Varta AG

XTRA:VAR1 Stock Report

Market Cap: €471.2m

Varta Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Markus Hackstein

Chief executive officer

€468.0k

Total compensation

CEO salary percentage26.7%
CEO tenure1.8yrs
CEO ownershipn/a
Management average tenure1.4yrs
Board average tenure6.4yrs

Recent management updates

Recent updates

Investors Don't See Light At End Of Varta AG's (ETR:VAR1) Tunnel And Push Stock Down 34%

Apr 13
Investors Don't See Light At End Of Varta AG's (ETR:VAR1) Tunnel And Push Stock Down 34%

Is Varta AG (ETR:VAR1) Potentially Undervalued?

Mar 18
Is Varta AG (ETR:VAR1) Potentially Undervalued?

Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 40% Above Its Share Price

Feb 24
Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 40% Above Its Share Price

Varta AG's (ETR:VAR1) Business Is Trailing The Industry But Its Shares Aren't

Feb 02
Varta AG's (ETR:VAR1) Business Is Trailing The Industry But Its Shares Aren't

Is Varta (ETR:VAR1) Using Debt In A Risky Way?

Dec 21
Is Varta (ETR:VAR1) Using Debt In A Risky Way?

Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?

Nov 14
Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?

Health Check: How Prudently Does Varta (ETR:VAR1) Use Debt?

Sep 20
Health Check: How Prudently Does Varta (ETR:VAR1) Use Debt?

A Look At The Fair Value Of Varta AG (ETR:VAR1)

Aug 20
A Look At The Fair Value Of Varta AG (ETR:VAR1)

Is It Time To Consider Buying Varta AG (ETR:VAR1)?

Jul 30
Is It Time To Consider Buying Varta AG (ETR:VAR1)?

Varta (ETR:VAR1) Will Be Hoping To Turn Its Returns On Capital Around

Mar 31
Varta (ETR:VAR1) Will Be Hoping To Turn Its Returns On Capital Around

Is There Now An Opportunity In Varta AG (ETR:VAR1)?

Feb 02
Is There Now An Opportunity In Varta AG (ETR:VAR1)?

Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of Return

Dec 16
Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of Return

Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?

Oct 11
Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?

Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of Return

Sep 05
Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of Return

At €79.80, Is It Time To Put Varta AG (ETR:VAR1) On Your Watch List?

Jul 05
At €79.80, Is It Time To Put Varta AG (ETR:VAR1) On Your Watch List?

Investors Met With Slowing Returns on Capital At Varta (ETR:VAR1)

May 24
Investors Met With Slowing Returns on Capital At Varta (ETR:VAR1)

What Is Varta AG's (ETR:VAR1) Share Price Doing?

Mar 25
What Is Varta AG's (ETR:VAR1) Share Price Doing?

Here's What Varta's (ETR:VAR1) Strong Returns On Capital Mean

Feb 14
Here's What Varta's (ETR:VAR1) Strong Returns On Capital Mean

What Is Varta AG's (ETR:VAR1) Share Price Doing?

Dec 23
What Is Varta AG's (ETR:VAR1) Share Price Doing?

Why You Should Care About Varta's (ETR:VAR1) Strong Returns On Capital

Nov 16
Why You Should Care About Varta's (ETR:VAR1) Strong Returns On Capital

Should You Think About Buying Varta AG (ETR:VAR1) Now?

Sep 24
Should You Think About Buying Varta AG (ETR:VAR1) Now?

Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 76% Above Its Share Price

Sep 05
Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 76% Above Its Share Price

Varta (ETR:VAR1) Is Achieving High Returns On Its Capital

Aug 05
Varta (ETR:VAR1) Is Achieving High Returns On Its Capital

Is There An Opportunity With Varta AG's (ETR:VAR1) 37% Undervaluation?

Jun 01
Is There An Opportunity With Varta AG's (ETR:VAR1) 37% Undervaluation?

Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?

May 12
Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?

Is Weakness In Varta AG (ETR:VAR1) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Mar 11
Is Weakness In Varta AG (ETR:VAR1) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Is Varta AG (ETR:VAR1) Trading At A 39% Discount?

Feb 24
Is Varta AG (ETR:VAR1) Trading At A 39% Discount?

Many Would Be Jealous Of Varta's (ETR:VAR1) Returns On Capital

Feb 09
Many Would Be Jealous Of Varta's (ETR:VAR1) Returns On Capital

Should You Investigate Varta AG (ETR:VAR1) At €121?

Jan 14
Should You Investigate Varta AG (ETR:VAR1) At €121?

CEO Compensation Analysis

How has Markus Hackstein's remuneration changed compared to Varta's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-€296m

Jun 30 2023n/an/a

-€314m

Mar 31 2023n/an/a

-€244m

Dec 31 2022€468k€125k

-€200m

Compensation vs Market: Markus's total compensation ($USD504.20K) is below average for companies of similar size in the German market ($USD1.02M).

Compensation vs Earnings: Insufficient data to compare Markus's compensation with company performance.

CEO

Markus Hackstein (48 yo)

1.8yrs

Tenure

€468,000

Compensation

Dr. Markus Hackstein serves as Chairman of the Supervisory Board at VARTA Microbattery GmbH since July 2023. He served as Member of the Management Board at VARTA Microbattery GmbH since March 2023 until Ju...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Tojner
Owner & Chairman of Supervisory Boardno data€138.00kno data
Markus Hackstein
Spokesperson for the Executive Board & CEO1.8yrs€468.00kno data
Rainer Hald
CTO & Member of Management Board2.3yrs€548.00kno data
Marc Hundsdorf
CFO & Member of Management Boardless than a yearno datano data
Michael Giesswein
Member of Management Board & Chief Restructuring Officerless than a yearno datano data

1.4yrs

Average Tenure

54yo

Average Age

Experienced Management: VAR1's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Michael Tojner
Owner & Chairman of Supervisory Board7.8yrs€138.00kno data
Sven Quandt
Member of the Supervisory Board8.1yrs€63.00kno data
Martin Ohneberg
Member of the Supervisory Board2.9yrs€55.00kno data
Gunther Apfalter
Member of the Supervisory Boardless than a yearno datano data
Michael Pistauer
Member of the Supervisory Board5yrs€70.00kno data
Harald Sommerer
Deputy Chairman of the Supervisory Board8.1yrs€90.00kno data

6.4yrs

Average Tenure

56.5yo

Average Age

Experienced Board: VAR1's board of directors are considered experienced (6.4 years average tenure).

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