ETSY INC (3E2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:3E2 - US29786A1060 - Common Stock
51.96 EUR
-0.59 (-1.12%)
Taking everything into account, 3E2 scores 5 out of 10 in our fundamental rating. 3E2 was compared to 14 industry peers in the Broadline Retail industry. 3E2 has only an average score on both its financial health and profitability. 3E2 is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes 3E2 very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year 3E2 was profitable.
3E2 had a positive operating cash flow in the past year.
Of the past 5 years 3E2 4 years were profitable.
In the past 5 years 3E2 always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of 3E2 (6.41%) is worse than 64.29% of its industry peers.
3E2 has a Return On Invested Capital of 14.18%. This is in the better half of the industry: 3E2 outperforms 78.57% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 3E2 is significantly above the industry average of 9.33%.
| 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
3E2 has a Profit Margin (5.78%) which is in line with its industry peers.
In the last couple of years the Profit Margin of 3E2 has declined.
With an excellent Operating Margin value of 14.01%, 3E2 belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
3E2's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 72.20%, 3E2 belongs to the best 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.
Compared to 1 year ago, 3E2 has less shares outstanding
Compared to 5 years ago, 3E2 has less shares outstanding
Compared to 1 year ago, 3E2 has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.87 indicates that 3E2 is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.87, 3E2 is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
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 | 1.87 |
ROIC/WACC1.95
WACC7.26%
2.3 Liquidity
A Current Ratio of 3.39 indicates that 3E2 has no problem at all paying its short term obligations.
The Current ratio of 3E2 (3.39) is better than 78.57% of its industry peers.
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.
3E2's Quick ratio of 3.39 is amongst the best of the industry. 3E2 outperforms 85.71% of its industry peers.
| 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.
3E2 shows a small growth in Revenue. In the last year, the Revenue has grown by 2.18%.
Measured over the past years, 3E2 shows a very strong growth in Revenue. The Revenue has been growing by 27.97% on average per year.
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 26.09% on average over the next years. This is a very strong growth
Based on estimates for the next years, 3E2 will show a small growth in Revenue. The Revenue will grow by 4.73% on average per year.
EPS Next Y-45.19%
EPS Next 2Y4.99%
EPS Next 3Y8.68%
EPS Next 5Y26.09%
Revenue Next Year2.33%
Revenue Next 2Y2.66%
Revenue Next 3Y3.71%
Revenue Next 5Y4.73%
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.
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
3E2 is valuated quite expensively with a Price/Earnings ratio of 25.35.
3E2's Price/Earnings is on the same level as the industry average.
3E2 is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 23.25, the valuation of 3E2 can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as 3E2.
The average S&P500 Price/Forward Earnings ratio is at 24.04. 3E2 is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.35 | ||
| Fwd PE | 23.25 |
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.
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 | 9.45 | ||
| EV/EBITDA | 14.73 |
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)0.99
EPS Next 2Y4.99%
EPS Next 3Y8.68%
5. Dividend
5.1 Amount
3E2 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FRA:3E2 (1/12/2026, 7:00:00 PM)
51.96
-0.59 (-1.12%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners127.45%
Inst Owner ChangeN/A
Ins Owners1.06%
Ins Owner ChangeN/A
Market Cap5.13B
Revenue(TTM)2.81B
Net Income(TTM)164.02M
Analysts68
Price Target64.24 (23.63%)
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)-185.33%
EPS beat(16)6
Avg EPS beat(16)-132.18%
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)0%
PT rev (3m)32.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.86%
EPS NY rev (1m)-0.34%
EPS NY rev (3m)-3.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)1.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.35 | ||
| Fwd PE | 23.25 | ||
| P/S | 2.11 | ||
| P/FCF | 9.45 | ||
| P/OCF | 8.69 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.73 |
EPS(TTM)2.05
EY3.95%
EPS(NY)2.23
Fwd EY4.3%
FCF(TTM)5.5
FCFY10.58%
OCF(TTM)5.98
OCFY11.5%
SpS24.59
BVpS-9.74
TBVpS-12.82
PEG (NY)N/A
PEG (5Y)0.99
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 | 1.87 |
F-Score6
WACC7.26%
ROIC/WACC1.95
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-45.19%
EPS Next 2Y4.99%
EPS Next 3Y8.68%
EPS Next 5Y26.09%
Revenue 1Y (TTM)2.18%
Revenue growth 3Y6.44%
Revenue growth 5Y27.97%
Sales Q2Q%2.36%
Revenue Next Year2.33%
Revenue Next 2Y2.66%
Revenue Next 3Y3.71%
Revenue Next 5Y4.73%
EBIT growth 1Y7.82%
EBIT growth 3Y-6.54%
EBIT growth 5Y33.76%
EBIT Next Year94.66%
EBIT Next 3Y28.55%
EBIT Next 5Y20.34%
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 of ETSY INC (3E2.DE) 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.
What are the PE and PB ratios of ETSY INC (3E2.DE) stock?
The Price/Earnings (PE) ratio for ETSY INC (3E2.DE) is 25.35 and the Price/Book (PB) ratio is -5.33.