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MarketScreener Homepage  >  Equities  >  Xetra  >  Varta AG    VAR1   DE000A0TGJ55

VARTA AG

(VAR1)
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Varta AG : The stock forcefully approaches new pivot levels

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09/15/2020 | 02:55am EDT
long trade
Live
Entry price : 127€ | Target : 145€ | Stop-loss : 115€ | Potential : 14.17%
Shares in Varta AG are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken.
Investors have an opportunity to buy the stock and target the € 145.
Varta AG : Varta AG : The stock forcefully approaches new pivot levels
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • The prospective high growth for the next fiscal years is among the main assets of the company
  • The group's high margin levels account for strong profits.
  • The company is in a robust financial situation considering its net cash and margin position.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • For several months, analysts have been revising their EPS estimates roughly upwards.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • Within the weekly time frame the stock shows a bullish technical configuration above the support level at 82.6 EUR

Weaknesses
  • Stock prices approach a strong long-term resistance in weekly data at EUR 127.4.
  • The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
  • With an enterprise value anticipated at 6.15 times the sales for the current fiscal year, the company turns out to be overvalued.
  • The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 51.48 times its estimated earnings per share for the ongoing year.
Ratings chart
Subsector Batteries & Uninterruptable Power supplies
1st jan.Capitalization (M$)Investor Rating
VARTA AG-1.15%5 755
CONTEMPORARY AMPEREX TECHNO..86.12%68 150
SUNWODA ELECTRONIC CO.,LTD49.08%6 742
SHENZHEN CAPCHEM TECHNOLOGY..65.66%3 659
ENERSYS-6.68%2 939
VOLTRONIC POWER TECHNOLOGY ..38.34%2 836
ENERGIZER HOLDINGS, INC.-20.35%2 741
BEIJING EASPRING MATERIAL T..55.31%2 736
SIMPLO TECHNOLOGY CO., LTD.7.76%2 080
SHENZHEN DESAY BATTERY TECH..25.16%1 561
SHENZHEN KSTAR SCIENCE AND ..42.08%1 304
More Results

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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2020 853 M 1 010 M 1 010 M
Net income 2020 101 M 119 M 119 M
Net Debt 2020 135 M 160 M 160 M
P/E ratio 2020 48,9x
Yield 2020 -
Capitalization 4 851 M 5 755 M 5 744 M
EV / Sales 2020 5,85x
EV / Sales 2021 4,36x
Nbr of Employees 4 342
Free-Float 41,9%
Upcoming event on VARTA AG
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 127,76 €
Last Close Price 120,00 €
Spread / Highest target 37,5%
Spread / Average Target 6,47%
Spread / Lowest Target -33,3%
EPS Revisions
Managers
NameTitle
Herbert Schein Chief Executive Officer
Michael Tojner Chairman-Supervisory Board
Steffen Munz Chief Financial Officer
Georg Blumauer Member-Supervisory Board
Frank-Dieter Maier Member-Supervisory Board