ETSY INC (3E2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:3E2 - US29786A1060 - Common Stock
43.895 EUR
-1.77 (-3.88%)
Overall 3E2 gets a fundamental rating of 5 out of 10. We evaluated 3E2 against 13 industry peers in the Broadline Retail industry. Both the profitability and the financial health of 3E2 get a neutral evaluation. Nothing too spectacular is happening here. 3E2 is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make 3E2 a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
3E2 had positive earnings in the past year.
3E2 had a positive operating cash flow in the past year.
3E2 had positive earnings in 4 of the past 5 years.
In the past 5 years 3E2 always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.41%, 3E2 is doing worse than 61.54% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 14.18%, 3E2 is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 3E2 is above the industry average of 9.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.41% | ||
| ROE | N/A | ||
| ROIC | 14.18% |
ROA(3y)-0.78%
ROA(5y)5.01%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)14.75%
ROIC(5y)14.2%
1.3 Margins
The Profit Margin of 3E2 (5.78%) is worse than 61.54% of its industry peers.
3E2's Profit Margin has declined in the last couple of years.
3E2's Operating Margin of 14.01% is amongst the best of the industry. 3E2 outperforms 92.31% of its industry peers.
In the last couple of years the Operating Margin of 3E2 has grown nicely.
3E2's Gross Margin of 72.20% is amongst the best of the industry. 3E2 outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of 3E2 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.01% | ||
| PM (TTM) | 5.78% | ||
| GM | 72.2% |
OM growth 3Y-12.19%
OM growth 5Y4.53%
PM growth 3Y-20.12%
PM growth 5Y-1.62%
GM growth 3Y0.24%
GM growth 5Y1.61%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 3E2 is creating value.
The number of shares outstanding for 3E2 has been reduced compared to 1 year ago.
The number of shares outstanding for 3E2 has been reduced compared to 5 years ago.
Compared to 1 year ago, 3E2 has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.72, we must say that 3E2 is in the distress zone and has some risk of bankruptcy.
3E2 has a Altman-Z score of 1.72. This is in the lower half of the industry: 3E2 underperforms 69.23% of its industry peers.
3E2 has a debt to FCF ratio of 4.85. This is a neutral value as 3E2 would need 4.85 years to pay back of all of its debts.
3E2 has a Debt to FCF ratio (4.85) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.72 |
ROIC/WACC2.05
WACC6.92%
2.3 Liquidity
3E2 has a Current Ratio of 3.39. This indicates that 3E2 is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 3.39, 3E2 belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
3E2 has a Quick Ratio of 3.39. This indicates that 3E2 is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 3.39, 3E2 belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.39 | ||
| Quick Ratio | 3.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.45% over the past year.
The Earnings Per Share has been growing by 25.54% on average over the past years. This is a very strong growth
Looking at the last year, 3E2 shows a small growth in Revenue. The Revenue has grown by 2.18% in the last year.
3E2 shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.97% yearly.
EPS 1Y (TTM)22.45%
EPS 3Y-11.42%
EPS 5Y25.54%
EPS Q2Q%40%
Revenue 1Y (TTM)2.18%
Revenue growth 3Y6.44%
Revenue growth 5Y27.97%
Sales Q2Q%2.36%
3.2 Future
Based on estimates for the next years, 3E2 will show a very strong growth in Earnings Per Share. The EPS will grow by 25.26% on average per year.
The Revenue is expected to grow by 4.81% on average over the next years.
EPS Next Y-45.01%
EPS Next 2Y4.93%
EPS Next 3Y8.57%
EPS Next 5Y25.26%
Revenue Next Year2.36%
Revenue Next 2Y2.66%
Revenue Next 3Y3.75%
Revenue Next 5Y4.81%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.41 indicates a rather expensive valuation of 3E2.
The rest of the industry has a similar Price/Earnings ratio as 3E2.
3E2 is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 19.71, which indicates a rather expensive current valuation of 3E2.
3E2's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. 3E2 is cheaper than 61.54% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.83. 3E2 is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.41 | ||
| Fwd PE | 19.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 3E2 is valued cheaper than 84.62% of the companies in the same industry.
100.00% of the companies in the same industry are more expensive than 3E2, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8 | ||
| EV/EBITDA | 12.91 |
4.3 Compensation for Growth
3E2 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.84
EPS Next 2Y4.93%
EPS Next 3Y8.57%
5. Dividend
5.1 Amount
No dividends for 3E2!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FRA:3E2 (12/16/2025, 7:00:00 PM)
43.895
-1.77 (-3.88%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners127.24%
Inst Owner ChangeN/A
Ins Owners1.06%
Ins Owner ChangeN/A
Market Cap4.33B
Revenue(TTM)2.81B
Net Income(TTM)164.02M
Analysts68.5
Price Target64.24 (46.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.34%
Min EPS beat(2)-42.84%
Max EPS beat(2)-7.84%
EPS beat(4)1
Avg EPS beat(4)-14.75%
Min EPS beat(4)-42.84%
Max EPS beat(4)8.16%
EPS beat(8)2
Avg EPS beat(8)-8.3%
EPS beat(12)3
Avg EPS beat(12)-185.37%
EPS beat(16)6
Avg EPS beat(16)-132.21%
Revenue beat(2)1
Avg Revenue beat(2)0.61%
Min Revenue beat(2)-0.66%
Max Revenue beat(2)1.89%
Revenue beat(4)1
Avg Revenue beat(4)-0.6%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)1.89%
Revenue beat(8)2
Avg Revenue beat(8)-0.8%
Revenue beat(12)5
Avg Revenue beat(12)0.22%
Revenue beat(16)8
Avg Revenue beat(16)0.48%
PT rev (1m)8.95%
PT rev (3m)32.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.91%
EPS NY rev (1m)-1.92%
EPS NY rev (3m)-48.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.67%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)3.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.41 | ||
| Fwd PE | 19.71 | ||
| P/S | 1.79 | ||
| P/FCF | 8 | ||
| P/OCF | 7.36 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.91 |
EPS(TTM)2.05
EY4.67%
EPS(NY)2.23
Fwd EY5.07%
FCF(TTM)5.49
FCFY12.5%
OCF(TTM)5.96
OCFY13.58%
SpS24.54
BVpS-9.72
TBVpS-12.79
PEG (NY)N/A
PEG (5Y)0.84
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.41% | ||
| ROE | N/A | ||
| ROCE | 19.21% | ||
| ROIC | 14.18% | ||
| ROICexc | 44.6% | ||
| ROICexgc | 96.8% | ||
| OM | 14.01% | ||
| PM (TTM) | 5.78% | ||
| GM | 72.2% | ||
| FCFM | 22.36% |
ROA(3y)-0.78%
ROA(5y)5.01%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)14.75%
ROIC(5y)14.2%
ROICexc(3y)35.74%
ROICexc(5y)46.84%
ROICexgc(3y)158.04%
ROICexgc(5y)N/A
ROCE(3y)19.98%
ROCE(5y)19.24%
ROICexgc growth 3Y8.44%
ROICexgc growth 5Y39.3%
ROICexc growth 3Y36.7%
ROICexc growth 5Y26.36%
OM growth 3Y-12.19%
OM growth 5Y4.53%
PM growth 3Y-20.12%
PM growth 5Y-1.62%
GM growth 3Y0.24%
GM growth 5Y1.61%
F-Score6
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.85 | ||
| Debt/EBITDA | 6.08 | ||
| Cap/Depr | 51.55% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 136.69% | ||
| Profit Quality | 386.93% | ||
| Current Ratio | 3.39 | ||
| Quick Ratio | 3.39 | ||
| Altman-Z | 1.72 |
F-Score6
WACC6.92%
ROIC/WACC2.05
Cap/Depr(3y)40.81%
Cap/Depr(5y)35.34%
Cap/Sales(3y)1.48%
Cap/Sales(5y)1.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.45%
EPS 3Y-11.42%
EPS 5Y25.54%
EPS Q2Q%40%
EPS Next Y-45.01%
EPS Next 2Y4.93%
EPS Next 3Y8.57%
EPS Next 5Y25.26%
Revenue 1Y (TTM)2.18%
Revenue growth 3Y6.44%
Revenue growth 5Y27.97%
Sales Q2Q%2.36%
Revenue Next Year2.36%
Revenue Next 2Y2.66%
Revenue Next 3Y3.75%
Revenue Next 5Y4.81%
EBIT growth 1Y7.82%
EBIT growth 3Y-6.54%
EBIT growth 5Y33.76%
EBIT Next Year94.69%
EBIT Next 3Y28.53%
EBIT Next 5Y20.35%
FCF growth 1Y-2.92%
FCF growth 3Y4.49%
FCF growth 5Y30.17%
OCF growth 1Y-0.07%
OCF growth 3Y4.91%
OCF growth 5Y29.46%
ETSY INC / 3E2.DE FAQ
What is the fundamental rating for 3E2 stock?
ChartMill assigns a fundamental rating of 5 / 10 to 3E2.DE.
What is the valuation status for 3E2 stock?
ChartMill assigns a valuation rating of 4 / 10 to ETSY INC (3E2.DE). This can be considered as Fairly Valued.
What is the profitability of 3E2 stock?
ETSY INC (3E2.DE) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for 3E2 stock?
The Price/Earnings (PE) ratio for ETSY INC (3E2.DE) is 21.41 and the Price/Book (PB) ratio is -4.52.
Can you provide the expected EPS growth for 3E2 stock?
The Earnings per Share (EPS) of ETSY INC (3E2.DE) is expected to decline by -45.01% in the next year.