Modern Times Group MTG AB (FRA:MRTA) Momentum Rank: 1 (As of Sep. 21, 2026) — 86% Below Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MRTA Modern Times Group MTG AB FRA:MRTA
70 GF Score
Price €11.82
GF Value €15.13
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Modern Times Group MTG AB Momentum Rank?

Modern Times Group MTG AB FRA:MRTA -0.84% 70 Momentum Rank is 1 as of Sep. 21, 2026, which is 86% below its 10-year median of 7.00. GuruFocus rates FRA:MRTA with a GF Score™ of 70/100 and a GF Value™ of €15.13 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Modern Times Group MTG AB has the Momentum Rank of 1.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Modern Times Group MTG AB Momentum Rank Related Terms


FRA:MRTA vs NTES, TTWO, RBLX: Momentum Rank Comparison

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

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

* The bar in red indicates where Modern Times Group MTG AB's Momentum Rank falls into.


FRA:MRTA
70GF Score
Modern Times Group MTG AB FRA:MRTA
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 1 mean?
Modern Times Group MTG AB (FRA:MRTA) has a Momentum Rank of 1 as of Sep. 21, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Modern Times Group MTG AB and its competitors. This is 86% below median its historical median of 7.00. Over the past decade, Modern Times Group MTG AB's Momentum Rank has ranged from 1.00 to 10.00.
Is Modern Times Group MTG AB's Momentum Rank too high?
Modern Times Group MTG AB's current Momentum Rank of 1 is 86% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, Modern Times Group MTG AB has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Momentum Rank compare to NTES and TTWO?
Modern Times Group MTG AB's Momentum Rank of 1 can be compared against companies in the Interactive Media industry. Historically, Modern Times Group MTG AB's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for an Interactive Media company?
A good Momentum Rank depends on the Interactive Media industry context. However, Momentum Rank 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 Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Modern Times Group MTG AB and its competitors. Modern Times Group MTG AB's current Momentum Rank is 1, which is 86% below median its own 10-year median of 7.00. 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 €15.13, compared to a current price of €11.82 — trading 21.9% below its estimated fair value. The current Momentum Rank is 1, which is 86% below median its 10-year median of 7.00. Modern Times Group MTG AB's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current Momentum Rank is 1 as of Sep. 21, 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 €11.82 is trading 21.9% below its estimated GF Value™ of €15.13. GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.

Key valuation signals for FRA:MRTA:

  • Momentum Rank: 1 (86% below median its 10-year median of 7.00)
  • GF Value™: €15.13 vs. price of €11.82 (21.9% below fair value)
  • GF Score™: 70/100 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.
70GF Score

Get the complete analysis for FRA:MRTA

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

€11.82
Price
€15.13
GF Value