Modern Times Group MTG ABFRA:MRTA -0.37%87 Gross Margin % is 67.17% as of Mar. 2026, which is 16% above its 10-year median of 57.83. GuruFocus rates FRA:MRTA with a GF Score™ of 87/100 and a GF Value™ of €15.49 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 497 Interactive Media companies, Modern Times Group MTG AB ranks better than 53.12% on this metric.
Modern Times Group MTG AB (FRA:MRTA) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Modern Times Group MTG AB had a gross margin of 67.17% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Modern Times Group MTG AB Gross Margin % Related Terms
Modern Times Group MTG AB Gross Margin % Historical Data
* 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.
FRA:MRTA vs NTES, EA, TTWO: Gross Margin % Comparison
For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Modern Times Group MTG AB's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Modern Times Group MTG AB (FRA:MRTA) has a Gross Margin % of 67.17% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Modern Times Group MTG AB and its competitors. This is 16% above median its historical median of 57.83. Over the past decade, Modern Times Group MTG AB's Gross Margin % has ranged from 33.88 to 74.18. According to the industry distribution chart, Modern Times Group MTG AB ranks #233 out of 497 companies in the Interactive Media industry, placing it in the top 46.9%.
Is Modern Times Group MTG AB's Gross Margin % too high?
Modern Times Group MTG AB's current Gross Margin % of 67.17% is 16% above median its 10-year median of 57.83. Over the past 10 years, this metric has ranged from a low of 33.88 to a high of 74.18. The Interactive Media industry median Gross Margin % is 62.58. Modern Times Group MTG AB's value of 67.17% is 7.3% above this industry median. Based on the distribution chart, Modern Times Group MTG AB ranks #233 out of 497 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Modern Times Group MTG AB has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #233 out of 497 companies for Gross Margin %. This puts Modern Times Group MTG AB in the upper half of its industry. The industry median Gross Margin % is 62.58. Modern Times Group MTG AB's value of 67.17% is 7.3% above this benchmark. Historically, Modern Times Group MTG AB's own Gross Margin % has ranged from 33.88 to 74.18 over the past decade. While the company's 10-year median is 57.83 vs. the industry median of 62.58, 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 Gross Margin % for an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modern Times Group MTG AB's current Gross Margin % of 67.17% is 7.3% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Modern Times Group MTG AB and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Times Group MTG AB's current Gross Margin % is 67.17%, which is 16% above median its own 10-year median of 57.83. 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 Significantly Undervalued. The stock's GF Value™ is €15.49, compared to a current price of €10.84 — trading 30% below its estimated fair value. The current Gross Margin % is 67.17%, which is 16% above median its 10-year median of 57.83 and 7.3% above the Interactive Media industry median of 62.58. Modern Times Group MTG AB's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current Gross Margin % is 67.17% as of Mar. 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 €10.84 is trading 30% below its estimated GF Value™ of €15.49.
GuruFocus considers Modern Times Group MTG AB to be Significantly Undervalued.
Key valuation signals for FRA:MRTA:
Gross Margin %: 67.17% (16% above median its 10-year median of 57.83)
GF Value™: €15.49 vs. price of €10.84 (30% below fair value)
Industry Position: 7.3% above the Interactive Media median (#233 of 497)
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.
87GF Score
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