QM · rank #11 · 2026-10-27
ELG
XETRA · EUR · $2.47B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +81.50% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +18.0% |
| Profit margin Net profit margin, trailing 12 months. | +16.4% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $2.47B |
| Anchor (recent) Close on 2026-09-25 | $146.00 |
| Anchor (far) Close on 2025-09-26 | $80.44 |
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
Elmos Semiconductor SE is a fabless automotive mixed-signal IC specialist generating ~92% of revenue from automotive applications including ADAS, motor control, lighting, and ultrasonic sensing.
Rationale
Strong 12-1 momentum (0.82) is fundamentally anchored by a real earnings inflection — H1 2026 EBIT up 36% YoY with 24.1% margins — as automotive inventory destocking ends and China/Asia ramps accelerate, making the quality-momentum pairing credible rather than sentiment-only.
Material risks
- 1No demonstrated sole-supplier position means Tier 1s and OEMs can qualify competing analog/mixed-signal vendors or develop functionality in-house, which is the primary structural disqualifier for a moat-dependent thesis — though this is a quality-momentum screen, not a bottleneck-solver thesis, so it is a risk to monitor rather than an automatic disqualifier.
- 292% automotive revenue concentration means any renewed OEM/Tier 1 inventory correction or China demand softness — the same cycle that drove the current recovery — could rapidly reverse the earnings momentum underpinning the signal.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.