Quality gates – requires decade-long margin stability, fortress balance sheet, and proven management
Moat scoring – Moat means a durable competitive advantage. Rated wide, narrow, or unrated using long-run return-on-equity consistency and capital efficiency.
Valuation frame – Owner Earnings (operating cash flow minus capex), intrinsic value estimate, and margin of safety vs current price.
Earnings Yield + ROIC Rank – cross-check favoring cheap, high return-on-invested-capital businesses (Greenblatt magic formula).
Scores above 85 qualify for this board - top ~20% of candidates evaluated this run.
