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 "US"、market cap "Mid $2–10B"、Has reportで絞り込み：49 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 Federated Investors Inc B FHI · 米国株 $4.6B
96/100 卓越
40/100 28.6%low 22.9% 10 yr+ Net cash 68% Federated Hermes: A Durable Cash Franchise Priced for Today's Rates, Not the Next Zero2026年8月16日 · Hold FY2025
2 Paycom Software, Inc. PAYC · 米国株 $7.6B
95/100 卓越
47/100 28.8%low 21.9% 10 yr+ Net cash 84% Paycom Software: Has Automation Repaired the Growth Engine, and Is That Already Priced?2026年8月7日 · Hold FY2025
3 WD-40 Company WDFC · 米国株 $3.0B
95/100 卓越
43/100 36.0%low 30.2% 10 yr+ 0.1× 54% WD-40 Company: A Seven-Decade Brand, a Borrowed Quarter, and No Margin of Safety2026年8月17日 · Hold FY2025
4 National Beverage Corp FIZZ · 米国株 $3.0B
95/100 卓越
39/100 41.0%low 28.7% 10 yr+ Net cash 37% National Beverage: A Cash-Rich LaCroix Franchise Where Price, Not Volume, Carried the Year2026年8月17日 · Hold FY2026
5 Exponent Inc EXPO · 米国株 $3.2B
94/100 卓越
46/100 26.7%low 22.8% 10 yr+ Net cash 60% Exponent: A PhD-Dense Expert Franchise Whose Reacceleration Is Real but Already Priced2026年8月17日 · Hold FY2025
6 FactSet Research Systems Inc FDS · 米国株 $9.4B
92/100 卓越
45/100 40.4%low 27.3% 10 yr+ 0.6× 53% FactSet Research Systems Deep Value Investment Research2026年5月31日 · Cautious Buy FY2025
7 Smith AO Corporation AOS · 米国株 $8.2B
91/100 卓越
41/100 23.4%low 13.5% 10 yr+ Net cash 39% A. O. Smith Water Heaters & Water Treatment Deep Dive2026年5月23日 · Watch FY2025
8 Robert Half International Inc RHI · 米国株 $3.8B
88/100 卓越
33/100 30.4%low 10.4% 10 yr+ Net cash 41% Robert Half: Staffing Turned, Protiviti Collapsed to a 2.1% Margin, and 43.22 USD Leaves No Margin of Safety2026年8月15日 · Hold FY2025
9 Allison Transmission Holdings Inc ALSN · 米国株 $9.6B
84/100 卓越
43/100 49.2%low 19.9% 10 yr+ 0.8× 49% Allison Transmission: A Reassessment During the Integration Phase2026年5月28日 · Hold FY2025
10 Houlihan Lokey Inc HLI · 米国株 $8.8B
83/100 卓越
41/100 19.2%low 14.8% 10 yr+ Net cash 43% Houlihan Lokey: Deal Count Held, Fee Density Did Not, and the Restructuring Hedge Is Dormant2026年8月19日 · Hold FY2026
11 NewMarket Corporation NEU · 米国株 $7.8B
82/100 卓越
45/100 35.6%low 23.5% 10 yr+ 0.5× 28% NewMarket Corporation: The Cash Cow, the Rocket-Propellant Option, and What the Market Now Prices2026年8月19日 · Hold FY2025
12 Simpson Manufacturing Company Inc SSD · 米国株 $7.8B
81/100 卓越
44/100 17.2%low 10.4% 10 yr+ 0.1× 46% Simpson Manufacturing: A Genuine Specification Moat, but Guidance Implies Second-Half Margin Drops From 25.2% to About 17%2026年8月19日 · Hold FY2025
13 Sprouts Farmers Market LLC SFM · 米国株 $8.1B
78/100 優良
40/100 26.7%low 18.5% 10 yr+ 1.2× 36% Sprouts Farmers Market: A 38.7% Gross Margin and USD 3.8m Boxes Against -1.0% Comps, With USD 73.46 at 13.7x Normalized 2026 Earnings2026年9月16日 · Cautious Buy FY2025
14 Pool Corporation POOL · 米国株 $6.7B
78/100 優良
44/100 52.6%low 34.1% 10 yr+ 1.2× 30% Pool Corporation Value Investment Deep-Dive Report2026年5月31日 · Watch FY2025
15 Trade Desk Inc TTD · 米国株 $8.5B
76/100 優良
45/100 14.8%low 2.5% 10 yr+ Net cash 79% The Trade Desk: A Long-Term Owner's Deep-Dive2026年5月31日 · Watch FY2025
16 Booz Allen Hamilton Holding BAH · 米国株 $8.4B
76/100 優良
37/100 52.2%low 27.4% 10 yr+ 3.1× 51% Booz Allen Hamilton: The 130 Basis Point Margin Jump and the 39.48 Billion Dollar Backlog Are Both Smaller Than They Look, and 69.72 Dollars Sits Above Conservative Value2026年8月1日 · Hold FY2026
17 Nice Ltd ADR NICE · 米国株 $5.8B
75/100 優良
49/100 9.4%low 7.1% 10 yr+ Net cash 67% NICE Ltd: A Good Software Business Still Waiting for Proof That AI Adds More Than It Substitutes2026年7月22日 · Watch FY2025
18 Campbell’s Co CPB · 米国株 $6.6B
74/100 優良
33/100 29.8%low 14.9% 10 yr+ 1.8× 34% The Campbell's Company: A Value-Investing Deep Dive2026年5月31日 · Watch FY2025
19 Federal Signal Corporation FSS · 米国株 $7.6B
73/100 優良
42/100 15.2%low 11.1% 10 yr+ 0.4× 26% Federal Signal Corporation: 70% of Q2's Incremental Sales Came From Acquisitions, Organic Growth Was 6%, and 115.33 USD Sits 9% Above the 106 USD Conservative Ceiling2026年9月17日 · Hold FY2025
20 EPAM Systems Inc EPAM · 米国株 $5.5B
73/100 優良
30/100 14.0%low 7.5% 10 yr+ Net cash 33% EPAM Systems: A Value Investing Deep Dive2026年5月31日 · Cautious Buy FY2025
21 FTI Consulting Inc FCN · 米国株 $4.4B
72/100 優良
39/100 12.8%low 7.1% 10 yr+ 0.2× 33% FTI Consulting: An Expert Franchise Still Raising Prices, Now Carrying Idle Capacity and Borrowed Buybacks2026年8月19日 · Hold FY2025
22 AptarGroup Inc ATR · 米国株 $8.5B
70/100 優良
38/100 14.1%low 11.6% 10 yr+ 0.4× 35% AptarGroup: Pharma Carries the Profit, the Price Leaves No Cushion2026年8月26日 · Hold FY2025
23 Science Applications International Corporation Common Stock SAIC · 米国株 $5.0B
70/100 優良
31/100 24.3%low 9.1% 10 yr+ 1.7× 11% SAIC: Margins and Buybacks Lift Owner Earnings to an 8.7% Yield, but a 1.0x Trailing Book-to-Bill Leaves $127.28 Above Conservative Value2026年8月26日 · Hold FY2026
24 InterDigital Inc IDCC · 米国株 $7.9B
69/100 優良
38/100 21.2%low 2.7% 10 yr+ Net cash 74% InterDigital, Inc.: ARR Hit a Record 625.7 Million but 103.7 Million of Q2 Revenue Was Catch-Up, and 326.08 USD Sits 42% Above the 230 USD Conservative Ceiling2026年9月16日 · Hold FY2025
25 MSA Safety MSA · 米国株 $7.3B
69/100 優良
44/100 14.7%low 2.6% 10 yr+ 0.3× 45% MSA Safety: Adjusted Operating Margin Reached 24.1% on 3.2% Organic Growth, 744 Million USD Went Into Two Detection Acquisitions in Fourteen Months, and 179.82 USD Sits 50% Above the 120 USD Ideal Buy Ceiling2026年9月17日 · Hold FY2025
26 Valmont Industries Inc VMI · 米国株 $9.4B
68/100 優良
41/100 14.7%low 8.9% 10 yr+ 0.5× 27% Valmont: A 33.9% Utility Surge and 0.93x Leverage Justify the Rerating, but $472.43 Still Underwrites the 2029 Margin Plan With No Conservative-Case Margin of Safety2026年9月18日 · Hold FY2025
27 AutoNation Inc AN · 米国株 $7.1B
68/100 優良
39/100 29.7%low 11.8% 10 yr+ 4.3× 17% AutoNation: 78.3% of Q2 Gross Profit Comes From After-Sales and F&I, but $201.25 Offers No Margin of Safety2026年9月1日 · Hold FY2025
28 Timken Company TKR · 米国株 $9.6B
65/100 優良
38/100 14.8%low 9.1% 10 yr+ 0.6× 36% Timken: The Margin Transition Is Real, but the Price Already Assumes It's Finished2026年7月8日 · Hold FY2025
29 Centrus Energy Corp. LEU · 米国株 $3.5B
65/100 優良
42/100 60.0%‡low 60.0% 6 yr Net cash 25% Centrus Energy Zen Horizon Framework Deep-Dive Research2026年6月6日 · Watch FY2025
30 MYR Group Inc MYRG · 米国株 $5.2B
61/100 標準
44/100 11.7%low 5.0% 10 yr+ Net cash 11% MYR Group: A Record 20.1% Organic Quarter and a 3.16 Billion Backlog, Already Priced at 32 Times Trailing Earnings2026年8月8日 · Hold FY2025
31 Stonex Group Inc SNEX · 米国株 $9.3B
57/100 標準
43/100 19.0%low 1.4% 10 yr+ 7.1× 1% StoneX Group: Two 3-for-2 Splits in One Fiscal Year Break the EPS Series, RJO Lifts Q3 Net Income 102%, and 200bp of Rate Cuts Would Take $0.76 Off $4.19 Trailing EPS2026年9月16日 · Hold FY2025
32 Brinks Company BCO · 米国株 $4.9B
57/100 標準
41/100 26.3%low -20.0% 7 yr 9.6× 23% Brink's: A 9.1% Owner-Earnings Yield and 14 Straight Quarters of AMS/DRS Growth Meet a $7.3 Billion Pro-Forma Net-Debt Bet on NCR Atleos2026年9月18日 · Watch FY2025
33 Vicor Corporation VICR · 米国株 $9.6B
55/100 標準
45/100 7.1%low -4.8% 9 yr Net cash 48% Vicor: A Real Power-Delivery Specialist, Already Priced For AI's Promise2026年7月14日 · Watch FY2025
34 Sanmina Corporation SANM · 米国株 $9.9B
54/100 標準
36/100 9.2%low -6.5% 7 yr Net cash 8% Sanmina Corporation2026年7月23日 · Hold FY2025
35 FormFactor Inc FORM · 米国株 $8.3B
53/100 標準
39/100 8.0%low -1.6% 9 yr Net cash 39% FormFactor (FORM.US) Buffett Framework Deep-Dive Research2026年6月9日 · Watch FY2025
36 Qiagen NV QGEN · 米国株 $7.5B
49/100 やや弱い
42/100 7.4%low -1.6% 6 yr 0.1× 63% QIAGEN: Sticky Workflow Economics With Takeover Optionality Already in the Price2026年7月17日 · Hold FY2025
37 Aecom Technology Corporation ACM · 米国株 $8.7B
45/100 やや弱い
38/100 6.4%low -7.1% 5 yr 0.7× 5% AECOM: A 16.5% Segment Margin and 12.1x Earnings Are Genuinely Cheap, but First-Half Free Cash Flow of 15 Million Dollars Means 72.39 Dollars Only Buys the Base Case2026年8月1日 · Hold FY2025
38 Qorvo Inc QRVO · 米国株 $8.0B
40/100 やや弱い
28/100 6.1%low -2.0% 2 yr 0.1× 41% Qorvo: A Long-Term Owner's Perspective2026年6月3日 · Watch FY2026
39 Duolingo Inc DUOL · 米国株 $6.3B
40/100 やや弱い
51/100 -2.8%low -25.2% 3 yr Net cash 76% Duolingo: A Long-Term Owner's Perspective2026年5月18日 · Watch FY2025
40 TAL Education Group TAL · 米国株 $5.1B
40/100 やや弱い
45/100 2.2%low -28.4% 2 yr Net cash 53% TAL Education Group：潤沢な現金を持つ再構築企業とハードウェアの問い2026年6月18日 · ホールド FY2026
41 Oceaneering International Inc OII · 米国株 $4.9B
37/100 やや弱い
41/100 -6.0%low -89.0% 4 yr Net cash 13% Oceaneering International Zen Horizon Framework Deep Dive2026年6月7日 · Watch FY2025
42 Constellium Nv CSTM · 米国株 $3.8B
37/100 やや弱い
31/100 12.9%‡low 4.6% 5 yr 1.9× 11% Constellium: A Long-Term Value Investing Study2026年6月3日 · Watch FY2025
43 Luckin Coffee LKNCY · 米国株 $9.3B
28/100 弱い
51/100 -12.0%low -71.6% 5 yr Net cash 13% Luckin Coffee Zen Horizon Analysis: China's Coffee Leader in the Middle of a Valuation Reset2026年6月4日 · Hold FY2025
44 Osisko Gold Ro OR · 米国株 $5.7B
28/100 弱い
44/100 -1.2%low -15.7% 2 yr Net cash 62% OR Royalties: A Mid-Tier Royalty Franchise Re-Rating With Visible Growth, Priced Around Fair Value2026年6月25日 · Hold FY2025
45 Triple Flag Precious Metals Corp TFPM · 米国株 $6.0B
24/100 弱い
48/100 2.9%low -2.3% 1 yr Net cash 53% Triple Flag Precious Metals：質の高い複利成長企業、株価は十分織り込み済み2026年6月20日 · ウォッチ FY2025
46 Iridium Communications Inc IRDM · 米国株 $5.0B
24/100 弱い
48/100 5.3%low -11.1% 4 yr 3.6× 40% イリジウム：オプションプレミアムを纏うグローバルキャッシュマシン2026年6月17日 · ホールド FY2025
47 Hecla Mining Company HL · 米国株 $9.5B
21/100 弱い
38/100 0.5%low -5.6% 2 yr Net cash 22% Hecla Mining: A Cleaner, Debt-Free Silver Major Still Priced Without a Margin of Safety2026年6月29日 · Hold FY2025
48 First Majestic Silver Corp AG · 米国株 $7.7B
17/100 弱い
42/100 -6.5%low -34.3% 1 yr Net cash 16% First Majestic Silver: A Better Miner After Los Gatos, No Longer a Cheap One2026年7月3日 · Hold FY2025
49 Norwegian Cruise Line Holdings Ltd NCLH · 米国株 $8.5B
6/100 弱い
32/100 -339.5%low -3309.3% 3 yr 6.5× 11% Norwegian Cruise Line Holdings: A Deep Value Study2026年5月31日 · Watch 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.