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 "Strong", market "Europe (incl. UK)", Has report: 29 match(clear filters).

#	Ticker	Mkt Cap	Score▼	Baillie	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	Report	FY
1	Sandvik AB SAND · ST	$48B	79/100 Strong	44/100	16.8%low 12.6%	10 yr+	0.3×	40%	Sandvik AB: A Record 22.6% Margin With SEK 550 Million of Tungsten Inside It, and No Margin of Safety at SEK 368.70Aug 21, 2026 · Hold	FY2025
2	Novartis AG NOVN · SW	$306B	78/100 Strong	46/100	20.9%low 9.0%	10 yr+	0.6×	71%	Novartis (NVS) Zen Horizon Research ReportJun 8, 2026 · Hold	FY2025
3	Rio Tinto PLC RIO · LSE	$148B	78/100 Strong	38/100	22.4%low 11.8%	10 yr+	0.2×	61%	Rio Tinto: Copper EBITDA Rose 84% on 1% More Production, and £73.74 Sits Inside a £62–82 Hold BandSep 14, 2026 · Hold	FY2025
4	Swisscom AG SCMN · SW	$41B	78/100 Strong	37/100	16.8%low 10.4%	10 yr+	0.2×	80%	Swisscom AG: A 4.25% Dividend, a Finite Italian Synergy Bridge, and No Margin of Safety at CHF 635Aug 20, 2026 · Hold	FY2025
5	Next PLC NXT · LSE	$22B	78/100 Strong	43/100	55.5%low 43.4%	10 yr+	1.0×	40%	NEXT plc: 23.9% International Growth, a £16.9 Million Platform, and 19.2 Times EarningsAug 30, 2026 · Hold	FY2026
6	Jeronimo Martins SGPS SA JMT · LS	$12B	78/100 Strong	42/100	22.6%low 15.5%	10 yr+	—	21%	Jerónimo Martins: EBITDA Up 7.6%, Net Profit Down 3.5%, and No Conservative Margin of SafetyAug 31, 2026 · Hold	FY2025
7	ABB Ltd ABBN · SW	$183B	77/100 Strong	46/100	21.9%low 8.1%	10 yr+	0.2×	33%	ABB Ltd: 58% Electrification Order Growth, and a 19.5x EBITDA Test of Capital DisciplineAug 11, 2026 · Hold	FY2025
8	Thales S.A. HO · Paris	$55B	77/100 Strong	46/100	16.8%low 9.5%	10 yr+	0.2×	25%	Thales: A Genuine Defence-Electronics Quality Compounder, Priced Like the Best Case Is Already Locked InJul 7, 2026 · Hold	FY2025
9	Bunzl PLC BNZL · LSE	$11B	76/100 Strong	39/100	19.3%low 16.5%	10 yr+	0.8×	20%	Bunzl: 0.4% Underlying Growth, 237 Acquisitions, and 15.6 Times EarningsAug 29, 2026 · Hold	FY2025
10	Eckert & Ziegler Strahlen- und Medizintechnik AG EUZ · XETRA	$1.0B	76/100 Strong	44/100	14.4%low 9.1%	10 yr+	Net cash	48%	Eckert & Ziegler SE: A Better Business, Not Yet a Better PriceJul 15, 2026 · Hold	FY2025
11	Deutsche Post AG DHL · XETRA	$70B	75/100 Strong	38/100	19.6%low 14.0%	10 yr+	0.9×	11%	DHL AG: Express Supplies 60% of H1 Group EBIT on 31% of Revenue and German Mail Volume Falls 15%, but EUR 55.02 Sits 30% Above the EUR 42.2 Conservative ValueSep 14, 2026 · Hold	FY2025
12	Intertek Group PLC ITRK · LSE	$11B	75/100 Strong	45/100	30.4%low 22.5%	10 yr+	1.2×	32%	Intertek: Quality Compounder on a Takeover BidJun 17, 2026 · Hold	FY2025
13	Orkla ASA ORK · OL	$11B	75/100 Strong	35/100	14.3%low 9.8%	10 yr+	0.3×	50%	Orkla: Zero Organic Growth in the Controlled Portfolio, Jotun Operating Profit Up 21%, and a 21% NAV Discount at NOK 97.10Aug 25, 2026 · Hold	FY2025
14	Alfa Laval AB ALFA · ST	$25B	74/100 Strong	47/100	15.9%low 11.4%	10 yr+	0.3×	34%	Alfa Laval: A 35% Order Surge, a 2% Profit Increase, and 29 Times EarningsAug 27, 2026 · Hold	FY2025
15	SGS SA SGSN · SW	$24B	74/100 Strong	44/100	48.5%low 30.6%	10 yr+	3.3×	48%	SGS: High-Quality TIC Compounder at Full ValueJun 17, 2026 · Hold	FY2025
16	Skanska AB (publ) SKA-B · ST	$12B	74/100 Strong	38/100	15.3%low 8.9%	10 yr+	Net cash	9%	Skanska AB: A Record SEK 297.5bn Backlog Rests on a 4.3% Contractor Margin, and SEK 271.90 Leaves No Conservative Margin of SafetySep 5, 2026 · Hold	FY2025
17	JD Sports Fashion PLC JD · LSE	$5.4B	74/100 Strong	37/100	20.6%low 6.7%	10 yr+	0.9×	48%	JD Sports Fashion plc: Cheap Cash Flow, Falling Like-for-Like Sales, and the Cost of ControlSep 2, 2026 · Watch	FY2026
18	Prosus N.V. PRX · Amsterdam	$92B	72/100 Strong	46/100	23.9%low 13.0%	10 yr+	0.1×	37%	Prosus N.V.: A 38.4% NAV Discount, a Tencent-Funded Buyback, and No Conservative Margin of SafetyAug 20, 2026 · Hold	FY2026
19	ACS Actividades de Construccion y Servicios SA ACS · MC	$32B	72/100 Strong	44/100	20.8%low 12.0%	10 yr+	0.4×	30%	ACS Equity Research: Construction Scale, AI Infrastructure, and the Cost of a Re-ratingAug 21, 2026 · Hold	FY2025
20	UCB SA UCB · BR	$45B	71/100 Strong	50/100	10.2%low 3.8%	10 yr+	Net cash	71%	UCB SA: A Specialty-Biopharma Growth Platform That Has Already Re-RatedJun 29, 2026 · Hold	FY2025
21	Bureau Veritas SA BVI · Paris	$13B	70/100 Strong	47/100	27.2%low 10.1%	10 yr+	1.0×	30%	Bureau Veritas: Quality TIC, Priced for ReaccelerationJun 17, 2026 · Hold	FY2025
22	Valmet Oyj VALMT · HE	$5.2B	70/100 Strong	41/100	15.0%low 9.3%	10 yr+	0.3×	24%	Valmet Oyj: Two Businesses, One Share Price, and a Separation Thesis Already Partly PricedSep 2, 2026 · Hold	FY2025
23	Schneider Electric S.E. SU · Paris	$176B	68/100 Strong	45/100	12.5%low 8.5%	10 yr+	0.6×	40%	Schneider Electric (SU.PA) Zen Horizon Research ReportJun 5, 2026 · Watch	FY2025
24	H & M Hennes & Mauritz AB (publ) HM-B · ST	$30B	68/100 Strong	32/100	20.2%low 2.3%	10 yr+	2.4×	52%	H&M: The Margin Repair Is Real, the Growth Engine Is Not, and 23.8x Leaves No CushionAug 20, 2026 · Hold	FY2025
25	Compagnie Financière Richemont SA CFR · SW	$143B	67/100 Strong	48/100	9.6%low 1.7%	10 yr+	Net cash	64%	Compagnie Financière Richemont SA: Jewellery Earns EUR 5.04bn of Operating Profit While Watchmakers Earn EUR 107m, and CHF 183.65 Sits 18% Above the Conservative ValueSep 9, 2026 · Hold	FY2026
26	ASM International NV ASM · Amsterdam	$42B	67/100 Strong	45/100	16.8%low 6.7%	10 yr+	Net cash	47%	ASM International Deep Value Investment AnalysisJun 4, 2026 · Watch	FY2025
27	Hexagon AB (publ) HEXA-B · ST	$25B	67/100 Strong	50/100	10.6%low 6.0%	10 yr+	0.3×	64%	Hexagon AB (HEXA-B.ST) Zen Horizon Deep-Dive Research ReportJun 9, 2026 · Watch	FY2025
28	SCHOTT Pharma AG & Co. KGaA 1SXP · XETRA	$2.9B	67/100 Strong	35/100	20.6%low 16.4%	6 yr	—	35%	SCHOTT Pharma: A GLP-1 Boom Priced by the Dose, Not the Drug, and a Capacity Bill That Has Yet to Prove Its ReturnAug 6, 2026 · Hold	FY2025
29	Danone SA BN · Paris	$47B	66/100 Strong	40/100	11.2%low 5.4%	10 yr+	0.5×	49%	Danone: 55% of Profit in One Category, a Shrinking Chinese Birth Cohort, and Why 17.3x Leaves No Margin of SafetyAug 20, 2026 · Hold	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.