ScoreWhy is Spotify Technology SA ?
1
Company has a low Debt to Equity ratio (avg) at times
2
Healthy long term growth as Net Sales has grown by an annual rate of 17.43%
3
The company has declared Positive results for the last 7 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at USD 3,151.69 MM
- RAW MATERIAL COST(Y) Fallen by -8.24% (YoY)
- CASH AND EQV(HY) Highest at USD 18,342.23 MM
4
With ROE of 23.47%, it has a fair valuation with a 21.52 Price to Book Value
- Over the past year, while the stock has generated a return of 25.57%, its profits have risen by 1282.9% ; the PEG ratio of the company is 0.1
5
Consistent Returns over the last 3 years
- Along with generating 25.57% returns in the last 1 year, the stock has outperformed S&P 500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Spotify Technology SA should be less than 10%
- Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Spotify Technology SA for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Spotify Technology SA
4.01%
2.12
44.23%
S&P 500
17.45%
0.70
20.15%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
16.62%
EBIT Growth (5y)
57.35%
EBIT to Interest (avg)
4.06
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-1.00
Sales to Capital Employed (avg)
2.49
Tax Ratio
21.96%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
70.00%
ROCE (avg)
0
ROE (avg)
5.33%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
87
Industry P/E
Price to Book Value
17.87
EV to EBIT
65.61
EV to EBITDA
61.82
EV to Capital Employed
528.33
EV to Sales
7.28
PEG Ratio
0.71
Dividend Yield
NA
ROCE (Latest)
805.20%
ROE (Latest)
20.60%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend22What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 3,478.18 MM
ROCE(HY)
Highest at 32.98%
RAW MATERIAL COST(Y)
Fallen by -2.99% (YoY
CASH AND EQV(HY)
Highest at USD 21,766.37 MM
DEBTORS TURNOVER RATIO(HY)
Highest at 20.39 times
NET SALES(Q)
Highest at USD 5,273.78 MM
OPERATING PROFIT(Q)
Highest at USD 845.01 MM
OPERATING PROFIT MARGIN(Q)
Highest at 16.02 %
PRE-TAX PROFIT(Q)
Highest at USD 1,188.37 MM
NET PROFIT(Q)
Highest at USD 1,366.46 MM
EPS(Q)
Highest at USD 5.16
-11What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 2,503.45
INTEREST(Q)
Highest at USD 33.75 MM
Here's what is working for Spotify Technology SA
Operating Cash Flow
Highest at USD 3,478.18 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Net Profit
At USD 1,366.46 MM has Grown at 193.72%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (USD MM)
Net Sales
Highest at USD 5,273.78 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Operating Profit
Highest at USD 845.01 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (USD MM)
Operating Profit Margin
Highest at 16.02 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at USD 1,188.37 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Pre-Tax Profit
At USD 1,188.37 MM has Grown at 87.87%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Net Profit
Highest at USD 1,366.46 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
EPS
Highest at USD 5.16
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (USD)
Cash and Eqv
Highest at USD 21,766.37 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio
Highest at 20.39 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -2.99% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Spotify Technology SA
Interest
At USD 33.75 MM has Grown at 261.04%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (USD MM)
Interest Coverage Ratio
Lowest at 2,503.45
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at USD 33.75 MM
in the last five periods and Increased by 261.04% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (USD MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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