Quality Momentum

QM · rank #5 · 2026-07-21

SMHN

XETRA · EUR · $1.73B (USD)

SignalStrong Buy3.9strength 3.9 / 10
verdict · PROCEED

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Momentum 12-1
Return from 12 months ago to 1 month ago.
+170.83%
ROE TTM
Return on equity, trailing 12 months.
+11.6%
Profit margin
Net profit margin, trailing 12 months.
+6.9%
Market cap (USD)
Size filter: > $300M required (USD-equivalent).
$1.73B
Anchor (recent)
Close on 2026-06-19
$111.70
Anchor (far)
Close on 2025-06-20
$41.24

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

SÜSS MicroTec SE (SMHN@XETRA) is a leading developer and manufacturer of specialized semiconductor backend equipment, focusing on wafer bonding and photomask handling solutions for advanced packaging [1, 2].

Rationale

The exceptional 12-month momentum of 170.8% is driven by AI advanced packaging tailwinds and MDAX index inclusion, while quality is validated by a robust €330.1m order backlog and positive free cash flows [1, 2].

Material risks

  • 1High execution and revenue-recognition risk, highlighted by a sharp year-on-year drop in Q1 2026 revenue and EPS despite record-high order inflows [1, 2].
  • 2Geopolitical exposure from Taiwan expansion and the long-term risk of key customers reshoring or developing competitive advanced packaging capabilities in-house [2].

AI verdict council

Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.

OpenAI
Proceed
Claude
Caution
Gemini
Proceed