Modern Times Group MTG AB (STU:MRTA) Selling, General, & Admin. Expense: €421 Mil (TTM As of Jun. 2026)

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STU:MRTA Modern Times Group MTG AB STU:MRTA
80 GF Score
Price €11.24
GF Value €15.71
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Modern Times Group MTG AB Selling, General, & Admin. Expense?

Modern Times Group MTG AB STU:MRTA +2.84% 80 Selling, General, & Admin. Expense is €421 Mil as of Jun. 2026. GuruFocus rates STU:MRTA with a GF Score™ of 80/100 and a GF Value™ of €15.71 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Modern Times Group MTG AB's selling, general, & admin. expense for the three months ended in Jun. 2026 was €0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €421 Mil.


Modern Times Group MTG AB  (STU:MRTA) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Modern Times Group MTG AB Selling, General, & Admin. Expense Related Terms


Modern Times Group MTG AB Selling, General, & Admin. Expense Historical Data

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The historical data trend for Modern Times Group MTG AB's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Modern Times Group MTG AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.00 317.73 305.29 310.97 612.65

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
Selling, General, & Admin. Expense 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 160.81 135.35 174.23 111.31 0.00

STU:MRTA vs NTES, EA, TTWO: Selling, General, & Admin. Expense Comparison

For the Electronic Gaming & Multimedia subindustry, Modern Times Group MTG AB's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Modern Times Group MTG AB's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Modern Times Group MTG AB's Selling, General, & Admin. Expense falls into.


STU:MRTA
80GF Score
Modern Times Group MTG AB STU:MRTA
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Times Group MTG AB Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €421 Mil.

* 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.

What does a Selling, General, & Admin. Expense of €421 Mil mean?
Modern Times Group MTG AB (STU:MRTA) has a Selling, General, & Admin. Expense of €421 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Modern Times Group MTG AB and its competitors.
Is Modern Times Group MTG AB's Selling, General, & Admin. Expense too high?
Modern Times Group MTG AB's current Selling, General, & Admin. Expense is €421 Mil. Overall, Modern Times Group MTG AB has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Selling, General, & Admin. Expense compare to NTES and EA?
Modern Times Group MTG AB's Selling, General, & Admin. Expense of €421 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 Selling, General, & Admin. Expense for an Interactive Media company?
A good Selling, General, & Admin. Expense depends on the Interactive Media industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Modern Times Group MTG AB and its competitors. Modern Times Group MTG AB's current Selling, General, & Admin. Expense is €421 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?
Based on GuruFocus' analysis, Modern Times Group MTG AB (STU:MRTA) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.71, compared to a current price of €11.24 — trading 28.5% below its estimated fair value. The current Selling, General, & Admin. Expense is €421 Mil. Modern Times Group MTG AB's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Modern Times Group MTG AB (STU:MRTA), the current Selling, General, & Admin. Expense is €421 Mil 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 (STU:MRTA) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Times Group MTG AB stock appears to be undervalued. The current stock price of €11.24 is trading 28.5% below its estimated GF Value™ of €15.71. GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.

Key valuation signals for STU:MRTA:

  • Selling, General, & Admin. Expense: €421 Mil
  • GF Value™: €15.71 vs. price of €11.24 (28.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the STU: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.
80GF Score

Get the complete analysis for STU:MRTA

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.24
Price
€15.71
GF Value