Modern Times Group MTG AB

OM:MTG IL B Stock Report

Market Cap: SEK 9.6b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Modern Times Group MTG Valuation

Is MTG IL B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MTG IL B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MTG IL B (SEK25) is trading below our estimate of fair value (SEK26.67)

Significantly Below Fair Value: MTG IL B is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MTG IL B?

Key metric: As MTG IL B is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MTG IL B. This is calculated by dividing MTG IL B's market cap by their current revenue.
What is MTG IL B's PS Ratio?
PS Ratio1.6x
SalesSEK 5.90b
Market CapSEK 9.62b

Price to Sales Ratio vs Peers

How does MTG IL B's PS Ratio compare to its peers?

The above table shows the PS ratio for MTG IL B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.5x
SF Stillfront Group
0.5x-1.5%SEK 3.4b
PDX Paradox Interactive
7.8x9.5%SEK 19.3b
EMBRAC B Embracer Group
1x3.6%SEK 38.8b
G5EN G5 Entertainment
0.7x0.3%SEK 776.8m
MTG IL B Modern Times Group MTG
1.6x4.8%SEK 9.6b

Price-To-Sales vs Peers: MTG IL B is good value based on its Price-To-Sales Ratio (1.6x) compared to the peer average (5.2x).

Price to Sales Ratio vs Industry

How does MTG IL B's PS Ratio compare vs other companies in the SE Entertainment Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
MOMENT Moment Group
0.2xn/aUS$20.55m
MAXENT B Maximum Entertainment
0.04x6.5%US$4.12m
AIK B AIK Fotboll
0.1xn/aUS$3.12m
GBK Goodbye Kansas Group
0.2xn/aUS$2.59m
No more companies available in this PS range
MTG IL B 1.6xIndustry Avg. 0.7xNo. of Companies5PS00.81.62.43.24+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MTG IL B is good value based on its Price-To-Sales Ratio (1.6x) compared to the Swedish Entertainment industry average (2.2x)

Price to Sales Ratio vs Fair Ratio

What is MTG IL B's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MTG IL B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MTG IL B's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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