Free
$0For finding Magic Formula ideas
- Official Magic Formula stock screen.
- Minimum market-cap setting.
- Choice of 30 or 50 results.
VOL. XCIV, NO. 247
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Magic Formula Investing Review, Pricing, and Features
By Jera Value · Verified Sep 2026
Magic Formula Investing is the official free screen for Joel Greenblatt's value-and-quality approach. Create an account, choose a minimum market value, and request a list of 30 or 50 eligible US stocks ranked using earnings yield and return on capital. The published strategy guide explains its holding and diversification method. Use the list as a research starting point within a deliberately narrow universe.
Verdict
Worth it if you want the official Greenblatt-style value-and-quality stock list.
- Value research: start from earnings yield and return on capital
- Simple screening: generate an official strategy shortlist
Skip it if you need flexible filters or non-US coverage.
- Limited controls: only market cap and result count are adjustable
- Excluded universe: financials, utilities, and foreign firms are absent
- Account required: registration unlocks free results
Magic Formula Investing
Web · How this site is funded
Pricing
Prices checkedKey features
Official Magic Formula list
Generate the strategy's eligible US stock shortlist.
Earnings yield ranking
Rank companies on the valuation component of the formula.
Return on capital
Include profitability in the combined ranking.
Simple screen inputs
Set minimum market cap and choose 30 or 50 results.
Published strategy guide
Read the holding and diversification method.
FAQ
Is Magic Formula Investing free?
Is Magic Formula Investing free?
Magic Formula Investing is free to use. Visit the vendor site for the latest limits and onboarding details.
Who is Magic Formula Investing best for?
Who is Magic Formula Investing best for?
It suits beginner, intermediate, and advanced users.
What platforms and connections does Magic Formula Investing support?
What platforms and connections does Magic Formula Investing support?
You can use Magic Formula Investing on Web.
Which markets does Magic Formula Investing cover?
Which markets does Magic Formula Investing cover?
Magic Formula Investing covers North America. Examples include US. It tracks Stocks. Identifiers include Ticker.
Tool details
Highlights
- Always free
- Domain rating43: Ahrefs scores how strong a site's backlinks are, from 0 to 100. A high score usually means an established site that many others cite and trust.
Domain Rating by Ahrefs
Categories
Granularity & latency
- EOD
- End of Day
Asset types
- Stocks
Coverage regions
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Curation & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.