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 "우수", market "Europe (incl. UK)", market cap "Mid $2–10B" 필터 적용: 23 match(필터 지우기).

# 종목 Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin 리포트 FY
1 Pandora A/S PNDORA · CO $9.4B
79/100 우수
56.2%low 26.2% 10 yr+ 3.4× 76% FY2025
2 HEXPOL AB (publ) HPOL-B · ST $3.3B
79/100 우수
17.4%low 13.9% 10 yr+ 0.2× 21% FY2025
3 Dunelm Group PLC DNLM · LSE $2.3B
79/100 우수
56.5%low 45.8% 10 yr+ 2.9× 48% FY2025
4 Softcat plc SCT · LSE $4.8B
78/100 우수
48.1%low 38.0% 10 yr+ Net cash 28% FY2025
5 Alpha Group International plc ALPH · LSE $2.3B
78/100 우수
30.6%low 14.3% 10 yr+ Net cash 78% FY2024
6 Biomerieux SA BIM · 파리 $8.8B
77/100 우수
12.8%low 9.5% 10 yr+ Net cash 55% FY2025
7 CD PROJEKT SA CDR · WAR $6.8B
74/100 우수
21.5%low 10.9% 10 yr+ Net cash 76% FY2025
8 JD Sports Fashion PLC JD · LSE $5.4B
74/100 우수
20.6%low 6.7% 10 yr+ 0.9× 48% FY2026
9 ITV PLC ITV · LSE $3.5B
74/100 우수
35.3%low 11.8% 10 yr+ 0.3× 19% FY2025
10 Hill & Smith Holdings PLC HILS · LSE $2.9B
74/100 우수
14.9%low 7.5% 10 yr+ 0.1× 38% FY2025
11 Bechtle AG BC8 · XETRA $4.9B
73/100 우수
15.1%low 11.2% 10 yr+ 0.1× 16% FY2025
12 Britvic PLC BVIC · LSE $4.2B
71/100 우수
31.9%low 19.5% 10 yr+ 2.0× 45% FY2024
13 B&M European Value Retail SA BME · LSE $2.8B
71/100 우수
29.4%low 8.3% 10 yr+ 2.6× 36% FY2026
14 Balfour Beatty plc BBY · LSE $5.3B
70/100 우수
12.8%low 2.2% 10 yr+ Net cash 5% FY2025
15 Valmet Oyj VALMT · HE $5.2B
70/100 우수
15.0%low 9.3% 10 yr+ 0.3× 24% FY2025
16 Cranswick PLC CWK · LSE $3.6B
69/100 우수
13.8%low 12.4% 10 yr+ 0.2× 14% FY2026
17 AAK AB AAK · ST $5.7B
68/100 우수
15.0%low 11.8% 10 yr+ 0.2× 25% FY2025
18 CMC Markets PLC CMCX · LSE $2.3B
68/100 우수
19.4%low 2.9% 10 yr+ Net cash 76% FY2026
19 SCHOTT Pharma AG & Co. KGaA 1SXP · XETRA $2.9B
67/100 우수
20.6%low 16.4% 6 yr 35% FY2025
20 Galenica Sante AG GALE · SW $5.5B
66/100 우수
14.7%low 11.8% 10 yr+ 0.6× 13% FY2025
21 Redrow PLC RDW · LSE $3.3B
66/100 우수
16.0%low 6.9% 10 yr+ 0.0× 22% FY2023
22 freenet AG FNTN · XETRA $3.1B
66/100 우수
14.2%low 5.4% 10 yr+ 0.4× 32% FY2025
23 Beijer Ref AB (publ) BEIJ-B · ST $7.3B
65/100 우수
15.5%low 9.3% 10 yr+ 0.4× 29% 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.