Insider Selling	$3.951		$1.220		$1.055		$1.085		$0.601		$1.656		$1.572		$13.338				$9.984
Net Insider Selling	$3.899		$1.083		$0.172		$0.843		$0.560		$1.573		$1.409		$12.934				$8.245
% of Market Cap	0.53%		0.22%		0.06%		0.18%		0.13%		0.27%		0.16%		1.97%				1.42%
Directors		7		8		9		9		7		8		9				9
Women	0%	1	14%	1	13%	1	11%	1	11%	1	14%	2	25%	2	22%			3	33%
Minorities	14%	2	29%	2	25%	2	22%	2	22%	2	29%	2	25%	2	22%			2	22%
Institutions/Holdings	55.34%	57	59.18%	57	59.18%	20	82.78%	20	103.90%	20	88.37%	20	39.48%	20	23.13%			20	46.06%
Total Shares Held	55.37%	47.474	59.73%	47.474	59.73%	66.414	82.72%	83.409	103.89%	70.991	88.04%	31.844	39.12%	18.828	23.13%			38.015	46.71%
Increase/Decrease	-1.02%	-0.879	-2.83%	-0.879	-2.83%	-2.644	-8.51%	2.345	7.55%	-10.627	-34.22%	2.498	8.04%	2.949	9.50%			-1.517	-4.89%
Starting No. of Shares	Reuters	48.353	Reuters	48.353	Reuters	69.058	Top 20 MS	81.063	Top 20 MS	81.618	Top 20 MS	29.346	Top 20 MS	15.879	Top 20 MS			39.532	Top 20 MS
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My stock
	$0.32	$0.37	$0.40	$0.40	$0.40	$0.40													Pension
																		11/07/08	-$3,679.99		$2.30	1600
Pre-split 09																		03/06/09	-$11,449.99		$3.58	3200
Pre-split 11																		09/08/11	$1,229.00		$6.15	-200
Pre-split 14	$0.32	$0.37	$0.40	$0.40	$0.40	$0.40	$0.40	$0.40	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20				09/08/11	$8,603.00		$6.15	-1400
																		09/08/11	$4,910.01		$6.14	-800
	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.20	5.44%	17			31/05/25	$16,128.00		$6.72	2400
																		10.03%	XIRR			200
	$768.00	$876.00	$960.00	$960.00	$960.00	$960.00	$960.00	$960.00	$480.00	$480.00	$480.00	$480.00	$480.00					19.90%				800
	$768.00	$876.00	$960.00															9.87%	49.6%		$14,742.01
	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6.72	6.93%	16			% from	$43,866.01		Total Value	Gain
																			-$14,742.01		Less Sale of Stock
																			-$16,128.00		Less Stock Value
																		45.23%	$12,996.00		Dividends Paid	85.90%
																			$15,129.98		Cost of Stock
																			$14,742.01		Sale of Stock
																		54.77%	$15,740.03		Capital Gains/Loss	104.03%
																		100.00%	$28,736.03		Total Return	189.93%
																		Start Date	11-Jul-08		Shares	2,400
																		End date	31-May-25		Dividends pd per Share	$5.42
																		years	16.89		Div less cost	$2.27
																					Cost	$3.15
																					% paid by div	171.90%