QM · rank #14 · 2026-07-21
HEIJM
AMSTERDAM · EUR · $3.00B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +126.74% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +25.8% |
| Profit margin Net profit margin, trailing 12 months. | +4.7% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $3.00B |
| Anchor (recent) Close on 2026-06-19 | $115.90 |
| Anchor (far) Close on 2025-06-20 | $51.12 |
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
Heijmans is an integrated Dutch construction and infrastructure group operating across residential development, non-residential construction, and infrastructure, underpinned by a €4.1 billion order book providing multi-year revenue visibility.
Rationale
The quality_momentum signal is reinforced by a 12-month price run to 17.5-year highs driven by verifiable fundamental delivery — 9.1% EBITDA margin, 25.75% ROE, net cash balance sheet, and a 40% order book expansion year-on-year — rather than sentiment alone.
Material risks
- 1Earnings are reported 3 days after the as-of date (2026-07-24), creating binary event risk that could gap the position against momentum if 2026 interim results or margin guidance disappoint relative to the elevated ~9.5% EBITDA target.
- 2The entire thesis is concentrated in the Dutch construction cycle — permitting delays, interest rate sensitivity on housing demand, or public infrastructure budget cuts could rapidly erode both order intake quality and the margin expansion trajectory underpinning the ROE signal.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.