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 "다소 약함", market "Europe (incl. UK)", profit streak "≥7 yr" 필터 적용: 16 match(필터 지우기).

#	종목	Mkt Cap	Score▼	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	리포트	FY
1	Watches Of Switzerland Group PLC WOSG · LSE	$2.1B	49/100 다소 약함	12.0%low -2.3%	7 yr	0.8×	12%	—	FY2026
2	Rubis SCA RUI · 파리	$3.7B	48/100 다소 약함	11.8%low 9.6%	10 yr+	0.5×	20%	—	FY2025
3	XPS Pensions Group PLC XPS · LSE	$859M	46/100 다소 약함	5.1%low -46.7%	9 yr	0.4×	53%	—	FY2026
4	Iberdrola S.A. IBE · MC	$149B	45/100 다소 약함	9.8%low 7.3%	10 yr+	1.1×	46%	—	FY2025
5	Yara International ASA YAR · OL	$12B	45/100 다소 약함	8.6%low 0.2%	10 yr+	0.5×	26%	—	FY2025
6	Antofagasta PLC ANTO · LSE	$46B	44/100 다소 약함	9.7%low 1.8%	10 yr+	0.3×	45%	—	FY2025
7	Chemring Group PLC CHG · LSE	$2.1B	44/100 다소 약함	5.6%low -13.9%	7 yr	0.2×	85%	—	FY2025
8	Orange S.A. ORA · 파리	$48B	43/100 다소 약함	7.6%low 0.9%	10 yr+	1.4×	36%	—	FY2025
9	Veolia Environnement VE SA VIE · 파리	$27B	43/100 다소 약함	9.4%low 1.2%	10 yr+	1.7×	17%	—	FY2025
10	Ackermans & Van Haaren NV ACKB · BR	$9.5B	43/100 다소 약함	9.8%low 6.5%	10 yr+	1.5×	28%	—	FY2025
11	Elis SA ELIS · 파리	$5.7B	42/100 다소 약함	5.4%low 0.1%	10 yr+	1.0×	36%	—	FY2025
12	Aker BP ASA AKRBP · OL	$23B	41/100 다소 약함	10.9%low 1.2%	10 yr+	0.4×	59%	—	FY2025
13	E.ON SE EOAN · XETRA	$53B	40/100 다소 약함	28.0%low 3.7%	9 yr	1.9×	19%	—	FY2025
14	Storebrand ASA STB · OL	$9.1B	39/100 다소 약함	10.0%low 6.2%	10 yr+	0.8×	17%	—	FY2025
15	Metlen Energy & Metals PLC MTLN · LSE	$7.1B	38/100 다소 약함	12.9%low 3.5%	10 yr+	1.0×	16%	—	FY2025
16	SBM Offshore N.V. SBMO · 암스테르담	$5.8B	38/100 다소 약함	10.3%low -6.2%	8 yr	1.8×	30%	—	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.