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 market "Europe (incl. UK)", market cap "Large $10–200B", No report yet: 86 match(clear filters).

#	Ticker	Mkt Cap	Score▼	Baillie	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	Report	FY
1	Deutsche Börse AG DB1 · XETRA	$51B	92/100 Elite	—	18.7%low 16.8%	10 yr+	Net cash	59%	—	FY2025
2	Orion Oyj B ORNBV · HE	$12B	90/100 Elite	—	33.1%low 24.4%	10 yr+	0.1×	60%	—	FY2025
3	Schindler Ps SCHP · SW	$35B	89/100 Elite	—	21.3%low 14.1%	10 yr+	Net cash	40%	—	FY2025
4	EMS-CHEMIE HOLDING AG EMSN · SW	$24B	88/100 Elite	—	29.1%low 25.1%	10 yr+	Net cash	39%	—	FY2025
5	Geberit AG GEBN · SW	$22B	87/100 Elite	—	38.1%low 28.7%	10 yr+	0.5×	69%	—	FY2025
6	Coloplast A/S COLO-B · CO	$15B	87/100 Elite	—	48.7%low 22.6%	10 yr+	1.3×	68%	—	FY2025
7	Sage Group PLC SGE · LSE	$11B	87/100 Elite	—	24.2%low 15.0%	10 yr+	1.7×	89%	—	FY2025
8	Halma PLC HLMA · LSE	$17B	85/100 Elite	—	16.7%low 14.7%	10 yr+	0.4×	49%	—	FY2026
9	Wolters Kluwer N.V. WKL · Amsterdam	$16B	85/100 Elite	—	39.3%low 18.7%	10 yr+	5.3×	70%	—	FY2025
10	Logitech International S.A. LOGN · SW	$15B	85/100 Elite	—	26.9%low 16.1%	10 yr+	Net cash	40%	—	FY2026
11	Relx PLC REL · LSE	$58B	84/100 Elite	—	54.4%low 43.3%	10 yr+	3.0×	65%	—	FY2025
12	Legrand SA LR · Paris	$37B	84/100 Elite	—	16.0%low 13.9%	10 yr+	0.6×	52%	—	FY2025
13	Sonova H Ag SOON · SW	$17B	84/100 Elite	—	21.5%low 16.3%	10 yr+	0.4×	71%	—	FY2026
14	Euronext N.V. ENX · Paris	$16B	84/100 Elite	—	21.4%low 11.2%	10 yr+	0.4×	76%	—	FY2025
15	Ferguson Plc FERG · LSE	$43B	83/100 Elite	—	30.0%low 22.0%	10 yr+	0.9×	30%	—	FY2025
16	Experian PLC EXPN · LSE	$31B	82/100 Elite	—	27.3%low 20.1%	10 yr+	0.9×	42%	—	FY2026
17	Knorr-Bremse AG KBX · XETRA	$18B	81/100 Elite	—	25.5%low 14.6%	10 yr+	0.4×	49%	—	FY2025
18	Evolution AB (publ) EVO · ST	$15B	80/100 Elite	—	34.7%low 10.4%	10 yr+	Net cash	100%	—	FY2025
19	Schroders PLC SDR · LSE	$12B	80/100 Elite	—	12.9%low 9.2%	10 yr+	Net cash	77%	—	FY2025
20	VAT Group AG VACN · SW	$23B	79/100 Strong	—	25.0%low 13.2%	10 yr+	0.1×	48%	—	FY2025
21	Partners Group Holding AG PGHN · SW	$22B	79/100 Strong	—	42.6%low 35.4%	10 yr+	1.0×	71%	—	FY2025
22	Amundi SA AMUN · Paris	$21B	79/100 Strong	—	15.3%low 8.3%	10 yr+	Net cash	54%	—	FY2025
23	Imperial Brands PLC IMB · LSE	$28B	76/100 Strong	—	31.7%low 11.9%	10 yr+	1.8×	20%	—	FY2025
24	Beiersdorf Aktiengesellschaft BEI · XETRA	$18B	76/100 Strong	—	11.2%low 8.8%	10 yr+	Net cash	58%	—	FY2025
25	Siemens Healthineers AG SHL · XETRA	$45B	75/100 Strong	—	19.1%low 8.3%	10 yr+	0.7×	39%	—	FY2025
26	Coca Cola HBC AG CCH · LSE	$23B	75/100 Strong	—	17.5%low 12.0%	10 yr+	0.3×	37%	—	FY2025
27	AB Volvo (publ) VOLV-B · ST	$79B	71/100 Strong	—	20.9%low 13.3%	10 yr+	1.0×	24%	—	FY2025
28	Telenor ASA TEL · OL	$20B	71/100 Strong	—	25.4%low 5.6%	10 yr+	1.1×	75%	—	FY2025
29	Genmab A/S GMAB · CO	$18B	71/100 Strong	—	18.6%low 13.3%	10 yr+	0.7×	99%	—	FY2025
30	Capgemini SE CAP · Paris	$18B	70/100 Strong	—	13.3%low 9.8%	10 yr+	0.6×	26%	—	FY2025
31	Kerry Group KRZ · IR	$14B	70/100 Strong	—	12.8%low 9.7%	10 yr+	0.4×	47%	—	FY2025
32	Chocoladefabriken Lindt & Spruengli AG N LISN · SW	$131B	68/100 Strong	—	11.8%low 7.0%	10 yr+	0.2×	63%	—	FY2025
33	Koninklijke KPN NV KPN · Amsterdam	$17B	68/100 Strong	—	23.9%low 13.9%	10 yr+	3.2×	61%	—	FY2025
34	Diploma PLC DPLM · LSE	$12B	68/100 Strong	—	15.5%low 9.4%	10 yr+	0.4×	34%	—	FY2025
35	Essity AB (publ) ESSITY-B · ST	$20B	67/100 Strong	—	15.8%low 8.3%	10 yr+	0.3×	29%	—	FY2025
36	Boliden AB BOL · ST	$14B	66/100 Strong	—	15.8%low 10.8%	10 yr+	0.2×	18%	—	FY2025
37	Akzo Nobel NV AKZA · Amsterdam	$11B	66/100 Strong	—	16.4%low 8.1%	10 yr+	0.6×	41%	—	FY2025
38	Ipsen SA IPN · Paris	$15B	65/100 Strong	—	15.7%low -3.1%	6 yr	Net cash	81%	—	FY2025
39	Koninklijke Ahold Delhaize NV AD · Amsterdam	$33B	64/100 Medium	—	12.6%low 5.1%	10 yr+	0.0×	27%	—	FY2025
40	Legal & General Group PLC LGEN · LSE	$21B	64/100 Medium	—	17.0%low 5.4%	10 yr+	3.5×	97%	—	FY2025
41	Julius Baer Gruppe AG BAER · SW	$19B	61/100 Medium	—	11.8%low 7.4%	10 yr+	Net cash	89%	—	FY2025
42	Publicis Groupe SA PUB · Paris	$25B	59/100 Medium	—	10.7%low -8.7%	9 yr	0.1×	36%	—	FY2025
43	Compagnie Generale des Etablissements Michelin SCA ML · Paris	$25B	59/100 Medium	—	11.7%low 5.0%	10 yr+	0.1×	29%	—	FY2025
44	Eiffage SA FGR · Paris	$13B	59/100 Medium	—	13.3%low 7.1%	10 yr+	1.3×	47%	—	FY2025
45	Anheuser Busch Inbev SA NV ABI · BR	$160B	58/100 Medium	—	7.0%low 1.7%	10 yr+	0.7×	58%	—	FY2025
46	Dassault Aviation SA AM · Paris	$25B	58/100 Medium	—	12.8%low 6.6%	10 yr+	Net cash	23%	—	FY2025
47	GEA GROUP G1A · XETRA	$11B	58/100 Medium	—	10.1%low -8.9%	6 yr	Net cash	32%	—	FY2025
48	Airbus SE AIR · XETRA	$172B	57/100 Medium	—	18.0%low -22.2%	5 yr	Net cash	14%	—	FY2025
49	VERBUND AG VER · VI	$22B	55/100 Medium	—	13.8%low 6.0%	10 yr+	0.2×	43%	—	FY2025
50	Deutsche Telekom AG DTE · XETRA	$140B	53/100 Medium	—	16.8%low 7.0%	10 yr+	2.1×	52%	—	FY2025
51	Endesa SA ELE · MC	$47B	53/100 Medium	—	20.1%low 2.2%	10 yr+	1.2×	28%	—	FY2025
52	Reckitt Benckiser Group PLC RKT · LSE	$42B	53/100 Medium	—	15.1%low -29.6%	4 yr	0.8×	60%	—	FY2025
53	Tele2 AB (publ) TEL2-B · ST	$12B	50/100 Medium	—	11.8%low -10.6%	9 yr	1.3×	40%	—	FY2025
54	Heineken Holding NV HEIO · Amsterdam	$22B	49/100 Weak	—	16.9%low -1.3%	5 yr	1.8×	37%	—	FY2025
55	Rexel S.A RXL · Paris	$11B	46/100 Weak	—	6.9%low -6.9%	5 yr	0.8×	25%	—	FY2025
56	Iberdrola S.A. IBE · MC	$149B	45/100 Weak	—	9.8%low 7.3%	10 yr+	1.1×	46%	—	FY2025
57	Yara International ASA YAR · OL	$12B	45/100 Weak	—	8.6%low 0.2%	10 yr+	0.5×	26%	—	FY2025
58	Antofagasta PLC ANTO · LSE	$46B	44/100 Weak	—	9.7%low 1.8%	10 yr+	0.3×	45%	—	FY2025
59	Heidelberg Materials AG HEI · XETRA	$31B	44/100 Weak	—	6.1%low -15.8%	5 yr	0.3×	58%	—	FY2025
60	Orange S.A. ORA · Paris	$48B	43/100 Weak	—	7.6%low 0.9%	10 yr+	1.4×	36%	—	FY2025
61	Veolia Environnement VE SA VIE · Paris	$27B	43/100 Weak	—	9.4%low 1.2%	10 yr+	1.7×	17%	—	FY2025
62	Uniper SE UN0 · XETRA	$19B	42/100 Weak	—	-47.1%low -453.4%	3 yr	Net cash	2%	—	FY2025
63	Klepierre SA LI · Paris	$12B	41/100 Weak	—	6.6%low -9.6%	5 yr	0.9×	76%	—	FY2025
64	Severn Trent PLC SVT · LSE	$12B	41/100 Weak	—	16.9%low -6.9%	4 yr	5.5×	56%	—	FY2026
65	E.ON SE EOAN · XETRA	$53B	40/100 Weak	—	28.0%low 3.7%	9 yr	1.9×	19%	—	FY2025
66	InterContinental Hotels Group PLC IHG · LSE	$30B	40/100 Weak	—	51.3%^‡low -18.0%	5 yr	—	29%	—	FY2025
67	Koninklijke Philips NV PHIA · Amsterdam	$24B	38/100 Weak	—	6.3%low -12.1%	1 yr	0.5×	44%	—	FY2025
68	MTU Aero Engines AG MTX · XETRA	$21B	38/100 Weak	—	14.6%low -3.6%	2 yr	0.0×	15%	—	FY2025
69	Allegro.eu S.A. ALE · WAR	$12B	38/100 Weak	—	3.6%low -21.3%	3 yr	0.2×	80%	—	FY2025
70	Galp Energia SGPS S.A. GALP · LS	$17B	37/100 Weak	—	13.6%low -17.4%	5 yr	—	10%	—	FY2025
71	Carlsberg A/S CARL-B · CO	$19B	36/100 Weak	—	-2.5%low -175.6%	2 yr	2.2×	47%	—	FY2025
72	Neste Oil Oyj NESTE · HE	$25B	35/100 Weak	—	17.1%low -1.3%	1 yr	0.5×	14%	—	FY2025
73	Ferrovial S.A. FER · MC	$44B	31/100 Poor	—	9.9%low -13.3%	5 yr	1.1×	22%	—	FY2025
74	Airtel Africa Plc AAF · LSE	$15B	31/100 Poor	—	12.0%low -7.6%	2 yr	1.3×	63%	—	FY2026
75	Repsol S.A. REP · MC	$31B	30/100 Poor	—	4.3%low -16.2%	5 yr	0.3×	17%	—	FY2025
76	United Utilities Group PLC UU · LSE	$13B	30/100 Poor	—	10.9%low -1.9%	4 yr	4.3×	69%	—	FY2026
77	Argen-X ARGX · BR	$50B	29/100 Poor	—	-12.1%low -36.3%	2 yr	Net cash	16%	—	FY2025
78	Naturgy Energy Group SA NTGY · MC	$29B	26/100 Poor	—	11.0%low -25.8%	5 yr	1.3×	29%	—	FY2025
79	KGHM Polska Miedz SA KGH · WAR	$17B	26/100 Poor	—	5.1%low -27.7%	2 yr	0.2×	18%	—	FY2025
80	Telia Company AB TELIA · ST	$19B	25/100 Poor	—	0.2%low -35.8%	3 yr	1.8×	39%	—	FY2025
81	Getlink SE GET · Paris	$11B	25/100 Poor	—	5.2%low -17.4%	4 yr	1.3×	44%	—	FY2025
82	Engie S.A. ENGI · Paris	$74B	21/100 Poor	—	4.1%low -6.9%	5 yr	1.2×	23%	—	FY2025
83	Aeroports de Paris SA ADP · Paris	$13B	17/100 Poor	—	5.2%low -32.0%	4 yr	1.9×	46%	—	FY2025
84	Deutsche Lufthansa AG LHA · XETRA	$12B	17/100 Poor	—	-41.4%low -499.3%	4 yr	0.5×	6%	—	FY2025
85	International Consolidated Airlines Group S.A IAG · LSE	$24B	16/100 Poor	—	-57.7%low -529.4%	4 yr	0.8×	10%	—	FY2025
86	Carnival PLC CCL · LSE	$34B	6/100 Poor	—	-12.4%low -86.3%	2 yr	2.1×	7%	—	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.