GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (MEX:SPOT N) » Definitions » Cyclically Adjusted Price-to-FCF

Spotify Technology (MEX:SPOT N) Cyclically Adjusted Price-to-FCF : 272.99 (As of Jun. 26, 2025)


View and export this data going back to 2019. Start your Free Trial

What is Spotify Technology Cyclically Adjusted Price-to-FCF?

As of today (2025-06-26), Spotify Technology's current share price is MXN14040.00. Spotify Technology's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was MXN51.43. Spotify Technology's Cyclically Adjusted Price-to-FCF for today is 272.99.

The historical rank and industry rank for Spotify Technology's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:SPOT N' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 184.55   Med: 225.37   Max: 298.84
Current: 298.84

During the past 10 years, Spotify Technology's highest Cyclically Adjusted Price-to-FCF was 298.84. The lowest was 184.55. And the median was 225.37.

MEX:SPOT N's Cyclically Adjusted Price-to-FCF is ranked worse than
97.92% of 144 companies
in the Interactive Media industry
Industry Median: 24.46 vs MEX:SPOT N: 298.84

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Spotify Technology's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was MXN240.973. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is MXN51.43 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spotify Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Spotify Technology's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spotify Technology Cyclically Adjusted Price-to-FCF Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 179.38

Spotify Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 179.38 -

Competitive Comparison of Spotify Technology's Cyclically Adjusted Price-to-FCF

For the Internet Content & Information subindustry, Spotify Technology's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Spotify Technology's Cyclically Adjusted Price-to-FCF falls into.


;
;

Spotify Technology Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Spotify Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14040.00/51.43
=272.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spotify Technology's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Spotify Technology's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=240.973/132.9872*132.9872
=240.973

Current CPI (Dec24) = 132.9872.

Spotify Technology Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -9.713 100.276 -12.882
201612 9.592 102.022 12.503
201712 18.660 103.793 23.909
201812 26.996 105.912 33.897
201912 50.721 107.766 62.592
202012 23.350 108.296 28.674
202112 32.987 112.486 38.999
202212 2.215 126.365 2.331
202312 64.068 131.912 64.590
202412 240.973 132.987 240.973

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Spotify Technology  (MEX:SPOT N) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Spotify Technology Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Spotify Technology's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Spotify Technology Business Description

Address
Regeringsgatan 19, Stockholm, SWE, 111 53
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 constituting 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 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.

Spotify Technology Headlines

No Headlines