Data is refreshed at the close of each trading session. Magic Formula Investing does not constitute investment advice.

M
Ticker
Price
Var.
EY
ROC
EV
1
DTEDeutsche Telekom AG
€27.80
+1.68%
11.4%
619.5%
235.7 B
2
HENHenkel AG & Co. KGaA
€59.75
+2.31%
12.5%
189.1%
24.0 B
3
PAH3Porsche Automobil Holding SE
€31.79
+3.31%
20.3%
143.8%
14.6 B
4
HEN3Henkel AG & Co. KGaA vz. (Pref Shares)
€63.30
+2.26%
11.8%
189.1%
25.3 B
5
FMEFresenius Medical Care AG & Co. KGaA
€35.88
+3.34%
11.0%
111.2%
16.7 B
6
G1AGEA GROUP
€59.45
+2.06%
7.3%
414.9%
8.8 B
7
HEIHeidelberg Materials AG
€190.70
+3.30%
8.0%
182.3%
37.4 B
8
ZALZalando SE
€20.34
-2.21%
9.9%
78.6%
4.2 B
9
BOSSHugo Boss AG
€36.72
+2.00%
16.2%
58.3%
2.6 B
10
SAPSAP SE
€149.32
+1.37%
7.1%
394.5%
166.4 B
11
BMWBayerische Motoren Werke Aktiengesellschaft
€81.58
+5.65%
7.9%
99.4%
125.2 B
12
GBFBilfinger SE
€105.00
+5.00%
8.3%
64.6%
3.3 B
13
BPE5BP p.l.c.
€6.38
-3.77%
10.1%
60.9%
128.4 B
14
SHLSiemens Healthineers AG
€35.84
+1.82%
6.4%
226.1%
51.3 B
15
MRKMerck KGaA
€114.00
+3.12%
7.3%
97.1%
56.0 B
16
VOW3Volkswagen AG VZO O.N.
€87.84
+4.13%
7.5%
62.7%
228.5 B
17
BEIBeiersdorf Aktiengesellschaft
€72.32
+1.86%
10.3%
43.0%
13.2 B
18
FREFresenius SE & Co. KGaA
€40.04
+1.52%
6.7%
82.4%
32.3 B
19
VOWVolkswagen AG
€90.10
+3.86%
7.5%
62.7%
229.4 B
20
NDX1Nordex SE
€48.16
-3.68%
5.4%
134.8%
9.9 B
21
MTXMTU Aero Engines AG
€315.50
+10.35%
8.0%
53.5%
15.5 B
22
ADSadidas AG
€148.30
+3.96%
7.1%
68.4%
27.7 B
23
TKAthyssenkrupp AG
€11.18
+6.99%
179.9%
20.9%
924 M
24
SIESiemens Aktiengesellschaft
€268.10
+2.92%
5.4%
71.5%
230.6 B
25
QIAQIAGEN NV
€29.25
+0.90%
8.0%
35.3%
6.5 B
26
AFXCarl Zeiss Meditec AG
€26.16
-0.83%
8.1%
29.9%
2.7 B
27
NDAAurubis AG
€192.60
+4.05%
9.2%
26.1%
8.2 B
28
RHMRheinmetall AG
€1,433.20
-0.15%
2.7%
92.2%
62.1 B
29
FRAFraport AG
€71.20
+5.56%
5.1%
59.8%
16.3 B
30
DTGDaimler Truck Holding AG
€43.82
+0.97%
8.2%
22.0%
49.7 B
31
EVKEvonik Industries AG
€17.56
-2.39%
5.9%
40.1%
10.8 B
32
BNRBrenntag SE
€62.00
-1.15%
6.7%
32.5%
11.0 B
33
BC8Bechtle AG
€30.40
+3.61%
7.2%
29.7%
4.0 B
34
AIRAirbus SE
€188.88
+6.23%
4.0%
55.3%
129.4 B
35
DEZDeutz AG
€10.55
+6.40%
3.0%
55.6%
1.7 B
36
RAARATIONAL Aktiengesellschaft
€662.00
+6.17%
5.1%
47.8%
6.6 B
37
KBXKnorr-Bremse AG
€103.90
+4.74%
5.3%
38.8%
16.7 B
38
HOTHOCHTIEF Aktiengesellschaft
€553.50
+4.63%
2.8%
53.5%
35.1 B
39
SY1Symrise AG
€75.94
+1.47%
5.1%
30.5%
12.0 B
40
MBGMercedes-Benz Group AG
€50.28
+4.34%
5.9%
23.6%
113.7 B
41
IFXInfineon Technologies AG
€59.01
-2.46%
2.6%
50.4%
79.2 B
42
HAGHensoldt AG
€80.14
-0.79%
2.5%
38.4%
8.0 B
43
P911Porsche AG
€42.73
+3.76%
4.0%
27.4%
39.6 B
44
R3NKRenk Group AG
€53.92
-2.42%
2.7%
30.8%
5.8 B
45
SMHNSÜSS MicroTec SE
€81.80
+2.57%
4.4%
22.4%
1.4 B
46
BASBASF SE
€52.33
-2.10%
3.8%
16.8%
67.6 B
47
AIXAAIXTRON SE
€50.20
-2.33%
1.8%
16.4%
5.1 B
48
CONContinental Aktiengesellschaft
€67.58
+8.41%
1.8%
15.5%
17.6 B
49
AG1AUTO1 Group SE
€18.71
+4.12%
2.0%
6.8%
5.0 B
50
VODIVodafone Group PLC
€1.37
+1.63%
1.3%
13.8%
60.4 B
Magic Formula Screener © 2026

In-depth Market Analysis: Germany

By examining fundamental data for the Germany market, it appears that Joel Greenblatt's strategy continues to isolate exceptional stocks like Deutsche Telekom AG (DTE.XETRA) or Henkel AG & Co. KGaA (HEN.XETRA). The current ranking shows that Top 50 leaders display remarkable operational efficiency with an average return on capital of 250.5%. The systematic approach applied here allows focusing on raw capital performance. Investors may note that companies such as Porsche Automobil Holding SE (PAH3.XETRA) and Henkel AG & Co. KGaA vz. (Pref Shares) (HEN3.XETRA) are excellently positioned thanks to their cash-flow generation capacity relative to their enterprise value.

The methodology used to generate this ranking is based on decimal ranking of companies according to two criteria: earnings yield (to ensure not overpaying) and return on capital (to ensure company quality). For the Germany market, this identifies opportunities often ignored by traditional analysts.

This Top 50 ranking for the Germany market is generated by filtering companies with a market capitalization greater than 50 million dollars, excluding financial values and utilities in accordance with Greenblatt's original methodology.

Data is refreshed at the close of each trading session. Magic Formula Investing does not constitute investment advice.