ETSY Inc
NASDAQ:ETSY

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ETSY Inc
NASDAQ:ETSY
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Price: 45.65 USD 2.82% Market Closed
Market Cap: 4.9B USD
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Relative Value

The Relative Value of one ETSY stock under the Base Case scenario is 75.25 USD. Compared to the current market price of 45.65 USD, ETSY Inc is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ETSY Relative Value
Base Case
75.25 USD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
10
Median 3Y
3.6
Median 5Y
5.4
Industry
0.5
Forward
1.7
vs History
79
vs Industry
19
Median 3Y
23
Median 5Y
28.1
Industry
16.1
Forward
16.8
vs History
98
vs Industry
28
Median 3Y
14
Median 5Y
21.7
Industry
7.7
vs History
90
vs Industry
35
Median 3Y
12.8
Median 5Y
14
Industry
14.7
vs History
vs Industry
4
Median 3Y
-12.4
Median 5Y
10.3
Industry
1.6
vs History
98
vs Industry
9
Median 3Y
4.1
Median 5Y
6
Industry
0.7
Forward
2.2
vs History
98
vs Industry
21
Median 3Y
5.9
Median 5Y
8.5
Industry
2.2
vs History
93
vs Industry
10
Median 3Y
23.9
Median 5Y
30.8
Industry
8.3
Forward
7.8
vs History
93
vs Industry
10
Median 3Y
29.3
Median 5Y
38.3
Industry
12.4
Forward
15.5
vs History
98
vs Industry
25
Median 3Y
16
Median 5Y
23.5
Industry
9
vs History
98
vs Industry
31
Median 3Y
16.8
Median 5Y
25.1
Industry
12.5
vs History
93
vs Industry
5
Median 3Y
6.3
Median 5Y
8.3
Industry
1

Multiples Across Competitors

ETSY Competitors Multiples
ETSY Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
ETSY Inc
NASDAQ:ETSY
5B USD 1.8 16.3 12.9 16.6
US
Amazon.com Inc
NASDAQ:AMZN
2.1T USD 3.3 35.4 17 30.1
ZA
Naspers Ltd
JSE:NPN
965.5B Zac 0 0 0 0
CN
Alibaba Group Holding Ltd
NYSE:BABA
335.2B USD 2.5 20.2 16.5 16.5
CN
Pinduoduo Inc
NASDAQ:PDD
170.2B USD 3.3 11.4 8.8 8.8
CN
Meituan
HKEX:3690
1.1T HKD 3 30.9 26.9 26.9
NL
Prosus NV
AEX:PRX
106.2B EUR 19.7 14.8 2 900.5 2 900.5
AR
Mercadolibre Inc
NASDAQ:MELI
102B USD 4.9 53.4 30.1 37.2
UY
MercadoLibre Inc
BMV:MELIN
2T MXN 4.9 53.5 30.2 37.3
US
DoorDash Inc
NASDAQ:DASH
77B USD 7.2 626.1 118.3 1 592.7
CN
JD.Com Inc
HKEX:9618
480.1B HKD 0.4 12.8 8.5 8.5
P/S Multiple
Revenue Growth P/S to Growth
US
ETSY Inc
NASDAQ:ETSY
Average P/S: 5.1
1.8
4%
0.4
US
Amazon.com Inc
NASDAQ:AMZN
3.3
11%
0.3
ZA
N
Naspers Ltd
JSE:NPN
Not Available
12%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
2.5
8%
0.3
CN
Pinduoduo Inc
NASDAQ:PDD
3.3
34%
0.1
CN
Meituan
HKEX:3690
3
18%
0.2
NL
Prosus NV
AEX:PRX
19.7
14%
1.4
AR
Mercadolibre Inc
NASDAQ:MELI
4.9
23%
0.2
UY
MercadoLibre Inc
BMV:MELIN
4.9
23%
0.2
US
D
DoorDash Inc
NASDAQ:DASH
7.2
19%
0.4
CN
JD.Com Inc
HKEX:9618
0.4
6%
0.1
P/E Multiple
Earnings Growth PEG
US
ETSY Inc
NASDAQ:ETSY
Average P/E: 87.5
16.3
31%
0.5
US
Amazon.com Inc
NASDAQ:AMZN
35.4
20%
1.8
ZA
N
Naspers Ltd
JSE:NPN
Not Available
22%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
20.2
34%
0.6
CN
Pinduoduo Inc
NASDAQ:PDD
11.4
38%
0.3
CN
Meituan
HKEX:3690
30.9
68%
0.5
NL
Prosus NV
AEX:PRX
14.8
20%
0.7
AR
Mercadolibre Inc
NASDAQ:MELI
53.4
26%
2.1
UY
MercadoLibre Inc
BMV:MELIN
53.5
26%
2.1
US
D
DoorDash Inc
NASDAQ:DASH
626.1
172%
3.6
CN
JD.Com Inc
HKEX:9618
12.8
0%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
ETSY Inc
NASDAQ:ETSY
Average EV/EBITDA: 317
12.9
24%
0.5
US
Amazon.com Inc
NASDAQ:AMZN
17
25%
0.7
ZA
N
Naspers Ltd
JSE:NPN
Not Available
162%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
16.5
13%
1.3
CN
Pinduoduo Inc
NASDAQ:PDD
8.8
44%
0.2
CN
Meituan
HKEX:3690
26.9
63%
0.4
NL
Prosus NV
AEX:PRX
2 900.5
N/A N/A
AR
Mercadolibre Inc
NASDAQ:MELI
30.1
29%
1
UY
MercadoLibre Inc
BMV:MELIN
30.2
29%
1
US
D
DoorDash Inc
NASDAQ:DASH
118.3
90%
1.3
CN
JD.Com Inc
HKEX:9618
8.5
20%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
ETSY Inc
NASDAQ:ETSY
Average EV/EBIT: 467.5
16.6
10%
1.7
US
Amazon.com Inc
NASDAQ:AMZN
30.1
22%
1.4
ZA
N
Naspers Ltd
JSE:NPN
Not Available N/A N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
16.5
16%
1
CN
Pinduoduo Inc
NASDAQ:PDD
8.8
46%
0.2
CN
Meituan
HKEX:3690
26.9
92%
0.3
NL
Prosus NV
AEX:PRX
2 900.5
N/A N/A
AR
Mercadolibre Inc
NASDAQ:MELI
37.2
34%
1.1
UY
MercadoLibre Inc
BMV:MELIN
37.3
34%
1.1
US
D
DoorDash Inc
NASDAQ:DASH
1 592.7
298%
5.3
CN
JD.Com Inc
HKEX:9618
8.5
23%
0.4