Varta AG (VARGF) Research
Varta AG, a German enterprise established in 1887 and headquartered in Ellwangen, operates globally as a key player in the research, development, production, and sale of diverse battery solutions. The company's comprehensive portfolio spans microbatteries, household power cells, and advanced energy storage systems. Its operations are segmented into two primary divisions: Lithium-Ion Solutions & Microbatteries, and Household Batteries. The Lithium-Ion Solutions & Microbatteries division specializes in sophisticated power sources. This includes zinc-air batteries, predominantly utilized in hearing aids, alongside lithium-ion battery solutions designed for wireless headphones and various wearable technologies, such as medical devices monitoring health metrics like hypertension and blood sugar, as well as supplying power for COVID-19 antibody tests. Furthermore, this segment provides rechargeable battery solutions tailored for industrial applications and original equipment manufacturers (OEMs), powering items like data servers, vehicle key fobs, alarm systems, and smart meters. Beyond individual cells, this division also undertakes the development, system integration, and assembly of complete lithium-ion battery packs for a broad spectrum of portable industrial, communication, electric power tool, home, garden, and medical equipment. The Household Batteries division caters to consumer needs with a range of conventional household batteries, rechargeable variants, charging devices, portable power banks, lighting products, and residential energy storage systems. Varta AG functions as a subsidiary of Montana Tech Components AG.
Market snapshot
- Symbol
- VARGF
- Price
- $20.20
- Day change
- 0.00%
- Market cap
- $51.6M
- P/E ratio
- -8.00x
- 52-week range
- 20.2-20.2
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
Peer companies
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