Modern Times Group (OM:MTG B) Valuation Spotlight Following Launch of Major Share Buyback Program

Modern Times Group MTG (OM:MTG B) recently kicked off a significant share buyback program, following approval at its Annual General Meeting. The company intends to repurchase and cancel up to 10% of its shares over the next several months.

See our latest analysis for Modern Times Group MTG.

Modern Times Group MTG’s share price has attracted attention lately, climbing 13.98% over the past month and surging 31.75% so far this year. Strong total shareholder returns, up 66.78% over the last year, suggest growing optimism, with the recent buyback announcement hinting at management’s confidence in the company’s outlook.

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With share prices on the rise and a buyback underway, investors now face a key question: Is Modern Times Group MTG trading below its true worth, or are future gains already reflected in the current price?

Most Popular Narrative: 7.5% Undervalued

With the most popular narrative placing Modern Times Group MTG’s fair value meaningfully above the latest closing price, there is a clear disconnect between current market sentiment and what is anticipated for the company. This valuation is based on a handful of business catalysts projected to fuel financial performance over the next few years.

The increased global uptake of mobile devices is fueling strong momentum in MTG's mobile gaming portfolio. Geographic expansion of Word Games and scaling of new titles like Tile Match and Jigsaw support rising daily active users (DAU) and consistent organic revenue growth.

Read the complete narrative.

What if the real story is hidden in future profit margins and rapid growth projections? The narrative supporting this price focuses on major gains in daily active users and a significant shift in business strategy. Find out which numbers drive the fair value and what Wall Street is betting on for 2028 in the next section.

Result: Fair Value of $138.33 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, MTG’s heavy reliance on a few top titles, along with mounting industry competition, could quickly shift growth expectations and put future earnings at risk.

Find out about the key risks to this Modern Times Group MTG narrative.

Build Your Own Modern Times Group MTG Narrative

If you see things differently or want to dive deeper into the numbers yourself, you can build your own view in just a few minutes, so why not Do it your way

A good starting point is our analysis highlighting 2 key rewards investors are optimistic about regarding Modern Times Group MTG.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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