QM · rank #8 · 2026-07-20
BESI
AMSTERDAM · EUR · $21.39B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +153.15% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +31.3% |
| Profit margin Net profit margin, trailing 12 months. | +24.0% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $21.39B |
| Anchor (recent) Close on 2026-06-19 | $309.80 |
| Anchor (far) Close on 2025-06-20 | $122.38 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Besi is a Netherlands-based semiconductor assembly equipment leader specializing in hybrid bonding and advanced packaging tools, serving AI, data centre, photonics and high-end mobile customers globally.
Rationale
The quality_momentum signal is directly reinforced by Q1-26 orders doubling YoY to €269.7M, a 28% ROE, ~28% net margins, and an Investor Day that raised long-term targets—momentum and quality metrics reflect genuine fundamental acceleration in hybrid bonding adoption, not sentiment rotation.
Material risks
- 1Q2 2026 earnings drop on July 23 (3 days post as_of_date) creates binary event risk—Q2 revenue guidance of +30–40% QoQ sets a high bar, and any miss or cautious H2 commentary on AI capex could sharply reverse the momentum signal.
- 2Concentration in AI/data centre/photonics capex cycles means order momentum is structurally exposed to a single spending theme; a pullback in hyperscaler advanced packaging investment would compress both revenue visibility and the quality metrics underpinning the screen.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.