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.

This scanner generates a list of companies that meet the criteria.

Scanner Rules:

  • Market Capitalization >100
  • Earnings yield > 15
  • Return on invested capital > 20
  • Average return on capital employed 5Years >25

Join The Conversation?