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. Filtered by market "Europe (incl. UK)", market cap "Large $10–200B": 155 match(clear filters) · page 2 of 2.

# Ticker Mkt Cap Score▼ Baillie 10Y ROE Profit Streak Net Debt/Eq Gross Margin Report FY
101 adidas AG ADS · XETRA $30B
55/100 Medium
44/100 17.2%low -1.6% 2 yr 0.7× 50% adidas AG: Record Revenue, Record Doubt, and the Economics of a World CupAug 9, 2026 · Hold FY2025
102 VERBUND AG VER · VI $22B
55/100 Medium
— 13.8%low 6.0% 10 yr+ 0.2× 43% — FY2025
103 Deutsche Telekom AG DTE · XETRA $140B
53/100 Medium
— 16.8%low 7.0% 10 yr+ 2.1× 52% — FY2025
104 Endesa SA ELE · MC $47B
53/100 Medium
— 20.1%low 2.2% 10 yr+ 1.2× 28% — FY2025
105 Reckitt Benckiser Group PLC RKT · LSE $42B
53/100 Medium
— 15.1%low -29.6% 4 yr 0.8× 60% — FY2025
106 Tesco PLC TSCO · LSE $39B
53/100 Medium
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 ProfitSep 2, 2026 · Hold FY2026
107 Wartsila Oyj Abp WRT1V · HE $19B
52/100 Medium
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 29.46Aug 24, 2026 · Hold FY2025
108 Fresnillo PLC FRES · LSE $23B
50/100 Medium
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 DoneJul 4, 2026 · Hold FY2025
109 Eurofins Scientific SE ERF · Paris $13B
50/100 Medium
51/100 10.6%low 6.1% 10 yr+ 1.3× 55% Eurofins Scientific (Eurofins Scientific SE, ERF.PA) — Zen Horizon ReportJun 8, 2026 · Watch FY2025
110 Tele2 AB (publ) TEL2-B · ST $12B
50/100 Medium
— 11.8%low -10.6% 9 yr 1.3× 40% — FY2025
111 Rolls-Royce Holdings PLC RR · LSE $154B
49/100 Weak
48/100 36.9%‡low 3.6% 3 yr Net cash 17% Rolls-Royce (RR.LSE) Zen Horizon Research ReportJun 8, 2026 · Hold FY2025
112 Safran SA SAF · Paris $151B
49/100 Weak
51/100 16.0%low -23.6% 1 yr Net cash 44% Safran SA (SAF.PA) — Zen Horizon ReportJun 8, 2026 · Watch FY2025
113 Heineken Holding NV HEIO · Amsterdam $22B
49/100 Weak
— 16.9%low -1.3% 5 yr 1.8× 37% — FY2025
114 Investor AB ser. B INVE-B · ST $135B
47/100 Weak
44/100 12.7%low -12.4% 3 yr 0.1× 99% Investor AB: Q2 2026 Adjusted NAV of SEK 1,214.7bn or SEK 397 per Share Leaves the SEK 402.75 Quote at a 1.45% Premium Instead of the 7% to 13% Discount Normal in 2021 to 2025Sep 11, 2026 · Hold FY2025
115 Rexel S.A RXL · Paris $11B
46/100 Weak
— 6.9%low -6.9% 5 yr 0.8× 25% — FY2025
116 Iberdrola S.A. IBE · MC $149B
45/100 Weak
— 9.8%low 7.3% 10 yr+ 1.1× 46% — FY2025
117 Yara International ASA YAR · OL $12B
45/100 Weak
— 8.6%low 0.2% 10 yr+ 0.5× 26% — FY2025
118 Antofagasta PLC ANTO · LSE $46B
44/100 Weak
— 9.7%low 1.8% 10 yr+ 0.3× 45% — FY2025
119 Heidelberg Materials AG HEI · XETRA $31B
44/100 Weak
— 6.1%low -15.8% 5 yr 0.3× 58% — FY2025
120 Orange S.A. ORA · Paris $48B
43/100 Weak
— 7.6%low 0.9% 10 yr+ 1.4× 36% — FY2025
121 Veolia Environnement VE SA VIE · Paris $27B
43/100 Weak
— 9.4%low 1.2% 10 yr+ 1.7× 17% — FY2025
122 Aena SA AENA · MC $43B
42/100 Weak
— 16.1%low -7.8% 4 yr 0.5× 58% — FY2025
123 Uniper SE UN0 · XETRA $19B
42/100 Weak
— -47.1%low -453.4% 3 yr Net cash 2% — FY2025
124 Aker BP ASA AKRBP · OL $23B
41/100 Weak
35/100 10.9%low 1.2% 10 yr+ 0.4× 59% Aker BP ASA: The 2028 Cash Inflection Is Sanctioned and Tax-Shielded, but NOK 356 Leaves No Conservative Margin of SafetySep 4, 2026 · Hold FY2025
125 Klepierre SA LI · Paris $12B
41/100 Weak
— 6.6%low -9.6% 5 yr 0.9× 76% — FY2025
126 Severn Trent PLC SVT · LSE $12B
41/100 Weak
— 16.9%low -6.9% 4 yr 5.5× 56% — FY2026
127 Equinor ASA EQNR · OL $99B
40/100 Weak
38/100 14.2%low -16.2% 5 yr Net cash 41% Equinor: Q2 Profit of USD 11.48bn Leaves USD 3.44bn After Tax, and NOK 386.40 Already Pays the Base CaseAug 29, 2026 · Hold FY2025
128 E.ON SE EOAN · XETRA $53B
40/100 Weak
— 28.0%low 3.7% 9 yr 1.9× 19% — FY2025
129 InterContinental Hotels Group PLC IHG · LSE $30B
40/100 Weak
— 51.3%‡low -18.0% 5 yr — 29% — FY2025
130 Siemens Energy AG ENR · XETRA $135B
39/100 Weak
48/100 -3.2%low -53.3% 2 yr Net cash 12% Siemens Energy Deep Research under the Zen Horizon FrameworkJun 8, 2026 · Hold FY2025
131 Telefonaktiebolaget LM Ericsson (publ) ERIC-B · ST $33B
39/100 Weak
44/100 1.5%low -35.4% 2 yr Net cash 38% Telefonaktiebolaget LM EricssonJul 22, 2026 · Hold FY2025
132 Vestas Wind Systems A/S VWS · CO $27B
38/100 Weak
44/100 10.7%low -51.6% 3 yr Net cash 13% Vestas Wind Systems A/S (VWS.CO) Zen Horizon Research ReportJun 8, 2026 · Cautious Buy FY2025
133 Koninklijke Philips NV PHIA · Amsterdam $24B
38/100 Weak
— 6.3%low -12.1% 1 yr 0.5× 44% — FY2025
134 MTU Aero Engines AG MTX · XETRA $21B
38/100 Weak
— 14.6%low -3.6% 2 yr 0.0× 15% — FY2025
135 Allegro.eu S.A. ALE · WAR $12B
38/100 Weak
— 3.6%low -21.3% 3 yr 0.2× 80% — FY2025
136 Galp Energia SGPS S.A. GALP · LS $17B
37/100 Weak
— 13.6%low -17.4% 5 yr — 10% — FY2025
137 Carlsberg A/S CARL-B · CO $19B
36/100 Weak
— -2.5%low -175.6% 2 yr 2.2× 47% — FY2025
138 Neste Oil Oyj NESTE · HE $25B
35/100 Weak
— 17.1%low -1.3% 1 yr 0.5× 14% — FY2025
139 TotalEnergies SE TTE · Paris $183B
32/100 Poor
40/100 10.3%low -7.0% 5 yr 0.3× 27% TotalEnergies: USD 27.5bn of Owner Earnings, 33.4 GW of Power, and No Obvious Margin of Safety at EUR 77.61Sep 2, 2026 · Hold FY2025
140 Subsea 7 S.A. SUBC · OL $10B
32/100 Poor
46/100 0.7%low -26.1% 5 yr 0.1× 11% Subsea 7 (SUBC.OL) Zen Horizon Research ReportJun 9, 2026 · Watch FY2025
141 Ferrovial S.A. FER · MC $44B
31/100 Poor
— 9.9%low -13.3% 5 yr 1.1× 22% — FY2025
142 Airtel Africa Plc AAF · LSE $15B
31/100 Poor
— 12.0%low -7.6% 2 yr 1.3× 63% — FY2026
143 Repsol S.A. REP · MC $31B
30/100 Poor
— 4.3%low -16.2% 5 yr 0.3× 17% — FY2025
144 United Utilities Group PLC UU · LSE $13B
30/100 Poor
— 10.9%low -1.9% 4 yr 4.3× 69% — FY2026
145 Argen-X ARGX · BR $50B
29/100 Poor
— -12.1%low -36.3% 2 yr Net cash 16% — FY2025
146 Naturgy Energy Group SA NTGY · MC $29B
26/100 Poor
— 11.0%low -25.8% 5 yr 1.3× 29% — FY2025
147 KGHM Polska Miedz SA KGH · WAR $17B
26/100 Poor
— 5.1%low -27.7% 2 yr 0.2× 18% — FY2025
148 Telia Company AB TELIA · ST $19B
25/100 Poor
— 0.2%low -35.8% 3 yr 1.8× 39% — FY2025
149 Getlink SE GET · Paris $11B
25/100 Poor
— 5.2%low -17.4% 4 yr 1.3× 44% — FY2025
150 Engie S.A. ENGI · Paris $74B
21/100 Poor
— 4.1%low -6.9% 5 yr 1.2× 23% — FY2025
151 Endeavour Mining Corp EDV · LSE $11B
20/100 Poor
34/100 -5.4%low -22.8% 1 yr 0.1× 36% Endeavour Mining plc: Gold Did the Work While Ounces Fell 13%, and £47.23 Already Prices In a Risked AssafouSep 5, 2026 · Hold FY2025
152 Aeroports de Paris SA ADP · Paris $13B
17/100 Poor
— 5.2%low -32.0% 4 yr 1.9× 46% — FY2025
153 Deutsche Lufthansa AG LHA · XETRA $12B
17/100 Poor
— -41.4%low -499.3% 4 yr 0.5× 6% — FY2025
154 International Consolidated Airlines Group S.A IAG · LSE $24B
16/100 Poor
— -57.7%low -529.4% 4 yr 0.8× 10% — FY2025
155 Carnival PLC CCL · LSE $34B
6/100 Poor
— -12.4%low -86.3% 2 yr 2.1× 7% — FY2025