Magic Formula Stock Screen — UK
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 the UK 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 — UK: top stocks by market cap
85 UK stocks match this screen. Top 30 by market cap, data as of 13 Nov 2026.
| # | Company | Ticker | Sector | Mkt Cap | P/E | Div Yield | 1Y |
|---|---|---|---|---|---|---|---|
| 1 | Unilever PLC | ULVRLSE | Consumer Defensive | €128.5B | 13.5 | 3.18% | +1.5% |
| 2 | Reckitt Benckiser Group plc | RKTLSE | Consumer Defensive | €43.2B | 12.8 | 3.83% | -6.7% |
| 3 | Imperial Brands PLC | IMBLSE | Consumer Defensive | €26.5B | 13.8 | 5.77% | -5.8% |
| 4 | International Consolidated Airlines Group S.A. | IAGLSE | Industrials | €22.7B | 7.7 | 1.95% | — |
| 5 | Fresnillo plc | FRESLSE | Basic Materials | €21.4B | 10.8 | 4.44% | +3.4% |
| 6 | Scottish Mortgage Ord | SMTLSE | Financial Services | €18.3B | 3.4 | — | +34.1% |
| 7 | Polar Capital Technology Ord | PCTLSE | Financial Services | €7.5B | 1.7 | — | +21.3% |
| 8 | Lion Finance Group PLC | BGEOLSE | Financial Services | €7.0B | 8.7 | 2.72% | +71.2% |
| 9 | Greatland Resources Limited | GGPLSE | Basic Materials | €4.1B | 8.2 | 0.00% | +26.6% |
| 10 | IG Group Holdings plc | IGGLSE | Financial Services | €3.8B | 9.2 | 4.40% | -13.1% |
| 11 | TBC Bank Group PLC | TBCGLSE | Financial Services | €3.6B | 7.2 | 3.66% | +39.9% |
| 12 | Templeton Emerging Mkts Invmt Tr TEMIT | TEMLSE | Financial Services | €3.2B | 4.0 | — | +26.3% |
| 13 | Plus500 Ltd. | PLUSLSE | Financial Services | €2.9B | 11.6 | 2.11% | +13.4% |
| 14 | Monks Ord | MNKSLSE | Financial Services | €2.8B | 4.5 | — | +5.0% |
| 15 | Hochschild Mining plc | HOCLSE | Basic Materials | €2.8B | 10.9 | 1.41% | +33.5% |
| 16 | Pan African Resources PLC | PAFLSE | Basic Materials | €2.7B | 8.4 | 1.93% | +13.9% |
| 17 | Allianz Technology Trust Ord | ATTLSE | Financial Services | €2.4B | 1.8 | — | +19.1% |
| 18 | Ninety One Group | N91LSE | Financial Services | €2.3B | 12.0 | 6.44% | -7.7% |
| 19 | Dunelm Group plc | DNLMLSE | Consumer Cyclical | €2.1B | 11.7 | 5.05% | -22.7% |
| 20 | Schiehallion Fund Ord | MNTNLSE | Financial Services | €2.0B | 2.7 | 0.00% | +82.2% |
| 21 | BlackRock World Mining Trust Ord | BRWMLSE | Financial Services | €1.9B | 2.2 | — | +27.2% |
| 22 | Genus plc | GNSLSE | Healthcare | €1.8B | 5.6 | 1.38% | -7.7% |
| 23 | Georgia Capital PLC | CGEOLSE | Financial Services | €1.7B | 3.6 | 0.00% | +90.6% |
| 24 | JPMorgan Emerging Markets Growth & Income plc. | JMGILSE | Financial Services | €1.7B | 2.4 | — | +12.9% |
| 25 | Temple Bar Ord | TMPLLSE | Financial Services | €1.6B | 6.0 | — | +19.5% |
| 26 | MONY Group plc | MONYLSE | Communication Services | €1.3B | 13.2 | 6.09% | +7.5% |
| 27 | Baillie Gifford US Growth Ord | USALSE | Financial Services | €1.1B | 4.5 | — | +26.0% |
| 28 | Edinburgh Worldwide Ord | EWILSE | Financial Services | €1.1B | 3.6 | — | +23.0% |
| 29 | Pacific Horizon Ord | PHILSE | Financial Services | €869.0M | 2.1 | — | +25.0% |
| 30 | Funding Circle Holdings plc | FCHLSE | Financial Services | €834.3M | 12.5 | 0.00% | +90.3% |
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.