Spotify Technology S.A.
Exchange: NYSESector: Communication ServicesIndustry: Internet Content & Information
Values in USD · ADR · Reports in EUR
Spotify’s platform revolutionized music listening forever when we launched in 2008. Today, more listeners than ever can discover, manage and enjoy over 100 million tracks, nearly 7 million podcasts titles, and 350,000 audiobooks a la carte on Spotify. We are the world’s most popular audio streaming subscription service with more than 678 million users, including 268 million subscribers across 184 markets.
Did you know?
Profit margin stands at 15.4%.
Current Price
$441.51
-1.13%GoodMoat Value
$819.86
85.7% undervaluedProfile
Valuation (TTM)
Market Cap$90.88B
P/E28.61
EV—
P/B9.27
Shares Out205.83M
P/Sales4.43
Revenue$20.50B
EV/EBITDA23.36
Spotify Technology S.A. (SPOT) Stock Analysis
Market Cap$90.88B
Current Price$441.51
P/E Ratio28.61
Forward P/E—
PEG Ratio0.13
EPS$12.36
Book Value$47.61
P/B Ratio9.27
SPOT Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 37.9% FCF growth (CAGR)
Cash vs Debt
Net Cash: 4.0B
Revenue
7.6B
FY19
9.6B
FY20
11.0B
FY21
12.5B
FY22
14.7B
FY23
16.3B
FY24
20.2B
FY25
Net Income
—
FY19
—
FY20
—
FY21
—
FY22
—
FY23
1.2B
FY24
2.6B
FY25
SPOT 52-Week Range
$412.75
$775.90
50-Day MA: $498.81200-Day MA: $591.74
Did you know?
Trading 86% below its estimated fair value of $819.86.
Spotify Technology S.A. (SPOT) Financial Summary
Spotify Technology S.A. (SPOT) is a Communication Services company in the Internet Content & Information industry, listed on NYSE. The stock currently trades at $441.51 with a market capitalization of $90.88B.
Key valuation metrics include a P/E ratio of 28.61, price-to-book ratio of 9.27, and EPS of $12.36. The company reports a profit margin of 15.4% and return on equity of 32.3%.
SPOT Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $90.88B |
| P/E Ratio | 28.61 |
| EPS | $12.36 |
| P/B Ratio | 9.27 |
| P/S Ratio | 4.43 |
| EV/EBITDA | 23.36 |
| Profit Margin | 15.4% |
| Return on Equity | 32.3% |
| Debt/Equity | 0.23 |
SPOT Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $7.60B | $-208.99M |
| FY20 | $9.61B | $-708.54M |
| FY21 | $10.99B | $-38.64M |
| FY22 | $12.48B | $-457.45M |
| FY23 | $14.72B | $-591.11M |
| FY24 | $16.33B | $1.19B |
| FY25 | $20.22B | $2.60B |
Spotify Technology S.A. (SPOT) Valuation
Based on GoodMoat's DCF model, Spotify Technology S.A. has a fair value estimate of $819.86. At the current price of $441.51, the stock appears 46.1% undervalued relative to our intrinsic value estimate.
SPOT Quality Indicators
Spotify Technology S.A. maintains a profit margin of 15.4% and an operating margin of 12.8%. Return on equity stands at 32.3%. The current ratio is 1.72. Debt-to-equity ratio is 0.23.
About Spotify Technology S.A.
Spotify’s platform revolutionized music listening forever when we launched in 2008. Today, more listeners than ever can discover, manage and enjoy over 100 million tracks, nearly 7 million podcasts titles, and 350,000 audiobooks a la carte on Spotify. We are the world’s most popular audio streaming subscription service with more than 678 million users, including 268 million subscribers across 184 markets.
SPOT Free Cash Flow
Spotify Technology S.A. generated $3.38B in trailing twelve-month free cash flow, representing an FCF yield of 3.72%. This moderate FCF yield indicates reasonable cash generation.
SPOT Shares Outstanding
Spotify Technology S.A. has 0.21 billion shares outstanding at a share price of $441.51, giving it a market capitalization of $90.88B.