Etsy Inc Stock Current Valuation
| ETSY Stock | USD 79.54 2.12 2.60% |
Etsy Inc fundamentals help investors to digest information that contributes to Etsy's financial success or failures. It also enables traders to predict the movement of Etsy Stock. The fundamental analysis module provides a way to measure Etsy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Etsy stock.
Etsy | Current Valuation |
Etsy Current Valuation Analysis
Etsy's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
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| 2020 | 2021 | 2022 | 2023 (projected) | Accounts Payable | 40.9M | 28.0M | 28.8M | 23.7M | Receivables | 22.6M | 27.3M | 27.9M | 23.6M |
Enterprise Value | = | Market Cap + Debt | - | Cash |
Current Etsy Current Valuation | 11.35 B |
Most of Etsy's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Etsy Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Etsy Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Etsy is extremely important. It helps to project a fair market value of Etsy Stock properly, considering its historical fundamentals such as Current Valuation. Since Etsy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Etsy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Etsy's interrelated accounts and indicators.
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Etsy Current Valuation Historical Pattern
Today, most investors in Etsy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Etsy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Etsy current valuation as a starting point in their analysis.
Etsy Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Etsy Inc has a Current Valuation of 11.35 B. This is 37.29% lower than that of the Internet & Direct Marketing Retail sector and significantly higher than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 31.73% higher than that of the company.
Etsy Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Etsy's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Etsy could also be used in its relative valuation, which is a method of valuing Etsy by comparing valuation metrics of similar companies.Etsy is currently under evaluation in current valuation category among related companies.
Etsy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Etsy from analyzing Etsy's financial statements. These drivers represent accounts that assess Etsy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Etsy's important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 88.7K | 77.3K | 246.3K | 205.5K | (248.8K) | (255.4K) | |
| Revenue Per Employee | 690.7K | 660.0K | 1.2M | 969.7K | 919.8K | 765.7K | |
| Average Assets | 893.9M | 1.5B | 2.0B | 3.3B | 3.1B | 3.4B | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 104.0M | 153.0M | 465.9M | 555.8M | (551.1M) | (565.6M) | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 104.0M | 153.0M | 465.9M | 555.8M | (551.1M) | (565.6M) | |
| Earnings before Tax | 55.1M | 80.6M | 365.7M | 471.7M | (662.0M) | (679.4M) | |
| Average Equity | 396.8M | 402.3M | 585.0M | 594.2M | 26.2M | 26.8M | |
| Enterprise Value | 5.7B | 5.4B | 22.4B | 29.5B | 16.6B | 14.8B | |
| Free Cash Flow | 178.4M | 191.6M | 671.8M | 623.4M | 652.9M | 704.4M | |
| Invested Capital | 687.8M | 1.4B | 1.5B | 2.8B | 2.8B | 3.0B | |
| Invested Capital Average | 644.7M | 1.4B | 1.4B | 2.6B | 2.9B | 3.1B | |
| Market Capitalization | 5.7B | 5.2B | 22.4B | 27.8B | 15.1B | 13.8B | |
| Tangible Asset Value | 829.8M | 1.2B | 2.1B | 1.9B | 2.0B | 1.6B | |
| Working Capital | 568.2M | 732.5M | 1.4B | 725.9M | 882.0M | 776.5M |
Etsy Fundamentals
| Return On Equity | -12.24 | ||||
| Return On Asset | 0.0956 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 11.35 B | ||||
| Shares Outstanding | 119.75 M | ||||
| Shares Owned By Institutions | 100.00 % | ||||
| Number Of Shares Shorted | 14.6 M | ||||
| Price To Earning | 44.71 X | ||||
| Price To Book | 21.42 X | ||||
| Price To Sales | 3.68 X | ||||
| Revenue | 2.57 B | ||||
| Gross Profit | 1.82 B | ||||
| EBITDA | 1.53 B | ||||
| Net Income | (694.29 M) | ||||
| Cash And Equivalents | 1.01 B | ||||
| Cash Per Share | 7.95 X | ||||
| Total Debt | 2.39 B | ||||
| Debt To Equity | 4.11 % | ||||
| Current Ratio | 2.93 X | ||||
| Book Value Per Share | (5.20) X | ||||
| Cash Flow From Operations | 683.61 M | ||||
| Short Ratio | 3.56 X | ||||
| Earnings Per Share | 2.47 X | ||||
| Price To Earnings To Growth | 7.51 X | ||||
| Target Price | 73.86 | ||||
| Number Of Employees | 2.79 K | ||||
| Beta | 2.02 | ||||
| Market Capitalization | 9.84 B | ||||
| Total Asset | 2.63 B | ||||
| Retained Earnings | (1.05 B) | ||||
| Working Capital | 881.99 M | ||||
| Current Asset | 359.05 M | ||||
| Current Liabilities | 80.12 M | ||||
| Z Score | 5.2 | ||||
| Net Asset | 2.63 B |
About Etsy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Etsy Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Etsy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Etsy Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York. Etsy operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. It employs 2722 people.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Etsy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pair Trading with Etsy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Etsy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Etsy will appreciate offsetting losses from the drop in the long position's value.Moving together with Etsy Stock
| + | 0.62 | AMZN | Amazon Inc | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.61 | WING | Wingstop | Fiscal Quarter End 31st of December 2023 | PairCorr |
Moving against Etsy Stock
| - | 0.53 | BDL | Flanigans Enterprises | Report 16th of January 2024 | PairCorr | |
| - | 0.5 | GTIM | Good Times Restaurants | Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Etsy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etsy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Etsy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Etsy Inc to buy it.
The correlation of Etsy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Etsy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etsy Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Etsy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Etsy Piotroski F Score and Etsy Altman Z Score analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Etsy Stock analysis
When running Etsy's price analysis, check to measure Etsy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etsy is operating at the current time. Most of Etsy's value examination focuses on studying past and present price action to predict the probability of Etsy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etsy's price. Additionally, you may evaluate how the addition of Etsy to your portfolios can decrease your overall portfolio volatility.
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Is Etsy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Etsy. If investors know Etsy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Etsy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Earnings Share 2.47 | Revenue Per Share 21.873 | Quarterly Revenue Growth 0.07 | Return On Assets 0.0956 |
The market value of Etsy Inc is measured differently than its book value, which is the value of Etsy that is recorded on the company's balance sheet. Investors also form their own opinion of Etsy's value that differs from its market value or its book value, called intrinsic value, which is Etsy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etsy's market value can be influenced by many factors that don't directly affect Etsy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etsy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etsy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etsy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.