ETSY INC (3E2.DE) Stock Fundamental Analysis
Europe - FRA:3E2 - US29786A1060 - Common Stock
45.62 EUR
-10.08 (-18.1%)
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! These ratings could make 3E2 a good candidate 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.
3E2 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
3E2 has a worse Return On Assets (6.41%) than 64.29% of its industry peers.
3E2's Return On Invested Capital of 14.18% is fine compared to the rest of the industry. 3E2 outperforms 71.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 3E2 is above the industry average of 10.45%.
| 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
With a Profit Margin value of 5.78%, 3E2 is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
3E2's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 14.01%, 3E2 is doing good in the industry, outperforming 78.57% of the companies in the same industry.
In the last couple of years the Operating Margin of 3E2 has grown nicely.
The Gross Margin of 3E2 (72.20%) is better 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 3E2 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 1.74. This is a bad value and indicates that 3E2 is not financially healthy and even has some risk of bankruptcy.
3E2 has a Altman-Z score of 1.74. This is in the lower half of the industry: 3E2 underperforms 64.29% of its industry peers.
The Debt to FCF ratio of 3E2 is 4.85, which is a neutral value as it means it would take 3E2, 4.85 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 3E2 (4.85) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.74 |
ROIC/WACC2.03
WACC7%
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.
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.
The Earnings Per Share has been growing by 25.54% on average over the past years. This is a very strong growth
Looking at the last year, 3E2 shows a small growth in Revenue. The Revenue has grown by 2.18% in the last year.
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
3E2 is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.26% yearly.
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-43.93%
EPS Next 2Y9.01%
EPS Next 3Y13.17%
EPS Next 5Y25.26%
Revenue Next Year2.05%
Revenue Next 2Y2.35%
Revenue Next 3Y3.49%
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 21.93, the valuation of 3E2 can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as 3E2.
The average S&P500 Price/Earnings ratio is at 25.07. 3E2 is around the same levels.
The Price/Forward Earnings ratio is 18.65, which indicates a rather expensive current valuation of 3E2.
3E2's Price/Forward Earnings ratio is in line with the industry average.
3E2's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.93 | ||
| Fwd PE | 18.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 3E2 is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 3E2 indicates a rather cheap valuation: 3E2 is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.2 | ||
| EV/EBITDA | 13.16 |
4.3 Compensation for Growth
A more expensive valuation may be justified as 3E2's earnings are expected to grow with 13.17% in the coming years.
PEG (NY)N/A
PEG (5Y)0.86
EPS Next 2Y9.01%
EPS Next 3Y13.17%
5. Dividend
5.1 Amount
3E2 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:3E2 (11/20/2025, 7:00:00 PM)
45.62
-10.08 (-18.1%)
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 Cap4.52B
Revenue(TTM)2.81B
Net Income(TTM)164.02M
Analysts69.23
Price Target58.44 (28.1%)
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)20.91%
PT rev (3m)20.91%
EPS NQ rev (1m)0.77%
EPS NQ rev (3m)-8.91%
EPS NY rev (1m)-1.65%
EPS NY rev (3m)-47.79%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-0.67%
Revenue NY rev (1m)1.31%
Revenue NY rev (3m)3.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.93 | ||
| Fwd PE | 18.65 | ||
| P/S | 1.83 | ||
| P/FCF | 8.2 | ||
| P/OCF | 7.55 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.16 |
EPS(TTM)2.08
EY4.56%
EPS(NY)2.45
Fwd EY5.36%
FCF(TTM)5.56
FCFY12.19%
OCF(TTM)6.04
OCFY13.25%
SpS24.87
BVpS-9.85
TBVpS-12.97
PEG (NY)N/A
PEG (5Y)0.86
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 | 1.74 |
F-Score6
WACC7%
ROIC/WACC2.03
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-43.93%
EPS Next 2Y9.01%
EPS Next 3Y13.17%
EPS Next 5Y25.26%
Revenue 1Y (TTM)2.18%
Revenue growth 3Y6.44%
Revenue growth 5Y27.97%
Sales Q2Q%2.36%
Revenue Next Year2.05%
Revenue Next 2Y2.35%
Revenue Next 3Y3.49%
Revenue Next 5Y4.81%
EBIT growth 1Y7.82%
EBIT growth 3Y-6.54%
EBIT growth 5Y33.76%
EBIT Next Year97.4%
EBIT Next 3Y29.11%
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 5 / 10.
Can you provide the PE and PB ratios for 3E2 stock?
The Price/Earnings (PE) ratio for ETSY INC (3E2.DE) is 21.93 and the Price/Book (PB) ratio is -4.63.
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 -43.93% in the next year.