SPOT (Spotify Technology) 3-Year Book Growth Rate : 31.60% (As of Dec. 2024)

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What is Spotify Technology 3-Year Book Growth Rate?

Spotify Technology's Book Value per Share for the quarter that ended in Dec. 2024 was $28.38.

During the past 12 months, Spotify Technology's average Book Value per Share Growth Rate was 103.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 31.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 10.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 10 years, the highest 3-Year average Book Value per Share Growth Rate of Spotify Technology was 124.70% per year. The lowest was -8.00% per year. And the median was 16.95% per year.

Competitive Comparison of Spotify Technology's 3-Year Book Growth Rate

For the Internet Content & Information subindustry, Spotify Technology's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spotify Technology's 3-Year Book Growth Rate Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Spotify Technology's 3-Year Book Growth Rate falls into.

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Spotify Technology 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Spotify Technology (NYSE:SPOT) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Spotify Technology 3-Year Book Growth Rate Related Terms

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Spotify Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (NYSE:SPOT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

SPOT N:Mexico 1SPOT:Italy 0SPT:UK 639:Germany S1PO34:Brazil SPOT:Austria

Address

Regeringsgatan 19, Stockholm, SWE, 111 53

Website

https://www.spotify.com

Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter comprising the firm's premium segment. most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.