Top 200 MFI List - August 16th 2013

August 16th, 2013

I have had a relaxing weekend on a slow Summer day in London. 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	35.53	1,473	40%	5154%	5.3%	USA
PDLI	2	7.99	1,216	29%	715836%	7.4%	USA
EBIX	3	11.00	427	15%	796%	1.1%	USA
TNH	4	219.38	4,059	15%	371%	7.3%	USA
USMO	5	14.22	310	18%	219%	3.5%	USA
GA	6	8.09	1,999	13%	387%	0.0%	China
CYOU	7	29.76	1,592	26%	169%	0.0%	China
ASCMA	8	73.52	1,075	3%	114%	0.0%	USA
BPI	9	16.61	924	24%	143%	0.0%	USA
ESI	10	26.86	633	37%	133%	0.0%	USA
NTES	11	63.57	8,277	12%	496%	1.6%	China
RGR	12	52.12	1,034	15%	180%	2.8%	USA
LO	13	42.16	15,878	12%	681%	4.9%	USA
MSFT	14	31.80	268,456	13%	275%	2.9%	USA
ATVI	15	17.30	19,497	11%	1309%	1.1%	USA
APOL	16	19.19	2,176	36%	120%	0.0%	USA
MYGN	17	27.41	2,265	12%	307%	0.0%	USA
UIS	18	24.25	1,072	18%	124%	0.0%	USA
DLX	19	42.36	2,160	12%	318%	2.4%	USA
CSCO	20	24.27	131,956	11%	347%	2.5%	USA
LPS	21	32.25	2,759	11%	342%	1.2%	USA
GTIV	22	12.86	402	13%	137%	0.0%	USA
TARO	23	65.00	2,910	15%	116%	0.0%	Israel
AAPL	24	502.33	464,286	11%	306%	2.3%	USA
USNA	25	77.15	1,088	12%	196%	0.0%	USA
AZN	26	49.99	62,687	12%	140%	5.6%	United Kingdom
CHE	27	70.93	1,345	12%	185%	1.0%	USA
SWHC	28	11.24	736	20%	100%	0.0%	USA
RPXC	29	15.70	839	10%	1887%	0.0%	USA
RDA	30	11.35	545	12%	152%	10.8%	China
ENDP	31	36.81	4,315	12%	169%	0.0%	USA
CTCM	32	10.86	1,714	14%	115%	5.2%	Russia
COH	33	51.90	14,808	12%	174%	2.3%	USA
VCI	34	27.73	1,080	14%	114%	2.2%	USA
NOC	35	94.02	22,330	13%	112%	2.4%	USA
CRUS	36	20.16	1,334	20%	82%	0.0%	USA
NTE	37	7.71	349	61%	76%	5.6%	China
RTN	38	76.74	24,987	12%	133%	2.7%	USA
VCLK	39	21.58	1,671	11%	207%	0.0%	USA
STRA	40	42.52	448	19%	81%	4.7%	USA
PETS	41	15.36	307	11%	161%	4.0%	USA
ORCL	42	32.41	154,142	10%	466%	0.9%	USA
SAI	43	15.35	5,158	13%	100%	3.1%	USA
CACI	44	68.80	1,673	13%	99%	0.0%	USA
PBI	45	17.49	3,547	12%	121%	8.6%	USA
HLF	46	64.94	6,954	10%	281%	1.8%	Cayman Islands
VGR	47	16.05	1,397	10%	249%	9.8%	USA
DHX	48	8.52	519	10%	398%	0.0%	USA
UTHR	49	71.21	3,749	13%	94%	0.0%	USA
BAH	50	20.90	3,077	11%	137%	41.2%	USA
EXPR	51	20.62	1,763	14%	80%	0.0%	USA
XLS	52	14.66	2,793	18%	70%	2.8%	USA
KLIC	53	11.39	871	29%	66%	0.0%	USA
CA	54	30.55	13,776	10%	462%	2.4%	USA
HPQ	55	26.42	51,440	14%	78%	2.0%	USA
CVRR	56	26.71	3,942	30%	65%	0.0%	USA
MO	57	34.29	68,649	10%	388%	5.0%	USA
STX	58	39.20	14,543	14%	75%	3.7%	Ireland
GME	59	47.58	5,681	11%	105%	1.9%	USA
APEI	60	39.71	708	12%	85%	0.0%	USA
BKE	61	52.77	2,529	11%	118%	10.0%	USA
CF	62	187.84	11,176	22%	64%	0.8%	USA
BCOR	63	20.12	860	9%	761%	0.0%	USA
AVG	64	21.29	1,170	9%	773%	0.0%	Netherlands
GAME	65	4.51	1,218	20%	63%	0.0%	China
ABC	66	56.53	13,322	10%	186%	1.2%	USA
FLR	67	66.19	10,864	11%	91%	1.0%	USA
LF	68	10.39	709	13%	70%	0.0%	USA
MANT	69	28.04	1,041	15%	66%	3.0%	USA
WNR	70	29.75	3,116	25%	59%	6.1%	USA
HRB	71	29.68	8,154	9%	286%	2.7%	USA
GD	72	83.75	29,558	12%	81%	2.5%	USA
HRS	73	57.29	6,222	12%	80%	2.5%	USA
STRZA	74	24.57	3,030	10%	118%	0.0%	USA
GDOT	75	24.52	900	10%	120%	0.0%	USA
NVDA	76	15.19	8,992	11%	102%	1.5%	USA
CPLA	77	55.31	691	10%	133%	0.0%	USA
RAI	78	48.42	26,534	9%	273%	4.8%	USA
DNB	79	102.28	4,071	9%	1225%	1.5%	USA
BLC	80	14.25	1,490	10%	106%	2.3%	USA
MHFI	81	60.66	16,882	9%	437%	1.7%	USA
WCRX	82	21.39	5,407	9%	298%	21.0%	Ireland
ABT	83	34.97	55,137	12%	67%	2.2%	USA
CVI	84	42.66	3,704	35%	54%	12.9%	USA
QCOR	85	65.32	4,017	9%	1013%	1.4%	USA
GTN	86	6.69	388	11%	77%	0.0%	USA
GCI	87	24.46	5,739	13%	62%	3.3%	USA
PHMD	88	14.72	310	14%	59%	0.0%	USA
KFY	89	18.74	906	10%	130%	0.0%	USA
SAVE	90	31.23	2,280	10%	134%	0.0%	USA
PRSC	91	27.43	375	10%	136%	0.0%	USA
DGX	92	58.09	8,949	10%	105%	1.6%	USA
PFMT	93	11.04	546	9%	195%	0.0%	USA
LNN	94	75.18	973	13%	59%	0.6%	USA
MED	95	25.81	360	11%	78%	0.0%	USA
HRG	96	8.70	3,188	11%	78%	0.0%	USA
TW	97	81.73	5,819	9%	146%	0.8%	USA
BR	98	30.57	3,785	9%	178%	2.3%	USA
ABBV	99	43.00	69,187	9%	241%	1.9%	USA
WDC	100	64.60	15,698	16%	53%	1.5%	USA
OSK	101	45.75	4,037	13%	58%	0.0%	USA
EGL	102	33.93	598	13%	56%	0.0%	USA
FWLT	103	24.10	2,416	10%	81%	0.0%	Switzerland
FL	104	34.65	5,291	15%	53%	1.6%	USA
AEO	105	16.30	3,207	14%	53%	11.7%	USA
JOY	106	52.26	5,613	17%	51%	1.3%	USA
MDP	107	44.75	2,022	9%	120%	3.5%	USA
REV	108	24.23	1,269	9%	135%	0.0%	USA
CATO	109	27.09	781	17%	51%	10.1%	USA
CRWN	110	2.94	1,057	9%	129%	0.0%	USA
LMT	111	122.20	39,825	10%	94%	3.5%	USA
SCSS	112	21.71	1,215	10%	104%	0.0%	USA
OMC	113	61.48	15,936	9%	249%	2.1%	USA
WSTC	114	22.05	1,873	10%	104%	2.0%	USA
GORO	115	8.52	474	9%	128%	8.5%	USA
KLAC	116	56.54	9,537	10%	83%	2.9%	USA
ITRN	117	18.35	385	10%	76%	4.5%	Israel
DELL	118	13.82	24,378	9%	103%	2.3%	USA
ACN	119	71.65	51,229	8%	469%	2.3%	Ireland
NSP	120	33.49	832	10%	78%	2.0%	USA
NDZ	121	7.51	465	12%	53%	1.3%	Canada
ARTC	122	33.13	930	9%	102%	0.0%	USA
ROST	123	64.76	14,150	10%	83%	1.0%	USA
CROX	124	13.19	1,172	16%	45%	0.0%	USA
MCK	125	121.82	28,262	8%	183%	0.7%	USA
WINA	126	69.67	362	8%	277%	0.3%	USA
NSU	127	3.40	679	50%	41%	3.0%	Canada
DLB	128	32.51	3,350	9%	91%	12.1%	USA
SYNT	129	71.49	2,992	9%	116%	3.3%	USA
MD	130	97.34	4,920	8%	203%	0.0%	USA
MCO	131	64.44	14,576	8%	404%	1.1%	USA
DK	132	26.76	1,601	31%	41%	2.4%	USA
NCI	133	14.26	728	11%	57%	0.0%	USA
CSGS	134	24.90	808	10%	78%	0.6%	USA
VIAB	135	78.51	38,619	8%	245%	1.4%	USA
DOX	136	38.50	6,263	9%	98%	1.0%	Channel Islands
BBBY	137	73.45	16,037	11%	59%	0.0%	USA
DPS	138	44.83	9,213	9%	82%	3.1%	USA
TWX	139	60.86	57,866	9%	103%	1.7%	USA
HURN	140	50.02	1,138	9%	83%	0.0%	USA
PBH	141	31.66	1,648	8%	276%	0.0%	USA
LH	142	96.86	9,076	9%	91%	0.0%	USA
EME	143	39.27	2,674	10%	62%	1.2%	USA
CO	144	4.27	316	14%	43%	0.0%	Hong Kong
DV	145	28.91	1,843	14%	43%	1.1%	USA
CHS	146	15.88	2,533	13%	47%	1.0%	USA
SPLS	147	16.84	11,183	13%	46%	2.8%	USA
PBF	148	22.17	614	43%	38%	1.3%	USA
NTGR	149	29.67	1,159	13%	44%	0.0%	USA
SNDK	150	55.81	13,719	9%	80%	0.4%	USA
CAH	151	51.32	17,500	10%	66%	2.0%	USA
GPN	152	47.98	3,678	9%	83%	0.2%	USA
PM	153	85.75	139,858	8%	140%	3.9%	USA
SYNA	154	40.88	1,437	9%	81%	0.0%	USA
IGT	155	18.67	4,914	10%	73%	1.4%	USA
CBPO	156	23.08	644	11%	50%	0.0%	China
IACI	157	49.99	4,327	8%	127%	1.9%	USA
GRMN	158	37.78	7,416	9%	84%	4.7%	Cayman Islands
JCOM	159	51.25	2,358	8%	622%	2.3%	USA
TRW	160	70.58	8,879	12%	45%	0.0%	USA
VECO	161	33.58	1,315	11%	52%	0.0%	USA
ARB	162	45.50	1,249	8%	161%	0.9%	USA
ARDNA	163	130.10	400	9%	88%	16.1%	USA
SEM	164	8.56	1,171	12%	48%	18.0%	USA
RECN	165	12.96	525	10%	68%	1.9%	USA
VRA	166	20.14	818	12%	45%	0.0%	USA
SHOO	167	52.35	2,344	9%	87%	0.0%	USA
LHCG	168	23.99	411	11%	55%	0.0%	USA
LXK	169	39.86	2,555	14%	40%	3.0%	USA
CMTL	170	25.97	437	13%	40%	4.2%	USA
IBM	171	185.34	205,616	9%	90%	1.8%	USA
DTV	172	59.57	33,419	10%	59%	0.0%	USA
FCN	173	32.66	1,316	10%	53%	0.0%	USA
TJX	174	50.48	36,979	9%	84%	0.9%	USA
KONG	175	9.62	408	7%	748%	0.0%	China
HAS	176	44.90	5,925	9%	68%	3.4%	USA
STO	177	21.70	69,034	34%	35%	5.2%	Norway
LLY	178	52.86	57,302	9%	66%	3.7%	USA
AAP	179	80.80	5,926	11%	47%	0.3%	USA
MDT	180	53.91	55,150	9%	77%	1.9%	USA
FORTY	181	24.10	340	11%	46%	1.6%	Israel
IGTE	182	22.28	1,312	10%	57%	0.0%	USA
NSR	183	51.96	3,481	8%	171%	0.0%	USA
PLT	184	44.06	1,923	9%	64%	0.9%	USA
LLL	185	91.20	8,308	11%	46%	2.2%	USA
CR	186	59.48	3,499	10%	56%	1.9%	USA
VAR	187	71.72	7,872	9%	84%	0.0%	USA
LEA	188	70.88	6,064	12%	41%	0.8%	USA
PIR	189	21.79	2,349	10%	59%	0.8%	USA
TI	190	6.90	13,349	13%	38%	12.2%	Italy
EDMC	191	6.99	871	12%	41%	0.0%	USA
MCRS	192	49.51	3,986	7%	608%	0.0%	USA
MWW	193	4.53	507	10%	50%	0.0%	USA
FRAN	194	23.30	1,046	8%	112%	0.0%	USA
SCCO	195	28.80	24,336	11%	45%	12.8%	USA
CBS	196	51.68	32,248	8%	93%	0.9%	USA
LQDT	197	32.50	1,058	7%	659%	0.0%	USA
EZPW	198	17.77	964	15%	36%	0.0%	USA
MX	199	19.69	731	17%	35%	0.0%	South Korea
CEO	200	191.70	85,897	19%	35%	2.9%	Hong Kong

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! 

Ticker	Mkt Cap	Date	My Ranking
ATVI	11,937.26	16-Aug	14
MO	68,744.80	16-Aug	55
APEI	700.72	16-Aug	59
APOL	2,165.30	16-Aug	16
AAPL	456,337.70	16-Aug	23
BCOR	827.80	16-Aug	62
BAH	2,909.87	16-Aug	49
BKE	2,550.01	16-Aug	60
CA	13,762.26	16-Aug	53
CACI	1,591.76	16-Aug	45
CF	10,894.72	16-Aug	61
CHE	1,316.46	16-Aug	26
CRUS	1,279.25	16-Aug	35
CSCO	127,854.40	16-Aug	19
COH	14,600.87	16-Aug	32
DLX	2,134.94	16-Aug	18
DHX	503.74	16-Aug	47
EBIX	406.74	16-Aug	3
ENDP	4,537.86	16-Aug	30
XLS	2,757.55	16-Aug	51
EXPR	1,760.74	16-Aug	50
FLR	10,791.16	16-Aug	66
GME	5,662.02	16-Aug	58
GTIV	402.71	16-Aug	21
HLF	6,688.82	16-Aug	44
HPQ	50,805.66	16-Aug	54
IDCC	1,463.13	16-Aug	1
ESI	627.66	16-Aug	9
LPS	2,750.93	16-Aug	20
LO	15,810.00	16-Aug	12
MSFT	264,830.40	16-Aug	13
MYGN	2,422.69	16-Aug	15
NOC	21,700.00	16-Aug	34
PDLI	1,354.04	16-Aug	2
PETS	308.87	16-Aug	39
PBI	3,529.53	16-Aug	43
RTN	24,710.28	16-Aug	37
RPXC	849.79	16-Aug	28
SAI	5,249.70	16-Aug	42
STX	14,089.93	16-Aug	57
SWHC	722.70	16-Aug	27
STRA	462.21	16-Aug	40
RGR	1,008.05	16-Aug	11
UIS	1,059.73	16-Aug	17
UTHR	3,549.18	16-Aug	48
USMO	308.09	16-Aug	5
USNA	1,036.28	16-Aug	24
VCI	1,077.59	16-Aug	33
VCLK	1,603.37	16-Aug	38
VGR	1,442.86	16-Aug	46