← Quality Momentum

QM · rank #6 · 2026-10-27

SZG

XETRA · EUR · $2.76B (USD)

SignalHold
verdict · CAUTION

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Momentum 12-1
Return from 12 months ago to 1 month ago.
+106.93%
ROE TTM
Return on equity, trailing 12 months.
+1.4%
Profit margin
Net profit margin, trailing 12 months.
+0.6%
Market cap (USD)
Size filter: > $300M required (USD-equivalent).
$2.76B
Anchor (recent)
Close on 2026-09-25
$52.40
Anchor (far)
Close on 2025-09-26
$25.32

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

Salzgitter AG is a German integrated steel, steel-processing, trading, and technology group transitioning its core production to hydrogen-based direct reduction and electric-arc furnace technology.

Rationale

The strong 12-1 month price momentum signal is validated by a sharp H1 2026 operational turnaround and upgraded 2026 guidance targeting €725–825 million in EBITDA VX.

Material risks

  • 1Execution delays and cost overruns across the SALCOS and HKM transformation plans, exacerbated by uncompetitive German electricity and hydrogen costs.
  • 2Steel market commoditization and import pressure if European customers resist paying green-steel price premiums.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.

OpenAI
Caution
Claude
Caution
Gemini
Proceed