Modern Times Group MTG ABFRA:MRTA -0.37%87 Interest Coverage is 4.04 as of Mar. 2026, which is 46% below its 10-year median of 7.45. 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 316 Interactive Media companies, Modern Times Group MTG AB ranks worse than 89.24% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Modern Times Group MTG AB's
Operating Income
for the
three
months ended in Mar. 2026 was €35 Mil. Modern Times Group MTG AB's Interest Expense for the
three
months ended in Mar. 2026 was €-9 Mil.
Modern Times Group MTG AB's interest coverage for the quarter that ended in Mar. 2026 was 4.04.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Modern Times Group MTG AB's Interest Coverage or its related term are showing as below:
FRA:MRTA'
s Interest Coverage Range Over the Past 10 Years
Min: 1.81 Med: 7.45 Max: 874
Current: 2.32
FRA:MRTA's Interest Coverage is ranked worse than 89.24% of 316
companies
in the Interactive Media industry
Industry Median: 38.305
vs FRA:MRTA: 2.32
Modern Times Group MTG AB (FRA:MRTA) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Modern Times Group MTG AB Interest Coverage Related Terms
Modern Times Group MTG AB Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
FRA:MRTA vs NTES, EA, TTWO: Interest Coverage Comparison
For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Modern Times Group MTG AB's Interest Coverage falls into.
Modern Times Group MTG AB Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (FRA:MRTA) has a Interest Coverage of 4.04 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Modern Times Group MTG AB and its competitors. This is 46% below median its historical median of 7.45. Over the past decade, Modern Times Group MTG AB's Interest Coverage has ranged from 1.81 to 874.00. According to the industry distribution chart, Modern Times Group MTG AB ranks #282 out of 316 companies in the Interactive Media industry, placing it in the top 89.2%.
Is Modern Times Group MTG AB's Interest Coverage too high?
Modern Times Group MTG AB's current Interest Coverage of 4.04 is 46% below median its 10-year median of 7.45. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 874.00. The Interactive Media industry median Interest Coverage is 38.31. Modern Times Group MTG AB's value of 4.04 is 89.5% below this industry median. Based on the distribution chart, Modern Times Group MTG AB ranks #282 out of 316 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. 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 Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #282 out of 316 companies for Interest Coverage. This places Modern Times Group MTG AB in the lower half of its industry. The industry median Interest Coverage is 38.31. Modern Times Group MTG AB's value of 4.04 is 89.5% below this benchmark. Historically, Modern Times Group MTG AB's own Interest Coverage has ranged from 1.81 to 874.00 over the past decade. While the company's 10-year median is 7.45 vs. the industry median of 38.31, 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 Interest Coverage for an Interactive Media company?
The median Interest Coverage among Interactive Media companies is 38.31, based on 316 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modern Times Group MTG AB's current Interest Coverage of 4.04 is 89.5% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Modern Times Group MTG AB and its competitors. For the Interactive Media industry, the median Interest Coverage is 38.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Times Group MTG AB's current Interest Coverage is 4.04, which is 46% below median its own 10-year median of 7.45. 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 Interest Coverage is 4.04, which is 46% below median its 10-year median of 7.45 and 89.5% below the Interactive Media industry median of 38.31. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current Interest Coverage is 4.04 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:
Interest Coverage: 4.04 (46% below median its 10-year median of 7.45)
GF Value™: €15.49 vs. price of €10.84 (30% below fair value)
Industry Position: 89.5% below the Interactive Media median (#282 of 316)
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
Get the complete analysis for FRA:MRTA
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MRTA has been successfully added to your 
