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 "Forte", market "Europe (incl. UK)", Has report: 29 match(limpar filtros).

# Ativo Mkt Cap Score Baillie 10Y ROE Profit Streak Net Debt/Eq Gross Margin Relatório FY
1 Sandvik AB SAND · ST $48B
79/100 Forte
44/100 16.8%low 12.6% 10 yr+ 0.3× 40% Sandvik AB: A Record 22.6% Margin With SEK 550 Million of Tungsten Inside It, and No Margin of Safety at SEK 368.7021 de agosto de 2026 · Hold FY2025
2 Novartis AG NOVN · SW $306B
78/100 Forte
46/100 20.9%low 9.0% 10 yr+ 0.6× 71% Novartis (NVS) Zen Horizon Research Report8 de junho de 2026 · Hold FY2025
3 Rio Tinto PLC RIO · LSE $148B
78/100 Forte
38/100 22.4%low 11.8% 10 yr+ 0.2× 61% Rio Tinto: Copper EBITDA Rose 84% on 1% More Production, and £73.74 Sits Inside a £62–82 Hold Band14 de setembro de 2026 · Hold FY2025
4 Swisscom AG SCMN · SW $41B
78/100 Forte
37/100 16.8%low 10.4% 10 yr+ 0.2× 80% Swisscom AG: A 4.25% Dividend, a Finite Italian Synergy Bridge, and No Margin of Safety at CHF 63520 de agosto de 2026 · Hold FY2025
5 Next PLC NXT · LSE $22B
78/100 Forte
43/100 55.5%low 43.4% 10 yr+ 1.0× 40% NEXT plc: 23.9% International Growth, a £16.9 Million Platform, and 19.2 Times Earnings30 de agosto de 2026 · Hold FY2026
6 Jeronimo Martins SGPS SA JMT · LS $12B
78/100 Forte
42/100 22.6%low 15.5% 10 yr+ 21% Jerónimo Martins: EBITDA Up 7.6%, Net Profit Down 3.5%, and No Conservative Margin of Safety31 de agosto de 2026 · Hold FY2025
7 ABB Ltd ABBN · SW $183B
77/100 Forte
46/100 21.9%low 8.1% 10 yr+ 0.2× 33% ABB Ltd: 58% Electrification Order Growth, and a 19.5x EBITDA Test of Capital Discipline11 de agosto de 2026 · Hold FY2025
8 Thales S.A. HO · Paris $55B
77/100 Forte
46/100 16.8%low 9.5% 10 yr+ 0.2× 25% Thales: A Genuine Defence-Electronics Quality Compounder, Priced Like the Best Case Is Already Locked In7 de julho de 2026 · Hold FY2025
9 Bunzl PLC BNZL · LSE $11B
76/100 Forte
39/100 19.3%low 16.5% 10 yr+ 0.8× 20% Bunzl: 0.4% Underlying Growth, 237 Acquisitions, and 15.6 Times Earnings29 de agosto de 2026 · Hold FY2025
10 Eckert & Ziegler Strahlen- und Medizintechnik AG EUZ · XETRA $1.0B
76/100 Forte
44/100 14.4%low 9.1% 10 yr+ Net cash 48% Eckert & Ziegler SE: A Better Business, Not Yet a Better Price15 de julho de 2026 · Hold FY2025
11 Deutsche Post AG DHL · XETRA $70B
75/100 Forte
38/100 19.6%low 14.0% 10 yr+ 0.9× 11% DHL AG: Express Supplies 60% of H1 Group EBIT on 31% of Revenue and German Mail Volume Falls 15%, but EUR 55.02 Sits 30% Above the EUR 42.2 Conservative Value14 de setembro de 2026 · Hold FY2025
12 Intertek Group PLC ITRK · LSE $11B
75/100 Forte
45/100 30.4%low 22.5% 10 yr+ 1.2× 32% Intertek: um compounder de qualidade sob uma oferta de aquisição17 de junho de 2026 · Manter FY2025
13 Orkla ASA ORK · OL $11B
75/100 Forte
35/100 14.3%low 9.8% 10 yr+ 0.3× 50% Orkla: Zero Organic Growth in the Controlled Portfolio, Jotun Operating Profit Up 21%, and a 21% NAV Discount at NOK 97.1025 de agosto de 2026 · Hold FY2025
14 Alfa Laval AB ALFA · ST $25B
74/100 Forte
47/100 15.9%low 11.4% 10 yr+ 0.3× 34% Alfa Laval: A 35% Order Surge, a 2% Profit Increase, and 29 Times Earnings27 de agosto de 2026 · Hold FY2025
15 SGS SA SGSN · SW $24B
74/100 Forte
44/100 48.5%low 30.6% 10 yr+ 3.3× 48% SGS: compounder de TIC de alta qualidade negociada ao valor justo17 de junho de 2026 · Manter FY2025
16 Skanska AB (publ) SKA-B · ST $12B
74/100 Forte
38/100 15.3%low 8.9% 10 yr+ Net cash 9% Skanska AB: A Record SEK 297.5bn Backlog Rests on a 4.3% Contractor Margin, and SEK 271.90 Leaves No Conservative Margin of Safety5 de setembro de 2026 · Hold FY2025
17 JD Sports Fashion PLC JD · LSE $5.4B
74/100 Forte
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 Control2 de setembro de 2026 · Watch FY2026
18 Prosus N.V. PRX · Amsterdã $92B
72/100 Forte
46/100 23.9%low 13.0% 10 yr+ 0.1× 37% Prosus N.V.: A 38.4% NAV Discount, a Tencent-Funded Buyback, and No Conservative Margin of Safety20 de agosto de 2026 · Hold FY2026
19 ACS Actividades de Construccion y Servicios SA ACS · MC $32B
72/100 Forte
44/100 20.8%low 12.0% 10 yr+ 0.4× 30% ACS Equity Research: Construction Scale, AI Infrastructure, and the Cost of a Re-rating21 de agosto de 2026 · Hold FY2025
20 UCB SA UCB · BR $45B
71/100 Forte
50/100 10.2%low 3.8% 10 yr+ Net cash 71% UCB SA: A Specialty-Biopharma Growth Platform That Has Already Re-Rated29 de junho de 2026 · Hold FY2025
21 Bureau Veritas SA BVI · Paris $13B
70/100 Forte
47/100 27.2%low 10.1% 10 yr+ 1.0× 30% Bureau Veritas: TIC de qualidade, precificada para reaceleração17 de junho de 2026 · Manter FY2025
22 Valmet Oyj VALMT · HE $5.2B
70/100 Forte
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 Priced2 de setembro de 2026 · Hold FY2025
23 Schneider Electric S.E. SU · Paris $176B
68/100 Forte
45/100 12.5%low 8.5% 10 yr+ 0.6× 40% Schneider Electric (SU.PA) Zen Horizon Research Report5 de junho de 2026 · Watch FY2025
24 H & M Hennes & Mauritz AB (publ) HM-B · ST $30B
68/100 Forte
32/100 20.2%low 2.3% 10 yr+ 2.4× 52% H&M: The Margin Repair Is Real, the Growth Engine Is Not, and 23.8x Leaves No Cushion20 de agosto de 2026 · Hold FY2025
25 Compagnie Financière Richemont SA CFR · SW $143B
67/100 Forte
48/100 9.6%low 1.7% 10 yr+ Net cash 64% Compagnie Financière Richemont SA: Jewellery Earns EUR 5.04bn of Operating Profit While Watchmakers Earn EUR 107m, and CHF 183.65 Sits 18% Above the Conservative Value9 de setembro de 2026 · Hold FY2026
26 ASM International NV ASM · Amsterdã $42B
67/100 Forte
45/100 16.8%low 6.7% 10 yr+ Net cash 47% ASM International Deep Value Investment Analysis4 de junho de 2026 · Watch FY2025
27 Hexagon AB (publ) HEXA-B · ST $25B
67/100 Forte
50/100 10.6%low 6.0% 10 yr+ 0.3× 64% Hexagon AB (HEXA-B.ST) Zen Horizon Deep-Dive Research Report9 de junho de 2026 · Watch FY2025
28 SCHOTT Pharma AG & Co. KGaA 1SXP · XETRA $2.9B
67/100 Forte
35/100 20.6%low 16.4% 6 yr 35% SCHOTT Pharma: A GLP-1 Boom Priced by the Dose, Not the Drug, and a Capacity Bill That Has Yet to Prove Its Return6 de agosto de 2026 · Hold FY2025
29 Danone SA BN · Paris $47B
66/100 Forte
40/100 11.2%low 5.4% 10 yr+ 0.5× 49% Danone: 55% of Profit in One Category, a Shrinking Chinese Birth Cohort, and Why 17.3x Leaves No Margin of Safety20 de agosto de 2026 · Hold 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.