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Magic Formula and Piotroski overlap

Cheap and good, with improving fundamentals. Uses trailing numbers, so cyclical companies at a peak can pass. Inspired by Joel Greenblatt's and Joseph Piotroski's published work; not affiliated or endorsed.

“Rank companies over $1B by earnings yield and return on invested capital combined, excluding financials and utilities, with a Piotroski F-score of 8 or 9, top 30”

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Top 30 US companies over $1B with F-score 8-9, ranked by combined earnings yield and ROIC, excluding financials and utilities.

Filters: Market cap > $1B; Piotroski F-score ≥ 8; Sector not Financials or Utilities

Top matches on data as of November 4, 2026

SymbolCompanySectorIndustryMarket Cap (USD)Earnings YieldROICF-ScoreCombined rankP/E
GFIGold Fields LimitedMaterialsGold & Precious Metals$32.7B19.6%77.3%9185.1
KSPIJoint Stock Company Kaspi.kzTechnologySoftware - Infrastructure$17.3B13.4%99.6%8247.49
PARRPar Pacific Holdings, Inc.EnergyOil & Gas Refining & Marketing$3.4B25.3%37.9%8363.95
OGCOceanaGold CorporationMaterialsGold & Precious Metals$6.1B14.1%45.0%8397.08
VLOValero Energy CorporationEnergyOil & Gas Refining & Marketing$102.8B12.6%47.7%9447.94
MUMicron Technology, Inc.TechnologySemiconductors$780.3B10.9%78.4%8479.18
KGCKinross Gold CorporationMaterialsGold & Precious Metals$25.5B12.4%42.1%9518.04
TDCTeradata CorporationTechnologySoftware - Infrastructure$3.1B14.8%36.7%9526.76
EQNREquinor ASAEnergyOil & Gas Integrated$104.9B11.3%61.8%8528.89
DINOHF Sinclair CorporationEnergyOil & Gas Refining & Marketing$17.9B19.7%32.2%9555.08
HRBH&R Block, Inc.Consumer DiscretionaryPersonal Products & Services$7.0B10.5%63.8%8569.53
GTXGarrett Motion Inc.Consumer DiscretionaryAuto - Parts$3.6B10.5%54.8%8609.57
CFCF Industries Holdings, Inc.MaterialsAgricultural Inputs$18.4B11.4%33.9%9818.77
IAGIamgold CorporationMaterialsGold & Precious Metals$10.1B11.5%30.9%9828.72
PSXPhillips 66EnergyOil & Gas Refining & Marketing$101.4B12.4%26.4%9928.06
PBIPitney Bowes Inc.IndustrialsIntegrated Freight & Logistics$2.1B8.9%38.9%89311.27
BBarrick Mining CorporationMaterialsGold & Precious Metals$67.0B9.7%33.2%89610.26
APAAPA CorporationEnergyOil & Gas Exploration & Production$15.8B10.6%27.3%8989.43
STNGScorpio Tankers Inc.IndustrialsMarine Shipping$3.8B25.4%20.3%81033.94
STRLSterling Infrastructure, Inc.IndustrialsEngineering & Construction$7.5B7.4%42.5%910813.56
LOPEGrand Canyon Education, Inc.Consumer StaplesEducation & Training Services$3.2B6.9%50.2%811114.49
LTMLATAM Airlines Group S.A.IndustrialsAirlines, Airports & Air Services$13.4B11.7%22.7%81158.57
PBRPetróleo Brasileiro S.A. - PetrobrasEnergyOil & Gas Integrated$109.0B22.6%19.0%91174.42
SQMSociedad Química y Minera de Chile S.A.MaterialsChemicals - Specialty$16.0B8.6%28.3%812211.63
CSTMConstellium SEMaterialsAluminum$2.9B22.6%18.3%81244.43

25 matches. Research data, not investment advice.

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