| Industry Name | Number of Firms | Beta | ROE | Cost of Equity | (ROE - COE) | BV of Equity | Equity EVA (US $ millions) | ROC | Cost of Capital | (ROC - WACC) | BV of Capital | EVA (US $ millions) |
| Advertising | 57 | 1.37 | 3.25% | 10.19% | -6.94% | $ 11,509.72 | $ (798.61) | 31.52% | 8.63% | 22.88% | $ 12,877.36 | $ 2,946.59 |
| Aerospace/Defense | 70 | 1.08 | 13.19% | 8.83% | 4.36% | $ 145,775.30 | $ 6,355.83 | 16.17% | 7.81% | 8.35% | $ 195,266.18 | $ 16,313.24 |
| Air Transport | 25 | 1.27 | 21.94% | 9.71% | 12.23% | $ 29,166.65 | $ 3,566.76 | 10.92% | 6.06% | 4.86% | $ 128,863.30 | $ 6,264.12 |
| Apparel | 38 | 1.19 | 9.20% | 9.38% | -0.17% | $ 24,506.87 | $ (42.02) | 15.29% | 7.55% | 7.74% | $ 40,386.78 | $ 3,126.28 |
| Auto & Truck | 34 | 1.52 | 9.37% | 10.88% | -1.51% | $ 175,725.58 | $ (2,657.02) | 5.19% | 9.26% | -4.07% | $ 444,826.24 | $ (18,104.99) |
| Auto Parts | 39 | 1.34 | 5.72% | 10.06% | -4.34% | $ 27,180.35 | $ (1,179.83) | 10.16% | 8.33% | 1.83% | $ 47,964.92 | $ 876.39 |
| Bank (Money Center) | 15 | 1.06 | 14.87% | 8.76% | 6.11% | $ 964,162.60 | $ 58,926.77 | 0.02% | 5.08% | -5.06% | $ 1,742,482.28 | $ (88,228.36) |
| Banks (Regional) | 625 | 0.46 | 12.14% | 6.00% | 6.14% | $ 469,738.45 | $ 28,847.88 | -0.05% | 4.68% | -4.73% | $ 523,503.77 | $ (24,764.41) |
| Beverage (Alcoholic) | 19 | 1.13 | 8.70% | 9.09% | -0.39% | $ 28,920.29 | $ (112.02) | 16.67% | 8.05% | 8.62% | $ 32,663.68 | $ 2,815.85 |
| Beverage (Soft) | 29 | 0.76 | 30.56% | 7.40% | 23.16% | $ 76,558.17 | $ 17,732.62 | 30.65% | 6.87% | 23.78% | $ 100,594.23 | $ 23,921.25 |
| Broadcasting | 22 | 1.06 | -2.16% | 8.76% | -10.92% | $ 47,695.01 | $ (5,206.75) | 12.06% | 5.60% | 6.46% | $ 65,469.71 | $ 4,229.54 |
| Brokerage & Investment Banking | 27 | 1.12 | 10.41% | 9.03% | 1.38% | $ 272,407.91 | $ 3,758.17 | 0.13% | 5.41% | -5.28% | $ 816,085.69 | $ (43,122.97) |
| Building Materials | 44 | 1.32 | 21.35% | 9.94% | 11.41% | $ 48,590.02 | $ 5,545.47 | 25.27% | 9.00% | 16.27% | $ 56,707.55 | $ 9,224.32 |
| Business & Consumer Services | 162 | 1.02 | 14.00% | 8.58% | 5.42% | $ 97,425.43 | $ 5,276.44 | 27.45% | 7.86% | 19.60% | $ 91,970.37 | $ 18,022.39 |
| Cable TV | 10 | 1.28 | 19.47% | 9.75% | 9.71% | $ 121,752.60 | $ 11,826.44 | 11.31% | 6.76% | 4.55% | $ 285,340.31 | $ 12,992.90 |
| Chemical (Basic) | 32 | 1.10 | 8.89% | 8.92% | -0.03% | $ 51,211.75 | $ (14.45) | 11.81% | 7.32% | 4.49% | $ 79,890.35 | $ 3,585.41 |
| Chemical (Diversified) | 4 | 1.13 | -2.36% | 9.09% | -11.45% | $ 5,585.68 | $ (639.76) | 1.57% | 6.93% | -5.36% | $ 10,217.08 | $ (547.22) |
| Chemical (Specialty) | 68 | 1.09 | 14.94% | 8.88% | 6.06% | $ 160,635.71 | $ 9,736.63 | 13.51% | 7.81% | 5.70% | $ 189,718.83 | $ 10,804.68 |
| Coal & Related Energy | 18 | 1.27 | 29.07% | 9.73% | 19.34% | $ 5,650.72 | $ 1,093.06 | 29.50% | 8.67% | 20.82% | $ 7,051.87 | $ 1,468.39 |
| Computer Services | 72 | 1.00 | 18.77% | 8.47% | 10.30% | $ 68,954.56 | $ 7,105.69 | 24.17% | 7.42% | 16.75% | $ 82,057.55 | $ 13,744.51 |
| Computers/Peripherals | 36 | 1.13 | 0.00% | 9.09% | -9.09% | $ 84,323.97 | $ (7,667.31) | 37.80% | 8.79% | 29.01% | $ 312,766.00 | $ 90,732.68 |
| Construction Supplies | 45 | 1.13 | 27.11% | 9.07% | 18.04% | $ 77,508.63 | $ 13,985.34 | 20.16% | 8.03% | 12.13% | $ 134,689.62 | $ 16,339.82 |
| Diversified | 23 | 1.19 | 15.87% | 9.38% | 6.49% | $ 527,487.48 | $ 34,241.22 | 20.40% | 8.51% | 11.88% | $ 566,420.61 | $ 67,295.14 |
| Drugs (Biotechnology) | 572 | 1.12 | -11.59% | 9.05% | -20.64% | $ 193,793.14 | $ (39,994.01) | 1.56% | 8.34% | -6.78% | $ 464,730.81 | $ (31,524.99) |
| Drugs (Pharmaceutical) | 245 | 1.03 | 17.32% | 8.60% | 8.72% | $ 321,589.96 | $ 28,032.30 | 13.38% | 8.05% | 5.33% | $ 569,991.96 | $ 30,378.68 |
| Education | 31 | 1.23 | 1.67% | 9.52% | -7.84% | $ 15,229.70 | $ (1,194.19) | 5.93% | 8.58% | -2.65% | $ 15,271.97 | $ (405.27) |
| Electrical Equipment | 103 | 1.24 | 23.70% | 9.59% | 14.11% | $ 60,196.40 | $ 8,496.35 | 13.27% | 8.61% | 4.66% | $ 63,964.34 | $ 2,980.31 |
| Electronics (Consumer & Office) | 13 | 1.30 | -6.63% | 9.84% | -16.46% | $ 2,969.91 | $ (488.98) | 0.95% | 8.90% | -7.95% | $ 3,862.68 | $ (307.11) |
| Electronics (General) | 129 | 0.93 | 8.80% | 8.18% | 0.62% | $ 72,980.09 | $ 453.55 | 15.11% | 7.54% | 7.58% | $ 81,592.19 | $ 6,183.28 |
| Engineering/Construction | 43 | 0.96 | 6.41% | 8.30% | -1.89% | $ 35,451.97 | $ (669.18) | 12.58% | 7.37% | 5.22% | $ 43,830.23 | $ 2,286.38 |
| Entertainment | 98 | 0.99 | -0.27% | 8.45% | -8.73% | $ 197,999.35 | $ (17,280.85) | 7.56% | 7.46% | 0.09% | $ 216,181.12 | $ 204.08 |
| Environmental & Waste Services | 57 | 0.91 | 21.01% | 8.05% | 12.96% | $ 27,942.30 | $ 3,621.16 | 29.94% | 7.29% | 22.65% | $ 31,694.28 | $ 7,179.71 |
| Farming/Agriculture | 42 | 0.99 | 27.51% | 8.44% | 19.07% | $ 67,383.33 | $ 12,850.42 | 17.93% | 7.06% | 10.87% | $ 142,202.78 | $ 15,456.64 |
| Financial Svcs. (Non-bank & Insurance) | 172 | 1.14 | 22.36% | 9.14% | 13.22% | $ 363,673.48 | $ 48,081.27 | 0.88% | 4.99% | -4.11% | $ 8,121,027.75 | $ (333,538.68) |
| Food Processing | 82 | 0.61 | 10.10% | 6.67% | 3.44% | $ 170,785.63 | $ 5,867.16 | 17.23% | 5.95% | 11.29% | $ 167,062.46 | $ 18,853.67 |
| Food Wholesalers | 14 | 0.97 | 21.11% | 8.32% | 12.79% | $ 13,084.64 | $ 1,673.80 | 14.96% | 6.93% | 8.03% | $ 28,413.05 | $ 2,281.77 |
| Furn/Home Furnishings | 31 | 1.11 | -6.53% | 8.97% | -15.50% | $ 20,731.89 | $ (3,213.23) | 10.31% | 7.31% | 3.00% | $ 30,825.88 | $ 926.11 |
| Green & Renewable Energy | 17 | 1.11 | 10.68% | 8.97% | 1.70% | $ 10,401.40 | $ 177.27 | 4.15% | 6.07% | -1.92% | $ 36,493.98 | $ (699.67) |
| Healthcare Products | 230 | 1.06 | 8.31% | 8.77% | -0.46% | $ 218,029.30 | $ (1,002.43) | 13.08% | 8.23% | 4.85% | $ 223,053.44 | $ 10,817.30 |
| Healthcare Support Services | 119 | 1.03 | 15.62% | 8.63% | 6.99% | $ 321,931.98 | $ 22,503.83 | 45.74% | 7.61% | 38.13% | $ 173,150.60 | $ 66,023.62 |
| Heathcare Information and Technology | 128 | 1.27 | 5.18% | 9.74% | -4.57% | $ 171,575.33 | $ (7,834.49) | 14.28% | 8.95% | 5.33% | $ 149,060.59 | $ 7,945.84 |
| Homebuilding | 32 | 1.37 | 22.88% | 10.18% | 12.70% | $ 91,679.47 | $ 11,646.31 | 20.91% | 9.28% | 11.62% | $ 110,375.06 | $ 12,830.16 |
| Hospitals/Healthcare Facilities | 32 | 0.88 | 61.97% | 7.93% | 54.04% | $ 11,469.83 | $ 6,198.25 | 20.16% | 6.10% | 14.05% | $ 74,021.77 | $ 10,403.65 |
| Hotel/Gaming | 68 | 1.34 | 35.87% | 10.06% | 25.81% | $ 54,485.20 | $ 14,062.27 | 9.99% | 8.02% | 1.97% | $ 240,249.27 | $ 4,741.25 |
| Household Products | 93 | 0.84 | 26.98% | 7.76% | 19.22% | $ 88,515.31 | $ 17,015.35 | 31.17% | 7.23% | 23.94% | $ 108,061.53 | $ 25,873.57 |
| Information Services | 18 | 0.93 | 8.43% | 8.16% | 0.27% | $ 14,870.95 | $ 39.78 | 22.74% | 7.02% | 15.72% | $ 16,448.75 | $ 2,586.11 |
| Insurance (General) | 21 | 1.03 | 13.52% | 8.63% | 4.89% | $ 69,638.75 | $ 3,406.88 | 15.65% | 7.64% | 8.01% | $ 89,243.68 | $ 7,151.35 |
| Insurance (Life) | 23 | 0.77 | 1.32% | 7.40% | -6.08% | $ 117,535.50 | $ (7,144.38) | 0.11% | 5.68% | -5.57% | $ 230,837.17 | $ (12,863.42) |
| Insurance (Prop/Cas.) | 50 | 0.74 | 10.36% | 7.28% | 3.08% | $ 154,134.40 | $ 4,745.18 | 11.12% | 6.72% | 4.40% | $ 188,262.06 | $ 8,288.75 |
| Investments & Asset Management | 334 | 0.46 | 13.78% | 5.98% | 7.80% | $ 196,474.45 | $ 15,327.78 | 6.16% | 5.23% | 0.93% | $ 288,325.11 | $ 2,682.01 |
| Machinery | 103 | 1.03 | 19.02% | 8.60% | 10.42% | $ 96,084.68 | $ 10,014.71 | 24.91% | 7.91% | 17.00% | $ 99,932.04 | $ 16,988.60 |
| Metals & Mining | 68 | 0.96 | 12.17% | 8.31% | 3.86% | $ 32,171.74 | $ 1,241.34 | 24.03% | 7.72% | 16.31% | $ 43,185.78 | $ 7,041.75 |
| Office Equipment & Services | 17 | 1.14 | 2.66% | 9.12% | -6.46% | $ 5,611.72 | $ (362.38) | 12.93% | 7.29% | 5.63% | $ 8,956.64 | $ 504.60 |
| Oil/Gas (Integrated) | 4 | 0.67 | 19.85% | 6.96% | 12.89% | $ 364,041.30 | $ 46,913.33 | 17.04% | 6.61% | 10.42% | $ 425,338.58 | $ 44,341.28 |
| Oil/Gas (Production and Exploration) | 166 | 0.93 | 31.09% | 8.16% | 22.94% | $ 236,892.34 | $ 54,336.63 | 28.41% | 7.34% | 21.07% | $ 326,418.68 | $ 68,771.18 |
| Oil/Gas Distribution | 24 | 0.79 | 42.41% | 7.52% | 34.89% | $ 57,495.83 | $ 20,059.50 | 20.60% | 5.99% | 14.61% | $ 173,972.01 | $ 25,421.36 |
| Oilfield Svcs/Equip. | 100 | 0.98 | 29.65% | 8.39% | 21.26% | $ 157,516.12 | $ 33,489.48 | 28.02% | 7.27% | 20.75% | $ 211,366.44 | $ 43,853.17 |
| Packaging & Container | 22 | 1.13 | 8.54% | 9.09% | -0.55% | $ 49,084.58 | $ (268.72) | 14.21% | 7.09% | 7.13% | $ 84,525.26 | $ 6,024.58 |
| Paper/Forest Products | 7 | 1.94 | 15.17% | 12.80% | 2.37% | $ 2,510.51 | $ 59.49 | 18.90% | 10.35% | 8.55% | $ 4,607.87 | $ 393.92 |
| Power | 50 | 0.65 | 8.60% | 6.87% | 1.73% | $ 381,419.98 | $ 6,600.39 | 5.78% | 5.19% | 0.59% | $ 937,367.76 | $ 5,570.18 |
| Precious Metals | 61 | 0.87 | -2.33% | 7.88% | -10.21% | $ 36,643.35 | $ (3,741.79) | 4.69% | 7.37% | -2.67% | $ 39,758.84 | $ (1,063.29) |
| Publishing & Newspapers | 21 | 0.96 | 3.40% | 8.30% | -4.90% | $ 14,307.16 | $ (701.67) | 13.86% | 7.20% | 6.66% | $ 13,309.23 | $ 886.84 |
| R.E.I.T. | 193 | 1.03 | 4.57% | 8.63% | -4.05% | $ 510,121.50 | $ (20,675.27) | 2.98% | 6.31% | -3.33% | $ 1,324,719.21 | $ (44,082.29) |
| Real Estate (Development) | 17 | 0.67 | -8.54% | 6.96% | -15.49% | $ 5,187.76 | $ (803.77) | 2.93% | 5.43% | -2.50% | $ 10,173.27 | $ (254.73) |
| Real Estate (General/Diversified) | 11 | 0.56 | 9.11% | 6.47% | 2.64% | $ 2,250.80 | $ 59.35 | 5.31% | 5.83% | -0.52% | $ 3,254.92 | $ (16.85) |
| Real Estate (Operations & Services) | 60 | 1.08 | -8.27% | 8.85% | -17.12% | $ 36,083.08 | $ (6,176.88) | 0.07% | 7.30% | -7.23% | $ 65,689.25 | $ (4,748.98) |
| Recreation | 55 | 1.17 | 2.56% | 9.27% | -6.71% | $ 21,765.25 | $ (1,459.42) | 9.54% | 7.25% | 2.28% | $ 48,130.41 | $ 1,098.99 |
| Reinsurance | 1 | 0.66 | 31.23% | 6.89% | 24.34% | $ 3,653.00 | $ 889.17 | 30.12% | 5.84% | 24.27% | $ 4,433.31 | $ 1,076.07 |
| Restaurant/Dining | 64 | 1.19 | NA | 9.38% | NA | $ (8,744.50) | NA | 19.56% | 8.24% | 11.32% | $ 101,216.67 | $ 11,458.14 |
| Retail (Automotive) | 30 | 1.49 | 47.33% | 10.75% | 36.57% | $ 24,039.68 | $ 8,792.24 | 13.20% | 8.22% | 4.98% | $ 98,664.70 | $ 4,908.59 |
| Retail (Building Supply) | 16 | 1.94 | NA | 12.80% | #VALUE! | $ (7,615.70) | #VALUE! | 39.43% | 11.30% | 28.12% | $ 77,349.56 | $ 21,752.69 |
| Retail (Distributors) | 62 | 1.11 | 25.45% | 8.97% | 16.48% | $ 57,614.43 | $ 9,497.06 | 18.61% | 7.71% | 10.90% | $ 106,942.66 | $ 11,655.41 |
| Retail (General) | 26 | 1.25 | 19.55% | 9.61% | 9.94% | $ 278,119.91 | $ 27,632.41 | 9.89% | 8.93% | 0.96% | $ 728,871.73 | $ 7,032.11 |
| Retail (Grocery and Food) | 14 | 0.49 | 14.78% | 6.15% | 8.63% | $ 21,462.01 | $ 1,851.53 | 10.99% | 5.31% | 5.68% | $ 56,521.99 | $ 3,208.10 |
| Retail (REITs) | 28 | 1.12 | 6.52% | 9.04% | -2.51% | $ 84,524.40 | $ (2,124.04) | 4.46% | 6.94% | -2.48% | $ 180,918.67 | $ (4,489.78) |
| Retail (Special Lines) | 105 | 1.18 | 9.64% | 9.31% | 0.33% | $ 72,300.00 | $ 238.16 | 13.50% | 7.85% | 5.65% | $ 154,307.36 | $ 8,711.16 |
| Rubber& Tires | 3 | 0.67 | -10.00% | 6.98% | -16.98% | $ 5,142.00 | $ (873.16) | 3.12% | 4.76% | -1.64% | $ 14,054.50 | $ (229.81) |
| Semiconductor | 63 | 1.50 | 12.61% | 10.76% | 1.85% | $ 388,959.90 | $ 7,210.41 | 11.37% | 10.36% | 1.01% | $ 513,006.61 | $ 5,161.42 |
| Semiconductor Equip | 30 | 1.53 | 32.89% | 10.91% | 21.98% | $ 44,503.17 | $ 9,782.66 | 25.68% | 10.40% | 15.29% | $ 70,041.39 | $ 10,707.16 |
| Shipbuilding & Marine | 8 | 0.81 | 7.82% | 7.61% | 0.21% | $ 7,399.47 | $ 15.35 | 9.24% | 6.74% | 2.50% | $ 9,001.66 | $ 224.69 |
| Shoe | 13 | 1.29 | 29.90% | 9.82% | 20.08% | $ 22,999.40 | $ 4,618.73 | 24.04% | 9.34% | 14.70% | $ 32,574.90 | $ 4,789.51 |
| Software (Entertainment) | 84 | 1.11 | 23.26% | 8.98% | 14.28% | $ 403,869.63 | $ 57,662.96 | 19.94% | 8.83% | 11.12% | $ 620,525.09 | $ 68,991.60 |
| Software (Internet) | 35 | 1.62 | -14.54% | 11.31% | -25.85% | $ 28,399.86 | $ (7,342.68) | -0.48% | 10.59% | -11.07% | $ 45,334.05 | $ (5,019.90) |
| Software (System & Application) | 351 | 1.29 | 24.44% | 9.83% | 14.61% | $ 397,835.59 | $ 58,122.18 | 23.22% | 9.49% | 13.73% | $ 551,977.67 | $ 75,797.56 |
| Steel | 29 | 1.13 | 22.19% | 9.06% | 13.13% | $ 64,527.00 | $ 8,474.59 | 22.18% | 8.18% | 14.00% | $ 71,465.37 | $ 10,005.69 |
| Telecom (Wireless) | 13 | 1.09 | 9.74% | 8.88% | 0.86% | $ 79,880.30 | $ 685.16 | 6.55% | 6.98% | -0.43% | $ 182,664.71 | $ (787.34) |
| Telecom. Equipment | 66 | 1.08 | 24.55% | 8.85% | 15.70% | $ 65,282.66 | $ 10,249.51 | 28.18% | 8.33% | 19.85% | $ 79,287.97 | $ 15,736.91 |
| Telecom. Services | 42 | 0.78 | -0.34% | 7.49% | -7.83% | $ 234,506.50 | $ (18,369.91) | 11.80% | 5.56% | 6.24% | $ 473,948.44 | $ 29,562.05 |
| Tobacco | 16 | 1.22 | NA | 9.51% | #VALUE! | $ (12,408.01) | #VALUE! | 80.36% | 8.03% | 72.33% | $ 28,188.70 | $ 20,387.87 |
| Transportation | 36 | 1.26 | 28.27% | 9.67% | 18.60% | $ 61,480.38 | $ 11,434.20 | 15.48% | 8.25% | 7.23% | $ 140,915.68 | $ 10,188.11 |
| Transportation (Railroads) | 4 | 1.02 | 31.68% | 8.56% | 23.12% | $ 38,214.60 | $ 8,834.64 | 14.26% | 7.46% | 6.80% | $ 104,364.50 | $ 7,094.64 |
| Trucking | 22 | 1.15 | 12.97% | 9.16% | 3.81% | $ 37,419.00 | $ 1,426.42 | 12.75% | 8.27% | 4.48% | $ 49,031.42 | $ 2,194.48 |
| Utility (General) | 14 | 0.58 | 11.15% | 6.55% | 4.60% | $ 147,119.20 | $ 6,772.91 | 6.47% | 5.09% | 1.38% | $ 349,037.00 | $ 4,812.93 |
| Utility (Water) | 13 | 0.71 | 15.98% | 7.16% | 8.81% | $ 17,109.90 | $ 1,508.23 | 8.41% | 6.03% | 2.37% | $ 35,556.56 | $ 843.37 |
| Total Market | 6481 | 1.00 | 15.98% | 8.48% | 7.50% | ############# | $ 837,826.96 | 8.41% | 7.00% | 1.40% | $ 26,576,957.82 | $ 373,345.48 |
| Total Market (without financials) | 5214 | 1.10 | 16.59% | 8.93% | 7.66% | $ 8,566,043.06 | $ 656,497.11 | 14.67% | 7.99% | 6.68% | $ 14,577,190.31 | $ 974,198.57 |