Best Greenblatt Magic Formula Stocks in Indonesia for 2026
High earnings yield plus high ROIC: Joel Greenblatt's Magic Formula for market-beating returns.
Indonesia listings on the Indonesia Stock Exchange (IDX) lean toward financials, materials, and consumer staples. IFRS reporting; the universe filter trims the long tail of micro-caps so composite ranks are comparable to other markets on this site.
Data as of (updated daily)
Top 20 Indonesia stocks by composite score
| # | Ticker | Name | Composite |
|---|---|---|---|
| 1 | LMAS.JK | Limas Indonesia Makmur Tbk | 70.1 |
| 2 | MLBI.JK | Multi Bintang Indonesia Tbk | 64.7 |
| 3 | LPPF.JK | Matahari Department Store Tbk | 73.3 |
| 4 | DAYA.JK | Duta Intidaya Tbk PT | 66.1 |
| 5 | VIVA.JK | Visi Media Asia Tbk | 49.0 |
| 6 | SAFE.JK | Steady Safe TBK PT | 63.5 |
| 7 | PALM.JK | Provident Agro Tbk | 64.5 |
| 8 | PSAB.JK | J Resources Asia Pasifik Tbk | 74.4 |
| 9 | KING.JK | Hoffmen Cleanindo | 53.7 |
| 10 | SIDO.JK | Sido Muncul PT | 58.7 |
| 11 | DKFT.JK | Central Omega Resources Tbk PT | 68.1 |
| 12 | PBSA.JK | Paramita Bangun Sarana Tbk PT | 70.7 |
| 13 | PDES.JK | Destinasi Tirta Nusantara Tbk | 77.9 |
| 14 | MARK.JK | Mark Dynamics Indonesia Tbk PT | 67.1 |
| 15 | BSSR.JK | Baramulti Suksessarana Tbk | 63.6 |
| 16 | NICK.JK | Charnic Capital Tbk PT | 63.2 |
| 17 | HELI.JK | Jaya Trishindo Tbk PT | 69.5 |
| 18 | LFLO.JK | Imago Mulia Persada Tbk PT | 71.2 |
| 19 | TAPG.JK | Triputra Agro Persada Tbk PT | 63.6 |
| 20 | ATIC.JK | Anabatic Technologies Tbk PT | 67.3 |
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Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by composite score within Indonesia; use the screener for the full ranked list.