Stanmore Coal Limited (ASX:SMR) Magic Formula Rank in Perspective
Stanmore Coal Limited (ASX:SMR) has a current MF Rank of 15149. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.