Best Greenblatt Magic Formula Stocks in Engineering & Construction for 2026

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

Engineering and Construction firms convert backlog into revenue on multi-year contracts, so the Growth pillar uses book-to-bill and backlog coverage alongside reported revenue growth. Margin volatility is high, so the Quality pillar averages operating margins over five years; the Health pillar filters out names with cash-conversion gaps.

Data as of (updated daily)

Top 20 Engineering & Construction stocks by ROIC

#TickerNameROIC
1HOT.XETRAHOCHTIEF Aktiengesellschaft68.6%
20331.HKFse Engineering Holdings Ltd65.7%
3GFRD.LSEGalliford Try PLC57.2%
4SRICHA.BKSriracha Construction Public Company Limited56.1%
5HEIJM.ASKoninklijke Heijmans N.V.45.5%
6KLR.LSEKeller Group PLC45.3%
7ATRL.TOAtkinsRealis Group Inc43.1%
8WBO.JSEWilson Bayly Holmes Ovcon Ltd41.1%
9SYL.AUSymal Group Ltd41.0%
10MGNS.LSEMorgan Sindall Group PLC41.0%
11RNWH.LSERenew Holdings plc37.5%
12BAMNB.ASKoninklijke BAM Groep NV37.3%
13PBSA.JKParamita Bangun Sarana Tbk PT32.5%
140240.HKBuild King Holdings Ltd30.4%
15VH2.XETRAFriedrich Vorwerk Group SE30.1%
16002990.KOKumho Ind27.6%
171627.HKAble Engineering Holdings Ltd26.8%
18COST.LSECostain Group PLC26.3%
19RBX.JSERaubex25.1%
20SRM.NSESRM CONTRACTORS ORD (BSE)23.8%

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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 the Engineering & Construction industry; use the screener for the full ranked list.

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