Magic Formula Stock Screen — France
Joel Greenblatt's Magic Formula ranks companies on two things at once: how much they earn on the capital they use, and how cheap they are on their earnings. This screen is a simplified version: a return on equity of at least 20% combined with a P/E of 15 or less, among profitable companies.
The rules of this screen
A stock listed in France appears below only if it passes every rule:
- P/E (trailing 12 months) of 15 or less
- Return on equity (ROE) of at least 20%
- Net profit margin of at least 5%
Data comes from company filings and market prices, refreshed after every trading day. Stocks with a missing value for any rule are left out.
Magic Formula Stock Screen — France: top stocks by market cap
26 French stocks match this screen. All 26 by market cap, data as of 13 Nov 2026.
| # | Company | Ticker | Sector | Mkt Cap | P/E | Div Yield | 1Y |
|---|---|---|---|---|---|---|---|
| 1 | AXA SA | CSEPA | Financial Services | €98.5B | 12.6 | 5.03% | +23.0% |
| 2 | Itissalat Al-Maghrib (IAM) S.A. | IAMEPA | Communication Services | €7.2B | 14.9 | 4.35% | -23.2% |
| 3 | Vusion S.A. | VUEPA | Technology | €2.5B | 9.3 | 0.61% | -27.5% |
| 4 | Pluxee N.V. | PLXEPA | Industrials | €2.5B | 10.2 | 5.28% | -4.6% |
| 5 | Etablissements Maurel & Prom S.A. | MAUEPA | Energy | €1.4B | 3.4 | 5.31% | +42.9% |
| 6 | Antin Infrastructure Partners S.A. | ANTINEPA | Financial Services | €1.4B | 13.6 | 7.34% | -26.3% |
| 7 | VIEL & Cie, société anonyme | VILEPA | Financial Services | €1.3B | 9.3 | 2.71% | +21.0% |
| 8 | Électricite de Strasbourg Société Anonyme | ELECEPA | Utilities | €1.2B | 9.3 | 8.15% | -0.7% |
| 9 | Bourse Direct SA | BSDEPA | Financial Services | €276.6M | 12.5 | 4.60% | +29.3% |
| 10 | STIF Société anonyme | ALSTIEPA | Industrials | €99.6M | 7.8 | 3.44% | -66.3% |
| 11 | We.Connect SA | ALWECEPA | Technology | €73.1M | 2.0 | 1.65% | +12.9% |
| 12 | Lexibook - Linguistic Electronic System Société anonyme | ALLEXEPA | Consumer Cyclical | €62.1M | 8.7 | 0.00% | +25.4% |
| 13 | Hydraulique Holding Société anonyme | MLHYDEPA | Industrials | €50.2M | 2.3 | 0.00% | -4.0% |
| 14 | DNXCorp SE | ALDNXEPA | Communication Services | €38.0M | 6.9 | 22.52% | +44.8% |
| 15 | Prologue S.A. | ALPRGEPA | Technology | €29.9M | 10.2 | 0.00% | +26.4% |
| 16 | Hamilton Global Opportunities PLC | ALHGOEPA | Financial Services | €26.4M | 0.0 | 8.19% | +5.7% |
| 17 | HITECHPROS Société anonyme | ALHITEPA | Technology | €18.3M | 12.4 | 8.18% | -25.2% |
| 18 | LleidaNetworks Serveis Telemàtics, S.A. | ALLLNEPA | Communication Services | €14.6M | 11.5 | 0.00% | -39.5% |
| 19 | Tonner Drones S.A. | ALTDEPA | Industrials | €14.1M | 0.0 | 0.00% | -25.3% |
| 20 | Soditech SA | ALSECEPA | Industrials | €11.7M | 5.2 | 0.00% | +24.2% |
| 21 | SA Energisme | ALNRGEPA | Technology | €10.2M | 0.5 | 0.00% | +6.9% |
| 22 | AgroGeneration SA | ALAGREPA | Consumer Defensive | €9.2M | 2.1 | 0.00% | +19.7% |
| 23 | Groupe Tera SA | ALGTREPA | Technology | €6.4M | 0.8 | 29.41% | -44.5% |
| 24 | AdUX SA | ALDUXEPA | Communication Services | €5.3M | 3.4 | 0.00% | -56.9% |
| 25 | Mare Nostrum SA | ALMAREPA | Industrials | €3.5M | 0.2 | 0.00% | +13.6% |
| 26 | Dynafond Société Anonyme | MLDYNEPA | Basic Materials | — | 0.8 | — | 0.0% |
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+ stocksHow to use this screen
Greenblatt's original uses return on tangible capital and earnings yield (EBIT / enterprise value) and excludes banks and utilities; ROE and P/E are proxies. He also recommends holding a basket of 20 to 30 names for a year, because single picks often disappoint.
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.