ETSY INC (ETSY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ETSY - US29786A1060 - Common Stock
55.1 USD
-0.63 (-1.13%)
Overall ETSY gets a fundamental rating of 6 out of 10. We evaluated ETSY against 30 industry peers in the Broadline Retail industry. ETSY has an excellent profitability rating, but there are some minor concerns on its financial health. ETSY is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make ETSY suitable for growth investing!
1. Profitability
1.1 Basic Checks
ETSY had positive earnings in the past year.
ETSY had a positive operating cash flow in the past year.
Of the past 5 years ETSY 4 years were profitable.
ETSY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.41%, ETSY is doing good in the industry, outperforming 73.33% of the companies in the same industry.
With an excellent Return On Invested Capital value of 14.18%, ETSY belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
ETSY had an Average Return On Invested Capital over the past 3 years of 14.75%. This is significantly above the industry average of 9.38%.
| 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
ETSY's Profit Margin of 5.78% is fine compared to the rest of the industry. ETSY outperforms 66.67% of its industry peers.
In the last couple of years the Profit Margin of ETSY has declined.
ETSY has a Operating Margin of 14.01%. This is amongst the best in the industry. ETSY outperforms 90.00% of its industry peers.
ETSY's Operating Margin has improved in the last couple of years.
ETSY's Gross Margin of 72.20% is amongst the best of the industry. ETSY outperforms 90.00% of its industry peers.
In the last couple of years the Gross Margin of ETSY 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ETSY is creating value.
The number of shares outstanding for ETSY has been reduced compared to 1 year ago.
ETSY has less shares outstanding than it did 5 years ago.
ETSY has a worse debt/assets ratio than last year.
2.2 Solvency
ETSY has an Altman-Z score of 1.79. This is a bad value and indicates that ETSY is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.79, ETSY perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
The Debt to FCF ratio of ETSY is 4.85, which is a neutral value as it means it would take ETSY, 4.85 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 4.85, ETSY perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.79 |
ROIC/WACC1.97
WACC7.19%
2.3 Liquidity
ETSY has a Current Ratio of 3.39. This indicates that ETSY is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 3.39, ETSY belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
ETSY has a Quick Ratio of 3.39. This indicates that ETSY is financially healthy and has no problem in meeting its short term obligations.
ETSY has a better Quick ratio (3.39) than 96.67% 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.
ETSY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.54% yearly.
ETSY shows a small growth in Revenue. In the last year, the Revenue has grown by 2.18%.
ETSY 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
ETSY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.26% yearly.
ETSY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.81% yearly.
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
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
With a Price/Earnings ratio of 22.96, ETSY is valued on the expensive side.
Based on the Price/Earnings ratio, ETSY is valued a bit cheaper than 66.67% of the companies in the same industry.
ETSY is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.61, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 21.12, which indicates a rather expensive current valuation of ETSY.
The rest of the industry has a similar Price/Forward Earnings ratio as ETSY.
ETSY is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.96 | ||
| Fwd PE | 21.12 |
4.2 Price Multiples
ETSY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ETSY is cheaper than 63.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ETSY is valued cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.57 | ||
| EV/EBITDA | 13.74 |
4.3 Compensation for Growth
ETSY has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.9
EPS Next 2Y4.93%
EPS Next 3Y8.57%
5. Dividend
5.1 Amount
ETSY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NYSE:ETSY (12/23/2025, 2:34:02 PM)
55.1
-0.63 (-1.13%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners127.24%
Inst Owner Change-3.77%
Ins Owners1.06%
Ins Owner Change0.13%
Market Cap5.44B
Revenue(TTM)2.81B
Net Income(TTM)164.02M
Analysts68.5
Price Target70.46 (27.88%)
Short Float %18.22%
Short Ratio4.47
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)2.02%
PT rev (3m)5.76%
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 | 22.96 | ||
| Fwd PE | 21.12 | ||
| P/S | 1.92 | ||
| P/FCF | 8.57 | ||
| P/OCF | 7.89 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.74 |
EPS(TTM)2.4
EY4.36%
EPS(NY)2.61
Fwd EY4.74%
FCF(TTM)6.43
FCFY11.67%
OCF(TTM)6.99
OCFY12.68%
SpS28.76
BVpS-11.39
TBVpS-14.99
PEG (NY)N/A
PEG (5Y)0.9
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 | 1.79 |
F-Score6
WACC7.19%
ROIC/WACC1.97
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 / ETSY FAQ
Can you provide the ChartMill fundamental rating for ETSY INC?
ChartMill assigns a fundamental rating of 6 / 10 to ETSY.
What is the valuation status of ETSY INC (ETSY) stock?
ChartMill assigns a valuation rating of 4 / 10 to ETSY INC (ETSY). This can be considered as Fairly Valued.
How profitable is ETSY INC (ETSY) stock?
ETSY INC (ETSY) has a profitability rating of 7 / 10.
What are the PE and PB ratios of ETSY INC (ETSY) stock?
The Price/Earnings (PE) ratio for ETSY INC (ETSY) is 22.96 and the Price/Book (PB) ratio is -4.84.