Joel Greenblatt 的神奇公式(Magic Formula)是一个价值投资的选股策略。
这个策略的目标是:找到价格便宜的优质公司。
在 The Little Book that Beats the Market 一书中,Joel Greenblatt 提到,神奇公式在1988年至2009年的20年间,其年化回报率高达23.8%,大幅跑赢标普500指数仅9.6%的同期回报,表现无疑相当惊人。
神奇公式通过两个简单的核心指标,资本报酬率(ROIC)和盈余殖利率(Earning Yield),来寻找「质优」和「价廉」的股票。
具体而言,资本报酬率(ROIC)是用来判断管理层运用公司资产经营能力的高低;当然,买入经营能力好的公司,投资回报自然较高。
而盈余殖利率(Earning Yield)则是用来分析股票的估值;当股票被严重低估时,盈余殖利率就会飙升,投资者在这时候买入股票的潜在回报就会相对较高。
财报说自动计算出上市公司的资本报酬率(ROIC)和盈余殖利率(Earning Yield),并进行综合排名。
该榜单还加入财报说 CBS 评分和体质灯号机制,供您综合参考。
温馨提示:
神奇公式有其局限性,投资者应综合多年财报数据、股价趋势等因素进一步分析考量。
建议结合股价斜率榜、CBS 财报打分榜共同使用。
免责声明:
本榜单仅供公司分析使用,不构成投资建议或推荐;过往业绩不代表未来表现,股市有风险,投资需谨慎。
共 431 间公司,其中 A 股 352 间公司
序号 | 公司 | 资本报酬率(ROIC) | 盈余殖利率 | CBS | 灯号 |
---|---|---|---|---|---|
1 | [解锁榜单] | 42.8% | 5.79% | 96.54 | 中等 |
2 | [解锁榜单] | 21.2% | 16.12% | 96.26 | 低价 |
3 | [解锁榜单] | 18.9% | 8.93% | 95.54 | 中等 |
4 | [解锁榜单] | 33.3% | 4.60% | 94.64 | 过热 |
5 | [解锁榜单] | 22.7% | 15.79% | 94.23 | 低估 |
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立即开通专业版会员序号 | 公司 | 资本报酬率(ROIC) | 盈余殖利率 | CBS 评分 | 灯号 | 自选 |
---|---|---|---|---|---|---|
1 | [解锁榜单] | 15.2% | 7.32% | 82.65 | 低估 | |
2 | [解锁榜单] | 36.5% | 14.36% | 84.89 | 低估 | |
3 | [解锁榜单] | 55.6% | 8.14% | 78.67 | 低价 | |
4 | [解锁榜单] | 28.2% | 6.77% | 87.03 | 低估 | |
5 | [解锁榜单] | 35.5% | 19.23% | 78.93 | 低估 | |
6 | [解锁榜单] | 33.4% | 20.22% | 83.33 | 中等 | |
7 | [解锁榜单] | 53.5% | 13.21% | 89.75 | 低估 | |
8 | [解锁榜单] | 20.0% | 11.04% | 91.0 | 低估 | |
9 | [解锁榜单] | 24.0% | 14.31% | 75.61 | 低估 | |
10 | [解锁榜单] | 84.1% | 15.38% | 82.21 | 低价 | |
11 | [解锁榜单] | 24.4% | 22.89% | 79.07 | 过热 | |
12 | [解锁榜单] | 29.9% | 13.36% | 77.23 | 中等 | |
13 | [解锁榜单] | 23.2% | 12.60% | 71.45 | 低价 | |
14 | 海螺水泥 600585 | 22.7% | 15.79% | 94.23 | 低估 | |
15 | [解锁榜单] | 17.8% | 9.69% | 74.52 | 低价 | |
16 | [解锁榜单] | 23.6% | 16.83% | 81.81 | 中等 | |
17 | [解锁榜单] | 11.8% | 7.67% | 75.37 | 低估 | |
18 | [解锁榜单] | 17.2% | 7.31% | 80.41 | 低价 | |
19 | [解锁榜单] | 21.2% | 16.12% | 96.26 | 低价 | |
20 | [解锁榜单] | 25.1% | 5.82% | 88.01 | 低估 | |
21 | [解锁榜单] | 22.4% | 6.03% | 82.48 | 低估 | |
22 | [解锁榜单] | 20.5% | 16.36% | 83.26 | 中等 | |
23 | [解锁榜单] | 24.3% | 14.74% | 75.8 | 低价 | |
24 | [解锁榜单] | 30.5% | 11.37% | 72.52 | 低价 | |
25 | [解锁榜单] | 16.2% | 10.77% | 75.36 | 低价 | |
26 | [解锁榜单] | 19.1% | 6.80% | 92.31 | 过热 | |
27 | [解锁榜单] | 15.5% | 9.91% | 77.56 | 低估 | |
28 | [解锁榜单] | 10.9% | 7.75% | 78.9 | 中等 | |
29 | [解锁榜单] | 13.8% | 4.57% | 71.42 | 中等 | |
30 | [解锁榜单] | 21.6% | 6.83% | 93.31 | 中等 | |
31 | [解锁榜单] | 13.0% | 7.51% | 73.87 | 中等 | |
32 | 承德露露 000848 | 19.4% | 6.69% | 93.51 | 低价 | |
33 | [解锁榜单] | 27.7% | 4.43% | 84.8 | 中等 | |
34 | [解锁榜单] | 19.6% | 12.24% | 70.34 | 中等 | |
35 | [解锁榜单] | 40.1% | 5.48% | 74.23 | 低价 | |
36 | [解锁榜单] | 18.8% | 7.14% | 83.36 | 过热 | |
37 | [解锁榜单] | 20.4% | 4.69% | 76.83 | 中等 | |
38 | [解锁榜单] | 9.1% | 9.33% | 71.67 | 中等 | |
39 | [解锁榜单] | 17.0% | 9.65% | 76.93 | 中等 | |
40 | [解锁榜单] | 12.6% | 12.47% | 76.58 | 中等 | |
41 | [解锁榜单] | 17.5% | 11.28% | 79.61 | 低价 | |
42 | [解锁榜单] | 18.9% | 6.69% | 77.2 | 过热 | |
43 | [解锁榜单] | 16.3% | 6.87% | 83.47 | 低价 | |
44 | [解锁榜单] | 13.7% | 7.22% | 87.32 | 中等 | |
45 | [解锁榜单] | 18.8% | 6.41% | 70.18 | 低价 | |
46 | [解锁榜单] | 19.0% | 5.47% | 85.01 | 中等 | |
47 | [解锁榜单] | 13.3% | 6.73% | 84.39 | 中等 | |
48 | [解锁榜单] | 15.7% | 8.85% | 77.5 | 中等 | |
49 | [解锁榜单] | 52.1% | 14.14% | 83.53 | 中等 | |
50 | [解锁榜单] | 13.0% | 8.44% | 85.53 | 低估 | |
51 | [解锁榜单] | 15.3% | 8.19% | 72.86 | 低价 | |
52 | [解锁榜单] | 29.4% | 3.93% | 80.57 | 中等 | |
53 | [解锁榜单] | 11.9% | 15.25% | 77.27 | 中等 | |
54 | [解锁榜单] | 33.3% | 4.60% | 94.64 | 过热 | |
55 | [解锁榜单] | 21.1% | 4.16% | 85.53 | 中等 | |
56 | [解锁榜单] | 18.1% | 5.43% | 77.78 | 中等 | |
57 | [解锁榜单] | 20.1% | 7.55% | 73.01 | 低价 | |
58 | [解锁榜单] | 25.3% | 4.74% | 87.46 | 低估 | |
59 | [解锁榜单] | 14.2% | 16.51% | 78.98 | 中等 | |
60 | [解锁榜单] | 12.9% | 6.73% | 79.94 | 中等 | |
61 | [解锁榜单] | 9.3% | 4.89% | 73.64 | 中等 | |
62 | [解锁榜单] | 35.3% | 9.89% | 82.38 | 低价 | |
63 | [解锁榜单] | 12.1% | 15.08% | 72.65 | 中等 | |
64 | [解锁榜单] | 18.9% | 3.88% | 93.23 | 中等 | |
65 | [解锁榜单] | 15.3% | 5.79% | 76.44 | 中等 | |
66 | [解锁榜单] | 17.6% | 6.58% | 73.94 | 低价 | |
67 | [解锁榜单] | 36.7% | 3.17% | 94.08 | 低估 | |
68 | [解锁榜单] | 21.2% | 7.16% | 83.13 | 低估 | |
69 | [解锁榜单] | 21.3% | 6.16% | 82.3 | 低估 | |
70 | [解锁榜单] | 28.0% | 8.80% | 88.76 | 低价 | |
71 | [解锁榜单] | 33.8% | 8.65% | 73.92 | 过热 | |
72 | [解锁榜单] | 19.5% | 8.35% | 82.7 | 低价 | |
73 | [解锁榜单] | 15.7% | 9.56% | 82.05 | 中等 | |
74 | [解锁榜单] | 10.4% | 3.61% | 77.4 | 中等 | |
75 | [解锁榜单] | 39.3% | 9.31% | 70.11 | 低价 | |
76 | [解锁榜单] | 27.8% | 4.93% | 79.29 | 过热 | |
77 | [解锁榜单] | 9.6% | 6.61% | 70.53 | 中等 | |
78 | [解锁榜单] | 49.5% | 9.46% | 72.66 | 低价 | |
79 | [解锁榜单] | 24.3% | 4.00% | 81.62 | 中等 | |
80 | [解锁榜单] | 13.0% | 9.40% | 71.21 | 中等 | |
81 | [解锁榜单] | 10.4% | 5.92% | 72.85 | 低价 | |
82 | [解锁榜单] | 14.0% | 10.71% | 80.39 | 低价 | |
83 | [解锁榜单] | 18.9% | 8.93% | 95.54 | 中等 | |
84 | [解锁榜单] | 26.7% | 4.76% | 92.45 | 过热 | |
85 | [解锁榜单] | 18.3% | 5.35% | 77.13 | 低估 | |
86 | 隆基股份 601012 | 22.4% | 3.27% | 74.83 | 过热 | |
87 | [解锁榜单] | 14.0% | 4.49% | 82.87 | 过热 | |
88 | [解锁榜单] | 17.6% | 5.57% | 82.68 | 中等 | |
89 | [解锁榜单] | 17.4% | 5.11% | 86.03 | 中等 | |
90 | [解锁榜单] | 13.3% | 7.41% | 84.22 | 低价 | |
91 | [解锁榜单] | 22.0% | 5.46% | 87.73 | 低价 | |
92 | [解锁榜单] | 16.0% | 8.32% | 79.55 | 低价 | |
93 | [解锁榜单] | 9.5% | 5.75% | 75.74 | 中等 | |
94 | [解锁榜单] | 12.6% | 6.55% | 79.84 | 中等 | |
95 | [解锁榜单] | 22.2% | 5.45% | 81.64 | 中等 | |
96 | [解锁榜单] | 11.1% | 8.04% | 77.15 | 中等 | |
97 | 洋河股份 002304 | 19.8% | 4.99% | 88.49 | 过热 | |
98 | [解锁榜单] | 15.8% | 5.98% | 70.57 | 中等 | |
99 | [解锁榜单] | 21.0% | 4.46% | 76.81 | 中等 | |
100 | [解锁榜单] | 17.9% | 4.35% | 84.1 | 中等 |