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. market cap "Mid $2–10B", profit streak "≥7 yr", Has report 필터 적용: 65 match(필터 지우기).

#	종목	Mkt Cap	Score▼	Baillie	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	리포트	FY
1	AJ Bell plc AJB · LSE	$2.9B	97/100 최상위	49/100	35.9%low 24.8%	10 yr+	Net cash	100%	AJ Bell: Reconstructed FY2025 Client-Cash Interest of £136.5m Nearly Equals £137.8m Group PBT, H1 Revenue Margin Expanded to 33.4 Basis Points Instead of Compressing, and £6.18 Leaves No Margin of Safety2026년 8월 16일 · Hold	FY2025
2	Federated Investors Inc B FHI · 미국	$4.6B	96/100 최상위	40/100	28.6%low 22.9%	10 yr+	Net cash	68%	Federated Hermes: A Durable Cash Franchise Priced for Today's Rates, Not the Next Zero2026년 8월 16일 · Hold	FY2025
3	Paycom Software, Inc. PAYC · 미국	$7.6B	95/100 최상위	47/100	28.8%low 21.9%	10 yr+	Net cash	84%	Paycom Software: Has Automation Repaired the Growth Engine, and Is That Already Priced?2026년 8월 7일 · Hold	FY2025
4	WD-40 Company WDFC · 미국	$3.0B	95/100 최상위	43/100	36.0%low 30.2%	10 yr+	0.1×	54%	WD-40 Company: A Seven-Decade Brand, a Borrowed Quarter, and No Margin of Safety2026년 8월 17일 · Hold	FY2025
5	National Beverage Corp FIZZ · 미국	$3.0B	95/100 최상위	39/100	41.0%low 28.7%	10 yr+	Net cash	37%	National Beverage: A Cash-Rich LaCroix Franchise Where Price, Not Volume, Carried the Year2026년 8월 17일 · Hold	FY2026
6	Games Workshop Group PLC GAW · LSE	$8.0B	94/100 최상위	42/100	57.4%low 48.6%	10 yr+	Net cash	70%	Games Workshop: An Exceptional Warhammer Compounder, Priced for Continued Excellence2026년 6월 26일 · Hold	FY2026
7	Exponent Inc EXPO · 미국	$3.2B	94/100 최상위	46/100	26.7%low 22.8%	10 yr+	Net cash	60%	Exponent: A PhD-Dense Expert Franchise Whose Reacceleration Is Real but Already Priced2026년 8월 17일 · Hold	FY2025
8	FactSet Research Systems Inc FDS · 미국	$9.4B	92/100 최상위	45/100	40.4%low 27.3%	10 yr+	0.6×	53%	FactSet Research Systems Deep Value Investment Research2026년 5월 31일 · Cautious Buy	FY2025
9	Smith AO Corporation AOS · 미국	$8.2B	91/100 최상위	41/100	23.4%low 13.5%	10 yr+	Net cash	39%	A. O. Smith Water Heaters & Water Treatment Deep Dive2026년 5월 23일 · Watch	FY2025
10	Robert Half International Inc RHI · 미국	$3.8B	88/100 최상위	33/100	30.4%low 10.4%	10 yr+	Net cash	41%	Robert Half: Staffing Turned, Protiviti Collapsed to a 2.1% Margin, and 43.22 USD Leaves No Margin of Safety2026년 8월 15일 · Hold	FY2025
11	Xiamen Faratronic Co Ltd 600563 · 상하이	$4.3B	86/100 최상위	41/100	20.2%low 17.3%	10 yr+	Net cash	39%	Xiamen Faratronic: 95% Film-Capacitor Purity, a 38.6%-to-32.1% Margin Reset, and CNY 123.01 Inside the Hold Band2026년 9월 13일 · Hold	FY2025
12	Allison Transmission Holdings Inc ALSN · 미국	$9.6B	84/100 최상위	43/100	49.2%low 19.9%	10 yr+	0.8×	49%	Allison Transmission: A Reassessment During the Integration Phase2026년 5월 28일 · Hold	FY2025
13	Houlihan Lokey Inc HLI · 미국	$8.8B	83/100 최상위	41/100	19.2%low 14.8%	10 yr+	Net cash	43%	Houlihan Lokey: Deal Count Held, Fee Density Did Not, and the Restructuring Hedge Is Dormant2026년 8월 19일 · Hold	FY2026
14	Lao Feng Xiang Co Ltd A 600612 · 상하이	$2.6B	83/100 최상위	33/100	18.4%low 11.6%	10 yr+	Net cash	8%	Lao Feng Xiang: 499 Franchise Closures and a 10.6% Jewellery Gross Margin, While the Shares at CNY 34.87 Sit 9% Above the CNY 31.9 Conservative Value2026년 8월 9일 · Hold	FY2025
15	Shandong Himile Mechanical Science & Technology Co Ltd 002595 · 선전	$8.5B	82/100 최상위	47/100	18.1%low 16.2%	10 yr+	Net cash	33%	Himile: A 40%-Margin Tire-Mould Franchise Is Funding Two Adjacencies That Have Not Yet Earned Their Keep2026년 8월 19일 · Hold	FY2025
16	NewMarket Corporation NEU · 미국	$7.8B	82/100 최상위	45/100	35.6%low 23.5%	10 yr+	0.5×	28%	NewMarket Corporation: The Cash Cow, the Rocket-Propellant Option, and What the Market Now Prices2026년 8월 19일 · Hold	FY2025
17	Andritz AG ANDR · VI	$8.6B	81/100 최상위	45/100	19.2%low 10.6%	10 yr+	—	49%	ANDRITZ: Service Reached 46% of Revenue, but the Record Backlog Is Hydro-Heavy and Margin-Dilutive2026년 8월 19일 · Hold	FY2025
18	Simpson Manufacturing Company Inc SSD · 미국	$7.8B	81/100 최상위	44/100	17.2%low 10.4%	10 yr+	0.1×	46%	Simpson Manufacturing: A Genuine Specification Moat, but Guidance Implies Second-Half Margin Drops From 25.2% to About 17%2026년 8월 19일 · Hold	FY2025
19	Hongfa Technology Co Ltd 600885 · 상하이	$7.7B	79/100 우수	45/100	16.0%low 13.9%	10 yr+	Net cash	37%	Hongfa Technology: 3.464bn Relays, a 32% Top Line That Yielded CNY 114m of Cash, and CNY 34.73 at the Hold-Band Floor2026년 9월 16일 · Hold	FY2025
20	Shenzhou International Group Holdings Ltd 2313 · 홍콩	$8.6B	78/100 우수	44/100	17.2%low 12.1%	10 yr+	Net cash	28%	Shenzhou International: 22.6% H1 Gross Margin and 75.9% Customer Concentration Leave No Conservative Margin of Safety at HK$36.582026년 9월 1일 · Hold	FY2025
21	Sprouts Farmers Market LLC SFM · 미국	$8.1B	78/100 우수	40/100	26.7%low 18.5%	10 yr+	1.2×	36%	Sprouts Farmers Market: A 38.7% Gross Margin and USD 3.8m Boxes Against -1.0% Comps, With USD 73.46 at 13.7x Normalized 2026 Earnings2026년 9월 16일 · Cautious Buy	FY2025
22	Pool Corporation POOL · 미국	$6.7B	78/100 우수	44/100	52.6%low 34.1%	10 yr+	1.2×	30%	Pool Corporation Value Investment Deep-Dive Report2026년 5월 31일 · Watch	FY2025
23	Zhejiang CFMoto Power Co Ltd 603129 · 상하이	$6.6B	78/100 우수	48/100	18.2%low 10.8%	10 yr+	Net cash	29%	CFMOTO: Four-Wheeler Revenue Up 51% but H1 Profit Up Only 6%, and CNY 296.88 at 24-25x Normalized Earnings Leaves No Margin of Safety2026년 9월 17일 · Hold	FY2025
24	Tingyi 0322 · 홍콩	$8.6B	77/100 우수	33/100	18.3%low 6.8%	10 yr+	0.1×	31%	Tingyi: A Mature Cash Cow Whose Profit Growth Comes From Margin, Not Sales2026년 8월 25일 · Hold	FY2025
25	Trade Desk Inc TTD · 미국	$8.5B	76/100 우수	45/100	14.8%low 2.5%	10 yr+	Net cash	79%	The Trade Desk: A Long-Term Owner's Deep-Dive2026년 5월 31일 · Watch	FY2025
26	Booz Allen Hamilton Holding BAH · 미국	$8.4B	76/100 우수	37/100	52.2%low 27.4%	10 yr+	3.1×	51%	Booz Allen Hamilton: The 130 Basis Point Margin Jump and the 39.48 Billion Dollar Backlog Are Both Smaller Than They Look, and 69.72 Dollars Sits Above Conservative Value2026년 8월 1일 · Hold	FY2026
27	Zhejiang Dingli Mach Co Ltd 603338 · 상하이	$4.2B	76/100 우수	44/100	17.3%low 12.9%	10 yr+	Net cash	37%	Zhejiang Dingli: H1 Revenue Grew 24.9% and Its 20.6% EU Duty Beats Rivals at 35–49%, but Cash Conversion Fell to 0.32x and CNY 53.87 Sits 28% Above the CNY 42 Conservative Value Ahead of Final U.S. Duty Rulings2026년 9월 18일 · Watch	FY2025
28	Nice Ltd ADR NICE · 미국	$5.8B	75/100 우수	49/100	9.4%low 7.1%	10 yr+	Net cash	67%	NICE Ltd: A Good Software Business Still Waiting for Proof That AI Adds More Than It Substitutes2026년 7월 22일 · Watch	FY2025
29	Li Ning Co Ltd 2331 · 홍콩	$4.9B	75/100 우수	43/100	15.0%low 10.2%	10 yr+	Net cash	49%	Li Ning Company: 11 Times Trailing Earnings and Almost RMB20 Billion of Net Cash, Against a Q2 2026 Sell-Through Reversal2026년 8월 8일 · Hold	FY2025
30	Campbell’s Co CPB · 미국	$6.6B	74/100 우수	33/100	29.8%low 14.9%	10 yr+	1.8×	34%	The Campbell's Company: A Value-Investing Deep Dive2026년 5월 31일 · Watch	FY2025
31	JD Sports Fashion PLC JD · LSE	$5.4B	74/100 우수	37/100	20.6%low 6.7%	10 yr+	0.9×	48%	JD Sports Fashion plc: Cheap Cash Flow, Falling Like-for-Like Sales, and the Cost of Control2026년 9월 2일 · Watch	FY2026
32	Federal Signal Corporation FSS · 미국	$7.6B	73/100 우수	42/100	15.2%low 11.1%	10 yr+	0.4×	26%	Federal Signal Corporation: 70% of Q2's Incremental Sales Came From Acquisitions, Organic Growth Was 6%, and 115.33 USD Sits 9% Above the 106 USD Conservative Ceiling2026년 9월 17일 · Hold	FY2025
33	EPAM Systems Inc EPAM · 미국	$5.5B	73/100 우수	30/100	14.0%low 7.5%	10 yr+	Net cash	33%	EPAM Systems: A Value Investing Deep Dive2026년 5월 31일 · Cautious Buy	FY2025
34	FTI Consulting Inc FCN · 미국	$4.4B	72/100 우수	39/100	12.8%low 7.1%	10 yr+	0.2×	33%	FTI Consulting: An Expert Franchise Still Raising Prices, Now Carrying Idle Capacity and Borrowed Buybacks2026년 8월 19일 · Hold	FY2025
35	Hundsun Technologies Inc 600570 · 상하이	$6.1B	71/100 우수	41/100	18.1%low 0.8%	10 yr+	Net cash	82%	Hundsun Technologies: 2026 H1 Revenue Fell 11.6% While Profit Rose 0.69%, Associates Supplied CNY106.3m of Q1 Investment Income, and CNY22.12 Leaves No Conservative Margin of Safety2026년 8월 16일 · Hold	FY2025
36	AptarGroup Inc ATR · 미국	$8.5B	70/100 우수	38/100	14.1%low 11.6%	10 yr+	0.4×	35%	AptarGroup: Pharma Carries the Profit, the Price Leaves No Cushion2026년 8월 26일 · Hold	FY2025
37	Zhejiang Dahua Technology Co Ltd 002236 · 선전	$7.7B	70/100 우수	41/100	16.8%low 8.1%	10 yr+	Net cash	45%	Dahua: 10% H1 Growth and a 43% Gross Margin Are Real, but CNY 15.72 Sits Above Conservative Value While FCC Component Rules and a CNY 8.568bn Inventory Build Leave No Margin of Safety2026년 9월 17일 · Hold	FY2025
38	Valmet Oyj VALMT · HE	$5.2B	70/100 우수	41/100	15.0%low 9.3%	10 yr+	0.3×	24%	Valmet Oyj: Two Businesses, One Share Price, and a Separation Thesis Already Partly Priced2026년 9월 2일 · Hold	FY2025
39	Science Applications International Corporation Common Stock SAIC · 미국	$5.0B	70/100 우수	31/100	24.3%low 9.1%	10 yr+	1.7×	11%	SAIC: Margins and Buybacks Lift Owner Earnings to an 8.7% Yield, but a 1.0x Trailing Book-to-Bill Leaves $127.28 Above Conservative Value2026년 8월 26일 · Hold	FY2026
40	Auras Technology Co Ltd 3324 · TWO	$3.3B	70/100 우수	50/100	21.2%low 10.1%	10 yr+	Net cash	20%	Auras Technology: A Thermal Vendor Climbing the AI Liquid-Cooling Stack2026년 6월 20일 · Hold	FY2025
41	InterDigital Inc IDCC · 미국	$7.9B	69/100 우수	38/100	21.2%low 2.7%	10 yr+	Net cash	74%	InterDigital, Inc.: ARR Hit a Record 625.7 Million but 103.7 Million of Q2 Revenue Was Catch-Up, and 326.08 USD Sits 42% Above the 230 USD Conservative Ceiling2026년 9월 16일 · Hold	FY2025
42	MSA Safety MSA · 미국	$7.3B	69/100 우수	44/100	14.7%low 2.6%	10 yr+	0.3×	45%	MSA Safety: Adjusted Operating Margin Reached 24.1% on 3.2% Organic Growth, 744 Million USD Went Into Two Detection Acquisitions in Fourteen Months, and 179.82 USD Sits 50% Above the 120 USD Ideal Buy Ceiling2026년 9월 17일 · Hold	FY2025
43	Valmont Industries Inc VMI · 미국	$9.4B	68/100 우수	41/100	14.7%low 8.9%	10 yr+	0.5×	27%	Valmont: A 33.9% Utility Surge and 0.93x Leverage Justify the Rerating, but $472.43 Still Underwrites the 2029 Margin Plan With No Conservative-Case Margin of Safety2026년 9월 18일 · Hold	FY2025
44	Sunny Optical Technology Group Co Ltd 2382 · 홍콩	$7.7B	68/100 우수	47/100	22.0%low 4.9%	10 yr+	Net cash	20%	Sunny Optical: Other Products Supply a Third of Gross Profit on 18.4% of Revenue, but Handset Margin at 12.3% Leaves No Safety Margin at HKD 62.602026년 8월 27일 · Watch	FY2025
45	AutoNation Inc AN · 미국	$7.1B	68/100 우수	39/100	29.7%low 11.8%	10 yr+	4.3×	17%	AutoNation: 78.3% of Q2 Gross Profit Comes From After-Sales and F&I, but $201.25 Offers No Margin of Safety2026년 9월 1일 · Hold	FY2025
46	ENN Energy Holdings Ltd 2688 · 홍콩	$6.7B	68/100 우수	39/100	16.5%low 12.3%	10 yr+	0.2×	15%	ENN Energy: A Lapsed HK$80 Buyout Left 7.1x Core Earnings and a 6.1% Yield, but Every Ancillary Segment Shrank in H1 and HK$49.48 Sits Above the HK$40 Ideal-Buy Ceiling2026년 9월 16일 · Cautious Buy	FY2025
47	Zhengzhou Yutong Bus Co Ltd 600066 · 상하이	$10.0B	67/100 우수	42/100	16.7%low 3.4%	10 yr+	Net cash	23%	Yutong Bus: A 29.62% Overseas Gross Margin Against 19.09% at Home Carried H1 Core Profit Up 15.83%, but 7m+ Share Fell to 28.69% and CNY 30.40 Sits Above the CNY 27 Conservative Value2026년 8월 27일 · Hold	FY2025
48	Shenzhen Envicool Technology Co Ltd 002837 · 선전	$8.3B	66/100 우수	47/100	12.9%low 10.0%	10 yr+	Net cash	32%	Envicool 심층 리서치2026년 6월 14일 · 관찰	FY2025
49	Timken Company TKR · 미국	$9.6B	65/100 우수	38/100	14.8%low 9.1%	10 yr+	0.6×	36%	Timken: The Margin Transition Is Real, but the Price Already Assumes It's Finished2026년 7월 8일 · Hold	FY2025
50	Powertech Technology Inc 6239 · 대만	$7.9B	62/100 보통	40/100	14.3%low 9.8%	10 yr+	0.3×	20%	Powertech Technology Deep-Dive Research2026년 6월 11일 · Watch	FY2025
51	MYR Group Inc MYRG · 미국	$5.2B	61/100 보통	44/100	11.7%low 5.0%	10 yr+	Net cash	11%	MYR Group: A Record 20.1% Organic Quarter and a 3.16 Billion Backlog, Already Priced at 32 Times Trailing Earnings2026년 8월 8일 · Hold	FY2025
52	Inventec Corp 2356 · 대만	$9.6B	59/100 보통	40/100	11.1%low 10.0%	10 yr+	0.4×	5%	Inventec: An AI-Server Manufacturer Still Earning Assembly Margins2026년 6월 21일 · Hold	FY2025
53	Red Avenue New Materials Group Co Ltd 603650 · 상하이	$4.7B	58/100 보통	45/100	16.5%low 9.8%	10 yr+	0.4×	29%	Tongcheng New Material: A Long-Term Business Owner's Study2026년 5월 20일 · Watch	FY2025
54	Henan Pinggao Electric Co Ltd 600312 · 상하이	$3.7B	58/100 보통	34/100	5.9%low 0.8%	10 yr+	Net cash	18%	Pinggao Electric: The Cleanest UHV Switchgear Play, But Orders Are Not Yet Revenue2026년 7월 4일 · Hold	FY2025
55	Stonex Group Inc SNEX · 미국	$9.3B	57/100 보통	43/100	19.0%low 1.4%	10 yr+	7.1×	1%	StoneX Group: Two 3-for-2 Splits in One Fiscal Year Break the EPS Series, RJO Lifts Q3 Net Income 102%, and 200bp of Rate Cuts Would Take $0.76 Off $4.19 Trailing EPS2026년 9월 16일 · Hold	FY2025
56	Anji Microelectronics Tech Co Ltd 688019 · 상하이	$7.6B	57/100 보통	52/100	15.4%low 7.4%	10 yr+	Net cash	58%	Anji Microelectronics: A High-Quality Compounder, but a Better Company Than Stock2026년 6월 29일 · Watch	FY2025
57	Brinks Company BCO · 미국	$4.9B	57/100 보통	41/100	26.3%low -20.0%	7 yr	9.6×	23%	Brink's: A 9.1% Owner-Earnings Yield and 14 Straight Quarters of AMS/DRS Growth Meet a $7.3 Billion Pro-Forma Net-Debt Bet on NCR Atleos2026년 9월 18일 · Watch	FY2025
58	Ningbo Orient Wires and Cables Co Ltd 603606 · 상하이	$4.8B	56/100 보통	47/100	15.4%low 3.2%	10 yr+	Net cash	21%	Ningbo Orient Wires & Cables: A Real Submarine-Cable Moat Priced for Flawless Backlog Conversion2026년 7월 17일 · Watch	FY2025
59	Vicor Corporation VICR · 미국	$9.6B	55/100 보통	45/100	7.1%low -4.8%	9 yr	Net cash	48%	Vicor: A Real Power-Delivery Specialist, Already Priced For AI's Promise2026년 7월 14일 · Watch	FY2025
60	Sanmina Corporation SANM · 미국	$9.9B	54/100 보통	36/100	9.2%low -6.5%	7 yr	Net cash	8%	Sanmina Corporation2026년 7월 23일 · Hold	FY2025
61	FormFactor Inc FORM · 미국	$8.3B	53/100 보통	39/100	8.0%low -1.6%	9 yr	Net cash	39%	FormFactor (FORM.US) Buffett Framework Deep-Dive Research2026년 6월 9일 · Watch	FY2025
62	Western Superconducting Tech Co Ltd 688122 · 상하이	$4.8B	50/100 보통	43/100	10.9%low 6.2%	10 yr+	Net cash	33%	Western Superconducting: A Long-Term Enterprise Value Analysis2026년 5월 21일 · Watch	FY2025
63	WuXi XDC Cayman Inc 2268 · 홍콩	$8.8B	48/100 다소 약함	48/100	17.4%low 5.2%	10 yr+	Net cash	30%	우시 XDC: ADC 제조 네트워크의 규모 확장2026년 6월 17일 · 보유	FY2025
64	Zhejiang Shuanghuan Driveline Co Ltd 002472 · 선전	$4.6B	46/100 다소 약함	44/100	7.2%low 1.4%	10 yr+	0.1×	21%	Zhejiang Shuanghuan Driveline: A Precision-Gear Cash Engine Carrying a Still-Optional Robot-Reducer Bet2026년 6월 25일 · Hold	FY2025
65	Jiangsu Nata Opto Electr Material 300346 · 선전	$4.8B	44/100 다소 약함	43/100	6.1%low 0.6%	10 yr+	Net cash	39%	Nata Opto-electronic: A Value-Investing Deep Dive2026년 5월 20일 · 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.