(ETSY) Etsy - Ratings and Ratios
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US29786A1060
Marketplace, Crafts, Instruments, Fashion
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 48.7% |
| Value at Risk 5%th | 74.9% |
| Relative Tail Risk | -6.53% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.01 |
| Alpha | -21.36 |
| CAGR/Max DD | -0.35 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.545 |
| Beta | 0.953 |
| Beta Downside | 1.288 |
| Drawdowns 3y | |
|---|---|
| Max DD | 72.47% |
| Mean DD | 51.62% |
| Median DD | 56.83% |
Description: ETSY Etsy November 05, 2025
Etsy, Inc. (NASDAQ:ETSY) runs three distinct two-sided marketplaces-Etsy (hand-made and vintage goods), Reverb (musical instruments), and Depop (fashion resale)-that facilitate transactions between independent sellers and global buyers. Revenue streams include transaction fees, off-site advertising, payment processing, optional seller services (e.g., on-site ads, shipping labels), and subscription-based programs such as Etsy Search Visibility and Etsy Share & Save.
As of Q3 2024, Etsy reported a Gross Merchandise Sales (GMS) growth of 12% YoY to $2.1 billion, with active buyers reaching 97 million, up 8% year-over-year. The marketplace’s performance is closely tied to discretionary-spending trends and the broader “maker” economy, which benefits from rising consumer interest in unique, sustainable products and from the continued shift toward online retail (e-commerce now accounts for ~15% of U.S. total retail sales). Additionally, Etsy’s advertising-revenue contribution has risen to roughly 25% of total net revenue, reflecting the increasing importance of paid visibility for sellers.
For a deeper, data-driven look at Etsy’s valuation dynamics and scenario analysis, you might explore the company’s profile on ValueRay to supplement your research.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (182.2m TTM) > 0 and > 6% of Revenue (6% = 171.2m TTM) |
| FCFTA 0.25 (>2.0%) and ΔFCFTA -4.31pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 43.05% (prev 27.43%; Δ 15.61pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.26 (>3.0%) and CFO 691.2m > Net Income 182.2m (YES >=105%, WARN >=100%) |
| Net Debt (1.83b) to EBITDA (534.9m) ratio: 3.41 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.17 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (125.0m) change vs 12m ago -4.43% (target <= -2.0% for YES) |
| Gross Margin 72.04% (prev 70.96%; Δ 1.08pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 112.0% (prev 114.6%; Δ -2.56pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 45.63 (EBITDA TTM 534.9m / Interest Expense TTM 9.46m) >= 6 (WARN >= 3) |
Altman Z'' 0.52
| (A) 0.46 = (Total Current Assets 1.79b - Total Current Liabilities 565.1m) / Total Assets 2.65b |
| (B) -0.90 = Retained Earnings (Balance) -2.38b / Total Assets 2.65b |
| (C) 0.17 = EBIT TTM 431.6m / Avg Total Assets 2.55b |
| (D) -0.69 = Book Value of Equity -2.61b / Total Liabilities 3.77b |
| Total Rating: 0.52 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 69.33
| 1. Piotroski 6.0pt |
| 2. FCF Yield 9.76% |
| 3. FCF Margin 23.01% |
| 4. Debt/Equity -2.76 |
| 5. Debt/Ebitda 3.41 |
| 6. ROIC - WACC (= 15.32)% |
| 7. RoE -18.65% |
| 8. Rev. Trend 26.97% |
| 9. EPS Trend 8.17% |
What is the price of ETSY shares?
As of December 08, 2025, the stock is trading at USD 53.26 with a total of 3,930,630 shares traded.
Over the past week, the price has changed by -2.83%, over one month by -9.87%, over three months by -8.49% and over the past year by -9.34%.
Over the past week, the price has changed by -2.83%, over one month by -9.87%, over three months by -8.49% and over the past year by -9.34%.
Is ETSY a buy, sell or hold?
Etsy has received a consensus analysts rating of 3.31.
Therefor, it is recommend to hold ETSY.
- Strong Buy: 7
- Buy: 3
- Hold: 18
- Sell: 1
- Strong Sell: 3
What are the forecasts/targets for the ETSY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 68.6 | 28.8% |
| Analysts Target Price | 68.6 | 28.8% |
| ValueRay Target Price | 43 | -19.3% |
ETSY Fundamental Data Overview November 26, 2025
Market Cap USD = 5.16b (5.16b USD * 1.0 USD.USD)
P/E Trailing = 35.1757
P/E Forward = 19.3424
P/S = 1.8078
P/B = 21.4211
P/EG = 2.3142
Beta = 1.754
Revenue TTM = 2.85b USD
EBIT TTM = 431.6m USD
EBITDA TTM = 534.9m USD
Long Term Debt = 2.98b USD (from longTermDebt, last quarter)
Short Term Debt = 1.20m USD (from shortTermDebt, last quarter)
Debt = 3.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.83b USD (from netDebt column, last quarter)
Enterprise Value = 6.73b USD (5.16b + Debt 3.08b - CCE 1.51b)
Interest Coverage Ratio = 45.63 (Ebit TTM 431.6m / Interest Expense TTM 9.46m)
FCF Yield = 9.76% (FCF TTM 656.8m / Enterprise Value 6.73b)
FCF Margin = 23.01% (FCF TTM 656.8m / Revenue TTM 2.85b)
Net Margin = 6.38% (Net Income TTM 182.2m / Revenue TTM 2.85b)
Gross Margin = 72.04% ((Revenue TTM 2.85b - Cost of Revenue TTM 797.9m) / Revenue TTM)
Gross Margin QoQ = 71.29% (prev 71.23%)
Tobins Q-Ratio = 2.54 (Enterprise Value 6.73b / Total Assets 2.65b)
Interest Expense / Debt = 0.18% (Interest Expense 5.68m / Debt 3.08b)
Taxrate = 18.01% (16.6m / 92.1m)
NOPAT = 353.9m (EBIT 431.6m * (1 - 18.01%))
Current Ratio = 3.17 (Total Current Assets 1.79b / Total Current Liabilities 565.1m)
Debt / Equity = -2.76 (negative equity) (Debt 3.08b / totalStockholderEquity, last quarter -1.11b)
Debt / EBITDA = 3.41 (Net Debt 1.83b / EBITDA 534.9m)
Debt / FCF = 2.78 (Net Debt 1.83b / FCF TTM 656.8m)
Total Stockholder Equity = -976.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.87% (Net Income 182.2m / Total Assets 2.65b)
RoE = -18.65% (negative equity) (Net Income TTM 182.2m / Total Stockholder Equity -976.6m)
RoCE = 21.54% (EBIT 431.6m / Capital Employed (Equity -976.6m + L.T.Debt 2.98b))
RoIC = 21.35% (NOPAT 353.9m / Invested Capital 1.66b)
WACC = 6.03% (E(5.16b)/V(8.24b) * Re(9.53%) + D(3.08b)/V(8.24b) * Rd(0.18%) * (1-Tc(0.18)))
Discount Rate = 9.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.34%
[DCF Debug] Terminal Value 73.74% ; FCFE base≈678.0m ; Y1≈706.7m ; Y5≈814.5m
Fair Price DCF = 112.0 (DCF Value 11.05b / Shares Outstanding 98.7m; 5y FCF grow 4.47% → 3.0% )
EPS Correlation: 8.17 | EPS CAGR: -14.02% | SUE: 0.32 | # QB: 0
Revenue Correlation: 26.97 | Revenue CAGR: -1.48% | SUE: 1.74 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.45 | Chg30d=-0.043 | Revisions Net=-4 | Analysts=18
EPS next Year (2026-12-31): EPS=2.51 | Chg30d=-0.217 | Revisions Net=-19 | Growth EPS=+85.2% | Growth Revenue=+2.7%
P/E Trailing = 35.1757
P/E Forward = 19.3424
P/S = 1.8078
P/B = 21.4211
P/EG = 2.3142
Beta = 1.754
Revenue TTM = 2.85b USD
EBIT TTM = 431.6m USD
EBITDA TTM = 534.9m USD
Long Term Debt = 2.98b USD (from longTermDebt, last quarter)
Short Term Debt = 1.20m USD (from shortTermDebt, last quarter)
Debt = 3.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.83b USD (from netDebt column, last quarter)
Enterprise Value = 6.73b USD (5.16b + Debt 3.08b - CCE 1.51b)
Interest Coverage Ratio = 45.63 (Ebit TTM 431.6m / Interest Expense TTM 9.46m)
FCF Yield = 9.76% (FCF TTM 656.8m / Enterprise Value 6.73b)
FCF Margin = 23.01% (FCF TTM 656.8m / Revenue TTM 2.85b)
Net Margin = 6.38% (Net Income TTM 182.2m / Revenue TTM 2.85b)
Gross Margin = 72.04% ((Revenue TTM 2.85b - Cost of Revenue TTM 797.9m) / Revenue TTM)
Gross Margin QoQ = 71.29% (prev 71.23%)
Tobins Q-Ratio = 2.54 (Enterprise Value 6.73b / Total Assets 2.65b)
Interest Expense / Debt = 0.18% (Interest Expense 5.68m / Debt 3.08b)
Taxrate = 18.01% (16.6m / 92.1m)
NOPAT = 353.9m (EBIT 431.6m * (1 - 18.01%))
Current Ratio = 3.17 (Total Current Assets 1.79b / Total Current Liabilities 565.1m)
Debt / Equity = -2.76 (negative equity) (Debt 3.08b / totalStockholderEquity, last quarter -1.11b)
Debt / EBITDA = 3.41 (Net Debt 1.83b / EBITDA 534.9m)
Debt / FCF = 2.78 (Net Debt 1.83b / FCF TTM 656.8m)
Total Stockholder Equity = -976.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.87% (Net Income 182.2m / Total Assets 2.65b)
RoE = -18.65% (negative equity) (Net Income TTM 182.2m / Total Stockholder Equity -976.6m)
RoCE = 21.54% (EBIT 431.6m / Capital Employed (Equity -976.6m + L.T.Debt 2.98b))
RoIC = 21.35% (NOPAT 353.9m / Invested Capital 1.66b)
WACC = 6.03% (E(5.16b)/V(8.24b) * Re(9.53%) + D(3.08b)/V(8.24b) * Rd(0.18%) * (1-Tc(0.18)))
Discount Rate = 9.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.34%
[DCF Debug] Terminal Value 73.74% ; FCFE base≈678.0m ; Y1≈706.7m ; Y5≈814.5m
Fair Price DCF = 112.0 (DCF Value 11.05b / Shares Outstanding 98.7m; 5y FCF grow 4.47% → 3.0% )
EPS Correlation: 8.17 | EPS CAGR: -14.02% | SUE: 0.32 | # QB: 0
Revenue Correlation: 26.97 | Revenue CAGR: -1.48% | SUE: 1.74 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.45 | Chg30d=-0.043 | Revisions Net=-4 | Analysts=18
EPS next Year (2026-12-31): EPS=2.51 | Chg30d=-0.217 | Revisions Net=-19 | Growth EPS=+85.2% | Growth Revenue=+2.7%
Additional Sources for ETSY Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle