Magic Formula Investing

Magic Formula Investing

Last Updated: Fri, 20 Oct 2017 19:14:19

Magic formula investing is a term referring to an investment technique outlined by Joel Greenblatt that uses the principles of value investing.

Greenblatt suggests purchasing 30 'good companies': cheap stocks with a high earnings yield and a high return on capital. He touts the success of his magic formula in his book 'The Little Book that Beats the Market', Joel Greenblatt, citing that it does in fact beat the S&P 500 96% of the time, and has averaged a 17-year annual return of 30.8%

Contributor: Maher Alias.

Stock Last Price Market Cap EY ROIC Magic Rank
LUXCHEM [NS] 0.845 234 26.37 18.4 30
MWE 1.36 313 23.3 18.21 36
MITRA 0.92 616 20.24 12.05 38
POHUAT 2.0 427 15.91 20.88 43
TAMBUN 1.15 495 23.3 17.73 43
HOHUP 0.715 267 17.2 8.94 45
DUFU 1.44 241 15.15 24.88 46
PETRONM 11.24 3035 16.94 27.53 46
LIIHEN 4.07 732 12.86 27.17 48
HENGYUAN [NS] 8.34 2501 16.95 25.89 48
MAGNI 6.92 1125 12.26 27.11 49
MBWORLD 1.6 152 19.64 21.9 50
MATRIX 2.25 1299 17.58 14.7 55
MIECO 1.17 245 12.79 17.17 55
HOMERIZ 0.93 278 11.89 22.17 63
FAJAR 0.845 306 35.27 12.17 67
SUCCESS 3.35 425 17.51 14.0 70
JOHOTIN 1.29 355 13.15 15.37 71
GADANG 1.21 783 16.65 15.91 72
JAYCORP 1.53 209 15.85 14.33 72
BHIC 2.12 526 10.6 16.83 74
AWC 0.97 255 13.13 12.76 75
OKA 1.79 291 12.24 16.87 77
ARANK 1.11 133 12.96 12.67 82
LATITUD [NS] 4.73 459 18.63 12.32 84
SLP 1.88 257 10.74 17.91 88
KEN 0.95 170 24.55 14.25 93
KIMLUN 2.25 697 12.41 12.59 95
FLBHD [NS] 1.48 152 14.86 12.12 96
3A 1.14 493 12.26 14.25 96
ECS 1.39 248 15.44 10.96 97
SOLUTN 0.29 88 9.8 24.15 98
HEVEA 1.72 917 9.78 19.35 99
MFCB 3.54 1349 15.93 10.57 100
WELLCAL 1.42 470 8.5 33.7 100
TOMYPAK [NS] 0.95 93 26.91 0.0 103
OIB 2.45 355 18.8 8.98 105
COMCORP 0.915 127 9.61 8.18 106
IQGROUP 3.31 291 8.44 15.03 107
BJTOTO [NS] 2.45 3304 10.81 16.71 107
SERBADK 2.67 3563 9.35 20.71 107
ATTA 0.91 95 11.95 12.15 110
MBL 1.22 111 13.98 10.22 110
MKH 2.12 1123 18.98 8.71 112
FAVCO 2.76 611 11.73 12.68 113
DANCO 0.505 118 11.47 10.25 113
TGUAN 4.43 555 11.9 12.69 115
ANNJOO 3.78 1904 9.9 8.4 115
ASTINO 1.01 276 16.14 9.45 116
PRLEXUS [NS] 1.22 209 16.67 9.35 116
GKENT [NS] 3.29 1855 8.59 25.89 117
MYCRON 0.765 217 25.22 8.66 118
LYSAGHT [NS] 3.55 147 12.26 12.4 119
SHL 2.83 685 12.77 9.92 120
UMSNGB 1.13 88 13.61 11.47 120
GESHEN 2.38 208 10.66 14.01 122
HIBISCS 0.7 1009 10.1 14.3 123
KUCHAI [NS] 1.48 183 24.52 8.49 123
UOADEV 2.35 3835 9.88 16.98 124
PPHB 0.71 77 29.01 8.76 125
AYS 0.5 189 11.66 6.03 126
JHM 3.08 423 7.67 33.67 127
MPI 13.94 2647 9.1 13.39 130
LEONFB [NS] 0.845 261 12.89 12.0 130
EG 0.74 156 22.39 8.72 132