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 "やや弱い"、market "Europe (incl. UK)"、profit streak "Full 10 yr"で絞り込み:11 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 Rubis SCA RUI · パリ $3.7B
48/100 やや弱い
11.8%low 9.6% 10 yr+ 0.5× 20% FY2025
2 Iberdrola S.A. IBE · MC $149B
45/100 やや弱い
9.8%low 7.3% 10 yr+ 1.1× 46% FY2025
3 Yara International ASA YAR · OL $12B
45/100 やや弱い
8.6%low 0.2% 10 yr+ 0.5× 26% FY2025
4 Antofagasta PLC ANTO · LSE $46B
44/100 やや弱い
9.7%low 1.8% 10 yr+ 0.3× 45% FY2025
5 Orange S.A. ORA · パリ $48B
43/100 やや弱い
7.6%low 0.9% 10 yr+ 1.4× 36% FY2025
6 Veolia Environnement VE SA VIE · パリ $27B
43/100 やや弱い
9.4%low 1.2% 10 yr+ 1.7× 17% FY2025
7 Ackermans & Van Haaren NV ACKB · BR $9.5B
43/100 やや弱い
9.8%low 6.5% 10 yr+ 1.5× 28% FY2025
8 Elis SA ELIS · パリ $5.7B
42/100 やや弱い
5.4%low 0.1% 10 yr+ 1.0× 36% FY2025
9 Aker BP ASA AKRBP · OL $23B
41/100 やや弱い
10.9%low 1.2% 10 yr+ 0.4× 59% FY2025
10 Storebrand ASA STB · OL $9.1B
39/100 やや弱い
10.0%low 6.2% 10 yr+ 0.8× 17% FY2025
11 Metlen Energy & Metals PLC MTLN · LSE $7.1B
38/100 やや弱い
12.9%low 3.5% 10 yr+ 1.0× 16% 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.