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Modern Times Group MTG AB (FRA:MRTA) PS Ratio : 1.93 (As of May. 27, 2024)


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What is Modern Times Group MTG AB PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Modern Times Group MTG AB's share price is €8.105. Modern Times Group MTG AB's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was €4.21. Hence, Modern Times Group MTG AB's PS Ratio for today is 1.93.

Warning Sign:

Modern Times Group MTG AB stock PS Ratio (=1.99) is close to 1-year high of 2.03

The historical rank and industry rank for Modern Times Group MTG AB's PS Ratio or its related term are showing as below:

FRA:MRTA' s PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.81   Max: 3.69
Current: 1.99

During the past 13 years, Modern Times Group MTG AB's highest PS Ratio was 3.69. The lowest was 0.26. And the median was 0.81.

FRA:MRTA's PS Ratio is ranked worse than
51.47% of 577 companies
in the Interactive Media industry
Industry Median: 1.89 vs FRA:MRTA: 1.99

Modern Times Group MTG AB's Revenue per Sharefor the three months ended in Mar. 2024 was €1.05. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was €4.21.

Warning Sign:

Modern Times Group MTG AB revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Modern Times Group MTG AB was 5.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was -3.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was -18.20% per year.

During the past 13 years, Modern Times Group MTG AB's highest 3-Year average Revenue per Share Growth Rate was 18.30% per year. The lowest was -38.90% per year. And the median was 2.10% per year.

Back to Basics: PS Ratio


Modern Times Group MTG AB PS Ratio Historical Data

The historical data trend for Modern Times Group MTG AB's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Modern Times Group MTG AB PS Ratio Chart

Modern Times Group MTG AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 2.47 2.46 1.92 1.80

Modern Times Group MTG AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.66 1.54 1.62 1.80 1.70

Competitive Comparison of Modern Times Group MTG AB's PS Ratio

For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modern Times Group MTG AB's PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's PS Ratio distribution charts can be found below:

* The bar in red indicates where Modern Times Group MTG AB's PS Ratio falls into.



Modern Times Group MTG AB PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Modern Times Group MTG AB's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=8.105/4.207
=1.93

Modern Times Group MTG AB's Share Price of today is €8.105.
Modern Times Group MTG AB's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.21.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Modern Times Group MTG AB  (FRA:MRTA) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Modern Times Group MTG AB PS Ratio Related Terms

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Modern Times Group MTG AB (FRA:MRTA) Business Description

Traded in Other Exchanges
Address
Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13
Modern Times Group MTG AB invests in esports, mobile games and other digital entertainment. The group's companies offer a wide range of games available to audiences all over the world. MTG's portfolio of IP spans across both the casual and mid-core segments of the gaming market. A vast majority of games are available to consumers on a free-to-play (F2P) basis, and the group primarily generates revenues from in-app purchases and in-app advertising. The Group operates in Europe, Singapore, USA, India and New Zealand.

Modern Times Group MTG AB (FRA:MRTA) Headlines

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