May 25th, 2015 Top 200 List

Top 200 List

I last created a top 200 list on 5/1. It does take some time,  As I mentioned a couple months ago,  I am expanding the data I bring in... it will take time to build a database, but ten years from now I might be able to tell you something new!

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.

If anyone could think of any other stats that might be interesting, then let me know.  I have now started using price to tangible book.  The data is from GuruFocus.  I have brought in a ton of other data from Gurufocus as well.  That being said, I struggled this pull with Gurufocus. It would only let me export data on 1000 stocks, instead of the 4,000 I need. I have sent them a note asking what is up.

As I have mentioned, I have moved to Gurufocus from Finwiz as Finwiz started charging for downloads. Gurufocus may charge as well, but I have a premium membership with them.  One thing lost from Finwiz was country. So that is no longer in my table.

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, I have tried using Gurufocus for dividend yields - I found it was also unreliable..  The main financials (from Compustat) have seemed very reliable to me.

Ticker	Rank	Stock Price	Market Cap	Earnings Yield	ROIC	Dividend Yield
PDLI	1	6.66	1,135	37%	887017%	9.00%
DEPO	2	20.76	1,236	21%	2731%	0.00%
ENTA	3	40.10	773	24%	1586%	0.00%
PERI	4	3.40	254	42%	677%	0.00%
PSDV	5	4.01	118	13%	3938%	0.00%
CTCM	6	3.48	543	30%	301%	20.60%
KING	7	15.25	4,896	18%	371%	0.00%
AGX	8	35.65	529	13%	784%	0.00%
RPXC	9	16.04	885	12%	1813%	0.00%
CALL	10	8.10	145	14%	330%	0.00%
NLNK	11	42.06	1,343	12%	514%	0.00%
IDCC	12	57.26	2,137	13%	363%	1.40%
KZ	13	6.66	310	13%	320%	0.00%
GAME	14	6.92	1,878	11%	873%	0.00%
HRB	15	32.09	8,831	12%	342%	2.50%
XENE	16	12.59	171	11%	449%	0.00%
ANTM	17	164.19	46,039	12%	287%	1.60%
HLF	18	51.53	4,359	13%	196%	0.00%
CRT	19	18.10	109	14%	159%	8.60%
GSK	20	45.26	110,004	17%	138%	5.00%
SJT	21	11.02	514	10%	678%	3.00%
GME	22	40.80	4,468	14%	139%	3.60%
NATH	23	40.06	184	13%	159%	0.00%
CPLA	24	53.63	670	12%	176%	2.80%
IQNT	25	17.82	605	13%	149%	3.30%
NSR	26	27.08	1,539	15%	133%	0.00%
GILD	27	111.71	175,273	10%	487%	1.70%
CLCT	28	21.33	182	10%	665%	6.00%
TSRA	29	38.74	2,074	9%	1253%	2.10%
HNT	30	61.20	4,796	10%	444%	0.00%
VEC	31	25.71	277	11%	158%	0.00%
AET	32	114.52	40,391	9%	668%	0.90%
VIAB	33	66.80	26,887	10%	270%	2.00%
VIA	34	67.30	27,088	10%	270%	2.00%
HUM	35	179.00	27,270	11%	193%	0.70%
DLX	36	66.09	3,312	9%	413%	1.80%
STRA	37	46.54	500	17%	94%	0.00%
LQDT	38	10.52	315	12%	127%	0.00%
TNH	39	133.07	2,462	14%	105%	7.50%
CBI	40	56.31	6,152	12%	129%	0.30%
CSCO	41	29.26	150,630	9%	342%	2.90%
SPOK	42	16.79	370	10%	171%	2.90%
PPC	43	26.50	6,888	18%	78%	0.00%
BKE	44	44.07	2,124	13%	97%	2.10%
CA	45	31.33	13,754	9%	486%	3.20%
LCI	46	55.39	2,061	12%	114%	0.00%
PBI	47	22.99	4,660	10%	150%	3.30%
LBMH	48	2.76	148	10%	204%	4.60%
QCOM	49	69.51	115,873	9%	339%	2.80%
PETS	50	16.31	329	11%	126%	4.40%
UIS	51	21.00	1,046	13%	80%	0.00%
ONE	52	3.11	149	15%	71%	0.00%
APOL	53	16.46	1,780	20%	67%	0.00%
KFY	54	32.87	1,634	9%	201%	1.30%
SGU	55	8.20	470	20%	66%	5.20%
SMT	56	1.15	145	28%	62%	0.00%
MGIC	57	6.53	289	10%	119%	2.40%
ASPS	58	28.94	608	13%	74%	0.00%
FLR	59	57.97	8,691	14%	68%	1.40%
VNCE	60	17.85	682	9%	158%	0.00%
DHX	61	8.55	464	8%	296%	0.00%
KORS	62	61.63	12,674	11%	101%	0.00%
OUTR	63	78.12	1,429	12%	73%	1.60%
VA	64	28.49	1,271	12%	82%	0.00%
APEI	65	24.03	417	20%	61%	0.00%
GORO	66	3.11	168	20%	60%	3.60%
LEJU	67	8.67	1,163	8%	358%	8.30%
BRCD	68	12.54	5,433	10%	114%	1.20%
POZN	69	6.71	216	8%	407%	0.00%
GIB	70	43.33	13,992	8%	335%	0.00%
BAH	71	25.11	3,763	9%	167%	1.90%
PLOW	72	20.73	462	12%	69%	4.20%
SAIC	73	52.48	2,498	9%	154%	2.20%
FENG	74	7.36	548	11%	74%	0.00%
NVDA	75	20.86	11,452	10%	111%	1.60%
CRWN	76	4.00	1,439	10%	100%	0.00%
ORCL	77	43.93	197,421	8%	446%	1.40%
CSIQ	78	33.71	2,031	19%	56%	0.00%
AAPL	79	132.54	773,352	8%	317%	1.60%
TDC	80	39.57	5,844	8%	282%	0.00%
LOV	81	3.06	76	9%	151%	0.00%
UNH	82	119.59	115,883	8%	256%	1.30%
COH	83	37.53	10,411	10%	104%	3.50%
SLI	84	37.94	160	16%	57%	0.00%
MSFT	85	46.90	386,315	8%	195%	2.60%
UBNT	86	30.46	2,723	8%	196%	0.60%
BCOR	87	16.10	675	8%	251%	0.00%
LO	88	72.01	25,917	8%	720%	3.70%
UEPS	89	14.46	666	17%	55%	0.00%
EVOL	90	8.68	104	9%	110%	5.00%
BBY	91	34.33	12,276	14%	56%	2.50%
ANIK	92	33.62	515	11%	73%	0.00%
HGT	93	4.55	182	24%	50%	1.70%
SAFM	94	84.59	1,908	25%	49%	1.00%
BBX	95	16.21	271	24%	49%	0.00%
TIME	96	22.33	2,446	9%	99%	3.40%
RTN	97	106.70	32,928	9%	113%	2.50%
WMC	98	15.10	628	7%	625%	18.10%
TSQ	99	12.62	211	11%	68%	0.00%
STRZA	100	40.96	4,366	9%	123%	0.00%
STRZB	101	41.00	4,371	9%	123%	0.00%
BPI	102	9.11	414	16%	50%	0.00%
LYB	103	102.90	49,495	13%	55%	2.70%
LE	104	29.42	943	12%	59%	0.00%
GD	105	139.64	46,735	9%	122%	2.00%
AVP	106	7.02	3,053	14%	51%	3.40%
MAN	107	86.16	6,858	11%	64%	1.90%
OMC	108	76.97	19,042	8%	266%	2.60%
RMAX	109	33.73	415	7%	1453%	1.40%
NUS	110	52.44	3,160	12%	57%	2.80%
NSU	111	4.06	818	53%	44%	4.00%
TARO	112	139.17	5,961	9%	94%	0.00%
NTI	113	24.41	2,260	13%	53%	16.50%
DISCK	114	30.96	20,650	8%	170%	0.00%
SUPN	115	13.44	603	7%	334%	0.00%
IBM	116	172.22	170,894	9%	89%	3.00%
ITRN	117	24.39	511	9%	88%	5.50%
HSII	118	25.46	473	9%	100%	2.20%
CPHR	119	10.23	272	7%	415%	0.00%
NRCIA	120	14.56	358	8%	222%	1.70%
SNDK	121	67.08	15,029	9%	99%	1.80%
GRMN	122	45.95	8,838	9%	79%	4.10%
WINA	123	92.64	479	7%	304%	0.30%
KLIC	124	13.19	1,023	18%	44%	0.00%
KBSF	125	3.96	101	42%	42%	0.00%
BBBY	126	71.76	12,783	12%	53%	0.00%
ALDW	127	21.83	1,365	13%	48%	12.90%
WLKP	128	21.44	588	52%	41%	5.60%
TUP	129	67.28	3,384	9%	81%	4.10%
VGR	130	22.00	2,455	7%	247%	7.20%
NTCT	131	40.41	1,678	7%	456%	0.00%
LOGI	132	15.19	2,528	8%	136%	1.80%
IPG	133	20.92	8,600	8%	149%	2.30%
MIXT	134	6.91	222	9%	77%	0.00%
NOC	135	160.00	32,080	8%	102%	1.80%
CPSI	136	54.11	598	8%	112%	4.70%
FL	137	63.46	9,018	10%	59%	1.60%
ATVI	138	25.49	18,633	7%	822%	0.90%
USNA	139	128.59	1,683	8%	165%	0.00%
EMR	140	61.78	42,264	9%	73%	3.20%
CTG	141	7.70	123	20%	41%	3.10%
GCI	142	35.93	8,333	9%	67%	2.30%
WILN	143	2.01	242	7%	682%	7.80%
NTAP	144	33.14	10,383	9%	70%	1.90%
MDP	145	52.35	2,376	8%	117%	3.50%
FOSL	146	78.42	3,958	12%	48%	0.00%
HPQ	147	34.76	63,819	10%	63%	2.10%
HI	148	31.96	2,042	9%	71%	2.80%
SYNT	149	44.42	3,737	8%	100%	0.00%
DNB	150	128.97	4,695	7%	1589%	1.50%
ATAI	151	5.20	119	9%	69%	8.30%
EME	152	45.49	2,894	9%	69%	0.70%
DISCB	153	33.03	22,031	7%	170%	0.00%
GHM	154	23.02	234	11%	53%	1.40%
CR	155	62.45	3,678	10%	63%	2.20%
DISCA	156	33.15	22,111	7%	170%	0.00%
NOK	157	7.22	28,577	7%	211%	2.30%
IBA	158	54.60	2,728	20%	39%	2.10%
HRS	159	80.26	8,411	9%	69%	2.40%
WNR	160	45.82	4,384	19%	39%	3.10%
ACN	161	96.39	65,465	7%	583%	2.10%
LMT	162	192.86	61,754	8%	109%	3.20%
WLDN	163	15.11	121	8%	100%	0.00%
SYMC	164	24.87	17,231	8%	116%	2.40%
MLHR	165	27.64	1,661	10%	61%	2.00%
SFUN	166	8.03	3,610	8%	124%	5.00%
NCIT	167	11.14	152	10%	59%	0.00%
REX	168	63.27	500	23%	38%	0.00%
MED	169	32.67	398	8%	86%	0.00%
MIK	170	26.94	5,604	8%	105%	0.00%
ICON	171	26.55	1,378	7%	166%	0.00%
CO	172	6.16	450	16%	40%	0.00%
RECN	173	16.21	621	9%	61%	1.90%
PME	174	1.73	137	33%	37%	2.20%
CHE	175	123.93	2,165	8%	131%	0.70%
CI	176	135.86	35,493	10%	59%	0.00%
HIBB	177	46.33	1,161	11%	47%	0.00%
NOV	178	50.71	20,740	17%	39%	3.50%
FSS	179	15.25	971	10%	50%	1.60%
DOX	180	54.14	8,519	7%	160%	1.30%
PM	181	84.15	130,264	8%	133%	4.80%
CHKE	182	22.99	200	7%	214%	0.90%
MAG	183	37.32	137	10%	57%	0.00%
TPUB	184	15.61	403	11%	45%	4.10%
TJX	185	67.16	46,421	8%	93%	1.30%
MO	186	51.23	100,718	7%	395%	4.10%
IOSP	187	43.81	1,087	10%	51%	1.40%
SPLP	188	17.88	502	24%	36%	0.00%
GTN	189	15.46	908	9%	64%	0.00%
FF	190	11.68	507	23%	35%	2.30%
GNTX	191	17.40	5,196	8%	69%	1.80%
FLWS	192	9.78	634	11%	47%	0.00%
TIVO	193	10.63	1,230	7%	536%	0.00%
JEC	194	43.57	5,541	11%	45%	0.00%
THO	195	62.68	3,351	9%	64%	1.80%
SCLN	196	9.44	494	8%	93%	0.00%
WSTC	197	31.36	2,704	8%	109%	2.90%
SAVE	198	62.34	4,574	9%	58%	0.00%
HCLP	199	29.86	1,111	11%	45%	8.60%
CRESY	200	13.14	659	11%	44%	0.00%

Here is the Cross Reference List

ACHI	515	22-May	#N/A	#N/A	#N/A	#N/A
APEI	412	22-May	65	24.03	20%	61%
APOL	1,772	22-May	53	16.46	20%	67%
AGX	522	22-May	8	35.65	13%	784%
HRB	8,833	22-May	15	32.09	12%	342%
BKE	2,139	22-May	44	44.07	13%	97%
CA	13,644	22-May	45	31.33	9%	486%
CPLA	656	22-May	24	53.63	12%	176%
CSCO	148,407	22-May	41	29.26	9%	342%
CLCT	189	22-May	28	21.33	10%	665%
DLX	3,300	22-May	36	66.09	9%	413%
DEPO	1,245	22-May	2	20.76	21%	2731%
DHX	447	22-May	61	8.55	8%	296%
PLOW	461	22-May	72	20.73	12%	69%
ENTA	749	22-May	3	40.10	24%	1586%
EVOL	101	22-May	90	8.68	9%	110%
FLR	8,520	22-May	59	57.97	14%	68%
GME	4,394	22-May	22	40.80	14%	139%
GILD	164,996	22-May	27	111.71	10%	487%
GORO	169	22-May	66	3.11	20%	60%
ONE	149	22-May	52	3.11	15%	71%
IQNT	598	22-May	25	17.82	13%	149%
IDCC	2,057	22-May	12	57.26	13%	363%
KFY	1,656	22-May	54	32.87	9%	201%
LCI	2,002	22-May	46	55.39	12%	114%
LQDT	316	22-May	38	10.52	12%	127%
MSB	195	22-May	#N/A	#N/A	#N/A	#N/A
KORS	12,389	22-May	62	61.63	11%	101%
NATH	180	22-May	23	40.06	13%	159%
NSR	1,492	22-May	26	27.08	15%	133%
NSU	811	22-May	111	4.06	53%	44%
OUTR	1,445	22-May	63	78.12	12%	73%
PDLI	1,089	22-May	1	6.66	37%	887017%
PETS	330	22-May	50	16.31	11%	126%
PPC	6,864	22-May	43	26.50	18%	78%
PBI	4,621	22-May	47	22.99	10%	150%
PSDV	118	22-May	5	4.01	13%	3938%
QCOM	113,510	22-May	49	69.51	9%	339%
RPXC	907	22-May	9	16.04	12%	1813%
SAIC	2,414	22-May	73	52.48	9%	154%
SLI	157	22-May	84	37.94	16%	57%
SPOK	368	22-May	42	16.79	10%	171%
STRA	511	22-May	37	46.54	17%	94%
TDC	5,615	22-May	80	39.57	8%	282%
TIVO	1,023	22-May	193	10.63	7%	536%
UIS	1,048	22-May	51	21.00	13%	80%
VEC	271	22-May	31	25.71	11%	158%
VIAB	26,526	22-May	33	66.80	10%	270%
VNCE	656	22-May	60	17.85	9%	158%
VA	1,230	22-May	64	28.49	12%	82%

As I often see, a few differences.  ACHI just doesn't show up in the gurufocus list.  If I put it in manually, it shows up #1 or #2.  Investors should be very very cautious around ACHI anyway as their most recent finanical statements are as of 12/31/2013.  MSB also never makes the gurufocus cut. If I put them in manually, they are #14.  But they are a strange company as they are a trust and have a very unusual balance sheet. I am not really sure they belong in the traditional sense of Jake's Bubble Gum Shop.

TIVO is the strange one.  The difference here is market cap.  I have it at $1.2b, Yahoo is just over $1b.  MFI, which usually agrees with me as a smidgen over $1 billion.  I pulled up their most recent earnings release:

Weighted average common and common equivalent shares:                   Basic  96,287,902       Diluted  115,667,159   

So at $10.37 a share, you can see my $1.2 billion as the diluted count x 10.37.  Everyone else seems to be using basic share count, but my experience has been to always use diluted as that is a better measure of what it would cost to buy 100% of the company.

I am pretty sure MFI generally uses the diluted count, so who knows.

Final thought, I think VA looks very interesting. I may be a buyer on Tuesday.