View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsVarta 将来の成長Future 基準チェック /06Varta利益と収益がそれぞれ年間78.6%と4.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に0.2% 78.9%なると予測されています。主要情報78.6%収益成長率78.88%EPS成長率Electrical 収益成長27.0%収益成長率4.5%将来の株主資本利益率0.17%アナリストカバレッジLow最終更新日24 Jan 2025今後の成長に関する最新情報Price Target Changed • Apr 15Price target decreased by 13% to €16.93Down from €19.37, the current price target is an average from 6 analysts. New target price is 90% above last closing price of €8.94. Stock is down 65% over the past year. The company is forecast to post a net loss per share of €2.07 next year compared to a net loss per share of €4.96 last year.Price Target Changed • Jul 30Price target decreased by 10% to €19.51Down from €21.79, the current price target is an average from 7 analysts. New target price is 5.3% below last closing price of €20.60. Stock is down 74% over the past year. The company is forecast to post a net loss per share of €1.87 next year compared to a net loss per share of €4.96 last year.お知らせ • Jul 27Varta AG Revises Earnings Guidance for the Year 2023Varta AG revised earnings guidance for the year 2023. On the basis of preliminary figures, the company is revising its forecast for the 2023 financial year. The now expects sales at the lower end of the previous guidance of around EUR 820 million.Major Estimate Revision • Jul 27Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €839.1m to €827.0m. Losses expected to increase from €1.55 per share to €1.87. Electrical industry in Germany expected to see average net income growth of 15% next year. Consensus price target down from €22.23 to €21.57. Share price was steady at €21.93 over the past week.Price Target Changed • May 24Price target decreased by 15% to €21.79Down from €25.50, the current price target is an average from 7 analysts. New target price is 33% above last closing price of €16.38. Stock is down 79% over the past year. The company is forecast to post a net loss per share of €1.55 next year compared to a net loss per share of €4.96 last year.Major Estimate Revision • May 23Consensus EPS estimates fall by 63%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €864.1m to €848.3m. Losses expected to increase from €0.95 per share to €1.55. Electrical industry in Germany expected to see average net income growth of 15% next year. Consensus price target down from €25.51 to €23.94. Share price fell 6.0% to €18.72 over the past week.すべての更新を表示Recent updatesNew Risk • Nov 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €93.6m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (31% average weekly change). Minor Risks High level of debt (59% net debt to equity). Market cap is less than US$100m (€93.6m market cap, or US$98.6m).お知らせ • Jul 24Varta AG(XTRA:VAR1) dropped from S&P Global BMI IndexVarta AG(XTRA:VAR1) dropped from S&P Global BMI IndexNew Risk • Jul 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €85.4m (US$92.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (24% average weekly change). Minor Risks High level of debt (59% net debt to equity). Market cap is less than US$100m (€85.4m market cap, or US$92.6m).お知らせ • Jul 13Varta AG to Report Fiscal Year 2023 Final Results on Aug 16, 2024Varta AG announced that they will report fiscal year 2023 final results at 9:00 AM, Central European Standard Time on Aug 16, 2024お知らせ • May 11Varta AG(XTRA:VAR1) dropped from Germany SDAX (Total Return) IndexVarta AG has been dropped from Germany Small DAX (Total Return) Index (SDAX) .お知らせ • May 08+ 1 more updateVarta AG Announces CEO ChangesAt its meeting 6 May 2024, the Supervisory Board of VARTA AG appointed Michael Ostermann as a member of the Executive Board with effect from 6 May 2024. He will also become the new Chairman (CEO) of the Executive Board. The Supervisory Board and Dr. Markus Hackstein jointly agreed that Dr. Hackstein will relinquish his function as Spokesman of the Executive Board as of 6 May 2024. He will remain a member of the Executive Board of VARTA AG.お知らせ • Apr 23Varta AG to Report Fiscal Year 2023 Results on Jun 28, 2024Varta AG announced that they will report fiscal year 2023 results at 9:00 AM, Central European Standard Time on Jun 28, 2024Price Target Changed • Apr 15Price target decreased by 13% to €16.93Down from €19.37, the current price target is an average from 6 analysts. New target price is 90% above last closing price of €8.94. Stock is down 65% over the past year. The company is forecast to post a net loss per share of €2.07 next year compared to a net loss per share of €4.96 last year.分析記事 • Apr 13Investors Don't See Light At End Of Varta AG's (ETR:VAR1) Tunnel And Push Stock Down 34%Unfortunately for some shareholders, the Varta AG ( ETR:VAR1 ) share price has dived 34% in the last thirty days...New Risk • Apr 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks High level of debt (59% net debt to equity). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).分析記事 • Mar 18Is Varta AG (ETR:VAR1) Potentially Undervalued?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it saw significant share price movement during recent months...分析記事 • Feb 24Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 40% Above Its Share PriceKey Insights The projected fair value for Varta is €21.09 based on 2 Stage Free Cash Flow to Equity Varta's €15.05...Buy Or Sell Opportunity • Feb 16Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to €16.18. The fair value is estimated to be €21.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 98% in the next 2 years.分析記事 • Feb 02Varta AG's (ETR:VAR1) Business Is Trailing The Industry But Its Shares Aren'tWith a median price-to-sales (or "P/S") ratio of close to 1x in the Electrical industry in Germany, you could be...分析記事 • Dec 21Is Varta (ETR:VAR1) Using Debt In A Risky Way?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Nov 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 59% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).お知らせ • Nov 17+ 4 more updatesVarta AG, Annual General Meeting, May 23, 2024Varta AG, Annual General Meeting, May 23, 2024.Reported Earnings • Nov 15Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: €0.13 loss per share (improved from €0.57 loss in 3Q 2022). Revenue: €234.8m (up 20% from 3Q 2022). Net loss: €5.40m (loss narrowed 76% from 3Q 2022). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 72%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.分析記事 • Nov 14Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it received a lot of attention from a substantial price...Buying Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €22.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 97% in the next 2 years.Buying Opportunity • Sep 21Now 21% undervaluedOver the last 90 days, the stock is up 3.9%. The fair value is estimated to be €22.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 97% in the next 2 years.分析記事 • Sep 20Health Check: How Prudently Does Varta (ETR:VAR1) Use Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Aug 20A Look At The Fair Value Of Varta AG (ETR:VAR1)Key Insights Varta's estimated fair value is €22.53 based on 2 Stage Free Cash Flow to Equity With €19.98 share price...Reported Earnings • Aug 13Second quarter 2023 earnings released: €1.70 loss per share (vs €0.08 loss in 2Q 2022)Second quarter 2023 results: €1.70 loss per share (further deteriorated from €0.08 loss in 2Q 2022). Revenue: €191.0m (down 2.0% from 2Q 2022). Net loss: €72.6m (loss widened €69.4m from 2Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.分析記事 • Jul 30Is It Time To Consider Buying Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it led the XTRA gainers with a relatively large price hike...Price Target Changed • Jul 30Price target decreased by 10% to €19.51Down from €21.79, the current price target is an average from 7 analysts. New target price is 5.3% below last closing price of €20.60. Stock is down 74% over the past year. The company is forecast to post a net loss per share of €1.87 next year compared to a net loss per share of €4.96 last year.お知らせ • Jul 27Varta AG Revises Earnings Guidance for the Year 2023Varta AG revised earnings guidance for the year 2023. On the basis of preliminary figures, the company is revising its forecast for the 2023 financial year. The now expects sales at the lower end of the previous guidance of around EUR 820 million.Major Estimate Revision • Jul 27Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €839.1m to €827.0m. Losses expected to increase from €1.55 per share to €1.87. Electrical industry in Germany expected to see average net income growth of 15% next year. Consensus price target down from €22.23 to €21.57. Share price was steady at €21.93 over the past week.New Risk • Jul 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).Price Target Changed • May 24Price target decreased by 15% to €21.79Down from €25.50, the current price target is an average from 7 analysts. New target price is 33% above last closing price of €16.38. Stock is down 79% over the past year. The company is forecast to post a net loss per share of €1.55 next year compared to a net loss per share of €4.96 last year.Major Estimate Revision • May 23Consensus EPS estimates fall by 63%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €864.1m to €848.3m. Losses expected to increase from €0.95 per share to €1.55. Electrical industry in Germany expected to see average net income growth of 15% next year. Consensus price target down from €25.51 to €23.94. Share price fell 6.0% to €18.72 over the past week.Reported Earnings • May 01Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: €4.96 loss per share (down from €3.12 profit in FY 2021). Revenue: €896.5m (down 1.7% from FY 2021). Net loss: €200.4m (down 259% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 102%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 31% per year.分析記事 • Mar 31Varta (ETR:VAR1) Will Be Hoping To Turn Its Returns On Capital AroundTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €23.80, the stock trades at a trailing P/E ratio of 32.1x. Average forward P/E is 20x in the Electrical industry in Germany. Total loss to shareholders of 60% over the past three years.Major Estimate Revision • Feb 12Consensus EPS estimates upgraded to €1.21 lossThe consensus outlook for fiscal year 2022 has been updated. 2022 losses forecast to reduce from -€1.35 to -€1.21 per share. Revenue forecast steady at €809.0m. Electrical industry in Germany expected to see average net income decline 23% next year. Consensus price target of €27.06 unchanged from last update. Share price fell 4.4% to €27.81 over the past week.分析記事 • Feb 02Is There Now An Opportunity In Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), is not the largest company out there, but it saw a significant share price rise of over 20% in...Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to €25.59, the stock trades at a trailing P/E ratio of 34.5x. Average forward P/E is 24x in the Electrical industry in Germany. Total loss to shareholders of 71% over the past three years.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €23.47, the stock trades at a trailing P/E ratio of 31.6x. Average forward P/E is 23x in the Electrical industry in Germany. Total loss to shareholders of 79% over the past three years.分析記事 • Dec 16Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of ReturnIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Major Estimate Revision • Nov 23Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €826.4m to €814.7m. Now expected to report a loss of €1.21 per share instead of €0.10 per share profit previously forecast. Electrical industry in Germany expected to see average net income decline 23% next year. Consensus price target down from €33.25 to €29.69. Share price fell 2.4% to €29.10 over the past week.Price Target Changed • Nov 18Price target decreased to €29.69Down from €33.25, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of €30.15. Stock is down 74% over the past year. The company is forecast to post a net loss per share of €1.63 compared to earnings per share of €3.12 last year.Reported Earnings • Nov 17Third quarter 2022 earnings released: €0.57 loss per share (vs €0.74 profit in 3Q 2021)Third quarter 2022 results: €0.57 loss per share (down from €0.74 profit in 3Q 2021). Revenue: €256.6m (up 14% from 3Q 2021). Net loss: €22.9m (down 176% from profit in 3Q 2021). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.Price Target Changed • Nov 16Price target decreased to €32.81Down from €36.69, the current price target is an average from 8 analysts. New target price is 10% above last closing price of €29.82. Stock is down 74% over the past year. The company is forecast to post earnings per share of €0.097 for next year compared to €3.12 last year.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 19% share price gain to €33.87, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 26x in the Electrical industry in Germany. Total loss to shareholders of 66% over the past three years.Major Estimate Revision • Nov 03Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.17 to €0.23. Revenue forecast unchanged at €826.4m. Net income forecast to shrink 65% next year vs 33% decline forecast for Electrical industry in Germany. Consensus price target down from €36.69 to €33.25. Share price fell 3.9% to €27.25 over the past week.Major Estimate Revision • Oct 22Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €847.8m to €815.4m. EPS estimate also fell from €1.01 per share to €0.90 per share. Net income forecast to shrink 35% next year vs 29% decline forecast for Electrical industry in Germany. Consensus price target of €52.81 unchanged from last update. Share price fell 8.5% to €27.64 over the past week.分析記事 • Oct 11Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), is not the largest company out there, but it received a lot of attention from a substantial...Major Estimate Revision • Sep 27Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €905.2m to €866.0m. EPS estimate also fell from €1.50 per share to €1.29 per share. Net income forecast to shrink 25% next year vs 16% decline forecast for Electrical industry in Germany. Consensus price target down from €78.78 to €64.94. Share price fell 41% to €35.64 over the past week.Price Target Changed • Sep 26Price target decreased to €64.94Down from €81.03, the current price target is an average from 8 analysts. New target price is 76% above last closing price of €36.99. Stock is down 69% over the past year. The company is forecast to post earnings per share of €1.60 for next year compared to €3.12 last year.Buying Opportunity • Sep 23Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be €54.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 19% in the next 2 years.Major Estimate Revision • Sep 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.61 to €1.42. Revenue forecast unchanged from €905.2m at last update. Net income forecast to shrink 11% next year vs 14% decline forecast for Electrical industry in Germany. Consensus price target down from €81.03 to €78.78. Share price fell 3.1% to €63.66 over the past week.分析記事 • Sep 05Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of ReturnTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Major Estimate Revision • Aug 22Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €2.01 to €1.61 per share. Revenue forecast steady at €906.8m. Net income forecast to shrink 34% next year vs 3.2% decline forecast for Electrical industry in Germany. Consensus price target of €82.53 unchanged from last update. Share price fell 8.6% to €73.24 over the past week.Major Estimate Revision • Aug 02Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €962.8m to €923.3m. EPS estimate also fell from €2.59 per share to €2.14 per share. Net income forecast to shrink 15% next year vs 2.3% decline forecast for Electrical industry in Germany. Consensus price target down from €99.86 to €85.06. Share price rose 3.6% to €75.84 over the past week.Price Target Changed • Aug 01Price target decreased to €85.06Down from €99.25, the current price target is an average from 2 analysts. New target price is 11% above last closing price of €76.44. Stock is down 49% over the past year. The company posted earnings per share of €3.12 last year.分析記事 • Jul 05At €79.80, Is It Time To Put Varta AG (ETR:VAR1) On Your Watch List?While Varta AG ( ETR:VAR1 ) might not be the most widely known stock at the moment, it received a lot of attention from...Upcoming Dividend • Jun 15Upcoming dividend of €2.48 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 93% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%).分析記事 • May 24Investors Met With Slowing Returns on Capital At Varta (ETR:VAR1)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Price Target Changed • May 19Price target decreased to €94.38Down from €103, the current price target is an average from 8 analysts. New target price is 22% above last closing price of €77.24. Stock is down 38% over the past year. The company is forecast to post earnings per share of €2.66 for next year compared to €3.12 last year.Reported Earnings • May 18First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: €208.3m (up 1.6% from 1Q 2021). Net income: €6.03m (down 75% from 1Q 2021). Profit margin: 2.9% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany.Buying Opportunity • May 12Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €97.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 8.4% per annum over the same time period.Price Target Changed • Apr 08Price target decreased to €103Down from €113, the current price target is an average from 8 analysts. New target price is 13% above last closing price of €91.46. Stock is down 23% over the past year. The company is forecast to post earnings per share of €3.18 for next year compared to €3.12 last year.Reported Earnings • Apr 02Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €3.12 (up from €2.36 in FY 2020). Revenue: €984.3m (up 13% from FY 2020). Net income: €126.0m (up 32% from FY 2020). Profit margin: 13% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 18%. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 01Price target decreased to €107Down from €116, the current price target is an average from 8 analysts. New target price is 19% above last closing price of €89.96. Stock is down 29% over the past year. The company is forecast to post earnings per share of €2.98 for next year compared to €2.36 last year.分析記事 • Mar 25What Is Varta AG's (ETR:VAR1) Share Price Doing?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it saw a decent share price growth in the teens level on the...分析記事 • Feb 14Here's What Varta's (ETR:VAR1) Strong Returns On Capital MeanTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €89.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 190% over the past three years.分析記事 • Dec 23What Is Varta AG's (ETR:VAR1) Share Price Doing?While Varta AG ( ETR:VAR1 ) might not be the most widely known stock at the moment, it saw significant share price...分析記事 • Nov 16Why You Should Care About Varta's (ETR:VAR1) Strong Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Reported Earnings • Nov 12Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €267.5m (up 11% from 3Q 2020). Net income: €30.3m (down 21% from 3Q 2020). Profit margin: 11% (down from 16% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €111, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Electrical industry in Germany. Total returns to shareholders of 295% over the past three years.分析記事 • Sep 24Should You Think About Buying Varta AG (ETR:VAR1) Now?Varta AG ( ETR:VAR1 ), is not the largest company out there, but it saw significant share price movement during recent...分析記事 • Sep 05Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 76% Above Its Share PriceDoes the September share price for Varta AG ( ETR:VAR1 ) reflect what it's really worth? Today, we will estimate the...Reported Earnings • Aug 14Second quarter 2021 earnings released: EPS €0.53 (vs €0.38 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €215.8m (up 11% from 2Q 2020). Net income: €21.2m (up 39% from 2Q 2020). Profit margin: 9.8% (up from 7.9% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €136, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Electrical industry in Germany. Total returns to shareholders of 501% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €187 per share.分析記事 • Aug 05Varta (ETR:VAR1) Is Achieving High Returns On Its CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Upcoming Dividend • Jun 12Upcoming dividend of €2.48 per shareEligible shareholders must have bought the stock before 18 June 2021. Payment date: 22 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.6%).分析記事 • Jun 01Is There An Opportunity With Varta AG's (ETR:VAR1) 37% Undervaluation?Today we will run through one way of estimating the intrinsic value of Varta AG ( ETR:VAR1 ) by projecting its future...Reported Earnings • May 15First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2021 results: Revenue: €215.4m (up 7.9% from 1Q 2020). Net income: €24.3m (flat on 1Q 2020). Profit margin: 11% (down from 12% in 1Q 2020).分析記事 • May 12Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it received a lot of attention from a substantial price...Reported Earnings • Apr 04Full year 2020 earnings released: EPS €2.36 (vs €1.28 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €874.6m (up 138% from FY 2019). Net income: €95.4m (up 89% from FY 2019). Profit margin: 11% (down from 14% in FY 2019). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to €128, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 31x in the Electrical industry in Germany. Total returns to shareholders of 574% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €195 per share.分析記事 • Mar 11Is Weakness In Varta AG (ETR:VAR1) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?Varta (ETR:VAR1) has had a rough month with its share price down 29%. However, stock prices are usually driven by a...分析記事 • Feb 24Is Varta AG (ETR:VAR1) Trading At A 39% Discount?In this article we are going to estimate the intrinsic value of Varta AG ( ETR:VAR1 ) by estimating the company's...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to €117, the stock is trading at a trailing P/E ratio of 66.7x, down from the previous P/E ratio of 90.7x. This compares to an average P/E of 46x in the Electrical industry in Germany. Total returns to shareholders over the past three years are 481%.Price Target Changed • Feb 19Price target lowered to €115Down from €124, the current price target is an average from 6 analysts. The new target price is 14% below the current share price of €134. As of last close, the stock is up 57% over the past year.業績と収益の成長予測XTRA:VAR1 - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2027984N/A60N/A112/31/2026935520104212/31/2025903-301989312/31/2024836-67-4131312/31/2023821-99-11510739/30/2023830-296-3570N/A6/30/2023805-314-9920N/A3/31/2023819-244-202-68N/A12/31/2022836-200-12020N/A9/30/202287730-5295N/A6/30/202290683-54126N/A3/31/2022905108-30151N/A12/31/2021922126-70125N/A9/30/202186593-37571N/A6/30/2021880101-145123N/A3/31/202188095-87195N/A12/31/202087595-74233N/A9/30/202075596154194N/A6/30/202060071-40165N/A3/31/202049066-43128N/A12/31/201936750-1106N/A9/30/20193213814105N/A6/30/2019303322086N/A3/31/2019286272781N/A12/31/201827625970N/A9/30/201826415-2521N/A6/30/201825715-2314N/A3/31/201825117-1617N/A12/31/201724613122N/A9/30/201723918437N/A12/31/20162179N/A24N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: VAR1今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: VAR1今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: VAR1今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: VAR1の収益 ( 4.5% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: VAR1の収益 ( 4.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: VAR1の 自己資本利益率 は、3年後には低くなると予測されています ( 0.2 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/03/14 16:51終値2025/03/11 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Varta AG 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Christopher FerraraBofA Global ResearchGeorge Galliers-PrattGoldman SachsPhilipp KoenigGoldman Sachs3 その他のアナリストを表示
Price Target Changed • Apr 15Price target decreased by 13% to €16.93Down from €19.37, the current price target is an average from 6 analysts. New target price is 90% above last closing price of €8.94. Stock is down 65% over the past year. The company is forecast to post a net loss per share of €2.07 next year compared to a net loss per share of €4.96 last year.
Price Target Changed • Jul 30Price target decreased by 10% to €19.51Down from €21.79, the current price target is an average from 7 analysts. New target price is 5.3% below last closing price of €20.60. Stock is down 74% over the past year. The company is forecast to post a net loss per share of €1.87 next year compared to a net loss per share of €4.96 last year.
お知らせ • Jul 27Varta AG Revises Earnings Guidance for the Year 2023Varta AG revised earnings guidance for the year 2023. On the basis of preliminary figures, the company is revising its forecast for the 2023 financial year. The now expects sales at the lower end of the previous guidance of around EUR 820 million.
Major Estimate Revision • Jul 27Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €839.1m to €827.0m. Losses expected to increase from €1.55 per share to €1.87. Electrical industry in Germany expected to see average net income growth of 15% next year. Consensus price target down from €22.23 to €21.57. Share price was steady at €21.93 over the past week.
Price Target Changed • May 24Price target decreased by 15% to €21.79Down from €25.50, the current price target is an average from 7 analysts. New target price is 33% above last closing price of €16.38. Stock is down 79% over the past year. The company is forecast to post a net loss per share of €1.55 next year compared to a net loss per share of €4.96 last year.
Major Estimate Revision • May 23Consensus EPS estimates fall by 63%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €864.1m to €848.3m. Losses expected to increase from €0.95 per share to €1.55. Electrical industry in Germany expected to see average net income growth of 15% next year. Consensus price target down from €25.51 to €23.94. Share price fell 6.0% to €18.72 over the past week.
New Risk • Nov 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €93.6m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (31% average weekly change). Minor Risks High level of debt (59% net debt to equity). Market cap is less than US$100m (€93.6m market cap, or US$98.6m).
お知らせ • Jul 24Varta AG(XTRA:VAR1) dropped from S&P Global BMI IndexVarta AG(XTRA:VAR1) dropped from S&P Global BMI Index
New Risk • Jul 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €85.4m (US$92.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (24% average weekly change). Minor Risks High level of debt (59% net debt to equity). Market cap is less than US$100m (€85.4m market cap, or US$92.6m).
お知らせ • Jul 13Varta AG to Report Fiscal Year 2023 Final Results on Aug 16, 2024Varta AG announced that they will report fiscal year 2023 final results at 9:00 AM, Central European Standard Time on Aug 16, 2024
お知らせ • May 11Varta AG(XTRA:VAR1) dropped from Germany SDAX (Total Return) IndexVarta AG has been dropped from Germany Small DAX (Total Return) Index (SDAX) .
お知らせ • May 08+ 1 more updateVarta AG Announces CEO ChangesAt its meeting 6 May 2024, the Supervisory Board of VARTA AG appointed Michael Ostermann as a member of the Executive Board with effect from 6 May 2024. He will also become the new Chairman (CEO) of the Executive Board. The Supervisory Board and Dr. Markus Hackstein jointly agreed that Dr. Hackstein will relinquish his function as Spokesman of the Executive Board as of 6 May 2024. He will remain a member of the Executive Board of VARTA AG.
お知らせ • Apr 23Varta AG to Report Fiscal Year 2023 Results on Jun 28, 2024Varta AG announced that they will report fiscal year 2023 results at 9:00 AM, Central European Standard Time on Jun 28, 2024
Price Target Changed • Apr 15Price target decreased by 13% to €16.93Down from €19.37, the current price target is an average from 6 analysts. New target price is 90% above last closing price of €8.94. Stock is down 65% over the past year. The company is forecast to post a net loss per share of €2.07 next year compared to a net loss per share of €4.96 last year.
分析記事 • Apr 13Investors Don't See Light At End Of Varta AG's (ETR:VAR1) Tunnel And Push Stock Down 34%Unfortunately for some shareholders, the Varta AG ( ETR:VAR1 ) share price has dived 34% in the last thirty days...
New Risk • Apr 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks High level of debt (59% net debt to equity). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
分析記事 • Mar 18Is Varta AG (ETR:VAR1) Potentially Undervalued?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it saw significant share price movement during recent months...
分析記事 • Feb 24Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 40% Above Its Share PriceKey Insights The projected fair value for Varta is €21.09 based on 2 Stage Free Cash Flow to Equity Varta's €15.05...
Buy Or Sell Opportunity • Feb 16Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to €16.18. The fair value is estimated to be €21.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 98% in the next 2 years.
分析記事 • Feb 02Varta AG's (ETR:VAR1) Business Is Trailing The Industry But Its Shares Aren'tWith a median price-to-sales (or "P/S") ratio of close to 1x in the Electrical industry in Germany, you could be...
分析記事 • Dec 21Is Varta (ETR:VAR1) Using Debt In A Risky Way?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Nov 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 59% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
お知らせ • Nov 17+ 4 more updatesVarta AG, Annual General Meeting, May 23, 2024Varta AG, Annual General Meeting, May 23, 2024.
Reported Earnings • Nov 15Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: €0.13 loss per share (improved from €0.57 loss in 3Q 2022). Revenue: €234.8m (up 20% from 3Q 2022). Net loss: €5.40m (loss narrowed 76% from 3Q 2022). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 72%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
分析記事 • Nov 14Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Buying Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €22.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 97% in the next 2 years.
Buying Opportunity • Sep 21Now 21% undervaluedOver the last 90 days, the stock is up 3.9%. The fair value is estimated to be €22.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 97% in the next 2 years.
分析記事 • Sep 20Health Check: How Prudently Does Varta (ETR:VAR1) Use Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Aug 20A Look At The Fair Value Of Varta AG (ETR:VAR1)Key Insights Varta's estimated fair value is €22.53 based on 2 Stage Free Cash Flow to Equity With €19.98 share price...
Reported Earnings • Aug 13Second quarter 2023 earnings released: €1.70 loss per share (vs €0.08 loss in 2Q 2022)Second quarter 2023 results: €1.70 loss per share (further deteriorated from €0.08 loss in 2Q 2022). Revenue: €191.0m (down 2.0% from 2Q 2022). Net loss: €72.6m (loss widened €69.4m from 2Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 30Is It Time To Consider Buying Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it led the XTRA gainers with a relatively large price hike...
Price Target Changed • Jul 30Price target decreased by 10% to €19.51Down from €21.79, the current price target is an average from 7 analysts. New target price is 5.3% below last closing price of €20.60. Stock is down 74% over the past year. The company is forecast to post a net loss per share of €1.87 next year compared to a net loss per share of €4.96 last year.
お知らせ • Jul 27Varta AG Revises Earnings Guidance for the Year 2023Varta AG revised earnings guidance for the year 2023. On the basis of preliminary figures, the company is revising its forecast for the 2023 financial year. The now expects sales at the lower end of the previous guidance of around EUR 820 million.
Major Estimate Revision • Jul 27Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €839.1m to €827.0m. Losses expected to increase from €1.55 per share to €1.87. Electrical industry in Germany expected to see average net income growth of 15% next year. Consensus price target down from €22.23 to €21.57. Share price was steady at €21.93 over the past week.
New Risk • Jul 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
Price Target Changed • May 24Price target decreased by 15% to €21.79Down from €25.50, the current price target is an average from 7 analysts. New target price is 33% above last closing price of €16.38. Stock is down 79% over the past year. The company is forecast to post a net loss per share of €1.55 next year compared to a net loss per share of €4.96 last year.
Major Estimate Revision • May 23Consensus EPS estimates fall by 63%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €864.1m to €848.3m. Losses expected to increase from €0.95 per share to €1.55. Electrical industry in Germany expected to see average net income growth of 15% next year. Consensus price target down from €25.51 to €23.94. Share price fell 6.0% to €18.72 over the past week.
Reported Earnings • May 01Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: €4.96 loss per share (down from €3.12 profit in FY 2021). Revenue: €896.5m (down 1.7% from FY 2021). Net loss: €200.4m (down 259% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 102%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 31% per year.
分析記事 • Mar 31Varta (ETR:VAR1) Will Be Hoping To Turn Its Returns On Capital AroundTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €23.80, the stock trades at a trailing P/E ratio of 32.1x. Average forward P/E is 20x in the Electrical industry in Germany. Total loss to shareholders of 60% over the past three years.
Major Estimate Revision • Feb 12Consensus EPS estimates upgraded to €1.21 lossThe consensus outlook for fiscal year 2022 has been updated. 2022 losses forecast to reduce from -€1.35 to -€1.21 per share. Revenue forecast steady at €809.0m. Electrical industry in Germany expected to see average net income decline 23% next year. Consensus price target of €27.06 unchanged from last update. Share price fell 4.4% to €27.81 over the past week.
分析記事 • Feb 02Is There Now An Opportunity In Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), is not the largest company out there, but it saw a significant share price rise of over 20% in...
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to €25.59, the stock trades at a trailing P/E ratio of 34.5x. Average forward P/E is 24x in the Electrical industry in Germany. Total loss to shareholders of 71% over the past three years.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €23.47, the stock trades at a trailing P/E ratio of 31.6x. Average forward P/E is 23x in the Electrical industry in Germany. Total loss to shareholders of 79% over the past three years.
分析記事 • Dec 16Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of ReturnIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Major Estimate Revision • Nov 23Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €826.4m to €814.7m. Now expected to report a loss of €1.21 per share instead of €0.10 per share profit previously forecast. Electrical industry in Germany expected to see average net income decline 23% next year. Consensus price target down from €33.25 to €29.69. Share price fell 2.4% to €29.10 over the past week.
Price Target Changed • Nov 18Price target decreased to €29.69Down from €33.25, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of €30.15. Stock is down 74% over the past year. The company is forecast to post a net loss per share of €1.63 compared to earnings per share of €3.12 last year.
Reported Earnings • Nov 17Third quarter 2022 earnings released: €0.57 loss per share (vs €0.74 profit in 3Q 2021)Third quarter 2022 results: €0.57 loss per share (down from €0.74 profit in 3Q 2021). Revenue: €256.6m (up 14% from 3Q 2021). Net loss: €22.9m (down 176% from profit in 3Q 2021). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
Price Target Changed • Nov 16Price target decreased to €32.81Down from €36.69, the current price target is an average from 8 analysts. New target price is 10% above last closing price of €29.82. Stock is down 74% over the past year. The company is forecast to post earnings per share of €0.097 for next year compared to €3.12 last year.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improved over the past weekAfter last week's 19% share price gain to €33.87, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 26x in the Electrical industry in Germany. Total loss to shareholders of 66% over the past three years.
Major Estimate Revision • Nov 03Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.17 to €0.23. Revenue forecast unchanged at €826.4m. Net income forecast to shrink 65% next year vs 33% decline forecast for Electrical industry in Germany. Consensus price target down from €36.69 to €33.25. Share price fell 3.9% to €27.25 over the past week.
Major Estimate Revision • Oct 22Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €847.8m to €815.4m. EPS estimate also fell from €1.01 per share to €0.90 per share. Net income forecast to shrink 35% next year vs 29% decline forecast for Electrical industry in Germany. Consensus price target of €52.81 unchanged from last update. Share price fell 8.5% to €27.64 over the past week.
分析記事 • Oct 11Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), is not the largest company out there, but it received a lot of attention from a substantial...
Major Estimate Revision • Sep 27Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €905.2m to €866.0m. EPS estimate also fell from €1.50 per share to €1.29 per share. Net income forecast to shrink 25% next year vs 16% decline forecast for Electrical industry in Germany. Consensus price target down from €78.78 to €64.94. Share price fell 41% to €35.64 over the past week.
Price Target Changed • Sep 26Price target decreased to €64.94Down from €81.03, the current price target is an average from 8 analysts. New target price is 76% above last closing price of €36.99. Stock is down 69% over the past year. The company is forecast to post earnings per share of €1.60 for next year compared to €3.12 last year.
Buying Opportunity • Sep 23Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be €54.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 19% in the next 2 years.
Major Estimate Revision • Sep 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.61 to €1.42. Revenue forecast unchanged from €905.2m at last update. Net income forecast to shrink 11% next year vs 14% decline forecast for Electrical industry in Germany. Consensus price target down from €81.03 to €78.78. Share price fell 3.1% to €63.66 over the past week.
分析記事 • Sep 05Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of ReturnTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Major Estimate Revision • Aug 22Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €2.01 to €1.61 per share. Revenue forecast steady at €906.8m. Net income forecast to shrink 34% next year vs 3.2% decline forecast for Electrical industry in Germany. Consensus price target of €82.53 unchanged from last update. Share price fell 8.6% to €73.24 over the past week.
Major Estimate Revision • Aug 02Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €962.8m to €923.3m. EPS estimate also fell from €2.59 per share to €2.14 per share. Net income forecast to shrink 15% next year vs 2.3% decline forecast for Electrical industry in Germany. Consensus price target down from €99.86 to €85.06. Share price rose 3.6% to €75.84 over the past week.
Price Target Changed • Aug 01Price target decreased to €85.06Down from €99.25, the current price target is an average from 2 analysts. New target price is 11% above last closing price of €76.44. Stock is down 49% over the past year. The company posted earnings per share of €3.12 last year.
分析記事 • Jul 05At €79.80, Is It Time To Put Varta AG (ETR:VAR1) On Your Watch List?While Varta AG ( ETR:VAR1 ) might not be the most widely known stock at the moment, it received a lot of attention from...
Upcoming Dividend • Jun 15Upcoming dividend of €2.48 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 24 June 2022. Payout ratio is on the higher end at 93% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%).
分析記事 • May 24Investors Met With Slowing Returns on Capital At Varta (ETR:VAR1)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Price Target Changed • May 19Price target decreased to €94.38Down from €103, the current price target is an average from 8 analysts. New target price is 22% above last closing price of €77.24. Stock is down 38% over the past year. The company is forecast to post earnings per share of €2.66 for next year compared to €3.12 last year.
Reported Earnings • May 18First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: €208.3m (up 1.6% from 1Q 2021). Net income: €6.03m (down 75% from 1Q 2021). Profit margin: 2.9% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany.
Buying Opportunity • May 12Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €97.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 8.4% per annum over the same time period.
Price Target Changed • Apr 08Price target decreased to €103Down from €113, the current price target is an average from 8 analysts. New target price is 13% above last closing price of €91.46. Stock is down 23% over the past year. The company is forecast to post earnings per share of €3.18 for next year compared to €3.12 last year.
Reported Earnings • Apr 02Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €3.12 (up from €2.36 in FY 2020). Revenue: €984.3m (up 13% from FY 2020). Net income: €126.0m (up 32% from FY 2020). Profit margin: 13% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 18%. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 01Price target decreased to €107Down from €116, the current price target is an average from 8 analysts. New target price is 19% above last closing price of €89.96. Stock is down 29% over the past year. The company is forecast to post earnings per share of €2.98 for next year compared to €2.36 last year.
分析記事 • Mar 25What Is Varta AG's (ETR:VAR1) Share Price Doing?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it saw a decent share price growth in the teens level on the...
分析記事 • Feb 14Here's What Varta's (ETR:VAR1) Strong Returns On Capital MeanTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €89.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 190% over the past three years.
分析記事 • Dec 23What Is Varta AG's (ETR:VAR1) Share Price Doing?While Varta AG ( ETR:VAR1 ) might not be the most widely known stock at the moment, it saw significant share price...
分析記事 • Nov 16Why You Should Care About Varta's (ETR:VAR1) Strong Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Reported Earnings • Nov 12Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €267.5m (up 11% from 3Q 2020). Net income: €30.3m (down 21% from 3Q 2020). Profit margin: 11% (down from 16% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €111, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Electrical industry in Germany. Total returns to shareholders of 295% over the past three years.
分析記事 • Sep 24Should You Think About Buying Varta AG (ETR:VAR1) Now?Varta AG ( ETR:VAR1 ), is not the largest company out there, but it saw significant share price movement during recent...
分析記事 • Sep 05Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 76% Above Its Share PriceDoes the September share price for Varta AG ( ETR:VAR1 ) reflect what it's really worth? Today, we will estimate the...
Reported Earnings • Aug 14Second quarter 2021 earnings released: EPS €0.53 (vs €0.38 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €215.8m (up 11% from 2Q 2020). Net income: €21.2m (up 39% from 2Q 2020). Profit margin: 9.8% (up from 7.9% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €136, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Electrical industry in Germany. Total returns to shareholders of 501% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €187 per share.
分析記事 • Aug 05Varta (ETR:VAR1) Is Achieving High Returns On Its CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Upcoming Dividend • Jun 12Upcoming dividend of €2.48 per shareEligible shareholders must have bought the stock before 18 June 2021. Payment date: 22 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.6%).
分析記事 • Jun 01Is There An Opportunity With Varta AG's (ETR:VAR1) 37% Undervaluation?Today we will run through one way of estimating the intrinsic value of Varta AG ( ETR:VAR1 ) by projecting its future...
Reported Earnings • May 15First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2021 results: Revenue: €215.4m (up 7.9% from 1Q 2020). Net income: €24.3m (flat on 1Q 2020). Profit margin: 11% (down from 12% in 1Q 2020).
分析記事 • May 12Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?Varta AG ( ETR:VAR1 ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Reported Earnings • Apr 04Full year 2020 earnings released: EPS €2.36 (vs €1.28 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €874.6m (up 138% from FY 2019). Net income: €95.4m (up 89% from FY 2019). Profit margin: 11% (down from 14% in FY 2019). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to €128, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 31x in the Electrical industry in Germany. Total returns to shareholders of 574% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €195 per share.
分析記事 • Mar 11Is Weakness In Varta AG (ETR:VAR1) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?Varta (ETR:VAR1) has had a rough month with its share price down 29%. However, stock prices are usually driven by a...
分析記事 • Feb 24Is Varta AG (ETR:VAR1) Trading At A 39% Discount?In this article we are going to estimate the intrinsic value of Varta AG ( ETR:VAR1 ) by estimating the company's...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to €117, the stock is trading at a trailing P/E ratio of 66.7x, down from the previous P/E ratio of 90.7x. This compares to an average P/E of 46x in the Electrical industry in Germany. Total returns to shareholders over the past three years are 481%.
Price Target Changed • Feb 19Price target lowered to €115Down from €124, the current price target is an average from 6 analysts. The new target price is 14% below the current share price of €134. As of last close, the stock is up 57% over the past year.