Greenblatt Magic Formula: Free Value Stock Screen
High Earnings Yield + High ROE. That is the whole idea behind the Greenblatt Magic Formula screen, one of 130 ready-made strategies built into Stock Sight Finance. It checks all 3 rules below against every one of the 6,700+ US-listed stocks on Nasdaq and NYSE on this site and returns each match on live intraday quotes free of charge, with no sign-up required.
What this screen filters for
- Trailing P/E rule: P/E ratio of 15 or lower, keeps valuations grounded, so you pay a reasonable price for each dollar of earnings.
- Forward P/E rule: Forward P/E of 20 or lower, screens on next year’s expected earnings, which are usually cheaper than trailing ones for growing companies.
- Market cap rule: Market cap of at least $5 billion, larger companies are easier to trade and less prone to manipulation than thinly traded specks.
How to use the Greenblatt Magic Formula screen
Results appear the moment the screen runs, sorted by market cap by default. Click any column header to re-sort them. Open the manual filter controls to loosen a threshold, drop a rule and re-run; each criterion above maps to a real filter, so you can turn this preset into your own variant and copy the share link to save it. Click any symbol to open its full analysis page with price history, valuation and news.
Who value screens are for
Value screens come from Benjamin Graham’s playbook: buy assets and earnings for less than they are worth, then wait for the gap to close. They suit patient investors who read balance sheets, can tolerate unloved stocks, and care more about the price paid than the story told. Expect cheap multiples and names the market has temporarily written off.
What this screen does not tell you
A screen narrows the field. It does not judge the business. Clearing every rule above means the numbers fit this strategy rather than that the stock will rise: check why a company is cheap, read its filings, and size anything you buy accordingly. This is research tooling. It is not investment advice.
More value screens: Benjamin Graham Net-Nets, Graham Number Value, Buffett Inner Circle and Deep Value or browse all 130 strategies.
FAQ
How many stocks does the Greenblatt Magic Formula screen search?
All 6,700+ US-listed stocks on Nasdaq and NYSE covered by Stock Sight Finance, on live intraday data. The screen returns every company that satisfies all 3 criteria at the same time, so the match list grows or shrinks as prices move through the session.
Can I change the Greenblatt Magic Formula filters?
Yes. Every rule listed above maps to a manual filter control: loosen a threshold, drop a criterion and re-run to widen the net, then copy the share link to keep your own version of the screen. The preset is a starting point, never a cage.
Is this screen free?
Yes. It runs on this page against live quotes with no sign-up required. A premium account adds the deeper layers of analysis on top: the full analysis tab, DCF valuation, analyst scenarios and SEC filing summaries.