As Japan is one of the few countries I am still finding a lot of good quality undervalued companies I thought it would be interesting to see what companies the Magic Formula comes up with. Before I get to the specific company names first a bit of background on the Magic Formula. [schloss] How the Magic Formula find investment ideas? The Magic Formula helps you find good quality companies that are trading at an attractive price. It does this by looking for companies with a high earnings yield (companies that are undervalued) and a high return on invested capital (ROIC) (quality…
On This Page
- How the Magic Formula find investment ideas?
- It’s all done for you
- This is what the Japanese Magic Formula screen looks like
- mixi, Inc looks interesting
- The Magic Formula can be improved a lot
- Look at column Q1
- Best combination +783% was Momentum (600.5% improvement)
- What is 6 months momentum?
- Other great combinations
- How to combine the Magic Formula with 6 months momentum (Price Index 6 months)
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