Risk factor
Critical default risk
Profitability factor
Strong growth
About
Varengold Bank AG provides various marketplace and transaction/commercial banking products and services in Germany, the United Kingdom, and Bulgaria. The company offers call and fixed term deposits; lending and fronting services; international payment transaction, trade and export finance, Lombard credits, and structured finance; and bank guarantees, as well as debt and equity capital market products. It serves private and commercial customers. The company was formerly known as Varengold Wertpapierhandelsbank AG and changed its name to Varengold Bank AG in 2013. Varengold Bank AG was founded in 1995 and is headquartered in Hamburg, Germany.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Editor's note: P/CR is Price to Core Revenue (CR), similar to P
Buy
Sell