Is Spotify undervalued or overvalued?
As of 2025-03-19, the Intrinsic Value of Spotify Technology SA (SPOT) is 684.01 USD. This Spotify valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 569.48 USD, the upside of Spotify Technology SA is 20.10%. This means that Spotify is undervalued by 20.10%.
The range of the Intrinsic Value is 394.17 - 3,279.53 USD
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 394.17 - 3,279.53 | 684.01 | 20.1% |
| DCF (Growth 10y) | 586.24 - 4,796.07 | 1,011.27 | 77.6% |
| DCF (EBITDA 5y) | 376.46 - 526.59 | 421.01 | -26.1% |
| DCF (EBITDA 10y) | 560.14 - 840.11 | 651.84 | 14.5% |
| Fair Value | 30.24 - 30.24 | 30.24 | -94.69% |
| P/E | 122.15 - 273.83 | 189.01 | -66.8% |
| EV/EBITDA | 139.98 - 245.95 | 176.54 | -69.0% |
| EPV | 31.90 - 39.84 | 35.87 | -93.7% |
| DDM - Stable | 80.79 - 883.71 | 482.25 | -15.3% |
| DDM - Multi | 296.25 - 2,585.99 | 537.05 | -5.7% |
| Market Cap (mil) | 116,578.25 |
| Beta | 0.88 |
| Outstanding shares (mil) | 204.71 |
| Enterprise Value (mil) | 113,554.21 |
| Market risk premium | 4.60% |
| Cost of Equity | 6.93% |
| Cost of Debt | 4.25% |
| WACC | 6.87% |