ETSY INC (3E2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:3E2 - US29786A1060 - Common Stock
46.475 EUR
+0.38 (+0.81%)
3E2 gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 14 industry peers in the Broadline Retail industry. 3E2 has only an average score on both its financial health and profitability. 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
In the past year 3E2 was profitable.
In the past year 3E2 had a positive cash flow from operations.
3E2 had positive earnings in 4 of the past 5 years.
3E2 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.41%, 3E2 is in line with its industry, outperforming 42.86% of the companies in the same industry.
3E2 has a better Return On Invested Capital (14.18%) than 78.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 3E2 is significantly above the industry average of 9.75%.
| 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
Looking at the Profit Margin, with a value of 5.78%, 3E2 is in line with its industry, outperforming 42.86% of the companies in the same industry.
In the last couple of years the Profit Margin of 3E2 has declined.
3E2 has a Operating Margin of 14.01%. This is amongst the best in the industry. 3E2 outperforms 92.86% of its industry peers.
3E2's Operating Margin has improved in the last couple of years.
3E2 has a better Gross Margin (72.20%) than 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
3E2 has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for 3E2 has been reduced compared to 1 year ago.
Compared to 5 years ago, 3E2 has less shares outstanding
3E2 has a worse debt/assets ratio than last year.
2.2 Solvency
3E2 has an Altman-Z score of 1.76. This is a bad value and indicates that 3E2 is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of 3E2 (1.76) is worse than 64.29% 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.
Looking at the Debt to FCF ratio, with a value of 4.85, 3E2 is in line with its industry, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.76 |
ROIC/WACC2.08
WACC6.81%
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 better Current ratio (3.39) than 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.
The Earnings Per Share has been growing by 25.54% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 2.18% in the past 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
The Earnings Per Share is expected to grow by 25.26% on average over the next years. This is a very strong growth
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
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
Based on the Price/Earnings ratio of 22.56, the valuation of 3E2 can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as 3E2.
When comparing the Price/Earnings ratio of 3E2 to the average of the S&P500 Index (26.34), we can say 3E2 is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 20.76, the valuation of 3E2 can be described as rather expensive.
3E2's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. 3E2 is cheaper than 64.29% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.56, 3E2 is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.56 | ||
| Fwd PE | 20.76 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 3E2 indicates a somewhat cheap valuation: 3E2 is cheaper than 78.57% of the companies listed in the same industry.
3E2's Price/Free Cash Flow ratio is rather cheap when compared to the industry. 3E2 is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.43 | ||
| EV/EBITDA | 13.44 |
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)0.88
EPS Next 2Y4.93%
EPS Next 3Y8.57%
5. Dividend
5.1 Amount
No dividends for 3E2!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:3E2 (12/8/2025, 7:00:00 PM)
46.475
+0.38 (+0.81%)
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 Cap4.59B
Revenue(TTM)2.81B
Net Income(TTM)164.02M
Analysts68.5
Price Target64.24 (38.22%)
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)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 | 22.56 | ||
| Fwd PE | 20.76 | ||
| P/S | 1.88 | ||
| P/FCF | 8.43 | ||
| P/OCF | 7.75 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.44 |
EPS(TTM)2.06
EY4.43%
EPS(NY)2.24
Fwd EY4.82%
FCF(TTM)5.52
FCFY11.87%
OCF(TTM)5.99
OCFY12.9%
SpS24.67
BVpS-9.77
TBVpS-12.86
PEG (NY)N/A
PEG (5Y)0.88
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 | 1.76 |
F-Score6
WACC6.81%
ROIC/WACC2.08
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 22.56 and the Price/Book (PB) ratio is -4.75.
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.