Screen · Berkshire Criteria

Buffett Quality Screen

Buffett's "wonderful business" criteria, quantified into six dimensions: earnings record (20), ROE quality (25 — Fortune's double standard), low leverage (15), pricing power (15), business stability (15) and capital efficiency (10), for a 0–100 total. The entry gate is the first of Berkshire's acquisition criteria — at least $50M average pre-tax earnings over the last three fiscal years (banks and insurers excluded, as leverage is their business model; investment trusts and closed-end funds excluded, as they are portfolios rather than operating companies). Recomputed periodically from each company's last ten fiscal years; cross-listings merged by canonical ticker. Hover the score for the six-dimension breakdown; companies we cover link to their report. Gefiltert nach score tier "Mittel", market "Europe (incl. UK)", Has report: 16 match(Filter löschen).

# Titel Mkt Cap Score Baillie 10Y ROE Profit Streak Net Debt/Eq Gross Margin Analyse FY
1 Air Liquide SA AI · Paris $117B
64/100 Mittel
46/100 12.3%low 11.0% 10 yr+ 0.4× 59% Air Liquide (AI.PA) Buffett Framework Deep-Dive Research9. Juni 2026 · Watch FY2025
2 Rheinmetall AG RHM · XETRA $57B
63/100 Mittel
49/100 13.5%low 0.1% 10 yr+ Net cash 47% Rheinmetall: Respect Without Urgency for a Re-Rated Defence Prime23. Juli 2026 · Hold FY2025
3 Mowi ASA MOWI · OL $12B
63/100 Mittel
42/100 16.5%low 4.3% 10 yr+ 0.5× 53% Mowi ASA: A License-Constrained Salmon Platform at a Fair, Not Forgiving, Price2. Juli 2026 · Hold FY2025
4 JSC National Atomic Company Kazatomprom KAP · IL $23B
62/100 Mittel
41/100 25.5%low 11.8% 10 yr+ 41% Kazatomprom (KAP.IL) Zen Horizon Deep-Dive Report9. Juni 2026 · Watch FY2025
5 Haleon PLC HLN · LSE $41B
61/100 Mittel
39/100 6.3%low 2.4% 7 yr 0.4× 61% Haleon: Oral Health Supplied Over 90% of First-Half Organic Growth While the Rest of the Portfolio Grew 0.3%, and 3.633 Pounds Leaves No Margin of Safety1. August 2026 · Hold FY2025
6 Airbus Group SE AIR · Paris $172B
58/100 Mittel
46/100 18.1%low -22.8% 5 yr Net cash 14% Airbus SE Tiefgehende Analyse15. Juni 2026 · Halten FY2025
7 Saab AB (publ) SAAB-B · ST $31B
58/100 Mittel
49/100 9.3%low 5.0% 10 yr+ Net cash 22% Saab: Europe's Sovereign Defense Franchise Is Real, but the Margin of Safety Is Gone10. Juli 2026 · Hold FY2025
8 Compagnie de Saint-Gobain S.A. SGO · Paris $43B
57/100 Mittel
48/100 8.7%low 2.2% 10 yr+ 0.4× 26% Saint-Gobain: A Higher Margin Floor Is Proven, but at 74.16 EUR the Price Sits Above the 64 EUR Conservative Value29. Juli 2026 · Hold FY2025
9 Compass Group PLC CPG · LSE
57/100 Mittel
45/100 26.7%low 2.8% 10 yr+ 0.8× 24% Compass Group: A Fifth Year of 4–5% Net-New Business and 96% Retention Make the Compounding Real, but at $31.10 a 5.1% Owner-Earnings Yield and 1.7x Leverage Leave No Conservative-Case Margin of Safety18. September 2026 · Hold FY2025
10 Trelleborg AB (publ) TREL-B · ST $10B
56/100 Mittel
33/100 12.4%low -0.7% 6 yr 0.2× 34% Trelleborg: A Long-Term Owner's Perspective3. Juni 2026 · Watch FY2025
11 Vinci S.A. DG · Paris $73B
55/100 Mittel
44/100 14.5%low 5.9% 10 yr+ 0.6× 18% VINCI SA: Concessions Turn EUR 12.22bn of Revenue Into EUR 5.94bn of Operating Income, but ASF, Escota and Cofiroute Revert to the State by 203611. September 2026 · Hold FY2025
12 adidas AG ADS · XETRA $30B
55/100 Mittel
44/100 17.2%low -1.6% 2 yr 0.7× 50% adidas AG: Record Revenue, Record Doubt, and the Economics of a World Cup9. August 2026 · Hold FY2025
13 Tesco PLC TSCO · LSE $39B
53/100 Mittel
38/100 9.9%low 5.7% 10 yr+ 1.0× 7% Tesco PLC: A Decade-High Market Share, Bought With Margin, and a 53-Week Year That Flatters Statutory Profit2. September 2026 · Hold FY2026
14 Wartsila Oyj Abp WRT1V · HE $19B
52/100 Mittel
46/100 12.1%low -3.0% 3 yr Net cash 42% Wärtsilä: A Record EUR 2.849 Billion Order Quarter, 57% of Sales from Service, and No Margin of Safety at EUR 29.4624. August 2026 · Hold FY2025
15 Fresnillo PLC FRES · LSE $23B
50/100 Mittel
31/100 12.3%low 3.7% 10 yr+ Net cash 35% Fresnillo: A Genuine Re-Rating, But the Price Already Assumes the Hard Part Is Done4. Juli 2026 · Hold FY2025
16 Eurofins Scientific SE ERF · Paris $13B
50/100 Mittel
51/100 10.6%low 6.1% 10 yr+ 1.3× 55% Eurofins Scientific (Eurofins Scientific SE, ERF.PA) — Zen Horizon Report8. Juni 2026 · Watch FY2025

Data and methodology: the six dimensions quantify Berkshire's published acquisition criteria and Buffett's shareholder letters (1981/1987/1991/2007 among others). Qualitative tests in the originals (e.g. "simple, understandable business", "management in place") are out of scope, and price ("available at a fair price") is covered by each report's valuation range instead. Financials come from company annual reports (via EODHD); ratios are computed in reporting currency, the USD gate via static FX. "‡" marks companies whose equity is persistently negative or tiny (ROE falls back to ROCE); "†" marks missing gross profit (operating margin used). Investment trusts and closed-end funds are excluded on two tests — name and financial shape (operating margins beyond what an operating company can achieve); REITs and operating asset managers are unaffected. This is a quantitative first pass, not investment advice. When citing this data, please credit Zen Horizon (zh.app). See our methodology for the scoring process.