Quality Momentum

QM · rank #16 · 2026-07-24

ASM

AMSTERDAM · EUR · $50.32B (USD)

SignalBuy1.4strength 1.4 / 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.
+82.00%
ROE TTM
Return on equity, trailing 12 months.
+24.9%
Profit margin
Net profit margin, trailing 12 months.
+31.0%
Market cap (USD)
Size filter: > $300M required (USD-equivalent).
$50.32B
Anchor (recent)
Close on 2026-06-24
$969.20
Anchor (far)
Close on 2025-06-24
$532.53

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

ASM International NV is a leading semiconductor equipment manufacturer specializing in atomic layer deposition (ALD) and single-wafer epitaxy tools essential for advanced logic and memory nodes.

Rationale

The quality-momentum signal is validated by high return metrics (24.9% ROE, 31% margin) and strong price momentum supported by secular AI-driven demand and positive guidance revisions.

Material risks

  • 1High customer concentration with the top five customers generating 51% of revenue, making ASM vulnerable to capex delays or potential in-house deposition development by these key accounts.
  • 2Geopolitical and export-control restrictions, particularly involving China, which could choke off shipments and disrupt the recent rebound in China-related orders.

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