52-Week Low Formula Guide

Luke Wiley's value investing system for finding undervalued stocks

What is the 52-Week Low Formula?
A systematic approach to finding undervalued stocks

The 52-Week Low Formula, developed by Luke Wiley, identifies stocks trading near their 52-week lows that also possess strong fundamental characteristics. This approach combines value investing principles with quality metrics to find undervalued companies with strong competitive advantages.

The system filters for stocks that have declined significantly from their highs but maintain excellent financial metrics, suggesting they may be oversold and represent attractive buying opportunities.

Luke Wiley's 5 Filters

1
Price Near 52-Week Low

Stock trading within 10-15% of its 52-week low, indicating significant decline from recent highs.

2
Competitive Advantage

Gross margin significantly above industry average, indicating pricing power and strong competitive position.

3
Free Cash Flow Yield

Free cash flow yield above 5%, indicating the company generates substantial cash relative to its market value.

4
Return on Invested Capital

ROIC above 10%, showing the company efficiently deploys capital to generate returns.

5
Financial Strength

Low debt levels and strong balance sheet, reducing financial risk and bankruptcy concerns.

Historical Performance
Proven track record of finding value opportunities

The 52-Week Low Formula has historically identified stocks that recover strongly after being oversold. By combining value metrics with quality filters, the system avoids "value traps"—cheap stocks that are cheap for good reason.

Stocks meeting all 5 filters have shown superior risk-adjusted returns compared to the broader market, with lower volatility due to their strong fundamental characteristics.

How to Use the 52-Week Low Scanner
Step-by-step guide to analyzing stocks
1

Enter a Stock Symbol

Type the ticker symbol of any US stock you want to analyze.

2

Review the 5 Filters

The scanner evaluates each filter and shows which ones the stock passes.

3

Check the Overall Score

A higher score indicates a stock that better matches the 52-Week Low criteria.

4

Review Financial Metrics

Examine the detailed financial metrics to understand the company's quality.

5

Identify Entry Points

Use the suggested entry price and stop loss level for position sizing.

Key Principles
Essential concepts for successful value investing

Quality Matters

Don't just buy cheap stocks. Focus on quality companies trading at discount prices.

Avoid Value Traps

The financial strength filter helps avoid companies with deteriorating fundamentals.

Cash Flow is King

Focus on free cash flow yield, not just earnings. Cash flow is harder to manipulate.

Patience Pays

Value stocks may take time to recover. Be prepared to hold for 12-24 months.