Summary
This prediction ended on 20.12.23 with a price of €21.47. The BUY prediction by tbackenh for Varta AG performed very badly with a performance of -82.52%. tbackenh has 60% into this predictionVarta AG is a German company that specializes in the production of batteries and energy storage systems. Founded in 1887, the company has a long history of innovation and product development in the field of energy storage solutions. Varta produces a wide range of batteries for both consumer and industrial applications, including hearing aid batteries, power tool batteries, and batteries for electric vehicles. In addition, the company develops and produces stationary energy storage systems based on lithium-ion technology for use in homes and businesses. Varta is listed on the Frankfurt Stock Exchange and has a market capitalization of approximately €4 billion as of 2021.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Varta AG | 23.523% | 23.523% | -45.002% |
| iShares Core DAX® | 3.178% | 0.980% | 15.331% |
| iShares Nasdaq 100 | 2.972% | 0.925% | 39.831% |
| iShares Nikkei 225® | 0.545% | -4.556% | 17.661% |
| iShares S&P 500 | 2.367% | 0.833% | 30.000% |
According to tbackenh what are the pros and cons of Varta AG for the foreseeable future?
Pros
Could be very worthwhile Investment >20% year
Small challenges to pay loans and raise capital
Fair valuation
Higher EBIT margin than peer group
Top 10 in its market
ROE higher than 15% per year
Future proof or reliable business model
Cons
Comments by tbackenh for this prediction
In the thread Varta AG diskutieren
Der Einstieg in die Batterieproduktion für Hörgeräte 2001 brachte die Wende. Das Einsatzspektrum der Batterieknopfzellen reicht inzwischen wesentlich weiter. Vor allem bei kabellosen Kopfhörern sind sie gefragt, zu Vartas Kunden zählen auch Apple und Samsung. Neben Kleinstbatterien stellt Varta zudem Haushaltsbatterien sowie aufladbare Akkumulatoren her. Das Geschäft brummt trotz Corona: 2020 steigerte Varta die Erlöse organisch um beachtliche 47%. Vartas wiederaufladbare Lithium-Ionen-Zellen sind besonders gefragt. Das Geschäft dürfte auch mittelfristig der wichtigste Gewinntreiber bleiben. Denn der Wandel zum Internet der Dinge lässt den Bedarf an leistungsfähigen Mikrobatterien anziehen.
Kursziel geändert auf 170,0
Kursziel geändert auf 115,0