Varta AG (VARGF)

Varta AG (VARGF) — VMCI valuation read

Varta AG (VARGF) carries a VMCI composite of 39/100, 12 points below the Industrials sector median of 50. Among mid-cap names, that gap places VARGF in the bottom third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The VARGF insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.

**Investor frame.** Value reads VARGF trades at 22.0x earnings, 22% above the Industrials median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Industrials 12.0x. Quality: ROIC of 10.0% sits 0.0pp above the Industrials median (10.0%). Risk: net debt to EBITDA of 0.9x leaves covenant headroom, the line to track on Varta AG's next 10-Q.

VARGF rose 2.9% over the trailing 7 days, with a +7.7% read on a 30-day basis.