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Varta AG

Varta AG

VAR1.DE
Varta AGDE flagDeutsche Börse
1.21
EUR
-0.04
- -
51.64MMarket Cap
Varta AG
VAR1.DE
(Deutsche Börse)

Recent

price

1.21

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2016
2017
2018
2019
2020
2021
2022
TTM
FRC
- -
0.16
0.44
0.05
23.94
7.73
7.11
9.2
21.51
22.34
19.96
18.61
Revenue per Share
- -
-0.65
1.96
-1.2
1.05
0.42
0.66
1.28
2.36
3.12
-4.96
-6.97
Basic EPS, GAAP
- -
-0.94
-1.02
- -
2.7
0.7
1.83
2.68
5.76
3.09
0.5
1.66
Free Cash Flow per Basic Share
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
8.96
6.45
5.25
6.38
2.56
2.75
4.05
6.19
6.86
-0.4
-3.03
Book Value per Share
- -
8.42
6.56
5.36
4.98
6.67
6.24
9.99
10.76
11.16
3.46
1.46
Tangible Book Value per Share
- -
5
5
5
9
31
38
39
40
40
40
42
Basic Weighted Avg Shares
- -
1
2
- -
214
242
272
363
870
903
807
790
Sales/Revenue/Turnover
- -
-373.04
-68.87
-990.79
6.79
11.28
14.15
20.55
16.95
21.57
-3.42
-12.43
Operating Margin (%)
- -
- -
- -
- -
9
9
11
21
67
96
109
118
Depreciation Expense
- -
-3
10
-6
9
13
25
50
95
126
-200
-296
Net Income, GAAP
- -
- -
- -
- -
22.06
35.58
29.55
29
28.26
28.87
- -
- -
Effective Tax Rate (%)
- -
-392.16
445.2
-2,599.12
4.4
5.48
9.3
13.89
10.97
13.95
-24.84
-37.47
Profit Margin (%)
50
36
40
27
28
155
168
215
58
16
-314
2
Working Capital
- -
- -
- -
- -
16
- -
6
20
64
81
70
68
LT Debt
28
42
32
27
65
230
259
415
499
532
239
175
Total Equity
- -
- -
- -
- -
20.03
10.96
10.65
14.5
19.61
21.31
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
21.91
17.55
25.92
34.36
38.62
37.11
- -
- -
Return on Capital (%)
- -
-9.56
25.41
-20.48
22.67
19.36
27.29
38.09
46.57
47.74
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
18
18
17
LT Borrowings
- -
- -
- -
LT Finance Leases
73
71
68
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43
43
43
Market Capitalization
1,072
796
763

Working Capital

FRC

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
486
414
423
Cash, Cash Equivalents & STI
78
54
40
Accounts Receivable, Net
104
79
108
Inventories
245
221
214
Total Current Liabilities
783
408
421
Payables & Accruals
- -
- -
- -
ST Debt
18
18
17
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
45.14%
8.89%
-55.03%
Free Cash Flow
- -
51.74%
-83.66%
Net Income, GAAP
- -
10.42%
-259.12%
Sales/Revenue/Turnover
- -
35.73%
-10.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
204
193
225
281
903
2022
185
192
194
236
807
2023
164
175
215
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.6
- -
- -
- -
3.12
2022
0.15
- -
- -
- -
-4.96
2023
-0.89
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
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Business
Varta AG Varta AG manufactures and markets a comprehensive portfolio of batteries and energy storage solutions worldwide, operating primarily through its two core segments: Lithium-Ion Solutions & Microbatteries and Household Batteries; the company serves diverse applications including hearing aids, consumer electronics, medical devices, industrial tools, robotics, telecommunications, automotive uses, home energy storage, and commercial installations. In the Lithium-Ion Solutions & Microbatteries segment, Varta AG produces microbatteries in various electrochemical systems and sizes for hearing aids and automotive applications, Lithium-Ion CoinPower button cells offering high energy density for compact devices in entertainment and beyond, large lithium-ion round cells, and customized lithium-ion battery packs alongside standard solutions for medical technology, connectivity, and power tools; the Household Batteries segment encompasses primary and rechargeable batteries, special batteries, lights, power banks, cables, accessories, chargers, and energy storage systems such as the wall-mounted VARTA pulse neo for residential use and the VARTA flex storage for commercial applications with integrated inverters and intelligent energy management to optimize solar self-consumption. Founded in 1887 and headquartered in Ellwangen, Germany, Varta AG employs nearly 4,200 people across five production facilities in Europe and Asia, with sales operations in over 75 countries through centers in Asia, Europe, and the USA; key subsidiaries include VARTA Microbattery GmbH and VARTA Consumer Batteries GmbH & Co. KGaA, both based in Ellwangen. In recent major developments, Varta AG completed a comprehensive balance sheet restructuring and recapitalization in April 2025 via StaRUG proceedings, reducing debt to approximately EUR 230 million, securing long-term financing, and welcoming new indirect shareholders Dr. Ing. h.c. F. Porsche Aktiengesellschaft and DDr. Michael Tojner through a EUR 60 million cash and non-cash capital increase plus EUR 60 million in new financing to support operational growth and investments; concurrently, Porsche AG acquired a majority stake in Varta's V4Drive Battery GmbH (rebranded V4Smart) in March 2025, integrating a new production plant in Nördlingen, Germany, for large-format lithium-ion cylindrical cells used in high-performance hybrid drives like the Porsche 911 Carrera GTS while planning expansion to other customers and growing the workforce to 375 by year-end.