Best Greenblatt Magic Formula Stocks in Australia for 2026

High earnings yield plus high ROIC: Joel Greenblatt's Magic Formula for market-beating returns.

Australia listings on the ASX have a deep materials and financials tilt with a long-running dividend culture, so the dividend-yield preset and Health pillar tend to be where ASX stocks differentiate against global peers.

Data as of (updated daily)

Top 20 Australia stocks by ROIC

#TickerNameROIC
1GQG.AUGQG Partners Inc202.3%
2MMI.AUMetro Mining Ltd142.2%
3EDU.AUEDU Holdings Ltd131.6%
4NWL.AUNetwealth Group Ltd105.9%
5EUR.AUEuropean Lithium Ltd80.4%
6KCN.AUKingsgate Consolidated Ltd78.5%
7OBM.AUOra Banda Mining Ltd76.8%
8FML.AUFocus Minerals Ltd74.8%
9VGN.AUVirgin Australia Holdings Ltd72.7%
10NMG.AUNew Murchison Gold Ltd68.4%
11OBL.AUOmni Bridgeway Ltd51.4%
12JBH.AUJB Hi-Fi Ltd48.9%
13PMV.AUPremier Investments Ltd47.8%
14FID.AUFiducian Group Ltd47.3%
15JYC.AUJoyce Corporation Ltd47.3%
16HLI.AUHelia Group Ltd46.8%
17SRV.AUServcorp Ltd44.7%
18L1G.AUL1 Group Limited41.6%
19SYL.AUSymal Group Ltd41.0%
20NCK.AUNick Scali Ltd39.2%

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Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by ROIC within Australia; use the screener for the full ranked list.

Frequently asked questions about Greenblatt Magic Formula Stocks in Australia