QM · rank #12 · 2026-10-23
ASM
AMSTERDAM · EUR · $38.85B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +70.98% |
|---|---|
| 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). | $38.85B |
| Anchor (recent) Close on 2026-09-23 | $851.40 |
| Anchor (far) Close on 2025-09-23 | $497.96 |
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 supplies single-wafer atomic layer deposition (ALD), epitaxy, and chemical vapor deposition wafer-processing tools for advanced logic and memory manufacturing.
Rationale
Top-tier profitability (31.9% profit margin, 26.8% ROE) and strong 12-1 momentum (0.71) validate the quality_momentum signal, backed by record free cash flow and guidance for >20% H2 revenue growth.
Material risks
- 1Erosion of ASM's >55% ALD market leadership if key logic and memory customers dual-source deposition tools or co-develop process capabilities with Applied Materials or Lam Research.
- 2High demand concentration among leading AI logic and HBM DRAM customers alongside ongoing China export restriction risks and 4-day earnings event volatility.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.