Magic Formula Investing

Magic Formula Investing

Last Updated: Wed, 24 Apr 2019 17:39:43

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
KIMLUN* 1.4 463 14.23 8.14 75 8.4
KOBAY 1.4 142 12.48 9.37 76 8.3
PCHEM 9.03 72240 7.33 15971.64 77 11.6
HARBOUR* 0.7 280 16.45 7.36 78 6.3
PERSTIM* 4.9 485 10.35 12.12 79 8.3
UMSNGB 0.97 77 14.19 8.01 80 6.7
YSPSAH* 2.86 394 12.73 8.65 81 9.2
KEN 0.685 130 24.57 6.01 82 7.4
KGB* 1.38 391 8.67 15.33 83 12.2
MBL 1.23 125 11.83 9.81 84 7.4
FIMACOR* 1.89 463 12.29 9.28 85 6.7
OKA 0.72 176 12.61 8.62 86 8.3
COMPLET 0.775 96 16.08 7.14 87 7.5
TAKAFUL 5.53 4556 7.4 29.14 88 17.2
GCB [NS]* 4.03 1934 8.42 15.98 89 13.2
OIB* 2.03 312 13.32 7.76 90 5.9
ENGKAH 1.0 70 11.71 9.07 91 4.1
KFIMA* 1.65 465 22.56 5.7 92 6.1
SHL* 2.46 595 13.08 7.69 93 7.8
UNIMECH 1.1 173 17.27 6.41 94 8.2
VIZIONE* 1.02 570 10.54 10.23 95 10.3
FIAMMA* 0.48 253 17.17 6.04 97 5.2
SLP [NS]* 1.28 404 8.41 13.93 98 11.5
TENAGA 12.34 70165 6.47 24583.26 99 5.9
CABNET 0.29 51 10.19 9.71 100 7.8
RHBBANK [NS] 5.79 23217 10.09 9.51 101 12.0
SKPRES* 1.4 1750 7.16 18.52 102 9.6
WELLCAL* 1.29 641 6.74 30.21 103 11.2
CWG 0.42 52 14.91 6.18 104 3.8
FRONTKN* 1.33 1400 7.22 17.61 105 11.0
HUPSENG* 0.99 792 6.78 27.14 106 5.3
FAJAR 0.475 177 26.84 4.67 107 7.4
MARCO [NS] 0.12 126 12.33 7.39 108 4.3
MUHIBAH* 2.87 1386 10.16 8.81 109 7.6
SAM* 8.23 1111 8.06 12.84 110 15.1
REXIT [NS] 0.69 130 6.85 22.34 111 7.8
ORNA 1.02 76 16.64 5.46 112 7.6
ORIENT [NS] 6.8 4216 12.55 6.7 113 9.3
CHOOBEE 1.64 214 19.66 4.78 114 6.0
MPI [NS] 10.0 2090 8.96 9.91 115 7.6
LEONFB 0.5 155 12.97 6.48 116 3.4
BAT [NS] 36.6 10431 6.1 111.88 117 11.3
AJIYA 0.54 164 14.23 6.0 118 3.9
CBIP* 1.13 607 17.49 5.07 119 5.7
EUPE 0.71 90 36.52 4.16 120 7.5
ATAIMS* 1.79 2053 6.8 17.86 121 10.5
ELSOFT* 0.99 658 6.14 35.31 122 8.3
FREIGHT 0.615 171 16.3 5.3 123 7.5
KOTRA* 1.66 237 8.48 10.51 124 8.7
TUNEPRO [NS]* 0.7 525 9.8 8.6 125 5.8
RHONEMA [NS] 0.75 136 9.71 8.63 126 6.3
CCM* 2.1 350 15.57 5.4 127 8.4
MUDA* 1.87 570 12.17 6.75 128 8.3
TAGB [NS]* 0.245 1303 30.08 4.05 129 3.2
KARYON 0.13 61 10.84 7.53 130 5.9
PENTA* 4.33 1368 7.95 11.95 131 13.7
GTRONIC* 2.01 1344 6.26 22.97 132 8.4
TECFAST 0.305 69 6.99 15.16 133 7.6
DSONIC* 0.515 695 7.5 12.42 134 4.1
DIGI 4.51 35065 5.81 31.17 135 9.5
ZHULIAN* 1.45 665 8.6 9.44 136 8.0
COCOLND* 1.92 437 7.29 13.09 137 5.9
GASMSIA 2.88 3697 6.37 17.62 138 8.3
PETGAS 17.66 34931 7.03 13.56 139 9.2
ANNJOO* 1.79 1000 7.72 11.27 140 6.8
HEIM [NS] 24.34 7350 5.44 60.95 141 14.7
PANTECH* 0.575 429 11.64 6.48 142 6.6
MITRA* 0.415 371 13.68 5.35 143 6.8
SUNCON* 2.04 2635 5.87 24.42 144 13.4
ASTINO 0.675 184 12.73 5.54 145 8.6