Magic Formula (Greenblatt)

This is Stockopedia's version of the Magic Formula as defined in Joel Greenblatt's bestselling book "The Little Book that Beats the Market". The is the Rank stated as a percentage.

Stockopedia explains Magic Formula Score

Joel Greenblatt's Little Book that Beat the Market became a financial publishing phenomenon. In a simple writing style, the successful hedge fund investor showed how picking 'good' stocks at 'cheap' prices was enormously profitable. He claims that a portfolio of the top 30 Magic Formula stocks has averaged a 17-year annual return of 30.8% and beats the S&P 500 96% of the time. It should be noted that these returns are volatile and require a fully diversified portfolio.

Greenblatt suggests sticking to A+ stocks (in the top 10%) for the best chance of outperformance and ideally to a basket of the top 50 ranked stocks in the market.

You can learn more about the Magic Formula in this article and also in our Magic Formula FAQ.

Ranks: High to LowUnit: %Available in screenerAvailable as Table Column

The 5 highest Magic Formula Score Stocks in the Market

TickerNameMagic Formula ScoreStockRank™
HKG:6989Excellence Commercial Property & Facilities Management100.0%81
NMQ:ITOSiTeos Therapeutics100.0%74
TPE:2609Yang Ming Marine Transport100.0%88
TSE:TRLTrilogy International Partners100.0%75
KOSDAQ:950130Access Bio100.0%83