Spotify Technology SA
NYSE:SPOT

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Spotify Technology SA Logo
Spotify Technology SA
NYSE:SPOT
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Price: 620.72 USD 2.44% Market Closed
Market Cap: 124.6B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one SPOT stock under the Base Case scenario is hidden USD. Compared to the current market price of 620.72 USD, Spotify Technology SA is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SPOT Relative Value
HIDDEN
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Worst Case
Base Case
Best Case

Valuation Multiples

7.1
P/S
P/S
Price to Sales
7.1
vs History
1
vs Industry
11
Median 3Y
2.5
Median 5Y
3.9
Industry
1.4
Forward
6
More Details
97.8
P/E
P/E
Price to Earnings
97.8
vs History
15
vs Industry
5
Median 3Y
-33.2
Median 5Y
-71.7
Industry
17.5
Forward
53.7
More Details
48.4
P/OCF
P/OCF
Price to OCF
48.4
vs History
87
vs Industry
7
Median 3Y
64.7
Median 5Y
96.2
Industry
10.8
More Details
50.9
P/FCFE
P/FCFE
Price to FCFE
50.9
vs History
55
vs Industry
9
Median 3Y
53.6
Median 5Y
54.6
Industry
15.7
More Details
20.1
P/B
P/B
Price to Book Value
20.1
vs History
7
vs Industry
2
Median 3Y
13.8
Median 5Y
14.6
Industry
1.7
More Details
6.8
EV/S
EV/S
Enterprise Value to Sales
6.8
vs History
1
vs Industry
12
Median 3Y
2.3
Median 5Y
3.7
Industry
1.5
Forward
5.7
More Details
22.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
22.3
vs History
11
vs Industry
8
Median 3Y
9.1
Median 5Y
13.9
Industry
3.2
More Details
69.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
69.2
vs History
50
vs Industry
5
Median 3Y
68
Median 5Y
68
Industry
8.5
Forward
39.6
More Details
75.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
75.2
vs History
25
vs Industry
5
Median 3Y
-29.6
Median 5Y
-37.8
Industry
12.2
Forward
42.3
More Details
46
EV/OCF
EV/OCF
Enterprise Value to OCF
46
vs History
85
vs Industry
8
Median 3Y
58.9
Median 5Y
91.4
Industry
10.2
More Details
46.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
46.3
vs History
85
vs Industry
9
Median 3Y
67.7
Median 5Y
121.2
Industry
13
More Details
29.2
EV/IC
EV/IC
Enterprise Value to IC
29.2
vs History
1
vs Industry
1
Median 3Y
8.3
Median 5Y
10
Industry
1.4
More Details

Multiples Across Competitors

SPOT Competitors Multiples
Spotify Technology SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
Spotify Technology SA
NYSE:SPOT
126.5B USD 7.1 97.8 69.2 75.2
US
Netflix Inc
NASDAQ:NFLX
471.2B USD 11.7 50.8 17.7 42.8
US
Walt Disney Co
NYSE:DIS
166.7B USD 1.8 29.7 11.1 15.3
NL
Universal Music Group NV
AEX:UMG
45.3B EUR 3.8 21.7 21.5 26.5
US
Live Nation Entertainment Inc
NYSE:LYV
31.1B USD 1.3 48.8 17.2 24.6
US
TKO Group Holdings Inc
NYSE:TKO
26.8B USD 20.1 158.6 77 101.9
CN
Tencent Music Entertainment Group
NYSE:TME
22.6B USD 5.8 24.8 19.8 19.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
21.1B USD 0.5 -1.9 2.5 91.8
FR
Bollore SE
PAR:BOL
15B EUR 4.8 8.3 11.3 -32.6
US
Warner Music Group Corp
NASDAQ:WMG
15.5B USD 2.4 30.7 15.5 21.4
US
Endeavor Group Holdings Inc
NYSE:EDR
13.8B USD 1.9 -17.6 34.6 -207.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
LU
Spotify Technology SA
NYSE:SPOT
Average EV/EBIT: 46.6
75.2
44%
1.7
US
Netflix Inc
NASDAQ:NFLX
42.8
21%
2
US
Walt Disney Co
NYSE:DIS
15.3
19%
0.8
NL
Universal Music Group NV
AEX:UMG
26.5
18%
1.5
US
Live Nation Entertainment Inc
NYSE:LYV
24.6
17%
1.4
US
TKO Group Holdings Inc
NYSE:TKO
101.9
47%
2.2
CN
Tencent Music Entertainment Group
NYSE:TME
19.8
21%
0.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
91.8
56%
1.6
FR
Bollore SE
PAR:BOL
Negative Multiple: -32.6 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
21.4
13%
1.6
US
Endeavor Group Holdings Inc
NYSE:EDR
Negative Multiple: -207.1 N/A N/A

See Also

Summary
SPOT intrinsic value, competitors valuation, and company profile.
DCF Valuation
SPOT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SPOT stock valuation using valuation multiples.
Wall Street Estimates
SPOT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SPOT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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