Modern Times Group MTG AB (FRA:MRTA) 3-Year ROIIC % : 0.00% (As of Dec. 2025)


FRA:MRTA Modern Times Group MTG AB FRA:MRTA
74 GF Score
Price €11.09
GF Value €15.48
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Modern Times Group MTG AB 3-Year ROIIC %?

Modern Times Group MTG AB FRA:MRTA +0.18% 74 3-Year ROIIC % is 0.00 as of Dec. 2025. GuruFocus rates FRA:MRTA with a GF Score™ of 74/100 and a GF Value™ of €15.48 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 530 Interactive Media companies, Modern Times Group MTG AB ranks worse than 188679.06% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Modern Times Group MTG AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Modern Times Group MTG AB's 3-Year ROIIC % or its related term are showing as below:

FRA:MRTA's 3-Year ROIIC % is not ranked *
in the Interactive Media industry.
Industry Median: 3.485
* Ranked among companies with meaningful 3-Year ROIIC % only.

Modern Times Group MTG AB  (FRA:MRTA) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Modern Times Group MTG AB 3-Year ROIIC % Related Terms


Modern Times Group MTG AB 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Modern Times Group MTG AB's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Modern Times Group MTG AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 5.91 0.00 0.00 0.00

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
3-Year ROIIC % 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 0.00 0.00

FRA:MRTA vs NTES, EA, TTWO: 3-Year ROIIC % Comparison

For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Modern Times Group MTG AB's 3-Year ROIIC % falls into.


FRA:MRTA
74GF Score
Modern Times Group MTG AB FRA:MRTA
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Times Group MTG AB 3-Year ROIIC % Calculation

Modern Times Group MTG AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0 (Dec. 2025) - 24.532398 (Dec. 2022) )/( 1882.78 (Dec. 2025) - 1449.838 (Dec. 2022) )
=/432.942
=0.00%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.00 mean?
Modern Times Group MTG AB (FRA:MRTA) has a 3-Year ROIIC % of 0.00 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Modern Times Group MTG AB and its competitors. Over the past decade, Modern Times Group MTG AB's 3-Year ROIIC % has ranged from 0.80 to 13.98. According to the industry distribution chart, Modern Times Group MTG AB ranks #999999 out of 530 companies in the Interactive Media industry.
Is Modern Times Group MTG AB's 3-Year ROIIC % too high?
Modern Times Group MTG AB's current 3-Year ROIIC % is 0.00. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 13.98. Based on the distribution chart, Modern Times Group MTG AB ranks #999999 out of 530 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 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's 3-Year ROIIC % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Modern Times Group MTG AB ranks #999999 out of 530 companies for 3-Year ROIIC %. This places Modern Times Group MTG AB in the lower half of its industry. The industry median 3-Year ROIIC % is 3.49. Historically, Modern Times Group MTG AB's own 3-Year ROIIC % has ranged from 0.80 to 13.98 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 3-Year ROIIC % for an Interactive Media company?
The median 3-Year ROIIC % among Interactive Media companies is 3.49, based on 530 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Modern Times Group MTG AB and its competitors. For the Interactive Media industry, the median 3-Year ROIIC % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Times Group MTG AB's current 3-Year ROIIC % is 0.00. 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 €15.48, compared to a current price of €11.09 — trading 28.4% below its estimated fair value. The current 3-Year ROIIC % is 0.00. Modern Times Group MTG AB's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current 3-Year ROIIC % is 0.00 as of Dec. 2025. 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 €11.09 is trading 28.4% below its estimated GF Value™ of €15.48. GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.

Key valuation signals for FRA:MRTA:

  • 3-Year ROIIC %: 0.00
  • GF Value™: €15.48 vs. price of €11.09 (28.4% below fair value)
  • GF Score™: 74/100 with 6 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.
74GF Score

Get the complete analysis for FRA:MRTA

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.09
Price
€15.48
GF Value