| 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 | 52 | 1.21 | -1.34% | 9.35% | -10.69% | $8,293.20 | $ (886.64) | 27.72% | 7.81% | 19.92% | $12,887.96 | $ 2,566.84 |
| Aerospace/Defense | 79 | 0.95 | 15.27% | 8.17% | 7.10% | $163,579.17 | $ 11,617.55 | 16.01% | 7.60% | 8.41% | $242,575.93 | $ 20,402.73 |
| Air Transport | 23 | 1.19 | 14.19% | 9.24% | 4.96% | $43,312.80 | $ 2,147.30 | 7.93% | 6.72% | 1.20% | $138,929.42 | $ 1,673.85 |
| Apparel | 35 | 0.94 | 10.42% | 8.12% | 2.30% | $23,344.79 | $ 536.18 | 15.77% | 7.13% | 8.63% | $35,779.42 | $ 3,089.53 |
| Auto & Truck | 33 | 1.46 | 3.16% | 10.45% | -7.29% | $203,196.86 | $ (14,806.22) | 2.25% | 9.38% | -7.13% | $539,547.76 | $ (38,484.22) |
| Auto Parts | 35 | 1.34 | 2.17% | 9.92% | -7.75% | $29,135.77 | $ (2,257.96) | 8.98% | 8.18% | 0.80% | $49,908.39 | $ 398.07 |
| Bank (Money Center) | 15 | 0.76 | 12.86% | 7.34% | 5.52% | $1,117,569.40 | $ 61,645.89 | NA | 4.98% | NA | $2,609,713.24 | #VALUE! |
| Banks (Regional) | 568 | 0.40 | 9.75% | 5.73% | 4.03% | $517,019.13 | $ 20,820.95 | NA | 4.98% | NA | $557,876.07 | #VALUE! |
| Beverage (Alcoholic) | 14 | 0.81 | 0.57% | 7.57% | -7.01% | $27,015.00 | $ (1,892.52) | 15.74% | 6.48% | 9.26% | $34,766.26 | $ 3,219.75 |
| Beverage (Soft) | 27 | 0.64 | 30.92% | 6.81% | 24.10% | $78,835.55 | $ 19,003.02 | 29.03% | 6.33% | 22.70% | $120,456.61 | $ 27,343.61 |
| Broadcasting | 24 | 0.47 | 3.99% | 6.05% | -2.06% | $36,910.61 | $ (761.95) | 14.57% | 5.09% | 9.48% | $55,872.65 | $ 5,296.21 |
| Brokerage & Investment Banking | 32 | 1.17 | 17.77% | 9.17% | 8.59% | $289,585.07 | $ 24,884.65 | NA | 6.08% | NA | $1,298,412.50 | #VALUE! |
| Building Materials | 41 | 1.11 | 16.00% | 8.91% | 7.09% | $57,970.70 | $ 4,110.23 | 20.16% | 7.85% | NA | $65,306.73 | #VALUE! |
| Business & Consumer Services | 155 | 0.89 | 18.20% | 7.91% | 10.29% | $104,188.83 | $ 10,716.21 | 28.30% | 7.23% | 21.06% | $105,710.30 | $ 22,267.01 |
| Cable TV | 9 | 0.74 | 11.06% | 7.25% | 3.81% | $141,152.40 | $ 5,372.40 | 12.06% | 5.20% | 6.86% | $297,385.44 | $ 20,410.37 |
| Chemical (Basic) | 29 | 1.01 | -8.29% | 8.46% | -16.75% | $51,833.06 | $ (8,684.38) | 3.72% | 6.22% | -2.50% | $80,892.32 | $ (2,021.69) |
| Chemical (Diversified) | 4 | 0.85 | -15.30% | 7.74% | -23.05% | $4,271.30 | $ (984.37) | 4.05% | 5.23% | -1.17% | $10,342.83 | $ (121.47) |
| Chemical (Specialty) | 59 | 0.97 | 3.50% | 8.28% | -4.78% | $173,017.04 | $ (8,264.07) | 10.95% | 7.25% | 3.70% | $204,516.65 | $ 7,574.81 |
| Coal & Related Energy | 16 | 1.07 | -2.51% | 8.73% | -11.24% | $7,316.45 | $ (822.36) | -4.76% | 8.41% | -13.17% | $6,770.20 | $ (891.57) |
| Computer Services | 64 | 1.09 | 18.25% | 8.80% | 9.45% | $83,388.97 | $ 7,879.22 | 26.35% | 7.83% | 18.52% | $90,905.77 | $ 16,832.56 |
| Computers/Peripherals | 36 | 1.35 | -0.17% | 9.97% | -10.15% | $114,471.67 | $ (11,614.98) | 44.76% | 9.71% | 35.05% | $325,075.43 | $ 113,949.60 |
| Construction Supplies | 40 | 1.15 | 22.86% | 9.08% | 13.78% | $94,374.16 | $ 13,000.10 | 16.71% | 8.29% | 8.42% | $152,903.98 | $ 12,869.23 |
| Diversified | 20 | 0.88 | 11.37% | 7.88% | 3.49% | $657,734.07 | $ 22,982.44 | 14.82% | 7.30% | 7.53% | $684,745.13 | $ 51,528.70 |
| Drugs (Biotechnology) | 496 | 1.14 | -5.67% | 9.01% | -14.69% | $192,842.11 | $ (28,319.89) | 3.53% | 8.49% | -4.97% | $550,050.00 | $ (27,331.77) |
| Drugs (Pharmaceutical) | 228 | 0.98 | 24.04% | 8.33% | 15.71% | $299,620.04 | $ 47,072.30 | 16.95% | 7.85% | 9.10% | $604,422.45 | $ 55,007.26 |
| Education | 32 | 0.78 | 15.90% | 7.43% | 8.47% | $15,425.89 | $ 1,306.88 | 15.94% | 6.75% | 9.19% | $20,364.74 | $ 1,871.59 |
| Electrical Equipment | 112 | 1.25 | 1.53% | 9.53% | -8.00% | $82,931.29 | $ (6,638.28) | 15.60% | 8.99% | 6.60% | $81,731.74 | $ 5,396.82 |
| Electronics (Consumer & Office) | 8 | 0.87 | -28.81% | 7.81% | -36.62% | $828.49 | $ (303.41) | -8.35% | 7.63% | -15.98% | $1,901.86 | $ (303.86) |
| Electronics (General) | 114 | 0.97 | 12.62% | 8.28% | 4.33% | $88,215.75 | $ 3,822.34 | 17.91% | 7.85% | 10.06% | $93,700.19 | $ 9,423.33 |
| Engineering/Construction | 48 | 1.21 | 26.14% | 9.35% | 16.79% | $37,981.53 | $ 6,377.49 | 25.32% | 8.69% | 16.63% | $38,499.26 | $ 6,403.22 |
| Entertainment | 92 | 0.83 | 6.09% | 7.63% | -1.54% | $188,131.98 | $ (2,892.52) | 12.42% | 7.13% | 5.29% | $213,734.92 | $ 11,313.14 |
| Environmental & Waste Services | 53 | 0.95 | 19.74% | 8.17% | 11.57% | $32,867.51 | $ 3,803.25 | 31.75% | 7.43% | 24.33% | $35,262.81 | $ 8,579.22 |
| Farming/Agriculture | 35 | 1.13 | 12.04% | 8.99% | 3.05% | $72,230.92 | $ 2,206.04 | 7.28% | 7.27% | 0.01% | $160,518.45 | $ 8.18 |
| Financial Svcs. (Non-bank & Insurance) | 176 | 0.97 | 28.82% | 8.27% | 20.54% | $450,298.58 | $ 92,502.12 | NA | 5.00% | #VALUE! | $8,291,784.23 | #VALUE! |
| Food Processing | 78 | 0.61 | 4.60% | 6.66% | -2.06% | $176,462.13 | $ (3,626.51) | 15.95% | 5.79% | 10.16% | $174,015.70 | $ 17,680.56 |
| Food Wholesalers | 13 | 0.87 | 18.22% | 7.82% | 10.41% | $14,914.61 | $ 1,551.94 | 17.84% | 6.53% | 11.30% | $30,089.53 | $ 3,401.58 |
| Furn/Home Furnishings | 27 | 0.82 | 3.11% | 7.62% | -4.51% | $19,055.74 | $ (860.15) | 10.59% | 6.53% | 4.05% | $30,524.31 | $ 1,237.02 |
| Green & Renewable Energy | 15 | 0.86 | -7.36% | 7.77% | -15.13% | $9,468.09 | $ (1,432.18) | 3.64% | 6.04% | -2.41% | $32,517.18 | $ (782.06) |
| Healthcare Products | 204 | 0.91 | 11.26% | 8.00% | 3.26% | $243,709.86 | $ 7,939.63 | 16.98% | 7.54% | 9.44% | $253,637.88 | $ 23,932.89 |
| Healthcare Support Services | 104 | 0.87 | 9.89% | 7.84% | 2.05% | $342,541.92 | $ 7,031.96 | 31.19% | 6.83% | 24.37% | $235,104.56 | $ 57,286.76 |
| Heathcare Information and Technology | 115 | 1.11 | 6.40% | 8.89% | -2.50% | $178,861.51 | $ (4,464.04) | 13.72% | 8.22% | 5.49% | $155,090.91 | $ 8,519.76 |
| Homebuilding | 30 | 0.91 | 14.23% | 8.01% | 6.22% | $112,598.97 | $ 7,003.74 | 14.91% | 7.27% | 7.64% | $119,034.88 | $ 9,091.25 |
| Hospitals/Healthcare Facilities | 31 | 0.80 | 50.84% | 7.52% | 43.32% | $20,826.63 | $ 9,022.04 | 22.16% | 6.19% | 15.98% | $86,479.39 | $ 13,816.67 |
| Hotel/Gaming | 63 | 1.08 | 45.38% | 8.77% | 36.61% | $53,856.02 | $ 19,719.29 | 14.58% | 7.36% | 7.22% | $245,999.60 | $ 17,760.62 |
| Household Products | 110 | 0.82 | 27.02% | 7.59% | 19.43% | $92,207.24 | $ 17,919.55 | 34.42% | 7.03% | 27.39% | $109,028.25 | $ 29,861.18 |
| Information Services | 15 | 0.92 | 14.95% | 8.06% | 6.89% | $17,686.90 | $ 1,218.69 | 22.17% | 7.00% | 15.18% | $18,653.93 | $ 2,831.38 |
| Insurance (General) | 21 | 0.67 | 19.07% | 6.95% | 12.12% | $36,949.14 | $ 4,479.95 | 44.51% | 6.34% | 38.17% | $23,964.03 | $ 9,146.28 |
| Insurance (Life) | 20 | 0.64 | 12.87% | 6.82% | 6.05% | $146,145.70 | $ 8,840.49 | 10.77% | 5.60% | 5.16% | $202,381.11 | $ 10,450.20 |
| Insurance (Prop/Cas.) | 57 | 0.48 | 18.71% | 6.11% | 12.61% | $260,204.94 | $ 32,800.38 | 18.49% | 5.78% | 12.71% | $295,495.77 | $ 37,559.30 |
| Investments & Asset Management | 283 | 0.66 | 15.88% | 6.89% | 8.99% | $232,614.21 | $ 20,909.56 | 14.25% | 6.13% | 8.12% | $343,934.23 | $ 27,937.89 |
| Machinery | 105 | 0.96 | 16.42% | 8.25% | 8.18% | $126,678.01 | $ 10,356.40 | 24.41% | 7.70% | 16.71% | $112,585.87 | $ 18,811.70 |
| Metals & Mining | 73 | 1.04 | 17.79% | 8.60% | 9.19% | $36,047.91 | $ 3,313.68 | 27.04% | 8.20% | 18.85% | $52,216.92 | $ 9,840.92 |
| Office Equipment & Services | 14 | 1.33 | 13.23% | 9.90% | 3.32% | $4,493.67 | $ 149.39 | 18.26% | 7.92% | 10.34% | $7,037.83 | $ 727.74 |
| Oil/Gas (Integrated) | 4 | 0.30 | 9.96% | 5.29% | 4.67% | $451,434.50 | $ 21,092.19 | 8.45% | 5.07% | 3.38% | $532,912.94 | $ 17,986.31 |
| Oil/Gas (Production and Exploration) | 142 | 0.72 | 12.21% | 7.17% | 5.04% | $290,393.75 | $ 14,646.29 | 13.73% | 6.25% | 7.48% | $424,137.58 | $ 31,740.24 |
| Oil/Gas Distribution | 23 | 0.67 | 18.03% | 6.93% | 11.10% | $78,852.77 | $ 8,751.06 | 12.35% | 5.78% | 6.57% | $204,077.03 | $ 13,415.00 |
| Oilfield Svcs/Equip. | 97 | 0.95 | 8.65% | 8.19% | 0.45% | $176,793.67 | $ 801.76 | 11.94% | 7.04% | 4.89% | $240,535.54 | $ 11,772.56 |
| Packaging & Container | 19 | 1.02 | 12.29% | 8.51% | 3.79% | $40,505.41 | $ 1,533.50 | 14.82% | 6.75% | 8.07% | $61,886.55 | $ 4,995.07 |
| Paper/Forest Products | 6 | 0.96 | 7.01% | 8.22% | -1.21% | $5,406.60 | $ (65.36) | 10.41% | 6.93% | 3.49% | $6,411.97 | $ 223.46 |
| Power | 46 | 0.48 | 12.40% | 6.10% | 6.30% | $402,642.00 | $ 25,356.16 | 6.92% | 5.01% | 1.91% | $1,056,586.46 | $ 20,154.72 |
| Precious Metals | 56 | 0.84 | 23.52% | 7.68% | 15.84% | $44,129.15 | $ 6,990.94 | 25.45% | 7.47% | 17.99% | $54,124.79 | $ 9,734.60 |
| Publishing & Newspapers | 19 | 0.56 | 13.83% | 6.46% | 7.37% | $14,219.28 | $ 1,048.49 | 17.63% | 5.95% | 11.69% | $12,153.90 | $ 1,420.27 |
| R.E.I.T. | 190 | 0.64 | 5.04% | 6.81% | -1.77% | $554,313.32 | $ (9,836.11) | 3.20% | 5.32% | -2.11% | $1,440,092.08 | $ (30,451.98) |
| Real Estate (Development) | 14 | 0.84 | 5.06% | 7.71% | -2.65% | $5,141.72 | $ (136.35) | 7.04% | 5.82% | 1.22% | $10,619.45 | $ 129.55 |
| Real Estate (General/Diversified) | 12 | 0.81 | 10.77% | 7.56% | 3.21% | $2,166.50 | $ 69.44 | 5.19% | 6.25% | -1.06% | $3,979.54 | $ (42.00) |
| Real Estate (Operations & Services) | 54 | 0.97 | 3.30% | 8.26% | -4.95% | $40,300.04 | $ (1,995.99) | 5.94% | 7.41% | -1.47% | $49,012.58 | $ (718.40) |
| Recreation | 49 | 1.02 | -12.76% | 8.51% | -21.28% | $20,412.61 | $ (4,342.96) | 8.02% | 6.76% | 1.27% | $49,102.90 | $ 622.03 |
| Reinsurance | 1 | 0.58 | 7.79% | 6.54% | 1.25% | $11,127.00 | $ 138.99 | 10.14% | 5.64% | 4.51% | $11,076.61 | $ 499.44 |
| Restaurant/Dining | 64 | 0.92 | 0.10% | 8.07% | NA | $1,604.25 | NA | 18.36% | 7.16% | 11.20% | $127,944.41 | $ 14,333.40 |
| Retail (Automotive) | 34 | 0.94 | 34.38% | 8.12% | 26.26% | $27,659.40 | $ 7,263.20 | 12.19% | 6.78% | 5.42% | $120,853.45 | $ 6,544.39 |
| Retail (Building Supply) | 14 | 1.54 | NA | 10.80% | #VALUE! | -$5,916.20 | #VALUE! | 34.95% | 9.51% | 25.44% | $84,654.36 | $ 21,535.29 |
| Retail (Distributors) | 62 | 0.95 | 18.33% | 8.18% | 10.15% | $77,771.99 | $ 7,896.75 | 16.11% | 7.22% | 8.90% | $128,842.60 | $ 11,464.83 |
| Retail (General) | 23 | 0.81 | 26.05% | 7.54% | 18.51% | $425,729.09 | $ 78,806.44 | 13.59% | 7.27% | 6.32% | $854,367.01 | $ 54,036.62 |
| Retail (Grocery and Food) | 15 | 1.12 | 12.90% | 8.94% | 3.96% | $28,315.48 | $ 1,121.28 | 6.76% | 7.24% | -0.48% | $61,392.97 | $ (291.93) |
| Retail (REITs) | 26 | 0.62 | 6.36% | 6.72% | -0.35% | $96,009.50 | $ (339.99) | 5.16% | 5.57% | -0.41% | $195,647.08 | $ (804.00) |
| Retail (Special Lines) | 94 | 1.09 | 30.12% | 8.81% | 21.31% | $52,180.83 | $ 11,117.83 | 21.54% | 8.01% | 13.53% | $102,088.82 | $ 13,811.63 |
| Rubber& Tires | 3 | 0.53 | -36.41% | 6.31% | -42.72% | $4,774.50 | $ (2,039.63) | 3.17% | 4.48% | -1.31% | $14,422.50 | $ (189.13) |
| Semiconductor | 66 | 1.52 | 31.36% | 10.72% | 20.64% | $493,315.32 | $ 101,837.78 | 27.23% | 10.55% | 16.68% | $647,009.44 | $ 107,897.54 |
| Semiconductor Equip | 31 | 1.40 | 35.78% | 10.18% | 25.60% | $54,922.91 | $ 14,058.26 | 28.40% | 9.89% | 18.51% | $78,687.04 | $ 14,565.66 |
| Shipbuilding & Marine | 8 | 0.75 | 10.15% | 7.31% | 2.85% | $7,138.83 | $ 203.14 | 11.99% | 6.69% | 5.30% | $8,164.90 | $ 432.64 |
| Shoe | 11 | 1.02 | 19.49% | 8.49% | 11.00% | $19,561.50 | $ 2,152.25 | 20.93% | 8.01% | 12.92% | $23,426.26 | $ 3,027.75 |
| Software (Entertainment) | 77 | 1.03 | 36.51% | 8.54% | 27.97% | $505,868.24 | $ 141,504.41 | 27.02% | 8.44% | 18.57% | $781,520.28 | $ 145,162.86 |
| Software (Internet) | 29 | 1.69 | -1.47% | 11.48% | -12.95% | $23,065.97 | $ (2,987.38) | 3.43% | 10.66% | -7.22% | $48,591.39 | $ (3,510.19) |
| Software (System & Application) | 309 | 1.28 | 29.62% | 9.64% | 19.98% | $547,362.13 | $ 109,368.67 | 29.32% | 9.34% | 19.97% | $707,701.05 | $ 141,358.91 |
| Steel | 19 | 1.06 | 3.68% | 8.69% | -5.01% | $56,642.60 | $ (2,838.43) | 6.72% | 7.76% | -1.04% | $60,009.26 | $ (623.59) |
| Telecom (Wireless) | 12 | 0.54 | 16.06% | 6.35% | 9.71% | $73,001.56 | $ 7,089.41 | 10.37% | 5.48% | 4.89% | $175,093.41 | $ 8,568.39 |
| Telecom. Equipment | 57 | 0.92 | 24.96% | 8.07% | 16.89% | $70,876.79 | $ 11,970.38 | 25.47% | 7.72% | 17.75% | $88,616.51 | $ 15,731.48 |
| Telecom. Services | 39 | 0.63 | 19.82% | 6.75% | 13.06% | $207,174.83 | $ 27,064.15 | 12.04% | 5.39% | 6.65% | $483,635.35 | $ 32,148.77 |
| Tobacco | 10 | 0.79 | NA | 7.49% | #VALUE! | -$11,378.69 | #VALUE! | 63.08% | 6.94% | 56.14% | $39,120.13 | $ 21,962.59 |
| Transportation | 19 | 0.86 | 36.58% | 7.79% | 28.80% | $68,353.46 | $ 19,683.63 | 13.00% | 6.72% | 6.28% | $164,769.08 | $ 10,347.52 |
| Transportation (Railroads) | 4 | 0.98 | 29.07% | 8.30% | 20.77% | $43,670.80 | $ 9,069.69 | 14.24% | 7.27% | 6.97% | $112,060.64 | $ 7,811.84 |
| Trucking | 26 | 1.01 | 7.60% | 8.46% | -0.86% | $42,010.80 | $ (360.41) | 9.30% | 7.52% | 1.78% | $57,828.47 | $ 1,028.06 |
| Utility (General) | 14 | 0.24 | 10.42% | 5.02% | 5.40% | $164,557.40 | $ 8,882.21 | 5.99% | 4.36% | 1.64% | $408,203.67 | $ 6,681.29 |
| Utility (Water) | 14 | 0.41 | 17.21% | 5.79% | 11.42% | $21,486.58 | $ 2,454.16 | 8.96% | 4.93% | 4.03% | $42,998.69 | $ 1,731.43 |
| Total Market | 5994 | 0.91 | 17.21% | 8.02% | 9.19% | $12,847,811.44 | ############ | 8.96% | 6.96% | 1.99% | $30,115,402.17 | $ 599,771.30 |
| Total Market (without financials) | 4822 | 0.99 | 17.60% | 8.37% | 9.23% | $9,797,425.27 | $ 904,382.81 | 15.07% | 7.72% | 7.35% | $16,491,841.00 | $ 1,211,939.24 |