QM · rank #5 · 2026-09-10
HOT
XETRA · EUR · $38.19B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +114.76% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +92.9% |
| Profit margin Net profit margin, trailing 12 months. | +2.2% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $38.19B |
| Anchor (recent) Close on 2026-08-11 | $444.80 |
| Anchor (far) Close on 2025-08-11 | $207.11 |
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
HOCHTIEF is a global engineering and construction group operating through Turner (US) and CIMIC (Australia), with a record ~EUR85bn order backlog concentrated in data centers, transportation, defense, and semiconductor facilities.
Rationale
The 12-1 momentum signal (1.15) is reinforced by fundamental substance — 35% H1 operational profit growth, a EUR1.5bn net cash swing, and a record backlog providing ~24 months of revenue visibility that underpins both quality (ROE 0.93) and earnings acceleration.
Material risks
- 1Hyperscale data center customers internalizing construction capabilities or sharply cutting capex would directly impair HOCHTIEF's fastest-growing order segment, the one most responsible for recent backlog momentum.
- 2Execution risk on the EUR85bn backlog is material — cost inflation or project disputes on even a handful of large complex contracts could compress margins and break the profit-growth narrative driving the momentum signal.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.