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: October 28, 2025

Oldest updated estimate: July 14, 2025

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 148.86 SEK (+16.93% 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

Q2 2025

Q3 2025E

Q4 2025E

Net sales

2,911

2,956

3,152

Net sales growth (%)

103

104

Organic growth (%)

Adjusted EBITDA

640

656

760

Adjusted EBITDA margin (%)

EBITDA

596

649

753

Operating profit (EBIT)

222

269

376

Net profit

-61

192

Earnings per share (SEK)

-0.52

0.90

1.74

MSEK, unless otherwise specified

2024

2025E

2026E

2027E

Net sales

6,015

11,605

12,355

12,837

Net sales growth (%)

Organic growth (%)

-1

Adjusted EBITDA

1,666

2,665

2,984

3,187

Adjusted EBITDA margin (%)

EBITDA

1,476

2,594

2,956

3,165

Operating profit (EBIT)

901

1,174

1,484

1,680

Net profit

-210

330

698

888

Earnings per share (SEK)

-1.74

3.33

6.32

7.91

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