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. Filtrado por score tier "Médio", market "Europe (incl. UK)", market cap "Large $10–200B": 30 match(limpar filtros).

#	Ativo	Mkt Cap	Score▼	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	Relatório	FY
1	Air Liquide SA AI · Paris	$117B	64/100 Médio	12.3%low 11.0%	10 yr+	0.4×	59%	—	FY2025
2	Koninklijke Ahold Delhaize NV AD · Amsterdã	$33B	64/100 Médio	12.6%low 5.1%	10 yr+	0.0×	27%	—	FY2025
3	Legal & General Group PLC LGEN · LSE	$21B	64/100 Médio	17.0%low 5.4%	10 yr+	3.5×	97%	—	FY2025
4	Rheinmetall AG RHM · XETRA	$57B	63/100 Médio	13.5%low 0.1%	10 yr+	Net cash	47%	—	FY2025
5	Mowi ASA MOWI · OL	$12B	63/100 Médio	16.5%low 4.3%	10 yr+	0.5×	53%	—	FY2025
6	JSC National Atomic Company Kazatomprom KAP · IL	$23B	62/100 Médio	25.5%low 11.8%	10 yr+	—	41%	—	FY2025
7	Haleon PLC HLN · LSE	$41B	61/100 Médio	6.3%low 2.4%	7 yr	0.4×	61%	—	FY2025
8	Julius Baer Gruppe AG BAER · SW	$19B	61/100 Médio	11.8%low 7.4%	10 yr+	Net cash	89%	—	FY2025
9	Publicis Groupe SA PUB · Paris	$25B	59/100 Médio	10.7%low -8.7%	9 yr	0.1×	36%	—	FY2025
10	Compagnie Generale des Etablissements Michelin SCA ML · Paris	$25B	59/100 Médio	11.7%low 5.0%	10 yr+	0.1×	29%	—	FY2025
11	Eiffage SA FGR · Paris	$13B	59/100 Médio	13.3%low 7.1%	10 yr+	1.3×	47%	—	FY2025
12	Airbus Group SE AIR · Paris	$172B	58/100 Médio	18.1%low -22.8%	5 yr	Net cash	14%	Pesquisa aprofundada sobre Airbus SE15 de junho de 2026 · Manter	FY2025
13	Anheuser Busch Inbev SA NV ABI · BR	$160B	58/100 Médio	7.0%low 1.7%	10 yr+	0.7×	58%	—	FY2025
14	Saab AB (publ) SAAB-B · ST	$31B	58/100 Médio	9.3%low 5.0%	10 yr+	Net cash	22%	—	FY2025
15	Dassault Aviation SA AM · Paris	$25B	58/100 Médio	12.8%low 6.6%	10 yr+	Net cash	23%	—	FY2025
16	GEA GROUP G1A · XETRA	$11B	58/100 Médio	10.1%low -8.9%	6 yr	Net cash	32%	—	FY2025
17	Airbus SE AIR · XETRA	$172B	57/100 Médio	18.0%low -22.2%	5 yr	Net cash	14%	—	FY2025
18	Compagnie de Saint-Gobain S.A. SGO · Paris	$43B	57/100 Médio	8.7%low 2.2%	10 yr+	0.4×	26%	—	FY2025
19	Trelleborg AB (publ) TREL-B · ST	$10B	56/100 Médio	12.4%low -0.7%	6 yr	0.2×	34%	—	FY2025
20	Vinci S.A. DG · Paris	$73B	55/100 Médio	14.5%low 5.9%	10 yr+	0.6×	18%	—	FY2025
21	adidas AG ADS · XETRA	$30B	55/100 Médio	17.2%low -1.6%	2 yr	0.7×	50%	—	FY2025
22	VERBUND AG VER · VI	$22B	55/100 Médio	13.8%low 6.0%	10 yr+	0.2×	43%	—	FY2025
23	Deutsche Telekom AG DTE · XETRA	$140B	53/100 Médio	16.8%low 7.0%	10 yr+	2.1×	52%	—	FY2025
24	Endesa SA ELE · MC	$47B	53/100 Médio	20.1%low 2.2%	10 yr+	1.2×	28%	—	FY2025
25	Reckitt Benckiser Group PLC RKT · LSE	$42B	53/100 Médio	15.1%low -29.6%	4 yr	0.8×	60%	—	FY2025
26	Tesco PLC TSCO · LSE	$39B	53/100 Médio	9.9%low 5.7%	10 yr+	1.0×	7%	—	FY2026
27	Wartsila Oyj Abp WRT1V · HE	$19B	52/100 Médio	12.1%low -3.0%	3 yr	Net cash	42%	—	FY2025
28	Fresnillo PLC FRES · LSE	$23B	50/100 Médio	12.3%low 3.7%	10 yr+	Net cash	35%	—	FY2025
29	Eurofins Scientific SE ERF · Paris	$13B	50/100 Médio	10.6%low 6.1%	10 yr+	1.3×	55%	—	FY2025
30	Tele2 AB (publ) TEL2-B · ST	$12B	50/100 Médio	11.8%low -10.6%	9 yr	1.3×	40%	—	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.