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 "US", market cap "Mid $2–10B", Has report: 28 match(clear filters).

# Ticker Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Report FY
1 FactSet Research Systems Inc FDS · US $9.4B
92/100 Elite
40.4%low 27.3% 10 yr+ 0.6× 53% FactSet Research Systems Deep Value Investment ResearchMay 31, 2026 · Cautious Buy FY2025
2 Smith AO Corporation AOS · US $8.2B
91/100 Elite
23.4%low 13.5% 10 yr+ Net cash 39% A. O. Smith Water Heaters & Water Treatment Deep DiveMay 23, 2026 · Watch FY2025
3 Allison Transmission Holdings Inc ALSN · US $9.6B
84/100 Elite
49.2%low 19.9% 10 yr+ 0.8× 49% Allison Transmission: A Reassessment During the Integration PhaseMay 28, 2026 · Hold FY2025
4 Pool Corporation POOL · US $6.7B
78/100 Strong
52.6%low 34.1% 10 yr+ 1.2× 30% Pool Corporation Value Investment Deep-Dive ReportMay 31, 2026 · Watch FY2025
5 Trade Desk Inc TTD · US $8.5B
76/100 Strong
14.8%low 2.5% 10 yr+ Net cash 79% The Trade Desk: A Long-Term Owner's Deep-DiveMay 31, 2026 · Watch FY2025
6 Booz Allen Hamilton Holding BAH · US $8.4B
76/100 Strong
52.2%low 27.4% 10 yr+ 3.1× 51% Booz Allen Hamilton: The 130 Basis Point Margin Jump and the 39.48 Billion Dollar Backlog Are Both Smaller Than They Look, and 69.72 Dollars Sits Above Conservative ValueAug 1, 2026 · Hold FY2026
7 Nice Ltd ADR NICE · US $5.8B
75/100 Strong
9.4%low 7.1% 10 yr+ Net cash 67% NICE Ltd: A Good Software Business Still Waiting for Proof That AI Adds More Than It SubstitutesJul 22, 2026 · Watch FY2025
8 Campbell’s Co CPB · US $6.6B
74/100 Strong
29.8%low 14.9% 10 yr+ 1.8× 34% The Campbell's Company: A Value-Investing Deep DiveMay 31, 2026 · Watch FY2025
9 EPAM Systems Inc EPAM · US $5.5B
73/100 Strong
14.0%low 7.5% 10 yr+ Net cash 33% EPAM Systems: A Value Investing Deep DiveMay 31, 2026 · Cautious Buy FY2025
10 Timken Company TKR · US $9.6B
65/100 Strong
14.8%low 9.1% 10 yr+ 0.6× 36% Timken: The Margin Transition Is Real, but the Price Already Assumes It's FinishedJul 8, 2026 · Hold FY2025
11 Centrus Energy Corp. LEU · US $3.5B
65/100 Strong
60.0%low 60.0% 6 yr Net cash 25% Centrus Energy Zen Horizon Framework Deep-Dive ResearchJun 6, 2026 · Watch FY2025
12 Vicor Corporation VICR · US $9.6B
55/100 Medium
7.1%low -4.8% 9 yr Net cash 48% Vicor: A Real Power-Delivery Specialist, Already Priced For AI's PromiseJul 14, 2026 · Watch FY2025
13 Sanmina Corporation SANM · US $9.9B
54/100 Medium
9.2%low -6.5% 7 yr Net cash 8% Sanmina CorporationJul 23, 2026 · Hold FY2025
14 FormFactor Inc FORM · US $8.3B
53/100 Medium
8.0%low -1.6% 9 yr Net cash 39% FormFactor (FORM.US) Buffett Framework Deep-Dive ResearchJun 9, 2026 · Watch FY2025
15 Qiagen NV QGEN · US $7.5B
49/100 Weak
7.4%low -1.6% 6 yr 0.1× 63% QIAGEN: Sticky Workflow Economics With Takeover Optionality Already in the PriceJul 17, 2026 · Hold FY2025
16 Aecom Technology Corporation ACM · US $8.7B
45/100 Weak
6.4%low -7.1% 5 yr 0.7× 5% AECOM: A 16.5% Segment Margin and 12.1x Earnings Are Genuinely Cheap, but First-Half Free Cash Flow of 15 Million Dollars Means 72.39 Dollars Only Buys the Base CaseAug 1, 2026 · Hold FY2025
17 Qorvo Inc QRVO · US $8.0B
40/100 Weak
6.1%low -2.0% 2 yr 0.1× 41% Qorvo: A Long-Term Owner's PerspectiveJun 3, 2026 · Watch FY2026
18 Duolingo Inc DUOL · US $6.3B
40/100 Weak
-2.8%low -25.2% 3 yr Net cash 76% Duolingo: A Long-Term Owner's PerspectiveMay 18, 2026 · Watch FY2025
19 TAL Education Group TAL · US $5.1B
40/100 Weak
2.2%low -28.4% 2 yr Net cash 53% TAL Education Group: A Cash-Rich Rebuild with a Hardware QuestionJun 18, 2026 · Hold FY2026
20 Oceaneering International Inc OII · US $4.9B
37/100 Weak
-6.0%low -89.0% 4 yr Net cash 13% Oceaneering International Zen Horizon Framework Deep DiveJun 7, 2026 · Watch FY2025
21 Constellium Nv CSTM · US $3.8B
37/100 Weak
12.9%low 4.6% 5 yr 1.9× 11% Constellium: A Long-Term Value Investing StudyJun 3, 2026 · Watch FY2025
22 Luckin Coffee LKNCY · US $9.3B
28/100 Poor
-12.0%low -71.6% 5 yr Net cash 13% Luckin Coffee Zen Horizon Analysis: China's Coffee Leader in the Middle of a Valuation ResetJun 4, 2026 · Hold FY2025
23 Osisko Gold Ro OR · US $5.7B
28/100 Poor
-1.2%low -15.7% 2 yr Net cash 62% OR Royalties: A Mid-Tier Royalty Franchise Re-Rating With Visible Growth, Priced Around Fair ValueJun 25, 2026 · Hold FY2025
24 Triple Flag Precious Metals Corp TFPM · US $6.0B
24/100 Poor
2.9%low -2.3% 1 yr Net cash 53% Triple Flag Precious Metals: Quality Compounder, Fully PricedJun 20, 2026 · Watch FY2025
25 Iridium Communications Inc IRDM · US $5.0B
24/100 Poor
5.3%low -11.1% 4 yr 3.6× 40% Iridium: A Global Cash Machine With Option PremiumJun 17, 2026 · Hold FY2025
26 Hecla Mining Company HL · US $9.5B
21/100 Poor
0.5%low -5.6% 2 yr Net cash 22% Hecla Mining: A Cleaner, Debt-Free Silver Major Still Priced Without a Margin of SafetyJun 29, 2026 · Hold FY2025
27 First Majestic Silver Corp AG · US $7.7B
17/100 Poor
-6.5%low -34.3% 1 yr Net cash 16% First Majestic Silver: A Better Miner After Los Gatos, No Longer a Cheap OneJul 3, 2026 · Hold FY2025
28 Norwegian Cruise Line Holdings Ltd NCLH · US $8.5B
6/100 Poor
-339.5%low -3309.3% 3 yr 6.5× 11% Norwegian Cruise Line Holdings: A Deep Value StudyMay 31, 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.