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 "약함", market cap "Large $10–200B", No report yet 필터 적용: 45 match(필터 지우기).

#	종목	Mkt Cap	Score▼	Baillie	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	리포트	FY
1	Plains All American Pipeline LP PAA · 미국	$17B	34/100 약함	—	7.1%low -26.6%	5 yr	0.7×	5%	—	FY2025
2	Api Group Corp APG · 미국	$17B	34/100 약함	—	4.5%low -9.8%	5 yr	0.6×	25%	—	FY2025
3	Piotech Inc. A 688072 · 상하이	$27B	33/100 약함	—	7.7%low -2.4%	5 yr	—	40%	—	FY2025
4	Aramark Holdings ARMK · 미국	$15B	33/100 약함	—	8.4%low -16.9%	4 yr	1.6×	9%	—	FY2025
5	Ferrovial S.A. FER · MC	$44B	31/100 약함	—	9.9%low -13.3%	5 yr	1.1×	22%	—	FY2025
6	Airtel Africa Plc AAF · LSE	$15B	31/100 약함	—	12.0%low -7.6%	2 yr	1.3×	63%	—	FY2026
7	Repsol S.A. REP · MC	$31B	30/100 약함	—	4.3%low -16.2%	5 yr	0.3×	17%	—	FY2025
8	United Utilities Group PLC UU · LSE	$13B	30/100 약함	—	10.9%low -1.9%	4 yr	4.3×	69%	—	FY2026
9	Alamos Gold Inc AGI · 미국	$12B	30/100 약함	—	4.0%low -2.8%	4 yr	Net cash	29%	—	FY2025
10	Argen-X ARGX · BR	$50B	29/100 약함	—	-12.1%low -36.3%	2 yr	Net cash	16%	—	FY2025
11	Edison International EIX · 미국	$28B	29/100 약함	38/100	8.8%low -2.9%	7 yr	2.4×	40%	—	FY2025
12	AT&T Inc. T · 미국	$159B	28/100 약함	39/100	9.4%low -8.7%	3 yr	1.4×	44%	—	FY2025
13	Hyundai Electric & Energy Systems Co Ltd 267260 · 한국	$26B	28/100 약함	—	5.0%low -37.8%	4 yr	—	18%	—	FY2025
14	LATAM Airlines Group S.A. LTM · 미국	$15B	28/100 약함	—	32.1%low 1.7%	4 yr	4.4×	19%	—	FY2025
15	DigitalOcean Holdings Inc DOCN · 미국	$14B	28/100 약함	—	-6.0%^‡low -58.0%	3 yr	—	58%	—	FY2025
16	Alcoa Corp AA · 미국	$12B	27/100 약함	—	-1.9%low -27.4%	2 yr	0.2×	13%	—	FY2025
17	Muyuan Foodstuff Co Ltd 002714 · 선전	$32B	26/100 약함	—	21.4%low -6.8%	2 yr	0.8×	26%	—	FY2025
18	Naturgy Energy Group SA NTGY · MC	$29B	26/100 약함	—	11.0%low -25.8%	5 yr	1.3×	29%	—	FY2025
19	Dollar Tree Inc DLTR · 미국	$24B	26/100 약함	35/100	2.4%low -76.2%	1 yr	1.7×	33%	—	FY2026
20	KGHM Polska Miedz SA KGH · WAR	$17B	26/100 약함	—	5.1%low -27.7%	2 yr	0.2×	18%	—	FY2025
21	Chongqing Sokon Ind Grp Co 601127 · 상하이	$15B	26/100 약함	—	-1.7%low -33.9%	2 yr	Net cash	16%	—	FY2025
22	Hudbay Minerals Inc. HBM · 미국	$10B	26/100 약함	—	-0.7%low -18.6%	4 yr	0.2×	20%	—	FY2025
23	Telia Company AB TELIA · ST	$19B	25/100 약함	—	0.2%low -35.8%	3 yr	1.8×	39%	—	FY2025
24	Huazhu Group Ltd HTHT · 미국	$13B	25/100 약함	—	12.3%low -20.8%	3 yr	1.6×	27%	—	FY2025
25	Getlink SE GET · 파리	$11B	25/100 약함	—	5.2%low -17.4%	4 yr	1.3×	44%	—	FY2025
26	DELTON 1989 · 홍콩	$11B	25/100 약함	—	7.2%low -17.3%	3 yr	0.2×	51%	—	FY2026
27	Sands China Ltd 1928 · 홍콩	$15B	24/100 약함	—	8.9%low -118.0%	3 yr	4.0×	67%	—	FY2025
28	Shenzhen Longsys Electronics Co. Ltd. A 301308 · 선전	$19B	23/100 약함	—	6.9%low -13.7%	2 yr	—	15%	—	FY2025
29	COSCO Shipping Energy Transportation Co Ltd 600026 · 상하이	$13B	23/100 약함	—	3.9%low -17.4%	4 yr	0.5×	22%	—	FY2025
30	Antero Resources Corp AR · 미국	$11B	23/100 약함	—	0.1%low -20.8%	4 yr	0.7×	18%	—	FY2025
31	Shengyi Electronics Co. Ltd. A 688183 · 상하이	$11B	23/100 약함	—	13.6%low -0.6%	2 yr	—	24%	—	FY2025
32	Engie S.A. ENGI · 파리	$74B	21/100 약함	—	4.1%low -6.9%	5 yr	1.2×	23%	—	FY2025
33	Millicom International Cellular SA TIGO · 미국	$16B	20/100 약함	37/100	5.2%low -16.7%	2 yr	2.2×	49%	—	FY2025
34	Dutch Bros Inc BROS · 미국	$11B	19/100 약함	—	6.5%low -13.4%	3 yr	1.2×	30%	—	FY2025
35	Korea Electric Power Corp 015760 · 한국	$18B	18/100 약함	—	-4.7%low -60.3%	2 yr	—	3%	—	FY2025
36	Shandong Gold Mining Co Ltd 600547 · 상하이	$17B	18/100 약함	—	7.0%low -0.7%	4 yr	2.2×	13%	—	FY2025
37	Aeroports de Paris SA ADP · 파리	$13B	17/100 약함	—	5.2%low -32.0%	4 yr	1.9×	46%	—	FY2025
38	Deutsche Lufthansa AG LHA · XETRA	$12B	17/100 약함	—	-41.4%low -499.3%	4 yr	0.5×	6%	—	FY2025
39	International Consolidated Airlines Group S.A IAG · LSE	$24B	16/100 약함	—	-57.7%low -529.4%	4 yr	0.8×	10%	—	FY2025
40	Datang International Power Generation Co Ltd Class A 601991 · 상하이	$15B	15/100 약함	—	2.3%low -14.6%	3 yr	7.0×	14%	—	FY2025
41	United Airlines Holdings Inc UAL · 미국	$39B	13/100 약함	37/100	2.6%low -118.6%	4 yr	1.2×	24%	—	FY2025
42	Life Time Group Holdings Inc LTH · 미국	$10B	13/100 약함	—	-4.2%low -27.7%	3 yr	2.1×	42%	—	FY2025
43	Korea Electric Power Corp ADR KEP · 미국	$16B	10/100 약함	—	-4.4%low -58.3%	2 yr	2.6×	3%	—	FY2025
44	FTAI Aviation Ltd. FTAI · 미국	$21B	7/100 약함	—	-89.4%low -1023.5%	3 yr	9.4×	26%	—	FY2025
45	Carnival PLC CCL · LSE	$34B	6/100 약함	—	-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.