Etsy Fundamentals

ETSY -  USA Stock  

USD 231.33  18.23  7.30%

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. This fundamental analysis module provides a way for investors to measures Etsy's intrinsic value by examining all of its available economic and financial indicators and drivers, 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. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Etsy Fundamentals 

 
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Etsy Revenues is fairly stable at the moment as compared to the past year. Etsy reported Revenues of 1.73 Billion in 2020. Research and Development Expense is likely to rise to about 194.3 M in 2021, whereas Weighted Average Shares is likely to drop slightly above 114.5 M in 2021.

Etsy Book Value Per Share Analysis

Etsy's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Etsy Book Value per Share

5.01Share
Book Value per Share 
 = 
Common Equity 
Average Shares 
More About Book Value Per Share | All Equity Analysis

Current Etsy Book Value Per Share

    
  5.39 X  
Most of Etsy's fundamental indicators, such as Book Value Per Share, 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 Book Value Per Share 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 book value per share 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 book value per share as a starting point in their analysis.
 Etsy Book Value Per Share 
Share
      Timeline 
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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Etsy Shareholders Equity

Shareholders Equity

801.04 MillionShare
Etsy Shareholders Equity is fairly stable at the moment as compared to the past year. Etsy reported Shareholders Equity of 742.42 Million in 2020
In accordance with the recently published financial statements, the book value per share of Etsy Inc is about 5.39 times. This is 93.89% lower than that of the Consumer Cyclical sector and significantly higher than that of the Internet Retail industry. The book value per share for all United States stocks is 99.72% higher than that of the company.

Etsy Inc Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Etsy's current stock value. Our valuation model uses many indicators to compare Etsy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Etsy competition to find correlations between indicators driving Etsy's intrinsic value. More Info.
Etsy Inc is one of the top stocks in earnings per share category among related companies. It is rated # 3 in price to earnings to growth category among related companies producing about  0.38  of Price to Earnings To Growth per Earnings Per Share. The ratio of Earnings Per Share to Price to Earnings To Growth for Etsy Inc is roughly  2.63 . Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 502.7 M in 2021. Earnings before Tax is likely to rise to about 394.6 M in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Etsy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Etsy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Etsy's earnings, one of the primary drivers of an investment's value.

Etsy Book Value Per Share 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 Book Value Per Share 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 book value per share 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.
201620172018201920202021 (projected)
Net Income Per Employee(28.59 K)109.95 K88.66 K77.33 K246.32 K265.76 K
Revenue Per Employee348.96 K593.05 K690.72 K659.98 K1.22 M1.31 M
Average Assets562.63 M566.18 M893.93 M1.53 B1.97 B2.13 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA26.85 M70.59 M104 M153 M465.92 M502.71 M
Earnings Before Interest Taxes and Depreciation Amortization USD26.85 M70.59 M104 M153 M465.92 M502.71 M
Earnings before Tax(2.88 M)32.27 M55.08 M80.65 M365.71 M394.58 M
Average Equity337.94 M337.11 M396.8 M402.29 M585.03 M502.54 M
Enterprise Value1.24 B2.3 B5.7 B5.41 B22.39 B24.16 B
Free Cash Flow214 K55.95 M178.37 M191.64 M671.85 M724.89 M
Invested Capital336.57 M209.64 M687.85 M1.41 B1.49 B1.61 B
Invested Capital Average334.06 M249.1 M644.69 M1.35 B1.44 B1.55 B
Market Capitalization1.36 B2.49 B5.73 B5.25 B22.43 B24.2 B
Tangible Asset Value538.03 M562.94 M829.78 M1.2 B2.08 B2.24 B
Working Capital287.02 M336.79 M568.23 M732.51 M1.44 B1.55 B

Etsy Fundamentals

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.
Last ReportedProjected for 2021
Deferred Revenue11.3 M9.5 M
Cost of Revenue464.7 M501.4 M
Revenues1.7 B1.9 B
Revenue to Assets 0.72  0.79 
Revenue Per Employee1.2 M1.3 M
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 1598 people.

Etsy Investors Sentiment

The influence of Etsy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Etsy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Etsy Implied Volatility

    
  89.74  
Etsy's implied volatility exposes the market's sentiment of Etsy Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Etsy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Etsy stock will not fluctuate a lot when Etsy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Etsy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Etsy's short interest history, or implied volatility extrapolated from Etsy options trading.

Current Sentiment - ETSY

Etsy Inc Investor Sentiment

Most of Macroaxis users are currently bullish on Etsy Inc. What is your opinion about investing in Etsy Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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.

Etsy Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Etsy and Imedia Brands. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Etsy Piotroski F Score and Etsy Altman Z Score analysis. Note that the Etsy Inc information on this page should be used as a complementary analysis to other Etsy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for Etsy Stock analysis

When running Etsy Inc 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 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.
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 Etsy value 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.