QM · rank #16 · 2026-10-20
ASM
AMSTERDAM · EUR · $45.07B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +66.02% |
|---|---|
| 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). | $45.07B |
| Anchor (recent) Close on 2026-09-18 | $813.80 |
| Anchor (far) Close on 2025-09-19 | $490.19 |
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 NV designs and manufactures single-wafer atomic layer deposition (ALD), epitaxy, and CVD wafer-processing equipment for advanced logic/foundry and memory chipmakers.
Rationale
The strong quality-momentum signal (26.8% ROE, 31.9% profit margin, 0.66 momentum) is supported by record Q2 revenue of €1.003B, >55% ALD market share, and robust H2 2026 guidance driven by 2nm/1.4nm logic and HBM DRAM demand.
Material risks
- 1Near-term binary event risk from Q3 earnings scheduled seven days post-signal on October 27, 2026, compounded by concentration risk in a limited group of leading-edge logic and DRAM customers.
- 2Competitive encroachment in ALD and epitaxy from Applied Materials and Lam Research, combined with potential exposure to tightening China export controls.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.