ETSY INC (3E2.DE) Fundamental Analysis & Valuation
FRA:3E2 • US29786A1060
Current stock price
45.34 EUR
-1.56 (-3.34%)
Last:
This 3E2.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. 3E2.DE Profitability Analysis
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
- With a Return On Assets value of 5.76%, 3E2 is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
- The Return On Invested Capital of 3E2 (12.18%) is better than 69.23% of its industry peers.
- 3E2 had an Average Return On Invested Capital over the past 3 years of 13.54%. This is above the industry average of 9.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.76% | ||
| ROE | N/A | ||
| ROIC | 12.18% |
ROA(3y)9.92%
ROA(5y)3.26%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)13.54%
ROIC(5y)12.85%
1.3 Margins
- Looking at the Profit Margin, with a value of 5.65%, 3E2 is doing worse than 61.54% of the companies in the same industry.
- 3E2's Profit Margin has declined in the last couple of years.
- 3E2 has a Operating Margin of 12.76%. This is amongst the best in the industry. 3E2 outperforms 92.31% of its industry peers.
- 3E2's Operating Margin has declined in the last couple of years.
- 3E2's Gross Margin of 71.64% is amongst the best of the industry. 3E2 outperforms 100.00% of its industry peers.
- 3E2's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.76% | ||
| PM (TTM) | 5.65% | ||
| GM | 71.64% |
OM growth 3Y-5.38%
OM growth 5Y-12.28%
PM growth 3YN/A
PM growth 5Y-22.52%
GM growth 3Y0.31%
GM growth 5Y-0.39%
2. 3E2.DE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 3E2 is creating value.
- Compared to 1 year ago, 3E2 has less shares outstanding
- 3E2 has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, 3E2 has a worse debt to assets ratio.
2.2 Solvency
- 3E2 has an Altman-Z score of 1.28. 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 (1.28) is worse than 76.92% of its industry peers.
- 3E2 has a debt to FCF ratio of 4.82. This is a neutral value as 3E2 would need 4.82 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 4.82, 3E2 is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.82 | ||
| Altman-Z | 1.28 |
ROIC/WACC1.77
WACC6.9%
2.3 Liquidity
- A Current Ratio of 1.44 indicates that 3E2 should not have too much problems paying its short term obligations.
- The Current ratio of 3E2 (1.44) is better than 69.23% of its industry peers.
- A Quick Ratio of 1.44 indicates that 3E2 should not have too much problems paying its short term obligations.
- 3E2 has a better Quick ratio (1.44) than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 |
3. 3E2.DE Growth Analysis
3.1 Past
- 3E2 shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.38%.
- The Earnings Per Share has been decreasing by -3.17% on average over the past years.
- Looking at the last year, 3E2 shows a small growth in Revenue. The Revenue has grown by 2.68% in the last year.
- The Revenue has been growing by 10.81% on average over the past years. This is quite good.
EPS 1Y (TTM)-3.38%
EPS 3YN/A
EPS 5Y-3.17%
EPS Q2Q%-10.68%
Revenue 1Y (TTM)2.68%
Revenue growth 3Y3.96%
Revenue growth 5Y10.81%
Sales Q2Q%3.46%
3.2 Future
- 3E2 is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.98% yearly.
- 3E2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.43% yearly.
EPS Next Y39.37%
EPS Next 2Y25.48%
EPS Next 3Y21.86%
EPS Next 5Y33.98%
Revenue Next Year-5.4%
Revenue Next 2Y-1.06%
Revenue Next 3Y0.66%
Revenue Next 5Y2.43%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better 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. 3E2.DE Valuation Analysis
4.1 Price/Earnings Ratio
- 3E2 is valuated rather expensively with a Price/Earnings ratio of 22.78.
- 3E2's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 25.73, 3E2 is valued at the same level.
- Based on the Price/Forward Earnings ratio of 16.32, the valuation of 3E2 can be described as correct.
- 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 23.72. 3E2 is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.78 | ||
| Fwd PE | 16.32 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, 3E2 is valued a bit cheaper than 76.92% of the companies in the same industry.
- 3E2's Price/Free Cash Flow ratio is rather cheap when compared to the industry. 3E2 is cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.85 | ||
| EV/EBITDA | 11.91 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as 3E2's earnings are expected to grow with 21.86% in the coming years.
PEG (NY)0.58
PEG (5Y)N/A
EPS Next 2Y25.48%
EPS Next 3Y21.86%
5. 3E2.DE Dividend Analysis
5.1 Amount
- 3E2 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
3E2.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:3E2 (3/11/2026, 7:00:00 PM)
45.34
-1.56 (-3.34%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)02-19 2026-02-19/bmo
Earnings (Next)04-28 2026-04-28
Inst Owners120.78%
Inst Owner ChangeN/A
Ins Owners1.11%
Ins Owner ChangeN/A
Market Cap4.36B
Revenue(TTM)2.88B
Net Income(TTM)162.98M
Analysts69.23
Price Target57.32 (26.42%)
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)2
Avg EPS beat(2)12.31%
Min EPS beat(2)7.17%
Max EPS beat(2)17.46%
EPS beat(4)2
Avg EPS beat(4)-6.51%
Min EPS beat(4)-42.84%
Max EPS beat(4)17.46%
EPS beat(8)3
Avg EPS beat(8)-5.99%
EPS beat(12)5
Avg EPS beat(12)-3.62%
EPS beat(16)6
Avg EPS beat(16)-133.74%
Revenue beat(2)1
Avg Revenue beat(2)-0.44%
Min Revenue beat(2)-2.32%
Max Revenue beat(2)1.44%
Revenue beat(4)2
Avg Revenue beat(4)0.09%
Min Revenue beat(4)-2.32%
Max Revenue beat(4)1.89%
Revenue beat(8)3
Avg Revenue beat(8)-0.55%
Revenue beat(12)4
Avg Revenue beat(12)-0.56%
Revenue beat(16)7
Avg Revenue beat(16)0.23%
PT rev (1m)0%
PT rev (3m)-10.77%
EPS NQ rev (1m)37.89%
EPS NQ rev (3m)37.84%
EPS NY rev (1m)23.09%
EPS NY rev (3m)22.31%
Revenue NQ rev (1m)-6.55%
Revenue NQ rev (3m)-6.69%
Revenue NY rev (1m)-7.99%
Revenue NY rev (3m)-8.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.78 | ||
| Fwd PE | 16.32 | ||
| P/S | 1.74 | ||
| P/FCF | 7.85 | ||
| P/OCF | 7.23 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.91 |
EPS(TTM)1.99
EY4.39%
EPS(NY)2.78
Fwd EY6.13%
FCF(TTM)5.78
FCFY12.74%
OCF(TTM)6.27
OCFY13.83%
SpS26.08
BVpS-9.93
TBVpS-12.96
PEG (NY)0.58
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.76% | ||
| ROE | N/A | ||
| ROCE | 25.14% | ||
| ROIC | 12.18% | ||
| ROICexc | 52.23% | ||
| ROICexgc | 163.61% | ||
| OM | 12.76% | ||
| PM (TTM) | 5.65% | ||
| GM | 71.64% | ||
| FCFM | 22.15% |
ROA(3y)9.92%
ROA(5y)3.26%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)13.54%
ROIC(5y)12.85%
ROICexc(3y)40.44%
ROICexc(5y)33.69%
ROICexgc(3y)147.39%
ROICexgc(5y)148.29%
ROCE(3y)21.93%
ROCE(5y)19.91%
ROICexgc growth 3Y-1.4%
ROICexgc growth 5YN/A
ROICexc growth 3Y17.12%
ROICexc growth 5Y-13.15%
OM growth 3Y-5.38%
OM growth 5Y-12.28%
PM growth 3YN/A
PM growth 5Y-22.52%
GM growth 3Y0.31%
GM growth 5Y-0.39%
F-Score5
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.82 | ||
| Debt/EBITDA | 6.55 | ||
| Cap/Depr | 53.67% | ||
| Cap/Sales | 1.9% | ||
| Interest Coverage | 30.07 | ||
| Cash Conversion | 147.61% | ||
| Profit Quality | 391.91% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 1.28 |
F-Score5
WACC6.9%
ROIC/WACC1.77
Cap/Depr(3y)45.87%
Cap/Depr(5y)43.33%
Cap/Sales(3y)1.63%
Cap/Sales(5y)1.53%
Profit Quality(3y)280.7%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.38%
EPS 3YN/A
EPS 5Y-3.17%
EPS Q2Q%-10.68%
EPS Next Y39.37%
EPS Next 2Y25.48%
EPS Next 3Y21.86%
EPS Next 5Y33.98%
Revenue 1Y (TTM)2.68%
Revenue growth 3Y3.96%
Revenue growth 5Y10.81%
Sales Q2Q%3.46%
Revenue Next Year-5.4%
Revenue Next 2Y-1.06%
Revenue Next 3Y0.66%
Revenue Next 5Y2.43%
EBIT growth 1Y-3.23%
EBIT growth 3Y-1.63%
EBIT growth 5Y-2.8%
EBIT Next Year182.9%
EBIT Next 3Y45.79%
EBIT Next 5Y28.81%
FCF growth 1Y-9.9%
FCF growth 3Y-0.4%
FCF growth 5Y-0.98%
OCF growth 1Y-7.85%
OCF growth 3Y0.48%
OCF growth 5Y0.42%
ETSY INC / 3E2.DE Fundamental Analysis FAQ
What is the fundamental rating for 3E2 stock?
ChartMill assigns a fundamental rating of 4 / 10 to 3E2.DE.
What is the valuation status of ETSY INC (3E2.DE) stock?
ChartMill assigns a valuation rating of 6 / 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 5 / 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 22.78 and the Price/Book (PB) ratio is -4.57.