Magic Formula Investing

Last Updated: Tue, 03 Aug 2021 17:01:01

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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Stock Last Price Market Cap EY ROIC Magic Rank Total Score
SUPERMX 3.15 8568 0.3 75.74 1 7.7
COMFORT 1.81 1055 0.25 62.58 2 9.1
CAREPLS 1.7 965 0.24 64.18 3 7.4
KOSSAN 3.24 8284 0.21 74.94 4 10.1
RUBEREX 0.84 769 0.24 45.42 5 8.9
LIONPSIM 0.62 143 1.11 20.99 6 7.6
TOPGLOV 3.82 31349 0.17 101.91 7 9.8
ARBB 0.245 149 0.24 19.67 8 5.2
ANNUM 0.955 71 0.17 22.83 9 7.8
OSKVI [NS] 0.46 90 0.33 15.47 10 9.7
MAA [NS] 0.735 200 0.33 14.7 11 7.1
HENGYUAN 4.22 1266 0.25 15.08 12 7.3
TOMEI [NS] 0.945 130 0.22 15.76 13 8.1
EDARAN 1.06 63 0.17 16.87 14 10.0
CENSOF 0.425 234 0.12 29.72 15 8.3
LAGENDA 1.29 1055 0.14 16.55 16 8.1
AGES 0.095 122 0.28 12.02 17 4.5
MAGNI 2.19 950 0.13 18.34 18 10.7
ALLIANZ [NS] 12.68 2250 0.21 12.6 19 6.0
JAYCORP 1.64 225 0.13 16.98 20 10.3
SCIB 0.66 323 0.11 31.67 21 7.7
INSAS [NS] 0.88 610 0.25 11.82 22 9.9
HARTA 6.8 22664 0.1 72.62 23 9.7
MATRIX 2.02 1519 0.17 12.94 24 11.0
CIHLDG 3.43 555 0.13 17.17 25 9.7
LEONFB [NS] 0.905 308 0.16 13.41 26 6.8
AIRASIA 0.805 3137 0.1 129.63 27 3.8
SAMCHEM [NS] 0.69 375 0.11 23.44 28 9.3
LIIHEN 2.93 527 0.12 15.92 29 8.1
PRLEXUS 0.445 123 0.2 11.15 30 7.3
KUB 0.595 330 0.16 11.78 31 7.6
BPPLAS 1.88 351 0.11 15.64 32 13.1
KHIND 3.0 120 0.17 11.07 33 6.3
HLCAP [NS] 6.03 1579 0.11 19.21 34 9.8
TAKAFUL 4.32 3609 0.1 22.42 35 9.7
KPPROP 0.8 320 0.17 10.79 36 7.7
EUPE 0.815 104 0.42 9.13 37 8.3
POHUAT [NS] 1.35 375 0.13 12.56 38 7.7
FPI 2.82 696 0.1 18.35 39 10.5
PPHB 0.805 151 0.19 9.99 40 10.2
PTARAS 2.49 410 0.12 13.05 41 8.2
RCECAP [NS] 2.7 1044 0.11 16.1 42 9.2
KENANGA [NS] 1.25 916 0.13 12.56 43 7.2
LITRAK 3.64 1939 0.1 17.42 44 7.4
TEKSENG 0.52 180 0.15 10.54 45 6.8
SWKPLNT 2.25 630 0.11 12.5 46 10.2
PRESTAR 1.05 236 0.13 10.7 47 9.4
OIB 0.755 350 0.14 9.85 48 9.0
HARNLEN 0.915 177 0.08 29.88 49 10.9
SERBADK 0.405 1509 0.22 8.46 50 7.7
PERSTIM 3.78 374 0.13 10.16 51 6.2
THHEAVY 0.085 95 0.08 45.57 52 2.6
ASTINO 0.64 315 0.1 12.71 53 7.7
KPOWER 0.755 341 0.08 27.19 54 7.3
MFCB 3.6 3558 0.11 11.64 55 10.6
PETRONM 4.14 1113 0.14 9.4 56 4.6
IJMPLNT [NS] 3.03 2666 0.11 10.56 58 9.8
YOCB 1.0 159 0.14 9.01 59 8.4
ASTRO [NS] 1.08 5631 0.09 15.91 60 8.3
MASTER 1.72 92 0.12 9.81 61 8.3
HOMERIZ 0.55 227 0.1 11.65 62 7.2
NTPM [NS] 0.5 561 0.1 11.79 63 4.5
HARISON [NS] 4.12 280 0.12 9.52 64 7.8
MBMR 3.14 1226 0.14 8.34 65 6.2
MELEWAR 0.515 185 0.18 7.47 66 7.6
LATITUD 1.55 301 0.14 8.05 67 5.7
TSRCAP 0.325 56 0.27 6.74 68 7.4
CHOOBEE 1.9 248 0.14 7.89 69 8.6
ORNA 1.39 104 0.14 8.07 70 7.8
BURSA 7.64 6183 0.07 50.52 71 10.4