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
Betterware de México, S.A.P.I. de C.V. BWMX
MF rank: 19
The Top 30
- 1
BWMXBetterware de México, S.A.P.I. de C.V.Consumer Cyclical
19 - 2
RILYTB. Riley Financial, Inc. 6.00% Senior Notes Due 2028Financial Services
21 - 3
RILYGB. Riley Financial, Inc. 5.00% Senior Notes due 2026Financial Services
21 - 4
RILYNB. Riley Financial, Inc. - 6.50Financial Services
24 - 5
LUXELuxExperience B.V.Consumer Cyclical
41 - 6
VELVelocity Financial, Inc.Financial Services
45 - 7
IRWDIronwood Pharmaceuticals, Inc.Healthcare
50 - 8
KSPIJoint Stock Company Kaspi.kzTechnology
70 - 9
NBXGNeuberger Next Generation Connectivity Fund Inc.Financial Services
74 - 10
AGNCZAGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred StockFinancial Services
82 - 11
AGNCNAGNC Investment Corp.Real Estate
84 - 12
MCYMercury General CorporationFinancial Services
93 - 13
LNCLincoln National CorporationFinancial Services
93 - 14
GPORGulfport Energy CorporationEnergy
100 - 15
BBWIBath & Body Works, Inc.Consumer Cyclical
104 - 16
CGAUCenterra Gold Inc.Basic Materials
109 - 17
HTGCHercules Capital, Inc.Financial Services
116 - 18
APAMArtisan Partners Asset Management Inc.Financial Services
121 - 19
BUIBlackRock Utilities, Infrastructure & Power Opportunities TrustFinancial Services
124 - 20
AEROGrupo Aeroméxico, S.A.B. de C.V.Industrials
128 - 21
GSLGlobal Ship Lease, Inc.Industrials
130 - 22
STEWSRH Total Return Fund, Inc.Financial Services
131 - 23
HIGThe Hartford Financial Services Group, Inc.Financial Services
146 - 24
STLAStellantis N.V.Consumer Cyclical
150 - 25
CETCentral Securities Corp.Financial Services
151 - 26
VGNTVersigent PLCConsumer Cyclical
153 - 27
EXEELExpand Energy CorporationEnergy
158 - 28
NRDSNerdWallet, Inc.Financial Services
159 - 29
CLMCornerstone Strategic Value Fund, Inc.Financial Services
159 - 30
CRFCornerstone Total Return Fund, Inc.Financial Services
164
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
Educational framework analysis only. Not investment advice, not a recommendation, not personalized to your situation. Always do your own research.