Benjamin Graham Stock Screen — Spain

Benjamin Graham, the father of value investing, told the defensive investor to buy established, profitable companies only when they are cheap on both their earnings and their book value, and to avoid heavy debt. This screen applies a modern version of those tests: a low P/E, a low price-to-book, modest leverage and a track record of profit.

The rules of this screen

A stock listed in Spain appears below only if it passes every rule:

  • P/E (trailing 12 months) of 15 or less
  • Price-to-book of 1.5 or less (share price at most 1.5x book value per share)
  • Return on equity (ROE) of at least 10%
  • Net profit margin of at least 5%
  • Debt-to-equity of 0.5 or less (total debt at most 50% of shareholders' equity)

Data comes from company filings and market prices, refreshed after every trading day. Stocks with a missing value for any rule are left out.

Benjamin Graham Stock Screen — Spain: top stocks by market cap

7 Spanish stocks match this screen. All 7 by market cap, data as of 13 Nov 2026.

#CompanyTickerSectorMkt CapP/EDiv Yield1Y
1Inmocemento, S.A.IMCBMEBasic Materials€1.7B6.44.00%+5.7%
2Volcan Compañía Minera S.A.A.XVOLBBMEBasic Materials€771.5M3.30.00%+25.0%
3Miquel y Costas & Miquel, S.A.MCMBMEBasic Materials€451.9M11.63.86%-14.4%
4All Iron Re I Socimi, S.A.YAI1BMEReal Estate€208.3M4.80.00%0.0%
5Nicolás Correa, S.A.NEABMEIndustrials€122.5M10.03.01%+1.0%
6Inversa Prime SOCIMI, S.A.YIPSBMEReal Estate€47.8M4.80.00%-37.6%
7Llorente & Cuenca, S.A.LLYCBMEIndustrials€37.2M10.70.00%-60.0%

The same rules on every market the screener covers: the US, Canada, Europe, Australia and more. Free, no account needed.

Run this screen on all 18,000+ stocks

How to use this screen

Graham also asked for 10 years of uninterrupted earnings, 20 years of dividends and a minimum size, which a ratio screen cannot check. Treat the list as a starting point for reading annual reports, not as a portfolio. Cheap stocks are often cheap for a reason.

This page lists the stocks that pass a set of rules. It is not a recommendation to buy or sell any of them, and past results of a strategy say nothing certain about future returns.