| 101 |
Starbucks Corporation
SBUX · États-Unis
|
$120B |
70/100
Solide
|
40/100 |
45.0%‡low 12.5% |
10 yr+ |
— |
27% |
Starbucks Corporation: A Long-Term Owner's Perspective23 mai 2026 · Watch |
FY2025 |
| 102 |
Comcast Corp
CMCSA · États-Unis
|
$85B |
70/100
Solide
|
42/100 |
17.2%low 6.6% |
10 yr+ |
1.0× |
69% |
Comcast: A Deep Value-Investing Analysis21 mai 2026 · Cautious Buy |
FY2025 |
| 103 |
Kroger Company
KR · États-Unis
|
$37B |
70/100
Solide
|
39/100 |
25.1%low 17.1% |
10 yr+ |
3.4× |
22% |
Kroger Deep Value Investment Research27 mai 2026 · Watch |
FY2026 |
| 104 |
Shaanxi Coal Industry Co Ltd
601225 · Shanghai
|
$34B |
70/100
Solide
|
31/100 |
21.6%low 8.0% |
10 yr+ |
Net cash |
38% |
Shaanxi Coal Industry: A Low-Cost Mine Base, 9.32 GW of Unfinished Power, and a 2026 Recovery Already in the Price20 août 2026 · Hold |
FY2025 |
| 105 |
Bureau Veritas SA
BVI · Paris
|
$13B |
70/100
Solide
|
47/100 |
27.2%low 10.1% |
10 yr+ |
1.0× |
30% |
Bureau Veritas : un TIC de qualité, valorisé pour une réaccélération17 juin 2026 · Conserver |
FY2025 |
| 106 |
Tsingtao Brewery Co Ltd
600600 · Shanghai
|
$11B |
70/100
Solide
|
27/100 |
11.6%low 6.4% |
10 yr+ |
Net cash |
38% |
Tsingtao Brewery: H1 Volume Fell 4.9% While Profit Held Flat on Cost Savings, and CNY51.49 Is 12% Above Conservative Value5 septembre 2026 · Hold |
FY2025 |
| 107 |
Eaton Corporation PLC
ETN · États-Unis
|
$150B |
69/100
Solide
|
46/100 |
15.3%low 9.4% |
10 yr+ |
0.5× |
40% |
Eaton: Record Orders and a Cleaner Post-Mobility Portfolio, but 42 Times Free Cash Flow Leaves No Conservative-Case Margin of Safety5 août 2026 · Hold |
FY2025 |
| 108 |
China Yangtze Power Co Ltd
600900 · Shanghai
|
$100B |
69/100
Solide
|
39/100 |
14.7%low 10.4% |
10 yr+ |
1.3× |
59% |
China Yangtze Power: Six Dams, a 70% Payout Floor, and Why 15.5x Owner Earnings Still Leaves No Margin of Safety20 août 2026 · Hold |
FY2025 |
| 109 |
Woodward Inc
WWD · États-Unis
|
$21B |
69/100
Solide
|
30/100 |
13.2%low 9.0% |
10 yr+ |
0.2× |
25% |
Woodward: A Long-Term Owner's Perspective3 juin 2026 · Watch |
FY2025 |
| 110 |
New York Times Company
NYT · États-Unis
|
$12B |
69/100
Solide
|
50/100 |
10.6%low 0.5% |
10 yr+ |
Net cash |
51% |
The New York Times : l'économie du bundle à pleine valeur17 juin 2026 · Conserver |
FY2025 |
| 111 |
Shenzhen Transsion Holdings Co Ltd
688036 · Shanghai
|
$10B |
69/100
Solide
|
41/100 |
20.3%low 3.2% |
10 yr+ |
Net cash |
21% |
Transsion Holdings: H1 Gross Margin Rebounded to 22.6% on Price Rises and Cheap Inventory, but Operating Cash Flow of Negative CNY 5.861 Billion Leaves CNY 57.82 Above the CNY 44-47 Conservative Value27 août 2026 · Hold |
FY2025 |
| 112 |
Charles Schwab Corp
SCHW · États-Unis
|
$183B |
68/100
Solide
|
44/100 |
13.7%low 5.9% |
10 yr+ |
Net cash |
90% |
Charles Schwab: A Long-Term Owner's Perspective25 mai 2026 · Watch |
FY2025 |
| 113 |
Schneider Electric S.E.
SU · Paris
|
$176B |
68/100
Solide
|
45/100 |
12.5%low 8.5% |
10 yr+ |
0.6× |
40% |
Schneider Electric (SU.PA) Zen Horizon Research Report5 juin 2026 · Watch |
FY2025 |
| 114 |
Norfolk Southern Corporation
NSC · États-Unis
|
$75B |
68/100
Solide
|
32/100 |
19.4%low 13.4% |
10 yr+ |
1.0× |
37% |
Norfolk Southern: A Deep Value Investment Analysis26 mai 2026 · Watch |
FY2025 |
| 115 |
H & M Hennes & Mauritz AB (publ)
HM-B · ST
|
$30B |
68/100
Solide
|
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 Cushion20 août 2026 · Hold |
FY2025 |
| 116 |
Pop Mart International Group Ltd
9992 · Hong Kong
|
$27B |
68/100
Solide
|
52/100 |
26.0%low 2.0% |
9 yr |
Net cash |
61% |
Pop Mart: A Deep Long-Term Value Study19 mai 2026 · Watch |
FY2025 |
| 117 |
Chow Tai Fook Jewellery Group Ltd
1929 · Hong Kong
|
$16B |
68/100
Solide
|
41/100 |
18.2%low 9.6% |
10 yr+ |
0.7× |
27% |
Chow Tai Fook Jewellery Group: A Scale Leader in Transition, Priced Around Fair Value25 juin 2026 · Hold |
FY2026 |
| 118 |
Wise Group plc Class A Ordinary Shares
WSE · États-Unis
|
$12B |
68/100
Solide
|
52/100 |
16.5%low 5.8% |
10 yr+ |
Net cash |
66% |
Wise: A Record-Low 50-Basis-Point Take Rate Still Drives 26% Volume Growth, but a Quarter of Net Revenue Is Interest and $13.04 Has No Margin of Safety31 août 2026 · Hold |
FY2026 |
| 119 |
The TJX Companies Inc
TJX · États-Unis
|
$174B |
67/100
Solide
|
43/100 |
50.0%low 1.5% |
10 yr+ |
0.7× |
29% |
TJX: A Long-Term Owner's Perspective25 mai 2026 · Watch |
FY2026 |
| 120 |
Gilead Sciences Inc
GILD · États-Unis
|
$162B |
67/100
Solide
|
47/100 |
24.9%low 0.7% |
10 yr+ |
0.6× |
82% |
Gilead Sciences In-Depth Value Investment Research22 mai 2026 · Watch |
FY2025 |
| 121 |
Compagnie Financière Richemont SA
CFR · SW
|
$143B |
67/100
Solide
|
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 Value9 septembre 2026 · Hold |
FY2026 |
| 122 |
Republic Services Inc
RSG · États-Unis
|
$65B |
67/100
Solide
|
45/100 |
14.4%low 8.0% |
10 yr+ |
0.0× |
31% |
Republic Services: An In-Depth Value Study26 mai 2026 · Watch |
FY2025 |
| 123 |
State Street Corp
STT · États-Unis
|
$51B |
67/100
Solide
|
42/100 |
9.9%low 8.2% |
10 yr+ |
Net cash |
84% |
State Street Corporation: In-Depth Value Investing Research27 mai 2026 · Watch |
FY2025 |
| 124 |
ASM International NV
ASM · Amsterdam
|
$42B |
67/100
Solide
|
45/100 |
16.8%low 6.7% |
10 yr+ |
Net cash |
47% |
ASM International Deep Value Investment Analysis4 juin 2026 · Watch |
FY2025 |
| 125 |
Lenovo Group
0992 · Hong Kong
|
$38B |
67/100
Solide
|
43/100 |
21.6%low -3.0% |
8 yr |
0.0× |
16% |
Lenovo Group (0992.HK) Zen Horizon Framework Deep-Dive Research9 juin 2026 · Watch |
FY2026 |
| 126 |
Asia Vital Components Co Ltd
3017 · Taïwan
|
$33B |
67/100
Solide
|
49/100 |
20.3%low 8.1% |
10 yr+ |
Net cash |
17% |
Asia Vital Components: Deep-Dive Research Using the Zen Horizon Framework5 juin 2026 · Watch |
FY2025 |
| 127 |
Cboe Global Markets Inc
CBOE · États-Unis
|
$32B |
67/100
Solide
|
47/100 |
19.0%low 6.8% |
10 yr+ |
Net cash |
50% |
Cboe Global Markets In-Depth Value Investment Analysis24 mai 2026 · Watch |
FY2025 |
| 128 |
Hexagon AB (publ)
HEXA-B · ST
|
$25B |
67/100
Solide
|
50/100 |
10.6%low 6.0% |
10 yr+ |
0.3× |
64% |
Hexagon AB (HEXA-B.ST) Zen Horizon Deep-Dive Research Report9 juin 2026 · Watch |
FY2025 |
| 129 |
Principal Financial Group Inc
PFG · États-Unis
|
$24B |
67/100
Solide
|
41/100 |
14.8%low 5.7% |
10 yr+ |
Net cash |
46% |
Principal Financial Group: A Long-Term Business Owner's Perspective29 mai 2026 · Watch |
FY2025 |
| 130 |
Super Micro Computer Inc
SMCI · États-Unis
|
$18B |
67/100
Solide
|
42/100 |
15.8%low 5.5% |
10 yr+ |
Net cash |
15% |
Super Micro Computer, a Zen Horizon Study: High AI-Server Torque Alongside a Governance Discount28 mai 2026 · Watch |
FY2025 |
| 131 |
Gaming & Leisure Properties
GLPI · États-Unis
|
$13B |
67/100
Solide
|
37/100 |
16.9%low 11.9% |
10 yr+ |
1.6× |
87% |
Gaming and Leisure Properties: AFFO Rose 10.1% While the Stock De-Rated to 9.8x, and PENN Still Writes 54.7% of the Rent14 septembre 2026 · Hold |
FY2025 |
| 132 |
PACCAR Inc
PCAR · États-Unis
|
$70B |
66/100
Solide
|
40/100 |
19.5%low 7.7% |
10 yr+ |
0.3× |
19% |
In-Depth Value Investing Research on PACCAR Inc22 mai 2026 · Watch |
FY2025 |
| 133 |
Cencora Inc.
COR · États-Unis
|
$61B |
66/100
Solide
|
42/100 |
50.8%low 20.1% |
5 yr |
4.2× |
3% |
Cencora Deep-Dive Value Investment Analysis27 mai 2026 · Watch |
FY2025 |
| 134 |
Danone SA
BN · Paris
|
$47B |
66/100
Solide
|
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 Safety20 août 2026 · Hold |
FY2025 |
| 135 |
Roper Technologies Inc
ROP · États-Unis
|
$39B |
66/100
Solide
|
48/100 |
10.6%low 7.4% |
10 yr+ |
0.5× |
67% |
Roper Technologies Research from a Long-Term Owner's Perspective23 mai 2026 · Cautious Buy |
FY2025 |
| 136 |
Caseys General Stores Inc
CASY · États-Unis
|
$32B |
66/100
Solide
|
42/100 |
16.9%low 14.5% |
10 yr+ |
0.6× |
23% |
Casey's General Stores In-Depth Value Investing Analysis24 mai 2026 · Watch |
FY2026 |
| 137 |
VeriSign Inc
VRSN · États-Unis
|
$26B |
66/100
Solide
|
47/100 |
— |
10 yr+ |
— |
86% |
VeriSign From a Long-Term Owner's Perspective28 mai 2026 · Watch |
FY2025 |
| 138 |
Sterling Infrastructure, Inc.
STRL · États-Unis
|
$18B |
66/100
Solide
|
44/100 |
16.9%low -8.6% |
9 yr |
Net cash |
14% |
Sterling Infrastructure: A 49% Organic Quarter, a 50% Drawdown, and Still 25 Times 2026 Earnings27 août 2026 · Hold |
FY2025 |
| 139 |
Zangge Holding Co Ltd
000408 · Shenzhen
|
$18B |
66/100
Solide
|
31/100 |
18.2%low 2.9% |
10 yr+ |
Net cash |
61% |
Zangge Mining: A Copper Associate It Does Not Control Now Drives Four-Fifths of Profit, and CNY 76.15 Already Pays for It4 septembre 2026 · Hold |
FY2025 |
| 140 |
Gartner Inc
IT · États-Unis
|
$10B |
66/100
Solide
|
49/100 |
42.4%low 0.3% |
10 yr+ |
5.9× |
66% |
Gartner Long-Term Value Investment Research31 mai 2026 · Cautious Buy |
FY2025 |
| 141 |
Hon Hai Precision Industry Co Ltd
2317 · Taïwan
|
$131B |
65/100
Solide
|
38/100 |
10.4%low 7.8% |
10 yr+ |
Net cash |
6% |
Hon Hai Precision (2317.TW) Zen Horizon Deep-Dive Research5 juin 2026 · Hold |
FY2025 |
| 142 |
McKesson Corporation
MCK · États-Unis
|
$101B |
65/100
Solide
|
44/100 |
25.5%‡low -105.3% |
5 yr |
— |
5% |
McKesson: A Long-Term Owner's Perspective26 mai 2026 · Watch |
FY2026 |
| 143 |
NXP Semiconductors NV
NXPI · États-Unis
|
$58B |
65/100
Solide
|
45/100 |
18.8%low 0.6% |
10 yr+ |
0.9× |
53% |
NXP Semiconductors NV: A Deep Dive Through the Lens of a Long-Term Business Owner22 mai 2026 · Watch |
FY2025 |
| 144 |
Coca-Cola European Partners PLC
CCEP · États-Unis
|
$48B |
65/100
Solide
|
43/100 |
15.5%low 8.3% |
10 yr+ |
1.2× |
37% |
Coca-Cola Europacific Partners: A Deep Value Investing Analysis21 mai 2026 · Watch |
FY2025 |
| 145 |
Reliance Steel & Aluminum Co
RS · États-Unis
|
$21B |
65/100
Solide
|
37/100 |
14.4%low 7.2% |
10 yr+ |
0.2× |
28% |
Reliance: Q2's 5.3-Point Industry Beat Shrinks to 0.1 Point Without the Border Wall, and $387.59 Already Sits Inside the Base-Case Band30 août 2026 · Hold |
FY2025 |