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", profit streak "≥5 yr" 필터 적용: 237 match(필터 지우기) · 3페이지 중 1페이지.

#	종목	Mkt Cap	Score▼	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	리포트	FY
1	Valero Energy Corporation VLO · 미국	$90B	49/100 다소 약함	15.3%low -7.6%	5 yr	0.3×	5%	—	FY2025
2	Johnson Controls International PLC JCI · 미국	$89B	49/100 다소 약함	8.7%low -3.4%	9 yr	0.8×	33%	—	FY2025
3	China Coal Energy Co Ltd 601898 · 상하이	$26B	49/100 다소 약함	8.4%low 2.4%	10 yr+	0.1×	26%	—	FY2025
4	Heineken Holding NV HEIO · 암스테르담	$22B	49/100 다소 약함	16.9%low -1.3%	5 yr	1.8×	37%	—	FY2025
5	China Jushi Co Ltd 600176 · 상하이	$21B	49/100 다소 약함	15.5%low 8.1%	10 yr+	0.4×	37%	—	FY2025
6	Tenet Healthcare Corporation THC · 미국	$21B	49/100 다소 약함	34.5%low -46.0%	6 yr	2.4×	41%	—	FY2025
7	Charter Communications Inc CHTR · 미국	$20B	49/100 다소 약함	25.0%low 3.4%	10 yr+	6.0×	37%	—	FY2025
8	Tencent Music Entertainment Group 1698 · 홍콩	$16B	49/100 다소 약함	7.3%low 0.4%	10 yr+	Net cash	36%	—	FY2025
9	Qiagen NV QGEN · 미국	$7.5B	49/100 다소 약함	7.4%low -1.6%	6 yr	0.1×	63%	—	FY2025
10	Light & Wonder Inc LNW · 미국	$7.0B	49/100 다소 약함	10.7%^‡low -5.2%	5 yr	Net cash	67%	—	FY2025
11	Kingnet Network Co Ltd 002517 · 선전	$5.4B	49/100 다소 약함	10.8%low -67.2%	6 yr	Net cash	74%	—	FY2025
12	Cal-Maine Foods Inc CALM · 미국	$4.1B	49/100 다소 약함	14.6%low -8.8%	9 yr	Net cash	22%	—	FY2026
13	Rev Group Inc REVG · 미국	$3.1B	49/100 다소 약함	11.4%low -6.5%	5 yr	0.1×	12%	—	FY2025
14	Guangdong HongDa Blasting Co Ltd 002683 · 선전	$3.0B	49/100 다소 약함	8.8%low 2.2%	10 yr+	0.9×	20%	—	FY2025
15	Hugo Boss AG BOSS · XETRA	$2.8B	49/100 다소 약함	14.7%low -29.1%	5 yr	0.5×	62%	—	FY2025
16	Federal Agricultural Mortgage Corporation AGM · 미국	$2.5B	49/100 다소 약함	12.8%low 10.9%	10 yr+	7.2×	67%	—	FY2025
17	Gambol Pet Group Co Ltd Class A 301498 · 선전	$2.4B	49/100 다소 약함	10.2%low 0.4%	8 yr	Net cash	34%	—	FY2025
18	Watches Of Switzerland Group PLC WOSG · LSE	$2.1B	49/100 다소 약함	12.0%low -2.3%	7 yr	0.8×	12%	—	FY2026
19	Harmony Biosciences Holdings HRMY · 미국	$2.0B	49/100 다소 약함	6.4%low -48.9%	5 yr	Net cash	79%	—	FY2025
20	SÜSS MicroTec SE SMHN · XETRA	$1.9B	49/100 다소 약함	9.0%low -13.0%	6 yr	Net cash	35%	—	FY2025
21	Jiangxi Hongcheng Waterworks Co Ltd 600461 · 상하이	$1.7B	49/100 다소 약함	11.7%low 7.5%	10 yr+	0.5×	27%	—	FY2025
22	REX American Resources Corporation REX · 미국	$1.4B	49/100 다소 약함	8.5%low 0.8%	10 yr+	Net cash	10%	—	FY2026
23	Wuxi Zhenhua Auto Parts Co. Ltd. 605319 · 상하이	$1.1B	49/100 다소 약함	12.0%low 5.2%	10 yr+	0.2×	21%	—	FY2025
24	Baltic Classifieds Group PLC BCG · LSE	$1.1B	49/100 다소 약함	11.7%low -2.8%	5 yr	0.1×	89%	—	FY2026
25	Zhejiang Xinao Textiles Inc 603889 · 상하이	$765M	49/100 다소 약함	10.6%low 6.0%	10 yr+	0.2×	18%	—	FY2025
26	Shenyang Jinbei Automotive Co Ltd 600609 · 상하이	$614M	49/100 다소 약함	-20.1%low -288.3%	5 yr	Net cash	15%	—	FY2025
27	Me Group International PLC MEGP · LSE	$561M	49/100 다소 약함	19.1%low -22.1%	5 yr	Net cash	27%	—	FY2025
28	Linde plc Ordinary Shares LIN · 미국	$221B	48/100 다소 약함	13.9%low 4.7%	10 yr+	0.6×	32%	—	FY2025
29	China CSSC Holdings Ltd 600150 · 상하이	$37B	48/100 다소 약함	0.1%low -18.3%	8 yr	Net cash	6%	—	FY2025
30	nVent Electric PLC NVT · 미국	$25B	48/100 다소 약함	10.5%low -2.0%	5 yr	0.4×	39%	—	FY2025
31	XPO Logistics Inc XPO · 미국	$24B	48/100 다소 약함	18.9%low 2.6%	10 yr+	2.4×	12%	—	FY2025
32	Aluminum Corp of China Ltd 601600 · 상하이	$23B	48/100 다소 약함	7.2%low 1.0%	10 yr+	0.5×	11%	—	FY2025
33	Hangzhou Chang Chuan Technology Co Ltd 300604 · 선전	$22B	48/100 다소 약함	12.3%low 1.2%	10 yr+	0.0×	54%	—	FY2025
34	XCMG Construction Machinery Co Ltd 000425 · 선전	$15B	48/100 다소 약함	8.8%low 1.0%	10 yr+	0.2×	19%	—	FY2025
35	UDR Inc UDR · 미국	$14B	48/100 다소 약함	5.2%low 1.6%	10 yr+	1.9×	23%	—	FY2025
36	Ningbo Tuopu Group Co Ltd 601689 · 상하이	$11B	48/100 다소 약함	12.0%low 6.2%	10 yr+	0.2×	24%	—	FY2025
37	Guangzhou Tinci Materials Technology Co Ltd 002709 · 선전	$10B	48/100 다소 약함	17.1%low 0.6%	10 yr+	Net cash	29%	—	FY2025
38	Halozyme Therapeutics Inc HALO · 미국	$9.8B	48/100 다소 약함	31.0%low -78.7%	6 yr	41.0×	82%	—	FY2025
39	CubeSmart CUBE · 미국	$9.4B	48/100 다소 약함	10.0%low 5.3%	10 yr+	1.3×	65%	—	FY2025
40	WuXi XDC Cayman Inc 2268 · 홍콩	$8.8B	48/100 다소 약함	17.4%low 5.2%	10 yr+	Net cash	30%	우시 XDC: ADC 제조 네트워크의 규모 확장2026년 6월 17일 · 보유	FY2025
41	Zhejiang Huafon Spandex Co Ltd 002064 · 선전	$7.6B	48/100 다소 약함	15.1%low -10.1%	9 yr	Net cash	21%	—	FY2025
42	Wex Inc WEX · 미국	$6.4B	48/100 다소 약함	7.1%low -12.8%	5 yr	Net cash	53%	—	FY2025
43	Boyd Gaming Corporation BYD · 미국	$6.2B	48/100 다소 약함	27.5%low -12.0%	5 yr	0.9×	50%	—	FY2025
44	Shan Dong Dong-E E-Jiao Co Ltd 000423 · 선전	$4.9B	48/100 다소 약함	11.2%low -4.6%	6 yr	Net cash	63%	—	FY2025
45	Skyline Corporation SKY · 미국	$4.4B	48/100 다소 약함	12.3%low -14.1%	7 yr	Net cash	22%	—	FY2026
46	Fujian Funeng Co Ltd 600483 · 상하이	$4.2B	48/100 다소 약함	10.1%low 7.7%	10 yr+	0.3×	23%	—	FY2025
47	Hainan Jinpan Smart Technology Co. Ltd. A 688676 · 상하이	$4.1B	48/100 다소 약함	11.2%low 4.7%	9 yr	0.1×	24%	—	FY2025
48	Rubis SCA RUI · 파리	$3.7B	48/100 다소 약함	11.8%low 9.6%	10 yr+	0.5×	20%	—	FY2025
49	Lingyun Ind 600480 · 상하이	$1.5B	48/100 다소 약함	6.1%low -1.5%	6 yr	Net cash	17%	—	FY2025
50	MercadoLibre Inc. MELI · 미국	$95B	47/100 다소 약함	15.4%low -10.9%	5 yr	0.8×	49%	MercadoLibre: 장기 사업주의 관점에서 본 투자 분석2026년 5월 22일 · 관찰	FY2025
51	Expedia Group Inc. EXPE · 미국	$35B	47/100 다소 약함	11.9%low -103.2%	5 yr	Net cash	83%	—	FY2025
52	Huaneng Lancang River Hydropower Inc Class A 600025 · 상하이	$26B	47/100 다소 약함	9.1%low 1.5%	10 yr+	1.3×	53%	—	FY2025
53	Wistron Corp 3231 · 대만	$19B	47/100 다소 약함	12.7%low 4.4%	10 yr+	1.1×	6%	—	FY2025
54	Hengli Petrochemical Co Ltd 600346 · 상하이	$16B	47/100 다소 약함	19.8%low 4.4%	10 yr+	1.8×	13%	—	FY2025
55	Virtu Financial, Inc. VIRT · 미국	$13B	47/100 다소 약함	20.2%low -6.3%	6 yr	5.0×	58%	—	FY2025
56	Brixmor Property BRX · 미국	$9.7B	47/100 다소 약함	10.4%low 4.5%	10 yr+	1.8×	75%	—	FY2025
57	Voya Financial Inc VOYA · 미국	$9.0B	47/100 다소 약함	7.2%low -29.9%	8 yr	0.2×	67%	—	FY2025
58	Anhui Expressway Co Ltd 600012 · 상하이	$4.0B	47/100 다소 약함	11.7%low 7.7%	10 yr+	0.7×	50%	—	FY2025
59	Signet Jewelers Ltd SIG · 미국	$3.8B	47/100 다소 약함	10.2%low -36.2%	5 yr	0.2×	37%	—	FY2026
60	Masonite International Corp DOOR · 미국	$2.9B	47/100 다소 약함	11.3%low -7.3%	8 yr	1.4×	21%	—	FY2023
61	Huron Consulting Group Inc HURN · 미국	$2.4B	47/100 다소 약함	5.5%low -33.8%	5 yr	1.0×	33%	—	FY2025
62	Xianhe Co Ltd 603733 · 상하이	$2.2B	47/100 다소 약함	12.1%low 9.0%	10 yr+	1.1×	16%	—	FY2025
63	First Tractor Co Ltd 601038 · 상하이	$2.2B	47/100 다소 약함	3.9%low -32.4%	7 yr	Net cash	15%	—	FY2025
64	Photronics Inc PLAB · 미국	$1.8B	47/100 다소 약함	8.0%low 1.8%	10 yr+	Net cash	28%	—	FY2025
65	Atlanticus Holdings Corporation ATLC · 미국	$1.6B	47/100 다소 약함	21.3%low -109.7%	8 yr	9.7×	49%	—	FY2025
66	Xinjiang Guannong Fruit & Antler Group Co Ltd 600251 · 상하이	$1.0B	47/100 다소 약함	8.9%low 1.4%	10 yr+	0.2×	10%	—	FY2025
67	Nextera Energy Inc NEE · 미국	$181B	46/100 다소 약함	13.1%low 8.0%	10 yr+	1.7×	57%	—	FY2025
68	BYD Co Ltd Class A 002594 · 선전	$122B	46/100 다소 약함	10.8%low 2.8%	10 yr+	0.1×	17%	—	FY2025
69	Ameren Corp AEE · 미국	$30B	46/100 다소 약함	9.8%low 7.3%	10 yr+	1.5×	44%	—	FY2025
70	Darden Restaurants Inc DRI · 미국	$23B	46/100 다소 약함	33.4%low -2.2%	6 yr	2.6×	26%	—	FY2026
71	Burlington Stores Inc BURL · 미국	$23B	46/100 다소 약함	35.6%low -46.6%	5 yr	2.6×	42%	—	FY2026
72	China Northern Rare Earth Group High-Tech Co Ltd 600111 · 상하이	$20B	46/100 다소 약함	11.5%low 1.1%	10 yr+	0.0×	16%	—	FY2025
73	Rexel S.A RXL · 파리	$11B	46/100 다소 약함	6.9%low -6.9%	5 yr	0.8×	25%	—	FY2025
74	Antero Midstream Partners LP AM · 미국	$10B	46/100 다소 약함	21.1%low -11.3%	5 yr	1.5×	62%	—	FY2025
75	Zhejiang China Commodities City Group Co Ltd 600415 · 상하이	$9.8B	46/100 다소 약함	11.4%low 6.8%	10 yr+	Net cash	37%	—	FY2025
76	Sodexo SA SW · 파리	$9.0B	46/100 다소 약함	12.1%low -11.6%	5 yr	0.9×	14%	—	FY2025
77	Nexans S.A. NEX · 파리	$7.6B	46/100 다소 약함	8.3%low -9.7%	6 yr	0.1×	12%	—	FY2025
78	Shenzhen Kedali Industry Co Ltd 002850 · 선전	$7.3B	46/100 다소 약함	11.5%low 3.6%	10 yr+	0.1×	24%	—	FY2025
79	Zhejiang Shuanghuan Driveline Co Ltd 002472 · 선전	$4.6B	46/100 다소 약함	7.2%low 1.4%	10 yr+	0.1×	21%	—	FY2025
80	Alliance Resource Partners LP ARLP · 미국	$3.3B	46/100 다소 약함	23.0%low -12.2%	5 yr	0.2×	20%	—	FY2025
81	Fujian Sunner Development Co Ltd 002299 · 선전	$2.9B	46/100 다소 약함	13.1%low 4.1%	10 yr+	0.4×	15%	—	FY2025
82	Virtus Investment Partners, Inc. VRTS · 미국	$1.1B	46/100 다소 약함	13.2%low 6.1%	10 yr+	2.5×	62%	—	FY2025
83	Xiamen International Airport Co Ltd 600897 · 상하이	$864M	46/100 다소 약함	9.0%low 0.7%	10 yr+	Net cash	31%	—	FY2025
84	XPS Pensions Group PLC XPS · LSE	$859M	46/100 다소 약함	5.1%low -46.7%	9 yr	0.4×	53%	—	FY2026
85	T-Mobile US Inc TMUS · 미국	$185B	45/100 다소 약함	11.4%low 3.7%	10 yr+	2.0×	57%	—	FY2025
86	Iberdrola S.A. IBE · MC	$149B	45/100 다소 약함	9.8%low 7.3%	10 yr+	1.1×	46%	—	FY2025
87	Petroleo Brasileiro Petrobras SA ADR PBR · 미국	$123B	45/100 다소 약함	17.1%low -6.2%	8 yr	0.8×	44%	—	FY2025
88	Marriott International Inc MAR · 미국	$97B	45/100 다소 약함	33.4%low -62.1%	5 yr	—	19%	—	FY2025
89	Wheaton Precious Metals Corp WPM · 미국	$51B	45/100 다소 약함	7.8%low 1.2%	10 yr+	Net cash	54%	—	FY2025
90	Advanced Micro Fabrication Inc 688012 · 상하이	$46B	45/100 다소 약함	8.3%low 4.3%	9 yr	Net cash	45%	—	FY2025
91	Ares Management LP ARES · 미국	$42B	45/100 다소 약함	13.9%low 5.2%	10 yr+	3.1×	60%	—	FY2025
92	CLP Holdings 0002 · 홍콩	$25B	45/100 다소 약함	8.8%low 1.0%	10 yr+	0.6×	28%	—	FY2025
93	EVE Energy 300014 · 선전	$17B	45/100 다소 약함	13.4%low 9.8%	10 yr+	0.6×	22%	—	FY2025
94	Yunnan Aluminium Co Ltd 000807 · 선전	$13B	45/100 다소 약함	9.1%low -17.7%	7 yr	Net cash	13%	—	FY2025
95	Yara International ASA YAR · OL	$12B	45/100 다소 약함	8.6%low 0.2%	10 yr+	0.5×	26%	—	FY2025
96	Goertek Inc 002241 · 선전	$11B	45/100 다소 약함	10.2%low 3.5%	10 yr+	Net cash	15%	—	FY2025
97	Xiamen Tungsten Co Ltd 600549 · 상하이	$10B	45/100 다소 약함	9.1%low 2.3%	10 yr+	0.0×	16%	—	FY2025
98	Aecom Technology Corporation ACM · 미국	$8.7B	45/100 다소 약함	6.4%low -7.1%	5 yr	0.7×	5%	—	FY2025
99	NKT A/S NKT · CO	$8.6B	45/100 다소 약함	2.1%low -9.5%	5 yr	Net cash	34%	—	FY2025
100	Jiangsu Yoke Technology Co Ltd 002409 · 선전	$8.1B	45/100 다소 약함	7.2%low 2.2%	10 yr+	0.2×	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.