Modern Times Group MTG ABLTS:0GXJ -0.57%71 Operating Margin % is 11.78% as of Mar. 2026, which is 52% above its 10-year median of 7.75. GuruFocus rates LTS:0GXJ with a GF Score™ of 71/100 and a GF Value™ of kr170.33 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 553 Interactive Media companies, Modern Times Group MTG AB ranks better than 62.93% on this metric.
Modern Times Group MTG AB (LTS:0GXJ) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Modern Times Group MTG AB Operating Margin % Related Terms
Modern Times Group MTG AB Operating 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.
Modern Times Group MTG AB Operating Margin % Chart
LTS:0GXJ vs NTES, EA, TTWO: Operating Margin % Comparison
For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Modern Times Group MTG AB's Operating Margin % falls into.
Modern Times Group MTG AB Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Modern Times Group MTG AB's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (LTS:0GXJ) has a Operating Margin % of 11.78% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Modern Times Group MTG AB and its competitors. This is 52% above median its historical median of 7.75. According to the industry distribution chart, Modern Times Group MTG AB ranks #205 out of 553 companies in the Interactive Media industry, placing it in the top 37.1%.
Is Modern Times Group MTG AB's Operating Margin % too high?
Modern Times Group MTG AB's current Operating Margin % of 11.78% is 52% above median its 10-year median of 7.75. The Interactive Media industry median Operating Margin % is 2.99. Modern Times Group MTG AB's value of 11.78% is 294% above this industry median. Based on the distribution chart, Modern Times Group MTG AB ranks #205 out of 553 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 Operating Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #205 out of 553 companies for Operating Margin %. This puts Modern Times Group MTG AB in the upper half of its industry. The industry median Operating Margin % is 2.99. Modern Times Group MTG AB's value of 11.78% is 294% above this benchmark. While the company's 10-year median is 7.75 vs. the industry median of 2.99, 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 Operating Margin % for an Interactive Media company?
The median Operating Margin % among Interactive Media companies is 2.99, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating 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 Operating Margin % of 11.78% is 294% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Modern Times Group MTG AB and its competitors. For the Interactive Media industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Times Group MTG AB's current Operating Margin % is 11.78%, which is 52% above median its own 10-year median of 7.75. 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 (LTS:0GXJ) is currently considered Modestly Undervalued. The stock's GF Value™ is kr170.33, compared to a current price of kr121.20 — trading 28.8% below its estimated fair value. The current Operating Margin % is 11.78%, which is 52% above median its 10-year median of 7.75 and 294% above the Interactive Media industry median of 2.99. Modern Times Group MTG AB's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Modern Times Group MTG AB (LTS:0GXJ), the current Operating Margin % is 11.78% 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 (LTS:0GXJ) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Times Group MTG AB stock appears to be undervalued.
The current stock price of kr121.20 is trading 28.8% below its estimated GF Value™ of kr170.33.
GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.
Key valuation signals for LTS:0GXJ:
Operating Margin %: 11.78% (52% above median its 10-year median of 7.75)
GF Value™: kr170.33 vs. price of kr121.20 (28.8% below fair value)
Industry Position: 294% above the Interactive Media median (#205 of 553)
No single metric tells the full story. See the LTS:0GXJ 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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