Morningstar

US Market Fair Value

Market valuation is derived from the median price/fair value of constituent companies, as evaluated by Morningstar analysts.

Most Undervalued Small Cap Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
Clarivate PLC Ordinary Shares CLVT	$1.82	$5.50 High	0.33
CV Holdings Inc CVHL	$3.99	$10.00 High	0.40
Lululemon Athletica Inc LULU	$104.59	$255.00 High	0.41
LOCK\|@#<P$ ^G&^?@!%<?<kb $Hsg CXQK	$78.26	$187.00 High	0.42
LOCK\|q$>X kfb&?h QPKY	$20.21	$42.00 Medium	0.48
LOCK\|hz& @^>h QKNY	$17.75	$36.00 High	0.49

Most Overvalued Small Cap Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
Charles River Laboratories International Inc CRL	$358.84	$145.00 High	2.47
Fortrea Holdings Inc FTRE	$24.43	$13.50 High	1.81
MSC Industrial Direct Co Inc Class A MSM	$118.38	$73.00 Medium	1.62
LOCK\|?!C# @q&#fw@! hDV$ZL LTLZ	$261.94	$170.00 High	1.54
LOCK\|@x>H Mg>n JQPRZV	$76.25	$50.00 High	1.53
LOCK\|> ?!L#TkSvxt cJ!^n^Q @Nf GVTJG	$108.47	$74.00 High	1.47

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