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 2024	<-Estimates				https://www.annualreports.com/Company/guardian-capital-group-ltd
See my website on stocks or see my blog at the following sites.						https://spbrunner.com/stocks.html				https://spbrunner.blogspot.com/				3/31/24	<-Estimates
Guardian Capital Group				TSX	GCG.A	OTC	GCAAF	https://www.guardiancapital.com/			Fiscal Yr:	Dec 31
Year	12/31/11	12/31/12	12/31/13	12/31/14	12/31/15	12/31/16	12/31/17	12/31/18	12/31/19	12/31/20	12/31/21	12/31/22	12/31/23	12/31/24	12/31/25	12/31/26		Value	Description	#Y	Item	Total G
Accounting Rules									IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS					Accounting Rules
USD - CDN$	1.0170	0.9949	1.0636	1.1601	1.3847	1.3427	1.2545	1.3642	1.2988	1.2732	1.2678	1.3544	1.3226	1.3494	1.3494	1.3494		-0.62%	<-IRR #YR->	5	USD - CDN$
Change	2.25%	-2.17%	6.91%	9.07%	19.36%	-3.04%	-6.57%	8.74%	-4.79%	-1.97%	-0.42%	6.83%	-2.35%	2.03%	0.00%	0.00%		2.20%	<-IRR #YR->	10	USD - CDN$
Exchange 5 years								-1.3642	0.0000	0.0000	0.0000	0.0000	1.3226								Exchange 5 years
Exchange 10 years			-1.0636	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	1.3226								Exchange 10 years
Split
Date
														$168	<-12 mths	185.19%
Total Client Assets	$15.93	$18.83	$33.79	$47.80	$46.27	$51.66	$69.32	$68.46	$79.65	$110.77	$87.85	$53.30	$58.77	$167.62	<-12 mths			73.95%	<-Total Growth	10	Total Client Assets
Increase	-2.08%	18.23%	79.41%	41.47%	-3.19%	11.64%	34.19%	-1.25%	16.35%	39.07%	-20.69%	-39.32%	10.26%	185.19%	<-12 mths			5.69%	<-IRR #YR->	10	Total Client Assets
5 year Running Average	$18.84	$17.97	$21.17	$26.52	$32.52	$39.67	$49.77	$56.70	$63.07	$75.97	$83.21	$80.01	$78.07	$95.66	<-12 mths			-3.00%	<-IRR #YR->	5	Total Client Assets
Increase	-6.97%	-4.63%	17.83%	25.26%	22.63%	21.97%	25.46%	13.93%	11.23%	20.45%	9.53%	-3.85%	-2.42%	22.54%	<-12 mths			13.94%	<-IRR #YR->	10	5 yr Running Average
AUM per Share $M	$0.47	$0.57	$1.04	$1.49	$1.48	$1.71	$2.35	$2.41	$2.86	$3.99	$3.26	$2.03	$2.33	$6.74	<-12 mths			6.60%	<-IRR #YR->	5	5 yr Running Average
Increase	-1.24%	21.09%	82.58%	42.90%	-0.67%	15.99%	37.07%	2.64%	18.71%	39.57%	-18.38%	-37.69%	14.71%	189.36%	<-12 mths			8.39%	<-IRR #YR->	10	Revenue per Share
5 year Running Average	$1	$1	$1	$1	$1	$1	$2	$2	$2	$3	$3	$3	$3	$4	<-12 mths			-0.68%	<-IRR #YR->	5	Revenue per Share
P/AUM Med	21.63	17.15	13.04	11.41	12.00	11.87	11.17	9.89	8.67	5.54	9.59	16.14	18.10	6.75	<-12 mths			16.48%	<-IRR #YR->	10	5 yr Running Average
P/AUM Close	20.40	18.25	14.85	11.96	12.33	14.62	11.33	9.15	9.38	6.75	10.71	19.12	19.00	6.23	<-12 mths			8.93%	<-IRR #YR->	5	5 yr Running Average
Assets under Administration					P/S Med	20 yr	14.02	15 yr	11.87	10 yr	11.29	5 yr	9.59		-44.77%	Diff M/C					Assets under Administration
			-$34	$0	$0	$0	$0	$0	$0	$0	$0	$0	$59
								-$68	$0	$0	$0	$0	$59
			-$21	$0	$0	$0	$0	$0	$0	$0	$0	$0	$78
								-$57	$0	$0	$0	$0	$78
			-$1	$0	$0	$0	$0	$0	$0	$0	$0	$0	$2
								-$2	$0	$0	$0	$0	$2
			-$1	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3
								-$2	$0	$0	$0	$0	$3
														$287	<-12 mths	19.01%			Estimates		last 12 months from Qtr.
Net Mangement and Advisory Fees	$15.93	$18.86	$23.09	$28.02	$33.86	$38.42	$42.00	$94.59	$51.37	$61.94	$75.09	$170.39	$182.53
Increase	57.16%	18.38%	22.46%	21.37%	20.84%	13.46%	9.32%	125.20%	-45.69%	20.57%	21.23%	126.93%	7.12%
Net Revenue*	$73.69	$85.03	$101.28	$119.28	$132.91	$142.69	$151.24	$171.51	$186.10	$215.79	$285.09	$201.00	$241.18	$324.1	$406.0	$417.5		138.14%	<-Total Growth	10	Revenue
Increase	7.65%	15.38%	19.11%	17.77%	11.43%	7.35%	5.99%	13.41%	8.51%	15.95%	32.11%	-29.50%	19.99%	34.38%	25.27%	2.83%		9.06%	<-IRR #YR->	10	Revenue	138.14%
5 year Running Average	$68.2	$70.4	$78.2	$89.5	$102.4	$116.2	$129.5	$143.5	$156.9	$173.5	$201.9	$212	$225.8	$253.4	$291.5	$318.0		7.06%	<-IRR #YR->	5	Revenue	40.62%
Revenue per Share	$2.18	$2.57	$3.12	$3.71	$4.24	$4.73	$5.12	$6.04	$6.68	$7.78	$10.58	$7.66	$9.56	$13.03	$16.33	$16.79		11.19%	<-IRR #YR->	10	5 yr Running Average	188.92%
Increase	8.56%	18.18%	21.21%	18.96%	14.34%	11.53%	8.26%	17.87%	10.71%	16.37%	35.97%	-27.60%	24.83%	36.34%	25.27%	2.83%		9.49%	<-IRR #YR->	5	5 yr Running Average	57.35%
5 year Running Average	$1.89	$2.03	$2.32	$2.72	$3.16	$3.68	$4.19	$4.77	$5.36	$6.07	$7.24	$7.75	$8.45	$9.72	$11.43	$12.67		11.85%	<-IRR #YR->	10	Revenue per Share	206.47%
P/S (Price/Sales) Med	4.68	3.80	4.35	4.57	4.18	4.30	5.12	3.95	3.71	2.84	2.96	4.28	4.41	3.49				9.62%	<-IRR #YR->	5	Revenue per Share	58.32%
P/S (Price/Sales) Close	4.41	4.04	4.95	4.79	4.29	5.29	5.19	3.65	4.02	3.46	3.30	5.07	4.63	3.22	2.57	2.50		13.78%	<-IRR #YR->	10	5 yr Running Average	263.61%
P/S 10 Year Median	6.14	5.52	4.51	4.46	4.31	4.28	4.28	4.24	4.24	4.24	4.06	4.23	4.23	4.06	3.95	3.83		12.12%	<-IRR #YR->	5	5 yr Running Average	77.21%
*Revenue in M CDN $					P/S Med	20 yr	4.29	15 yr	4.18	10 yr	4.23	5 yr	3.71		-23.77%	Diff M/C
																					Operating Costs to Rev	SAP
			-$101.3	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$241.2
								-$171.5	$0.0	$0.0	$0.0	$0.0	$241.2
			-$78.2	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$225.8
								-$143.5	$0.0	$0.0	$0.0	$0.0	$225.8
			-$3.12	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$9.56
								-$6.04	$0.00	$0.00	$0.00	$0.00	$9.56
			-$2.32	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$8.45
								-$4.77	$0.00	$0.00	$0.00	$0.00	$8.45
														$43	<-12 mths	-27.58%
Operating Earnings	$17.13	$20.14	$26.93	$38.14	$43.00	$44.67	$48.17	$46.39	$48.90	$54.84	$81.79	$44.12	$59.85	$43.34	<-12 mths			122.23%	<-Total Growth	10	Operating Earnings
Change	26.55%	17.54%	33.73%	41.62%	12.73%	3.88%	7.84%	-3.70%	5.42%	12.15%	49.14%	-46.05%	35.64%	-27.58%	<-12 mths			8.31%	<-IRR #YR->	10	Operating Earnings
5 year Running Average			$17.29	$23.18	$29.07	$34.58	$40.18	$44.07	$46.22	$48.59	$56.02	$55.21	$57.90	$56.79	<-12 mths			5.23%	<-IRR #YR->	5	Operating Earnings
Operating Earnings per Share	$0.51	$0.61	$0.83	$1.19	$1.37	$1.48	$1.63	$1.63	$1.76	$1.98	$3.03	$1.68	$2.37	$1.74	<-12 mths			11.08%	<-IRR #YR->	10	Operating Earnings per Share
Change	27.62%	20.38%	36.10%	43.05%	15.67%	7.92%	10.15%	0.09%	7.56%	12.55%	53.49%	-44.60%	41.11%	-26.52%	<-12 mths			7.75%	<-IRR #YR->	5	Operating Earnings per Share
5 year Running Average			$0.52	$0.71	$0.90	$1.10	$1.30	$1.46	$1.57	$1.70	$2.01	$2.02	$2.16	$2.16	<-12 mths
			-$26.93	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$59.85
								-$46.39	$0.0	$0.0	$0.0	$0.0	$59.85
			-$0.83	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$2.37
								-$1.63	$0.0	$0.0	$0.0	$0.0	$2.37
Per Share														-$17.95	<-12 mths	-549.97%			Estimates		Last 12 months from Qtr
Payout Ratio Adj EPS														22.86%	33.15%	32.45%			Estimates		Payout Ratio EPS
Adjusted Net Income CDN$	$16.2	$18.2	$34.8	$36.7	$44.1	$69.5	$96.3	-$17.0	$123.1	$42.4	$184.2	-$59.6	$102.2					193.56%	<-Total Growth	10	Adjusted Profit CDN$
Return on Equity ROE	5.99%	6.02%	6.66%	7.41%	7.60%	6.66%	6.51%	7.29%	7.56%	8.11%	10.11%	5.19%	5.61%					7.35%	<-Median->	10	Return on Equity ROE
5Yr Median	5.00%	5.99%	5.99%	6.02%	6.66%	6.66%	6.66%	7.29%	7.29%	7.29%	7.56%	7.56%	7.56%					7.29%	<-Median->	10	5 Yr Median
Basic	$0.48	$0.57	$1.13	$1.21	$1.50	$2.44	$3.49	-$0.63	$4.77	$1.67	$7.35	-$2.52	$4.22					273.45%	<-Total Growth	10	AEPS
AEPS* Dilued	$0.48	$0.57	$1.11	$1.18	$1.44	$2.32	$3.30	-$0.63	$4.50	$1.57	$6.87	-$2.52	$3.99	$2.80	$1.84	$1.88		259.46%	<-Total Growth	10	AEPS
Increase	6.67%	18.75%	94.74%	6.31%	22.03%	61.11%	42.24%	-119.09%	814.29%	-65.11%	337.58%	-136.68%	258.33%	-29.82%	-34.29%	2.17%		8	2	10	Years of Data, EPS P or N	80.00%
5 year Running Average	$0.44	$0.42	$0.60	$0.76	$0.96	$1.32	$1.87	$1.52	$2.19	$2.21	$3.12	$1.96	$2.88	$2.54	$2.60	$1.60		13.65%	<-IRR #YR->	10	AEPS	259.46%
AEPS Yield	4.23%	4.52%	6.94%	5.92%	6.77%	9.78%	12.64%	-2.32%	13.90%	4.55%	15.49%	-7.89%	7.18%	5.42%	#VALUE!	#DIV/0!		#NUM!	<-IRR #YR->	5	AEPS	733.33%
Payout Ratio	33.33%	29.82%	27.03%	22.03%	21.53%	15.09%	11.82%	N/C	12.89%	40.13%	10.19%	N/C	31.58%	51.79%	80.43%	78.72%		16.91%	<-IRR #YR->	10	5 yr Running Average	377.15%
5 year Running Average	33.94%	37.14%	30.79%	27.44%	25.10%	21.00%	17.22%	24.05%	19.67%	22.33%	18.07%	34.01%	28.24%	38.87%	44.61%	82.23%		13.62%	<-IRR #YR->	5	5 yr Running Average	89.36%
Price/AEPS Median	21.21	17.15	12.23	14.37	12.31	8.77	7.95	-37.84	5.51	14.09	4.55	-13.01	10.57	16.25	0.00	0.00		8.36	<-Median->	10	Price/AEPS Median
Price/AEPS High	24.23	18.51	15.08	16.03	13.38	10.81	8.79	-42.94	6.20	17.99	5.39	-16.27	11.63	18.57	0.00	0.00		9.80	<-Median->	10	Price/AEPS High
Price/AEPS Low	18.19	15.79	9.37	12.71	11.25	6.72	7.11	-32.75	4.82	10.19	3.72	-9.74	9.51	13.93	0.00	0.00		6.91	<-Median->	10	Price/AEPS Low
Price/AEPS Close	20.00	18.25	13.92	15.08	12.65	10.80	8.06	-35.02	5.97	17.17	5.08	-15.41	11.09	15.01	22.84	22.35		9.43	<-Median->	10	Price/AEPS Close
Trailing P/AEPS Close	21.33	21.67	27.11	16.03	15.43	17.40	11.47	6.68	-42.62	5.99	22.23	5.65	-17.56	10.53	15.01	22.84		9.08	<-Median->	10	Trailing P/AEPS Close
Median Values		DPR	10 Yrs	18.31%	5 Yrs	22.23%	P/CF	5 Yrs	in order	5.51	6.20	4.82	5.97		172.20%	Diff M/C					DPR 75% to 95% best
Adjusted Net Income CDN$
			-$1.11	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.99
								$0.63	$0.00	$0.00	$0.00	$0.00	$3.99
			-$0.60	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.88
								-$1.52	$0.00	$0.00	$0.00	$0.00	$2.88
Amount														$57.9	<-12 mths	-16.73%			Estimates		Last 12 months from Qtr
Per Share														$2.37	<-12 mths	-15.05%			Estimates		Last 12 months from Qtr
Payout Ratio Adj EPS														27.00%	#VALUE!				Estimates		Payout Ratio EPS
Adjusted Cash Flow from Op CDN$	$19.3	$21.3	$27.6	$36.2	$38.3	$38.7	$41.3	$43.7	$51.6	$56.8	$84.8	$39.8	$69.6					151.90%	<-Total Growth	10	Adjusted Cash Flow from Op
Return on Equity ROE	5.99%	6.02%	6.66%	7.41%	7.60%	6.66%	6.51%	7.29%	7.56%	8.11%	10.11%	5.19%	5.61%					7.35%	<-Median->	10	Return on Equity ROE
5Yr Median	5.00%	5.99%	5.99%	6.02%	6.66%	6.66%	6.66%	7.29%	7.29%	7.29%	7.56%	7.56%	7.56%					7.29%	<-Median->	10	5 Yr Median
Basic	$0.60	$0.68	$0.90	$1.20	$1.30	$1.36	$1.49	$1.63	$2.00	$2.23	$3.38	$1.63	$2.93					223.40%	<-Total Growth	10	ACFO
ACFO* Dilued	$0.60	$0.66	$0.89	$1.16	$1.25	$1.30	$1.41	$1.55	$1.90	$2.10	$2.81	$1.55	$2.79	$2.37	<-12 mths			213.48%	<-Total Growth	10	ACFO
Increase	22.45%	10.00%	34.85%	30.34%	7.76%	4.00%	8.46%	9.93%	22.58%	10.53%	33.81%	-44.84%	80.00%	-15.05%	<-12 mths			10	0	10	Years of Data, EPS P or N	100.00%
5 year Running Average	$0.47	$0.51	$0.61	$0.76	$0.91	$1.05	$1.20	$1.33	$1.48	$1.65	$1.95	$1.98	$2.23	$2.32	<-12 mths			12.10%	<-IRR #YR->	10	ACFO	213.48%
ACFO Yield	6.25%	6.35%	5.76%	6.52%	6.86%	5.19%	5.30%	7.03%	7.08%	7.79%	8.05%	3.99%	6.30%	5.64%	<-12 mths			12.47%	<-IRR #YR->	5	ACFO	80.00%
Payout Ratio	26.67%	25.76%	33.71%	22.41%	24.80%	26.92%	27.66%	33.55%	30.53%	30.00%	24.91%	58.06%	45.16%	61.18%	<-12 mths			13.80%	<-IRR #YR->	10	5 yr Running Average	264.38%
5 year Running Average	32.05%	30.71%	30.39%	27.37%	26.32%	26.43%	26.79%	27.44%	29.01%	29.90%	28.86%	33.60%	36.50%	42.51%	<-12 mths			10.82%	<-IRR #YR->	5	5 yr Running Average	67.17%
Price/ACFO Median	16.97	14.81	15.25	14.62	14.18	15.64	18.60	15.38	13.06	10.54	11.13	21.15	15.12	19.20	<-12 mths			14.87	<-Median->	10	Price/ACFO Median
Price/ACFO High	19.38	15.98	18.81	16.31	15.41	19.30	20.57	17.45	14.69	13.45	13.17	26.45	16.63	21.94	<-12 mths			16.47	<-Median->	10	Price/ACFO High
Price/ACFO Low	14.55	13.64	11.69	12.93	12.96	11.98	16.63	13.31	11.42	7.62	9.09	15.84	13.61	16.46	<-12 mths			12.95	<-Median->	10	Price/ACFO Low
Price/ACFO Close	16.00	15.76	17.36	15.34	14.57	19.27	18.87	14.23	14.13	12.83	12.42	25.05	15.86	17.73	<-12 mths			14.95	<-Median->	10	Price/ACFO Close
Trailing P/ACFO Close			23.41	19.99	15.70	20.04	20.47	15.65	17.32	14.18	16.62	13.82	28.55	15.06	<-12 mths			16.97	<-Median->	10	Trailing P/ACFO Close
Median Values		DPR	10 Yrs	28.83%	5 Yrs	30.53%	P/CF	5 Yrs	in order	13.06	14.69	11.42	14.13		35.78%	Diff M/C					DPR 75% to 95% best
* Adjusted Cash Flow from Operations.
			-$0.89	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.79
								-$1.55	$0.00	$0.00	$0.00	$0.00	$2.79
			-$0.61	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.23
								-$1.33	$0.00	$0.00	$0.00	$0.00	$2.23
														$4.11	<-12 mths	-81.42%			Estimates		Last 12 months from Qtr
Difference Basic and Diluted	0.00%	1.39%	1.77%	3.25%	4.00%	4.92%	5.34%	0.00%	5.66%	5.99%	6.53%	0.00%	6.55%					5.13%	<-Median->	10	Difference Basic and Diluted
EPS Basic	$0.31	$0.72	$1.13	$1.23	$1.50	$2.44	$3.37	-$0.63	$4.77	$1.67	$7.35	-$1.76	$23.67					1994.69%	<-Total Growth	10	EPS Basic
EPS Diluted*	$0.31	$0.71	$1.11	$1.19	$1.44	$2.32	$3.19	-$0.63	$4.50	$1.57	$6.87	-$1.76	$22.12	$2.80	$1.84	$1.88		1892.79%	<-Total Growth	10	EPS Diluted
Increase	-31.11%	129.03%	56.34%	7.21%	21.01%	61.11%	37.50%	-119.75%	814.29%	-65.11%	337.58%	-125.62%	1356.82%	-87.34%	-34.29%	2.17%		8	2	10	Years of Data, EPS P or N	80.00%
Earnings Yield	3.23%	6.83%	7.18%	6.69%	7.91%	9.26%	11.99%	-2.86%	16.76%	5.83%	19.68%	-4.53%	49.98%	6.66%	4.38%	4.47%		34.88%	<-IRR #YR->	10	Earnings per Share	1892.79%
5 year Running Average	$0.41	$0.41	$0.60	$0.75	$0.95	$1.35	$1.85	$1.50	$2.16	$2.19	$3.10	$2.11	$6.66	$6.32	$6.37	$5.38		106.02%	<-IRR #YR->	5	Earnings per Share	3611.11%
10 year Running Average	$0.36	$0.41	$0.50	$0.60	$0.71	$0.88	$1.13	$1.05	$1.46	$1.57	$2.23	$1.98	$4.08	$4.24	$4.28	$4.24		27.26%	<-IRR #YR->	10	5 yr Running Average	1013.71%
* Diluted ESP per share									E/P	10 Yrs	8.58%	5Yrs	16.76%					34.70%	<-IRR #YR->	5	5 yr Running Average	343.41%
			-$1.11	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$22.12
								$0.63	$0.00	$0.00	$0.00	$0.00	$22.12
			-$0.60	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6.66
								-$1.50	$0.00	$0.00	$0.00	$0.00	$6.66
Dividend*														$0.64	$0.61	$0.61			Estimates		Dividend*
Increase														-49.21%	-4.69%	0.00%			Estimates		Increase
Payout Ratio EPS														22.86%	33.15%	32.45%			Estimates		Payout Ratio EPS
Special Dividends	$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	$0.00		$0.00	<-Median->	10	Special Dividends
Dividend*	$0.16	$0.17	$0.30	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$1.26	$1.45	$1.48	$1.48		320.00%	<-Total Growth	10	Dividends
Increase	6.67%	6.25%	76.47%	-13.33%	19.23%	12.90%	11.43%	33.33%	11.54%	8.62%	11.11%	28.57%	40.00%	15.08%	2.07%	0.00%		19	2	26	Years of data, Count P, N
Average Increases 5 Year Running	2.86%	2.67%	20.00%	14.67%	18.75%	21.18%	6.00%	20.00%	17.42%	16.00%	15.90%	14.62%	23.45%	26.03%	22.29%	12.89%		16.71%	<-Median->	10	5 year Increases
Dividends 5 Yr Running	$0.15	$0.16	$0.19	$0.21	$0.24	$0.28	$0.32	$0.37	$0.43	$0.49	$0.56	$0.67	$0.81	$0.99	$1.16	$1.31		337.63%	<-Total Growth	10	Dividends 5 Yr Running
Yield H/L Price	1.57%	1.74%	2.21%	1.53%	1.75%	1.72%	1.49%	2.18%	2.34%	2.85%	2.24%	2.75%	2.99%	3.19%				2.21%	<-Median->	10	Yield H/L Price	Item
Yield on High  Price	1.38%	1.61%	1.79%	1.37%	1.61%	1.39%	1.34%	1.92%	2.08%	2.23%	1.89%	2.20%	2.72%	2.79%				1.91%	<-Median->	10	Yield on High  Price	EPS
Yield on Low Price	1.83%	1.89%	2.88%	1.73%	1.91%	2.25%	1.66%	2.52%	2.67%	3.94%	2.74%	3.67%	3.32%	3.72%				2.60%	<-Median->	10	Yield on Low Price	AEPS
Yield on Close Price	1.67%	1.63%	1.94%	1.46%	1.70%	1.40%	1.47%	2.36%	2.16%	2.34%	2.01%	2.32%	2.85%	3.45%	3.52%	3.52%		2.08%	<-Median->	10	Yield on Close Price	CFPS
Payout Ratio EPS	51.61%	23.94%	27.03%	21.85%	21.53%	15.09%	12.23%	-82.54%	12.89%	40.13%	10.19%	-51.14%	5.70%	51.79%	80.43%	78.72%		#DIV/0!	<-Median->	24	DPR EPS	FCF
DPR EPS 5 Yr Running	36.76%	37.68%	31.10%	27.59%	25.21%	20.53%	17.41%	24.37%	19.87%	22.56%	18.19%	31.56%	12.22%	15.63%	18.17%	24.44%		$0.23	<-Median->	23	DPR EPS 5 Yr Running
Payout Ratio CFPS	25.54%	23.50%	31.76%	21.95%	28.75%	24.82%	25.79%	31.33%	32.88%	24.34%	18.34%	29.08%	39.04%	49.16%	#VALUE!	0.00%		$0.24	<-Median->	27	DPR CF
DPR CF 5 Yr Running	0.00%	31.93%	30.13%	26.15%	26.33%	26.03%	26.27%	26.74%	28.96%	27.65%	24.87%	25.77%	28.09%	31.51%	#VALUE!	0.00%		$0.25	<-Median->	23	DPR CF 5 Yr Running
Payout Ratio CFPS WC	25.65%	22.69%	30.44%	19.30%	19.69%	20.82%	21.16%	20.35%	24.48%	23.09%	17.75%	24.11%	35.86%	49.16%	#VALUE!	0.00%		$0.20	<-Median->	27	DPR CF WC
DPR CF WC 5 Yr Running	0.00%	27.39%	27.62%	24.71%	22.73%	21.93%	21.67%	20.33%	21.45%	22.10%	20.98%	21.72%	24.99%	29.29%	#VALUE!	0.00%		$0.20	<-Median->	23	DPR CF WC 5 Yr Running
Median Values	10 Yr Med	10 Yr Cl	2.21%	2.08%	5 Yr Med	5 Yr Cl	2.75%	2.32%	5 Yr Med	Payout	10.19%	29.08%	24.11%					19.36%	<-IRR #YR->	5	Dividends	142.31%
* Dividends per share	10 Yr Med	and Cur.	59.37%	69.09%	5 Yr Med	and Cur.	28.26%	51.96%	Last Div Inc --->		$0.34	$0.37	8.82%					15.43%	<-IRR #YR->	10	Dividends	320.00%
Dividends Growth 15																		15.24%	<-IRR #YR->	15	Dividends	740.00%
Dividends Growth 20																		14.78%	<-IRR #YR->	20	Dividends	1475.00%
Dividends Growth 25																		21.34%	<-IRR #YR->	25	Dividends	12500.00%
Dividends Growth 30																		17.63%	<-IRR #YR->	26	Dividends
Dividends Growth 5								-$0.52	$0.00	$0.00	$0.00	$0.00	$1.26								Dividends Growth 5
Dividends Growth 10			-$0.30	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.26								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	$1.26								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	$1.26								Dividends Growth 20
Dividends Growth 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	$1.26								Dividends Growth 25
Dividends Growth 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	$1.26								Dividends Growth 30
																						Div Yd
Historical Dividends	Historical	High Div	4.07%	Low Div	0.17%	10 Yr High	3.91%	10 Yr Low	1.35%	Med Div	1.72%	Close Div	1.47%								Historical Dividends	4.28%
High/Ave/Median Values	Curr diff	Exp.	-13.46%		95.17%	Exp.	-9.92%		160.90%	Cheap	104.78%	Cheap	140.32%								High/Ave/Median	10.64%
																						26.48%
Future Dividend Yield					Div Yield	$0.09	earning in	5	Years	at IRR of	19.36%	Div Inc.	142.31%								Future Dividend Yield
Future Dividend Yield					Div Yield	20.68%	earning in	10	Years	at IRR of	19.36%	Div Inc.	487.13%								Future Dividend Yield
Future Dividend Yield					Div Yield	50.11%	earning in	15	Years	at IRR of	19.36%	Div Inc.	1322.66%								Future Dividend Yield
Future Dividend Paid					Div Paid	$3.59	earning in	5	Years	at IRR of	19.36%	Div Inc.	142.31%								Future Dividend Paid	Div Pd
Future Dividend Paid					Div Paid	$8.69	earning in	10	Years	at IRR of	19.36%	Div Inc.	487.13%								Future Dividend Paid	$3.59
Future Dividend Paid					Div Paid	$21.06	earning in	15	Years	at IRR of	19.36%	Div Inc.	1322.66%								Future Dividend Paid	$8.69
																						$21.06
Dividend Covering Cost					Total Div	$10.88	over	5	Years	at IRR of	19.36%	Div Cov.	25.88%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$33.65	over	10	Years	at IRR of	19.36%	Div Cov.	80.07%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$88.82	over	15	Years	at IRR of	19.36%	Div Cov.	211.37%								Dividend Covering Cost
Yield if held 5 years	1.38%	1.43%	4.21%	4.62%	3.79%	3.44%	3.99%	3.83%	3.42%	3.55%	3.44%	3.43%	5.29%	5.84%	6.69%	4.73%		3.67%	<-Median->	10	Paid Median Price
Yield if held 10 years	2.46%	3.25%	4.84%	2.93%	2.93%	3.01%	3.27%	7.29%	10.31%	7.71%	6.88%	9.21%	9.29%	8.55%	8.35%	7.28%		7.08%	<-Median->	10	Paid Median Price
Yield if held 15 years	8.99%	3.40%	5.95%	7.00%	9.02%	5.38%	7.46%	8.39%	6.54%	5.96%	6.02%	7.55%	17.67%	25.78%	18.10%	14.54%		7.23%	<-Median->	10	Paid Median Price
Yield if held 20 years	24.46%	24.43%	31.30%	17.96%	20.38%	19.67%	7.80%	10.31%	15.62%	18.34%	10.77%	17.22%	20.33%	16.34%	14.01%	12.73%		17.59%	<-Median->	10	Paid Median Price
Yield if held 25 years					40.21%	53.50%	56.05%	54.26%	40.06%	41.42%	39.34%	18.00%	24.99%	39.06%	43.09%	22.77%		40.21%	<-Median->	9	Paid Median Price
Yield if held 30 years										81.71%	107.01%	129.34%	131.48%	100.15%	97.31%	83.19%
Yield if held 35 years															191.96%	226.25%
Cost covered if held 5 years	6.45%	6.55%	13.04%	18.49%	14.68%	13.65%	16.47%	13.49%	12.68%	13.93%	13.87%	12.70%	17.07%	19.91%	26.17%	21.01%		13.90%	<-Median->	10	Paid Median Price	Div Yd
Cost covered if held 10 years	17.69%	23.92%	23.72%	19.27%	18.08%	18.41%	20.06%	38.71%	56.71%	44.89%	41.36%	50.54%	43.48%	41.80%	46.59%	46.18%		40.03%	<-Median->	10	Paid Median Price	5.84%
Cost covered if held 15 years	73.07%	29.20%	34.71%	53.87%	65.50%	39.08%	54.74%	53.25%	43.49%	41.47%	42.68%	48.01%	95.79%	144.53%	115.72%	105.89%		50.63%	<-Median->	10	Paid Median Price	8.55%
Cost covered if held 20 years	198.73%	211.25%	184.69%	140.20%	153.86%	151.20%	61.40%	71.01%	111.78%	137.41%	82.46%	118.47%	118.92%	99.15%	96.28%	99.20%		118.69%	<-Median->	10	Paid Median Price	25.78%
Cost covered if held 25 years					303.50%	411.22%	442.62%	375.65%	288.69%	316.27%	309.70%	128.00%	151.74%	244.85%	305.97%	183.54%		309.70%	<-Median->	9	Paid Median Price
Cost covered if held 30 years										623.87%	842.31%	921.18%	800.33%	629.88%	696.98%	678.98%					See CCL no sp
Cost covered if held 35 years															1374.84%	1846.67%
I am earning GC					Div Gr	62.92%	7/15/05	# yrs ->	16	2005	$20.62	Cap Gain	103.78%								I am earning GC
I am earning Div					org yield	4.32%	12/31/14	Pension	Div G Yrly	5.29%	Div start	$0.89	-4.32%	7.03%							I am earning Div
Div Gr, Cap Gain								# yrs ->	15	Pension	$0.00	Cap Gain	#DIV/0!								Div Gr, Cap Gain
I am earning								2006	Div Start	$0.00	#DIV/0!	Div Gr	#DIV/0!	#DIV/0!				22680.00%			I am earning
Div Gr, Cap Gain							10/4/06	# yrs ->	2	14.21	$11.77	Cap Gain	17.17%								Div Gr, Cap Gain
I earned							4/10/08	CDN T	Div G Yrly	2.37%	Div st/end	-$0.66	$0.68								I earned
																				Yr	Item	Tot. Grth
Revenue Growth								$171.5	$186.1	$215.8	$285.1	$201.0	$241.2	$287	<-12 mths	19.01%		40.62%	<-Total Growth	5	Revenue Growth	40.62%
AEPS Growth								-$0.63	$4.50	$1.57	$6.87	-$2.52	$3.99	$2.37	<-12 mths	-40.60%		733.33%	<-Total Growth	5	AEPS Growth	733.33%
Net Income Growth								-$17.0	$123.1	$42.4	$184.2	-$43.1	$562.9	$103	<-12 mths	-81.64%		3420.72%	<-Total Growth	5	Net Income Growth	3420.72%
Cash Flow Growth								$47.1	$49.1	$71.8	$102.9	$81.2	$81.4	$73	<-12 mths	-9.91%		72.71%	<-Total Growth	5	Cash Flow Growth	72.71%
Dividend Growth								$0.52	$0.58	$0.63	$0.70	$0.90	$1.26	$1.45	<-12 mths	15.08%		142.31%	<-Total Growth	5	Dividend Growth	142.31%
Stock Price Growth								$22.06	$26.85	$26.95	$34.90	$38.83	$44.26	$42.02	<-12 mths	-5.06%		100.63%	<-Total Growth	5	Stock Price Growth	100.63%
Revenue Growth			$101.3	$119.3	$132.9	$142.7	$151.2	$171.5	$186.1	$215.8	$285.1	$201.0	$241.2	$324	<-this year	34.38%		138.14%	<-Total Growth	10	Revenue Growth	138.14%
AEPS Growth			$1.11	$1.18	$1.44	$2.32	$3.30	-$0.63	$4.50	$1.57	$6.87	-$2.52	$3.99	$2.37	<-this year	-40.60%		259.46%	<-Total Growth	10	AEPS Growth	259.46%
Net Income Growth			$34.4	$37.0	$44.1	$69.5	$93.7	-$17.0	$123.1	$42.4	$184.2	-$43.1	$562.9	$103	<-this year	-81.64%		1534.90%	<-Total Growth	10	Net Income Growth	1534.90%
Cash Flow Growth			$30.7	$38.1	$33.8	$42.5	$44.6	$47.1	$49.1	$71.8	$102.9	$81.2	$81.4	$73	<-this year	-9.91%		165.48%	<-Total Growth	10	Cash Flow Growth	165.48%
Dividend Growth			$0.30	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$1.26	$0.64	<-this year	-49.21%		320.00%	<-Total Growth	10	Dividend Growth	320.00%
Stock Price Growth			$15.45	$17.79	$18.21	$25.05	$26.61	$22.06	$26.85	$26.95	$34.90	$38.83	$44.26	$42.02	<-this year	-5.06%		186.47%	<-Total Growth	10	Stock Price Growth	186.47%
Dividends on Shares	$128.00	$136.00	$240.00	$208.00	$248.00	$280.00	$312.00	$416.00	$464.00	$504.00	$560.00	$720.00	$1,008.00	$1,160.00	$1,184.00	$1,184.00		$6,136.00	No of Years	30	Total Dividends	12/31/93
Share Value	$7,680.00	$8,320.00	$12,360.00	$14,232.00	$14,568.00	$20,040.00	$21,288.00	$17,648.00	$21,480.00	$21,560.00	$27,920.00	$31,064.00	$35,408.00	$33,616.00	$33,616.00	$33,616.00		$35,408.00	No of Years	30	Share Value	$1.25
Total																		$41,544.00			Total Return	800.00
Dividends on Shares				$16.90	$20.15	$22.75	$25.35	$33.80	$37.70	$40.95	$45.50	$58.50	$81.90	$94.25	$96.20	$96.20		$383.50	No of Years	10	Total Dividends	12/31/13
Share Value			$1,004.25	$1,156.35	$1,183.65	$1,628.25	$1,729.65	$1,433.90	$1,745.25	$1,751.75	$2,268.50	$2,523.95	$2,876.90	$2,731.30	$2,731.30	$2,731.30		$2,876.90	No of Years	10	Share Value	$15.45
Total																		$3,260.40			Total Return	65.00
Earnings less Dividends									$14.51	$1.00	$35.54	$7.85	$29.23								Dollar Test	WJX
Change in MV per Share									$40.85	$6.00	$206.43	$50.67	$22.20					$29.23	$22.20		Dollar Test
Ratio									2.82	6.00	5.81	6.45	0.76						-24.05%		Dollar Test
Increase in Earnings 5 years													$22.75								Increase in Earnings 5 years	KBL
Rate profits have increased													77.83%								Rate profits have increased
Graham Number AEPS	$10.15	$11.72	$17.87	$20.09	$22.84	$31.69	$39.94	$39.58	$49.83	$29.85	$69.34	$67.25	$66.45	$56.14	$45.51	$46.00		271.92%	<-Total Growth	10	Graham Number AEPS
Increase	2.62%	15.48%	52.47%	12.47%	13.65%	38.77%	26.04%	-0.91%	25.90%	-40.10%	132.33%	-3.03%	-1.19%	-15.51%	-18.94%	1.08%		13.06%	<-Median->	10	Increase
Price/GP Ratio Med	1.00	0.83	0.76	0.84	0.78	0.64	0.66	0.60	0.50	0.74	0.45	0.49	0.63	0.81				0.64	<-Median->	10	Price/GP Ratio Med
Price/GP Ratio High	1.15	0.90	0.94	0.94	0.84	0.79	0.73	0.68	0.56	0.95	0.53	0.61	0.70	0.93				0.71	<-Median->	10	Price/GP Ratio High
Price/GP Ratio Low	0.86	0.77	0.58	0.75	0.71	0.49	0.59	0.52	0.44	0.54	0.37	0.37	0.57	0.69				0.53	<-Median->	10	Price/GP Ratio Low
Price/GP Ratio Close	0.95	0.89	0.86	0.89	0.80	0.79	0.67	0.56	0.54	0.90	0.50	0.58	0.67	0.75	0.92	0.91		0.67	<-Median->	10	Price/GP Ratio Close
Prem/Disc Close	-5.39%	-11.25%	-13.52%	-11.46%	-20.26%	-20.96%	-33.38%	-44.26%	-46.12%	-9.71%	-49.67%	-42.26%	-33.39%	-25.15%	-7.67%	-8.66%		-33.39%	<-Median->	10	Graham Price
Graham Number ACFO	$11.34	$12.61	$16.00	$19.92	$21.28	$23.72	$26.11	$27.13	$32.38	$34.52	$44.35	$31.94	$55.56	$51.65	#VALUE!	$0.00		247.32%	<-Total Growth	10	Graham Number AOCF
Increase	9.95%	11.15%	26.88%	24.53%	6.80%	11.50%	10.06%	3.89%	19.37%	6.61%	28.47%	-27.98%	73.96%	-7.04%	#VALUE!	#VALUE!		10.78%	<-Median->	10	Increase
Price/GP Ratio Med	0.90	0.78	0.85	0.85	0.83	0.86	1.00	0.88	0.77	0.64	0.70	1.03	0.76	0.88				0.84	<-Median->	10	Price/GP Ratio Med
Price/GP Ratio High	1.03	0.84	1.05	0.95	0.91	1.06	1.11	1.00	0.86	0.82	0.83	1.28	0.83	1.01				0.93	<-Median->	10	Price/GP Ratio High
Price/GP Ratio Low	0.77	0.71	0.65	0.75	0.76	0.66	0.90	0.76	0.67	0.46	0.58	0.77	0.68	0.76				0.72	<-Median->	10	Price/GP Ratio Low
Price/GP Ratio Close	0.85	0.82	0.97	0.89	0.86	1.06	1.02	0.81	0.83	0.78	0.79	1.22	0.80	0.81	#VALUE!	#DIV/0!		0.84	<-Median->	10	Price/GP Ratio Close
Prem/Disc Close	-15.38%	-17.52%	-3.43%	-10.70%	-14.41%	5.60%	1.91%	-18.68%	-17.08%	-21.93%	-21.31%	21.56%	-20.34%	-18.64%	#VALUE!	#DIV/0!		-15.75%	<-Median->	10	Graham Price
Graham Number EPS	$8.15	$13.08	$17.87	$20.18	$22.84	$31.69	$39.27	$38.91	$49.83	$29.85	$69.34	$67.25	$156.45	$56.14	$45.51	$46.00		775.70%	<-Total Growth	10	Graham Number EPS
Increase	-17.53%	60.38%	36.62%	12.94%	13.17%	38.77%	23.92%	-0.91%	28.05%	-40.10%	132.33%	-3.03%	132.66%	-64.12%	-18.94%	1.08%		18.55%	<-Median->	10	Increase
Price/GP Ratio Med	1.25	0.75	0.76	0.84	0.78	0.64	0.67	0.61	0.50	0.74	0.45	0.49	0.27	0.81				0.63	<-Median->	10	Price/GP Ratio Med
Price/GP Ratio High	1.43	0.81	0.94	0.94	0.84	0.79	0.74	0.70	0.56	0.95	0.53	0.61	0.30	0.93				0.72	<-Median->	10	Price/GP Ratio High
Price/GP Ratio Low	1.07	0.69	0.58	0.74	0.71	0.49	0.60	0.53	0.44	0.54	0.37	0.37	0.24	0.69				0.51	<-Median->	10	Price/GP Ratio Low
Price/GP Ratio Close	1.18	0.80	0.86	0.88	0.80	0.79	0.68	0.57	0.54	0.90	0.50	0.58	0.28	0.75	0.92	0.91		0.63	<-Median->	10	Price/GP Ratio Close
Prem/Disc Close	17.73%	-20.48%	-13.52%	-11.84%	-20.26%	-20.96%	-32.24%	-43.31%	-46.12%	-9.71%	-49.67%	-42.26%	-71.71%	-25.15%	-7.67%	-8.66%		-37.25%	<-Median->	10	Graham Price
Based on EPS 3 Yrs EPS	$8.66	$9.69	$11.87	$15.59	$19.06	$23.23	$28.24	$33.16	$29.96	$36.54	$35.63	$53.28	$49.64	$101.08	$93.22	$100.20		318.17%	<-Total Growth	10	Based on EPS 3 Yrs EPS
Increase	-10.01%	11.87%	22.47%	31.30%	22.30%	21.87%	21.58%	17.41%	-9.66%	21.97%	-2.51%	49.56%	-6.84%	103.63%	-7.78%	7.49%		21.73%	<-Median->	10	Increase
Price/GP Ratio Med	1.17	1.01	1.14	1.09	0.93	0.88	0.93	0.72	0.83	0.61	0.88	0.62	0.85	0.45				86.25%	<-Median->	10	Price/GP Ratio Med
Price/GP Ratio High	1.34	1.09	1.41	1.21	1.01	1.08	1.03	0.82	0.93	0.77	1.04	0.77	0.93	0.51				0.97	<-Median->	10	Price/GP Ratio High
Price/GP Ratio Low	1.01	0.93	0.88	0.96	0.85	0.67	0.83	0.62	0.72	0.44	0.72	0.46	0.76	0.39				0.72	<-Median->	10	Price/GP Ratio Low
Price/GP Ratio Close	1.11	1.07	1.30	1.14	0.96	1.08	0.94	0.67	0.90	0.74	0.98	0.73	0.89	0.42	0.45	0.42		0.92	<-Median->	10	Price/GP Ratio Close
Prem/Disc Close	10.80%	7.30%	30.15%	14.14%	-4.47%	7.83%	-5.79%	-33.48%	-10.38%	-26.25%	-2.04%	-27.13%	-10.84%	-58.43%	-54.92%	-58.06%		-0.08	<-Median->	10	Graham Price
Month, Year	Dec-11	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		30.00	<Count Years>	32	Month, Year
Price Close	$9.60	$10.40	$15.45	$17.79	$18.21	$25.05	$26.61	$22.06	$26.85	$26.95	$34.90	$38.83	$44.26	$42.02	$42.02	$42.02		186.47%	<-Total Growth	10	Stock Price
Increase	10.98%	8.33%	48.56%	15.15%	2.36%	37.56%	6.23%	-17.10%	21.71%	0.37%	29.50%	11.26%	13.98%	-5.06%	0.00%	0.00%		12.75	<-Median->	10	CAPE (10 Yr P/E)
P/E Ratio	30.97	14.65	13.92	14.95	12.65	10.80	8.34	-35.02	5.97	17.17	5.08	-22.06	2.00	15.01	22.84	22.35		14.94%	<-IRR #YR->	5	Stock Price	100.63%
Trailing P/E Ratio	21.33	33.55	21.76	16.03	15.30	17.40	11.47	6.92	-42.62	5.99	22.23	5.65	-25.15	1.90	15.01	22.84		11.10%	<-IRR #YR->	10	Stock Price	186.47%
CAPE (10 Yr P/E)	24.58	22.59	20.09	18.39	16.35	14.60	12.74	15.41	12.38	12.67	10.07	12.76	6.90	7.21	7.70	8.18		17.63%	<-IRR #YR->	5	Price & Dividend	119.08%
Median 10, 5 Yrs		D.  per yr	2.14%	2.69%	% Tot Ret	16.17%	15.25%	T P/E	$9.19	$5.65	P/E:	$7.15	$5.08		109.77%	Diff M/C		13.24%	<-IRR #YR->	10	Price & Dividend	224.66%
Price 15		D.  per yr	2.84%		% Tot Ret	14.69%						CAPE Diff	17.69%					16.46%	<-IRR #YR->	15	Stock Price	883.56%
Price  20		D.  per yr	1.65%		% Tot Ret	14.33%												9.86%	<-IRR #YR->	20	Stock Price	555.70%
Price  25		D.  per yr	1.39%		% Tot Ret	13.37%												9.01%	<-IRR #YR->	25	Stock Price	763.61%
Price  30		D.  per yr	1.68%		% Tot Ret	11.74%												12.63%	<-IRR #YR->	30	Stock Price
Price  35		D.  per yr	1.67%		% Tot Ret	10.95%												13.56%	<-IRR #YR->	33	Stock Price
Price & Dividend 15																		19.30%	<-IRR #YR->	15	Price & Dividend	1035.33%
Price & Dividend 20																		11.51%	<-IRR #YR->	20	Price & Dividend	664.89%
Price & Dividend 25																		10.40%	<-IRR #YR->	25	Price & Dividend	912.88%
Price & Dividend 30																		14.30%	<-IRR #YR->	30	Price & Dividend
Price & Dividend 35																		15.22%	<-IRR #YR->	33	Price & Dividend
Price  5								-$22.06	$0.00	$0.00	$0.00	$0.00	$44.26								Price  5
Price 10			-$15.45	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$44.26								Price 10
Price & Dividend 5								-$22.06	$0.58	$0.63	$0.70	$0.90	$45.52								Price & Dividend 5
Price & Dividend 10			-$15.45	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$45.52								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	$44.26								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	$44.26								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	$44.26								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	$44.26								Price  30
Price  35	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$44.26								Price  35
Price & Dividend 15	$0.16	$0.17	$0.30	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$45.52								Price & Dividend 15
Price & Dividend 20	$0.16	$0.17	$0.30	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$45.52								Price & Dividend 20
Price & Dividend 25	$0.16	$0.17	$0.30	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$45.52								Price & Dividend 25
Price & Dividend 30	$0.16	$0.17	$0.30	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$45.52								Price & Dividend 30
Price & Dividend 35	$0.16	$0.17	$0.30	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$45.52								Price & Dividend 35
Price H/L Median	$10.18	$9.78	$13.57	$16.96	$17.73	$20.34	$26.23	$23.84	$24.81	$22.13	$31.27	$32.78	$42.18	$45.50				210.80%	<-Total Growth	10	Stock Price
Increase	24.53%	-3.98%	38.82%	24.98%	4.54%	14.69%	28.96%	-9.09%	4.07%	-10.82%	41.31%	4.83%	28.68%	7.88%				12.09%	<-IRR #YR->	5	Stock Price	76.91%
P/E Ratio	32.84	13.77	12.23	14.25	12.31	8.77	8.22	-37.84	5.51	14.09	4.55	-18.62	1.91	16.25				12.01%	<-IRR #YR->	10	Stock Price	210.80%
Trailing P/E Ratio	22.62	31.53	19.11	15.28	14.90	14.12	11.30	7.47	-39.38	4.92	19.91	4.77	-23.96	2.06				14.71%	<-IRR #YR->	5	Price & Dividend	76.91%
P/E on Running 5 yr Average	24.95	23.61	22.69	22.49	18.62	15.02	14.18	15.87	11.46	10.10	10.09	15.53	6.33	7.20				14.35%	<-IRR #YR->	10	Price & Dividend	254.27%
P/E on Running 10 yr Average	28.68	23.96	27.03	28.50	25.08	23.08	23.17	22.70	17.00	14.08	14.04	16.55	10.33	10.73				13.93	P/E Ratio		Historical Median	93.98%
Median 10, 5 Yrs		D.  per yr	2.62%	2.34%	% Tot Ret	17.83%	16.32%	T P/E	9.39	4.77	P/E:	6.87	4.55						Count	33	Years of data
								-$23.84	$0.00	$0.00	$0.00	$0.00	$42.18
			-$13.57	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$42.18
								-$23.84	$0.58	$0.63	$0.70	$0.90	$43.44
			-$13.57	$0.26	$0.31	$0.35	$0.39	$0.52	$0.58	$0.63	$0.70	$0.90	$43.44
High Months	Jul	Dec	Nov	Aug	Jun	Dec	May	Jan	Dec	Jan	Nov	Mar	May	Feb
Price High	$11.63	$10.55	$16.74	$18.92	$19.26	$25.09	$29.00	$27.05	$27.92	$28.25	$37.00	$41.00	$46.39	$52.00				177.12%	<-Total Growth	10	Stock Price
Increase	29.22%	-9.29%	58.67%	13.02%	1.80%	30.27%	15.58%	-6.72%	3.22%	1.18%	30.97%	10.81%	13.15%	12.09%				11.39%	<-IRR #YR->	5	Stock Price	71.50%
P/E Ratio	37.52	14.86	15.08	15.90	13.38	10.81	9.09	-42.94	6.20	17.99	5.39	-23.30	2.10	18.57				10.73%	<-IRR #YR->	10	Stock Price	177.12%
Trailing P/E Ratio	25.84	34.03	23.58	17.05	16.18	17.42	12.50	8.48	-44.32	6.28	23.57	5.97	-26.36	2.35				16.95	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	10.49	5.97	P/E:	7.65	5.39					42.46	P/E Ratio		Historical High
								-$27.05	$0.00	$0.00	$0.00	$0.00	$46.39
			-$16.74	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$46.39
Low Months	Jan	Jun	Jan	Feb	Jan	Feb	Dec	Dec	Jan	Mar	Jan	Oct	Jan	Oct
Price Low	$8.73	$9.00	$10.40	$15.00	$16.20	$15.58	$23.45	$20.63	$21.70	$16.00	$25.53	$24.55	$37.96	$39.00				265.00%	<-Total Growth	10	Stock Price
Increase	18.78%	3.09%	15.56%	44.23%	8.00%	-3.83%	50.51%	-12.03%	5.19%	-26.27%	59.56%	-3.84%	54.62%	2.74%				12.97%	<-IRR #YR->	5	Stock Price	84.00%
P/E Ratio	28.16	12.68	9.37	12.61	11.25	6.72	7.35	-32.75	4.82	10.19	3.72	-13.95	1.72	13.93				13.82%	<-IRR #YR->	10	Stock Price	265.00%
Trailing P/E Ratio	19.40	29.03	14.65	13.51	13.61	10.82	10.11	6.47	-34.44	3.56	16.26	3.57	-21.57	1.76				10.93	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	8.29	3.56	P/E:	5.77	3.72					-6.50	P/E Ratio		Historical Low
								-$20.63	$0.00	$0.00	$0.00	$0.00	$37.96
			-$10.40	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$37.96
Free Cash Flow Mkt Screener									$35.34	$59.56	$87.44	$64.51	$79.28	$73.90	$70.00	$60.20
Change										68.53%	46.81%	-26.22%	22.90%	-6.79%	-5.28%	-14.00%
														$71	<-12 mths	0.00%
Free Cash Flow MS				$32.84	$35.43	$33.92	$37.33	$18.22	$43.44	$53.42	$69.38	$57.64	$70.99	$73.90	$70.00	$60.20		#DIV/0!	<-Total Growth	9	Free Cash Flow
Change					7.89%	-4.26%	10.05%	-51.19%	138.42%	22.97%	29.88%	-16.92%	23.16%	4.10%	-5.28%	-14.00%		31.26%	<-IRR #YR->	5	Free Cash Flow MS	289.63%
FCF/CF from Op Ratio				0.86	1.05	0.80	0.84	0.39	0.88	0.74	0.67	0.71	0.87	1.01	#VALUE!	#DIV/0!		8.94%	<-IRR #YR->	9	Free Cash Flow MS	#DIV/0!
Free Cash Flow Yield				0.06	0.06	0.04	0.05	0.03	0.06	0.07	0.07	0.06	0.06	0.07	0.07	0.06		5.78%	<-Median->	10	Free Cash Flow Yield
Dividends paid				$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$23.26	$32.62	$36.06	$36.80	$36.80		#DIV/0!	<-Total Growth	9	Dividends paid
Percentage paid				0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	40.35%	45.95%	48.79%	52.58%	61.13%		$0.00	<-Median->	10	Percentage paid
5 Year Coverage								0.00%	0.00%	0.00%	0.00%	9.61%	18.95%	28.26%	37.65%	49.75%					5 Year Coverage
Dividend Coverage Ratio				$0.00	$0.00	$0.00	$0.00	$0.00	0.00	0.00	0.00	2.48	2.18	2.05	1.90	1.64		0.00	<-Median->	10	Dividend Coverage Ratio
5 Year of Coverage								0.00	0.00	0.00	0.00	10.41	5.28	3.54	2.66	2.01					5 Year of Coverage
								-$18	$0	$0	$0	$0	$71
				-$33	$0	$0	$0	$0	$0	$0	$0	$0	$71
Market Cap in $M	$324.9	$343.6	$501.6	$571.9	$570.5	$755.4	$785.6	$626.6	$747.5	$747.6	$940.7	$1,019.2	$1,116.7	$1,044.9	$1,044.9	$1,044.9		122.60%	<-Total Growth	10	Market Cap	122.60%
Diluted # of Shares in Millions	32.48	32.21	31.58	31.47	30.87	30.02	29.42	26.85	27.47	27.11	26.86	24.43	25.52	24.88	24.88	24.88		-23.73%	<-Total Growth	10	Diluted # of Shares in Million
Change	-3.26%	-0.84%	-1.95%	-0.36%	-1.92%	-2.72%	-2.03%	-8.74%	2.31%	-1.29%	-0.92%	-9.07%	4.50%	-2.53%	0.00%	0.00%		-2.11%	<-IRR #YR->	10	Change
Difference Diluted/Basic	-0.6%	-2.2%	-3.3%	-4.1%	-4.6%	-5.2%	-5.6%	0.0%	-6.1%	-6.2%	-6.7%	0.0%	-6.8%	-6.3%	-6.3%	-6.3%		-1.00%	<-IRR #YR->	5	Difference Diluted/Basic
Change in Diluted Shares per Year
			-31.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	25.5
								-26.8	0.0	0.0	0.0	0.0	25.5
Calc Average #
Basic # of Shares in Millions	32.28	31.50	30.53	30.18	29.46	28.48	27.78	26.85	25.80	25.44	25.07	24.43	23.78	23.32	23.32	23.32		-28.38%	<-Total Growth	10	Basic
Change	-1.91%	-2.42%	-3.06%	-1.17%	-2.38%	-3.33%	-2.45%	-3.36%	-3.91%	-1.39%	-1.45%	-2.56%	-2.64%	-1.96%	0.00%	0.00%		-2.50%	<-Median->	10	Change
Difference Basic/Outstanding	4.85%	4.91%	6.34%	6.53%	6.36%	5.90%	6.28%	5.81%	7.92%	9.05%	7.52%	7.46%	6.09%	6.65%	6.65%	6.65%		6.44%	<-Median->	10	Difference Basic/Outstanding
														$73	<-12 mths	-9.91%			Estimates		last 12 months from Qtr.
Class A	28.872	28.072	27.534	27.368	26.979	26.686	26.304	25.186	24.944	24.845	24.205	23.498	22.492	22.129	22.129	22.129
Common Shares	4.971	4.971	4.935	4.777	4.349	3.469	3.219	3.219	2.895	2.895	2.749	2.749	2.738	2.738	2.738	2.738
# of Share in Millions	33.843	33.043	32.469	32.145	31.328	30.155	29.523	28.405	27.839	27.740	26.954	26.247	25.230	24.867	24.867	24.867		-2.49%	<-IRR #YR->	10	Shares	-22.30%
Change	-0.84%	-2.36%	-1.74%	-1.00%	-2.54%	-3.74%	-2.10%	-3.79%	-1.99%	-0.36%	-2.83%	-2.62%	-3.87%	-1.44%	0.00%	0.00%		-2.34%	<-IRR #YR->	5	Shares	-11.18%
Cash Flow from Operations $M	$21.2	$23.9	$30.7	$38.1	$33.8	$42.5	$44.6	$47.1	$49.1	$71.8	$102.9	$81.2	$81.4	$73.4	<-12 mths			165.48%	<-Total Growth	10	Cash Flow
Increase	24.79%	12.73%	28.32%	24.17%	-11.31%	25.87%	4.99%	5.61%	4.18%	46.18%	43.28%	-21.03%	0.24%	-9.91%	<-12 mths			Why increase	decrease
5 year Running Average		$16.8	$20.7	$26.2	$29.5	$33.8	$37.9	$41.2	$43.4	$51.0	$63.1	$70.4	$77.3	$82.1	<-12 mths			274.11%	<-Total Growth	10	CF 5 Yr Running
CFPS	$0.63	$0.72	$0.94	$1.18	$1.08	$1.41	$1.51	$1.66	$1.76	$2.59	$3.82	$3.09	$3.23	$2.95	<-12 mths			241.65%	<-Total Growth	10	Cash Flow per Share
Increase	25.85%	15.46%	30.59%	25.43%	-8.99%	30.77%	7.24%	9.76%	6.30%	46.70%	47.46%	-18.90%	4.28%	-8.59%	<-12 mths			10.26%	<-IRR #YR->	10	Cash Flow	165.48%
5 year Running Average		$0.49	$0.62	$0.80	$0.91	$1.07	$1.23	$1.37	$1.48	$1.79	$2.27	$2.58	$2.90	$3.14	<-12 mths			11.55%	<-IRR #YR->	5	Cash Flow	72.71%
P/CF on Med Price	16.25	13.51	14.37	14.32	16.44	14.42	17.34	14.36	14.06	8.55	8.19	10.59	13.07	15.42	<-12 mths			13.07%	<-IRR #YR->	10	Cash Flow per Share	241.65%
P/CF on Closing Price	15.32	14.38	16.36	15.02	16.89	17.77	17.60	13.29	15.22	10.41	9.15	12.55	13.72	14.24	<-12 mths			14.22%	<-IRR #YR->	5	Cash Flow per Share	94.45%
															0.39%	Diff M/C		16.72%	<-IRR #YR->	10	CFPS 5 yr Running	369.42%
														$75.76	<-12 mths	-14.56%
Excl.Working Capital CF	-$0.1	$0.9	$1.3	$5.2	$15.5	$8.2	$9.8	$25.4	$16.8	$3.9	$3.4	$16.7	$7.2	$0.0	<-12 mths			16.18%	<-IRR #YR->	5	CFPS 5 yr Running	111.71%
Cash Flow from Operations $M WC	$21.1	$24.8	$32.0	$43.3	$49.3	$50.7	$54.4	$72.6	$65.9	$75.7	$106.3	$98.0	$88.7	$73.4	<-12 mths			177.03%	<-Total Growth	10	Cash Flow less WC
Increase	23.22%	17.27%	29.25%	35.33%	13.85%	2.79%	7.33%	33.42%	-9.15%	14.76%	40.46%	-7.84%	-9.50%	-17.26%	<-12 mths			10.73%	<-IRR #YR->	10	Cash Flow less WC	177.03%
5 year Running Average		$19.7	$22.6	$27.7	$34.1	$40.0	$45.9	$54.1	$58.6	$63.9	$75.0	$83.7	$86.9	$88.4	<-12 mths			4.08%	<-IRR #YR->	5	Cash Flow less WC	22.15%
CFPS Excl. WC	$0.62	$0.75	$0.99	$1.35	$1.57	$1.68	$1.84	$2.56	$2.37	$2.73	$3.94	$3.73	$3.51	$2.95	<-12 mths			14.41%	<-IRR #YR->	10	CF less WC 5 Yr Run	284.16%
Increase	24.27%	20.11%	31.54%	36.69%	16.82%	6.78%	9.63%	38.68%	-7.30%	15.17%	44.55%	-5.36%	-5.85%	-16.06%	<-12 mths			9.96%	<-IRR #YR->	5	CF less WC 5 Yr Run	60.77%
5 year Running Average		$0.57	$0.67	$0.84	$1.06	$1.27	$1.49	$1.80	$2.00	$2.24	$2.69	$3.07	$3.26	$3.37	<-12 mths			13.56%	<-IRR #YR->	10	CFPS - Less WC	256.51%
P/CF on Median Price	16.32	13.04	13.77	12.59	11.26	12.10	14.23	9.33	10.47	8.11	7.93	8.78	12.00	15.42	<-12 mths			6.58%	<-IRR #YR->	5	CFPS - Less WC	37.52%
P/CF on Closing Price	15.39	13.88	15.67	13.20	11.57	14.90	14.44	8.63	11.33	9.88	8.85	10.40	12.60	14.24	<-12 mths			17.07%	<-IRR #YR->	10	CFPS 5 yr Running	383.62%
*Operational Cash Flow.			CF/-WC	P/CF Med	10 yr	14.19	5 yr	10.59	P/CF Med	10 yr	10.87	5 yr	8.78		31.06%	Diff M/C		12.59%	<-IRR #YR->	5	CFPS 5 yr Running	80.96%
			-32.5	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	25.2								Shares
								-28.4	0.0	0.0	0.0	0.0	25.2								Shares
			-$30.7	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$81.4								Cash Flow
								-$47.1	$0.0	$0.0	$0.0	$0.0	$81.4								Cash Flow
			-$0.94	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.23								Cash Flow per Share
								-$1.66	$0.00	$0.00	$0.00	$0.00	$3.23								Cash Flow per Share
			-$0.62	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.90								CFPS 5 yr Running
								-$1.37	$0.00	$0.00	$0.00	$0.00	$2.90								CFPS 5 yr Running
			-$32.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$88.7								Cash Flow less WC
								-$72.6	$0.0	$0.0	$0.0	$0.0	$88.7								Cash Flow less WC
			-$22.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$86.9								CF less WC 5 Yr Run
								-$54.1	$0.0	$0.0	$0.0	$0.0	$86.9								CF less WC 5 Yr Run
			-$0.99	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.51								CFPS - Less WC
								-$2.56	$0.00	$0.00	$0.00	$0.00	$3.51								CFPS - Less WC
			-$0.67	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.26								CFPS 5 yr Running
								-$1.80	$0.00	$0.00	$0.00	$0.00	$3.26								CFPS 5 yr Running
Income Tax Paid	-$0.84	-$2.56	-$3.97	-$6.23	-$9.86	-$10.62	-$11.19	-$10.32	-$8.74	-$12.63	-$21.50	-$23.61	-$15.52
Net Change in NonCash WC	$0.93	$1.70	$2.63	$1.00	-$5.68	$2.45	$1.43	-$15.12	-$8.10	$8.74	$18.07	$6.88	$8.28
Change in Working Capital	$0.1	-$0.9	-$1.3	-$5.2	-$15.5	-$8.2	-$9.8	-$25.4	-$16.8	-$3.9	-$3.4	-$16.7	-$7.2
TD									-$17	-$4	-$3	-$17	-$7
Difference									$0	$0	$0	$0	$0
																		For banks, use Net Income, not CF
OPM Ratio	28.77%	28.11%	30.28%	31.93%	25.41%	29.80%	29.52%	27.49%	26.39%	33.27%	36.08%	40.41%	33.76%	22.63%				11.48%	<-Total Growth	10	OPM
Increase	15.93%	-2.30%	7.74%	5.44%	-20.41%	17.25%	-0.94%	-6.88%	-3.99%	26.06%	8.45%	12.01%	-16.47%	-32.96%					Should increase		or be stable.
Diff from Median	-7%	-9%	-2%	3%	-18%	-3%	-4%	-11%	-14%	8%	17%	31%	9%	-27%				0.00	<-Median->	10	OPM
*Operational Profit Margin (CF/Revenue) Ratio									OPM	10 Yrs	30.86%	5 Yrs	33.76%					should be	zero, it is a		check on calculations
														$69	<-12 mths	-15.51%
EBITDA (Attri. Shareholders)	$21.30	$25.18	$32.31	$42.89	$47.83	$49.55	$52.75	$56.19	$63.21	$70.33	$107.64	$59.85	$82.25	$78.20	$81.50	$89.15		154.58%	<-Total Growth	10	Adjusted EBITDA
Change	17.70%	18.21%	28.29%	32.76%	11.50%	3.60%	6.47%	6.51%	12.51%	11.25%	53.06%	-44.39%	37.41%	-4.92%	4.22%	9.39%		11.38%	<-Median->	10	Change
EBITDA Margin	28.91%	29.62%	31.90%	35.96%	35.98%	34.73%	34.88%	32.76%	33.97%	32.59%	37.76%	29.78%	34.10%	24.13%	20.07%	21.35%		0.34	<-Median->	10	EBITDA Margin
EBITDA per Share	$0.66	$0.78	$1.04	$1.38	$1.56	$1.66	$1.80	$1.99	$2.32	$2.60	$3.61	$2.32	$3.29
Change	20.00%	18.18%	33.33%	32.69%	13.04%	6.41%	8.43%	10.56%	16.58%	12.07%	38.85%	-35.73%	41.81%
Covering Assets	$30.88	$29.88	$577.13	$90.96	$134.91	$214.72	$107.21	$722.16	$837.98	$776.51	$999.10	$847.65	$1,516.43	$1,448.26
Change	75.94%	-3.24%	1831.67%	-84.24%	48.32%	59.15%	-50.07%	573.59%	16.04%	-7.34%	28.67%	-15.16%	78.90%	-4.50%
Debt/Covering Assets	1.82	1.88	0.27	1.24	1.24	1.12	1.07	0.28	0.28	0.25	0.34	0.30	0.16	0.23
Long Term Debt	$56.12	$56.12	$155.46	$113.06	$167.44	$239.48	$114.20	$201.50	$234.41	$197.93	$335.26	$255.54	$245.66	$327.92				58.03%	<-Total Growth	10	Debt	Type
Change	240.12%	0.00%	177.01%	-27.27%	48.10%	43.02%	-52.31%	76.45%	16.33%	-15.56%	69.39%	-23.78%	-3.87%	33.48%				6.23%	<-Median->	10	Change	Lg Term R
Debt/Market Cap Ratio	0.17	0.16	0.31	0.20	0.29	0.32	0.15	0.32	0.31	0.26	0.36	0.25	0.22	0.31				0.28	<-Median->	10	Debt/Market Cap Ratio	Intang/GW
Assets/Current Liabilities Ratio	4.26	4.42	3.51	3.81	3.25	2.85	4.15	3.23	3.25	3.26	2.96	2.68	4.18	3.87				3.25	<-Median->	10	Assets/Current Liab Ratio	Liquidity
Current Liabilities/Asset Ratio	0.23	0.23	0.29	0.26	0.31	0.35	0.24	0.31	0.31	0.31	0.34	0.37	0.24	0.26				0.31	<-Median->	10	Current Liab/Asset Ratio	Liq. + CF
Debt to Cash Flow (Years)	2.65	2.35	5.07	2.97	4.96	5.63	2.56	4.27	4.77	2.76	3.26	3.15	3.02	4.47				3.20	<-Median->	10	Debt to Cash Flow (Years)	Debt Ratio
																						Leverage
Intangibles	$15.30	$19.59	$20.61	$23.79	$28.38	$29.39	$29.58	$120.48	$129.81	$161.19	$168.21	$96.89	$85.39	$85.39				314.29%	<-Total Growth	10	Intangibles	D/E Ratio
Goodwill	$11.11	$11.11	$11.11	$12.30	$15.01	$15.01	$15.01	$34.76	$40.64	$60.23	$66.64	$42.52	$41.63	$41.63				274.64%	<-Total Growth	10	Goodwill
Total	$26.41	$30.71	$31.72	$36.09	$43.39	$44.40	$44.59	$155.24	$170.45	$221.42	$234.86	$139.41	$127.02	$127.02				300.40%	<-Total Growth	10	Total
Change	111.77%	16.27%	3.31%	13.77%	20.23%	2.33%	0.43%	248.16%	9.80%	29.90%	6.07%	-40.64%	-8.89%	0.00%				7.93%	<-Median->	10	Change
Intangible/Market Cap Ratio	0.08	0.09	0.06	0.06	0.08	0.06	0.06	0.25	0.23	0.30	0.25	0.14	0.11	0.12				0.13	<-Median->	10	Intangible/Market Cap Ratio
Current Assets	$72.3	$92.7	$155.5	$168.3	$215.0	$311.7	$209.7	$199.8	$257.4	$282.7	$424.6	$538.9	$262.3	$379.5				68.64%	<-Total Growth	10	Current Assets
Current Liabilities	$110.1	$115.6	$184.0	$193.2	$247.7	$344.3	$219.9	$305.7	$348.2	$353.8	$482.9	$509.5	$414.1	$474.2				125.11%	<-Total Growth	10	Current Liabilities
Liquidity Ratio	0.66	0.80	0.85	0.87	0.87	0.91	0.95	0.65	0.74	0.80	0.88	1.06	0.63	0.80				0.87	<-Median->	10	Ratio
Liq. with CF aft div	0.80	0.96	0.96	1.02	0.97	1.00	1.10	0.76	0.83	0.95	1.05	1.17	0.75	0.88				0.95	<-Median->	5	Liq. with CF aft div
Liq. with CF aft div (WC)	0.81	0.97	0.97	1.05	1.03	1.02	1.14	0.85	0.89	0.97	1.06	1.20	0.79	0.89							Liq. with CF aft div (WC)
Liq. CF re  Inv+Div	0.66	0.96	0.91	0.94	0.88	0.80	0.75	0.47	0.86	0.83	0.91	0.93	0.82	0.87				0.86	<-Median->	5	Liq. CF re  Inv+Div
Curr Long Term Debt	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000	$0.000				$0.0	<-Median->	5	Curr Long Term Debt
Liquidity Less CLTD	0.66	0.80	0.85	0.87	0.87	0.91	0.95	0.65	0.74	0.80	0.88	1.06	0.63	0.80				0.80	<-Median->	5	Liquidity Less CLTD
Liq. with CF aft div	0.80	0.96	0.96	1.02	0.97	1.00	1.10	0.76	0.83	0.95	1.05	1.17	0.75	0.88				0.95	<-Median->	5	Liq. with CF aft div
																		Banks usually have a ratio of 1.04 or 1.05
Assets	$469.5	$510.8	$645.1	$736.8	$804.6	$982.3	$912.5	$988.9	$1,130.0	$1,153.6	$1,428.7	$1,364.8	$1,733.0	$1,837.4				168.66%	<-Total Growth	10	Assets
Liabilities	$142.5	$153.0	$227.3	$244.5	$296.1	$396.8	$271.3	$376.9	$435.8	$435.9	$576.1	$581.9	$490.1	$593.0				115.63%	<-Total Growth	10	Liabilities
Debt Ratio	3.29	3.34	2.84	3.01	2.72	2.48	3.36	2.62	2.59	2.65	2.48	2.35	3.54	3.10				2.64	<-Median->	10	Ratio
Estimates BVPS														$87.20	$92.80	$87.10			Estimates		Estimates BVPS
Estimate Book Value														$2,168.4	$2,307.7	$2,165.9			Estimates		Estimate Book Value
P/B Ratio (Close)														0.48	0.45	0.48			Estimates		P/B Ratio (Close)
Difference from 10 year median															-55.35%	Diff M/C			Estimates		Difference from 10 yr med.
Comment
Book Value	$327.0	$357.8	$417.8	$492.2	$508.5	$585.5	$641.2	$612.0	$694.2	$717.7	$852.6	$782.9	$1,242.9	$1,244.4
Other Equity Interest	$4.4	$4.0	$2.8	$3.4	$4.3	$5.3	$6.8	$12.7	$11.4	$18.1	$14.1	$15.0	$2.1	$0.4
Book Value	$322.6	$353.8	$415.0	$488.8	$504.3	$580.2	$634.4	$599.3	$682.8	$699.6	$838.5	$767.9	$1,240.9	$1,244.0	$1,244.0	$1,244.0		199.01%	<-Total Growth	10	Book Value
Book Value per share	$9.53	$10.71	$12.78	$15.21	$16.10	$19.24	$21.49	$21.10	$24.53	$25.22	$31.11	$29.26	$49.18	$50.03	$50.03	$50.03		284.81%	<-Total Growth	10	Book Value per Share
Increase	-1.27%	12.31%	19.38%	18.98%	5.84%	19.53%	11.69%	-1.82%	16.24%	2.83%	23.35%	-5.96%	68.11%	1.72%	0.00%	0.00%		-24.22%	P/B Ratio		Current/Historical Median
P/B Ratio (Median)	1.07	0.91	1.06	1.12	1.10	1.06	1.22	1.13	1.01	0.88	1.01	1.12	0.86	0.91	0.00	0.00		1.11	P/B Ratio		Historical Median
P/B Ratio (Close)	1.01	0.97	1.21	1.17	1.13	1.30	1.24	1.05	1.09	1.07	1.12	1.33	0.90	0.84	0.84	0.84		14.43%	<-IRR #YR->	10	Book Value per Share	284.81%
Change	12.41%	-3.54%	24.44%	-3.23%	-3.29%	15.08%	-4.89%	-15.57%	4.71%	-2.39%	4.98%	18.31%	-32.20%	-6.67%	0.00%	0.00%		18.44%	<-IRR #YR->	5	Book Value per Share	133.10%
Median 10 year P/B Ratio	1.29	1.29	1.19	1.09	1.08	1.06	1.06	1.06	1.06	1.06	1.06	1.08	1.08	1.03	1.01	0.96		1.06	<-Median->	5	Median 10 year P/B Ratio
Leverage (A/BK)	1.46	1.44	1.55	1.51	1.60	1.69	1.44	1.65	1.65	1.65	1.70	1.78	1.40	1.48				1.65	<-Median->	5	A/BV
Debt/Equity Ratio	0.44	0.43	0.55	0.50	0.59	0.68	0.43	0.63	0.64	0.62	0.69	0.76	0.39	0.48				0.64	<-Median->	5	Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities)									P/B Ratios	10 yr Med	1.08	5 yr Med	1.01		-22.17%	Diff M/C		1.44	Historical		Leverage (A/BK)
			-$12.78	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$49.18
								-$21.10	$0.00	$0.00	$0.00	$0.00	$49.18
														$103.74	<-12 mths	-81.21%			Estimates		last 12 months from Qtr.
Total Comprehensive Income	$0.50	$45.06	$81.49	$87.85	$39.57	$109.89	$81.54	$10.60	$111.79	$38.65	$187.99	-$16.07	$646.18
NCI	$0.73	$0.20	$0.31	$0.60	$0.87	$1.10	$1.50	$5.40	$2.02	$3.02	$6.21	$7.75	$94.02
Shareholders	-$0.24	$44.85	$81.18	$87.25	$38.70	$108.79	$80.05	$5.21	$109.77	$35.63	$181.78	-$23.82	$552.16					580.19%	<-Total Growth	10	Comprehensive Income
Increase	-100.12%	19105.51%	80.98%	7.48%	-55.65%	181.13%	-26.42%	-93.50%	2008.07%	-67.54%	410.15%	-113.10%	2418.54%					410.15%	<-Median->	5	Comprehensive Income
5 Yr Running Average		$74	$91	$83	$50	$72	$79	$64	$69	$68	$82	$62	$171					21.13%	<-IRR #YR->	10	Comprehensive Income	580.19%
ROE	0.0%	12.7%	19.6%	17.8%	7.7%	18.8%	12.6%	0.9%	16.1%	5.1%	21.7%	0.0%	44.5%					154.15%	<-IRR #YR->	5	Comprehensive Income	10504.19%
5Yr Median		12.7%	19.6%	17.8%	12.7%	17.8%	17.8%	12.6%	12.6%	12.6%	12.6%	5.1%	16.1%					6.56%	<-IRR #YR->	10	5 Yr Running Average	88.79%
% Difference from Net Income	0.00%	98.85%	135.76%	135.71%	-12.26%	56.59%	-14.56%	0.00%	-10.85%	-15.88%	-1.34%	0.00%	-1.91%					21.74%	<-IRR #YR->	5	5 Yr Running Average	167.35%
Median Values										Diff	5, 10 yr	-1.6%	-1.9%					16.1%	<-Median->	5	Return on Equity
			-$81.2	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$552.2
								-$5.2	$0.0	$0.0	$0.0	$0.0	$552.2
			-$90.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$171.1
								-$64.0	$0.0	$0.0	$0.0	$0.0	$171.1
Current Liability Coverage Ratio	0.19	0.21	0.17	0.22	0.20	0.15	0.25	0.24	0.19	0.21	0.22	0.19	0.21	0.15							CFO / Current Liabilities
5 year Median	0.19	0.19	0.19	0.19	0.20	0.20	0.20	0.22	0.20	0.21	0.22	0.21	0.21	0.21				0.21	<-Median->	10	Current Liability Cov Ratio
Asset Efficiency Ratio	4.50%	4.85%	4.96%	5.88%	6.13%	5.16%	5.96%	7.34%	5.84%	6.56%	7.44%	7.18%	5.12%	3.99%							CFO / Total Assets
5 year Median	4.31%	4.50%	4.50%	4.85%	4.96%	5.16%	5.88%	5.96%	5.96%	5.96%	6.56%	7.18%	6.56%	6.56%				6.0%	<-Median->	10	Return on Assets
Return on Assets ROA	2.13%	4.42%	5.34%	5.02%	5.48%	7.07%	10.27%	-1.71%	10.90%	3.67%	12.90%	-3.16%	32.48%	5.62%				Net	Income/Assets		Return on Assets
5Yr Median	2.80%	3.25%	3.25%	4.42%	5.02%	5.34%	5.48%	5.48%	7.07%	7.07%	10.27%	3.67%	10.90%	5.62%				6.3%	<-Median->	10	Asset Efficiency Ratio
Return on Equity ROE	3.10%	6.38%	8.30%	7.57%	8.75%	11.97%	14.77%	0.00%	18.03%	6.05%	21.97%	0.00%	45.37%	8.31%				Net Inc/	Shareholders' equity		Return on Equity
5Yr Median	4.03%	4.49%	4.57%	6.38%	7.57%	8.30%	8.75%	8.75%	11.97%	11.97%	14.77%	6.05%	18.03%	8.31%				10.4%	<-Median->	10	Return on Equity
														$103	<-12 mths	-81.64%			Estimates		Last 12 months from Qtr
Net Income	$10.74	$22.76	$34.74	$37.61	$44.98	$70.58	$95.19	-$13.61	$126.46	$46.07	$190.74	-$37.32	$657.10
NCI	$0.73	$0.20	$0.31	$0.60	$0.87	$1.10	$1.50	$3.35	$3.34	$3.71	$6.50	$5.76	$94.17
Shareholders	$10.00	$22.56	$34.43	$37.02	$44.11	$69.48	$93.69	-$16.95	$123.12	$42.36	$184.24	-$43.08	$562.93	$103.4	<-12 mths			1534.90%	<-Total Growth	10	Net Income
Increase	-33.53%	125.49%	52.65%	7.51%	19.15%	57.52%	34.86%	-118.09%	826.29%	-65.60%	334.96%	-123.38%	1406.77%	-81.64%	<-12 mths			EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average		$13.8	$19.3	$23.8	$29.6	$41.5	$55.7	$45.5	$62.7	$62.3	$85.3	$58	$174	$170.0	<-12 mths			32.24%	<-IRR #YR->	10	Net Income	1534.90%
Operating Cash Flow	$21.2	$23.9	$30.7	$38.1	$33.8	$42.5	$44.6	$47.1	$49.1	$71.8	$102.9	$81.2	$81.4					#NUM!	<-IRR #YR->	5	Net Income	3420.72%
Investment Cash Flow	-$15.8	$6.3	-$11.3	-$17.8	-$25.4	-$88.3	-$113.4	-$101.1	$7.5	-$37.5	-$88.0	-$45.5	$124.3					24.61%	<-IRR #YR->	10	5 Yr Running Average	802.86%
Total Accruals	$4.6	-$7.7	$15.0	$16.8	$35.8	$115.3	$162.4	$37.1	$66.5	$8.1	$169.4	-$78.8	$357.2					30.78%	<-IRR #YR->	5	5 Yr Running Average	282.50%
Total Assets	$469.5	$510.8	$645.1	$736.8	$804.6	$982.3	$912.5	$988.9	$1,130.0	$1,153.6	$1,428.7	$1,364.8	$1,733.0						Balance Sheet		Assets
Accruals Ratio	0.98%	-1.50%	2.33%	2.28%	4.44%	11.74%	17.80%	3.75%	5.88%	0.70%	11.86%	-5.77%	20.61%					5.88%	<-Median->	5	Ratio
EPS/CF Ratio (WC)	0.50	0.95	1.13	0.88	0.91	1.38	1.73	0.00	1.90	0.58	1.74	0.00	6.29					1.15	<-Median->	10	EPS/CF Ratio
			-$34.4	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$562.9
								$17.0	$0.0	$0.0	$0.0	$0.0	$562.9
			-$19.3	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$173.9
								-$45.5	$0.0	$0.0	$0.0	$0.0	$173.9
Change in Close	10.98%	8.33%	48.56%	15.15%	2.36%	37.56%	6.23%	-17.10%	21.71%	0.37%	29.50%	11.26%	13.98%	-5.06%	0.00%	0.00%			Count	25	Years of data
up/down							down	down		down		down	up	down					Count	6	24.00%
Meet Prediction?								Yes					yes					% right	Count	2	33.33%
Financial Cash Flow	-$1.9	-$14.2	-$10.6	-$20.7	-$17.3	$63.7	$62.8	$47.5	-$61.1	-$26.7	$1.9	-$54.6	-$185.3						C F Statement		Financial Cash Flow
Total Accruals	$6.5	$6.6	$25.6	$37.5	$53.1	$51.6	$99.6	-$10.4	$127.6	$34.7	$167.5	-$24.2	$542.5								Accruals
Accruals Ratio	1.38%	1.29%	3.97%	5.09%	6.60%	5.25%	10.92%	-1.05%	11.29%	3.01%	11.73%	-1.77%	31.30%					11.29%	<-Median->	5	Ratio
Cash	$3.0	$18.2	$27.7	$27.8	$20.7	$38.0	$31.1	$25.2	$20.5	$28.5	$44.9	$26.5	$50.0	$60.5							Cash
Cash per Share	$0.09	$0.55	$0.85	$0.86	$0.66	$1.26	$1.05	$0.89	$0.74	$1.03	$1.67	$1.01	$1.98	$2.43				$1.03	<-Median->	5	Cash per Share
Percentage of Stock Price	0.93%	5.30%	5.53%	4.86%	3.62%	5.03%	3.96%	4.02%	2.75%	3.81%	4.77%	2.60%	4.48%	5.79%				3.81%	<-Median->	5	% of Stock Price
Notes:
1962 Founded
Sector:
Finance, Financial Services.
What should this stock accomplish?
Would I buy this company and Why.
Why am I following this stock.
I read about this stock some years ago and when I was looking for a new stock to follow, it sounded interesting.
Why I bought this stock.
Dividends
Dividends are paid quarterly in Cycle 1 of January, April, July and October  Dividends are declared in one month for shareholders of record of two month hence and paid in the that month.
For example, the dividends declared on November 9, 2023 was for shareholders of record of January 11, 2024 and paid on January 18, 2024.
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customers, employees, and community and and thereby earn shareholders a reasonable return.
For customers
For employees
For community
For investors
How they make their money.
Guardian Capital Group Ltd is a diversified financial services company. It operates in three reportable segment Investment Management, Wealth Management, and Corporate Activities and Investments.
Shares; '%, Value $M						From	Years	Div. Gth	Tot Ret	Cap Gain	Div.	check		Shares	%, Val $M			Shares	%, Val $M		Update this each year??	Change
Date						2018	5	19.36%	17.63%	14.94%	2.69%	17.63%			2022			Sep 14	2023
Mavroudis, George						2013	10	15.43%	13.24%	11.10%	2.14%	13.24%		0.088	3.22%			0.088	3.22%	C		0.00%
CEO - Shares - Amount						2008	15	15.24%	19.30%	16.46%	2.84%	19.30%			$3.899				$3.702	C
Shares - percentage						2003	20	14.78%	11.51%	9.86%	1.65%	11.51%		0.248	0.98%			0.452	1.82%	A		82.43%
Shares - amount						1998	25	21.34%	10.40%	9.01%	1.39%	10.40%			$10.959				$18.980	A
Options - percentage						1993	30	17.63%	14.30%	12.63%	1.68%	14.30%		0.635	2.52%			0.455	1.83%			-28.32%
Options - amount						1990	33		15.22%	13.56%	1.67%	15.22%			$28.092				$19.116
Yi, Donald														0.000	0.00%			0.000	0.00%	C		#DIV/0!
CFO - Shares - Amount															$0.000				$0.000	C
Shares - percentage														0.000	0.00%			0.000	0.00%	A		#DIV/0!
Shares - amount															$0.000				$0.000	A
Options - percentage														0.041	0.16%			0.045	0.18%			8.59%
Options - amount															$1.822				$1.879
Turner, Matthew Dean														0.003	0.10%			0.003	0.10%	C		0.00%
Officer - Shares - Amount															$0.120				$0.113	C
Shares - percentage														0.019	0.08%			0.020	0.08%	A		2.63%
Shares - amount															$0.842				$0.820	A
Options - percentage														0.049	0.19%			0.053	0.21%			7.22%
Options - amount															$2.169				$2.208
De Mara, Marilyn														0.000	0.00%			0.000	0.00%	C		#DIV/0!
Director - Shares - Amount															$0.000				$0.000	C
Shares - percentage														0.001	0.00%			0.001	0.00%	A		0.00%
Shares - amount															$0.040				$0.038	A
Options - percentage														0.000	0.00%			0.000	0.00%			#DIV/0!
Options - amount															$0.000				$0.000
Christodoulou, A. Michael														0.006	0.22%			0.006	0.22%	C		0.00%
Director - Shares - Amount															$0.266				$0.252	C
Shares - percentage														0.080	0.32%			0.100	0.40%	A		24.12%
Shares - amount															$3.552				$4.186	A
Options - percentage														0.018	0.07%			0.019	0.08%			5.51%
Options - amount															$0.812				$0.813
Anas, James														0.009	0.31%			0.009	0.31%	C		0.00%
Chairman - Shares - Amt															$0.376				$0.357	C
Shares - percentage														0.017	0.07%			0.017	0.07%	A		0.00%
Shares - amount															$0.770				$0.731	A
Options - percentage														0.000	0.00%			0.000	0.00%			#DIV/0!
Options - amount															$0.000				$0.000
Increase in O/S Shares														0.065	0.24%			0.279	1.07%		Average	0.26%
Due to Stock Options															$2.524				$12.349
Book Value															$4.006				$4.485
Insider Buying															-$0.039				-$0.022
Insider Selling															$0.536				$0.000
Net Insider Selling															$0.497				-$0.022
Net Selling % of Market Cap															0.04%				0.00%
Directors																		9
Women																		1	11%
Minorities																		0	0%
Institutions/Holdings																		11	2.25%
Total Shares Held																		0.560	2.25%
Increase/Decrease 3 Mths																		0.319	132.34%
Starting No. of Shares																		0.241
My Stock