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Joel Greenblatt Magic Formula Stock Screen: Intersection of Warren Buffett & Ben Graham in One Model

Joel Greenblatt Magic Formula Stock Screen: Intersection of Warren Buffett & Ben Graham in One Model

Posted August 25, 2023
Validea Capital Management

This week we use the Magic Formula, developed and written about by Joel Greenblatt in his book, The Little Book that Beats the Market.

Today’s Screen:

X Pass the Earning Yield Model with at least 90% (stocks are percentile ranked based on Earnings Yield and ROTC and then sorted based on the combined rank)
X Long-Term EPS Growth greater than 15%
X Trailing PE Ratio below 10
X Percent Below 52 Week High at least 20%
X Current Ratio greater than 2.0

Passing Names: BKE | BUCKLE INC, MBUU | MALIBU BOATS INC, TGLS | TECNOGLASS INC, WIRE | ENCORE WIRE CORP, UONEK | URBAN ONE INC, RGP | RESOURCES CONNECTION INC, STLD | STEEL DYNAMICS INC, DDS | DILLARD’S INC

Originally Posted August 23, 2023 – Joel Greenblatt Magic Formula Stock Screen: Intersection of Warren Buffett & Ben Graham in One Model

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