Etsy Inc.

ETSY

45.11 (0.82%) 0.37

4.83(B)

Consumer Discretionary

Broadline Retail

Etsy Inc. together with its subsidiaries operates two-sided online marketplaces that connect buyers and sellers worldwide. The company operates through three segments: Etsy Reverb and Depop. It primarily operates Etsy marketplace that connects artisans and entrepreneurs with various consumers. The company also offers Reverb a musical instrument marketplace; and Depop a fashion resale marketplace. In addition it provides marketplace activities including transaction offsite advertising payments processing and listing fees as well as from optional seller services which include on-site advertising and shipping labels. Further the company offers Etsy Search Visibility Page that is designed to give sellers more agency and control over their businesses; Etsy Purchase Protection program that is designed to help buyers; and Etsy Share & Save program for sellers to save on Etsy fees for sales that drive to their Etsy shop from their own channels as well as educational resources. The company was formerly known as Indieco Inc changed its name to Etsy Inc. in June 2006. Etsy Inc. was founded in 2005 and is headquartered in Brooklyn New York.

Holdings:

Cost basis:

Valuation Overview Growth Estimates Per Share Data Similar Companies Historical Data Calculators

Etsy Inc. (ETSY) price target and intrinsic value estimate

ETSY's fair price estimate is $99.1

This valuation is based on a fair P/E of 19.2 and EPS estimates of $5.16

The median analyst price target for ETSY is $56.0.

Analyst price targets range from $40.0 to $92.1

Is ETSY overvalued or undervalued?

ETSY is currently trading at $45.11

ETSY is undervalued by 55% using the pevaluation method.

ETSY is undervalued by 19% compared to median analyst price targets.

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Valuation

PEvaluation

Current price

$45

Undervalued

Low

$74

Median

$99

High

$124

Fair P/E

Margin of safety

Analyst valuation

Current price

$45.1

Fairly valued

Low

$40.0

Median

$56.0

High

$92.1

Strong Buy2

Buy9

Hold18

Sell3

Strong Sell1

Discounted cash-flow

N/A
Negative FCF or FCF estimates

TTM FCFFCF est.Growth FCFTerminal FCF

Discount
rate10%

Terminal
rate5%

Growth p.
length5y

Growth p.
rate10%

Economic moat: Medium

Overview

Market data

Market cap:$4.83(B)

Enterprise value:$6.22(B)

Total Equity:$-758.87(M)

Shares outstanding:107.07(M)

Div. yield:0.00%

P/S:1.85

P/E:17.09

P/FCF:6.63

P/B:N/A

EPS:$2.6

FCF per share:$6.8

Dividend per share:$0.0

Income (TTM)

Revenue$2.81(B)

Gross profit$2.03(B)

EBITDA$437.58(M)

Net income$303.28(M)

Gross margin72.4%

Net margin10.8%

Balance sheet

Total assets$2.42(B)

Total liabilities$3.18(B)

Cash & Short-term inv.$1.04(B)

Long-term debt$2.29(B)

Debt issued$0

Debt repaid$-6.09(M)

Cash flow (TTM)

FCF$738.26(M)

CapEx$-14.21(M)

Dividends paid$0

Stock issued$3.91(M)

Stock repurchased$-785.49(M)

Stock-based comp.$282.85(M)

Per Share Data

Zoom x1

Show Growth

Growth Estimates

Revenue

CAGR: 6.6%

FY+1$2.81(B)

FY+2$2.93(B)

FY+3$3.08(B)

FY+4$3.40(B)

FY+5$3.64(B)

Net Income

CAGR: 7.6%

FY+1$599.04(M)

FY+2$635.14(M)

FY+3$643.58(M)

FY+4$726.75(M)

FY+5$803.50(M)

EPS

CAGR: 10.4%

FY+1$4.97

FY+2$5.51

FY+3$5.58

FY+4$6.70

FY+5$7.37

FCF per share

CAGR: 0.0%

FY+1$5.71

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Historical Financials

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Calculators

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