WallStSmart

Spotify Technology SA (SPOT)vsTegna Inc (TGNA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Spotify Technology SA generates 546% more annual revenue ($17.53B vs $2.71B). SPOT leads profitability with a 15.4% profit margin vs 0.1%. TGNA appears more attractively valued with a PEG of 0.98. SPOT earns a higher WallStSmart Score of 64/100 (C+).

SPOT

Buy

64

out of 100

Grade: C+

Growth: 8.0Profit: 8.5Value: 3.3Quality: 8.0
Piotroski: 4/9Altman Z: 2.66

TGNA

Buy

56

out of 100

Grade: C

Growth: 2.0Profit: 4.0Value: 6.0Quality: 6.5
Piotroski: 3/9Altman Z: 2.77
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SPOTSignificantly Overvalued (-65.0%)

Margin of Safety

-65.0%

Fair Value

$295.16

Current Price

$496.95

$201.79 premium

UndervaluedFair: $295.16Overvalued
TGNASignificantly Overvalued (-74.2%)

Margin of Safety

-74.2%

Fair Value

$11.50

Current Price

$20.03

$8.53 premium

UndervaluedFair: $11.50Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SPOT4 strengths · Avg: 9.8/10
Return on EquityProfitability
33.8%10/10

Every $100 of equity generates 34 in profit

EPS GrowthGrowth
222.4%10/10

Earnings expanding 222.4% YoY

Debt/EquityHealth
0.0610/10

Conservative balance sheet, low leverage

Market CapQuality
$99.11B9/10

Large-cap with strong market position

TGNA3 strengths · Avg: 8.7/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

PEG RatioValuation
0.988/10

Growing faster than its price suggests

P/E RatioValuation
14.9x8/10

Attractively priced relative to earnings

Areas to Watch

SPOT3 concerns · Avg: 4.0/10
PEG RatioValuation
1.634/10

Expensive relative to growth rate

P/E RatioValuation
32.5x4/10

Premium valuation, high expectations priced in

Price/BookValuation
10.4x4/10

Trading at 10.4x book value

TGNA4 concerns · Avg: 3.0/10
Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

Profit MarginProfitability
0.1%3/10

0.1% margin — thin

Operating MarginProfitability
0.2%3/10

Operating margin of 0.2%

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : SPOT

The strongest argument for SPOT centers on Return on Equity, EPS Growth, Debt/Equity. Profitability is solid with margins at 15.4% and operating margin at 15.8%.

Bull Case : TGNA

The strongest argument for TGNA centers on Price/Book, PEG Ratio, P/E Ratio. PEG of 0.98 suggests the stock is reasonably priced for its growth.

Bear Case : SPOT

The primary concerns for SPOT are PEG Ratio, P/E Ratio, Price/Book.

Bear Case : TGNA

The primary concerns for TGNA are Return on Equity, Profit Margin, Operating Margin. Thin 0.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

SPOT profiles as a mature stock while TGNA is a value play — different risk/reward profiles.

SPOT carries more volatility with a beta of 1.55 — expect wider price swings.

SPOT is growing revenue faster at 8.2% — sustainability is the question.

SPOT generates stronger free cash flow (845M), providing more financial flexibility.

Bottom Line

SPOT scores higher overall (64/100 vs 56/100), backed by strong 15.4% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Spotify Technology SA

COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION · USA

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

Tegna Inc

COMMUNICATION SERVICES · BROADCASTING · USA

TEGNA Inc. is a media company in the United States. The company is headquartered in Tysons, Virginia.

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