MFI Top 200 List - August 2nd 2013

August 2nd, 2013

I have had a relaxing weekend on a slow Summer day in Switzerland. As my readers know, I like to replicate the official MFI site (Magic Formula Investing) every now and then.  I add a few extra elements such as (1) country, (2) yahoo yield, (3) my calculated stats, (4) ranking and (5) 200 stocks.

I think my approach is pretty darned accurate.  I use Compustat as well and formulas that were devised by a team on the Yahoo Groups board and detailed in my blog (MFI Diary: The Calculation).  I also cross reference my list with the official top 50 and they are almost always within my top 100 (I have more on my list as I do not exclude some stocks the official site excludes, such as some stocks in other countries).

Be aware that this is all formula driven, the dividend yields should definitely be verified as they come from Yahoo Finance which is not always reliable.  The main financials (from Compustat) have seemed very reliable to me.

Ticker	Rank	Stock Price	Market Cap	Earnings Yield	ROIC	Dividend Yield	Country
IDCC	1	40.54	1,681	32%	5154%	4.6%	USA
PDLI	2	8.37	1,248	27%	648782%	7.4%	USA
EBIX	3	11.50	446	16%	803%	1.5%	USA
TNH	4	218.00	4,033	16%	427%	7.3%	USA
BPI	5	16.59	912	33%	198%	0.0%	USA
SPPI	6	8.46	501	12%	2433%	1.8%	USA
USMO	7	15.37	335	17%	219%	3.3%	USA
CYOU	8	31.96	1,709	24%	171%	11.5%	China
ESI	9	27.53	648	36%	133%	0.0%	USA
RGR	10	53.93	1,070	15%	180%	2.8%	USA
MSFT	11	31.89	269,215	13%	275%	2.8%	USA
AAPL	12	462.54	427,510	12%	306%	2.4%	USA
LO	13	43.30	16,307	12%	681%	4.9%	USA
APOL	14	19.44	2,204	36%	120%	0.0%	USA
GA	15	8.45	2,081	12%	384%	0.0%	China
UIS	16	25.66	1,134	22%	124%	0.0%	USA
ATVI	17	18.08	20,376	11%	1309%	1.0%	USA
VCLK	18	21.37	1,654	11%	623%	0.0%	USA
LPS	19	33.02	2,811	12%	265%	1.2%	USA
NTES	20	63.84	8,291	11%	473%	1.6%	China
GTIV	21	11.16	349	14%	137%	0.0%	USA
AZN	22	51.19	63,988	13%	142%	5.5%	United Kingdom
RDA	23	11.27	542	12%	179%	10.6%	China
SCLN	24	6.12	346	13%	130%	0.0%	USA
CHE	25	71.73	1,360	11%	185%	1.0%	USA
TARO	26	65.80	2,945	15%	108%	0.0%	Israel
SWHC	27	12.45	815	18%	100%	0.0%	USA
COH	28	53.33	15,216	11%	174%	2.3%	USA
VCI	29	29.17	1,136	13%	114%	2.1%	USA
NVDA	30	14.76	9,141	13%	119%	1.5%	USA
NOC	31	94.89	22,536	13%	112%	2.4%	USA
DELL	32	13.68	24,090	12%	134%	2.5%	USA
ENDP	33	39.21	4,438	11%	162%	0.0%	USA
RTN	34	75.65	24,632	12%	133%	2.8%	USA
HLF	35	64.09	6,863	10%	281%	1.8%	Cayman Islands
RPXC	36	16.52	883	10%	1887%	0.0%	USA
HFC	37	45.10	9,210	37%	78%	6.1%	USA
VLO	38	35.09	19,229	23%	82%	1.9%	USA
CRUS	39	19.64	1,300	21%	82%	0.0%	USA
CTCM	40	11.57	1,830	13%	103%	5.0%	Russia
ORCL	41	32.57	154,903	10%	466%	0.9%	USA
DXM	42	15.65	159	51%	74%	0.0%	USA
STRA	43	44.80	472	18%	81%	4.4%	USA
USNA	44	85.15	1,201	10%	196%	0.0%	USA
SAI	45	15.65	5,258	13%	100%	3.1%	USA
PBI	46	17.46	3,541	12%	121%	8.9%	USA
AVG	47	20.55	1,129	9%	773%	0.0%	Netherlands
CA	48	30.39	13,706	10%	462%	3.3%	USA
BAH	49	21.00	3,092	11%	137%	40.1%	USA
MYGN	50	29.78	2,455	10%	249%	0.0%	USA
CSCO	51	26.19	141,086	10%	331%	2.4%	USA
CF	52	193.34	12,142	24%	72%	0.8%	USA
DHX	53	8.83	538	10%	398%	0.0%	USA
CPLA	54	51.35	642	11%	133%	0.0%	USA
CACI	55	66.98	1,588	13%	88%	0.0%	USA
KLIC	56	11.84	905	27%	66%	0.0%	USA
GDOT	57	23.59	866	11%	120%	0.0%	USA
HPQ	58	27.00	52,569	13%	78%	2.0%	USA
GORO	59	7.44	414	11%	128%	9.3%	USA
LQDT	60	28.77	930	9%	773%	0.0%	USA
UTHR	61	76.69	4,038	12%	94%	0.0%	USA
XLS	62	15.02	2,851	17%	69%	2.7%	USA
MO	63	35.68	71,431	9%	388%	4.9%	USA
STX	64	41.10	15,248	13%	75%	3.4%	Ireland
EGY	65	6.24	369	28%	63%	0.0%	USA
EXPR	66	22.85	1,953	12%	80%	0.0%	USA
GAME	67	4.28	1,156	22%	63%	0.0%	China
GTN	68	8.11	468	12%	88%	0.0%	USA
ABC	69	58.48	13,782	9%	186%	1.2%	USA
FLR	70	66.53	10,920	11%	91%	1.0%	USA
ETM	71	10.10	375	11%	113%	0.0%	USA
HRS	72	57.12	6,203	12%	80%	2.5%	USA
GME	73	50.39	6,017	11%	105%	1.9%	USA
FORTY	74	23.46	328	11%	90%	1.6%	Israel
STRZA	75	24.78	3,056	10%	118%	0.0%	USA
MANT	76	28.72	1,066	15%	66%	2.9%	USA
WCRX	77	21.61	5,463	9%	298%	20.8%	Ireland
QCOR	78	65.85	4,050	9%	1013%	1.3%	USA
LF	79	10.82	738	13%	70%	0.0%	USA
APEI	80	40.84	735	11%	84%	0.0%	USA
BLC	81	14.22	1,487	10%	106%	2.3%	USA
NSU	82	3.26	653	75%	54%	3.1%	Canada
BKE	83	57.06	2,735	10%	118%	9.3%	USA
GD	84	87.49	30,878	11%	81%	2.4%	USA
RAI	85	50.66	27,762	9%	273%	4.7%	USA
BCOR	86	21.57	922	8%	761%	0.0%	USA
MHFI	87	62.76	17,466	9%	437%	1.7%	USA
HRB	88	31.89	8,761	9%	286%	2.5%	USA
EGL	89	34.19	594	14%	60%	0.0%	USA
CRWN	90	2.84	1,021	9%	129%	0.0%	USA
NTE	91	7.45	341	53%	52%	6.0%	China
DGX	92	58.61	9,029	10%	105%	1.6%	USA
KFY	93	19.55	945	9%	130%	0.0%	USA
REV	94	24.50	1,283	9%	135%	0.0%	USA
WDC	95	65.16	15,834	15%	53%	1.5%	USA
LNN	96	77.42	1,002	12%	59%	0.6%	USA
PHMD	97	15.70	332	12%	63%	0.0%	USA
JOY	98	50.48	5,422	17%	51%	1.4%	USA
OMC	99	63.49	16,457	8%	249%	2.0%	USA
OSK	100	46.86	4,135	12%	58%	0.0%	USA
RIOM	101	2.12	381	31%	47%	0.0%	Canada
LMT	102	123.77	40,337	10%	94%	3.5%	USA
CATO	103	28.72	828	16%	51%	9.8%	USA
FL	104	37.31	5,697	13%	53%	1.5%	USA
MD	105	98.00	4,954	8%	290%	0.0%	USA
NDZ	106	7.34	454	13%	53%	1.4%	Canada
DK	107	29.84	1,810	30%	45%	2.2%	USA
BR	108	29.23	3,654	8%	191%	2.4%	USA
NSP	109	33.52	836	10%	78%	2.0%	USA
SCSS	110	22.71	1,271	9%	104%	0.0%	USA
PFMT	111	10.78	528	8%	177%	0.0%	USA
TW	112	85.28	6,061	9%	141%	0.8%	USA
JCOM	113	46.09	2,105	8%	652%	2.5%	USA
CSTR	114	-	-	64%	43%	0.0%	USA
ALDW	115	21.53	1,346	15%	48%	2.7%	USA
MCK	116	123.42	28,633	8%	183%	0.7%	USA
NCI	117	13.74	701	11%	57%	0.0%	USA
FWLT	118	21.87	2,288	11%	65%	0.0%	Switzerland
MDP	119	48.94	2,212	9%	120%	3.2%	USA
CSGS	120	24.04	782	10%	71%	0.6%	USA
VIAB	121	79.17	38,944	8%	245%	1.5%	USA
IILG	122	21.83	1,254	8%	221%	1.9%	USA
DOX	123	38.67	6,290	9%	98%	1.0%	Channel Islands
SYNT	124	72.65	3,040	9%	116%	3.3%	USA
DLB	125	32.97	3,397	9%	91%	12.0%	USA
KLAC	126	59.50	10,037	9%	84%	2.7%	USA
ACN	127	74.59	53,331	8%	469%	2.2%	Ireland
WINA	128	71.40	371	8%	277%	0.2%	USA
CROX	129	14.07	1,248	14%	45%	0.0%	USA
LH	130	97.46	9,132	9%	91%	0.0%	USA
IACI	131	49.72	4,304	8%	127%	1.9%	USA
SYNA	132	40.71	1,431	9%	81%	0.0%	USA
SPLS	133	17.00	11,289	13%	46%	2.7%	USA
AEO	134	20.05	3,944	11%	53%	9.7%	USA
CAH	135	51.11	17,429	10%	66%	2.0%	USA
SAVE	136	34.10	2,489	10%	70%	0.0%	USA
MED	137	26.87	374	9%	73%	0.0%	USA
ITRN	138	17.86	374	10%	71%	4.7%	Israel
GPN	139	48.23	3,697	9%	83%	0.2%	USA
PBF	140	23.00	637	104%	38%	1.3%	USA
SEM	141	8.96	1,233	12%	50%	16.7%	USA
IGT	142	19.29	5,027	9%	74%	1.4%	USA
MCRS	143	48.70	3,920	7%	608%	0.0%	USA
ROST	144	68.93	15,061	9%	83%	0.9%	USA
LHCG	145	23.19	396	11%	54%	0.0%	USA
BBBY	146	77.51	16,923	10%	59%	0.0%	USA
ARDNA	147	132.47	407	9%	88%	15.9%	USA
DPS	148	47.41	9,743	9%	82%	3.0%	USA
TGA	149	6.74	554	34%	38%	0.0%	Canada
EDMC	150	7.39	921	13%	44%	0.0%	USA
GPS	151	46.48	21,892	10%	65%	1.1%	USA
HURN	152	53.00	1,206	9%	83%	0.0%	USA
NTGR	153	30.83	1,205	12%	44%	0.0%	USA
TRW	154	72.72	9,148	12%	45%	0.0%	USA
ARB	155	46.20	1,268	8%	136%	0.9%	USA
DV	156	30.64	1,970	13%	42%	1.0%	USA
SHOO	157	53.31	2,387	9%	87%	0.0%	USA
SNDK	158	58.30	14,331	9%	80%	0.0%	USA
PM	159	89.59	146,121	8%	140%	3.7%	USA
VECO	160	34.00	1,332	11%	52%	0.0%	USA
GNTX	161	23.25	3,348	9%	73%	2.3%	USA
AIT	162	53.19	2,264	11%	49%	1.6%	USA
LXK	163	38.32	2,456	14%	40%	3.1%	USA
SCCO	164	26.68	22,545	12%	45%	14.3%	USA
TGD	165	2.03	296	23%	37%	0.0%	Canada
BRCD	166	6.94	3,240	10%	62%	0.0%	USA
MCO	167	69.22	15,658	7%	404%	1.0%	USA
CHS	168	17.33	2,765	11%	47%	0.9%	USA
RECN	169	13.53	548	9%	69%	1.8%	USA
XRX	170	10.00	12,872	8%	90%	1.9%	USA
DTV	171	61.41	34,451	10%	59%	0.0%	USA
OMI	172	35.64	2,236	8%	106%	2.5%	USA
MDT	173	54.94	56,204	9%	77%	1.9%	USA
CBPO	174	24.60	687	11%	50%	0.0%	China
IBM	175	195.16	216,511	8%	90%	1.7%	USA
EC	176	45.87	94,301	12%	41%	7.0%	Colombia
PBH	177	35.02	1,822	7%	238%	0.0%	USA
GRMN	178	39.82	7,817	8%	84%	4.5%	Cayman Islands
TI	179	6.55	12,672	14%	39%	12.3%	Italy
LLY	180	53.88	58,408	9%	66%	3.7%	USA
EME	181	42.42	2,889	9%	62%	1.1%	USA
STO	182	21.45	68,239	35%	35%	5.3%	Norway
TWX	183	64.29	61,487	8%	101%	1.7%	USA
ONE	184	10.86	525	8%	94%	0.0%	USA
LEA	185	70.13	6,000	12%	41%	0.9%	USA
LLL	186	94.32	8,593	11%	46%	2.2%	USA
CMTL	187	27.30	459	12%	40%	4.0%	USA
HAS	188	46.99	6,202	9%	68%	3.2%	USA
SBR	189	51.98	758	7%	438917%	7.1%	USA
AGI	190	14.20	1,812	12%	41%	1.4%	Canada
CR	191	61.87	3,640	10%	56%	1.8%	USA
CEO	192	182.96	81,981	20%	35%	3.0%	Hong Kong
CBD	193	44.19	7,271	16%	35%	1.6%	Brazil
IGTE	194	24.02	1,415	9%	57%	0.0%	USA
IPG	195	16.40	7,352	8%	138%	1.6%	USA
EZPW	196	18.53	1,005	14%	36%	0.0%	USA
MX	197	20.08	745	17%	35%	0.0%	South Korea
MSI	198	56.02	15,389	9%	71%	1.8%	USA
TJX	199	53.93	39,507	8%	84%	0.9%	USA
VRA	200	22.65	920	11%	45%	0.0%	USA

Definitely some names moving up/on the list, such as VCLK and MO.  I do a cross compare with the official list.  As you can see, we are pretty darned close!  PETS is really the only miss.  That is slightly more common in peak earnings season as companies are in midst of updating filings and it is possible that s not pick up the recent quarter yet.  I am sure that will self-correct next run.

Ticker	Mkt Cap	Date	My Ranking
ATVI	12,437.23	2-Aug	17
MO	71,531.48	2-Aug	63
APOL	2,193.51	2-Aug	14
AAPL	420,190.80	2-Aug	12
BAH	2,923.79	2-Aug	49
CA	13,692.43	2-Aug	48
CACI	1,543.96	2-Aug	55
CPLA	636.38	2-Aug	54
CF	11,711.76	2-Aug	52
CHE	1,331.31	2-Aug	25
CRUS	1,246.26	2-Aug	39
CSCO	139,199.90	2-Aug	51
COH	15,003.17	2-Aug	28
DELL	24,008.40	2-Aug	32
DHX	522.06	2-Aug	53
EBIX	427.43	2-Aug	3
ENDP	4,825.85	2-Aug	33
XLS	2,825.26	2-Aug	62
EXPR	1,951.16	2-Aug	66
FLR	10,846.59	2-Aug	70
GTIV	349.48	2-Aug	21
GTN	469.83	2-Aug	68
HRS	6,157.54	2-Aug	72
HLF	6,601.27	2-Aug	35
HPQ	51,921.00	2-Aug	58
IDCC	1,669.44	2-Aug	1
ESI	643.32	2-Aug	9
LPS	2,803.40	2-Aug	19
LQDT	909.05	2-Aug	60
LO	16,237.50	2-Aug	13
MSFT	265,579.90	2-Aug	11
NSU	648.77	2-Aug	82
NOC	21,900.80	2-Aug	31
ORCL	165,032.20	2-Aug	41
PDLI	1,170.26	2-Aug	2
PETS	337.43	2-Aug	#N/A
PBI	3,517.67	2-Aug	46
RTN	24,359.30	2-Aug	34
RPXC	887.42	2-Aug	36
SAI	5,352.30	2-Aug	45
STX	14,754.90	2-Aug	64
SWHC	800.50	2-Aug	27
SPPI	507.67	2-Aug	6
STRA	486.98	2-Aug	43
RGR	1,043.06	2-Aug	10
UTHR	3,822.31	2-Aug	61
USNA	1,143.74	2-Aug	44
EGY	361.36	2-Aug	65
VCI	1,133.55	2-Aug	29
VCLK	1,627.22	2-Aug	18