QM · rank #10 · 2026-09-08
NDA
XETRA · EUR · $8.89B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +83.31% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +18.3% |
| Profit margin Net profit margin, trailing 12 months. | +4.5% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $8.89B |
| Anchor (recent) Close on 2026-08-07 | $173.70 |
| Anchor (far) Close on 2025-08-08 | $94.76 |
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
Aurubis is Europe's largest copper producer and recycler, operating an integrated multimetal smelter network across Hamburg, Bulgaria, and Richmond (US) with a globally unique complex recycling capability.
Rationale
Strong 12-month price momentum (0.83) is reinforced by a concrete fundamental catalyst — 9M operating EBT up 31% YoY and guidance lifted to the upper end — while an 18% ROE signals the quality screen is capturing real capital efficiency, not just sector rotation.
Material risks
- 1Treatment and refining charge compression has already dented Q1 earnings and remains structurally exposed to concentrate market tightening, directly threatening the margin line (4.5% profit margin leaves little buffer) that underpins the quality signal.
- 2Simultaneous ramp-up of CRH Hamburg, Richmond multimetal smelter, and Bulgarian tankhouse expansion creates layered execution risk; cost overruns or delayed utilization could reverse the earnings trajectory that drove the momentum signal.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.