Magic Formula Investing

Last Updated: Tue, 30 May 2023 17:01:02

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%.

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Disclaimer: Use of the information herein is at one's own risk. The information provided here is not, and must not be construed to be, or form part of, any recommendation, offer or invitation to buy or sell any securities. Some of the information here is exclusively for iSaham clients only.

Stock Last Price Market Cap EY ROIC Magic Rank Total Score
SAPNRG 0.035 559 0.14 109.48 2
SYSCORP 0.545 654 2.71 17.38 3
HENGYUAN 3.17 951 0.25 19.14 4
COASTAL [NS] 2.3 1256 0.15 28.3 5
TECGUAN 1.57 62 0.14 27.77 6
HHGROUP 0.325 278 2.01 13.73 7
SJC 0.47 91 4.67 13.18 8
TOMEI 1.1 152 0.22 15.46 9
CIHLDG 3.27 529 0.13 26.01 10
LITRAK 0.505 274 0.1 549.58 11
HARBOUR 1.19 476 0.11 25.22 12
ALCOM [NS] 0.9 120 0.11 28.88 13
HIBISCS 0.94 1891 0.13 17.59 14
CAPITALA 0.795 3313 0.1 35.35 15
ICON 0.08 216 0.1 27.16 16
LAGENDA 1.23 1029 0.14 13.81 17
EATECH 0.16 80 0.22 12.42 18
HARISON [NS] 9.77 664 0.12 16.17 19
POHUAT 1.29 359 0.13 14.56 20
FPI 2.35 603 0.1 19.25 21
MASTER 2.46 132 0.12 15.24 22
MBMR 3.53 1379 0.14 13.26 23
YOCB 1.42 225 0.14 13.57 24
LIIHEN 0.84 453 0.12 13.93 25
PRLEXUS 0.445 123 0.2 11.34 26
PETRONM 4.58 1232 0.14 13.03 27
ALLIANZ [NS] 14.36 2555 0.21 11.18 28
JAYCORP 0.7 192 0.13 13.05 29
KEINHIN 1.24 133 0.11 14.42 30
PPHB 0.66 175 0.19 11.1 31
MBL 0.525 130 0.08 31.1 32
ASTRO [NS] 0.675 3519 0.09 24.12 33
INNO 1.29 616 0.08 21.7 34
TAKAFUL 3.24 2712 0.1 16.04 35
CCK 0.74 466 0.09 16.79 36
MAGNI 1.82 789 0.13 12.03 37
KPPROP 0.605 242 0.17 10.82 38
SCGM 0.545 105 0.07 271.37 40
GREENYB 0.195 105 0.08 21.01 41
TENAGA 9.62 55344 0.07 43.86 42
DKSH 5.32 835 0.12 11.67 43
INSAS [NS] 0.82 568 0.25 9.47 44
MFCB 3.26 3222 0.11 12.15 45
MATRIX 1.44 1801 0.17 9.83 47
MAYBULK [NS] 0.3 300 0.08 18.02 48
HOMERIZ 0.465 215 0.1 12.74 49
BURSA 6.22 5033 0.07 28.72 50
AYS 0.35 146 0.12 10.67 51
GASMSIA 3.16 4057 0.06 31.78 52
VSTECS 1.39 500 0.08 14.71 53
FAREAST 3.45 2045 0.08 14.74 54
OIB 1.09 506 0.14 9.78 55
KMLOONG 1.83 1773 0.07 18.47 56
UCHITEC 3.34 1531 0.06 52.68 57
POHKONG 0.86 352 0.09 13.09 58
BAT [NS] 10.32 2941 0.06 69.61 59
PERSTIM [NS] 4.4 435 0.13 9.74 60
BPPLAS 1.21 340 0.11 10.12 61
HLFG [NS] 17.76 20370 0.11 10.62 62
ARMADA [NS] 0.645 3817 0.18 7.72 63
KOTRA 5.51 815 0.06 26.52 64
SCICOM [NS] 1.15 408 0.06 28.6 65
KSL 0.845 876 0.18 7.6 66
AMWAY 5.38 882 0.06 32.38 67
WELLCAL 1.13 562 0.06 28.68 68
AMBANK [NS] 3.57 11831 0.12 9.57 69
MARCO [NS] 0.19 200 0.11 10.16 70
CMSB 1.12 1203 0.15 7.68 71
SAMCHEM [NS] 0.535 291 0.11 10.08 72