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 score tier "Poor", market cap "Large $10–200B", No report yet: 48 match(clear filters).

#	Ticker	Mkt Cap	Score▼	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	Report	FY
1	Hyosung Heavy Industries Corp 298040 · Korea	$24B	34/100 Poor	6.3%low -2.5%	5 yr	—	14%	—	FY2025
2	Plains All American Pipeline LP PAA · US	$17B	34/100 Poor	7.1%low -26.6%	5 yr	0.7×	5%	—	FY2025
3	Api Group Corp APG · US	$17B	34/100 Poor	4.5%low -9.8%	5 yr	0.6×	25%	—	FY2025
4	Piotech Inc. A 688072 · Shanghai	$27B	33/100 Poor	7.7%low -2.4%	5 yr	—	40%	—	FY2025
5	Aramark Holdings ARMK · US	$15B	33/100 Poor	8.4%low -16.9%	4 yr	1.6×	9%	—	FY2025
6	TotalEnergies SE TTE · Paris	$183B	32/100 Poor	10.3%low -7.0%	5 yr	0.3×	27%	—	FY2025
7	Ferrovial S.A. FER · MC	$44B	31/100 Poor	9.9%low -13.3%	5 yr	1.1×	22%	—	FY2025
8	Airtel Africa Plc AAF · LSE	$15B	31/100 Poor	12.0%low -7.6%	2 yr	1.3×	63%	—	FY2026
9	Repsol S.A. REP · MC	$31B	30/100 Poor	4.3%low -16.2%	5 yr	0.3×	17%	—	FY2025
10	United Utilities Group PLC UU · LSE	$13B	30/100 Poor	10.9%low -1.9%	4 yr	4.3×	69%	—	FY2026
11	Alamos Gold Inc AGI · US	$12B	30/100 Poor	4.0%low -2.8%	4 yr	Net cash	29%	—	FY2025
12	Argen-X ARGX · BR	$50B	29/100 Poor	-12.1%low -36.3%	2 yr	Net cash	16%	—	FY2025
13	Edison International EIX · US	$28B	29/100 Poor	8.8%low -2.9%	7 yr	2.4×	40%	—	FY2025
14	AT&T Inc. T · US	$159B	28/100 Poor	9.4%low -8.7%	3 yr	1.4×	44%	—	FY2025
15	Hyundai Electric & Energy Systems Co Ltd 267260 · Korea	$26B	28/100 Poor	5.0%low -37.8%	4 yr	—	18%	—	FY2025
16	LATAM Airlines Group S.A. LTM · US	$15B	28/100 Poor	32.1%low 1.7%	4 yr	4.4×	19%	—	FY2025
17	DigitalOcean Holdings Inc DOCN · US	$14B	28/100 Poor	-6.0%^‡low -58.0%	3 yr	—	58%	—	FY2025
18	Alcoa Corp AA · US	$12B	27/100 Poor	-1.9%low -27.4%	2 yr	0.2×	13%	—	FY2025
19	Muyuan Foodstuff Co Ltd 002714 · Shenzhen	$32B	26/100 Poor	21.4%low -6.8%	2 yr	0.8×	26%	—	FY2025
20	Naturgy Energy Group SA NTGY · MC	$29B	26/100 Poor	11.0%low -25.8%	5 yr	1.3×	29%	—	FY2025
21	Dollar Tree Inc DLTR · US	$24B	26/100 Poor	2.4%low -76.2%	1 yr	1.7×	33%	—	FY2026
22	KGHM Polska Miedz SA KGH · WAR	$17B	26/100 Poor	5.1%low -27.7%	2 yr	0.2×	18%	—	FY2025
23	Chongqing Sokon Ind Grp Co 601127 · Shanghai	$15B	26/100 Poor	-1.7%low -33.9%	2 yr	Net cash	16%	—	FY2025
24	Hudbay Minerals Inc. HBM · US	$10B	26/100 Poor	-0.7%low -18.6%	4 yr	0.2×	20%	—	FY2025
25	Telia Company AB TELIA · ST	$19B	25/100 Poor	0.2%low -35.8%	3 yr	1.8×	39%	—	FY2025
26	Huazhu Group Ltd HTHT · US	$13B	25/100 Poor	12.3%low -20.8%	3 yr	1.6×	27%	—	FY2025
27	Getlink SE GET · Paris	$11B	25/100 Poor	5.2%low -17.4%	4 yr	1.3×	44%	—	FY2025
28	DELTON 1989 · HK	$11B	25/100 Poor	7.2%low -17.3%	3 yr	0.2×	51%	—	FY2026
29	Sands China Ltd 1928 · HK	$15B	24/100 Poor	8.9%low -118.0%	3 yr	4.0×	67%	—	FY2025
30	Shenzhen Longsys Electronics Co. Ltd. A 301308 · Shenzhen	$19B	23/100 Poor	6.9%low -13.7%	2 yr	—	15%	—	FY2025
31	COSCO Shipping Energy Transportation Co Ltd 600026 · Shanghai	$13B	23/100 Poor	3.9%low -17.4%	4 yr	0.5×	22%	—	FY2025
32	Antero Resources Corp AR · US	$11B	23/100 Poor	0.1%low -20.8%	4 yr	0.7×	18%	—	FY2025
33	Shengyi Electronics Co. Ltd. A 688183 · Shanghai	$11B	23/100 Poor	13.6%low -0.6%	2 yr	—	24%	—	FY2025
34	Engie S.A. ENGI · Paris	$74B	21/100 Poor	4.1%low -6.9%	5 yr	1.2×	23%	—	FY2025
35	Millicom International Cellular SA TIGO · US	$16B	20/100 Poor	5.2%low -16.7%	2 yr	2.2×	49%	—	FY2025
36	Endeavour Mining Corp EDV · LSE	$11B	20/100 Poor	-5.4%low -22.8%	1 yr	0.1×	36%	—	FY2025
37	Dutch Bros Inc BROS · US	$11B	19/100 Poor	6.5%low -13.4%	3 yr	1.2×	30%	—	FY2025
38	Korea Electric Power Corp 015760 · Korea	$18B	18/100 Poor	-4.7%low -60.3%	2 yr	—	3%	—	FY2025
39	Shandong Gold Mining Co Ltd 600547 · Shanghai	$17B	18/100 Poor	7.0%low -0.7%	4 yr	2.2×	13%	—	FY2025
40	Aeroports de Paris SA ADP · Paris	$13B	17/100 Poor	5.2%low -32.0%	4 yr	1.9×	46%	—	FY2025
41	Deutsche Lufthansa AG LHA · XETRA	$12B	17/100 Poor	-41.4%low -499.3%	4 yr	0.5×	6%	—	FY2025
42	International Consolidated Airlines Group S.A IAG · LSE	$24B	16/100 Poor	-57.7%low -529.4%	4 yr	0.8×	10%	—	FY2025
43	Datang International Power Generation Co Ltd Class A 601991 · Shanghai	$15B	15/100 Poor	2.3%low -14.6%	3 yr	7.0×	14%	—	FY2025
44	United Airlines Holdings Inc UAL · US	$39B	13/100 Poor	2.6%low -118.6%	4 yr	1.2×	24%	—	FY2025
45	Life Time Group Holdings Inc LTH · US	$10B	13/100 Poor	-4.2%low -27.7%	3 yr	2.1×	42%	—	FY2025
46	Korea Electric Power Corp ADR KEP · US	$16B	10/100 Poor	-4.4%low -58.3%	2 yr	2.6×	3%	—	FY2025
47	FTAI Aviation Ltd. FTAI · US	$21B	7/100 Poor	-89.4%low -1023.5%	3 yr	9.4×	26%	—	FY2025
48	Carnival PLC CCL · LSE	$34B	6/100 Poor	-12.4%low -86.3%	2 yr	2.1×	7%	—	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.