Varta AG (XTER:VAR1) GF Value Rank : 2 (As of May. 08, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Varta AG GF Value Rank?

Varta AG has the GF Value Rank of 2.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Varta AG's GF Value Rank

For the Electrical Equipment & Parts subindustry, Varta AG's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Varta AG's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Varta AG's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Varta AG's GF Value Rank falls into.

Varta AG GF Value Rank Related Terms

Thank you for viewing the detailed overview of Varta AG's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Varta AG (XTER:VAR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Varta AG (XTER:VAR1) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

VARTY:USA 1VAR:Italy 0GYQ:UK VAR1:Austria

Address

VARTA-Platz 1, Ellwangen, BW, DEU, 73479

Website

https://www.varta-ag.com

Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.

Executives

Rainer Hald	Board of Directors
Martin Ohneberg	Supervisory Board
Ddr. Michael Tojner	Supervisory Board
Dr. Markus Hackstein	Board of Directors
Dr. Michael Pistauer	Supervisory Board
Herbert Schein	Board of Directors
Armin Hessenberger	Board of Directors

Varta AG (XTER:VAR1) Headlines

No Headlines