Quality Momentum

QM · rank #2 · 2026-09-04

SZG

XETRA · EUR · $3.57B (USD)

SignalHold
verdict · CAUTION

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.
+150.31%
ROE TTM
Return on equity, trailing 12 months.
+1.4%
Profit margin
Net profit margin, trailing 12 months.
+0.6%
Market cap (USD)
Size filter: > $300M required (USD-equivalent).
$3.57B
Anchor (recent)
Close on 2026-08-05
$55.20
Anchor (far)
Close on 2025-08-05
$22.05

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

Salzgitter AG is a German steel and technology group engaged in integrated steel production, processing, and trading services for industrial customers.

Rationale

The momentum signal is supported by a sharp operational turnaround in H1 2026, where the P28 efficiency program and cost savings drove a swing to profitability and a raised full-year guidance.

Material risks

  • 1Extreme earnings dependency on non-core Aurubis investment contributions and convertible bond valuation fluctuations, which makes profitability highly sensitive to external copper and financial market dynamics.
  • 2High integration, capex, and restructuring risks associated with taking full ownership of Hüttenwerke Krupp Mannesmann (HKM) amid a weak macroeconomic environment.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.

OpenAI
Caution
Claude
Caution
Gemini
Proceed