Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 2/6 |
Past Performance | 0/6 |
Financial Health | 4/6 |
Dividends | 0/6 |
MTG B 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 | kr107.90 |
52 Week High | kr143.90 |
52 Week Low | kr82.80 |
Beta | 0.82 |
1 Month Change | -14.97% |
3 Month Change | -8.01% |
1 Year Change | -6.01% |
3 Year Change | -3.27% |
5 Year Change | -64.38% |
Change since IPO | 87.65% |
Recent News & Updates
Shareholder Returns
MTG B | SE Entertainment | SE Market | |
---|---|---|---|
7D | -4.6% | 6.6% | -1.0% |
1Y | -6.0% | -38.7% | -13.1% |
Return vs Industry: MTG B exceeded the Swedish Entertainment industry which returned -37.8% over the past year.
Return vs Market: MTG B exceeded the Swedish Market which returned -12.2% over the past year.
Price Volatility
MTG B volatility | |
---|---|
MTG B Average Weekly Movement | 6.5% |
Entertainment Industry Average Movement | 8.3% |
Market Average Movement | 7.6% |
10% most volatile stocks in SE Market | 12.9% |
10% least volatile stocks in SE Market | 4.9% |
Stable Share Price: MTG B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MTG B's weekly volatility (7%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1987 | 1,040 | Maria Redin | https://www.mtg.com |
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 B fundamental statistics | |
---|---|
Market Cap | kr11.85b |
Earnings (TTM) | -kr471.00m |
Revenue (TTM) | kr5.90b |
2.0x
P/S Ratio-25.1x
P/E RatioIs MTG B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
MTG B income statement (TTM) | |
---|---|
Revenue | kr5.90b |
Cost of Revenue | kr3.12b |
Gross Profit | kr2.78b |
Other Expenses | kr3.25b |
Earnings | -kr471.00m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 20, 2022
Earnings per share (EPS) | -4.29 |
Gross Margin | 47.12% |
Net Profit Margin | -7.99% |
Debt/Equity Ratio | 28.2% |
How did MTG B perform over the long term?
See historical performance and comparisonValuation
Is Modern Times Group MTG undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
31.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MTG B (SEK107.9) is trading below our estimate of fair value (SEK156.43)
Significantly Below Fair Value: MTG B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MTG B is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Swedish Entertainment industry average.
PE vs Market: MTG B is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MTG B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MTG B is good value based on its Price-To-Book Ratio (1.5x) compared to the SE Entertainment industry average (2.1x).
Future Growth
How is Modern Times Group MTG forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-27.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTG B's earnings are forecast to decline over the next 3 years (-27.8% per year).
Earnings vs Market: MTG B is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MTG B's is expected to become profitable in the next 3 years.
Revenue vs Market: MTG B's revenue (4.9% per year) is forecast to grow slower than the Swedish market (5.8% per year).
High Growth Revenue: MTG B'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 B's Return on Equity is forecast to be low in 3 years time (3.4%).
Past Performance
How has Modern Times Group MTG performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-49.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTG B is currently unprofitable.
Growing Profit Margin: MTG B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MTG B 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 B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MTG B is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (11.1%).
Return on Equity
High ROE: MTG B has a negative Return on Equity (-5.63%), as it is currently unprofitable.
Financial Health
How is Modern Times Group MTG's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: MTG B's short term assets (SEK4.7B) exceed its short term liabilities (SEK4.3B).
Long Term Liabilities: MTG B's short term assets (SEK4.7B) exceed its long term liabilities (SEK3.8B).
Debt to Equity History and Analysis
Debt Level: MTG B's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: MTG B's debt to equity ratio has reduced from 61.7% to 28.2% over the past 5 years.
Debt Coverage: MTG B's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: MTG B's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
Dividend
What is Modern Times Group MTG current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MTG B'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 B'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 B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MTG B's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: MTG B 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 B has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Maria Redin (43 yo)
1.67yrs
Tenure
kr12,857,000
Compensation
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 ($USD1.31M) is above average for companies of similar size in the Swedish market ($USD830.31K).
Compensation vs Earnings: Maria's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: MTG B's management team is considered experienced (3.7 years average tenure).
Board Members
Experienced Board: MTG B's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MTG B insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.
Top Shareholders
Company Information
Modern Times Group MTG AB (publ)'s employee growth, exchange listings and data sources
Key Information
- Name: Modern Times Group MTG AB (publ)
- Ticker: MTG B
- Exchange: OM
- Founded: 1987
- Industry: Interactive Home Entertainment
- Sector: Media
- Implied Market Cap: kr11.845b
- Shares outstanding: 109.74m
- Website: https://www.mtg.com
Number of Employees
Location
- Modern Times Group MTG AB (publ)
- Skeppsbron 18
- PO Box 2094
- Stockholm
- Stockholm County
- 103 13
- Sweden
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/24 00:00 |
End of Day Share Price | 2022/05/24 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.