ETSY INC (3E2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:3E2 - US29786A1060 - Common Stock
46.36 EUR
-1.34 (-2.8%)
Taking everything into account, 3E2 scores 5 out of 10 in our fundamental rating. 3E2 was compared to 13 industry peers in the Broadline Retail industry. 3E2 has an average financial health and profitability rating. 3E2 is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, 3E2 could be worth investigating further 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
Looking at the Return On Assets, with a value of 6.41%, 3E2 is doing worse than 61.54% of the companies in the same industry.
The Return On Invested Capital of 3E2 (14.18%) is better than 76.92% of its industry peers.
3E2 had an Average Return On Invested Capital over the past 3 years of 14.75%. This is significantly above the industry average of 9.75%.
| 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
The Profit Margin of 3E2 (5.78%) is worse than 61.54% of its industry peers.
3E2's Profit Margin has declined in the last couple of years.
The Operating Margin of 3E2 (14.01%) is better than 92.31% 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
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.
The number of shares outstanding for 3E2 has been reduced compared to 5 years ago.
3E2 has a worse debt/assets ratio than last year.
2.2 Solvency
3E2 has an Altman-Z score of 1.78. This is a bad value and indicates that 3E2 is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.78, 3E2 is doing worse than 69.23% of the companies in the same industry.
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.
3E2's Debt to FCF ratio of 4.85 is in line compared to the rest of the industry. 3E2 outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 1.78 |
ROIC/WACC2.04
WACC6.96%
2.3 Liquidity
A Current Ratio of 3.39 indicates that 3E2 has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.39, 3E2 belongs to the best of the industry, outperforming 84.62% 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.
3E2 has a better Quick ratio (3.39) than 84.62% 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.
The Earnings Per Share has been growing by 25.54% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 2.18% in the past year.
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-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
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.50 indicates a rather expensive valuation of 3E2.
Compared to the rest of the industry, the Price/Earnings ratio of 3E2 is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.37. 3E2 is around the same levels.
A Price/Forward Earnings ratio of 19.21 indicates a rather expensive valuation of 3E2.
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.
3E2's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.5 | ||
| Fwd PE | 19.21 |
4.2 Price Multiples
3E2's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 3E2 is 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 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.41 | ||
| EV/EBITDA | 13.63 |
4.3 Compensation for Growth
3E2 has a very decent profitability rating, which may justify a higher PE ratio.
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)0.88
EPS Next 2Y9.01%
EPS Next 3Y13.17%
5. Dividend
5.1 Amount
No dividends for 3E2!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:3E2 (12/3/2025, 7:00:00 PM)
46.36
-1.34 (-2.8%)
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 Cap4.58B
Revenue(TTM)2.81B
Net Income(TTM)164.02M
Analysts69.23
Price Target58.44 (26.06%)
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%
EPS NQ rev (3m)-8.91%
EPS NY rev (1m)-2.39%
EPS NY rev (3m)-47.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.67%
Revenue NY rev (1m)1.24%
Revenue NY rev (3m)3.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.5 | ||
| Fwd PE | 19.21 | ||
| P/S | 1.88 | ||
| P/FCF | 8.41 | ||
| P/OCF | 7.74 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.63 |
EPS(TTM)2.06
EY4.44%
EPS(NY)2.41
Fwd EY5.21%
FCF(TTM)5.51
FCFY11.89%
OCF(TTM)5.99
OCFY12.92%
SpS24.64
BVpS-9.76
TBVpS-12.85
PEG (NY)N/A
PEG (5Y)0.88
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 | 1.78 |
F-Score6
WACC6.96%
ROIC/WACC2.04
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 5 / 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 22.5 and the Price/Book (PB) ratio is -4.75.
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.