View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 • Dec 30Price target decreased by 70% to €3.75Down from €12.40, the current price target is an average from 4 analysts. New target price is 146% above last closing price of €1.52. Stock is down 93% over the past year. The company is forecast to post a net loss per share of €2.33 next year compared to a net loss per share of €4.96 last year.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 94% above last closing price of €8.75. 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 approximately in line with last closing price of €20.43. Stock is down 75% 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.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 17% above last closing price of €18.59. Stock is down 76% 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.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 €29.25. Stock is down 75% 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.すべての更新を表示Recent updatesPrice Target Changed • Dec 30Price target decreased by 70% to €3.75Down from €12.40, the current price target is an average from 4 analysts. New target price is 146% above last closing price of €1.52. Stock is down 93% over the past year. The company is forecast to post a net loss per share of €2.33 next year compared to a net loss per share of €4.96 last year.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 24New 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 94% above last closing price of €8.75. 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.New Risk • Apr 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).Buy Or Sell Opportunity • Apr 12Now 30% undervalued after recent price dropOver the last 90 days, the stock has fallen 37% to €12.09. The fair value is estimated to be €17.39, 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 97% in the next 2 years.Buy Or Sell Opportunity • Feb 16Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to €16.14. The fair value is estimated to be €21.07, 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.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 63 percentage points per year, which is a significant difference in performance.Buying Opportunity • Oct 13Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €22.29, 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 23Now 20% undervaluedOver the last 90 days, the stock is up 4.9%. The fair value is estimated to be €22.52, 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.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 8.5% 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.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 approximately in line with last closing price of €20.43. Stock is down 75% 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.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 (8.2% 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 17% above last closing price of €18.59. Stock is down 76% 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.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.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €24.03, 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.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to €26.74, the stock trades at a trailing P/E ratio of 35.7x. Average forward P/E is 23x in the Electrical industry in Germany. Total loss to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.73 per share.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €23.57, 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. Simply Wall St's valuation model estimates the intrinsic value at €26.00 per share.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 €29.25. Stock is down 75% 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 33% 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 6.2% above last closing price of €30.89. Stock is down 73% 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 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to €33.59, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 25x in the Electrical industry in Germany. Total loss to shareholders of 66% over the past three years.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 66% above last closing price of €39.21. Stock is down 67% 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 24Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 53%. The fair value is estimated to be €55.00, 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.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 6.0% above last closing price of €80.28. Stock is down 47% over the past year. The company posted earnings per share of €3.12 last year.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%).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 20% above last closing price of €78.50. Stock is down 36% 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.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 12% above last closing price of €92.02. 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 20% above last closing price of €89.38. 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.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 06Investor 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 29x. Average forward P/E is 24x in the Electrical industry in Germany. Total returns to shareholders of 297% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €173 per share.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 80% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 11Upcoming dividend of €2.48 per shareEligible shareholders must have bought the stock before 18 June 2021. Payment date: 22 June 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.6%).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).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 83% 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 18% share price gain to €129, 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 570% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €196 per share.Is New 90 Day High Low • Mar 06New 90-day low: €106The company is down 3.0% from its price of €110 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €185 per share.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 27% share price decline to €117, the stock is trading at a trailing P/E ratio of 74.7x, down from the previous P/E ratio of 102.2x. 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 474%.Is New 90 Day High Low • Jan 07New 90-day high: €125The company is up 10.0% from its price of €114 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €166 per share.Price Target Changed • Nov 24Price target lowered to €116Down from €127, the current price target is an average from 6 analysts. The new target price is 7.0% above the current share price of €108. As of last close, the stock is up 0.09% over the past year.Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 9.5%. Earnings per share (EPS) missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 37%, compared to a 18% growth forecast for the Electrical industry in Germany.業績と収益の成長予測DB: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 ( 6.6% ) 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 20:16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 • Dec 30Price target decreased by 70% to €3.75Down from €12.40, the current price target is an average from 4 analysts. New target price is 146% above last closing price of €1.52. Stock is down 93% over the past year. The company is forecast to post a net loss per share of €2.33 next year compared to a net loss per share of €4.96 last year.
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 94% above last closing price of €8.75. 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 approximately in line with last closing price of €20.43. Stock is down 75% 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.
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 17% above last closing price of €18.59. Stock is down 76% 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.
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 €29.25. Stock is down 75% 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.
Price Target Changed • Dec 30Price target decreased by 70% to €3.75Down from €12.40, the current price target is an average from 4 analysts. New target price is 146% above last closing price of €1.52. Stock is down 93% over the past year. The company is forecast to post a net loss per share of €2.33 next year compared to a net loss per share of €4.96 last year.
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 24New 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 94% above last closing price of €8.75. 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.
New Risk • Apr 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
Buy Or Sell Opportunity • Apr 12Now 30% undervalued after recent price dropOver the last 90 days, the stock has fallen 37% to €12.09. The fair value is estimated to be €17.39, 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 97% in the next 2 years.
Buy Or Sell Opportunity • Feb 16Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to €16.14. The fair value is estimated to be €21.07, 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.
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 63 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Oct 13Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €22.29, 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 23Now 20% undervaluedOver the last 90 days, the stock is up 4.9%. The fair value is estimated to be €22.52, 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.
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 8.5% 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.
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 approximately in line with last closing price of €20.43. Stock is down 75% 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.
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 (8.2% 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 17% above last closing price of €18.59. Stock is down 76% 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.
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.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €24.03, 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.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to €26.74, the stock trades at a trailing P/E ratio of 35.7x. Average forward P/E is 23x in the Electrical industry in Germany. Total loss to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.73 per share.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €23.57, 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. Simply Wall St's valuation model estimates the intrinsic value at €26.00 per share.
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 €29.25. Stock is down 75% 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 33% 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 6.2% above last closing price of €30.89. Stock is down 73% 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 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to €33.59, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 25x in the Electrical industry in Germany. Total loss to shareholders of 66% over the past three years.
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 66% above last closing price of €39.21. Stock is down 67% 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 24Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 53%. The fair value is estimated to be €55.00, 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.
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 6.0% above last closing price of €80.28. Stock is down 47% over the past year. The company posted earnings per share of €3.12 last year.
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%).
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 20% above last closing price of €78.50. Stock is down 36% 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.
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 12% above last closing price of €92.02. 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 20% above last closing price of €89.38. 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.
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 06Investor 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 29x. Average forward P/E is 24x in the Electrical industry in Germany. Total returns to shareholders of 297% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €173 per share.
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 80% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 11Upcoming dividend of €2.48 per shareEligible shareholders must have bought the stock before 18 June 2021. Payment date: 22 June 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.6%).
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).
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 83% 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 18% share price gain to €129, 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 570% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €196 per share.
Is New 90 Day High Low • Mar 06New 90-day low: €106The company is down 3.0% from its price of €110 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €185 per share.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 27% share price decline to €117, the stock is trading at a trailing P/E ratio of 74.7x, down from the previous P/E ratio of 102.2x. 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 474%.
Is New 90 Day High Low • Jan 07New 90-day high: €125The company is up 10.0% from its price of €114 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €166 per share.
Price Target Changed • Nov 24Price target lowered to €116Down from €127, the current price target is an average from 6 analysts. The new target price is 7.0% above the current share price of €108. As of last close, the stock is up 0.09% over the past year.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 9.5%. Earnings per share (EPS) missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 37%, compared to a 18% growth forecast for the Electrical industry in Germany.