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 "Mega ≥$200B" 필터 적용: 6 match(필터 지우기).

# 종목 Mkt Cap Score Baillie 10Y ROE Profit Streak Net Debt/Eq Gross Margin 리포트 FY
1 Shell PLC ADR SHEL · 미국 $252B
27/100 약함
7.9%low -14.0% 5 yr 0.4× 11% FY2025
2 Shell plc SHEL · LSE $238B
27/100 약함
31/100 7.9%low -14.0% 5 yr 0.4× 11% Shell plc: $22.4 Billion Returned on 52% of Cash Flow, an Eight-Year Reserve Life, and No Margin of Safety at £34.102026년 8월 24일 · Hold FY2025
3 Shell PLC SHELL · 암스테르담 $237B
27/100 약함
7.9%low -13.9% 5 yr 0.4× 11% FY2025
4 SK Hynix Inc 000660 · 한국 $1.2T
24/100 약함
49/100 15.5%low -17.0% 2 yr 41% Long-Term Value Investment Research on SK hynix2026년 5월 22일 · Watch FY2025
5 Micron Technology Inc MU · 미국 $927B
23/100 약함
48/100 12.8%low -13.2% 2 yr 0.1× 33% Micron Technology Re-coverage: From Memory Cycle to Contracted AI-Memory Oligopoly?2026년 8월 12일 · Hold FY2025
6 GE Aerospace GE · 미국 $374B
21/100 약함
47/100 5.1%low -43.4% 4 yr 0.4× 28% GE Aerospace Deep Value Investment Research2026년 5월 25일 · 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.