SPOT · available-data snapshot
Spotify Technology S.A. (SPOT): Available-Data Snapshot
TickerWorth does not publish a DCF fair value for Spotify Technology S.A. (SPOT); the reason is set out below. What its filings and market data do show is below. The snapshot also sets out its trading multiples against 5 peers. Snapshot as of Oct 19, 2026.
Model by Miraaj Patel · generated from public market data · Updated Oct 19, 2026 · How these pages are made
Why is there no fair value for SPOT?
We do not publish a fair value for Spotify Technology S.A.. What we can say from its filings and market data is below.
What is SPOT's TickerWorth Score?
A stronger business than most — but not cheap
Compared with Communication Services companies in US
Its strongest point: trades below our estimate of what it's worth. Its weakest: looks expensive on the numbers.
- Value · 18 of 100
Cheaper than 18% of Communication Services companies in US
- Price vs worth · 100 of 100
- Quality · 58 of 100
More profitable than 58% of Communication Services companies in US
- Financial health · 90 of 100
Financially stronger than 90% of Communication Services companies in US
- Growth · 38 of 100
Growing faster than 38% of Communication Services companies in US
- Momentum · 65 of 100
Outperformed 65% of Communication Services companies in US over the past year
Confidence: Medium confidence · Scored
Get the Undervalued Company of the Week.
- Price
- $524.32
- Market cap
- $107,
809, 685, 504 - 52-week high
- $696.95
- 52-week low
- $405.00
- Currency
- USD
- Exchange
- NYSE
Snapshot of Oct 19, 2026, quote time not published · Prices are delayed.
What we can say
We don't publish a discounted-cash-flow fair value for Spotify Technology S.A. (SPOT) because the free data sources we rely on don't expose the multi-year financials a DCF needs — common for small or thinly-covered listings. Rather than invent numbers, this page shows an honest snapshot of what the public data does support: the current price and size, any relative valuation multiples that exist, a book-value view, and a price-based read. Treat it as a descriptive starting point, not a valuation and not investment advice.
Read the full reasoning
On the numbers we do have, SPOT trades at a recent price of $524.32, a market capitalisation of about $107,809,685,504, sitting 41% of the way up its 52-week range ($405.00–$696.95), on the NYSE.
The standard alternative to a DCF is relative valuation — comparing SPOT's trading multiples against a sector benchmark. Here that gives P/E of 30.1× (richer than the peer median of 22.2×); Fwd P/E of 30.5× (richer than the peer median of 18.6×); P/B of 11.4× (richer than the peer median of 6.7×); P/S of 6.0× (in line with the peer median of 6.1×); EV/EBITDA of 38.2× (richer than the peer median of 16.7×). A cheaper multiple than peers can flag a discount or a market that expects weaker growth; it is a comparison, not a recommendation.
The asset, or book-value, lens is the classic tool for asset-heavy businesses and financials. SPOT shows a price-to-book (P/B) of 11.44 and book value of $45.82 per share. Price-to-book compares the market price to the accounting net-asset value per share; below 1.0 can mean a discount to net assets or that the market is pricing in trouble — descriptive either way, never a buy signal on its own.
Finally, a price-based read — explicitly not a valuation. SPOT is in an up-trend (price above both its 50- and 200-day averages), trading -24.8% from its 52-week high. Over the past year the stock is -21.5%. Moving-average trend and 52-week position describe where the stock has traded; they say nothing about what it is worth.
SPOT vs peers
Sector benchmark (bellwethers, not direct competitors).
| Multiple | SPOT | Peer median | Read |
|---|---|---|---|
| P/E | 30.1× | 22.2× | richer than |
| Fwd P/E | 30.5× | 18.6× | richer than |
| P/B | 11.4× | 6.7× | richer than |
| P/S | 6.0× | 6.1× | in line with |
| EV/EBITDA | 38.2× | 16.7× | richer than |
What does Spotify Technology S.A. do?
What does it do?
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. It operates in the Internet Content & Information industry (Communication Services sector), headquartered in Sweden. The company employs roughly 7,000 people.
How does it make money?
The business turns $18.1B in annual revenue into profit. Out of every $100 of sales, about $14 is left as operating profit (operating margin of 13.7%), after a 33% gross margin on the products/services it sells. After all costs, taxes and interest, 18.4% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks solid: carries modest debt (0.1× equity), comfortably covers its short-term bills (2.1× current ratio), and is currently profitable.
SPOT insider trading
We have no recent SEC Form 4 insider filings on file for Spotify Technology S.A.. Form 4 covers US-listed companies only.
Companies we do put a number on
Not investment advice. TickerWorth Score is a model output.
A descriptive, available-data snapshot and relative comparison — NOT a DCF, NOT a price target, and NOT investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public market data that can be wrong, stale or incomplete.