profit from every SEK 100 of sales.
SEK 0SEK 100
Modern Times Group MTG
SEK 103.00+1.98% today
-5.5% in 1 year
1-year low SEK 80.501-year high SEK 140.00
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Modern Times Group MTG sold, what it kept, and what it did with the cash.
Sales went from SEK 5.54 billion in 2022 to SEK 11.6 billion in 2025, with -SEK 62.0 million of profit last year.
SalesProfit
Modern Times Group MTG handed back 20% of the cash it generated last year.
Buybacks SEK 345M
Free cash flow 2025SEK 1.7B
Bought back its own sharesSEK 345M
Paid as dividends–
Cash vs. debtSEK 1.2B vs. SEK 3.7B
Modern Times Group MTG vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| Modern Times Group MTG | No profit yet | ||
 NetEase | 16.2× · Fair price | ||
 Nintendo | 35.0× · Expensive | ||
 Electronic Arts | 59.7× · Expensive | ||
 Take-Two Interactive Software | No profit yet |
AI analysis
An AI analyst reads Modern Times Group MTG's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,537 | 5,829 | 6,015 | 11,579 | |
| 4,014 | 4,252 | 4,462 | 7,637 | |
| 533 | 874 | 891 | 950 | |
| 1,408 | 1,115 | 760 | 2,095 | |
| 6,579 | 164 | -210 | -62 | |
| 56.06 | 1.32 | -1.74 | -0.53 | |
| 72.5% | 72.9% | 74.2% | 66.0% | |
| 9.6% | 15.0% | 14.8% | 8.2% | |
| 118.8% | 2.8% | -3.5% | -0.5% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 18,768 | 17,501 | 18,069 | 19,285 |
| Cash | 4,733 | 2,956 | 3,543 | 1,230 |
| Total debt | 66 | 174 | 151 | 3,741 |
| Total liabilities | 4,834 | 3,787 | 4,333 | 8,668 |
| 13,934 | 13,714 | 13,736 | 10,617 | |
| 117 | 124 | 121 | 117 | |
| 4.2% | 3.2% | 1.1% | 3.9% | |
| 47.2% | 1.2% | -1.5% | -0.6% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 868 | 1,258 | 1,340 | 1,723 | |
| – | 212 | 98 | – | |
| 868 | 1,258 | 1,340 | 1,723 | |
| Dividends paid | – | – | – | – |
| 3,176 | 499 | 350 | 345 | |
| – | – | – | – |
Valuation
- –
- –
- –
- 1.4×
- 1.0×
- 7.1×
- 7.0×
- 14.2%
- -0.5%
- –
Profitability
- 66.0%
- 8.2%
- -0.5%
- –
- 3.9%
- 3.1%
- –
- –
- –
- –
Growth
- +27.9%
- –
- –
- –
- −0.1%
Financial health
- 1.2×
- 0.35
- –
- 2.5×
- 0.59
- –
- –
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 31%of 435
Bottom 35%of 438
Top 8%of 439
Top 15%of 440
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
43No pass
Benjamin Graham
39No pass
Philip Fisher
54No pass
Peter Lynch
73Pass
Joel Greenblatt
15No pass
Charlie Munger
35No pass
Terry Smith
35No pass
Questions about Modern Times Group MTG
Is Modern Times Group MTG a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Modern Times Group MTG AI analysis
What does Modern Times Group MTG do?
Modern Times Group MTG AB, through its subsidiaries, engages in the provision of game franchises in Sweden, the United Kingdom, Germany, rest of Europe, Singapore, India, the United States, and New Zealand. It is in Electronic Gaming & Multimedia, based in Stockholm, Sweden, with 2,323 employees.
Is Modern Times Group MTG stock halal?
Questionable. Modern Times Group MTG sits in a grey zone: its debt is 31% of its market value, between 30% and 33%. How we check
How has Modern Times Group MTG stock done over the past year?
Down 5.5% over the past twelve months, to SEK 103.00. It traded between SEK 80.50 and SEK 140.00 and is 26.4% below its high.
Who are Modern Times Group MTG's competitors?
The largest listed companies in the same industry are NetEase, Nintendo, Electronic Arts and Take-Two Interactive Software. The peers table on this page compares their profit, growth and price with Modern Times Group MTG's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.