Modern Times Group Mtg AB
Modern Times Group MTG AB, through its subsidiaries, engages in the provision of game franchises in Sweden, the United Kingdom, Germany, rest of Europe, Singapore, India, the United States, and New Zealand. The company also provides in-app purchase, in-app advertising, and third-party distribution services. In addition, it develops and publishes mobile and online games under the PlaySimple, InnoG… Read more
Modern Times Group Mtg AB (MTG-A) - Net Assets
Latest net assets as of December 2025: Skr10.62 Billion SEK
Based on the latest financial reports, Modern Times Group Mtg AB (MTG-A) has net assets worth Skr10.62 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr19.29 Billion) and total liabilities (Skr8.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr10.62 Billion |
| % of Total Assets | 55.05% |
| Annual Growth Rate | 7.76% |
| 5-Year Change | 6.99% |
| 10-Year Change | 111.66% |
| Growth Volatility | 32.23 |
Modern Times Group Mtg AB - Net Assets Trend (2002–2025)
This chart illustrates how Modern Times Group Mtg AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Modern Times Group Mtg AB (2002–2025)
The table below shows the annual net assets of Modern Times Group Mtg AB from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr10.62 Billion | -22.71% |
| 2024-12-31 | Skr13.74 Billion | +0.16% |
| 2023-12-31 | Skr13.71 Billion | -1.58% |
| 2022-12-31 | Skr13.93 Billion | +40.42% |
| 2021-12-31 | Skr9.92 Billion | +90.24% |
| 2020-12-31 | Skr5.22 Billion | -20.74% |
| 2019-12-31 | Skr6.58 Billion | -5.96% |
| 2018-12-31 | Skr7.00 Billion | +6.48% |
| 2017-12-31 | Skr6.57 Billion | +31.02% |
| 2016-12-31 | Skr5.02 Billion | +5.20% |
| 2015-12-31 | Skr4.77 Billion | -18.23% |
| 2014-12-31 | Skr5.83 Billion | +10.12% |
| 2013-12-31 | Skr5.29 Billion | +3.14% |
| 2012-12-31 | Skr5.13 Billion | +18.02% |
| 2011-12-31 | Skr4.35 Billion | -30.28% |
| 2010-12-31 | Skr6.24 Billion | +9.84% |
| 2009-12-31 | Skr5.68 Billion | -36.75% |
| 2008-12-31 | Skr8.98 Billion | +52.85% |
| 2007-12-31 | Skr5.88 Billion | +15.08% |
| 2006-12-31 | Skr5.11 Billion | -3.79% |
| 2005-12-31 | Skr5.31 Billion | +90.50% |
| 2004-12-31 | Skr2.79 Billion | +29.73% |
| 2003-12-31 | Skr2.15 Billion | +12.93% |
| 2002-12-31 | Skr1.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Modern Times Group Mtg AB's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr10.62 Billion | 100.00% |
| Total Equity | Skr10.62 Billion | 100.00% |
Modern Times Group Mtg AB Competitors by Market Cap
The table below lists competitors of Modern Times Group Mtg AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sdiptech AB (publ)
PINK:SDTHF
|
$666.20 Million |
|
Hornbach Holding VZO O.N.
XETRA:HBH
|
$666.40 Million |
|
HEROUX-DEV.
F:5D6
|
$666.55 Million |
|
Lotte Corp
KO:004990
|
$666.61 Million |
|
Syrma SGS Technology Limited
NSE:SYRMA
|
$666.06 Million |
|
Jade Bird Fire Alarm
SHE:002960
|
$666.05 Million |
|
Japan Securities Finance Co. Ltd
F:JSE
|
$665.97 Million |
|
Shandong Mining Machinery Group Co Ltd
SHE:002526
|
$665.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Modern Times Group Mtg AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,736,000,000 to 10,617,000,000, a change of -3,119,000,000 (-22.7%).
- Net loss of 62,000,000 reduced equity.
- Share repurchases of 345,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,531,000,000.
- Other factors decreased equity by 1,142,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-62.00 Million | -0.58% |
| Share Repurchases | Skr345.00 Million | -3.25% |
| Other Comprehensive Income | Skr-1.53 Billion | -14.42% |
| Other Changes | Skr-1.14 Billion | -10.76% |
| Total Change | Skr- | -22.71% |
Book Value vs Market Value Analysis
This analysis compares Modern Times Group Mtg AB's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.49x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr24.82 | Skr86.50 | x |
| 2003-12-31 | Skr28.45 | Skr86.50 | x |
| 2004-12-31 | Skr36.94 | Skr86.50 | x |
| 2005-12-31 | Skr69.75 | Skr86.50 | x |
| 2006-12-31 | Skr65.55 | Skr86.50 | x |
| 2007-12-31 | Skr74.50 | Skr86.50 | x |
| 2008-12-31 | Skr111.48 | Skr86.50 | x |
| 2009-12-31 | Skr71.97 | Skr86.50 | x |
| 2010-12-31 | Skr79.89 | Skr86.50 | x |
| 2011-12-31 | Skr54.80 | Skr86.50 | x |
| 2012-12-31 | Skr65.32 | Skr86.50 | x |
| 2013-12-31 | Skr67.86 | Skr86.50 | x |
| 2014-12-31 | Skr75.68 | Skr86.50 | x |
| 2015-12-31 | Skr60.13 | Skr86.50 | x |
| 2016-12-31 | Skr63.41 | Skr86.50 | x |
| 2017-12-31 | Skr67.97 | Skr86.50 | x |
| 2018-12-31 | Skr74.28 | Skr86.50 | x |
| 2019-12-31 | Skr67.83 | Skr86.50 | x |
| 2020-12-31 | Skr50.41 | Skr86.50 | x |
| 2021-12-31 | Skr76.99 | Skr86.50 | x |
| 2022-12-31 | Skr113.46 | Skr86.50 | x |
| 2023-12-31 | Skr110.86 | Skr86.50 | x |
| 2024-12-31 | Skr113.99 | Skr86.50 | x |
| 2025-12-31 | Skr90.61 | Skr86.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Modern Times Group Mtg AB utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.54%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.82x
- Recent ROE (-0.58%) is below the historical average (9.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -3.56% | -1.11% | 0.97x | 3.31x | Skr-253.56 Million |
| 2003 | 13.50% | 4.58% | 1.10x | 2.67x | Skr75.00 Million |
| 2004 | 26.78% | 10.96% | 1.06x | 2.30x | Skr467.20 Million |
| 2005 | 22.47% | 14.73% | 0.82x | 1.86x | Skr654.92 Million |
| 2006 | 28.83% | 14.18% | 1.10x | 1.85x | Skr938.60 Million |
| 2007 | 24.00% | 12.01% | 1.04x | 1.93x | Skr795.20 Million |
| 2008 | 35.08% | 22.23% | 0.68x | 2.30x | Skr2.09 Billion |
| 2009 | -37.31% | -14.17% | 0.97x | 2.72x | Skr-2.55 Billion |
| 2010 | 59.15% | 27.03% | 0.94x | 2.34x | Skr2.94 Billion |
| 2011 | -31.23% | -9.57% | 1.19x | 2.73x | Skr-1.70 Billion |
| 2012 | 30.85% | 11.44% | 1.14x | 2.36x | Skr1.03 Billion |
| 2013 | 21.26% | 7.73% | 1.00x | 2.75x | Skr578.40 Million |
| 2014 | 19.88% | 7.23% | 1.11x | 2.47x | Skr566.10 Million |
| 2015 | 4.70% | 1.32% | 0.98x | 3.62x | Skr-241.60 Million |
| 2016 | -4.43% | -1.23% | 0.98x | 3.68x | Skr-693.90 Million |
| 2017 | 24.14% | 7.13% | 0.91x | 3.72x | Skr732.10 Million |
| 2018 | 18.28% | 5.26% | 0.97x | 3.58x | Skr470.20 Million |
| 2019 | -8.84% | -10.80% | 0.47x | 1.73x | Skr-975.90 Million |
| 2020 | -2.50% | -2.40% | 0.37x | 2.81x | Skr-480.10 Million |
| 2021 | -5.69% | -8.58% | 0.30x | 2.18x | Skr-1.26 Billion |
| 2022 | 1.81% | 4.55% | 0.30x | 1.35x | Skr-1.14 Billion |
| 2023 | 1.20% | 2.81% | 0.33x | 1.28x | Skr-1.21 Billion |
| 2024 | -1.53% | -3.49% | 0.33x | 1.32x | Skr-1.58 Billion |
| 2025 | -0.58% | -0.54% | 0.60x | 1.82x | Skr-1.12 Billion |
Industry Comparison
This section compares Modern Times Group Mtg AB's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $201,469,184
- Average return on equity (ROE) among peers: -22.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Modern Times Group Mtg AB (MTG-A) | Skr10.62 Billion | -3.56% | 0.82x | $666.06 Million |
| BRAVE (BRAVE) | $6.57 Million | -257.66% | 2.59x | $1.30K |
| Coffee Stain Group B (COFFEE-B) | $1.46 Billion | 13.19% | 1.75x | $13.61K |
| Enad Global 7 AB (EG7) | $250.13 Million | -11.23% | 1.84x | $43.44 Million |
| Envar Holding AB (ENVAR) | $21.81 Million | 4.19% | 0.41x | $34.58K |
| Fantasma Games AB (FAGA) | $31.93 Million | 7.12% | 0.51x | $10.81 Million |
| Flexion Mobile PLC (FLEXM) | $13.08 Million | 4.11% | 1.13x | $8.33 Million |
| Fragbite Group AB (FRAG) | $161.51 Million | -63.84% | 1.37x | $2.85 Million |
| Fsport AB (FSPORT) | $48.55 Million | -32.26% | 0.07x | $106.10K |
| GiG Software PLC (GIG-SDB) | $11.93 Million | -0.52% | 6.35x | $44.07 Million |
| Hacksaw (HACK) | $13.19 Million | 108.13% | 0.95x | $1.26 Billion |