Best MagicFormula Alternatives ranked by AI · updated Aug 2026

Magic Formula Investing is a web-based stock screener based on Joel Greenblatt's value-investing strategy. It ranks companies using earnings yield and return on capital for investors seeking a systematic approach to selecting stocks.

Developer: Magic Formula Investing Price: Free 🎯 getmagicformula.com

💰 Finance 💰 Investing fundamental analysis stock screening

Top 6 MagicFormula alternatives

Stock Rover

💡 Pick it for deeper screening, portfolio analytics, and customizable value-investing models.

Stock Rover is an investment research and portfolio-analysis platform for serious long-term investors. It stands out with detailed screeners, historical comparisons, portfolio...

Pros

Far deeper fundamental screening than My Stocks
Strong portfolio analytics and diversification reporting
Useful historical comparisons and valuation workflows

Cons

More expensive and complex than My Stocks
Primarily web-based, with less emphasis on mobile monitoring
Not as strong as TradingView for technical charting

Freemium, paid plans from $7.99/mo

Alternatives to Stock Rover → Visit site

FinViz

💡 Pick it for fast technical and fundamental screening with strong market visualizations.

FinViz is a stock market research platform that provides powerful market analysis tools and real-time data visualization.

Free version available. Premium plans starting at $24.96/month

Alternatives to FinViz → Visit site

Simply Wall St

💡 Pick it for visual, beginner-friendly analysis beyond a single value-investing formula.

Simply Wall St is an investment research platform that provides visual analysis of stocks. It offers portfolio tracking, stock recommendations, and insights...

Pros

Visual analysis
Portfolio tracking
Stock recommendations

Cons

Limited features in free version
May lack in-depth financial data

Starting at $0/month

Alternatives to Simply Wall St →

Gurufocus

💡 Pick it for institutional, insider, and long-term valuation data beyond the Magic Formula.

Gurufocus is a stock research platform that provides financial news, analysis, and tools for investors.

Starting at $29.95/month

Alternatives to Gurufocus → Visit site

TIKR

💡 Pick it for global company research, earnings estimates, transcripts, and valuation modeling.

TIKR is a market-data and investment-research platform with financial statements, estimates, filings, transcripts, and valuation tools. It is aimed at serious individual...

Pros

Provides deeper historical financials and valuation data than an earnings-summary service
Useful for comparing earnings results with estimates and long-term company performance
More accessible to individual investors than many institutional terminals