Modern Times Group MTG AB (FRA:MRTA) Retained Earnings: €0 Mil (As of Mar. 2026)

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FRA:MRTA Modern Times Group MTG AB FRA:MRTA
71 GF Score
Price €10.98
GF Value €15.68
! 3 Warning Signs
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What is Modern Times Group MTG AB Retained Earnings?

Modern Times Group MTG AB FRA:MRTA +0.37% 71 Retained Earnings is €0 Mil as of Mar. 2026. GuruFocus rates FRA:MRTA with a GF Score™ of 71/100 and a GF Value™ of €15.68. The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Modern Times Group MTG AB's retained earnings for the quarter that ended in Mar. 2026 was €0 Mil.

Modern Times Group MTG AB's quarterly retained earnings increased from Sep. 2025 (€0 Mil) to Dec. 2025 (€385 Mil) but then declined from Dec. 2025 (€385 Mil) to Mar. 2026 (€0 Mil).

Modern Times Group MTG AB's annual retained earnings declined from Dec. 2023 (€414 Mil) to Dec. 2024 (€359 Mil) but then increased from Dec. 2024 (€359 Mil) to Dec. 2025 (€385 Mil).


Modern Times Group MTG AB  (FRA:MRTA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Modern Times Group MTG AB Retained Earnings Historical Data

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The historical data trend for Modern Times Group MTG AB's Retained Earnings 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 Retained Earnings Chart

Modern Times Group MTG AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.65 445.80 413.82 358.88 385.21

Modern Times Group MTG AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 0.00 0.00 0.00 385.21 0.00
FRA:MRTA
71GF Score
Modern Times Group MTG AB FRA:MRTA
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Times Group MTG AB Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €0 Mil mean?
Modern Times Group MTG AB (FRA:MRTA) has a Retained Earnings of €0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Modern Times Group MTG AB and its competitors.
Is Modern Times Group MTG AB's Retained Earnings too high?
Modern Times Group MTG AB's current Retained Earnings is €0 Mil. Overall, Modern Times Group MTG AB has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Retained Earnings compare to NTES and EA?
Modern Times Group MTG AB's Retained Earnings of €0 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Interactive Media company?
A good Retained Earnings depends on the Interactive Media industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Modern Times Group MTG AB and its competitors. Modern Times Group MTG AB's current Retained Earnings is €0 Mil. 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?
Modern Times Group MTG AB (FRA:MRTA) has a current Retained Earnings of €0 Mil. The stock's GF Value™ is €15.68, compared to a current price of €10.98 — trading 30% below its estimated fair value. The current Retained Earnings is €0 Mil. Modern Times Group MTG AB's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current Retained Earnings is €0 Mil 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 €10.98 is trading 30% below its estimated GF Value™ of €15.68.

Key valuation signals for FRA:MRTA:

  • Retained Earnings: €0 Mil
  • GF Value™: €15.68 vs. price of €10.98 (30% below fair value)
  • GF Score™: 71/100 with 3 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.
71GF Score

Get the complete analysis for FRA:MRTA

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

€10.98
Price
€15.68
GF Value