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. score tier "弱い"、market cap "Large $10–200B"、No report yetで絞り込み：88 match(絞り込みを解除)。

#	銘柄	Mkt Cap	Score▼	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	レポート	FY
1	Ferrovial SE FER · 米国株	$47B	34/100 弱い	11.3%low -13.3%	5 yr	1.1×	98%	—	FY2025
2	Hyosung Heavy Industries Corp 298040 · 韓国株	$24B	34/100 弱い	6.3%low -2.5%	5 yr	—	14%	—	FY2025
3	Plains All American Pipeline LP PAA · 米国株	$17B	34/100 弱い	7.1%low -26.6%	5 yr	0.7×	5%	—	FY2025
4	Api Group Corp APG · 米国株	$17B	34/100 弱い	4.5%low -9.8%	5 yr	0.6×	25%	—	FY2025
5	MGM Resorts International MGM · 米国株	$12B	34/100 弱い	17.6%low -15.9%	5 yr	22.3×	44%	—	FY2025
6	Uber Technologies Inc UBER · 米国株	$143B	33/100 弱い	-15.4%low -124.5%	3 yr	0.2×	44%	—	FY2025
7	Williams Companies Inc WMB · 米国株	$87B	33/100 弱い	11.6%low -9.1%	7 yr	2.3×	52%	—	FY2025
8	Piotech Inc. A 688072 · 上海	$27B	33/100 弱い	7.7%low -2.4%	5 yr	—	40%	—	FY2025
9	MACOM Technology Solutions Holdings Inc MTSI · 米国株	$19B	33/100 弱い	-10.8%low -123.2%	0 yr	Net cash	48%	—	FY2025
10	Aramark Holdings ARMK · 米国株	$15B	33/100 弱い	8.4%low -16.9%	4 yr	1.6×	9%	—	FY2025
11	TotalEnergies SE TTE · パリ	$183B	32/100 弱い	10.3%low -7.0%	5 yr	0.3×	27%	—	FY2025
12	Robinhood Markets Inc HOOD · 米国株	$78B	32/100 弱い	-7.0%low -50.6%	2 yr	0.5×	75%	—	FY2025
13	Kuaishou Technology 1024 · 香港株	$24B	32/100 弱い	-108.0%^‡low -585.3%	3 yr	Net cash	43%	—	FY2025
14	Subsea 7 S.A. SUBC · OL	$10B	32/100 弱い	0.7%low -26.1%	5 yr	0.1×	11%	—	FY2025
15	ConocoPhillips COP · 米国株	$147B	31/100 弱い	12.3%low -10.3%	5 yr	0.3×	21%	—	FY2025
16	Entergy Corporation ETR · 米国株	$50B	31/100 弱い	8.4%low -6.8%	9 yr	1.7×	37%	—	FY2025
17	Ferrovial S.A. FER · MC	$44B	31/100 弱い	9.9%low -13.3%	5 yr	1.1×	22%	—	FY2025
18	Halliburton Company HAL · 米国株	$27B	31/100 弱い	-1.7%low -61.4%	5 yr	0.6×	21%	—	FY2025
19	Expand Energy Corporation EXE · 米国株	$22B	31/100 弱い	20.9%low -7.1%	1 yr	0.2×	27%	—	FY2025
20	Airtel Africa Plc AAF · LSE	$15B	31/100 弱い	12.0%low -7.6%	2 yr	1.3×	63%	—	FY2026
21	Repsol S.A. REP · MC	$31B	30/100 弱い	4.3%low -16.2%	5 yr	0.3×	17%	—	FY2025
22	United Utilities Group PLC UU · LSE	$13B	30/100 弱い	10.9%low -1.9%	4 yr	4.3×	69%	—	FY2026
23	Alamos Gold Inc AGI · 米国株	$12B	30/100 弱い	4.0%low -2.8%	4 yr	Net cash	29%	—	FY2025
24	Argen-X ARGX · BR	$50B	29/100 弱い	-12.1%low -36.3%	2 yr	Net cash	16%	—	FY2025
25	Edison International EIX · 米国株	$28B	29/100 弱い	8.8%low -2.9%	7 yr	2.4×	40%	—	FY2025
26	AT&T Inc. T · 米国株	$159B	28/100 弱い	9.4%low -8.7%	3 yr	1.4×	44%	—	FY2025
27	Newmont Goldcorp Corp NEM · 米国株	$99B	28/100 弱い	5.4%low -8.7%	2 yr	Net cash	25%	—	FY2025
28	Constellation Energy Corp CEG · 米国株	$94B	28/100 弱い	9.6%low -1.8%	3 yr	0.4×	23%	—	FY2025
29	Hygon Information Technology Co. Ltd. A 688041 · 上海	$90B	28/100 弱い	6.3%low -0.8%	5 yr	—	57%	—	FY2025
30	Hyundai Electric & Energy Systems Co Ltd 267260 · 韓国株	$26B	28/100 弱い	5.0%low -37.8%	4 yr	—	18%	—	FY2025
31	LATAM Airlines Group S.A. LTM · 米国株	$15B	28/100 弱い	32.1%low 1.7%	4 yr	4.4×	19%	—	FY2025
32	DigitalOcean Holdings Inc DOCN · 米国株	$14B	28/100 弱い	-6.0%^‡low -58.0%	3 yr	—	58%	—	FY2025
33	Bristol-Myers Squibb Company BMY · 米国株	$133B	27/100 弱い	10.5%low -54.8%	1 yr	2.0×	63%	—	FY2025
34	Cheniere Energy Inc LNG · 米国株	$54B	27/100 弱い	14.8%^‡low -3.0%	4 yr	3.4×	31%	—	FY2025
35	Samsung Biologics Co Ltd 207940 · 韓国株	$46B	27/100 弱い	6.8%low -4.3%	8 yr	—	38%	—	FY2025
36	Kinross Gold Corporation KGC · 米国株	$28B	27/100 弱い	8.3%low -10.4%	3 yr	Net cash	29%	—	FY2025
37	Alcoa Corp AA · 米国株	$12B	27/100 弱い	-1.9%low -27.4%	2 yr	0.2×	13%	—	FY2025
38	Live Nation Entertainment Inc LYV · 米国株	$41B	26/100 弱い	-127.0%low -1243.4%	4 yr	1.8×	26%	—	FY2025
39	AngloGold Ashanti plc AU · 米国株	$40B	26/100 弱い	10.5%low -6.3%	2 yr	Net cash	29%	—	FY2025
40	Muyuan Foodstuff Co Ltd 002714 · 深圳	$32B	26/100 弱い	21.4%low -6.8%	2 yr	0.8×	26%	—	FY2025
41	Naturgy Energy Group SA NTGY · MC	$29B	26/100 弱い	11.0%low -25.8%	5 yr	1.3×	29%	—	FY2025
42	Carpenter Technology Corporation CRS · 米国株	$26B	26/100 弱い	6.7%low -16.5%	4 yr	0.1×	17%	—	FY2026
43	Dollar Tree Inc DLTR · 米国株	$24B	26/100 弱い	2.4%low -76.2%	1 yr	1.7×	33%	—	FY2026
44	Host Hotels & Resorts Inc HST · 米国株	$17B	26/100 弱い	7.6%low -11.6%	4 yr	0.7×	45%	—	FY2025
45	KGHM Polska Miedz SA KGH · WAR	$17B	26/100 弱い	5.1%low -27.7%	2 yr	0.2×	18%	—	FY2025
46	Chongqing Sokon Ind Grp Co 601127 · 上海	$15B	26/100 弱い	-1.7%low -33.9%	2 yr	Net cash	16%	—	FY2025
47	Hudbay Minerals Inc. HBM · 米国株	$10B	26/100 弱い	-0.7%low -18.6%	4 yr	0.2×	20%	—	FY2025
48	Freeport-McMoran Copper & Gold Inc FCX · 米国株	$91B	25/100 弱い	7.3%low -65.4%	6 yr	0.4×	25%	—	FY2025
49	Allegheny Technologies Incorporated ATI · 米国株	$26B	25/100 弱い	-20.0%low -301.8%	5 yr	0.8×	15%	—	FY2025
50	Telia Company AB TELIA · ST	$19B	25/100 弱い	0.2%low -35.8%	3 yr	1.8×	39%	—	FY2025
51	Huazhu Group Ltd HTHT · 米国株	$13B	25/100 弱い	12.3%low -20.8%	3 yr	1.6×	27%	—	FY2025
52	Getlink SE GET · パリ	$11B	25/100 弱い	5.2%low -17.4%	4 yr	1.3×	44%	—	FY2025
53	DELTON 1989 · 香港株	$11B	25/100 弱い	7.2%low -17.3%	3 yr	0.2×	51%	—	FY2026
54	Energy Transfer LP ET · 米国株	$70B	24/100 弱い	9.6%low -3.5%	5 yr	2.0×	19%	—	FY2025
55	First Solar Inc FSLR · 米国株	$23B	24/100 弱い	4.8%low -8.0%	3 yr	Net cash	25%	—	FY2025
56	Sands China Ltd 1928 · 香港株	$15B	24/100 弱い	8.9%low -118.0%	3 yr	4.0×	67%	—	FY2025
57	Eversource Energy ES · 米国株	$27B	23/100 弱い	7.1%low -3.1%	2 yr	1.9×	44%	—	FY2025
58	Shenzhen Longsys Electronics Co. Ltd. A 301308 · 深圳	$19B	23/100 弱い	6.9%low -13.7%	2 yr	—	15%	—	FY2025
59	Pan American Silver Corp. PAAS · 米国株	$18B	23/100 弱い	3.0%low -15.5%	2 yr	Net cash	19%	—	FY2025
60	COSCO Shipping Energy Transportation Co Ltd 600026 · 上海	$13B	23/100 弱い	3.9%low -17.4%	4 yr	0.5×	22%	—	FY2025
61	Antero Resources Corp AR · 米国株	$11B	23/100 弱い	0.1%low -20.8%	4 yr	0.7×	18%	—	FY2025
62	Shengyi Electronics Co. Ltd. A 688183 · 上海	$11B	23/100 弱い	13.6%low -0.6%	2 yr	—	24%	—	FY2025
63	Public Service Enterprise Group Inc PEG · 米国株	$38B	22/100 弱い	9.4%low -4.5%	4 yr	1.4×	38%	—	FY2025
64	EQT Corporation EQT · 米国株	$33B	22/100 弱い	-1.1%low -20.5%	4 yr	0.3×	43%	—	FY2025
65	Engie S.A. ENGI · パリ	$74B	21/100 弱い	4.1%low -6.9%	5 yr	1.2×	23%	—	FY2025
66	Southwest Airlines Company LUV · 米国株	$22B	21/100 弱い	10.3%low -34.6%	5 yr	0.3×	19%	—	FY2025
67	Coeur Mining Inc CDE · 米国株	$15B	21/100 弱い	-4.6%low -51.2%	2 yr	Net cash	31%	—	FY2025
68	APA Corporation APA · 米国株	$13B	21/100 弱い	6.3%low -108.0%	5 yr	0.7×	38%	—	FY2025
69	Devon Energy Corporation DVN · 米国株	$52B	20/100 弱い	9.0%low -88.8%	5 yr	0.5×	23%	—	FY2025
70	Millicom International Cellular SA TIGO · 米国株	$16B	20/100 弱い	5.2%low -16.7%	2 yr	2.2×	49%	—	FY2025
71	Endeavour Mining Corp EDV · LSE	$11B	20/100 弱い	-5.4%low -22.8%	1 yr	0.1×	36%	—	FY2025
72	Dutch Bros Inc BROS · 米国株	$11B	19/100 弱い	6.5%low -13.4%	3 yr	1.2×	30%	—	FY2025
73	Delta Air Lines Inc DAL · 米国株	$58B	18/100 弱い	-57.2%low -807.4%	5 yr	0.8×	19%	—	FY2025
74	Korea Electric Power Corp 015760 · 韓国株	$18B	18/100 弱い	-4.7%low -60.3%	2 yr	—	3%	—	FY2025
75	Shandong Gold Mining Co Ltd 600547 · 上海	$17B	18/100 弱い	7.0%low -0.7%	4 yr	2.2×	13%	—	FY2025
76	Aeroports de Paris SA ADP · パリ	$13B	17/100 弱い	5.2%low -32.0%	4 yr	1.9×	46%	—	FY2025
77	Deutsche Lufthansa AG LHA · XETRA	$12B	17/100 弱い	-41.4%low -499.3%	4 yr	0.5×	6%	—	FY2025
78	Vistra Corp. VST · 米国株	$50B	16/100 弱い	12.9%low -25.0%	3 yr	3.8×	22%	—	FY2025
79	International Consolidated Airlines Group S.A IAG · LSE	$24B	16/100 弱い	-57.7%low -529.4%	4 yr	0.8×	10%	—	FY2025
80	Datang International Power Generation Co Ltd Class A 601991 · 上海	$15B	15/100 弱い	2.3%low -14.6%	3 yr	7.0×	14%	—	FY2025
81	Targa Resources Inc TRGP · 米国株	$58B	14/100 弱い	12.0%low -58.6%	5 yr	5.7×	14%	—	FY2025
82	United Airlines Holdings Inc UAL · 米国株	$39B	13/100 弱い	2.6%low -118.6%	4 yr	1.2×	24%	—	FY2025
83	Life Time Group Holdings Inc LTH · 米国株	$10B	13/100 弱い	-4.2%low -27.7%	3 yr	2.1×	42%	—	FY2025
84	Korea Electric Power Corp ADR KEP · 米国株	$16B	10/100 弱い	-4.4%low -58.3%	2 yr	2.6×	3%	—	FY2025
85	Royal Caribbean Cruises Ltd RCL · 米国株	$85B	7/100 弱い	-6.7%low -103.4%	3 yr	2.2×	23%	—	FY2025
86	FTAI Aviation Ltd. FTAI · 米国株	$21B	7/100 弱い	-89.4%low -1023.5%	3 yr	9.4×	26%	—	FY2025
87	Carnival Corporation CCL · 米国株	$38B	6/100 弱い	-12.4%low -86.3%	2 yr	2.1×	7%	—	FY2025
88	Carnival PLC CCL · LSE	$34B	6/100 弱い	-12.4%low -86.3%	2 yr	2.1×	7%	—	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.