★ A CURATED DIRECTORY OF FINANCIAL TOOLS AND RESOURCES ★
VOL. XCIV, NO. 247
Magic Formula Investing Review, Pricing, and Features
Magic Formula Investing is the official free Joel Greenblatt-style stock screener based on the Magic Formula strategy from The Little Book That Beats the Market. It ranks U.S.-listed non-financial, non-utility stocks using earnings yield and return on capital, then returns a simple list of 30 or 50 names based on the user’s minimum market-cap input. It is intentionally narrow: use it for value-quality idea generation, not as a flexible stock research terminal, portfolio tool, broker, or investment advice.
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Pricing
Free
Free
Key features
- Tools for running the official Magic Formula screener with only two inputs: minimum market cap and either 30 or 50 ranked results.
- Screening for companies ranked on high earnings yield and high return on capital, with the accounting adjustments described by the official methodology.
- Magic Formula Investing serves as a simple value-quality idea list before checking financial statements, business quality, debt, cyclicality, and current valuation context.
- Focus on U.S.-listed equities because the official universe excludes foreign companies and ADRs.
- Sector exclusions: financial and utility companies are removed from the official screen.
- Update cadence: prices refresh daily around trading mornings and fundamentals refresh quarterly.
- The S&P Compustat data source reference before comparing results against other screeners.
- Monitoring the educational strategy guidance only if it fits your process, including larger-cap focus, equal-dollar weighting, diversification, and annual holding-period concepts.
- Tools for creating a free account before accessing screener results.
- Magic Formula Investing is educational stock-screening software, not a registered adviser, brokerage firm, investment company, customizable factor platform, or recommendation to buy the listed stocks.
FAQ
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?
It suits beginner, intermediate, and advanced users.
What platforms and connections does Magic Formula Investing support?
You can use Magic Formula Investing on Web.
Which markets does Magic Formula Investing cover?
Magic Formula Investing covers North America. Examples include US. It tracks Stocks. Identifiers include Ticker.
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Hey! Thanks for stopping by. I'm an independent investor with a soft spot for coding and the stock market - especially value investing (as you can probably tell from the tools I've collected here, haha). Hopefully you'll find something useful or interesting along the way.
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- Website: Jera Value
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