Modern Times Group MTG AB (publ) Logo

Modern Times Group MTG AB (publ)

MTG-A.ST

(2.2)
Stock Price

78,50 SEK

-1.09% ROA

-0.42% ROE

-162.74x PER

Market Cap.

9.874.633.769,00 SEK

4.95% DER

0% Yield

-1.01% NPM

Modern Times Group MTG AB (publ) Stock Analysis

Modern Times Group MTG AB (publ) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Modern Times Group MTG AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.75x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (3%), which means it has a small amount of debt compared to the ownership it holds

3 ROE

ROE in an average range (0.04%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (0.11%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

This company's net profit has been consistently on the rise over the past three years, indicating a strong financial performance and making it an appealing investment opportunity.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (129.614) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

Modern Times Group MTG AB (publ) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Modern Times Group MTG AB (publ) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Buy

Modern Times Group MTG AB (publ) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Modern Times Group MTG AB (publ) Revenue
Year Revenue Growth
2002 6.023.200.000
2003 6.311.300.000 4.56%
2004 6.804.900.000 7.25%
2005 8.011.900.000 15.07%
2006 10.136.000.000 20.96%
2007 11.351.000.000 10.7%
2008 13.166.000.000 13.79%
2009 14.173.000.000 7.11%
2010 13.101.000.000 -8.18%
2011 13.473.000.000 2.76%
2012 13.336.000.000 -1.03%
2013 14.129.000.000 5.61%
2014 15.746.000.000 10.27%
2015 16.218.000.000 2.91%
2016 17.299.000.000 6.25%
2017 17.537.000.000 1.36%
2018 19.741.000.000 11.16%
2019 4.242.000.000 -365.37%
2020 3.997.000.000 -6.13%
2021 5.306.000.000 24.67%
2022 5.537.000.000 4.17%
2023 5.976.000.000 7.35%
2023 5.829.000.000 -2.52%
2024 5.748.000.000 -1.41%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Modern Times Group MTG AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 203.000.000 100%
2018 63.000.000 -222.22%
2019 129.000.000 51.16%
2020 36.000.000 -258.33%
2021 119.000.000 69.75%
2022 317.000.000 62.46%
2023 0 0%
2023 249.000.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Modern Times Group MTG AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 1.167.000.000
2003 1.101.000.000 -5.99%
2004 381.300.000 -188.75%
2005 386.600.000 1.37%
2006 432.000.000 10.51%
2007 721.000.000 40.08%
2008 2.163.000.000 66.67%
2009 2.284.000.000 5.3%
2010 1.992.000.000 -14.66%
2011 2.101.000.000 5.19%
2012 2.356.000.000 10.82%
2013 2.693.000.000 12.51%
2014 3.133.000.000 14.04%
2015 3.355.000.000 6.62%
2016 3.318.000.000 -1.12%
2017 3.706.000.000 10.47%
2018 3.869.000.000 4.21%
2019 1.146.000.000 -237.61%
2020 1.130.000.000 -1.42%
2021 1.280.000.000 11.72%
2022 1.278.000.000 -0.16%
2023 1.100.000.000 -16.18%
2023 1.030.000.000 -6.8%
2024 1.084.000.000 4.98%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Modern Times Group MTG AB (publ) EBITDA
Year EBITDA Growth
2002 87.000.000
2003 436.700.000 80.08%
2004 919.600.000 52.51%
2005 1.328.400.000 30.77%
2006 2.084.000.000 36.26%
2007 2.221.000.000 6.17%
2008 -3.527.000.000 162.97%
2009 2.140.000.000 264.81%
2010 2.465.000.000 13.18%
2011 -584.000.000 522.09%
2012 2.299.000.000 125.4%
2013 2.192.000.000 -4.88%
2014 2.099.000.000 -4.43%
2015 1.127.000.000 -86.25%
2016 1.609.000.000 29.96%
2017 1.617.000.000 0.49%
2018 2.011.000.000 19.59%
2019 51.000.000 -3843.14%
2020 359.000.000 85.79%
2021 566.000.000 36.57%
2022 1.617.000.000 65%
2023 1.136.000.000 -42.34%
2023 1.432.000.000 20.67%
2024 1.672.000.000 14.35%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Modern Times Group MTG AB (publ) Gross Profit
Year Gross Profit Growth
2002 2.083.600.000
2003 2.369.000.000 12.05%
2004 2.355.200.000 -0.59%
2005 3.215.200.000 26.75%
2006 4.228.000.000 23.95%
2007 4.464.000.000 5.29%
2008 5.364.000.000 16.78%
2009 5.142.000.000 -4.32%
2010 5.199.000.000 1.1%
2011 4.693.000.000 -10.78%
2012 5.438.000.000 13.7%
2013 5.610.000.000 3.07%
2014 5.911.000.000 5.09%
2015 5.511.000.000 -7.26%
2016 6.043.000.000 8.8%
2017 6.566.000.000 7.97%
2018 7.468.000.000 12.08%
2019 1.949.000.000 -283.17%
2020 2.220.000.000 12.21%
2021 2.583.000.000 14.05%
2022 4.014.000.000 35.65%
2023 4.428.000.000 9.35%
2023 4.252.000.000 -4.14%
2024 4.228.000.000 -0.57%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Modern Times Group MTG AB (publ) Net Profit
Year Net Profit Growth
2002 -66.600.000
2003 289.300.000 123.02%
2004 745.600.000 61.2%
2005 1.180.300.000 36.83%
2006 1.437.000.000 17.86%
2007 1.363.000.000 -5.43%
2008 2.927.000.000 53.43%
2009 -2.008.000.000 245.77%
2010 3.541.000.000 156.71%
2011 -1.289.000.000 374.71%
2012 1.526.000.000 184.47%
2013 1.092.000.000 -39.74%
2014 1.139.000.000 4.13%
2015 214.000.000 -432.24%
2016 -213.000.000 200.47%
2017 1.250.000.000 117.04%
2018 1.038.000.000 -20.42%
2019 -458.000.000 326.64%
2020 -96.000.000 -377.08%
2021 -455.000.000 78.9%
2022 252.000.000 280.56%
2023 776.000.000 67.53%
2023 164.000.000 -373.17%
2024 -444.000.000 136.94%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Modern Times Group MTG AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 -1
2003 4 100%
2004 10 66.67%
2005 16 40%
2006 19 21.05%
2007 18 -11.76%
2008 38 55.26%
2009 -27 246.15%
2010 47 155.32%
2011 -17 376.47%
2012 20 185%
2013 14 -42.86%
2014 15 6.67%
2015 3 -650%
2016 -3 200%
2017 17 112.5%
2018 14 -23.08%
2019 -6 316.67%
2020 -1 -500%
2021 -4 75%
2022 2 300%
2023 6 66.67%
2023 1 -500%
2024 -4 133.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Modern Times Group MTG AB (publ) Free Cashflow
Year Free Cashflow Growth
2002 247.300.000
2003 488.700.000 49.4%
2004 471.400.000 -3.67%
2005 901.400.000 47.7%
2006 964.000.000 6.49%
2007 603.000.000 -59.87%
2008 1.829.000.000 67.03%
2009 1.387.000.000 -31.87%
2010 1.377.000.000 -0.73%
2011 1.677.000.000 17.89%
2012 1.771.000.000 5.31%
2013 901.000.000 -96.56%
2014 977.000.000 7.78%
2015 204.000.000 -378.92%
2016 352.000.000 42.05%
2017 256.000.000 -37.5%
2018 289.000.000 11.42%
2019 -426.000.000 167.84%
2020 62.000.000 787.1%
2021 54.000.000 -14.81%
2022 634.000.000 91.48%
2023 444.000.000 -42.79%
2023 1.046.000.000 57.55%
2024 351.000.000 -198.01%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Modern Times Group MTG AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2002 345.300.000
2003 624.000.000 44.66%
2004 578.000.000 -7.96%
2005 981.400.000 41.1%
2006 1.293.000.000 24.1%
2007 930.000.000 -39.03%
2008 1.985.000.000 53.15%
2009 1.546.000.000 -28.4%
2010 1.534.000.000 -0.78%
2011 1.797.000.000 14.64%
2012 1.915.000.000 6.16%
2013 1.220.000.000 -56.97%
2014 1.194.000.000 -2.18%
2015 497.000.000 -140.24%
2016 697.000.000 28.69%
2017 586.000.000 -18.94%
2018 1.054.000.000 44.4%
2019 -188.000.000 660.64%
2020 270.000.000 169.63%
2021 306.000.000 11.76%
2022 868.000.000 64.75%
2023 444.000.000 -95.5%
2023 1.258.000.000 64.71%
2024 374.000.000 -236.36%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Modern Times Group MTG AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2002 98.000.000
2003 135.300.000 27.57%
2004 106.600.000 -26.92%
2005 80.000.000 -33.25%
2006 329.000.000 75.68%
2007 327.000.000 -0.61%
2008 156.000.000 -109.62%
2009 159.000.000 1.89%
2010 157.000.000 -1.27%
2011 120.000.000 -30.83%
2012 144.000.000 16.67%
2013 319.000.000 54.86%
2014 217.000.000 -47%
2015 293.000.000 25.94%
2016 345.000.000 15.07%
2017 330.000.000 -4.55%
2018 765.000.000 56.86%
2019 238.000.000 -221.43%
2020 208.000.000 -14.42%
2021 252.000.000 17.46%
2022 234.000.000 -7.69%
2023 0 0%
2023 212.000.000 100%
2024 23.000.000 -821.74%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Modern Times Group MTG AB (publ) Equity
Year Equity Growth
2002 1.885.400.000
2003 2.145.000.000 12.1%
2004 2.785.400.000 22.99%
2005 5.306.300.000 47.51%
2006 5.105.000.000 -3.94%
2007 5.875.000.000 13.11%
2008 8.662.000.000 32.18%
2009 5.680.000.000 -52.5%
2010 6.239.000.000 8.96%
2011 4.350.000.000 -43.43%
2012 5.134.000.000 15.27%
2013 5.295.000.000 3.04%
2014 5.831.000.000 9.19%
2015 4.768.000.000 -22.29%
2016 5.016.000.000 4.94%
2017 6.572.000.000 23.68%
2018 6.998.000.000 6.09%
2019 6.581.000.000 -6.34%
2020 5.216.000.000 -26.17%
2021 9.923.000.000 47.44%
2022 13.934.000.000 28.79%
2023 14.811.000.000 5.92%
2023 13.714.000.000 -8%
2024 13.992.000.000 1.99%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Modern Times Group MTG AB (publ) Assets
Year Assets Growth
2002 6.183.600.000
2003 5.715.900.000 -8.18%
2004 6.398.400.000 10.67%
2005 9.795.500.000 34.68%
2006 9.205.000.000 -6.41%
2007 10.959.000.000 16.01%
2008 19.232.000.000 43.02%
2009 14.651.000.000 -31.27%
2010 14.002.000.000 -4.64%
2011 11.281.000.000 -24.12%
2012 11.693.000.000 3.52%
2013 14.149.000.000 17.36%
2014 14.131.000.000 -0.13%
2015 16.497.000.000 14.34%
2016 17.697.000.000 6.78%
2017 19.285.000.000 8.23%
2018 20.323.000.000 5.11%
2019 8.963.000.000 -126.74%
2020 10.799.000.000 17%
2021 17.436.000.000 38.06%
2022 18.768.000.000 7.1%
2023 18.573.000.000 -1.05%
2023 17.551.000.000 -5.82%
2024 17.725.000.000 0.98%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Modern Times Group MTG AB (publ) Liabilities
Year Liabilities Growth
2002 4.282.400.000
2003 3.568.900.000 -19.99%
2004 3.613.000.000 1.22%
2005 4.489.200.000 19.52%
2006 4.100.000.000 -9.49%
2007 5.084.000.000 19.35%
2008 10.252.000.000 50.41%
2009 8.971.000.000 -14.28%
2010 7.763.000.000 -15.56%
2011 6.931.000.000 -12%
2012 6.559.000.000 -5.67%
2013 8.854.000.000 25.92%
2014 8.300.000.000 -6.67%
2015 11.729.000.000 29.24%
2016 12.681.000.000 7.51%
2017 12.713.000.000 0.25%
2018 13.325.000.000 4.59%
2019 2.382.000.000 -459.4%
2020 5.583.000.000 57.33%
2021 7.513.000.000 25.69%
2022 4.834.000.000 -55.42%
2023 3.762.000.000 -28.5%
2023 3.837.000.000 1.95%
2024 3.733.000.000 -2.79%

Modern Times Group MTG AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
49.05
Net Income per Share
-0.49
Price to Earning Ratio
-162.74x
Price To Sales Ratio
1.66x
POCF Ratio
6.96
PFCF Ratio
7.77
Price to Book Ratio
0.7
EV to Sales
1.25
EV Over EBITDA
4.85
EV to Operating CashFlow
5.29
EV to FreeCashFlow
5.84
Earnings Yield
-0.01
FreeCashFlow Yield
0.13
Market Cap
9,87 Bil.
Enterprise Value
7,42 Bil.
Graham Number
35.83
Graham NetNet
-3.36

Income Statement Metrics

Net Income per Share
-0.49
Income Quality
4.99
ROE
-0
Return On Assets
-0
Return On Capital Employed
0.07
Net Income per EBT
-0.14
EBT Per Ebit
0.4
Ebit per Revenue
0.18
Effective Tax Rate
1.14

Margins

Sales, General, & Administrative to Revenue
0.17
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.72
Operating Profit Margin
0.18
Pretax Profit Margin
0.07
Net Profit Margin
-0.01

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
11.57
Free CashFlow per Share
10.48
Capex to Operating CashFlow
0.09
Capex to Revenue
0.02
Capex to Depreciation
0.22
Return on Invested Capital
-0.01
Return on Tangible Assets
-0.01
Days Sales Outstanding
44.48
Days Payables Outstanding
198.79
Days of Inventory on Hand
-161.75
Receivables Turnover
8.21
Payables Turnover
1.84
Inventory Turnover
-2.26
Capex per Share
1.09

Balance Sheet

Cash per Share
25,92
Book Value per Share
115,35
Tangible Book Value per Share
14.49
Shareholders Equity per Share
115.35
Interest Debt per Share
5.71
Debt to Equity
0.05
Debt to Assets
0.04
Net Debt to EBITDA
-1.6
Current Ratio
1.65
Tangible Asset Value
1,76 Bil.
Net Current Asset Value
0,14 Bil.
Invested Capital
13955000000
Working Capital
1,53 Bil.
Intangibles to Total Assets
0.69
Average Receivables
0,71 Bil.
Average Payables
0,86 Bil.
Average Inventory
-711000000
Debt to Market Cap
0.07

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Modern Times Group MTG AB (publ) Dividends
Year Dividends Growth
2007 7
2008 9 25%
2009 4 -100%
2010 5 0%
2011 7 33.33%
2012 8 14.29%
2013 9 12.5%
2014 9 11.11%
2015 10 0%
2016 10 10%
2017 11 0%
2018 11 9.09%
2022 50 78%

Modern Times Group MTG AB (publ) Profile

About Modern Times Group MTG AB (publ)

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. This segment offers its products under the ESL and Dreamhack brands. The Gaming segment develops and publishes mobile and online games under the InnoGames and Kongregate names. The company was founded in 1987 and is headquartered in Stockholm, Sweden.

CEO
Ms. Maria Redin
Employee
1.015
Address
Skeppsbron 18
Stockholm, 103 13

Modern Times Group MTG AB (publ) Executives & BODs

Modern Times Group MTG AB (publ) Executives & BODs
# Name Age
1 Ms. Maria Redin
Group President & Chief Executive Officer
70
2 Mr. Nils Mosko
Chief Financial Officer
70
3 Ms. Melanie Calu
Director of People & Culture
70
4 Bartek Gudowski
Chief Technology Officer of Viasat Broadcasting
70
5 Mr. Arnd Benninghoff
Executive Vice President of Gaming
70
6 Tobias Gyhlénius
Head of Public Relations
70
7 Mr. Stephen Harris
Co-Founder & CCO of Ninja Kiwi
70
8 Mr. Simon Hahn
Group General Counsel
70
9 Dr. Christian Pern
Chief Marketing Officer
70
10 Mr. Oliver Bulloss
Chief Product Officer
70

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