QM · rank #5 · 2026-10-20
NDX1
XETRA · EUR · $10.42B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +87.95% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +32.4% |
| Profit margin Net profit margin, trailing 12 months. | +5.0% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $10.42B |
| Anchor (recent) Close on 2026-09-18 | $39.32 |
| Anchor (far) Close on 2025-09-19 | $20.92 |
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
Nordex SE is a European onshore wind-turbine OEM offering N131–N175 turbine platforms, installation, and multi-year Premium Service contracts with an €18B+ combined order book.
Rationale
The 88% trailing momentum is grounded in fundamental delivery — Q3 EBITDA more than doubled YoY, free cash flow surged to €379M, and management raised full-year EBITDA-margin guidance to 11.5–12.5%, validating the quality_momentum screen rather than reflecting mere sentiment rotation.
Material risks
- 1Turbine pricing is not structurally protected — Vestas, Siemens Gamesa, and increasingly competitive Chinese suppliers can commoditize margins, and the newly raised margin outlook depends on the large order book converting under current favorable supply-chain conditions that may not persist.
- 2U.S. policy and tariff exposure is material given re-established U.S. order intake; a permitting reversal or trade restriction could cancel booked GW and impair the revenue ramp underpinning the €8.2–9.0B full-year sales guide.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.