QM · rank #8 · 2026-09-04
ASM
AMSTERDAM · EUR · $44.53B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +98.79% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +26.8% |
| Profit margin Net profit margin, trailing 12 months. | +31.9% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $44.53B |
| Anchor (recent) Close on 2026-08-05 | $820.20 |
| Anchor (far) Close on 2025-08-05 | $412.59 |
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 is a Dutch semiconductor equipment leader specializing in atomic layer deposition and epitaxy tools critical to advanced logic, foundry, and HBM DRAM manufacturing.
Rationale
Near-100% momentum_12_1, 32% profit margins, and 27% ROE are directly validated by record Q2 2026 results — €1,003M revenue (+24% YoY), 51.9% gross margin, and a raised 2027 outlook — confirming that quality fundamentals are driving, not lagging, price appreciation.
Material risks
- 1U.S./Dutch export control tightening on advanced deposition tools to China could abruptly impair the mature logic/foundry revenue stream that management currently treats as unaffected, creating a gap versus the elevated 2027 guidance.
- 2The raised 2027 outlook is heavily concentrated on AI infrastructure and HBM DRAM capex cycles; any deceleration in hyperscaler or memory investment would disproportionately hit ASM given the magnitude of the guidance step-up.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.