ETSY INC (3E2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:3E2 - US29786A1060 - Common Stock
43.895 EUR
-1.77 (-3.88%)
3E2 gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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! This makes 3E2 very considerable for growth investing!
1. Profitability
1.1 Basic Checks
3E2 had positive earnings in the past year.
In the past year 3E2 had a positive cash flow from operations.
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
The Return On Assets of 3E2 (6.41%) is comparable to the rest of the industry.
With a decent Return On Invested Capital value of 14.18%, 3E2 is doing good in the industry, outperforming 78.57% 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 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
3E2 has a Profit Margin (5.78%) which is comparable to the rest of the industry.
3E2's Profit Margin has declined in the last couple of years.
The Operating Margin of 3E2 (14.01%) is better than 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.
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.
The debt/assets ratio for 3E2 is higher compared to a year ago.
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.
Looking at the Altman-Z score, with a value of 1.72, 3E2 is doing worse than 64.29% of the companies in the same industry.
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
A Current Ratio of 3.39 indicates that 3E2 has no problem at all paying its short term obligations.
Looking at the Current 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.
A Quick Ratio of 3.39 indicates that 3E2 has no problem at all paying its short term obligations.
The Quick ratio of 3E2 (3.39) is better than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.39 | ||
| Quick Ratio | 3.39 |
3. Growth
3.1 Past
3E2 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.45%, which is quite impressive.
Measured over the past years, 3E2 shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.54% on average per year.
3E2 shows a small growth in Revenue. In the last year, the Revenue has grown by 2.18%.
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
Based on estimates for the next years, 3E2 will show a small growth in Revenue. The Revenue will grow by 4.81% on average per year.
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
The Price/Earnings ratio is 21.41, 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 26.61, 3E2 is valued at the same level.
Based on the Price/Forward Earnings ratio of 19.70, the valuation of 3E2 can be described as rather expensive.
Based on the Price/Forward Earnings ratio, 3E2 is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
3E2's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.41 | ||
| Fwd PE | 19.7 |
4.2 Price Multiples
78.57% of the companies in the same industry are more expensive than 3E2, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, 3E2 is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8 | ||
| EV/EBITDA | 12.9 |
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
3E2 does not give a dividend.
| 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)9.93%
PT rev (3m)32.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.86%
EPS NY rev (1m)-1.92%
EPS NY rev (3m)-4.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.41 | ||
| Fwd PE | 19.7 | ||
| P/S | 1.79 | ||
| P/FCF | 8 | ||
| P/OCF | 7.36 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.9 |
EPS(TTM)2.05
EY4.67%
EPS(NY)2.23
Fwd EY5.08%
FCF(TTM)5.49
FCFY12.51%
OCF(TTM)5.97
OCFY13.59%
SpS24.55
BVpS-9.73
TBVpS-12.8
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 -4.51.
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.