Screener Overview
Methodology Note
* Exceptional ROC
A rating above 1000% signifies companies with 'Negative Working Capital'. This occurs when current liabilities exceed tangible assets, meaning the business effectively operates using its suppliers' or customers' money.
Note: Traditional ROC is capped at 999% to prioritize these high-efficiency structures in our ranking algorithm.
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Useful Resources
The Little Book That Still Beats the Market
Joel Greenblatt
Recommended Reading
The Little Book That Still Beats the Market
Discover Joel Greenblatt's strategy explained simply. It's the very foundation of this 'Magic Formula' screener.