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: November 14, 2025

Oldest updated estimate: November 13, 2025

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 152.29 SEK (+33.00% 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

Trigon

Grzegorz Balcerski

Key financials, estimates

Quarterly Estimates

Yearly estimate

MSEK, unless otherwise specified

Q3 2025

Q4 2025E

Net sales

2,987

3,138

Net sales growth (%)

108

Organic growth (%)

Adjusted EBITDA

675

724

Adjusted EBITDA margin (%)

EBITDA

590

727

Operating profit (EBIT)

232

364

Net profit

213

Earnings per share (SEK)

0.33

1.75

MSEK, unless otherwise specified

2024

2025E

2026E

2027E

Net sales

6,015

11,590

12,178

12,648

Net sales growth (%)

Organic growth (%)

-1

Adjusted EBITDA

1,666

2,661

2,936

3,138

Adjusted EBITDA margin (%)

EBITDA

1,476

2,512

2,901

3,110

Operating profit (EBIT)

901

1,113

1,449

1,633

Net profit

-210

242

663

846

Earnings per share (SEK)

-1.74

1.83

5.62

7.31

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