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. market "Europe (incl. UK)"、market cap "Mid $2–10B"、Has reportで絞り込み:9 match(絞り込みを解除)。

# 銘柄 Mkt Cap Score Baillie 10Y ROE Profit Streak Net Debt/Eq Gross Margin レポート FY
1 AJ Bell plc AJB · LSE $2.9B
97/100 卓越
49/100 35.9%low 24.8% 10 yr+ Net cash 100% AJ Bell: Reconstructed FY2025 Client-Cash Interest of £136.5m Nearly Equals £137.8m Group PBT, H1 Revenue Margin Expanded to 33.4 Basis Points Instead of Compressing, and £6.18 Leaves No Margin of Safety2026年8月16日 · Hold FY2025
2 Games Workshop Group PLC GAW · LSE $8.0B
94/100 卓越
42/100 57.4%low 48.6% 10 yr+ Net cash 70% Games Workshop: An Exceptional Warhammer Compounder, Priced for Continued Excellence2026年6月26日 · Hold FY2026
3 Andritz AG ANDR · VI $8.6B
81/100 卓越
45/100 19.2%low 10.6% 10 yr+ 49% ANDRITZ: Service Reached 46% of Revenue, but the Record Backlog Is Hydro-Heavy and Margin-Dilutive2026年8月19日 · Hold FY2025
4 JD Sports Fashion PLC JD · LSE $5.4B
74/100 優良
37/100 20.6%low 6.7% 10 yr+ 0.9× 48% JD Sports Fashion plc: Cheap Cash Flow, Falling Like-for-Like Sales, and the Cost of Control2026年9月2日 · Watch FY2026
5 Valmet Oyj VALMT · HE $5.2B
70/100 優良
41/100 15.0%low 9.3% 10 yr+ 0.3× 24% Valmet Oyj: Two Businesses, One Share Price, and a Separation Thesis Already Partly Priced2026年9月2日 · Hold FY2025
6 SCHOTT Pharma AG & Co. KGaA 1SXP · XETRA $2.9B
67/100 優良
35/100 20.6%low 16.4% 6 yr 35% SCHOTT Pharma: A GLP-1 Boom Priced by the Dose, Not the Drug, and a Capacity Bill That Has Yet to Prove Its Return2026年8月6日 · Hold FY2025
7 Nexans S.A. NEX · パリ $7.6B
46/100 やや弱い
46/100 8.3%low -9.7% 6 yr 0.1× 12% Nexans: A Subsea Margin Story the Price Has Largely Absorbed2026年8月26日 · Hold FY2025
8 NKT A/S NKT · CO $8.6B
45/100 やや弱い
47/100 2.1%low -9.5% 5 yr Net cash 34% NKT: A EUR 13bn Transmission Backlog and Rising Margins, but DKK 930 Already Pays for the 2027 Factories That Are Still Being Built2026年8月26日 · Hold FY2025
9 Weir Group PLC WEIR · LSE $8.7B
43/100 やや弱い
43/100 4.7%low -23.7% 5 yr 0.7× 36% Weir PLC: 82% Aftermarket Revenue Meets 2.2x Leverage and a 15.2% ROCE, and £27.24 Already Prices the H2 Recovery2026年9月8日 · Hold 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.