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. More Details
Exceptional growth potential with solid track record.
Share Price & News
How has Etsy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ETSY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: ETSY's weekly volatility (9%) has been stable over the past year.
7 Day Return
US Online Retail
1 Year Return
US Online Retail
Return vs Industry: ETSY exceeded the US Online Retail industry which returned 41.4% over the past year.
Return vs Market: ETSY exceeded the US Market which returned 52.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Etsy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StEtsy, Inc. (NASDAQ:ETSY) Delivered A Better ROE Than Its Industry
2 weeks ago | Simply Wall StShould You Be Adding Etsy (NASDAQ:ETSY) To Your Watchlist Today?
1 month ago | Simply Wall StUnder The Bonnet, Etsy's (NASDAQ:ETSY) Returns Look Impressive
Is Etsy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ETSY ($157.68) is trading below our estimate of fair value ($270.78)
Significantly Below Fair Value: ETSY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ETSY is poor value based on its PE Ratio (40.5x) compared to the US Online Retail industry average (32x).
PE vs Market: ETSY is poor value based on its PE Ratio (40.5x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: ETSY is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: ETSY is overvalued based on its PB Ratio (29.1x) compared to the US Online Retail industry average (4.7x).
How is Etsy forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ETSY's forecast earnings growth (25.1% per year) is above the savings rate (2%).
Earnings vs Market: ETSY's earnings (25.1% per year) are forecast to grow faster than the US market (15.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ETSY's revenue (21.8% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: ETSY's revenue (21.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ETSY's Return on Equity is forecast to be high in 3 years time (34.3%)
How has Etsy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ETSY has high quality earnings.
Growing Profit Margin: ETSY's current net profit margins (23.5%) are higher than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: ETSY has become profitable over the past 5 years, growing earnings by 63.5% per year.
Accelerating Growth: ETSY's earnings growth over the past year (525.2%) exceeds its 5-year average (63.5% per year).
Earnings vs Industry: ETSY earnings growth over the past year (525.2%) exceeded the Online Retail industry 65.3%.
Return on Equity
High ROE: Whilst ETSY's Return on Equity (70.27%) is outstanding, this metric is skewed due to their high level of debt.
How is Etsy's financial position?
Financial Position Analysis
Short Term Liabilities: ETSY's short term assets ($1.9B) exceed its short term liabilities ($427.0M).
Long Term Liabilities: ETSY's short term assets ($1.9B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: ETSY's debt to equity ratio (190.5%) is considered high.
Reducing Debt: ETSY's debt to equity ratio has increased from 0% to 190.5% over the past 5 years.
Debt Coverage: ETSY's debt is well covered by operating cash flow (61.3%).
Interest Coverage: ETSY's interest payments on its debt are well covered by EBIT (18.8x coverage).
What is Etsy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ETSY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ETSY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ETSY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ETSY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ETSY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Josh Silverman (51 yo)
Mr. Joshua G. Silverman, also known as Josh, is the Chief Executive Officer and President of Etsy, Inc. since May 3, 2017. Mr. Silverman was an Executive-in-Residence at Greylock Partners from October 2015...
CEO Compensation Analysis
Compensation vs Market: Josh's total compensation ($USD1.93M) is below average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Josh's compensation has increased by more than 20% in the past year.
Experienced Management: ETSY's management team is considered experienced (3.9 years average tenure).
Experienced Board: ETSY's board of directors are considered experienced (4.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ETSY insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.
Etsy, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Etsy, Inc.
- Ticker: ETSY
- Exchange: NasdaqGS
- Founded: 2005
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$23.458b
- Shares outstanding: 127.10m
- Website: https://www.etsy.com
Number of Employees
- Etsy, Inc.
- 117 Adams Street
- New York
- United States
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. Its online market places...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 22:40|
|End of Day Share Price||2021/05/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.