Modern Times Group MTG AB (FRA:MRTA) Net Cash per Share: €-5.00 (As of Jun. 2026)

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FRA:MRTA Modern Times Group MTG AB FRA:MRTA
73 GF Score
Price €11.54
GF Value €15.33
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Modern Times Group MTG AB Net Cash per Share?

Modern Times Group MTG AB FRA:MRTA -0.09% 73 Net Cash per Share is €-5.00 as of Jun. 2026. GuruFocus rates FRA:MRTA with a GF Score™ of 73/100 and a GF Value™ of €15.33 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 231 Interactive Media companies, Modern Times Group MTG AB ranks worse than 432900% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Modern Times Group MTG AB's Net Cash per Share for the quarter that ended in Jun. 2026 was €-5.00.

The historical rank and industry rank for Modern Times Group MTG AB's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of Modern Times Group MTG AB was 40.16. The lowest was 40.16. And the median was 40.16.

FRA:MRTA's Price-to-Net-Cash is not ranked *
in the Interactive Media industry.
Industry Median: 5.69
* Ranked among companies with meaningful Price-to-Net-Cash only.

Modern Times Group MTG AB  (FRA:MRTA) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Modern Times Group MTG AB Net Cash per Share Related Terms


Modern Times Group MTG AB Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Modern Times Group MTG AB's Net Cash per Share 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 Net Cash per Share Chart

Modern Times Group MTG AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.49 -0.07 -0.61 -0.58 -5.90

Modern Times Group MTG AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share 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 -6.48 -6.03 -5.90 -5.11 -5.00

FRA:MRTA vs NTES, TTWO, RBLX: Net Cash per Share Comparison

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

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

* The bar in red indicates where Modern Times Group MTG AB's Price-to-Net-Cash falls into.


FRA:MRTA
73GF Score
Modern Times Group MTG AB FRA:MRTA
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modern Times Group MTG AB Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Modern Times Group MTG AB's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(113.027-796.521-0)/115.809
=-5.90

Modern Times Group MTG AB's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(120.592-715.983-0)/119.042
=-5.00

* 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 Net Cash per Share →
What does a Net Cash per Share of €-5.00 mean?
Modern Times Group MTG AB (FRA:MRTA) has a Net Cash per Share of €-5.00 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Modern Times Group MTG AB and its competitors. According to the industry distribution chart, Modern Times Group MTG AB ranks #999999 out of 231 companies in the Interactive Media industry.
Is Modern Times Group MTG AB's Net Cash per Share too high?
Modern Times Group MTG AB's current Net Cash per Share is €-5.00. Based on the distribution chart, Modern Times Group MTG AB ranks #999999 out of 231 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 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Net Cash per Share compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #999999 out of 231 companies for Net Cash per Share. This places Modern Times Group MTG AB in the lower half of its industry. The industry median Net Cash per Share is 5.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Interactive Media company?
The median Net Cash per Share among Interactive Media companies is 5.69, based on 231 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Modern Times Group MTG AB and its competitors. For the Interactive Media industry, the median Net Cash per Share is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Times Group MTG AB's current Net Cash per Share is €-5.00. 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 €15.33, compared to a current price of €11.54 — trading 24.7% below its estimated fair value. The current Net Cash per Share is €-5.00. Modern Times Group MTG AB's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current Net Cash per Share is €-5.00 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 €11.54 is trading 24.7% below its estimated GF Value™ of €15.33. GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.

Key valuation signals for FRA:MRTA:

  • Net Cash per Share: €-5.00
  • GF Value™: €15.33 vs. price of €11.54 (24.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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 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.
73GF Score

Get the complete analysis for FRA:MRTA

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.54
Price
€15.33
GF Value