This scanner generates a list of companies that meet the criteria Henry Singleton’s stock selection method.

Magic Formula Investing (MFI) is a popular investment strategy that was introduced by Joel Greenblatt in his book “The Little Book That Beats the Market”. The MFI strategy is based on a simple formula that aims to identify quality companies at bargain prices.

Scanner Rules:

  • Debt to equity < 1
  • Promoter holding > 40
  • Pledged percentage < 20
  • Market Capitalization >300
  • Operating cash flow 3years >7
  • Average return on capital employed 5Years >20
  • Average return on equity 3Years >20
  • Interest Coverage Ratio >3
  • PEG Ratio <1.1
  • Price to Free Cash Flow >0
  • Price to Free Cash Flow<60
  • Sales growth 5Years >10

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