Spotify Technology Sa Stock Price To Earnings To Growth

SPOT Stock  USD 475.24  1.37  0.29%   
Spotify Technology SA fundamentals help investors to digest information that contributes to Spotify Technology's financial success or failures. It also enables traders to predict the movement of Spotify Stock. The fundamental analysis module provides a way to measure Spotify Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spotify Technology stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Spotify Technology SA Company Price To Earnings To Growth Analysis

Spotify Technology's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Current Spotify Technology Price To Earnings To Growth

    
  (0.19) X  
Most of Spotify Technology's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spotify Technology SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Competition

Based on the latest financial disclosure, Spotify Technology SA has a Price To Earnings To Growth of -0.19 times. This is 101.58% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The price to earnings to growth for all United States stocks is 103.89% higher than that of the company.

Spotify Price To Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spotify Technology's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spotify Technology could also be used in its relative valuation, which is a method of valuing Spotify Technology by comparing valuation metrics of similar companies.
Spotify Technology is currently under evaluation in price to earnings to growth category among its peers.

Spotify Fundamentals

About Spotify Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Spotify Technology SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spotify Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spotify Technology SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Spotify Stock Analysis

When running Spotify Technology's price analysis, check to measure Spotify Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.