Quality Momentum

QM · rank #17 · 2026-07-27

ASM

AMSTERDAM · EUR · $50.32B (USD)

SignalBuy1.2strength 1.2 / 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.
+74.81%
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 2026-06-26
$948.00
Anchor (far)
Close on 2025-06-27
$542.29

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 Dutch semiconductor equipment manufacturer specializing in atomic layer deposition (ALD) and epitaxy tools critical for advanced logic and memory nodes [9].

Rationale

Strong quality-momentum metrics, including a 24.94% ROE and 0.7481 momentum score, are fundamentally supported by record 33% operating margins [1], a rising AI-driven backlog [1], and management guidance of a stronger second half of 2026 [1].

Material risks

  • 1Extreme customer concentration, with the top five logic and memory customers representing 51% of total revenue, exposing ASM to capex delays or potential in-house technology development by a key client [9].
  • 2Geopolitical and export-control restrictions, particularly regarding advanced shipments to China, which could derail the recent rebound in China-related order momentum [1, 9].

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