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Modern Times Group MTG ABFRA:MRTA -3.36%71 Earnings Yield (Joel Greenblatt) % is 6.01% as of Jun. 2026, which is 0% below its 10-year median of 6.04. GuruFocus rates FRA:MRTA with a GF Score™ of 71/100 and a GF Value™ of €15.84 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 549 Interactive Media companies, Modern Times Group MTG AB ranks better than 59.74% on this metric.
Modern Times Group MTG AB's Enterprise Value for the quarter that ended in Jun. 2026 was €1,621 Mil.
Modern Times Group MTG AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €98 Mil. Modern Times Group MTG AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.01%.
The historical rank and industry rank for Modern Times Group MTG AB's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:MRTA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.95 Med: 6.04 Max: 21.3
Current: 5.85
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Modern Times Group MTG AB was 21.30%. The lowest was -8.95%. And the median was 6.04%.
FRA:MRTA's Earnings Yield (Joel Greenblatt) % is ranked better than 59.74% of 549
companies
in the Interactive Media industry
Industry Median: 1.67
vs FRA:MRTA: 5.85
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Modern Times Group MTG AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 28.54%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Modern Times Group MTG AB (FRA:MRTA) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Modern Times Group MTG AB Earnings Yield (Joel Greenblatt) % Related Terms
Modern Times Group MTG AB Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Modern Times Group MTG AB's Earnings Yield (Joel Greenblatt) % 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.
Modern Times Group MTG AB Earnings Yield (Joel Greenblatt) % Chart
For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Modern Times Group MTG AB's Earnings Yield (Joel Greenblatt) % falls into.
Modern Times Group MTG AB Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Modern Times Group MTG ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Modern Times Group MTG AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €98 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.01% mean?
Modern Times Group MTG AB (FRA:MRTA) has a Earnings Yield (Joel Greenblatt) % of 6.01% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Modern Times Group MTG AB and its competitors. This is near median its historical median of 6.04. According to the industry distribution chart, Modern Times Group MTG AB ranks #221 out of 549 companies in the Interactive Media industry, placing it in the top 40.3%.
Is Modern Times Group MTG AB's Earnings Yield (Joel Greenblatt) % too high?
Modern Times Group MTG AB's current Earnings Yield (Joel Greenblatt) % of 6.01% is near median its 10-year median of 6.04. The Interactive Media industry median Earnings Yield (Joel Greenblatt) % is 1.67. Modern Times Group MTG AB's value of 6.01% is 259.9% above this industry median. Based on the distribution chart, Modern Times Group MTG AB ranks #221 out of 549 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Modern Times Group MTG AB has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Earnings Yield (Joel Greenblatt) % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #221 out of 549 companies for Earnings Yield (Joel Greenblatt) %. This puts Modern Times Group MTG AB in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.67. Modern Times Group MTG AB's value of 6.01% is 259.9% above this benchmark. While the company's 10-year median is 6.04 vs. the industry median of 1.67, Modern Times Group MTG AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Interactive Media company?
The median Earnings Yield (Joel Greenblatt) % among Interactive Media companies is 1.67, based on 549 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modern Times Group MTG AB's current Earnings Yield (Joel Greenblatt) % of 6.01% is 259.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Modern Times Group MTG AB and its competitors. For the Interactive Media industry, the median Earnings Yield (Joel Greenblatt) % is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Times Group MTG AB's current Earnings Yield (Joel Greenblatt) % is 6.01%, which is near median its own 10-year median of 6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Times Group MTG AB stock overvalued right now?
Based on GuruFocus' analysis, Modern Times Group MTG AB (FRA:MRTA) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.84, compared to a current price of €11.51 — trading 27.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.01%, which is near median its 10-year median of 6.04 and 259.9% above the Interactive Media industry median of 1.67. Modern Times Group MTG AB's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current Earnings Yield (Joel Greenblatt) % is 6.01% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Modern Times Group MTG AB (FRA:MRTA) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Times Group MTG AB stock appears to be undervalued.
The current stock price of €11.51 is trading 27.3% below its estimated GF Value™ of €15.84.
GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.
Key valuation signals for FRA:MRTA:
Earnings Yield (Joel Greenblatt) %: 6.01% (near median its 10-year median of 6.04)
GF Value™: €15.84 vs. price of €11.51 (27.3% below fair value)
Industry Position: 259.9% above the Interactive Media median (#221 of 549)
No single metric tells the full story. See the FRA:MRTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Times Group MTG AB owns and operates gaming companies and studios with popular IPs across a wide range of casual and mid-core genres. The company's portfolio covers a wide range of evergreen gaming franchises like RAID: Shadow Legends, Forge of Empires, Top Drives, and Bloons, as well as word games like CrossWord Jam and WordTrip. Its games generate revenues through in-app purchases, advertising, and from third-party distribution platforms. It operates in a single business segment.
71GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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