VAR1 Stock Overview
Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Varta AG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €8.85 |
| 52 Week High | €24.30 |
| 52 Week Low | €7.49 |
| Beta | 1.37 |
| 1 Month Change | -36.88% |
| 3 Month Change | -50.17% |
| 1 Year Change | -62.32% |
| 3 Year Change | -92.72% |
| 5 Year Change | -77.85% |
| Change since IPO | -55.95% |
Recent News & Updates
Recent updates
Shareholder Returns
| VAR1 | AT Electrical | AT Market | |
|---|---|---|---|
| 7D | 16.2% | 3.1% | 1.6% |
| 1Y | -62.3% | 21.6% | 3.7% |
Return vs Industry: VAR1 underperformed the Austrian Electrical industry which returned 18.1% over the past year.
Return vs Market: VAR1 underperformed the Austrian Market which returned 3.5% over the past year.
Price Volatility
| VAR1 volatility | |
|---|---|
| VAR1 Average Weekly Movement | 11.5% |
| Electrical Industry Average Movement | 5.8% |
| Market Average Movement | 3.3% |
| 10% most volatile stocks in AT Market | 5.2% |
| 10% least volatile stocks in AT Market | 1.6% |
Stable Share Price: VAR1's share price has been volatile over the past 3 months.
Volatility Over Time: VAR1's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Austrian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1887 | 4,049 | Markus Hackstein | www.varta-ag.com |
Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other. The Micro Batteries segments offers zinc-air batteries under the power one and ecopack brand names for use in microbatteries and hearing aid devices.
Varta AG Fundamentals Summary
| VAR1 fundamental statistics | |
|---|---|
| Market cap | €379.08m |
| Earnings (TTM) | -€296.09m |
| Revenue (TTM) | €829.97m |
0.5x
P/S Ratio-1.3x
P/E RatioIs VAR1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VAR1 income statement (TTM) | |
|---|---|
| Revenue | €829.97m |
| Cost of Revenue | €450.05m |
| Gross Profit | €379.92m |
| Other Expenses | €676.01m |
| Earnings | -€296.09m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
May 15, 2024
| Earnings per share (EPS) | -6.94 |
| Gross Margin | 45.78% |
| Net Profit Margin | -35.67% |
| Debt/Equity Ratio | 82.0% |
How did VAR1 perform over the long term?
See historical performance and comparison