MTG A Stock Overview
Modern Times Group MTG AB (publ), through its subsidiaries, operates as a digital entertainment company in the United States, the United Kingdom, Germany, rest of Europe, Singapore, India, New Zealand, and internationally.
Modern Times Group MTG Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr115.50|
|52 Week High||kr144.00|
|52 Week Low||kr87.50|
|1 Month Change||-14.13%|
|3 Month Change||-6.86%|
|1 Year Change||1.32%|
|3 Year Change||-6.48%|
|5 Year Change||-62.94%|
|Change since IPO||102.63%|
Recent News & Updates
|MTG A||SE Entertainment||SE Market|
Return vs Industry: MTG A exceeded the Swedish Entertainment industry which returned -37.8% over the past year.
Return vs Market: MTG A exceeded the Swedish Market which returned -12.7% over the past year.
|MTG A volatility|
|MTG A Average Weekly Movement||8.5%|
|Entertainment Industry Average Movement||8.4%|
|Market Average Movement||7.9%|
|10% most volatile stocks in SE Market||13.0%|
|10% least volatile stocks in SE Market||4.9%|
Stable Share Price: MTG A is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MTG A's weekly volatility (9%) has been stable over the past year.
About the Company
Modern Times Group MTG AB (publ), through its subsidiaries, operates as a digital entertainment company in the United States, the United Kingdom, Germany, rest of Europe, Singapore, India, New Zealand, and internationally. It operates through Esport and Gaming segments. The Esport segment operates national and international tournaments, as well as grassroots amateur cups, leagues, and festivals; and engages in the gaming technology, event management, advertising, and TV production business.
Modern Times Group MTG Fundamentals Summary
|MTG A fundamental statistics|
Is MTG A overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MTG A income statement (TTM)|
|Cost of Revenue||kr3.12b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 20, 2022
|Earnings per share (EPS)||-4.28|
|Net Profit Margin||-7.99%|
How did MTG A perform over the long term?See historical performance and comparison
Is Modern Times Group MTG undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MTG A (SEK115.5) is trading below our estimate of fair value (SEK159.75)
Significantly Below Fair Value: MTG A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MTG A is unprofitable, so we can't compare its PE Ratio to the Swedish Entertainment industry average.
PE vs Market: MTG A is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MTG A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MTG A is good value based on its PB Ratio (1.6x) compared to the SE Entertainment industry average (2.2x).
How is Modern Times Group MTG forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTG A's earnings are forecast to decline over the next 3 years (-34.8% per year).
Earnings vs Market: MTG A is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MTG A's is expected to become profitable in the next 3 years.
Revenue vs Market: MTG A's revenue (4.9% per year) is forecast to grow slower than the Swedish market (5.8% per year).
High Growth Revenue: MTG A's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTG A's Return on Equity is forecast to be low in 3 years time (3.4%).
How has Modern Times Group MTG performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTG A is currently unprofitable.
Growing Profit Margin: MTG A is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MTG A is unprofitable, and losses have increased over the past 5 years at a rate of 49.8% per year.
Accelerating Growth: Unable to compare MTG A's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MTG A is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (11.1%).
Return on Equity
High ROE: MTG A has a negative Return on Equity (-5.63%), as it is currently unprofitable.
How is Modern Times Group MTG's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MTG A's short term assets (SEK4.7B) exceed its short term liabilities (SEK4.3B).
Long Term Liabilities: MTG A's short term assets (SEK4.7B) exceed its long term liabilities (SEK3.8B).
Debt to Equity History and Analysis
Debt Level: MTG A's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: MTG A's debt to equity ratio has reduced from 61.7% to 28.2% over the past 5 years.
Debt Coverage: MTG A's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: MTG A's interest payments on its debt are not well covered by EBIT (1.7x coverage).
What is Modern Times Group MTG current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MTG A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MTG A's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MTG A's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MTG A's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: MTG A is not paying a notable dividend for the Swedish market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MTG A has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Maria Redin (43 yo)
Ms. Maria Redin serves as Director of Hemnet Group AB (publ) since April 29, 2022. She serves as Group President and Chief Executive Officer at Modern Times Group Mtg AB since September 03, 2020. She had b...
CEO Compensation Analysis
Compensation vs Market: Maria's total compensation ($USD1.29M) is above average for companies of similar size in the Swedish market ($USD815.49K).
Compensation vs Earnings: Maria's compensation has increased whilst the company is unprofitable.
Experienced Management: MTG A's management team is considered experienced (3.7 years average tenure).
Experienced Board: MTG A's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.
Modern Times Group MTG AB (publ)'s employee growth, exchange listings and data sources
- Name: Modern Times Group MTG AB (publ)
- Ticker: MTG A
- Exchange: OM
- Founded: 1987
- Industry: Interactive Home Entertainment
- Sector: Media
- Implied Market Cap: kr12.457b
- Shares outstanding: 109.94m
- Website: https://www.mtg.com
Number of Employees
- Modern Times Group MTG AB (publ)
- Skeppsbron 18
- PO Box 2094
- Stockholm County
- 103 13
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.