Magic Formula Stock Screen — Italy
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 Italy 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 — Italy: top stocks by market cap
17 Italian stocks match this screen. All 17 by market cap, data as of 13 Nov 2026.
| # | Company | Ticker | Sector | Mkt Cap | P/E | Div Yield | 1Y |
|---|---|---|---|---|---|---|---|
| 1 | Banca Mediolanum S.p.A. | BMEDBIT | Financial Services | €17.3B | 13.3 | 5.33% | +34.3% |
| 2 | Banca Generali S.p.A. | BGNBIT | Financial Services | €6.9B | 13.3 | 4.86% | +16.2% |
| 3 | Azimut Holding S.p.A. | AZMBIT | Financial Services | €5.0B | 10.2 | 5.38% | +5.1% |
| 4 | Sanlorenzo S.p.A. | SLBIT | Consumer Cyclical | €1.4B | 12.1 | 2.78% | +29.4% |
| 5 | Rai Way S.p.A. | RWAYBIT | Communication Services | €1.2B | 13.1 | 7.91% | -26.0% |
| 6 | NewPrinces S.p.A. | NWLBIT | Consumer Defensive | €1.0B | 3.1 | 0.00% | +25.0% |
| 7 | Alerion Clean Power S.p.A. | ARNBIT | Utilities | €945.6M | 10.2 | 3.36% | -8.8% |
| 8 | Philogen S.p.A. | PHILBIT | Healthcare | €846.5M | 3.7 | 3.33% | -13.0% |
| 9 | Fiera Milano S.p.A. | FMBIT | Industrials | €552.7M | 7.0 | 3.23% | -1.5% |
| 10 | Equita Group S.p.A. | EQUIBIT | Financial Services | €339.0M | 12.9 | 6.37% | +9.5% |
| 11 | Generalfinance S.p.A. | GFBIT | Financial Services | €240.1M | 9.7 | 7.25% | +0.4% |
| 12 | Directa Sim S.p.A. | DBIT | Financial Services | €136.1M | 11.5 | 8.11% | +72.6% |
| 13 | Bastogi S.p.A. | BBIT | Industrials | €122.4M | 13.8 | 1.21% | +25.3% |
| 14 | PLC S.p.A. | PLCBIT | Industrials | €79.7M | 6.0 | 3.57% | +40.2% |
| 15 | Espe S.p.A. | ESPEBIT | Industrials | €57.7M | 7.7 | 6.24% | +59.4% |
| 16 | H-FARM S.p.A. | FARMBIT | Financial Services | €45.1M | 1.1 | 0.00% | +41.0% |
| 17 | Giocamondo Study S.p.A. | GMSBIT | Consumer Defensive | €16.9M | 12.3 | 4.55% | -19.0% |
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.