Spotify Technology S.A. (SPOT)
Spotify Technology S.A. Statistics
Share Statistics
Spotify Technology S.A. has 200.21M shares outstanding. The number of shares has increased by 2.61% in one year.
| Shares Outstanding | 200.21M |
| Shares Change (YoY) | 2.61% |
| Shares Change (QoQ) | 2.28% |
| Owned by Institutions (%) | 64.51% |
| Shares Floating | 149.69M |
| Failed to Deliver (FTD) Shares | 37 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 7.25M, so 3.54% of the outstanding shares have been sold short.
| Short Interest | 7.25M |
| Short % of Shares Out | 3.54% |
| Short % of Float | 4.68% |
| Short Ratio (days to cover) | 3.06 |
Valuation Ratios
The PE ratio is 78.55 and the forward PE ratio is 43.93. Spotify Technology S.A.'s PEG ratio is -0.26.
| PE Ratio | 78.55 |
| Forward PE | 43.93 |
| PS Ratio | 5.7 |
| Forward PS | 4.2 |
| PB Ratio | 16.18 |
| P/FCF Ratio | 39.14 |
| PEG Ratio | -0.26 |
Enterprise Valuation
Spotify Technology S.A. has an Enterprise Value (EV) of 86.61B.
| EV / Sales | 5.53 |
| EV / EBITDA | 57.81 |
| EV / EBIT | 37.64 |
| EV / FCF | 37.92 |
Financial Position
The company has a current ratio of 1.88, with a Debt / Equity ratio of 0.36.
| Current Ratio | 1.88 |
| Quick Ratio | 1.88 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 1.34 |
| Debt / FCF | 0.88 |
| Interest Coverage | 37.92 |
Financial Efficiency
Return on Equity is 20.6% and Return on Invested Capital is 15.33%.
| Return on Equity | 20.6% |
| Return on Assets | 9.48% |
| Return on Invested Capital | 15.33% |
| Revenue Per Employee | $2.04M |
| Profits Per Employee | $147.97K |
| Employee Count | 7,691 |
| Asset Turnover | 1.31 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 203M |
| Effective Tax Rate | 15.14% |
Stock Price Statistics
The stock price has increased by 114.12% in the last 52 weeks. The beta is 1.75, so Spotify Technology S.A.'s price volatility has been higher than the market average.
| Beta | 1.75 |
| 52-Week Price Change | 114.12% |
| 50-Day Moving Average | 576.68 |
| 200-Day Moving Average | 452.2 |
| Relative Strength Index (RSI) | 61.86 |
| Average Volume (20 Days) | 2.55M |
Income Statement
In the last 12 months, Spotify Technology S.A. had revenue of 15.67B and earned 1.14B in profits. Earnings per share was 5.5.
| Revenue | 15.67B |
| Gross Profit | 4.72B |
| Operating Income | 1.36B |
| Net Income | 1.14B |
| EBITDA | 1.5B |
| EBIT | 1.38B |
| Earnings Per Share (EPS) | 5.5 |
Balance Sheet
The company has 4.78B in cash and 2B in debt, giving a net cash position of 2.78B.
| Cash & Cash Equivalents | 4.78B |
| Total Debt | 2B |
| Net Cash | 2.78B |
| Retained Earnings | -3.04B |
| Total Assets | 12.01B |
| Working Capital | 3.93B |
Cash Flow
In the last 12 months, operating cash flow was 2.3B and capital expenditures -17M, giving a free cash flow of 2.28B.
| Operating Cash Flow | 2.3B |
| Capital Expenditures | -17M |
| Free Cash Flow | 2.28B |
| FCF Per Share | 11.04 |
Margins
Gross margin is 30.14%, with operating and profit margins of 8.71% and 7.26%.
| Gross Margin | 30.14% |
| Operating Margin | 8.71% |
| Pretax Margin | 8.56% |
| Profit Margin | 7.26% |
| EBITDA Margin | 9.56% |
| EBIT Margin | 8.71% |
| FCF Margin | 14.57% |
Dividends & Yields
SPOT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.27% |
| FCF Yield | 2.56% |
Analyst Forecast
The average price target for SPOT is $658, which is 6.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $658 |
| Price Target Difference | 6.1% |
| Analyst Consensus | Buy |
| Analyst Count | 25 |
Scores
| Altman Z-Score | 12.95 |
| Piotroski F-Score | 6 |