QM · rank #7 · 2026-09-10
ASM
AMSTERDAM · EUR · $47.63B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +109.99% |
|---|---|
| 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). | $47.63B |
| Anchor (recent) Close on 2026-08-11 | $880.00 |
| Anchor (far) Close on 2025-08-11 | $419.07 |
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 leading wafer-processing equipment supplier specializing in advanced deposition tools critical for leading-edge logic/foundry and HBM DRAM scaling.
Rationale
Record Q2 2026 revenue of €1,003M (+24% YoY), 51.9% gross margin, 26.8% ROE, and 31.9% net margin confirm the quality signals, while 12-month price momentum reflects genuine earnings acceleration rather than sentiment drift.
Material risks
- 1China export-control tightening could abruptly cut off the mature-node logic/foundry revenue stream that contributed meaningfully to Q2 2026 results, directly compressing the growth rate underpinning momentum.
- 2No long-term fixed backlog means revenue visibility is cycle-dependent; a capex rotation by TSMC or HBM DRAM customers could rapidly deflate both earnings and the momentum signal simultaneously.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.