QM · rank #2 · 2026-09-07
SMHN
XETRA · EUR · $1.51B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +169.71% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +8.2% |
| Profit margin Net profit margin, trailing 12 months. | +5.9% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $1.51B |
| Anchor (recent) Close on 2026-08-07 | $83.20 |
| Anchor (far) Close on 2025-08-08 | $30.85 |
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
SÜSS MicroTec manufactures precision semiconductor equipment focused on advanced packaging and inkjet deposition, with a record €473.7 million order book providing multi-year revenue visibility as of mid-2026.
Rationale
The quality_momentum signal is reinforced by a structurally-driven backlog (not sentiment rotation), sequential EBIT margin expansion from 4.3% to 9.0% within H1 2026, and a strategic collaboration with Manz Asia that extends the addressable market in a high-growth process node.
Material risks
- 1H1 2026 sales of €202.8 million were sharply below the €266.6 million prior-year period, and management explicitly flagged limited remaining production capacity, capping near-term upside and creating execution risk if backlog delivery slips into 2027 or beyond.
- 2Geopolitical exposure to Asian semiconductor customers and the new Manz Asia partnership introduces export-control vulnerability that could trigger order deferrals or cancellations from the concentrated backlog.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.