QM · rank #14 · 2026-07-23
TPE
XETRA · EUR · $899M (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +117.42% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +1.4% |
| Profit margin Net profit margin, trailing 12 months. | +0.8% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $899M |
| Anchor (recent) Close on 2026-06-23 | $40.68 |
| Anchor (far) Close on 2025-06-23 | $18.71 |
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
PVA TePla AG designs and manufactures crystal-growing systems, industrial vacuum process equipment, and high-end metrology solutions for semiconductor wafers and advanced high-bandwidth memory (HBM) applications.
Rationale
The strong momentum signal is fundamentally supported by a 164% year-on-year surge in Q1 2026 order intake (yielding a 2.2x book-to-bill ratio), providing high visibility for a recovery in currently depressed trailing quality metrics (ROE and profit margins) as the backlog converts.
Material risks
- 1Execution and project-related delays could slow the conversion of the expanded order backlog into revenue, extending the current margin compression and exacerbating negative free cash flow and rising net debt.
- 2Extreme concentration of recent order growth in the HBM metrology segment leaves the company highly vulnerable to a niche technology shift, capital expenditure slowdowns, or key customers choosing to develop similar capabilities in-house.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.