What are the best Greenblatt Magic Formula Stocks stocks in Indonesia?

High earnings yield plus high ROIC: Joel Greenblatt's Magic Formula for market-beating returns. This page ranks Indonesia stocks meeting the Greenblatt Magic Formula Stocks criteria by ROIC, drawn from ShareValue.ai's coverage of 52,000+ globally-listed equities.

How many Greenblatt Magic Formula Stocks stocks does ShareValue.ai find in Indonesia?

The leaderboard on this page shows the top 20 Indonesia stocks meeting the Greenblatt Magic Formula Stocks criteria, ranked by ROIC. Use the screener (with both the Greenblatt Magic Formula Stocks preset and Indonesia filter applied) for the full ranked list.

What is the top Greenblatt Magic Formula Stocks stock in Indonesia right now?

As of the most recent scoring run, Matahari Department Store Tbk (LPPF.JK) ranks first among Indonesia stocks meeting the Greenblatt Magic Formula Stocks criteria with a composite score of 50.5 out of 100. Rankings refresh every weekday night.

What criteria does the Greenblatt Magic Formula Stocks screen use?

High earnings yield plus high ROIC: Joel Greenblatt's Magic Formula for market-beating returns. Every stock also receives four underlying pillar scores (Valuation, Quality, Growth, Health) on a 0-100 scale; detailed pillar weights are documented on the /methodology page. The same Greenblatt Magic Formula Stocks criteria apply across every country ShareValue.ai covers, so this Indonesia list is directly comparable to the same preset applied elsewhere.

How often does this Indonesia list update?

Every weekday night, after the scoring pipeline completes around 03:30 ET. The dateModified stamp on this page reflects the actual last-refresh time so you can verify freshness. Markets-closed weekends and holidays show the most recent weekday's rankings.

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 Sep 28, 2026 (updated daily)

Top 20 Indonesia stocks by ROIC

#	Ticker	Name	Sector	ROIC	P/E
1	LPPF.JK	Matahari Department Store Tbk	Consumer Cyclical	257.2%	4.7
2	MLBI.JK	Multi Bintang Indonesia Tbk	Consumer Defensive	116.5%	11.4
3	DEWA.JK	Darma Henwa Tbk	Energy	56.5%	3.9
4	DAYA.JK	Duta Intidaya Tbk PT	Consumer Cyclical	51.6%	25.8
5	PSAB.JK	J Resources Asia Pasifik Tbk	Basic Materials	43.6%	4.3
6	MARK.JK	Mark Dynamics Indonesia Tbk PT	Healthcare	37.7%	13.0
7	BSSR.JK	Baramulti Suksessarana Tbk	Energy	36.4%	7.6
8	HMSP.JK	Hanjaya Mandala Sampoerna Tbk PT	Consumer Defensive	33.3%	10.1
9	TAPG.JK	Triputra Agro Persada Tbk PT	Consumer Defensive	33.3%	11.1
10	PBSA.JK	Paramita Bangun Sarana Tbk PT	Industrials	33.0%	10.1
11	DKFT.JK	Central Omega Resources Tbk PT	Basic Materials	32.5%	5.4
12	SIDO.JK	Sido Muncul PT	Consumer Defensive	32.1%	10.8
13	TRIM.JK	Trimegah Securities Tbk	Financial Services	30.6%	6.3
14	KRAS.JK	Krakatau Steel Persero Tbk	Basic Materials	28.6%	0.6
15	JTPE.JK	Jasuindo Tiga Perkasa Tbk	Industrials	28.4%	11.8
16	SMSM.JK	Selamat Sempurna Tbk	Consumer Cyclical	28.3%	8.7
17	TLDN.JK	Teladan Prima Agro PT Tbk	Consumer Defensive	27.8%	7.3
18	CASS.JK	PT Cardig Aero Services Tbk	Industrials	27.3%	8.0
19	STAA.JK	Sumber Tani Agung Resources Tbk PT	Consumer Defensive	26.6%	8.1
20	JPFA.JK	Japfa Comfeed Indonesia Tbk	Consumer Defensive	26.4%	4.8

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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 Indonesia; use the screener for the full ranked list.