Quality Momentum

QM · rank #14 · 2026-09-08

APR

GPW · PLN · $1.07B (USD)

SignalBuy1.5strength 1.5 / 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.
+48.41%
ROE TTM
Return on equity, trailing 12 months.
+16.1%
Profit margin
Net profit margin, trailing 12 months.
+4.9%
Market cap (USD)
Size filter: > $300M required (USD-equivalent).
$1.07B
Anchor (recent)
Close on 2026-08-07
$29.95
Anchor (far)
Close on 2025-08-08
$20.18

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

Auto Partner (APR) is a Polish importer and distributor of automotive spare parts serving independent workshops via electronic ordering and just-in-time logistics across Poland and expanding into Western Europe.

Rationale

The 48% trailing momentum signal is directly reinforced by Q2 2026 results that materially beat expectations — net profit +64% y/y, EBITDA +47% y/y, gross margin expanding 250bps to 29.3% — validating the quality screen's ROE and margin signals as fundamental rather than mean-reverting noise.

Material risks

  • 1Gross margin expansion is the core quality signal, but it is sourced from third-party supplier pricing dynamics rather than proprietary product or contract protection, meaning a reversal in supplier terms or intensified price competition in Western Europe could compress margins rapidly with no structural buffer.
  • 2Western European expansion via Zgorzelec is the primary growth vector but pits APR against entrenched international distributors (LKQ/Uni-Select, Alliance Automotive) in markets where APR lacks brand recognition, branch density, or long-term customer contracts, creating execution risk that could stall the revenue growth underpinning momentum.

AI verdict council

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

OpenAI
Proceed
Claude
Proceed
Gemini
Proceed