Magic Formula Top 30
Magic Formula Top 30 (Joel Greenblatt's Screen)
Joel Greenblatt's Magic Formula combines two rankings (ROIC (capital efficiency) and earnings yield (cheapness)) into a single composite score. The original Magic Formula sweet spot: stocks in the top quintile on BOTH measures simultaneously. Greenblatt's published backtest showed this combination outperformed the S&P 500 by 10-15% annualised across the 1988-2004 study window.
Leader
Corporación Interamericana de Entretenimiento, S.A.B. de C.V. CIEB.MX
MF rank: 7
The Top 30
How this ranking is computed
Composite computed at query time: rank descending on ROIC TTM and earnings yield separately, then sum the two ranks. Lowest sum = best Magic Formula score. Filters: market cap ≥ $500M, ROIC TTM > 0, earnings yield > 0, both fields non-null. Top 30 returned (the canonical Greenblatt cohort size).
Other rankings
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Key terms in this analysis
This is educational analysis based on investing frameworks. It is not investment advice or a recommendation, and it does not know your situation. Do your own research before you decide.