Magic Formula Stock Screen — Germany
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 Germany 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 — Germany: top stocks by market cap
15 German stocks match this screen. All 15 by market cap, data as of 13 Nov 2026.
| # | Company | Ticker | Sector | Mkt Cap | P/E | Div Yield | 1Y |
|---|---|---|---|---|---|---|---|
| 1 | Unilever PLC | UNV0XETRA | Consumer Defensive | €120.7B | 13.1 | 3.48% | +4.1% |
| 2 | Hannover Rück SE | HNR1XETRA | Financial Services | €36.1B | 12.9 | 4.24% | +15.4% |
| 3 | Friedrich Vorwerk Group SE | VH2XETRA | Industrials | €1.5B | 13.6 | 0.97% | -18.7% |
| 4 | TeamViewer SE | TMVXETRA | Technology | €761.0M | 6.5 | 0.00% | -18.9% |
| 5 | Baader Bank Aktiengesellschaft | BWBXETRA | Financial Services | €329.9M | 10.7 | 2.92% | +4.8% |
| 6 | Ernst Russ AG | ERAGXETRA | Industrials | €302.5M | 5.1 | 2.79% | +33.2% |
| 7 | Westwing Group SE | WEWXETRA | Consumer Cyclical | €258.1M | 8.0 | 0.00% | +11.8% |
| 8 | Fabasoft AG | FAAXETRA | Technology | €174.7M | 13.9 | 3.03% | +7.5% |
| 9 | mwb fairtrade Wertpapierhandelsbank AG | MWB0XETRA | Financial Services | €75.9M | 4.6 | 7.77% | +21.1% |
| 10 | Net-Digital AG | VRLXETRA | Technology | €63.5M | 14.7 | 0.00% | +79.4% |
| 11 | Gateway Real Estate AG | GTYXETRA | Real Estate | €61.6M | 0.5 | 0.00% | -15.8% |
| 12 | Exasol AG | EXLXETRA | Technology | €32.8M | 13.7 | 0.00% | -56.4% |
| 13 | The Platform Group SE & Co. KGaA | TPG0XETRA | Technology | €17.4M | 0.4 | 0.00% | -91.6% |
| 14 | Klassik Radio AG | KA8XETRA | Communication Services | €16.7M | 7.7 | 4.86% | +2.4% |
| 15 | UNITEDLABELS Aktiengesellschaft | ULCXETRA | Consumer Cyclical | €5.3M | 4.0 | 0.00% | -31.8% |
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.