Betas Damodaran Español

Industry Name Tipo de Industrias mber of Fir verage Beta Advertising Publicidad 30 1.43 Aerospace/Defense Aeroespacial / Defensa 66 1.27 Air Transport Transporte Aéreo 44 1.15 Apparel Prendas de vestir 53 1.14 Auto & Truck Auto & Truck 20 1.49 Auto Parts Auto Parts 54 1.56 Bank Banco 477 0.71 Bank (Canadian) Banco (de Canadá) 8 0.86 Bank (Midwest) Banco (Midwest) 39 0.91 Beverage Bebidas 41 0.95 Biotechnology Biotecnología 108 1.25 Building Materials Materiales de Construcción 52 1.39 Cable TV TV por cable 25 1.56 Canadian Energy Canadiense de Energía 12 1.22 Chemical (Basic) Químicos (básicos) 19 1.26 Chemical (Diversified) Química (Diversificado) 33 1.21 Chemical (Specialty) Química (Especialidad) 88 1.18 Coal Carbón 18 1.98 Com Compute uter Sof Softwa tware/S re/Sv vcs Soft Softwa warre de Computa utador dora / Svcs Svcs 322 322 1.22 1.22 Computers/Peripherals Ordenadores / Periféricos 125 1.29 Diversified Co. Diversificada Co. 113 1.25 Drug Drogas 342 1.16 E-Commerce Comercio Electrónico 54 1.5 Educational Services Servicios Educativos 34 0.84 Electric Util. (Central) Util eléctrica. (Centro) 24 0.82 Electric Utility (East) Utilidad eléctrica (Este) 26 0.74 Electric Utility (West) Utilidad eléctrica (Oeste) 16 0.79 Electrical Equipment Equipo Eléctrico 83 1.37 Electronics Electrónica 173 1.31 Entertainment Entretenimiento 84 1.66 Entertainment Tech Entretenimiento Tecnología 33 1.45 Environmental Medio ambiente 79 1.11 Financial Svcs. (Div.) Svcs financiera. (Div.) 296 1.27 Food Processing Procesamiento de Alimentos 109 0.8 Food Wholesalers Mayoristas de Alimentos 18 0.73 For Foreign eign Elec lectro tronics ics Elec lectró trónica ica de Relac lacione iones s Exte Exteri rio ores 10 1.18 1.18 Furn/Home Furnishings Furn / mobiliarios caseros 34 1.29 Grocery Ultramarinos 14 0. 0.84 Healthcare Information Información de salud 29 1.05 Heavy Construction Construcción pesada 14 1.48 Homebuilding De vivienda 32 1.36 Hotel/Gaming Hotel / Juegos 68 1.7 Household Products Productos del hogar 26 1.08 Human Resources Recursos Humanos 31 1.44 Industrial Services Servicios Industriales 167 1.2 Information Services Servicios de Información 34 1.22 Insurance (Life) Seguros (de vida) 35 1.17 Insurance (Prop/Cas.) Seguros (Prop / Cas.) 78 0.91 Internet Internet 208 1.41 Investment Co. Investment Co. 17 0.83

Investment Co.(Foreign) vestment Co. (Relaciones Exteriores Machinery Maquinaria Manuf. Housing/RV La fabricación. Vivienda / RV Maritime Marítima Medical Services Servicios Médicos Medical Supplies Suministros Médicos Metal Fabricating Fabricación de metales Metals & Mining (Div.) Metales y Minería (Div.) Natural Gas (Div.) Gas Natural (Div.) Natural Gas Utility Utilidad de Gas Natural Newspaper Periódicos Office Equip/Supplies Oficina Equip / Suministros Oil/Gas Distribution Petróleo / Gas Distribución Oilfield Svcs/Equip. Oilfield Svcs / Equip. Packaging & Container Envases y contenedores Paper/Forest Products Papel / Productos Forestales Petroleum (Integrated) Petróleo (Integrado) Petroleum (Producing) Petroleum (Producción) Pharmacy Services Servicios de Farmacia Power Poder Precious Metals Metales preciosos Precision Instrument Instrumento de precisión Property Management La gestión de la propiedad Publishing Editorial R.E.I.T. R.E.I.T. Railroad Ferrocarril Recreation Recreación Reinsurance Reaseguro Restaurant Restaurante Retail (Special Lines) Venta al por menor (Líneas Especial) Retail Automotive Venta al por menor Automotriz Retail Building Supply Edificio de suministro al por menor Retail Store Tienda minorista Securities Brokerage Bolsa de Valores Semiconductor Semiconductores Semiconductor Equip Equip de semiconductores Shoe Zapato Steel (General) Acero (General) Steel (Integrated) De acero (Integrado) Telecom. Equipment Telecom. Equipo Telecom. Services Telecom. Servicios Thrift Ahorro Tobacco Tabaco Toiletries/Cosmetics Artículos de higiene / Cosméticos Trucking Camiones Utility (Foreign) Utilidad (Relaciones Exteriores) Water Utility mpresas de Abastecimiento de Agu Wireless Networking Redes Inalámbricas Public/Private Equity Público / privado Funeral Services Servicios Funerarios Grand Total

16 124 18 56 160 252 35 78 34 25 16 26 19 112 33 38 25 188 19 66 75 90 17 27 144 15 64 11 68 155 16 8 38 32 122 16 19 20 14 110 140

23 5 16 57 10 6 6870

1.31 1.39 1.32 1.3 1.1 1.17 1.56 1.69 1.2 0.69 1.16 1.11 0.89 1.56 1.27 1.2 1.34 1.24 0.94 1.63 1.41 1.47 1.38 1.24 1.35 1.25 1.41 0.91 1.26 1.26 1.31 1.01 1.01 1.37 1.81 1.78 1.23 1.71 1.96 1.49 1.43 234 0.66 12 0.71 0.95 33 1.17 1.23 0.86 1.54 2.08 1.41 1.19

rket D/E Rat Tax Rate nlevered Bet sh/Firm Val Beta corrected for cash 126.31% 18.90% 0.71 18.50% 0.87 27.21% 24.10% 1.06 11.65% 1.2 78.21% 23.00% 0.72 16.66% 0.86 44.32% 17.21% 0.83 10.44% 0.93 183.75% 24.36% 0.62 17.82% 0.76 94.19% 19.61% 0.89 19.54% 1.1 91.52% 25.91% 0.43 9.32% 0.47 10.36% 15.08% 0.79 4.60% 0.83 68.98% 26.81% 0.6 9.10% 0.66 19.02% 16.46% 0.82 3.25% 0.85 9.98% 3.59% 1.14 10.62% 1.27 103.11% 18.44% 0.76 5.88% 0.8 88.77% 22.97% 0.92 2.80% 0.95 35.70% 27.82% 0.97 1.82% 0.99 29.11% 19.29% 1.02 7.52% 1.1 26.70% 25.47% 1.01 7.86% 1.1 35.74% 18.99% 0.92 5.81% 0.98 48.02% 10.52% 1.39 3.13% 1.43 7.77% 12.65% 1.15 13.87% 1.33 18.36% 9.90% 1.11 19.90% 1.39 160.98% 20.23% 0.55 9.62% 0.6 14.51% 5.96% 1.02 10.70% 1.14 11.43% 13.09% 1.36 22.76% 1.76 2.22% 20.80% 0.82 7.63% 0.89 107.83% 33.02% 0.48 2.36% 0.49 73.30% 32.09% 0.5 1.36% 0.5 90.70% 30.47% 0.48 2.81% 0.5 23.53% 14.23% 1.14 9.31% 1.26 45.62% 11.87% 0.94 24.12% 1.23 79.23% 17.17% 1 7.87% 1.09 11.54% 13.67% 1.31 43.50% 2.33 49.86% 15.45% 0.78 2.26% 0.8 261.38% 17.93% 0.4 9.97% 0.45 35.15% 21.67% 0.63 3.31% 0.65 59.50% 27.39% 0.51 5.66% 0.54 42.29% 37.04% 0.94 33.20% 1.4 65.75% 23.99% 0.86 8.42% 0.94 13.91% 32.96% 0.77 1.19% 0.78 19.87% 16.47% 0.9 13.72% 1.04 9.49% 34.26% 1.4 19.62% 1.74 162.15% 6.13% 0.54 17.07% 0.65 142.62% 17.97% 0.78 6.66% 0.84 23.21% 29.87% 0.93 2.36% 0.95 18.42% 29.77% 1.28 20.47% 1.61 43.98% 19.26% 0.88 10.12% 0.98 21.88% 20.44% 1.04 16.64% 1.24 21.71% 25.86% 1.01 20.42% 1.27 1.89% 20.26% 0.9 2.22% 0.92 4.07% 7.50% 1.36 18.01% 1.66 14.84% 0.00% 0.72 20.10% 0.9

5.16% 55.77% 50.13% 185.73% 54.66% 13.28% 25.44% 21.94% 58.57% 85.33% 86.43% 60.35% 81.95% 42.35% 84.83% 118.10% 14.67% 37.57% 23.50% 107.88% 11.77% 22.65% 282.91% 137.13% 53.19% 41.53% 62.58% 11.37% 24.97% 26.07% 66.88% 26.35% 30.29% 462.27% 13.32% 13.62% 3.66% 32.18% 64.96% 12.71% 51.32% 9.71% 8.84% 38.50% 126.80% 62.82% 82.79% 36.37% 391.15% 67.25%

2.11% 22.71% 14.98% 7.08% 18.36% 12.51% 20.43% 9.29% 24.19% 24.52% 23.53% 22.76% 9.48% 22.07% 24.65% 13.66% 33.79% 13.98% 21.13% 6.25% 5.94% 14.38% 19.27% 20.73% 1.21% 30.62% 19.12% 8.87% 20.10% 23.08% 34.23% 28.12% 25.68% 22.16% 10.48% 22.03% 30.35% 29.15% 29.90% 12.08% 15.90% 17.04% 20.25% 23.28% 33.19% 15.01% 35.46% 14.08% 6.70% 33.26%

1.24 0.97 0.92 0.48 0.76 1.05 1.29 1.41 0.83 0.42 0.7 0.76 0.51 1.17 0.77 0.6 1.22 0.94 0.79 0.81 1.27 1.23 0.42 0.59 0.88 0.97 0.94 0.82 1.05 1.05 0.91 0.85 0.82 0.3 1.62 1.61 1.2 1.39 1.34 1.34 1 0.61 0.67 0.74 0.63 0.8 0.56 1.17 0.45 0.97

8.72% 10.40% 32.93% 7.94% 15.06% 7.61% 16.61% 5.10% 2.26% 2.20% 2.94% 9.73% 2.27% 7.56% 5.19% 6.15% 6.00% 2.85% 2.38% 14.62% 7.13% 22.69% 9.70% 3.74% 4.13% 2.38% 7.32% 17.91% 3.28% 14.13% 2.13% 1.09% 4.79% 19.25% 23.52% 27.00% 13.98% 9.06% 12.42% 28.43% 5.73% 11.49% 3.10% 7.15% 4.98% 5.51% 0.87% 8.39% 7.49% 4.84%

1.36 1.08 1.38 0.52 0.9 1.13 1.55 1.48 0.85 0.43 0.72 0.84 0.53 1.27 0.81 0.64 1.3 0.97 0.81 0.95 1.37 1.59 0.46 0.62 0.92 0.99 1.01 1 1.09 1.22 0.93 0.86 0.86 0.37 2.11 2.2 1.39 1.53 1.54 1.87 1.06 0.69 0.69 0.79 0.66 0.85 0.57 1.28 0.48 1.02

48.81%

16.67%

0.84

9.28%

0.93