Modern Times Group MTG AB (STU:MRTA) EV-to-FCF: 8.45 (As of Jul. 02, 2026) — 34% Below Median


STU:MRTA Modern Times Group MTG AB STU:MRTA
78 GF Score
Price €11.23
GF Value €15.91
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Modern Times Group MTG AB EV-to-FCF?

Modern Times Group MTG AB STU:MRTA +1.63% 78 EV-to-FCF is 8.45 as of Jul. 02, 2026, which is 34% below its 10-year median of 12.79. GuruFocus rates STU:MRTA with a GF Score™ of 78/100 and a GF Value™ of €15.91 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 336 Interactive Media companies, Modern Times Group MTG AB ranks better than 53.57% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Modern Times Group MTG AB's Enterprise Value is €1,608 Mil. Modern Times Group MTG AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €190 Mil. Therefore, Modern Times Group MTG AB's EV-to-FCF for today is 8.45.

The historical rank and industry rank for Modern Times Group MTG AB's EV-to-FCF or its related term are showing as below:

STU:MRTA' s EV-to-FCF Range Over the Past 10 Years
Min: -59.42   Med: 12.79   Max: 222.22
Current: 8.61

During the past 13 years, the highest EV-to-FCF of Modern Times Group MTG AB was 222.22. The lowest was -59.42. And the median was 12.79.

STU:MRTA's EV-to-FCF is ranked better than
53.57% of 336 companies
in the Interactive Media industry
Industry Median: 9.995 vs STU:MRTA: 8.61

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-02), Modern Times Group MTG AB's stock price is €11.23. Modern Times Group MTG AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.008. Therefore, Modern Times Group MTG AB's PE Ratio (TTM) for today is 1,403.75.


Modern Times Group MTG AB  (STU:MRTA) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Modern Times Group MTG AB's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.23/0.008
=1,403.75

Modern Times Group MTG AB's share price for today is €11.23.
Modern Times Group MTG AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.008.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Modern Times Group MTG AB EV-to-FCF Related Terms


Modern Times Group MTG AB EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Modern Times Group MTG AB's EV-to-FCF 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 EV-to-FCF Chart

Modern Times Group MTG AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.36 7.52 6.01 5.64 9.12

Modern Times Group MTG AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 13.46 14.56 15.30 9.12 6.75

STU:MRTA vs NTES, EA, TTWO: EV-to-FCF Comparison

For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Interactive Media Industry

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

* The bar in red indicates where Modern Times Group MTG AB's EV-to-FCF falls into.


STU:MRTA
78GF Score
Modern Times Group MTG AB STU:MRTA
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modern Times Group MTG AB EV-to-FCF Calculation

Modern Times Group MTG AB's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1607.723/190.166
=8.45

Modern Times Group MTG AB's current Enterprise Value is €1,608 Mil.
Modern Times Group MTG AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €190 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 8.45 mean?
Modern Times Group MTG AB (STU:MRTA) has a EV-to-FCF of 8.45 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Modern Times Group MTG AB and its competitors. This is 34% below median its historical median of 12.79. According to the industry distribution chart, Modern Times Group MTG AB ranks #156 out of 336 companies in the Interactive Media industry, placing it in the top 46.4%.
Is Modern Times Group MTG AB's EV-to-FCF too high?
Modern Times Group MTG AB's current EV-to-FCF of 8.45 is 34% below median its 10-year median of 12.79. The Interactive Media industry median EV-to-FCF is 10.00. Modern Times Group MTG AB's value of 8.45 is 15.5% below this industry median. Based on the distribution chart, Modern Times Group MTG AB ranks #156 out of 336 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Modern Times Group MTG AB has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's EV-to-FCF compare to NTES and EA?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #156 out of 336 companies for EV-to-FCF. This puts Modern Times Group MTG AB in the upper half of its industry. The industry median EV-to-FCF is 10.00. Modern Times Group MTG AB's value of 8.45 is 15.5% below this benchmark. While the company's 10-year median is 12.79 vs. the industry median of 10.00, Modern Times Group MTG AB has consistently been below 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 EV-to-FCF for an Interactive Media company?
The median EV-to-FCF among Interactive Media companies is 10.00, based on 336 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modern Times Group MTG AB's current EV-to-FCF of 8.45 is 15.5% below 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Modern Times Group MTG AB and its competitors. For the Interactive Media industry, the median EV-to-FCF is 10.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Times Group MTG AB's current EV-to-FCF is 8.45, which is 34% below median its own 10-year median of 12.79. 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 (STU:MRTA) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.91, compared to a current price of €11.23 — trading 29.4% below its estimated fair value. The current EV-to-FCF is 8.45, which is 34% below median its 10-year median of 12.79 and 15.5% below the Interactive Media industry median of 10.00. Modern Times Group MTG AB's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Modern Times Group MTG AB (STU:MRTA), the current EV-to-FCF is 8.45 as of Jul. 02, 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 (STU:MRTA) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Times Group MTG AB stock appears to be undervalued. The current stock price of €11.23 is trading 29.4% below its estimated GF Value™ of €15.91. GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.

Key valuation signals for STU:MRTA:

  • EV-to-FCF: 8.45 (34% below median its 10-year median of 12.79)
  • GF Value™: €15.91 vs. price of €11.23 (29.4% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 15.5% below the Interactive Media median (#156 of 336)

No single metric tells the full story. See the STU:MRTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modern Times Group MTG AB Business Description

Address Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13
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.
78GF Score

Get the complete analysis for STU:MRTA

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.23
Price
€15.91
GF Value