Modern Times Group MTG AB (FRA:MRTA) Tax Rate %: 34.28% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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
73 GF Score
Price €10.98
GF Value €15.73
! 3 Warning Signs
View Full Analysis

What is Modern Times Group MTG AB Tax Rate %?

Modern Times Group MTG AB FRA:MRTA +0.37% 73 Tax Rate % is 34.28% as of Mar. 2026. GuruFocus rates FRA:MRTA with a GF Score™ of 73/100 and a GF Value™ of €15.73. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Modern Times Group MTG AB's Tax Expense for the three months ended in Mar. 2026 was €7 Mil. Modern Times Group MTG AB's Pre-Tax Income for the three months ended in Mar. 2026 was €19 Mil. Therefore, Modern Times Group MTG AB's Tax Rate % for the quarter that ended in Mar. 2026 was 34.28%.

Modern Times Group MTG AB Tax Rate % Related Terms

Modern Times Group MTG AB Tax Rate % Historical Data

* Premium members only.

The historical data trend for Modern Times Group MTG AB's Tax Rate % 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 Tax Rate % Chart

Modern Times Group MTG AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -474.37 49.40 70.77 215.39 114.96

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
Tax Rate % 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 68.29 164.51 71.33 -774.80 34.28
FRA:MRTA
73GF Score
Modern Times Group MTG AB FRA:MRTA
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modern Times Group MTG AB Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Modern Times Group MTG AB's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=44.476/38.687
=114.96 %

Modern Times Group MTG AB's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=6.684/19.496
=34.28 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 34.28% mean?
Modern Times Group MTG AB (FRA:MRTA) has a Tax Rate % of 34.28% as of Mar. 2026.
Is Modern Times Group MTG AB's Tax Rate % too high?
Modern Times Group MTG AB's current Tax Rate % is 34.28%. Overall, Modern Times Group MTG AB has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Tax Rate % compare to NTES and EA?
Modern Times Group MTG AB's Tax Rate % of 34.28% 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 Tax Rate % for an Interactive Media company?
A good Tax Rate % depends on the Interactive Media industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Modern Times Group MTG AB's current Tax Rate % is 34.28%. 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 Tax Rate % of 34.28%. The stock's GF Value™ is €15.73, compared to a current price of €10.98 — trading 30.2% below its estimated fair value. The current Tax Rate % is 34.28%. Modern Times Group MTG AB's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Modern Times Group MTG AB (FRA:MRTA), the current Tax Rate % is 34.28% 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 30.2% below its estimated GF Value™ of €15.73.

Key valuation signals for FRA:MRTA:

  • Tax Rate %: 34.28%
  • GF Value™: €15.73 vs. price of €10.98 (30.2% below fair value)
  • GF Score™: 73/100 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.
73GF Score

Get the complete analysis for FRA:MRTA

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

€10.98
Price
€15.73
GF Value