Joel Greenblatt 的神奇公式(Magic Formula)是一個價值投資的選股策略。
這個策略的目標是:找到價格便宜的優質公司。
在 The Little Book that Beats the Market 一書中,Joel Greenblatt 提到,神奇公式在1988年至2009年的20年間,其年化回報率高達23.8%,大幅跑贏標普500指數僅9.6%的同期回報,表現無疑相當驚人。
神奇公式通過兩個簡單的核心指標,資本報酬率(ROIC)和盈余殖利率(Earning Yield),來尋找「質優」和「價廉」的股票。
具體而言,資本報酬率(ROIC)是用來判斷管理層運用公司資產經營能力的高低;當然,買入經營能力好的公司,投資回報自然較高。
而盈余殖利率(Earning Yield)則是用來分析股票的估值;當股票被嚴重低估時,盈余殖利率就會飆升,投資者在這時候買入股票的潛在回報就會相對較高。
財報說自動計算出上市公司的資本報酬率(ROIC)和盈余殖利率(Earning Yield),并進行綜合排名。
該榜單還加入財報說 CBS 評分和體質燈號機制,供您綜合參考。
溫馨提示:
神奇公式有其局限性,投資者應綜合多年財報數據、股價趨勢等因素進一步分析考量。
建議結合股價斜率榜、CBS 財報打分榜共同使用。
免責聲明:
本榜單僅供公司分析使用,不構成投資建議或推薦;過往業績不代表未來表現,股市有風險,投資需謹慎。
共 1491 間公司,其中 A 股 312 間公司
序號 | 公司 | 資本報酬率(ROIC) | 盈余殖利率 | CBS | 燈號 |
---|---|---|---|---|---|
1 | [解鎖榜單] | 34.8% | 8.89% | 98.4 | 低價 |
2 | [解鎖榜單] | 29.7% | 3.73% | 97.34 | 中等 |
3 | [解鎖榜單] | 29.1% | 3.41% | 95.1 | 低價 |
4 | [解鎖榜單] | 25.3% | 4.32% | 94.91 | 中等 |
5 | [解鎖榜單] | 28.6% | 2.26% | 94.7 | 低估 |
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立即開通專業版會員序號 | 公司 | 資本報酬率(ROIC) | 盈余殖利率 | CBS 評分 | 燈號 | 自選 |
---|---|---|---|---|---|---|
1 | [解鎖榜單] | 18.7% | 7.85% | 74.32 | 低價 | |
2 | [解鎖榜單] | 23.5% | 14.10% | 81.36 | 低估 | |
3 | [解鎖榜單] | 23.4% | 22.46% | 80.1 | 低估 | |
4 | [解鎖榜單] | 16.6% | 16.37% | 75.02 | 低價 | |
5 | [解鎖榜單] | 197.3% | 12.18% | 70.19 | 中等 | |
6 | [解鎖榜單] | 40.7% | 26.60% | 93.68 | 過熱 | |
7 | [解鎖榜單] | 17.0% | 19.57% | 89.86 | 低估 | |
8 | [解鎖榜單] | 18.6% | 16.50% | 71.12 | 中等 | |
9 | [解鎖榜單] | 19.8% | 14.98% | 82.42 | 低價 | |
10 | [解鎖榜單] | 23.4% | 15.95% | 81.67 | 中等 | |
11 | [解鎖榜單] | 19.3% | 8.52% | 86.09 | 過熱 | |
12 | [解鎖榜單] | 164.4% | 5.92% | 80.78 | 低價 | |
13 | [解鎖榜單] | 15.9% | 13.27% | 80.33 | 過熱 | |
14 | [解鎖榜單] | 18.7% | 13.41% | 76.74 | 低價 | |
15 | [解鎖榜單] | 14.4% | 8.41% | 88.7 | 低價 | |
16 | [解鎖榜單] | 13.3% | 15.22% | 87.02 | 低估 | |
17 | [解鎖榜單] | 14.4% | 13.76% | 77.55 | 中等 | |
18 | [解鎖榜單] | 12.4% | 4.16% | 70.02 | 中等 | |
19 | [解鎖榜單] | 22.4% | 7.16% | 88.72 | 低估 | |
20 | [解鎖榜單] | 29.0% | 18.63% | 93.31 | 中等 | |
21 | [解鎖榜單] | 21.7% | 10.88% | 93.04 | 低估 | |
22 | [解鎖榜單] | 16.1% | 5.85% | 79.38 | 低價 | |
23 | 承德露露 000848 | 23.0% | 8.42% | 92.8 | 低價 | |
24 | [解鎖榜單] | 21.4% | 7.41% | 86.02 | 低價 | |
25 | [解鎖榜單] | 11.8% | 7.27% | 72.49 | 過熱 | |
26 | [解鎖榜單] | 13.1% | 15.06% | 75.88 | 低價 | |
27 | [解鎖榜單] | 30.5% | 18.37% | 85.83 | 低價 | |
28 | [解鎖榜單] | 14.7% | 8.91% | 80.83 | 中等 | |
29 | [解鎖榜單] | 14.6% | 9.24% | 85.16 | 低估 | |
30 | [解鎖榜單] | 16.5% | 13.16% | 90.67 | 中等 | |
31 | [解鎖榜單] | 12.0% | 13.10% | 80.03 | 中等 | |
32 | [解鎖榜單] | 26.0% | 4.75% | 90.12 | 中等 | |
33 | [解鎖榜單] | 20.0% | 8.76% | 76.69 | 低價 | |
34 | [解鎖榜單] | 15.0% | 5.66% | 81.98 | 低價 | |
35 | [解鎖榜單] | 16.1% | 15.17% | 71.8 | 中等 | |
36 | [解鎖榜單] | 34.8% | 8.89% | 98.4 | 低價 | |
37 | [解鎖榜單] | 22.4% | 16.14% | 78.28 | 中等 | |
38 | [解鎖榜單] | 19.4% | 8.76% | 89.78 | 中等 | |
39 | [解鎖榜單] | 20.9% | 7.31% | 79.08 | 中等 | |
40 | [解鎖榜單] | 16.2% | 7.99% | 75.46 | 中等 | |
41 | [解鎖榜單] | 39.3% | 8.41% | 88.77 | 低價 | |
42 | [解鎖榜單] | 16.0% | 10.27% | 89.22 | 低估 | |
43 | [解鎖榜單] | 21.9% | 7.95% | 82.3 | 低價 | |
44 | [解鎖榜單] | 36.7% | 18.52% | 90.07 | 低估 | |
45 | [解鎖榜單] | 24.1% | 8.35% | 90.9 | 低估 | |
46 | [解鎖榜單] | 17.6% | 13.12% | 70.08 | 中等 | |
47 | [解鎖榜單] | 15.2% | 14.04% | 84.91 | 過熱 | |
48 | [解鎖榜單] | 34.9% | 11.09% | 93.26 | 中等 | |
49 | [解鎖榜單] | 34.9% | 13.52% | 86.75 | 低估 | |
50 | [解鎖榜單] | 10.8% | 7.03% | 70.23 | 低價 | |
51 | [解鎖榜單] | 12.5% | 11.82% | 71.61 | 低價 | |
52 | [解鎖榜單] | 12.4% | 11.24% | 73.23 | 過熱 | |
53 | [解鎖榜單] | 19.9% | 9.14% | 80.72 | 低價 | |
54 | [解鎖榜單] | 18.2% | 7.75% | 77.74 | 過熱 | |
55 | [解鎖榜單] | 23.1% | 4.32% | 90.25 | 過熱 | |
56 | [解鎖榜單] | 19.6% | 2.91% | 74.29 | 中等 | |
57 | [解鎖榜單] | 12.8% | 6.49% | 71.99 | 低價 | |
58 | [解鎖榜單] | 12.0% | 9.14% | 70.5 | 中等 | |
59 | [解鎖榜單] | 15.2% | 11.04% | 86.16 | 低價 | |
60 | [解鎖榜單] | 13.9% | 10.56% | 76.47 | 中等 | |
61 | [解鎖榜單] | 25.3% | 4.32% | 94.91 | 中等 | |
62 | [解鎖榜單] | 14.0% | 5.02% | 74.84 | 低價 | |
63 | [解鎖榜單] | 21.0% | 5.98% | 87.34 | 低價 | |
64 | [解鎖榜單] | 13.5% | 11.28% | 78.35 | 中等 | |
65 | [解鎖榜單] | 14.7% | 11.33% | 85.78 | 中等 | |
66 | [解鎖榜單] | 34.4% | 25.55% | 80.34 | 過熱 | |
67 | [解鎖榜單] | 27.2% | 11.85% | 86.42 | 低估 | |
68 | [解鎖榜單] | 20.2% | 7.04% | 87.22 | 低價 | |
69 | [解鎖榜單] | 10.7% | 6.19% | 73.61 | 低價 | |
70 | [解鎖榜單] | 17.1% | 7.26% | 87.7 | 低估 | |
71 | [解鎖榜單] | 32.1% | 7.31% | 93.86 | 低價 | |
72 | [解鎖榜單] | 18.1% | 7.75% | 83.78 | 中等 | |
73 | 洋河股份 002304 | 18.4% | 5.35% | 90.03 | 低價 | |
74 | [解鎖榜單] | 11.2% | 4.88% | 76.37 | 低估 | |
75 | [解鎖榜單] | 22.6% | 5.46% | 70.34 | 低價 | |
76 | [解鎖榜單] | 16.2% | 6.39% | 88.77 | 過熱 | |
77 | [解鎖榜單] | 16.9% | 5.99% | 79.93 | 低估 | |
78 | [解鎖榜單] | 13.2% | 7.59% | 78.09 | 中等 | |
79 | [解鎖榜單] | 13.8% | 10.20% | 73.66 | 中等 | |
80 | [解鎖榜單] | 14.8% | 10.36% | 78.56 | 中等 | |
81 | [解鎖榜單] | 10.1% | 6.44% | 74.94 | 過熱 | |
82 | [解鎖榜單] | 32.1% | 3.73% | 87.33 | 低價 | |
83 | [解鎖榜單] | 19.0% | 7.15% | 77.4 | 中等 | |
84 | [解鎖榜單] | 18.2% | 11.28% | 72.71 | 低價 | |
85 | [解鎖榜單] | 14.8% | 7.05% | 76.74 | 低價 | |
86 | [解鎖榜單] | 40.5% | 3.78% | 83.31 | 低估 | |
87 | [解鎖榜單] | 13.3% | 12.18% | 72.4 | 過熱 | |
88 | [解鎖榜單] | 19.1% | 7.83% | 72.55 | 低價 | |
89 | [解鎖榜單] | 16.0% | 8.03% | 86.21 | 低價 | |
90 | [解鎖榜單] | 10.0% | 7.43% | 70.23 | 低價 | |
91 | [解鎖榜單] | 17.1% | 4.12% | 82.92 | 低價 | |
92 | [解鎖榜單] | 20.5% | 6.45% | 85.01 | 低估 | |
93 | [解鎖榜單] | 12.9% | 7.04% | 78.75 | 中等 | |
94 | [解鎖榜單] | 21.6% | 25.95% | 88.13 | 低估 | |
95 | [解鎖榜單] | 16.6% | 3.42% | 73.19 | 中等 | |
96 | [解鎖榜單] | 15.2% | 2.00% | 75.66 | 過熱 | |
97 | [解鎖榜單] | 20.6% | 5.58% | 73.0 | 低價 | |
98 | [解鎖榜單] | 38.7% | 4.25% | 88.38 | 低價 | |
99 | [解鎖榜單] | 26.4% | 4.08% | 92.73 | 低價 | |
100 | [解鎖榜單] | 24.1% | 5.45% | 87.71 | 低估 |