Varta AG (VARTY)

Varta AG (VARTY) — VMCI valuation read

VARTY screens at VMCI 43/100, a 7-point gap below the Industrials sector median (50). For a mid-cap Varta AG share, that placement says the multi-pillar composite is richer or lower quality than the typical peer on a like-for-like basis.

VARTY has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: VARTY trades at 26.0x earnings, 44% above the Industrials median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Industrials group. Quality: ROIC of 8.0% trails the Industrials median (10.0%) by 2.0pp, the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of -0.4x leaves covenant headroom, which sets the rate-cycle exposure for Varta AG.

VARTY fell 2.9% over the trailing 7 days, with a -1.0% read on a 30-day basis.