(SPOT) Spotify Technology - Ratings and Ratios
Music, Podcasts, Streaming Services
SPOT EPS (Earnings per Share)
SPOT Revenue
Description: SPOT Spotify Technology
Spotify Technology S.A. is a leading global audio streaming service provider, operating through two main segments: Premium and Ad-Supported. The Premium segment offers ad-free, unlimited online and offline streaming to subscribers, while the Ad-Supported segment provides on-demand access to its vast music and podcast catalog with commercials.
Key Performance Indicators (KPIs) for Spotify include revenue growth, subscriber acquisition and retention rates, average revenue per user (ARPU), and ad revenue per user. As a publicly traded company, Spotifys financials are closely monitored, with a market capitalization of $145.4 billion USD. The companys return on equity (RoE) stands at 22.57%, indicating a relatively strong ability to generate profits from shareholder equity.
From a growth perspective, Spotifys user base and revenue have been steadily increasing, driven by the growing demand for streaming services. The companys ability to expand its user base, particularly in emerging markets, will be crucial to its future success. Additionally, Spotifys diversification into podcasting and other audio content will be important in maintaining its competitive edge and attracting new users.
Analyzing Spotifys stock performance, the current price is near its 52-week high, with significant support levels at $615.6, $567.0, and $484.5. The stocks price movement is influenced by factors such as user growth, revenue, and profitability, as well as overall market trends. With a forward P/E ratio of 64.52, investors are pricing in significant growth expectations for the company.
SPOT Stock Overview
| Market Cap in USD | 142,051m |
| Sub-Industry | Movies & Entertainment |
| IPO / Inception | 2018-04-03 |
SPOT Stock Ratings
| Growth Rating | 86.5% |
| Fundamental | 79.4% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 75.0% |
| Analyst Rating | 4.05 of 5 |
SPOT Dividends
Currently no dividends paidSPOT Growth Ratios
| Growth Correlation 3m | -45.1% |
| Growth Correlation 12m | 92.8% |
| Growth Correlation 5y | 43.2% |
| CAGR 5y | 94.64% |
| CAGR/Max DD 3y | 3.51 |
| CAGR/Mean DD 3y | 24.09 |
| Sharpe Ratio 12m | 2.10 |
| Alpha | 0.04 |
| Beta | 0.900 |
| Volatility | 38.97% |
| Current Volume | 1028.6k |
| Average Volume 20d | 1183.4k |
| Stop Loss | 682.3 (-3.1%) |
| Signal | 0.20 |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (806.0m TTM) > 0 and > 6% of Revenue (6% = 996.8m TTM) |
| FCFTA 0.21 (>2.0%) and ΔFCFTA 8.05pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 18.02% (prev 15.77%; Δ 2.25pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.21 (>3.0%) and CFO 2.85b > Net Income 806.0m (YES >=105%, WARN >=100%) |
| Net Debt (-2.78b) to EBITDA (1.42b) ratio: -1.96 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.47 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (205.4m) change vs 12m ago -0.34% (target <= -2.0% for YES) |
| Gross Margin 31.63% (prev 27.51%; Δ 4.12pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 140.6% (prev 142.8%; Δ -2.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 38.44 (EBITDA TTM 1.42b / Interest Expense TTM 34.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.57
| (A) 0.22 = (Total Current Assets 9.32b - Total Current Liabilities 6.32b) / Total Assets 13.49b |
| (B) -0.22 = Retained Earnings (Balance) -2.91b / Total Assets 13.49b |
| (C) 0.11 = EBIT TTM 1.31b / Avg Total Assets 11.81b |
| (D) 0.07 = Book Value of Equity 470.1m / Total Liabilities 6.85b |
| Total Rating: 1.57 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 79.36
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 2.39% = 1.20 |
| 3. FCF Margin 16.97% = 4.24 |
| 4. Debt/Equity 0.29 = 2.46 |
| 5. Debt/Ebitda 1.36 = 1.20 |
| 6. ROIC - WACC (= 5.85)% = 7.32 |
| 7. RoE 14.00% = 1.17 |
| 8. Rev. Trend 97.17% = 7.29 |
| 9. EPS Trend 69.69% = 3.48 |
What is the price of SPOT shares?
Over the past week, the price has changed by -2.10%, over one month by -3.30%, over three months by -1.61% and over the past year by +107.79%.
Is Spotify Technology a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SPOT is around 884.32 USD . This means that SPOT is currently undervalued and has a potential upside of +25.6% (Margin of Safety).
Is SPOT a buy, sell or hold?
- Strong Buy: 19
- Buy: 6
- Hold: 13
- Sell: 2
- Strong Sell: 0
What are the forecasts/targets for the SPOT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 743.6 | 5.6% |
| Analysts Target Price | 743.6 | 5.6% |
| ValueRay Target Price | 992.2 | 40.9% |
Last update: 2025-09-13 05:05
SPOT Fundamental Data Overview
CCE Cash And Equivalents = 5.16b EUR (last quarter)
P/E Trailing = 153.7439
P/E Forward = 51.5464
P/S = 8.5506
P/B = 18.5782
P/EG = 1.7608
Beta = 1.715
Revenue TTM = 16.61b EUR
EBIT TTM = 1.31b EUR
EBITDA TTM = 1.42b EUR
Long Term Debt = unknown (0.0)
Short Term Debt = 1.93b EUR (from shortTermDebt, last quarter)
Debt = 1.93b EUR (Calculated: Short Term 1.93b + Long Term 0.0)
Net Debt = -2.78b EUR (from netDebt column, last quarter)
Enterprise Value = 117.86b EUR (121.08b + Debt 1.93b - CCE 5.16b)
Interest Coverage Ratio = 38.44 (Ebit TTM 1.31b / Interest Expense TTM 34.0m)
FCF Yield = 2.39% (FCF TTM 2.82b / Enterprise Value 117.86b)
FCF Margin = 16.97% (FCF TTM 2.82b / Revenue TTM 16.61b)
Net Margin = 4.85% (Net Income TTM 806.0m / Revenue TTM 16.61b)
Gross Margin = 31.63% ((Revenue TTM 16.61b - Cost of Revenue TTM 11.36b) / Revenue TTM)
Tobins Q-Ratio = 250.7 (set to none) (Enterprise Value 117.86b / Book Value Of Equity 470.1m)
Interest Expense / Debt = 0.41% (Interest Expense 8.00m / Debt 1.93b)
Taxrate = 15.14% (203.0m / 1.34b)
NOPAT = 1.11b (EBIT 1.31b * (1 - 15.14%))
Current Ratio = 1.47 (Total Current Assets 9.32b / Total Current Liabilities 6.32b)
Debt / Equity = 0.29 (Debt 1.93b / last Quarter total Stockholder Equity 6.64b)
Debt / EBITDA = 1.36 (Net Debt -2.78b / EBITDA 1.42b)
Debt / FCF = 0.69 (Debt 1.93b / FCF TTM 2.82b)
Total Stockholder Equity = 5.76b (last 4 quarters mean)
RoA = 5.97% (Net Income 806.0m, Total Assets 13.49b )
RoE = 14.00% (Net Income TTM 806.0m / Total Stockholder Equity 5.76b)
RoCE = 22.70% (Ebit 1.31b / (Equity 5.76b + L.T.Debt 0.0))
RoIC = 15.04% (NOPAT 1.11b / Invested Capital 7.37b)
WACC = 9.19% (E(121.08b)/V(123.02b) * Re(9.33%)) + (D(1.93b)/V(123.02b) * Rd(0.41%) * (1-Tc(0.15)))
Shares Correlation 3-Years: 75.76 | Cagr: 0.43%
Discount Rate = 9.33% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 77.37% ; FCFE base≈2.21b ; Y1≈2.73b ; Y5≈4.66b
Fair Price DCF = 304.7 (DCF Value 62.70b / Shares Outstanding 205.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 69.69 | EPS CAGR: 17.25% | SUE: -4.0 | # QB: 0
Revenue Correlation: 97.17 | Revenue CAGR: 12.46%
Additional Sources for SPOT Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle