Modern Times Group MTG AB/Skr MTG B
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Modern Times Group MTG AB
Modern Times Group MTG AB is a Swedish digital entertainment company operating primarily in the gaming and esports industries. The company focuses on developing and publishing mobile and online games, with notable investments in gaming studios and esports organizations. Founded in 1987, MTG was initially a media company but has since transitioned to digital entertainment, capitalizing on the growing gaming market. Headquartered in Stockholm, Sweden, MTG maintains a strategic presence in various global markets to leverage diverse gaming audiences. Its competitive strengths include a robust portfolio of gaming and esports assets, enabling cross-platform synergies and audience engagement.
- Ticker
- Skr MTG B
- Sector
- Consumer Discretionary
- Primary listing
- XSTO
- Employees
- 2,324
- Headquarters
- Stockholm, Sweden
- Website
- www.mtg.com
MTG B Metrics
BasicAdvanced
kr 12B
42.75
kr 2.37
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Price and volume
Market cap
kr 12B
52-week high
kr 142.00
52-week low
kr 82.90
Average daily volume
419K
Financial strength
Current ratio
0.778
Quick ratio
0.778
Long term debt to equity
0.301
Total debt to equity
0.403
Profitability
EBITDA (TTM)
2,249
Gross margin (TTM)
69.82%
Net profit margin (TTM)
2.30%
Operating margin (TTM)
9.91%
Effective tax rate (TTM)
54.08%
Revenue per employee (TTM)
kr 5,270,000
Management effectiveness
Return on assets (TTM)
3.84%
Return on equity (TTM)
2.46%
Valuation
Price to earnings (TTM)
42.752
Price to revenue (TTM)
0.982
Price to book
1.03
Price to tangible book (TTM)
-2.78
Price to free cash flow (TTM)
5.756
Free cash flow yield (TTM)
17.37%
Free cash flow per share (TTM)
17.616
Growth
Revenue change (TTM)
20.58%
Earnings per share change (TTM)
-240.33%
3-year revenue growth (CAGR)
29.41%
10-year revenue growth (CAGR)
-2.18%
3-year earnings per share growth (CAGR)
198.69%
10-year earnings per share growth (CAGR)
-4.03%
What the Analysts think about MTG B
Analyst ratings (Buy, Hold, Sell) for Modern Times Group MTG AB stock.
Analyst projections of the future price of Modern Times Group MTG AB stock.
Bulls say / Bears say
For the first nine months of 2026, organic revenue rose 5% and adjusted EBITDA grew 14%; cash conversion reached 82%, giving MTG room to invest and return capital to shareholders. (MTG)
PlaySimple grew 11% in Q3 and 23% year to date, helping offset weaker midcore games. New titles are scaling, with further launches in the pipeline. (MTG)
Direct-to-consumer sales reached 42% of group revenue in Q3, up from 26% a year earlier. This gives MTG more control of player relationships and can reduce reliance on app-store fees. (MTG)
Q3 pro forma revenue fell 2% year on year, and management expects full-year growth towards the lower end of its 5–8% range. That points to a sharp slowdown from the first half’s 10% pro forma growth. (MTG)
Playamp revenue fell 6% in Q3, with Forge of Empires down 13% and Warhammer 40,000: Tacticus down 10%. Weakness in established games risks offsetting growth from newer titles. (MTG)
User-acquisition spending rose to 39% of revenue, while Google’s new fees on some external-link transactions reduce part of the savings from direct sales. These costs could limit margin gains if marketing remains elevated. (MTG)
Data summarised monthly by Lightyear AI. Last updated on 5 Nov 2026.
MTG B Financial Performance
Revenues and expenses
MTG B Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing MTG B
AllUSDEURGBP
Fund name | Fund size | Skr MTG B weighting |
|---|---|---|
VanEck Video Gaming and eSports€ESP0 | $590M | 1.05% |
VanEck Video Gaming and eSports£ESGB | $590M | 1.05% |
VanEck Video Gaming and eSports$ESPO | $613M | 1.05% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.07% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.07% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.