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. Filtrado por score tier "Débil", market "Europe (incl. UK)", market cap "Mid $2–10B": 9 match(borrar filtros).

# Activo Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Informe FY
1 Koninklijke Vopak NV VPK · Ámsterdam $6.1B
34/100 Débil
11.6%low -5.6% 3 yr 0.8× 60% FY2025
2 Babcock International Group PLC BAB · LSE $7.0B
28/100 Débil
-68.9%low -846.5% 3 yr 0.6× 21% FY2026
3 JC Decaux SA DEC · París $5.2B
27/100 Débil
4.2%low -37.9% 4 yr 1.2× 40% FY2025
4 Flughafen Zurich FHZN · SW $9.2B
24/100 Débil
8.2%low -3.0% 4 yr 0.4× 41% FY2025
5 Centrica PLC CNA · LSE $8.9B
23/100 Débil
3.9%low -79.5% 0 yr Net cash 22% FY2025
6 Hochschild Mining plc HOC · LSE $2.9B
23/100 Débil
6.9%low -9.0% 2 yr 0.0× 31% FY2025
7 Lagardere SCA MMB · París $2.8B
23/100 Débil
0.0%low -91.0% 4 yr 5.1× 19% FY2025
8 Hammerson PLC HMSO · LSE $2.6B
17/100 Débil
-10.2%low -54.1% 1 yr 0.6× 68% FY2025
9 Air France-KLM SA AF · París $3.4B
9/100 Débil
-3.6%low -98.7% 4 yr 23% 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.