Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Spotify TechnologyBUE:SPOT 79 EV-to-EBITDA is 0.00 as of Aug. 16, 2026. GuruFocus rates BUE:SPOT with a GF Score™ of 79/100. The stock has 2 warning signs investors should review. Among 375 Interactive Media companies, Spotify Technology ranks worse than 81.87% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Spotify Technology's enterprise value is ARS0.00 Mil.
Spotify Technology's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ARS6,018,647.01 Mil. Therefore, Spotify Technology's EV-to-EBITDA for today is 0.00.
The historical rank and industry rank for Spotify Technology's EV-to-EBITDA or its related term are showing as below:
BUE:SPOT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -3779.06 Med: 25.08 Max: 1026.81
Current: 22.47
During the past 11 years, the highest EV-to-EBITDA of Spotify Technology was 1026.81. The lowest was -3779.06. And the median was 25.08.
BUE:SPOT's EV-to-EBITDA is ranked worse than 81.87% of 375
companies
in the Interactive Media industry
Industry Median: 7.25
vs BUE:SPOT: 22.47
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Spotify Technology's PE Ratio (TTM) for today is calculated as:
Spotify Technology's share price for today is ARS0.00.
Spotify Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS0.000.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Spotify Technology's EV-to-EBITDA 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.
BUE:SPOT vs NBIS, BIDU, RDDT: EV-to-EBITDA Comparison
For the Internet Content & Information subindustry, Spotify Technology's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Spotify Technology's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Spotify Technology's EV-to-EBITDA falls into.
Spotify Technology's current Enterprise Value is ARS0.00 Mil.
Spotify Technology's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS6,018,647.01 Mil.
* 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 (BUE:SPOT) has a EV-to-EBITDA of 0.00 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Spotify Technology. According to the industry distribution chart, Spotify Technology ranks #307 out of 375 companies in the Interactive Media industry, placing it in the top 81.9%.
Is Spotify Technology's EV-to-EBITDA too high?
Spotify Technology's current EV-to-EBITDA is 0.00. Based on the distribution chart, Spotify Technology ranks #307 out of 375 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Spotify Technology has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Spotify Technology's EV-to-EBITDA compare to NBIS and BIDU?
According to the Interactive Media industry distribution chart, Spotify Technology ranks #307 out of 375 companies for EV-to-EBITDA. This places Spotify Technology in the lower half of its industry. The industry median EV-to-EBITDA is 7.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Interactive Media company?
The median EV-to-EBITDA among Interactive Media companies is 7.25, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Spotify Technology. For the Interactive Media industry, the median EV-to-EBITDA is 7.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spotify Technology's current EV-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spotify Technology stock overvalued right now?
Spotify Technology (BUE:SPOT) has a current EV-to-EBITDA of 0.00. The current EV-to-EBITDA is 0.00. Spotify Technology's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Spotify Technology (BUE:SPOT), the current EV-to-EBITDA is 0.00 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Spotify is the leading global music streaming service, with over 750 million monthly active users and nearly 300 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 subscribers, who pay a monthly fee to access a music library that includes most of the most popular songs ever recorded, including all from the major record labels. The firm also offers access to audiobooks 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BUE:SPOT has been successfully added to your 
