Analysts & estimates

MTG // Analysts & estimates

Estimates are provided by Modular Finance and are based on projections from analysts who follow MTG. MTG does not by providing this information imply its endorsement of, or concurrence with, such information, conclusions or recommendations.

Last updated estimate: February 9, 2026

Oldest updated estimate: January 13, 2026

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 146.86 SEK (+65.01% vs stock price)

Analysts

Company

Name

ABG Sundal Collier

Simon Jönsson

DNB Carnegie

Martin Arnell

Danske Bank Markets

Jacob Edler

Handelsbanken Capital Markets

Jesper Stugemo

Kepler Cheuvreux

Rasmus Engberg

Nordea Markets

Trigon

Grzegorz Balcerski

Key financials, estimates

Quarterly Estimates

Yearly estimate

MSEK, unless otherwise specified

Q4 2025

Q1 2026E

Q2 2026E

Q3 2026E

Net sales

3,123

2,884

2,956

Net sales growth (%)

-1

Organic growth (%)

Adjusted EBITDA

717

653

664

710

Adjusted EBITDA margin (%)

EBITDA

603

636

647

695

Operating profit (EBIT)

219

278

288

371

Net profit

-105

111

114

165

Earnings per share (SEK)

-0.90

1.22

1.30

1.50

MSEK, unless otherwise specified

2025

2026E

2027E

2028E

Net sales

11,579

11,885

12,400

12,833

Net sales growth (%)

Organic growth (%)

Adjusted EBITDA

2,648

2,829

3,034

3,217

Adjusted EBITDA margin (%)

EBITDA

2,383

2,775

2,993

3,167

Operating profit (EBIT)

963

1,344

1,542

1,697

Net profit

-62

595

789

905

Earnings per share (SEK)

-0.53

5.06

6.81

8.27

Analysts & estimates

Estimates are provided by Modular Finance and are based on projections from analysts who follow MTG. MTG does not by providing this information imply its endorsement of, or concurrence with, such information, conclusions or recommendations.

Analysts

Net sales, Estimates

Adjusted EBITDA, estimates

Key financials, estimates