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. Filtré par score tier "Solide", market cap "Large $10–200B", Has report : 8 match(effacer les filtres).

# Titre Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Étude FY
1 Heico Corporation HEI · États-Unis $50B
78/100 Solide
15.7%low 12.8% 10 yr+ 0.5× 41% HEICO Corporation : recherche approfondie15 juin 2026 · Conserver FY2025
2 Shenzhen Inovance Tech 300124 · Shenzhen $24B
76/100 Solide
18.2%low 11.0% 10 yr+ Net cash 37% Recherche approfondie sur Inovance Technology15 juin 2026 · Conserver FY2025
3 Intertek Group PLC ITRK · LSE $11B
75/100 Solide
30.4%low 22.5% 10 yr+ 1.2× 32% Intertek : un compositeur de qualité sous offre de rachat17 juin 2026 · Conserver FY2025
4 SGS SA SGSN · SW $24B
74/100 Solide
48.5%low 30.6% 10 yr+ 3.3× 48% SGS : un compounder TIC de grande qualité à pleine valeur17 juin 2026 · Conserver FY2025
5 Sungrow Power Supply Co Ltd 300274 · Shenzhen $30B
72/100 Solide
18.6%low 9.3% 10 yr+ Net cash 25% Sungrow Power Supply : une croissance de haute qualité dans une enveloppe cyclique27 juin 2026 · Conserver FY2025
6 Toll Brothers Inc TOL · États-Unis $14B
71/100 Solide
15.1%low 9.0% 10 yr+ 0.2× 23% Recherche approfondie sur Toll Brothers15 juin 2026 · Conserver FY2025
7 Bureau Veritas SA BVI · Paris $13B
70/100 Solide
27.2%low 10.1% 10 yr+ 1.0× 30% Bureau Veritas : un TIC de qualité, valorisé pour une réaccélération17 juin 2026 · Conserver FY2025
8 New York Times Company NYT · États-Unis $12B
69/100 Solide
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

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.