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 "최상위", market cap "Large $10–200B", No report yet 필터 적용: 43 match(필터 지우기).

#	종목	Mkt Cap	Score▼	Baillie	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	리포트	FY
1	NetEase Inc 9999 · 홍콩	$85B	92/100 최상위	—	22.0%low 13.6%	10 yr+	Net cash	57%	—	FY2025
2	Deutsche Börse AG DB1 · XETRA	$51B	92/100 최상위	—	18.7%low 16.8%	10 yr+	Net cash	59%	—	FY2025
3	Foshan Haitian Flavouring and Food Co Ltd 603288 · 상하이	$31B	92/100 최상위	—	26.3%low 17.0%	10 yr+	Net cash	41%	—	FY2025
4	SEI Investments Company SEIC · 미국	$12B	92/100 최상위	—	27.0%low 21.7%	10 yr+	Net cash	60%	—	FY2025
5	Adyen NV ADYEN · 암스테르담	$30B	91/100 최상위	—	23.4%low 18.3%	10 yr+	Net cash	72%	—	FY2025
6	Gongniu Group Co Ltd 603195 · 상하이	$11B	91/100 최상위	—	36.5%low 24.2%	10 yr+	Net cash	41%	—	FY2025
7	Evercore Partners Inc EVR · 미국	$12B	90/100 최상위	—	28.4%low 13.7%	10 yr+	Net cash	99%	—	FY2025
8	Orion Oyj B ORNBV · HE	$12B	90/100 최상위	—	33.1%low 24.4%	10 yr+	0.1×	60%	—	FY2025
9	Schindler Ps SCHP · SW	$35B	89/100 최상위	—	21.3%low 14.1%	10 yr+	Net cash	40%	—	FY2025
10	Midea Group Co., Ltd. 0300 · 홍콩	$97B	88/100 최상위	—	22.1%low 17.8%	10 yr+	Net cash	26%	—	FY2025
11	Hangzhou Hikvision Digital Technology Co Ltd 002415 · 선전	$48B	88/100 최상위	—	23.9%low 14.8%	10 yr+	Net cash	49%	—	FY2025
12	EMS-CHEMIE HOLDING AG EMSN · SW	$24B	88/100 최상위	—	29.1%low 25.1%	10 yr+	Net cash	39%	—	FY2025
13	Inner Mongolia Yili Industrial Group Co Ltd 600887 · 상하이	$24B	88/100 최상위	—	21.5%low 15.9%	10 yr+	Net cash	34%	—	FY2025
14	Gree Electric Appliances Inc of Zhuhai 000651 · 선전	$33B	87/100 최상위	—	24.9%low 19.3%	10 yr+	Net cash	29%	—	FY2025
15	Geberit AG GEBN · SW	$22B	87/100 최상위	—	38.1%low 28.7%	10 yr+	0.5×	69%	—	FY2025
16	Coloplast A/S COLO-B · CO	$15B	87/100 최상위	—	48.7%low 22.6%	10 yr+	1.3×	68%	—	FY2025
17	Henan Shuanghui Investment & Development Co Ltd 000895 · 선전	$13B	87/100 최상위	—	27.6%low 21.3%	10 yr+	Net cash	17%	—	FY2025
18	Sage Group PLC SGE · LSE	$11B	87/100 최상위	—	24.2%low 15.0%	10 yr+	1.7×	89%	—	FY2025
19	Anker Innovations Technology Co Ltd 300866 · 선전	$10B	87/100 최상위	—	26.6%low 15.9%	10 yr+	Net cash	45%	—	FY2025
20	General Dynamics Corporation GD · 미국	$104B	86/100 최상위	39/100	20.9%low 15.6%	10 yr+	0.3×	17%	—	FY2025
21	Cognizant Technology Solutions Corp Class A CTSH · 미국	$26B	86/100 최상위	39/100	15.9%low 12.8%	10 yr+	Net cash	37%	—	FY2025
22	Donaldson Company Inc DCI · 미국	$11B	86/100 최상위	—	26.4%low 21.0%	10 yr+	0.3×	34%	—	FY2025
23	Ferrari NV RACE · 미국	$69B	85/100 최상위	—	45.1%low 27.8%	10 yr+	0.4×	51%	—	FY2025
24	Halma PLC HLMA · LSE	$17B	85/100 최상위	—	16.7%low 14.7%	10 yr+	0.4×	49%	—	FY2026
25	Wolters Kluwer N.V. WKL · 암스테르담	$16B	85/100 최상위	—	39.3%low 18.7%	10 yr+	5.3×	70%	—	FY2025
26	Logitech International S.A. LOGN · SW	$15B	85/100 최상위	—	26.9%low 16.1%	10 yr+	Net cash	40%	—	FY2026
27	Logitech International SA LOGI · 미국	$15B	85/100 최상위	—	27.0%low 16.1%	10 yr+	Net cash	40%	—	FY2026
28	Hong Kong Exchange and Clearing Ltd 0388 · 홍콩	$66B	84/100 최상위	—	22.9%low 17.9%	10 yr+	Net cash	78%	—	FY2025
29	Relx PLC REL · LSE	$58B	84/100 최상위	—	54.4%low 43.3%	10 yr+	3.0×	65%	—	FY2025
30	Legrand SA LR · 파리	$37B	84/100 최상위	—	16.0%low 13.9%	10 yr+	0.6×	52%	—	FY2025
31	Sonova H Ag SOON · SW	$17B	84/100 최상위	—	21.5%low 16.3%	10 yr+	0.4×	71%	—	FY2026
32	Euronext N.V. ENX · 파리	$16B	84/100 최상위	—	21.4%low 11.2%	10 yr+	0.4×	76%	—	FY2025
33	Ferguson Plc FERG · LSE	$43B	83/100 최상위	—	30.0%low 22.0%	10 yr+	0.9×	30%	—	FY2025
34	Luzhou Lao Jiao Co Ltd 000568 · 선전	$19B	83/100 최상위	—	24.6%low 16.9%	10 yr+	Net cash	81%	—	FY2025
35	Lincoln Electric Holdings Inc LECO · 미국	$14B	83/100 최상위	—	33.9%low 26.1%	10 yr+	0.7×	34%	—	FY2025
36	Experian PLC EXPN · LSE	$31B	82/100 최상위	—	27.3%low 20.1%	10 yr+	0.9×	42%	—	FY2026
37	Avic Shenyang Aircraft Co Ltd 600760 · 상하이	$17B	82/100 최상위	—	19.2%low 9.5%	10 yr+	Net cash	10%	—	FY2025
38	CGI Inc GIB · 미국	$15B	82/100 최상위	—	18.2%low 16.1%	10 yr+	0.4×	17%	—	FY2025
39	Haier Smart Home Co Ltd 6690 · 홍콩	$27B	81/100 최상위	—	18.0%low 13.3%	10 yr+	0.1×	30%	—	FY2025
40	Knorr-Bremse AG KBX · XETRA	$18B	81/100 최상위	—	25.5%low 14.6%	10 yr+	0.4×	49%	—	FY2025
41	Evolution AB (publ) EVO · ST	$15B	80/100 최상위	—	34.7%low 10.4%	10 yr+	Net cash	100%	—	FY2025
42	Schroders PLC SDR · LSE	$12B	80/100 최상위	—	12.9%low 9.2%	10 yr+	Net cash	77%	—	FY2025
43	Watts Water Technologies Inc WTS · 미국	$12B	80/100 최상위	—	14.3%low 8.8%	10 yr+	Net cash	44%	—	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.