Spotify Technology SA
NYSE:SPOT

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Spotify Technology SA
NYSE:SPOT
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Price: 475.04 USD 0.92% Market Closed
Market Cap: 95.4B USD
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Relative Value

The Relative Value of one SPOT stock under the Base Case scenario is 168.15 USD. Compared to the current market price of 475.04 USD, Spotify Technology SA is Overvalued by 65%.

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
Base Case
168.15 USD
Overvaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
6
vs Industry
20
Median 3Y
2.5
Median 5Y
3.6
Industry
1.5
Forward
5.7
vs History
7
vs Industry
Median 3Y
-48.3
Median 5Y
-74.6
Industry
17.3
Forward
76.8
vs History
79
vs Industry
5
Median 3Y
72
Median 5Y
96.2
Industry
11.4
vs History
57
vs Industry
6
Median 3Y
52.2
Median 5Y
66.7
Industry
15.9
vs History
4
vs Industry
3
Median 3Y
13.8
Median 5Y
13.8
Industry
1.7
vs History
6
vs Industry
20
Median 3Y
2.3
Median 5Y
3.4
Industry
1.5
Forward
5.5
vs History
14
vs Industry
12
Median 3Y
9.1
Median 5Y
13.3
Industry
3.3
vs History
49
vs Industry
0
Median 3Y
92.5
Median 5Y
92.5
Industry
8.7
Forward
58
vs History
23
vs Industry
Median 3Y
-29.6
Median 5Y
-48.1
Industry
12
Forward
67.7
vs History
79
vs Industry
6
Median 3Y
67.1
Median 5Y
91.4
Industry
10.5
vs History
88
vs Industry
7
Median 3Y
75.7
Median 5Y
121.2
Industry
13.2
vs History
0
vs Industry
4
Median 3Y
8.3
Median 5Y
9
Industry
1.4

Multiples Across Competitors

SPOT Competitors Multiples
Spotify Technology SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
Spotify Technology SA
NYSE:SPOT
96B USD 6.1 131.4 93.6 108
US
Netflix Inc
NASDAQ:NFLX
383.8B USD 10.2 49.3 15.6 40.3
US
Walt Disney Co
NYSE:DIS
214.3B USD 2.3 43.1 14.6 20.8
NL
Universal Music Group NV
AEX:UMG
41.3B EUR 3.6 26.7 27.3 27.3
US
Live Nation Entertainment Inc
NYSE:LYV
32.3B USD 1.4 140.3 18.1 25.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
24.8B USD 0.6 -2.2 2.8 -155.1
US
TKO Group Holdings Inc
NYSE:TKO
23.2B USD 17.3 137.1 66.5 88
CN
Tencent Music Entertainment Group
NYSE:TME
19.5B USD 5.1 23.6 20.6 20.6
FR
Bollore SE
PAR:BOL
16.6B EUR 0.9 4.2 7.7 24.9
US
Warner Music Group Corp
NASDAQ:WMG
16.5B USD 2.6 30.6 15.5 20.8
US
Endeavor Group Holdings Inc
NYSE:EDR
13.9B USD 1.6 -19 45 -73

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