WallStSmart

Roku Inc (ROKU)vsSpotify Technology SA (SPOT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Spotify Technology SA generates 263% more annual revenue ($17.19B vs $4.74B). SPOT leads profitability with a 12.9% profit margin vs 1.9%. ROKU appears more attractively valued with a PEG of 1.01. SPOT earns a higher WallStSmart Score of 60/100 (C+).

ROKU

Hold

42

out of 100

Grade: D

Growth: 6.0Profit: 4.0Value: 3.3Quality: 7.5
Piotroski: 4/9Altman Z: 2.08

SPOT

Buy

60

out of 100

Grade: C+

Growth: 8.0Profit: 8.0Value: 3.3Quality: 7.5
Piotroski: 4/9Altman Z: 2.66
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ROKUSignificantly Overvalued (-44.9%)

Margin of Safety

-44.9%

Fair Value

$60.66

Current Price

$112.62

$51.96 premium

UndervaluedFair: $60.66Overvalued
SPOTSignificantly Overvalued (-47.4%)

Margin of Safety

-47.4%

Fair Value

$330.58

Current Price

$443.57

$112.99 premium

UndervaluedFair: $330.58Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ROKU1 strengths · Avg: 8.0/10
Revenue GrowthGrowth
16.1%8/10

16.1% revenue growth

SPOT4 strengths · Avg: 9.5/10
Return on EquityProfitability
31.9%10/10

Every $100 of equity generates 32 in profit

EPS GrowthGrowth
213.9%10/10

Earnings expanding 213.9% YoY

Market CapQuality
$106.65B9/10

Large-cap with strong market position

Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

Areas to Watch

ROKU4 concerns · Avg: 2.8/10
Return on EquityProfitability
3.4%3/10

ROE of 3.4% — below average capital efficiency

Profit MarginProfitability
1.9%3/10

1.9% margin — thin

Operating MarginProfitability
4.5%3/10

Operating margin of 4.5%

P/E RatioValuation
190.9x2/10

Premium valuation, high expectations priced in

SPOT3 concerns · Avg: 3.3/10
PEG RatioValuation
2.174/10

Expensive relative to growth rate

Price/BookValuation
9.3x4/10

Trading at 9.3x book value

P/E RatioValuation
42.2x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : ROKU

The strongest argument for ROKU centers on Revenue Growth. Revenue growth of 16.1% demonstrates continued momentum. PEG of 1.01 suggests the stock is reasonably priced for its growth.

Bull Case : SPOT

The strongest argument for SPOT centers on Return on Equity, EPS Growth, Market Cap.

Bear Case : ROKU

The primary concerns for ROKU are Return on Equity, Profit Margin, Operating Margin. A P/E of 190.9x leaves little room for execution misses. Thin 1.9% margins leave little buffer for downturns.

Bear Case : SPOT

The primary concerns for SPOT are PEG Ratio, Price/Book, P/E Ratio. A P/E of 42.2x leaves little room for execution misses.

Key Dynamics to Monitor

ROKU profiles as a growth stock while SPOT is a value play — different risk/reward profiles.

ROKU carries more volatility with a beta of 2.00 — expect wider price swings.

ROKU is growing revenue faster at 16.1% — sustainability is the question.

SPOT generates stronger free cash flow (834M), providing more financial flexibility.

Bottom Line

SPOT scores higher overall (60/100 vs 42/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Roku Inc

COMMUNICATION SERVICES · ENTERTAINMENT · USA

Roku, Inc. operates a TV streaming platform. The company is headquartered in San Jose, California.

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Spotify Technology SA

COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION · USA

Spotify Technology SA, provides audio streaming services worldwide. The company is headquartered in Luxembourg, Luxembourg.

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