Relative Valuation Lab

Implied price gap for Spotify Technology S.A. vs Apple Inc.

Live view of SEC fundamentals with peer-based benchmarks and implied valuation gaps.

Implied price

Blend averages both multiples when available.

Current vs implied

Current

—

Implied

$206.63

If Spotify Technology S.A. traded at Apple Inc. P/E multiple, the stock price would be $206.63 (vs —).

Add peers with valuation multiples to compute the implied gap.

Implied from P/E

$206.63

Implied from P/S

$742.17

Implied price calculator

Apply the selected peer multiple to the target fundamentals.

Target company

SPOT

Benchmark peer

AAPL

Spotify Technology S.A. fundamentals

Current price

—

EPS (TTM)

5.67

Rev / share

76.89

Apple Inc. multiples

P/E multiple

36.44x

P/S multiple

9.65x

Growth vs value matrix

Bottom-right quadrant is the sweet spot: high growth, low valuation.

EV/Revenue vs growth

Not enough data to plot growth vs value. Add peers with revenue and EV data.

Smart diff metrics

Highlight the winner and flag when premiums are justified.

Metric	SPOT	Delta vs AAPL	AAPL	Context
Revenue growth (LTM)	18.3%	185.0% higher	6.4%	Growth edge
Gross margin	30.1%	35.7% lower	46.9%	Pricing power
EBITDA margin	7.3%	79.8% lower	36.0%	Operating leverage
EV/Revenue	—	N/A	9.77x	-
P/E	—	Not comparable	36.44x	Not comparable
Net debt / EBITDA	1.5	356.6% higher	0.3	Lower leverage

Football field valuation

See where Spotify Technology S.A. trades vs valuation ranges.

Peer implied

$143.67 - $742.17

DCF range

$237.26 - $321.00

Value trap detector

Quality signals that explain why a cheap stock might stay cheap.

Piotroski F-Score

Financial strength (0-9).

Spotify Technology S.A.3/9

Partial coverage: 5/9 checks

Apple Inc.8/9

Altman Z-Score

Bankruptcy risk gauge.

Spotify Technology S.A.: not enough data yet.

Apple Inc.Safe (10.71)

DistressGreySafe

Enterprise value bridge

Market cap + debt - cash = EV.

Add equity value, debt, and cash to build the EV bridge.

Risk factor diff (10-K Item 1A)

Unique risks that explain valuation discounts.

SEC text parsing is not configured yet. Connect 10-K text ingestion to compare Item 1A risk factors.

MD&A sentiment pulse

Tracks uncertainty language that often precedes multiple compression.

No MD&A sentiment data found. Enable the filing text analyzer to populate this chart.

SPOT CIK: 1639920

AAPL CIK: 320193

Relative Valuation Lab

Implied price gap for Spotify Technology S.A. vs Apple Inc.

Live view of SEC fundamentals with peer-based benchmarks and implied valuation gaps.

Implied price

Blend averages both multiples when available.

Current vs implied

Current

—

Implied

$206.63

If Spotify Technology S.A. traded at Apple Inc. P/E multiple, the stock price would be $206.63 (vs —).

Add peers with valuation multiples to compute the implied gap.

Implied from P/E

$206.63

Implied from P/S

$742.17

Implied price calculator

Apply the selected peer multiple to the target fundamentals.

Target company

SPOT

Benchmark peer

AAPL

Spotify Technology S.A. fundamentals

Current price

—

EPS (TTM)

5.67

Rev / share

76.89

Apple Inc. multiples

P/E multiple

36.44x

P/S multiple

9.65x

Growth vs value matrix

Bottom-right quadrant is the sweet spot: high growth, low valuation.

EV/Revenue vs growth

Not enough data to plot growth vs value. Add peers with revenue and EV data.

Smart diff metrics

Highlight the winner and flag when premiums are justified.

Metric	SPOT	Delta vs AAPL	AAPL	Context
Revenue growth (LTM)	18.3%	185.0% higher	6.4%	Growth edge
Gross margin	30.1%	35.7% lower	46.9%	Pricing power
EBITDA margin	7.3%	79.8% lower	36.0%	Operating leverage
EV/Revenue	—	N/A	9.77x	-
P/E	—	Not comparable	36.44x	Not comparable
Net debt / EBITDA	1.5	356.6% higher	0.3	Lower leverage

Football field valuation

See where Spotify Technology S.A. trades vs valuation ranges.

Peer implied

$143.67 - $742.17

DCF range

$237.26 - $321.00

Value trap detector

Quality signals that explain why a cheap stock might stay cheap.

Piotroski F-Score

Financial strength (0-9).

Spotify Technology S.A.3/9

Partial coverage: 5/9 checks

Apple Inc.8/9

Altman Z-Score

Bankruptcy risk gauge.

Spotify Technology S.A.: not enough data yet.

Apple Inc.Safe (10.71)

DistressGreySafe

Enterprise value bridge

Market cap + debt - cash = EV.

Add equity value, debt, and cash to build the EV bridge.

Risk factor diff (10-K Item 1A)

Unique risks that explain valuation discounts.

SEC text parsing is not configured yet. Connect 10-K text ingestion to compare Item 1A risk factors.

MD&A sentiment pulse

Tracks uncertainty language that often precedes multiple compression.

No MD&A sentiment data found. Enable the filing text analyzer to populate this chart.

SPOT CIK: 1639920

AAPL CIK: 320193