Magic Formula Investing

Last Updated: Fri, 03 Feb 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
EATECH 0.34 171 0.22 711.78 2
ANNUM 0.28 63 0.17 24.12 3
TECGUAN 1.86 74 0.14 42.79 4
HENGYUAN 3.79 1137 0.25 19.14 5
LIONIND 0.385 276 26.78 15.07 6
TOMEI 1.1 152 0.22 19.01 7
SYSCORP 0.72 864 2.71 15.67 8
HIBISCS 1.16 2334 0.13 25.16 9
CIHLDG 3.02 489 0.13 21.3 10
HARBOUR 1.08 432 0.11 24.42 11
COASTAL [NS] 2.53 1377 0.15 17.97 12
CAPITALA 0.745 3100 0.1 74.82 13
FPI 3.6 922 0.1 26.8 14
SAMCHEM [NS] 0.71 386 0.11 23.3 15
LAGENDA 1.28 1071 0.14 16.66 16
MBMR 3.53 1379 0.14 16.7 17
PETRONM 4.58 1232 0.14 17.1 18
ALCOM [NS] 0.975 130 0.11 23.67 19
SJC 0.6 116 4.67 12.58 20
CENSOF 0.27 149 0.12 16.44 21
POHUAT 1.38 384 0.13 16.11 22
AYS 0.505 211 0.12 16.01 23
TAKAFUL 3.68 3081 0.1 19.94 24
OSKVI [NS] 0.535 105 0.33 11.96 25
INNO 1.56 745 0.08 35.28 26
SWKPLNT 2.18 610 0.11 16.85 27
YOCB [NS] 1.48 235 0.14 14.29 28
MFCB 3.58 3538 0.11 16.0 29
KEINHIN 2.2 237 0.11 15.65 30
JAYCORP 0.725 199 0.13 14.07 31
SOP 2.6 2314 0.1 17.24 32
HARISON [NS] 6.99 475 0.12 14.93 33
BPPLAS 1.32 371 0.11 14.99 34
LIIHEN 0.865 467 0.12 14.52 35
LITRAK 0.515 278 0.1 16.37 37
SCGM 0.695 134 0.07 180.12 38
HHGROUP 0.48 387 2.01 10.16 39
MAGNI 1.87 811 0.13 12.97 40
ALLIANZ [NS] 13.86 2466 0.21 10.77 41
ARBB 0.14 170 0.24 10.36 42
RCECAP 1.83 1356 0.11 14.81 43
PPHB 0.77 204 0.19 10.73 44
TEXCHEM 2.15 271 0.09 18.02 45
MASTER 2.53 136 0.12 13.23 46
BARAKAH 0.06 60 0.22 10.14 47
TECHNAX 0.03 66 0.06 277.23 48
KPPROP 0.635 254 0.17 10.79 49
MATRIX 1.58 1976 0.17 10.69 50
PRESTAR 0.46 165 0.13 12.15 51
CCK 0.76 478 0.09 15.54 52
MAYBULK [NS] 0.375 375 0.08 19.32 53
HOMERIZ 0.535 247 0.1 14.58 54
MESB 0.47 67 0.2 10.03 55
MHC 0.975 191 0.1 14.64 56
BURSA 6.85 5543 0.07 28.89 57
OKA 0.81 198 0.06 83.31 58
KOSSAN 1.12 2863 0.21 9.68 59
CEPAT 0.695 221 0.1 13.62 60
GASMSIA 3.29 4224 0.06 30.45 61
INSAS [NS] 0.81 561 0.25 9.16 62
OIB 0.935 434 0.14 10.55 63
FAREAST 3.72 2205 0.08 16.24 64
DKSH 4.58 719 0.12 10.96 65
UCHITEC 3.25 1488 0.06 48.67 66
LEONFB [NS] 0.595 202 0.16 9.96 67
KHIND 3.14 132 0.17 9.34 68
KOTRA 6.2 917 0.06 24.93 69
BAT [NS] 12.88 3670 0.06 68.71 70
SCICOM [NS] 1.19 422 0.06 28.24 71