ETSY INC (3E2.DE) Stock Fundamental Analysis
Europe - FRA:3E2 - US29786A1060 - Common Stock
49.435 EUR
-2.06 (-4.01%)
Taking everything into account, 3E2 scores 6 out of 10 in our fundamental rating. 3E2 was compared to 14 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! With these ratings, 3E2 could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year 3E2 was profitable.
In the past year 3E2 had a positive cash flow from operations.
Of the past 5 years 3E2 4 years were profitable.
Each year in the past 5 years 3E2 had a positive operating cash flow.
1.2 Ratios
3E2 has a Return On Assets (6.41%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 14.18%, 3E2 is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
3E2 had an Average Return On Invested Capital over the past 3 years of 14.75%. This is above the industry average of 10.42%.
| 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 64.29% of its industry peers.
3E2's Profit Margin has declined in the last couple of years.
3E2's Operating Margin of 14.01% is fine compared to the rest of the industry. 3E2 outperforms 78.57% of its industry peers.
In the last couple of years the Operating Margin of 3E2 has grown nicely.
Looking at the Gross Margin, with a value of 72.20%, 3E2 belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
3E2's Gross Margin has improved in the last couple of years.
| 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.
3E2 has less shares outstanding than it did 1 year ago.
The number of shares outstanding for 3E2 has been reduced compared to 5 years ago.
3E2 has a worse debt/assets ratio than last year.
2.2 Solvency
3E2 has an Altman-Z score of 1.85. This is not the best score and indicates that 3E2 is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of 3E2 (1.85) is worse than 71.43% 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 of 4.85. This is comparable to the rest of the industry: 3E2 outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.85 |
ROIC/WACC2.01
WACC7.04%
2.3 Liquidity
A Current Ratio of 3.39 indicates that 3E2 has no problem at all paying its short term obligations.
3E2 has a Current ratio of 3.39. This is amongst the best in the industry. 3E2 outperforms 85.71% of its industry peers.
A Quick Ratio of 3.39 indicates that 3E2 has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.39, 3E2 belongs to the top of the industry, outperforming 85.71% 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.
3E2 shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.54% yearly.
The Revenue has been growing slightly by 2.18% in the past year.
The Revenue has been growing by 27.97% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 25.31% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 4.57% on average over the next years.
EPS Next Y-42.56%
EPS Next 2Y9.43%
EPS Next 3Y13.35%
EPS Next 5Y25.31%
Revenue Next Year0.8%
Revenue Next 2Y1.48%
Revenue Next 3Y2.87%
Revenue Next 5Y4.57%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.65, which indicates a rather expensive current valuation of 3E2.
The rest of the industry has a similar Price/Earnings ratio as 3E2.
Compared to an average S&P500 Price/Earnings ratio of 25.67, 3E2 is valued at the same level.
Based on the Price/Forward Earnings ratio of 20.02, the valuation of 3E2 can be described as rather expensive.
3E2's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 31.86, 3E2 is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.65 | ||
| Fwd PE | 20.02 |
4.2 Price Multiples
3E2's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, 3E2 is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.87 | ||
| EV/EBITDA | 14.47 |
4.3 Compensation for Growth
The decent profitability rating of 3E2 may justify a higher PE ratio.
A more expensive valuation may be justified as 3E2's earnings are expected to grow with 13.35% in the coming years.
PEG (NY)N/A
PEG (5Y)0.93
EPS Next 2Y9.43%
EPS Next 3Y13.35%
5. Dividend
5.1 Amount
3E2 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:3E2 (11/6/2025, 7:00:00 PM)
49.435
-2.06 (-4.01%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners133.97%
Inst Owner ChangeN/A
Ins Owners1.02%
Ins Owner ChangeN/A
Market Cap4.90B
Revenue(TTM)2.81B
Net Income(TTM)164.02M
Analysts68.72
Price Target58.97 (19.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)22%
PT rev (3m)22%
EPS NQ rev (1m)0.86%
EPS NQ rev (3m)-8.91%
EPS NY rev (1m)0.76%
EPS NY rev (3m)-46.51%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)-0.67%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)1.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.65 | ||
| Fwd PE | 20.02 | ||
| P/S | 1.98 | ||
| P/FCF | 8.87 | ||
| P/OCF | 8.16 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.47 |
EPS(TTM)2.09
EY4.23%
EPS(NY)2.47
Fwd EY5%
FCF(TTM)5.57
FCFY11.27%
OCF(TTM)6.06
OCFY12.25%
SpS24.92
BVpS-9.87
TBVpS-12.99
PEG (NY)N/A
PEG (5Y)0.93
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 | 1.85 |
F-Score6
WACC7.04%
ROIC/WACC2.01
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-42.56%
EPS Next 2Y9.43%
EPS Next 3Y13.35%
EPS Next 5Y25.31%
Revenue 1Y (TTM)2.18%
Revenue growth 3Y6.44%
Revenue growth 5Y27.97%
Sales Q2Q%2.36%
Revenue Next Year0.8%
Revenue Next 2Y1.48%
Revenue Next 3Y2.87%
Revenue Next 5Y4.57%
EBIT growth 1Y7.82%
EBIT growth 3Y-6.54%
EBIT growth 5Y33.76%
EBIT Next Year97.4%
EBIT Next 3Y29.11%
EBIT Next 5Y20.44%
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 6 / 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 23.65 and the Price/Book (PB) ratio is -5.01.
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 -42.56% in the next year.