SPOTIFY TECHNOLOGY SA (1SPOT.MI) Fundamental Analysis & Valuation

BIT:1SPOT • LU1778762911

Current stock price

459.5 EUR
+46.55 (+11.27%)
Last:

This 1SPOT.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. 1SPOT.MI Profitability Analysis

1.1 Basic Checks

  • In the past year 1SPOT was profitable.
  • In the past year 1SPOT had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: 1SPOT reported negative net income in multiple years.
  • Each year in the past 5 years 1SPOT had a positive operating cash flow.
1SPOT.MI Yearly Net Income VS EBIT VS OCF VS FCF1SPOT.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 14.73%, 1SPOT belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
  • 1SPOT has a better Return On Equity (26.56%) than 84.44% of its industry peers.
  • 1SPOT's Return On Invested Capital of 18.46% is amongst the best of the industry. 1SPOT outperforms 91.11% of its industry peers.
Industry RankSector Rank
ROA 14.73%
ROE 26.56%
ROIC 18.46%
ROA(3y)5.95%
ROA(5y)2.35%
ROE(3y)8.69%
ROE(5y)1.31%
ROIC(3y)N/A
ROIC(5y)N/A
1SPOT.MI Yearly ROA, ROE, ROIC1SPOT.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200 -200 -400

1.3 Margins

  • With an excellent Profit Margin value of 12.87%, 1SPOT belongs to the best of the industry, outperforming 84.44% of the companies in the same industry.
  • 1SPOT has a Operating Margin of 12.79%. This is in the better half of the industry: 1SPOT outperforms 73.33% of its industry peers.
  • 1SPOT has a worse Gross Margin (31.98%) than 71.11% of its industry peers.
  • In the last couple of years the Gross Margin of 1SPOT has grown nicely.
Industry RankSector Rank
OM 12.79%
PM (TTM) 12.87%
GM 31.98%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.62%
GM growth 5Y4.57%
1SPOT.MI Yearly Profit, Operating, Gross Margins1SPOT.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. 1SPOT.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1SPOT is creating value.
  • The number of shares outstanding for 1SPOT has been increased compared to 1 year ago.
  • The number of shares outstanding for 1SPOT has been increased compared to 5 years ago.
  • The debt/assets ratio for 1SPOT has been reduced compared to a year ago.
1SPOT.MI Yearly Shares Outstanding1SPOT.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
1SPOT.MI Yearly Total Debt VS Total Assets1SPOT.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 10.39 indicates that 1SPOT is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of 1SPOT (10.39) is better than 93.33% of its industry peers.
  • The Debt to FCF ratio of 1SPOT is 0.68, which is an excellent value as it means it would take 1SPOT, only 0.68 years of fcf income to pay off all of its debts.
  • 1SPOT has a Debt to FCF ratio of 0.68. This is amongst the best in the industry. 1SPOT outperforms 91.11% of its industry peers.
  • 1SPOT has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
  • 1SPOT's Debt to Equity ratio of 0.05 is amongst the best of the industry. 1SPOT outperforms 91.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 0.68
Altman-Z 10.39
ROIC/WACC2.48
WACC7.44%
1SPOT.MI Yearly LT Debt VS Equity VS FCF1SPOT.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 1.72 indicates that 1SPOT should not have too much problems paying its short term obligations.
  • The Current ratio of 1SPOT (1.72) is better than 88.89% of its industry peers.
  • A Quick Ratio of 1.72 indicates that 1SPOT should not have too much problems paying its short term obligations.
  • 1SPOT has a better Quick ratio (1.72) than 88.89% of its industry peers.
Industry RankSector Rank
Current Ratio 1.72
Quick Ratio 1.72
1SPOT.MI Yearly Current Assets VS Current Liabilites1SPOT.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. 1SPOT.MI Growth Analysis

3.1 Past

  • 1SPOT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.72%, which is quite impressive.
  • The Revenue has grown by 9.65% in the past year. This is quite good.
  • The Revenue has been growing by 16.88% on average over the past years. This is quite good.
EPS 1Y (TTM)51.72%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%151.7%
Revenue 1Y (TTM)9.65%
Revenue growth 3Y13.59%
Revenue growth 5Y16.88%
Sales Q2Q%6.81%

3.2 Future

  • Based on estimates for the next years, 1SPOT will show a very strong growth in Earnings Per Share. The EPS will grow by 22.44% on average per year.
  • The Revenue is expected to grow by 12.44% on average over the next years. This is quite good.
EPS Next Y58.65%
EPS Next 2Y40.81%
EPS Next 3Y32.92%
EPS Next 5Y22.44%
Revenue Next Year13.44%
Revenue Next 2Y13.63%
Revenue Next 3Y13.25%
Revenue Next 5Y12.44%

3.3 Evolution

  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
1SPOT.MI Yearly Revenue VS Estimates1SPOT.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B
1SPOT.MI Yearly EPS VS Estimates1SPOT.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 10 20 30

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Find the best growth stocksShow best growing peers

4

4. 1SPOT.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 54.96, the valuation of 1SPOT can be described as expensive.
  • 1SPOT's Price/Earnings ratio is a bit cheaper when compared to the industry. 1SPOT is cheaper than 62.22% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.91. 1SPOT is valued rather expensively when compared to this.
  • 1SPOT is valuated quite expensively with a Price/Forward Earnings ratio of 34.64.
  • 1SPOT's Price/Forward Earnings is on the same level as the industry average.
  • 1SPOT is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 54.96
Fwd PE 34.64
1SPOT.MI Price Earnings VS Forward Price Earnings1SPOT.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • 1SPOT's Enterprise Value to EBITDA is on the same level as the industry average.
  • 1SPOT's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 32.94
EV/EBITDA 36.04
1SPOT.MI Per share data1SPOT.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

  • 1SPOT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of 1SPOT may justify a higher PE ratio.
  • A more expensive valuation may be justified as 1SPOT's earnings are expected to grow with 32.92% in the coming years.
PEG (NY)0.94
PEG (5Y)N/A
EPS Next 2Y40.81%
EPS Next 3Y32.92%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. 1SPOT.MI Dividend Analysis

5.1 Amount

  • 1SPOT does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

1SPOT.MI Fundamentals: All Metrics, Ratios and Statistics

SPOTIFY TECHNOLOGY SA

BIT:1SPOT (3/17/2026, 7:00:00 PM)

459.5

+46.55 (+11.27%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)02-10
Earnings (Next)04-21
Inst Owners68.17%
Inst Owner ChangeN/A
Ins Owners15.33%
Ins Owner ChangeN/A
Market Cap94.60B
Revenue(TTM)17.19B
Net Income(TTM)2.21B
Analysts82.17
Price Target570.82 (24.23%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)60.73%
Min EPS beat(2)58.63%
Max EPS beat(2)62.82%
EPS beat(4)2
Avg EPS beat(4)-13.13%
Min EPS beat(4)-121.7%
Max EPS beat(4)62.82%
EPS beat(8)4
Avg EPS beat(8)-1.71%
EPS beat(12)6
Avg EPS beat(12)27.76%
EPS beat(16)7
Avg EPS beat(16)29%
Revenue beat(2)0
Avg Revenue beat(2)-1.39%
Min Revenue beat(2)-1.78%
Max Revenue beat(2)-1%
Revenue beat(4)0
Avg Revenue beat(4)-2.16%
Min Revenue beat(4)-3.59%
Max Revenue beat(4)-1%
Revenue beat(8)0
Avg Revenue beat(8)-1.97%
Revenue beat(12)0
Avg Revenue beat(12)-2.18%
Revenue beat(16)0
Avg Revenue beat(16)-1.86%
PT rev (1m)-5.98%
PT rev (3m)-11.49%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)10.93%
EPS NY rev (1m)7.11%
EPS NY rev (3m)5.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.22%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.9%
Valuation
Industry RankSector Rank
PE 54.96
Fwd PE 34.64
P/S 5.5
P/FCF 32.94
P/OCF 32.25
P/B 11.36
P/tB 13.13
EV/EBITDA 36.04
EPS(TTM)8.36
EY1.82%
EPS(NY)13.26
Fwd EY2.89%
FCF(TTM)13.95
FCFY3.04%
OCF(TTM)14.25
OCFY3.1%
SpS83.48
BVpS40.46
TBVpS35
PEG (NY)0.94
PEG (5Y)N/A
Graham Number87.23
Profitability
Industry RankSector Rank
ROA 14.73%
ROE 26.56%
ROCE 24.61%
ROIC 18.46%
ROICexc N/A
ROICexgc N/A
OM 12.79%
PM (TTM) 12.87%
GM 31.98%
FCFM 16.71%
ROA(3y)5.95%
ROA(5y)2.35%
ROE(3y)8.69%
ROE(5y)1.31%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.62%
GM growth 5Y4.57%
F-Score7
Asset Turnover1.14
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 0.68
Debt/EBITDA 0.19
Cap/Depr 59.8%
Cap/Sales 0.35%
Interest Coverage 61.06
Cash Conversion 127.52%
Profit Quality 129.84%
Current Ratio 1.72
Quick Ratio 1.72
Altman-Z 10.39
F-Score7
WACC7.44%
ROIC/WACC2.48
Cap/Depr(3y)25.88%
Cap/Depr(5y)31.84%
Cap/Sales(3y)0.17%
Cap/Sales(5y)0.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.72%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%151.7%
EPS Next Y58.65%
EPS Next 2Y40.81%
EPS Next 3Y32.92%
EPS Next 5Y22.44%
Revenue 1Y (TTM)9.65%
Revenue growth 3Y13.59%
Revenue growth 5Y16.88%
Sales Q2Q%6.81%
Revenue Next Year13.44%
Revenue Next 2Y13.63%
Revenue Next 3Y13.25%
Revenue Next 5Y12.44%
EBIT growth 1Y61.03%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year50.25%
EBIT Next 3Y32.32%
EBIT Next 5Y22.08%
FCF growth 1Y25.74%
FCF growth 3Y415.22%
FCF growth 5Y73.82%
OCF growth 1Y27.47%
OCF growth 3Y299.5%
OCF growth 5Y62.48%

SPOTIFY TECHNOLOGY SA / 1SPOT.MI Fundamental Analysis FAQ

What is the fundamental rating for 1SPOT stock?

ChartMill assigns a fundamental rating of 6 / 10 to 1SPOT.MI.


Can you provide the valuation status for SPOTIFY TECHNOLOGY SA?

ChartMill assigns a valuation rating of 4 / 10 to SPOTIFY TECHNOLOGY SA (1SPOT.MI). This can be considered as Fairly Valued.


How profitable is SPOTIFY TECHNOLOGY SA (1SPOT.MI) stock?

SPOTIFY TECHNOLOGY SA (1SPOT.MI) has a profitability rating of 6 / 10.


What are the PE and PB ratios of SPOTIFY TECHNOLOGY SA (1SPOT.MI) stock?

The Price/Earnings (PE) ratio for SPOTIFY TECHNOLOGY SA (1SPOT.MI) is 54.96 and the Price/Book (PB) ratio is 11.36.