As of 2025-05-17, the Intrinsic Value of Spotify Technology SA (SPOT) is 675.42 USD. This Spotify valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 656.30 USD, the upside of Spotify Technology SA is 2.90%.
The range of the Intrinsic Value is 403.67 - 2,468.76 USD
Based on its market price of 656.30 USD and our intrinsic valuation, Spotify Technology SA (SPOT) is undervalued by 2.90%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 403.67 - 2,468.76 | 675.42 | 2.9% |
| DCF (Growth 10y) | 606.82 - 3,660.51 | 1,010.78 | 54.0% |
| DCF (EBITDA 5y) | 369.51 - 562.13 | 435.69 | -33.6% |
| DCF (EBITDA 10y) | 559.96 - 903.97 | 681.82 | 3.9% |
| Fair Value | 32.04 - 32.04 | 32.04 | -95.12% |
| P/E | 108.41 - 240.89 | 170.42 | -74.0% |
| EV/EBITDA | 155.65 - 245.76 | 195.91 | -70.1% |
| EPV | 32.93 - 40.77 | 36.85 | -94.4% |
| DDM - Stable | 79.62 - 653.92 | 366.77 | -44.1% |
| DDM - Multi | 302.11 - 1,973.00 | 528.25 | -19.5% |
| Market Cap (mil) | 134,351.17 |
| Beta | 0.96 |
| Outstanding shares (mil) | 204.71 |
| Enterprise Value (mil) | 131,069.96 |
| Market risk premium | 4.60% |
| Cost of Equity | 7.26% |
| Cost of Debt | 4.25% |
| WACC | 7.20% |