OTCM
VARGF
Market cap58mUSD
Oct 31, Last price
20.20
Name
Varta AG
Chart & Performance
P/E
—
P/S
—
EPS
—
Div Yield, %
—
Shrs. gr., 5y
5.23%
Rev. gr., 5y
27.22%
Revenues
807m
-10.63%
Net income
-200m
L
CFO
20m
-82.20%
Dividend
Jun 22, 20222.48 /sh
Earnings
Jun 26, 2025
Profile
Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries, household batteries, and energy storage solutions worldwide. It operates in two segments, Lithium-Ion Solutions & Microbatteries and Household Batteries. The Lithium-Ion Solutions & Microbatteries segment offers zinc-air batteries primarily for use in hearing aid devices; lithium-ion battery solutions for wireless headphones; wearables, which include medical devices to measure hypertension, blood sugar, and other bodily functions, as well as the power supply for COVID19 antibody tests; and rechargeable battery solutions for industrial and original equipment manufacturers for use in various applications, such as servers, car keys, alarm systems, or smart meters. This segment is also involved in the development, system integration, and assembly of lithium-ion battery packs for portable industrial, communication devices, electric power tool, home, garden, and medical applications. The Household Batteries segment offers household batteries, rechargeable batteries, chargers, power banks, lights, and energy storage systems. The company was founded in 1887 and is headquartered in Ellwangen, Germany. Varta AG is a subsidiary of Montana Tech Components AG.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | |||||||
Revenues | 806,916 -10.63% | ||||||
Cost of revenue | 458,516 | ||||||
Unusual Expense (Income) | |||||||
NOPBT | 348,400 | ||||||
NOPBT Margin | 43.18% | ||||||
Operating Taxes | 2,242 | ||||||
Tax Rate | 0.64% | ||||||
NOPAT | 346,158 | ||||||
Net income | (200,420) -259.12% | ||||||
Dividends | (100,246) | ||||||
Dividend yield | 11.08% | ||||||
Proceeds from repurchase of equity | |||||||
BB yield | |||||||
| Debt | |||||||
Debt current | 17,397 | ||||||
Long-term debt | 156,797 | ||||||
Deferred revenue | 27,396 | ||||||
Other long-term liabilities | 82,014 | ||||||
Net debt | 65,427 | ||||||
| Cash flow | |||||||
Cash from operating activities | 20,384 | ||||||
CAPEX | (140,760) | ||||||
Cash from investing activities | (166,542) | ||||||
Cash from financing activities | 180,988 | ||||||
FCF | 761,934 | ||||||
| Balance | |||||||
Cash | 109,384 | ||||||
Long term investments | (617) | ||||||
Excess cash | 68,421 | ||||||
Stockholders' equity | (12,827) | ||||||
Invested Capital | 402,365 | ||||||
ROIC | 60.10% | ||||||
ROCE | 85.72% | ||||||
| EV | |||||||
Common stock shares outstanding | 40,422 | ||||||
Price | 22.39 -80.49% | ||||||
Market cap | 905,049 -80.49% | ||||||
EV | 970,476 | ||||||
EBITDA | 457,078 | ||||||
EV/EBITDA | 2.12 | ||||||
Interest | 13,762 | ||||||
Interest/NOPBT | 3.95% | ||||||