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 market "US", market cap "Large $10–200B", Has report: 11 match(limpar filtros).

# Ativo Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Relatório FY
1 NetEase Inc NTES · EUA $85B
92/100 Excepcional
21.6%low 13.4% 10 yr+ Net cash 57% Pesquisa aprofundada sobre a NetEase, Inc.15 de junho de 2026 · Manter FY2025
2 GlaxoSmithKline PLC ADR GSK · EUA $103B
84/100 Excepcional
34.6%low 18.4% 10 yr+ 0.9× 68% GSK plc: Biofarmacêutica Reconstruída, Correndo Contra o Penhasco de Patentes27 de junho de 2026 · Manter FY2025
3 Heico Corporation HEI · EUA $50B
78/100 Forte
15.7%low 12.8% 10 yr+ 0.5× 41% HEICO Corporation: Pesquisa Aprofundada15 de junho de 2026 · Manter FY2025
4 Toll Brothers Inc TOL · EUA $14B
71/100 Forte
15.1%low 9.0% 10 yr+ 0.2× 23% Pesquisa aprofundada sobre Toll Brothers15 de junho de 2026 · Manter FY2025
5 New York Times Company NYT · EUA $12B
69/100 Forte
10.6%low 0.5% 10 yr+ Net cash 51% The New York Times: economia de pacote a valor cheio17 de junho de 2026 · Manter FY2025
6 On Holding Ltd ONON · EUA $13B
48/100 Fraco
1.3%low -20.1% 4 yr Net cash 58% On Holding: crescimento premium, precificada para a perfeição17 de junho de 2026 · Manter FY2025
7 MercadoLibre Inc. MELI · EUA $95B
47/100 Fraco
15.4%low -10.9% 5 yr 0.8× 49% MercadoLibre: Uma Análise de Investimento Sob a Ótica de um Proprietário de Negócio de Longo Prazo22 de maio de 2026 · Observar FY2025
8 Shopify Inc SHOP · EUA $152B
44/100 Fraco
-0.3%low -42.0% 3 yr Net cash 52% Shopify: uma plataforma de infraestrutura para comércio23 de maio de 2026 · Observar FY2025
9 argenx NV ADR ARGX · EUA $53B
38/100 Fraco
-12.2%low -36.3% 2 yr Net cash 91% argenx (ARGX.US / ARGX.BR): Um Relatório Zen Horizon9 de junho de 2026 · Observar FY2025
10 Royal Gold Inc RGLD · EUA $17B
37/100 Fraco
5.7%low -5.4% 7 yr 0.1× 79% Pesquisa aprofundada sobre a Royal Gold15 de junho de 2026 · Manter FY2025
11 Sea Ltd SE · EUA $65B
34/100 Ruim
-41.2%low -125.8% 3 yr Net cash 33% Sea Limited (SE.US) Relatório Zen Horizon9 de junho de 2026 · Observar 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.