Modern Times Group MTG AB
LSE:0GXJ
Intrinsic Value
Modern Times Group MTG AB engages as an entertainment company. [ Read More ]
The intrinsic value of one 0GXJ stock under the Base Case scenario is 66.9029 SEK. Compared to the current market price of 81.5435 SEK, Modern Times Group MTG AB is Overvalued by 18%.
Valuation Backtest
Modern Times Group MTG AB
Run backtest to discover the historical profit from buying and selling 0GXJ stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
MTG Q4 Earnings Highlight Organic Growth and Acquisitions
2023-Q4 Earnings Call
MTG ended the year with a solid fourth quarter, delivering 3% organic growth, propelled by its casual studio PlaySimple, and achieved a remarkable 47% increase in its adjusted EBITDA, reaching an impressive 28% margin. The merger with the game developer Monumental and the acquisition of Snowprint, fully integrated into day-to-day operations, illustrate strategic moves to enhance their gaming portfolio. The deal positions MTG with a 30% stake in a potential gaming powerhouse alongside its U.S. studio Kongregate. Despite a full-year revenue dip of 2%, which was within guidance, the second half saw a turnaround with 2% positive growth, led by Word Games franchise and PlaySimple's success. Daily active users and sales also grew, indicating robust business momentum into 2024.
Balance Sheet Decomposition
Modern Times Group MTG AB
Current Assets | 3.7B |
Cash & Short-Term Investments | 3B |
Receivables | 787m |
Non-Current Assets | 13.8B |
Long-Term Investments | 399m |
PP&E | 211m |
Intangibles | 12.9B |
Other Non-Current Assets | 288m |
Current Liabilities | 1.9B |
Short-Term Debt | 534m |
Other Current Liabilities | 1.3B |
Non-Current Liabilities | 1.9B |
Long-Term Debt | 138m |
Other Non-Current Liabilities | 1.8B |
Earnings Waterfall
Modern Times Group MTG AB
Revenue
|
5.8B
SEK
|
Cost of Revenue
|
-1.6B
SEK
|
Gross Profit
|
4.3B
SEK
|
Operating Expenses
|
-3.3B
SEK
|
Operating Income
|
925m
SEK
|
Other Expenses
|
-761m
SEK
|
Net Income
|
164m
SEK
|
Free Cash Flow Analysis
Modern Times Group MTG AB
What is Free Cash Flow?
0GXJ Profitability Score
Profitability Due Diligence
Modern Times Group MTG AB's profitability score is 55/100. The higher the profitability score, the more profitable the company is.
Score
Modern Times Group MTG AB's profitability score is 55/100. The higher the profitability score, the more profitable the company is.
0GXJ Solvency Score
Solvency Due Diligence
Modern Times Group MTG AB's solvency score is 71/100. The higher the solvency score, the more solvent the company is.
Score
Modern Times Group MTG AB's solvency score is 71/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
0GXJ Price Targets Summary
Modern Times Group MTG AB
According to Wall Street analysts, the average 1-year price target for 0GXJ is 121.6799 SEK with a low forecast of 101.5339 SEK and a high forecast of 147.7771 SEK.
Shareholder Return
MTG B Price
Modern Times Group MTG AB
Average Annual Return | 19.94% |
Standard Deviation of Annual Returns | 47.96% |
Max Drawdown | -50% |
Market Capitalization | 10.2B SEK |
Shares Outstanding | 125 113 205 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Modern Times Group MTG AB engages as an entertainment company. The company is headquartered in Stockholm, Stockholm and currently employs 1,247 full-time employees. The firm operates in two segments: Esport and Gaming. The Esport segment is made up of ESL, Dreamhack and MTG VC-fund’s investments in esport related companies. Through ESL and Dreamhack,the Company operates national and international tournaments as well as grassroots amatuer cups, leagues and festivals. The Gaming segment is made up of InnoGames, Kongregate and MTG VC-fund’s investment in gaming-related companies. InnoGames is publisher of mobile and on-line games. InnoGames’ complete portfolio encompasses seven live games and several mobile titles in production. InnoGames is focused on the free-to-play segment and provides players with a cross-platform experience on PC and mobile devices. Kongregate is mobile game publisher and developer. The firm operates worldwide.
Contact
IPO
Employees
Officers
The intrinsic value of one 0GXJ stock under the Base Case scenario is 66.9029 SEK.
Compared to the current market price of 81.5435 SEK, Modern Times Group MTG AB is Overvalued by 18%.