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An ASX implementation of Joel Greenblatt's Magic Formula

# Symbol Name Sector Market Cap ROC Earnings Yield
1 IDA INDIANA RESOURCES LIMITED Materials $52,704,061 285.81 91.57
2 RHI RED HILL MINERALS LIMITED Materials $210,338,610 253.43 75.26
3 DAI DECIDR AI INDUSTRIES LTD Food, Beverage & Tobacco $81,316,888 119.20 58.87
4 KCN KINGSGATE CONSOLIDATED LIMITED. Materials $430,445,325 92.54 50.44
5 CEL CHALLENGER GOLD LIMITED Materials $119,829,517 42.70 75.35
6 APW AIMS PROPERTY SECURITIES FUND Equity Real Estate Investment Trusts (REITs) $106,845,600 40.81 68.46
7 ECL EXCELSIOR CAPITAL LTD Capital Goods $94,232,024 45.70 49.66
8 ATP ATLAS PEARLS LTD Consumer Durables & Apparel $63,661,174 39.99 37.10
9 PTN PATRONUS RESOURCES LIMITED Materials $99,881,266 29.54 37.21
10 DNA DONACO INTERNATIONAL LIMITED Consumer Services $51,833,551 23.32 75.48
11 MLX METALS X LIMITED Materials $452,059,684 24.33 22.24
12 EZZ EZZ LIFE SCIENCE HOLDINGS LIMITED Consumer Discretionary Distribution & Retail $74,533,656 43.70 13.01
13 IRI INTEGRATED RESEARCH LIMITED Software & Services $78,035,191 21.29 25.82
14 QPM QPM ENERGY LIMITED Materials $95,961,021 20.18 23.95
15 NHC NEW HOPE CORPORATION LIMITED Energy $3,060,114,379 20.64 17.87
16 HIT HITECH GROUP AUSTRALIA LIMITED Commercial & Professional Services $65,988,000 63.23 10.31
17 HMC HMC CAPITAL LIMITED Equity Real Estate Investment Trusts (REITs) $1,885,653,890 20.75 17.23
18 NEU NEUREN PHARMACEUTICALS LIMITED Pharmaceuticals, Biotechnology & Life Sciences $1,347,770,228 46.91 10.31
19 STK STRICKLAND METALS LIMITED Materials $209,704,400 28.27 11.79
20 NGI NAVIGATOR GLOBAL INVESTMENTS LIMITED Financial Services $862,539,040 16.14 27.49
21 LYL LYCOPODIUM LIMITED Capital Goods $422,027,784 35.62 10.66
22 MAM MICROEQUITIES ASSET MANAGEMENT GROUP LIMITED Financial Services $65,418,972 25.26 11.22
23 RMS RAMELIUS RESOURCES LIMITED Materials $3,293,015,927 24.97 10.54
24 BIS BISALLOY STEEL GROUP LIMITED Materials $152,813,760 21.07 10.44
25 GNG GR ENGINEERING SERVICES LIMITED Materials $475,283,860 48.37 7.94
26 YAL YANCOAL AUSTRALIA LIMITED Energy $6,351,313,691 12.96 19.15
27 FMG FORTESCUE LTD Materials $46,461,580,612 15.38 12.71
28 AHC AUSTCO HEALTHCARE LIMITED Health Care Equipment & Services $101,937,041 21.94 9.61
29 DRR DETERRA ROYALTIES LIMITED Materials $1,856,503,138 58.28 7.54
30 CUE CUE ENERGY RESOURCES LIMITED Energy $69,909,262 14.53 13.50