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. Filtered by score tier "Strong", market "US", market cap "Small <$2B": 28 match(clear filters).

#	Ticker	Mkt Cap	Score▼	Baillie	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	Report	FY
1	Dorchester Minerals LP DMLP · US	$1.3B	79/100 Strong	—	40.0%low 18.5%	10 yr+	Net cash	71%	—	FY2025
2	Evertec Inc EVTC · US	$1.9B	77/100 Strong	—	35.4%low 13.4%	10 yr+	1.3×	54%	—	FY2025
3	ODDITY Tech Ltd. Class A Ordinary Shares ODD · US	$654M	76/100 Strong	—	24.9%low 20.3%	6 yr	0.5×	70%	—	FY2025
4	Xpel Inc XPEL · US	$1.2B	75/100 Strong	—	28.4%low 7.5%	10 yr+	Net cash	35%	—	FY2025
5	Healthcare Services Group Inc HCSG · US	$1.6B	74/100 Strong	—	14.5%low 7.9%	10 yr+	Net cash	13%	—	FY2025
6	Diamond Hill Investment Group Inc DHIL · US	$473M	74/100 Strong	—	28.1%low 21.0%	10 yr+	Net cash	57%	—	FY2025
7	IDT Corporation IDT · US	$1.6B	73/100 Strong	—	21.3%low 0.6%	10 yr+	Net cash	23%	—	FY2025
8	InMode Ltd INMD · US	$870M	73/100 Strong	—	29.9%low 3.8%	10 yr+	Net cash	83%	—	FY2025
9	Global Industrial Co GIC · US	$1.4B	72/100 Strong	—	32.1%low -15.2%	9 yr	0.1×	33%	—	FY2025
10	Patria Investments Ltd PAX · US	$1.7B	71/100 Strong	—	33.7%low 14.0%	8 yr	0.2×	83%	—	FY2025
11	Cricut Inc CRCT · US	$984M	71/100 Strong	—	25.3%low 9.0%	8 yr	Net cash	40%	—	FY2025
12	Embecta Corp EMBC · US	$216M	71/100 Strong	—	50.5%^‡low 26.0%	7 yr	—	68%	—	FY2025
13	Innoviva Inc INVA · US	$1.5B	70/100 Strong	—	37.3%low 3.4%	10 yr+	Net cash	84%	—	FY2025
14	CRA International Inc CRAI · US	$1.2B	69/100 Strong	—	15.0%low 3.7%	10 yr+	0.5×	29%	—	FY2025
15	Consensus Cloud Solutions Inc CCSI · US	$670M	69/100 Strong	—	30.0%^‡low 21.0%	8 yr	36.7×	82%	—	FY2025
16	360 Finance Inc QFIN · US	$1.7B	68/100 Strong	—	27.8%low 19.5%	9 yr	Net cash	1%	—	FY2025
17	Ennis Inc EBF · US	$546M	68/100 Strong	—	11.0%low 0.7%	10 yr+	Net cash	30%	—	FY2026
18	Cadre Holdings Inc CDRE · US	$1.3B	67/100 Strong	—	20.5%low 3.5%	6 yr	0.6×	39%	—	FY2025
19	Hibbett Sports Inc HIBB · US	$1.0B	67/100 Strong	—	20.4%low 8.3%	10 yr+	0.8×	32%	—	FY2024
20	Papa John's International Inc PZZA · US	$984M	67/100 Strong	—	31.3%^‡low 10.2%	10 yr+	—	22%	—	FY2025
21	GigaCloud Technology Inc Class A Ordinary Shares GCT · US	$1.6B	66/100 Strong	—	25.9%low 10.5%	7 yr	0.1×	23%	—	FY2025
22	Arhaus Inc ARHS · US	$1.0B	66/100 Strong	—	37.2%low 16.1%	7 yr	0.8×	40%	—	FY2025
23	Vinci Partners Investments Ltd VINP · US	$646M	66/100 Strong	—	30.5%low 6.1%	8 yr	Net cash	78%	—	FY2025
24	Gravity Co Ltd GRVY · US	$430M	66/100 Strong	—	24.6%low -2.3%	9 yr	Net cash	38%	—	FY2025
25	The Wendy’s Co WEN · US	$1.4B	65/100 Strong	—	43.0%low 21.4%	10 yr+	32.7×	36%	—	FY2025
26	Afya Ltd AFYA · US	$1.3B	65/100 Strong	—	17.2%low 7.5%	9 yr	0.4×	59%	—	FY2025
27	Alexanders Inc ALX · US	$1.3B	65/100 Strong	—	25.9%low 8.4%	10 yr+	7.5×	67%	—	FY2025
28	G Willi-Food International Ltd WILC · US	$373M	65/100 Strong	—	12.4%low 2.8%	10 yr+	Net cash	28%	—	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.