Top 200 December 9th 2011

It has been a few weeks since I have created a top 200 list. As my 20 faithful readers know, I have a spreadsheet that calculates the earnings yield and return on capital for all stocks with market caps greater than 50m (excluding Financials and Utilities). I then rank them per the magic formula and then compare to the actual list.

Rinse, Lather, Repeat.

I also thought that while you perused the list, you might enjoy the Swaroski Crystal Christmas tree in the Zurich Train Station.

Ticker	Rank	Date	Stock Price	Market Cap	Earnings Yield	ROIC	Yahoo Yield
LMLP	1	12/11	1.97	57	77%	16645%	0.0%
STV	2	12/11	3.64	215	132%	507%	0.0%
GCAP	3	12/11	6.59	256	50%	649%	0.8%
PDLI	4	12/11	6.09	1,017	26%	916083%	10.0%
DEPO	5	12/11	4.73	262	26%	3896%	0.0%
GTAT	6	12/11	8.16	1,053	37%	421%	0.0%
TNAV	7	12/11	8.61	388	29%	498%	0.0%
TAOM	8	12/11	4.82	180	23%	745%	0.0%
CYOU	9	12/11	23.81	1,270	27%	363%	0.0%
MNTA	10	12/11	15.50	791	45%	248%	0.0%
ESI	11	12/11	56.44	1,529	33%	270%	0.0%
BPI	12	12/11	22.19	1,251	26%	344%	0.0%
LACO	13	12/11	2.00	53	173%	191%	0.0%
NVMI	14	12/11	6.68	181	30%	246%	0.0%
GA	15	12/11	4.01	945	20%	607%	79.7%
USMO	16	12/11	13.76	311	23%	303%	7.4%
VECO	17	12/11	23.74	951	68%	174%	0.0%
CMM	18	12/11	21.99	55	68%	124%	0.0%
FRX	19	12/11	29.66	8,120	24%	194%	0.0%
CPLA	20	12/11	33.94	511	24%	190%	0.0%
ACAD	21	12/11	1.05	55	16%	2177%	0.0%
TSRA	22	12/11	16.54	850	22%	193%	0.0%
UEPS	23	12/11	7.52	339	29%	150%	0.0%
TNH	24	12/11	155.72	2,881	16%	559%	9.2%
XNY	25	12/11	1.78	103	559%	109%	0.0%
APOL	26	12/11	50.36	6,914	19%	222%	0.0%
DJCO	27	12/11	63.68	88	45%	120%	0.0%
UIS	28	12/11	24.42	1,236	23%	168%	0.0%
MDF	29	12/11	7.80	329	17%	329%	0.0%
GAME	30	12/11	4.38	1,248	27%	137%	0.0%
DELL	31	12/11	15.79	28,864	18%	231%	0.0%
AFAM	32	12/11	14.68	137	35%	112%	0.0%
GTIV	33	12/11	6.11	185	19%	191%	0.0%
KLIC	34	12/11	9.43	700	42%	105%	0.0%
MBND	35	12/11	3.25	75	17%	253%	0.0%
CRAY	36	12/11	6.35	224	30%	112%	0.0%
CTCM	37	12/11	9.65	1,524	17%	219%	6.9%
ASYS	38	12/11	8.69	85	388%	87%	0.0%
EGY	39	12/11	5.85	339	47%	92%	0.0%
PWER	40	12/11	4.12	576	57%	88%	0.0%
CECO	41	12/11	7.14	529	95%	83%	0.0%
PETS	42	12/11	9.76	202	19%	148%	5.4%
DLB	43	12/11	32.89	3,640	16%	240%	0.0%
MSFT	44	12/11	25.70	218,193	15%	339%	2.7%
XLS	45	12/11	8.76	1,612	29%	98%	1.2%
SAVE	46	12/11	15.81	1,145	14%	629%	0.0%
AMED	47	12/11	10.67	307	31%	91%	0.0%
AZN	48	12/11	46.19	62,772	19%	128%	5.9%
CPIX	49	12/11	5.83	120	20%	122%	0.0%
WSTG	50	12/11	11.77	54	19%	124%	6.7%
SAI	51	12/11	12.46	4,099	19%	119%	0.0%
GNI	52	12/11	109.99	165	13%	822%	12.1%
KFY	53	12/11	15.77	743	18%	129%	0.0%
AMAT	54	12/11	11.20	14,795	22%	101%	2.8%
CHKE	55	12/11	12.04	101	14%	377%	6.7%
LPS	56	12/11	18.78	1,585	16%	178%	2.2%
VG	57	12/11	2.45	591	16%	163%	0.0%
GME	58	12/11	24.20	3,383	20%	107%	0.0%
LIWA	59	12/11	5.43	163	108%	74%	0.0%
RIMM	60	12/11	16.46	8,628	51%	75%	0.0%
RTN	61	12/11	45.55	16,006	17%	147%	3.7%
STRA	62	12/11	96.30	1,122	16%	158%	4.3%
DLX	63	12/11	22.38	1,146	14%	237%	4.7%
MANT	64	12/11	33.46	1,231	19%	107%	1.3%
USNA	65	12/11	31.49	479	17%	126%	0.0%
NOC	66	12/11	56.40	15,753	18%	108%	15.0%
HRB	67	12/11	15.92	4,774	14%	306%	2.9%
PWRD	68	12/11	10.98	558	40%	74%	0.0%
PRX	69	12/11	32.03	1,178	18%	104%	0.0%
KLAC	70	12/11	49.00	8,322	17%	115%	2.5%
SOHU	71	12/11	52.40	2,035	16%	144%	0.0%
CBRX	72	12/11	2.19	195	12%	1545%	0.0%
RIMG	73	12/11	11.24	106	606%	96%	4.2%
DV	74	12/11	34.79	2,417	20%	90%	0.8%
MPAA	75	12/11	7.05	87	16%	154%	0.0%
UNTD	76	12/11	5.25	466	15%	168%	7.8%
CNTF	77	12/11	1.79	95	178%	64%	0.0%
MEDW	78	12/11	12.79	106	12%	822%	0.0%
OSIR	79	12/11	4.94	164	12%	585%	0.0%
PRSC	80	12/11	12.51	166	15%	144%	0.0%
VPHM	81	12/11	23.78	2,075	13%	265%	0.0%
CJES	82	12/11	22.82	1,182	19%	88%	0.0%
SNDK	83	12/11	50.39	12,279	13%	219%	0.0%
DEXO	84	12/11	1.40	70	15%	138%	0.0%
CUB	85	12/11	44.13	1,180	13%	230%	0.7%
SPRD	86	12/11	22.90	1,206	12%	330%	0.4%
KONG	87	12/11	4.55	194	27%	69%	0.0%
ESIC	88	12/11	4.16	138	14%	163%	0.0%
ITT	89	12/11	19.94	1,859	55%	58%	8.3%
NOK	90	12/11	5.16	19,162	17%	94%	10.9%
CHOP	91	12/11	3.51	208	79%	57%	0.0%
LRCX	92	12/11	42.63	5,288	17%	85%	0.0%
CXDC	93	12/11	5.14	245	33%	60%	0.0%
LUK	94	12/11	23.26	5,689	15%	129%	1.1%
OMPI	95	12/11	9.96	186	15%	120%	0.0%
EDS	96	12/11	4.99	150	3473%	53%	0.0%
INTX	97	12/11	11.12	211	17%	84%	6.5%
MKSI	98	12/11	27.97	1,482	21%	65%	1.7%
NBIX	99	12/11	7.45	420	11%	2183%	0.0%
DTLK	100	12/11	7.84	133	16%	86%	0.0%
EME	101	12/11	25.85	1,769	15%	104%	0.2%
NTES	102	12/11	47.26	6,196	12%	424%	0.0%
MED	103	12/11	14.58	204	18%	74%	0.0%
AIXG	104	12/11	12.18	1,216	29%	57%	7.1%
ATVI	105	12/11	12.24	14,052	11%	753%	1.4%
OSK	106	12/11	21.37	1,958	20%	67%	0.0%
ICON	107	12/11	17.63	1,335	12%	295%	0.0%
ADI	108	12/11	35.20	10,762	13%	140%	2.8%
CHE	109	12/11	50.20	1,057	13%	181%	1.2%
LEA	110	12/11	40.43	4,278	21%	62%	1.2%
INSP	111	12/11	9.93	389	12%	226%	0.0%
CLCT	112	12/11	14.11	112	11%	695%	9.2%
CEL	113	12/11	16.32	1,615	17%	76%	21.6%
LO	114	12/11	109.30	14,976	11%	724%	4.8%
VCI	115	12/11	21.36	1,020	15%	101%	0.0%
ITRN	116	12/11	12.67	266	16%	83%	8.2%
TRW	117	12/11	33.55	4,442	23%	57%	0.0%
MYGN	118	12/11	20.38	1,774	11%	269%	0.0%
NATR	119	12/11	16.24	253	14%	104%	0.0%
LXK	120	12/11	33.32	2,599	24%	56%	0.8%
CO	121	12/11	2.24	165	27%	53%	0.0%
TER	122	12/11	14.12	3,133	14%	97%	0.0%
CMED	123	12/11	2.97	79	18%	64%	0.0%
CA	124	12/11	21.41	10,577	11%	329%	0.9%
CF	125	12/11	141.56	9,895	20%	58%	0.7%
MRX	126	12/11	32.83	2,230	11%	827%	0.9%
LRAD	127	12/11	1.73	56	13%	117%	0.0%
STRI	128	12/11	9.30	386	27%	53%	0.0%
ENTR	129	12/11	5.24	466	16%	77%	0.0%
GILD	130	12/11	39.01	30,479	12%	160%	0.0%
NSU	131	12/11	5.91	1,190	21%	57%	0.5%
CSGS	132	12/11	15.09	498	16%	78%	0.0%
MDP	133	12/11	30.93	1,398	13%	111%	3.8%
COOL	134	12/11	3.07	127	12%	162%	0.0%
WSTL	135	12/11	2.13	146	36%	49%	0.0%
GCI	136	12/11	13.34	3,246	19%	57%	1.9%
LPH	137	12/11	1.30	132	71%	46%	0.0%
RDA	138	12/11	10.90	509	11%	341%	0.0%
JCOM	139	12/11	27.11	1,259	11%	822%	1.5%
NSP	140	12/11	25.55	651	14%	85%	2.4%
SHS	141	12/11	40.84	1,980	18%	60%	0.0%
CBPO	142	12/11	11.30	289	22%	53%	0.0%
DISH	143	12/11	25.83	11,565	15%	81%	7.9%
WU	144	12/11	18.18	11,401	11%	727%	1.7%
NATH	145	12/11	21.00	108	12%	151%	0.0%
MRVL	146	12/11	14.29	8,767	12%	142%	0.0%
CSCO	147	12/11	18.88	102,084	11%	231%	1.0%
YONG	148	12/11	4.22	209	56%	45%	0.0%
NVLS	149	12/11	37.23	2,620	15%	71%	0.0%
ABC	150	12/11	36.37	9,870	12%	159%	1.3%
DNB	151	12/11	71.72	3,521	10%	953%	2.0%
LHCG	152	12/11	13.05	238	20%	53%	0.0%
GD	153	12/11	65.07	23,613	15%	75%	2.9%
PBH	154	12/11	9.66	489	11%	201%	0.0%
CVI	155	12/11	19.01	1,668	41%	45%	0.0%
INTC	156	12/11	25.01	133,553	14%	80%	3.2%
HPQ	157	12/11	27.90	55,940	14%	80%	1.5%
LMT	158	12/11	77.42	25,827	13%	89%	4.3%
ALTR	159	12/11	35.89	11,738	11%	405%	0.8%
EXPR	160	12/11	20.24	1,799	13%	98%	0.0%
LINC	161	12/11	7.30	161	41%	45%	10.5%
BID	162	12/11	30.50	2,056	16%	63%	0.8%
FCX	163	12/11	39.73	37,942	27%	47%	2.6%
PRIM	164	12/11	14.88	760	14%	81%	0.7%
TGA	165	12/11	7.69	580	24%	48%	0.0%
ERIC	166	12/11	10.00	32,360	15%	69%	3.4%
LLY	167	12/11	39.27	43,741	15%	72%	5.0%
MFW	168	12/11	24.99	487	12%	127%	0.0%
KRO	169	12/11	18.29	2,120	20%	52%	3.2%
MHP	170	12/11	43.21	13,119	11%	295%	2.4%
ALV	171	12/11	54.13	5,061	18%	55%	3.3%
CACI	172	12/11	57.21	1,707	12%	103%	0.0%
MCK	173	12/11	79.74	19,935	11%	218%	1.0%
CHRM	174	12/11	9.70	399	17%	56%	0.0%
TNDM	175	12/11	10.55	336	20%	51%	0.0%
SFUN	176	12/11	13.84	1,157	10%	1401%	0.0%
BLC	177	12/11	6.06	630	13%	84%	1.7%
STO	178	12/11	26.65	84,796	34%	44%	4.3%
GURE	179	12/11	2.05	71	708%	41%	0.0%
MD	180	12/11	66.25	3,242	11%	229%	0.0%
DAR	181	12/11	13.98	1,645	15%	65%	0.0%
IOSP	182	12/11	29.94	710	15%	68%	0.0%
PTNR	183	12/11	9.08	1,414	15%	62%	13.0%
IDCC	184	12/11	42.42	1,963	10%	2053%	0.7%
OVTI	185	12/11	13.23	797	36%	43%	0.0%
UFPT	186	12/11	15.10	106	18%	52%	0.0%
BKE	187	12/11	40.48	1,916	12%	92%	7.7%
CMTL	188	12/11	29.55	861	14%	72%	3.4%
LLL	189	12/11	66.16	6,934	16%	59%	2.8%
PBI	190	12/11	18.83	3,807	12%	102%	8.0%
SLI	191	12/11	18.96	87	22%	46%	0.0%
HNH	192	12/11	10.92	138	21%	46%	0.0%
RBCN	193	12/11	10.14	237	43%	42%	0.0%
CRWN	194	12/11	1.37	493	11%	214%	0.0%
BTN	195	12/11	3.78	55	51%	41%	0.0%
MCO	196	12/11	35.42	8,111	10%	280%	1.5%
LTXC	197	12/11	6.45	319	15%	57%	0.0%
TW	198	12/11	62.22	4,379	11%	122%	0.5%
BTM	199	12/11	17.96	3,531	28%	43%	9.5%
ASIA	200	12/11	8.94	649	16%	54%	0.0%

I felt like there were some new names near the top that I don't recall seeing recently. GCAP is one brand new one. This (so far as I can tell) seems to be a new company with stock prices only going back to September. They look very interesting, with a 3% dividend (my spreadsheet, which is far from perfect on dividends only show 0.8% as they have only paid a nickel in the past year... since they are a new company). They seem like a quasi-financial company, so I am not sure they qualify as they have a lot of cash (370m for a company with a 225m market cap).

Here is how I compare with the official top 50 over $50m list. It is my best matching in quite a while:

Ticker	Mkt Cap	Date	My Ranking
ACAD	53.33	8-Dec	21
AFAM	132.54	8-Dec	32
AMED	314.71	8-Dec	47
ASYS	76.39	8-Dec	38
APOL	6,405.21	8-Dec	26
AMAT	14,374.26	8-Dec	54
ASTX	151.38	8-Dec	#N/A
CPLA	486.27	8-Dec	20
CECO	531.42	8-Dec	41
CHKE	100.56	8-Dec	55
CBRX	188.50	8-Dec	72
CMTL	736.38	8-Dec	188
CRAY	221.13	8-Dec	36
CPIX	119.07	8-Dec	49
DELL	27,822.50	8-Dec	31
DLX	1,085.96	8-Dec	63
DLB	3,433.60	8-Dec	43
XLS	1,616.90	8-Dec	45
FRX	7,912.98	8-Dec	19
GTAT	1,019.62	8-Dec	6
GME	3,262.09	8-Dec	58
GTIV	179.36	8-Dec	33
GNI	161.89	8-Dec	52
ESI	1,486.73	8-Dec	11
KFY	747.86	8-Dec	53
KLIC	654.13	8-Dec	34
LMLP	51.53	8-Dec	1
LPS	1,570.51	8-Dec	56
MDF	313.27	8-Dec	29
MSFT	213,614.00	8-Dec	44
MNTA	782.47	8-Dec	10
MPAA	86.75	8-Dec	75
MBND	70.40	8-Dec	35
NOC	14,790.63	8-Dec	66
NVMI	164.18	8-Dec	14
OSIR	152.97	8-Dec	79
PDLI	838.08	8-Dec	4
PETS	190.45	8-Dec	42
PWER	408.63	8-Dec	40
RTN	15,496.32	8-Dec	61
SAI	4,228.40	8-Dec	51
SAVE	1,135.82	8-Dec	46
TNAV	333.24	8-Dec	7
TSRA	812.66	8-Dec	22
USMO	300.61	8-Dec	16
UIS	1,025.54	8-Dec	28
EGY	329.58	8-Dec	39
VECO	897.07	8-Dec	17
VPHM	1,654.92	8-Dec	81
VG	536.73	8-Dec	57

ASTX is missing due to a ticker change. GTAT has finally "caught" up. VG scores better than in the past, something must have changed in the financials I use.

Another interesting stock is XLS. This is the defense arm of ITT that recently went through a spin-off. They are down 13% since the spin-off (to $8.76) and pay a 4.5% dividend.