| 1 |
Hermes International SCA
RMS · Paris
|
$173B |
93/100
Exzellent
|
24.9%low 18.8% |
10 yr+ |
Net cash |
68% |
— |
FY2025 |
| 2 |
Deutsche Börse AG
DB1 · XETRA
|
$51B |
92/100
Exzellent
|
18.7%low 16.8% |
10 yr+ |
Net cash |
59% |
— |
FY2025 |
| 3 |
Adyen NV
ADYEN · Amsterdam
|
$30B |
91/100
Exzellent
|
23.4%low 18.3% |
10 yr+ |
Net cash |
72% |
— |
FY2025 |
| 4 |
Orion Oyj B
ORNBV · HE
|
$12B |
90/100
Exzellent
|
33.1%low 24.4% |
10 yr+ |
0.1× |
60% |
— |
FY2025 |
| 5 |
Schindler Ps
SCHP · SW
|
$35B |
89/100
Exzellent
|
21.3%low 14.1% |
10 yr+ |
Net cash |
40% |
— |
FY2025 |
| 6 |
Epiroc AB (publ)
EPI-A · ST
|
$32B |
89/100
Exzellent
|
25.3%low 20.4% |
10 yr+ |
0.2× |
37% |
— |
FY2025 |
| 7 |
EMS-CHEMIE HOLDING AG
EMSN · SW
|
$24B |
88/100
Exzellent
|
29.1%low 25.1% |
10 yr+ |
Net cash |
39% |
— |
FY2025 |
| 8 |
Belimo Holding
BEAN · SW
|
$13B |
88/100
Exzellent
|
22.5%low 17.7% |
10 yr+ |
Net cash |
44% |
Belimo Holding: Ein Premium-HVAC-Compounder mit eingepreister KI-Kühlungs-Perspektive27. Juni 2026 · Beobachten |
FY2025 |
| 9 |
Atlas Copco AB Series A
ATCO-A · ST
|
$105B |
87/100
Exzellent
|
30.6%low 22.5% |
10 yr+ |
0.2× |
41% |
— |
FY2025 |
| 10 |
KONE Oyj
KNEBV · HE
|
$28B |
87/100
Exzellent
|
31.8%low 27.3% |
10 yr+ |
Net cash |
29% |
— |
FY2025 |
| 11 |
Geberit AG
GEBN · SW
|
$22B |
87/100
Exzellent
|
38.1%low 28.7% |
10 yr+ |
0.5× |
69% |
— |
FY2025 |
| 12 |
Coloplast A/S
COLO-B · CO
|
$15B |
87/100
Exzellent
|
48.7%low 22.6% |
10 yr+ |
1.3× |
68% |
— |
FY2025 |
| 13 |
Sage Group PLC
SGE · LSE
|
$11B |
87/100
Exzellent
|
24.2%low 15.0% |
10 yr+ |
1.7× |
89% |
— |
FY2025 |
| 14 |
Givaudan SA
GIVN · SW
|
$38B |
86/100
Exzellent
|
20.9%low 17.9% |
10 yr+ |
0.8× |
42% |
— |
FY2025 |
| 15 |
BE Semiconductor Industries NV
BESI · Amsterdam
|
$24B |
86/100
Exzellent
|
35.2%low 19.0% |
10 yr+ |
Net cash |
59% |
— |
FY2025 |
| 16 |
Industria de Diseno Textil SA
ITX · MC
|
$183B |
85/100
Exzellent
|
23.9%low 7.6% |
10 yr+ |
Net cash |
56% |
— |
FY2026 |
| 17 |
Halma PLC
HLMA · LSE
|
$17B |
85/100
Exzellent
|
16.7%low 14.7% |
10 yr+ |
0.4× |
49% |
— |
FY2026 |
| 18 |
Wolters Kluwer N.V.
WKL · Amsterdam
|
$16B |
85/100
Exzellent
|
39.3%low 18.7% |
10 yr+ |
5.3× |
70% |
— |
FY2025 |
| 19 |
Logitech International S.A.
LOGN · SW
|
$15B |
85/100
Exzellent
|
26.9%low 16.1% |
10 yr+ |
Net cash |
40% |
— |
FY2026 |
| 20 |
Relx PLC
REL · LSE
|
$58B |
84/100
Exzellent
|
54.4%low 43.3% |
10 yr+ |
3.0× |
65% |
— |
FY2025 |
| 21 |
Diageo PLC
DGE · LSE
|
$46B |
84/100
Exzellent
|
34.7%low 20.8% |
10 yr+ |
2.0× |
61% |
— |
FY2025 |
| 22 |
Legrand SA
LR · Paris
|
$37B |
84/100
Exzellent
|
16.0%low 13.9% |
10 yr+ |
0.6× |
52% |
— |
FY2025 |
| 23 |
Sonova H Ag
SOON · SW
|
$17B |
84/100
Exzellent
|
21.5%low 16.3% |
10 yr+ |
0.4× |
71% |
— |
FY2026 |
| 24 |
Euronext N.V.
ENX · Paris
|
$16B |
84/100
Exzellent
|
21.4%low 11.2% |
10 yr+ |
0.4× |
76% |
— |
FY2025 |
| 25 |
Unilever PLC
ULVR · LSE
|
$130B |
83/100
Exzellent
|
39.4%low 28.7% |
10 yr+ |
1.6× |
43% |
— |
FY2025 |
| 26 |
Ferguson Plc
FERG · LSE
|
$43B |
83/100
Exzellent
|
30.0%low 22.0% |
10 yr+ |
0.9× |
30% |
— |
FY2025 |
| 27 |
Dassault Systemes SE
DSY · Paris
|
$28B |
83/100
Exzellent
|
12.4%low 9.7% |
10 yr+ |
Net cash |
84% |
— |
FY2025 |
| 28 |
BAE Systems plc
BA · LSE
|
$78B |
82/100
Exzellent
|
20.8%low 14.2% |
10 yr+ |
0.5× |
41% |
— |
FY2025 |
| 29 |
Experian PLC
EXPN · LSE
|
$31B |
82/100
Exzellent
|
27.3%low 20.1% |
10 yr+ |
0.9× |
42% |
— |
FY2026 |
| 30 |
Knorr-Bremse AG
KBX · XETRA
|
$18B |
81/100
Exzellent
|
25.5%low 14.6% |
10 yr+ |
0.4× |
49% |
— |
FY2025 |
| 31 |
Sika AG
SIKA · SW
|
$37B |
80/100
Exzellent
|
22.8%low 15.7% |
10 yr+ |
0.7× |
45% |
Sika AG: Qualitäts-Compounder in einem zyklischen Luftloch27. Juni 2026 · Halten |
FY2025 |
| 32 |
Straumann Holding AG
STMN · SW
|
$20B |
80/100
Exzellent
|
21.3%low 7.6% |
10 yr+ |
0.1× |
74% |
Straumann Holding AG: Marktführer der Dentalplattform zu einem anspruchsvollen Preis27. Juni 2026 · Halten |
FY2025 |
| 33 |
Evolution AB (publ)
EVO · ST
|
$15B |
80/100
Exzellent
|
34.7%low 10.4% |
10 yr+ |
Net cash |
100% |
— |
FY2025 |
| 34 |
Schroders PLC
SDR · LSE
|
$12B |
80/100
Exzellent
|
12.9%low 9.2% |
10 yr+ |
Net cash |
77% |
— |
FY2025 |
| 35 |
Sandvik AB
SAND · ST
|
$48B |
79/100
Stark
|
16.8%low 12.6% |
10 yr+ |
0.3× |
40% |
— |
FY2025 |
| 36 |
VAT Group AG
VACN · SW
|
$23B |
79/100
Stark
|
25.0%low 13.2% |
10 yr+ |
0.1× |
48% |
— |
FY2025 |
| 37 |
Partners Group Holding AG
PGHN · SW
|
$22B |
79/100
Stark
|
42.6%low 35.4% |
10 yr+ |
1.0× |
71% |
— |
FY2025 |
| 38 |
Amundi SA
AMUN · Paris
|
$21B |
79/100
Stark
|
15.3%low 8.3% |
10 yr+ |
Net cash |
54% |
— |
FY2025 |
| 39 |
Rio Tinto PLC
RIO · LSE
|
$148B |
78/100
Stark
|
22.4%low 11.8% |
10 yr+ |
0.2× |
61% |
— |
FY2025 |
| 40 |
Swisscom AG
SCMN · SW
|
$41B |
78/100
Stark
|
16.8%low 10.4% |
10 yr+ |
0.2× |
80% |
— |
FY2025 |
| 41 |
Next PLC
NXT · LSE
|
$22B |
78/100
Stark
|
55.5%low 43.4% |
10 yr+ |
1.0× |
40% |
— |
FY2026 |
| 42 |
Jeronimo Martins SGPS SA
JMT · LS
|
$12B |
78/100
Stark
|
22.6%low 15.5% |
10 yr+ |
— |
21% |
— |
FY2025 |
| 43 |
ABB Ltd
ABBN · SW
|
$183B |
77/100
Stark
|
21.9%low 8.1% |
10 yr+ |
0.2× |
33% |
— |
FY2025 |
| 44 |
Thales S.A.
HO · Paris
|
$55B |
77/100
Stark
|
16.8%low 9.5% |
10 yr+ |
0.2× |
25% |
— |
FY2025 |
| 45 |
Imperial Brands PLC
IMB · LSE
|
$28B |
76/100
Stark
|
31.7%low 11.9% |
10 yr+ |
1.8× |
20% |
— |
FY2025 |
| 46 |
Beiersdorf Aktiengesellschaft
BEI · XETRA
|
$18B |
76/100
Stark
|
11.2%low 8.8% |
10 yr+ |
Net cash |
58% |
— |
FY2025 |
| 47 |
Bunzl PLC
BNZL · LSE
|
$11B |
76/100
Stark
|
19.3%low 16.5% |
10 yr+ |
0.8× |
20% |
— |
FY2025 |
| 48 |
Deutsche Post AG
DHL · XETRA
|
$70B |
75/100
Stark
|
19.6%low 14.0% |
10 yr+ |
0.9× |
11% |
— |
FY2025 |
| 49 |
Siemens Healthineers AG
SHL · XETRA
|
$45B |
75/100
Stark
|
19.1%low 8.3% |
10 yr+ |
0.7× |
39% |
— |
FY2025 |
| 50 |
Coca Cola HBC AG
CCH · LSE
|
$23B |
75/100
Stark
|
17.5%low 12.0% |
10 yr+ |
0.3× |
37% |
— |
FY2025 |
| 51 |
Intertek Group PLC
ITRK · LSE
|
$11B |
75/100
Stark
|
30.4%low 22.5% |
10 yr+ |
1.2× |
32% |
Intertek: Qualitäts-Compounder im Übernahmeangebot17. Juni 2026 · Halten |
FY2025 |
| 52 |
Orkla ASA
ORK · OL
|
$11B |
75/100
Stark
|
14.3%low 9.8% |
10 yr+ |
0.3× |
50% |
— |
FY2025 |
| 53 |
Alfa Laval AB
ALFA · ST
|
$25B |
74/100
Stark
|
15.9%low 11.4% |
10 yr+ |
0.3× |
34% |
— |
FY2025 |
| 54 |
SGS SA
SGSN · SW
|
$24B |
74/100
Stark
|
48.5%low 30.6% |
10 yr+ |
3.3× |
48% |
SGS: Hochwertiger TIC-Compounder zum vollen Wert17. Juni 2026 · Halten |
FY2025 |
| 55 |
Skanska AB (publ)
SKA-B · ST
|
$12B |
74/100
Stark
|
15.3%low 8.9% |
10 yr+ |
Net cash |
9% |
— |
FY2025 |
| 56 |
Prosus N.V.
PRX · Amsterdam
|
$92B |
72/100
Stark
|
23.9%low 13.0% |
10 yr+ |
0.1× |
37% |
— |
FY2026 |
| 57 |
ACS Actividades de Construccion y Servicios SA
ACS · MC
|
$32B |
72/100
Stark
|
20.8%low 12.0% |
10 yr+ |
0.4× |
30% |
— |
FY2025 |
| 58 |
AB Volvo (publ)
VOLV-B · ST
|
$79B |
71/100
Stark
|
20.9%low 13.3% |
10 yr+ |
1.0× |
24% |
— |
FY2025 |
| 59 |
UCB SA
UCB · BR
|
$45B |
71/100
Stark
|
10.2%low 3.8% |
10 yr+ |
Net cash |
71% |
— |
FY2025 |
| 60 |
Telenor ASA
TEL · OL
|
$20B |
71/100
Stark
|
25.4%low 5.6% |
10 yr+ |
1.1× |
75% |
— |
FY2025 |
| 61 |
Genmab A/S
GMAB · CO
|
$18B |
71/100
Stark
|
18.6%low 13.3% |
10 yr+ |
0.7× |
99% |
— |
FY2025 |
| 62 |
Capgemini SE
CAP · Paris
|
$18B |
70/100
Stark
|
13.3%low 9.8% |
10 yr+ |
0.6× |
26% |
— |
FY2025 |
| 63 |
Kerry Group
KRZ · IR
|
$14B |
70/100
Stark
|
12.8%low 9.7% |
10 yr+ |
0.4× |
47% |
— |
FY2025 |
| 64 |
Bureau Veritas SA
BVI · Paris
|
$13B |
70/100
Stark
|
27.2%low 10.1% |
10 yr+ |
1.0× |
30% |
Bureau Veritas: Qualitäts-TIC, eingepreist auf Wiederbeschleunigung17. Juni 2026 · Halten |
FY2025 |
| 65 |
EQT AB (publ)
EQT · ST
|
$41B |
69/100
Stark
|
21.8%low 2.2% |
10 yr+ |
Net cash |
62% |
— |
FY2025 |
| 66 |
Schneider Electric S.E.
SU · Paris
|
$176B |
68/100
Stark
|
12.5%low 8.5% |
10 yr+ |
0.6× |
40% |
— |
FY2025 |
| 67 |
Chocoladefabriken Lindt & Spruengli AG N
LISN · SW
|
$131B |
68/100
Stark
|
11.8%low 7.0% |
10 yr+ |
0.2× |
63% |
— |
FY2025 |
| 68 |
H & M Hennes & Mauritz AB (publ)
HM-B · ST
|
$30B |
68/100
Stark
|
20.2%low 2.3% |
10 yr+ |
2.4× |
52% |
— |
FY2025 |
| 69 |
Koninklijke KPN NV
KPN · Amsterdam
|
$17B |
68/100
Stark
|
23.9%low 13.9% |
10 yr+ |
3.2× |
61% |
— |
FY2025 |
| 70 |
Diploma PLC
DPLM · LSE
|
$12B |
68/100
Stark
|
15.5%low 9.4% |
10 yr+ |
0.4× |
34% |
— |
FY2025 |
| 71 |
Compagnie Financière Richemont SA
CFR · SW
|
$143B |
67/100
Stark
|
9.6%low 1.7% |
10 yr+ |
Net cash |
64% |
— |
FY2026 |
| 72 |
ASM International NV
ASM · Amsterdam
|
$42B |
67/100
Stark
|
16.8%low 6.7% |
10 yr+ |
Net cash |
47% |
— |
FY2025 |
| 73 |
ASSA ABLOY AB (publ)
ASSA-B · ST
|
$42B |
67/100
Stark
|
14.4%low 5.3% |
10 yr+ |
0.6× |
40% |
— |
FY2025 |
| 74 |
Hexagon AB (publ)
HEXA-B · ST
|
$25B |
67/100
Stark
|
10.6%low 6.0% |
10 yr+ |
0.3× |
64% |
— |
FY2025 |
| 75 |
Essity AB (publ)
ESSITY-B · ST
|
$20B |
67/100
Stark
|
15.8%low 8.3% |
10 yr+ |
0.3× |
29% |
— |
FY2025 |
| 76 |
Danone SA
BN · Paris
|
$47B |
66/100
Stark
|
11.2%low 5.4% |
10 yr+ |
0.5× |
49% |
— |
FY2025 |
| 77 |
Kuehne & Nagel
KNIN · SW
|
$31B |
66/100
Stark
|
40.7%low 31.8% |
10 yr+ |
1.5× |
17% |
— |
FY2025 |
| 78 |
Boliden AB
BOL · ST
|
$14B |
66/100
Stark
|
15.8%low 10.8% |
10 yr+ |
0.2× |
18% |
— |
FY2025 |
| 79 |
Akzo Nobel NV
AKZA · Amsterdam
|
$11B |
66/100
Stark
|
16.4%low 8.1% |
10 yr+ |
0.6× |
41% |
— |
FY2025 |
| 80 |
Ipsen SA
IPN · Paris
|
$15B |
65/100
Stark
|
15.7%low -3.1% |
6 yr |
Net cash |
81% |
— |
FY2025 |
| 81 |
Air Liquide SA
AI · Paris
|
$117B |
64/100
Mittel
|
12.3%low 11.0% |
10 yr+ |
0.4× |
59% |
— |
FY2025 |
| 82 |
Koninklijke Ahold Delhaize NV
AD · Amsterdam
|
$33B |
64/100
Mittel
|
12.6%low 5.1% |
10 yr+ |
0.0× |
27% |
— |
FY2025 |
| 83 |
Legal & General Group PLC
LGEN · LSE
|
$21B |
64/100
Mittel
|
17.0%low 5.4% |
10 yr+ |
3.5× |
97% |
— |
FY2025 |
| 84 |
Rheinmetall AG
RHM · XETRA
|
$57B |
63/100
Mittel
|
13.5%low 0.1% |
10 yr+ |
Net cash |
47% |
— |
FY2025 |
| 85 |
Mowi ASA
MOWI · OL
|
$12B |
63/100
Mittel
|
16.5%low 4.3% |
10 yr+ |
0.5× |
53% |
— |
FY2025 |
| 86 |
JSC National Atomic Company Kazatomprom
KAP · IL
|
$23B |
62/100
Mittel
|
25.5%low 11.8% |
10 yr+ |
— |
41% |
— |
FY2025 |
| 87 |
Haleon PLC
HLN · LSE
|
$41B |
61/100
Mittel
|
6.3%low 2.4% |
7 yr |
0.4× |
61% |
— |
FY2025 |
| 88 |
Julius Baer Gruppe AG
BAER · SW
|
$19B |
61/100
Mittel
|
11.8%low 7.4% |
10 yr+ |
Net cash |
89% |
— |
FY2025 |
| 89 |
Publicis Groupe SA
PUB · Paris
|
$25B |
59/100
Mittel
|
10.7%low -8.7% |
9 yr |
0.1× |
36% |
— |
FY2025 |
| 90 |
Compagnie Generale des Etablissements Michelin SCA
ML · Paris
|
$25B |
59/100
Mittel
|
11.7%low 5.0% |
10 yr+ |
0.1× |
29% |
— |
FY2025 |
| 91 |
Eiffage SA
FGR · Paris
|
$13B |
59/100
Mittel
|
13.3%low 7.1% |
10 yr+ |
1.3× |
47% |
— |
FY2025 |
| 92 |
Airbus Group SE
AIR · Paris
|
$172B |
58/100
Mittel
|
18.1%low -22.8% |
5 yr |
Net cash |
14% |
Airbus SE Tiefgehende Analyse15. Juni 2026 · Halten |
FY2025 |
| 93 |
Anheuser Busch Inbev SA NV
ABI · BR
|
$160B |
58/100
Mittel
|
7.0%low 1.7% |
10 yr+ |
0.7× |
58% |
— |
FY2025 |
| 94 |
Saab AB (publ)
SAAB-B · ST
|
$31B |
58/100
Mittel
|
9.3%low 5.0% |
10 yr+ |
Net cash |
22% |
— |
FY2025 |
| 95 |
Dassault Aviation SA
AM · Paris
|
$25B |
58/100
Mittel
|
12.8%low 6.6% |
10 yr+ |
Net cash |
23% |
— |
FY2025 |
| 96 |
GEA GROUP
G1A · XETRA
|
$11B |
58/100
Mittel
|
10.1%low -8.9% |
6 yr |
Net cash |
32% |
— |
FY2025 |
| 97 |
Airbus SE
AIR · XETRA
|
$172B |
57/100
Mittel
|
18.0%low -22.2% |
5 yr |
Net cash |
14% |
— |
FY2025 |
| 98 |
Compagnie de Saint-Gobain S.A.
SGO · Paris
|
$43B |
57/100
Mittel
|
8.7%low 2.2% |
10 yr+ |
0.4× |
26% |
— |
FY2025 |
| 99 |
Trelleborg AB (publ)
TREL-B · ST
|
$10B |
56/100
Mittel
|
12.4%low -0.7% |
6 yr |
0.2× |
34% |
— |
FY2025 |
| 100 |
Vinci S.A.
DG · Paris
|
$73B |
55/100
Mittel
|
14.5%low 5.9% |
10 yr+ |
0.6× |
18% |
— |
FY2025 |