Etsy Inc Stock Filter Stocks by Fundamentals

ETSY Stock  USD 67.99  2.19  3.33%   
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. The fundamental analysis module provides a way to measure Etsy's intrinsic value by examining its available economic and financial indicators, 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.
Price To Book Ratio is likely to rise to -19.85 in 2024.
  
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 Price to Book Analysis

Etsy Price to Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Etsy is extremely important. It helps to project a fair market value of Etsy Stock properly, considering its historical fundamentals such as Price to Book. Since Etsy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Etsy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Etsy's interrelated accounts and indicators.
0.88-0.010.760.940.79-0.460.870.860.890.860.730.720.830.820.890.920.430.910.660.8-0.720.740.520.860.830.970.760.5-0.52
0.88-0.390.640.90.91-0.781.00.960.990.990.520.610.970.790.990.850.380.960.580.94-0.840.610.490.990.850.910.760.71-0.64
-0.01-0.390.15-0.19-0.530.79-0.4-0.37-0.42-0.420.280.16-0.39-0.06-0.41-0.020.21-0.360.18-0.430.580.240.1-0.46-0.22-0.110.01-0.210.27
0.760.640.150.760.54-0.360.650.750.630.660.570.510.690.790.640.680.630.640.850.75-0.430.920.90.60.560.660.450.35-0.26
0.940.9-0.190.760.77-0.660.910.860.890.890.480.750.840.940.90.950.550.870.730.86-0.680.70.610.870.930.890.790.44-0.6
0.790.91-0.530.540.77-0.740.90.910.960.90.590.410.910.590.950.630.120.970.410.91-0.970.480.330.960.650.850.490.61-0.43
-0.46-0.780.79-0.36-0.66-0.74-0.79-0.74-0.77-0.80.06-0.37-0.79-0.64-0.77-0.55-0.36-0.68-0.4-0.820.67-0.3-0.42-0.8-0.7-0.49-0.49-0.460.53
0.871.0-0.40.650.910.9-0.790.960.981.00.490.60.970.80.990.850.410.950.60.94-0.820.610.520.980.860.90.760.71-0.65
0.860.96-0.370.750.860.91-0.740.960.960.960.570.50.970.760.960.770.360.940.620.96-0.850.690.610.950.740.870.640.68-0.54
0.890.99-0.420.630.890.96-0.770.980.960.980.560.590.960.751.00.820.330.990.560.94-0.890.60.461.00.810.930.710.69-0.6
0.860.99-0.420.660.890.9-0.81.00.960.980.50.550.970.780.980.820.390.940.60.95-0.840.60.520.980.830.880.720.71-0.64
0.730.520.280.570.480.590.060.490.570.560.50.260.530.290.560.43-0.040.660.340.47-0.60.530.210.520.250.740.280.44-0.05
0.720.610.160.510.750.41-0.370.60.50.590.550.260.530.80.60.860.70.560.640.49-0.230.650.480.570.830.680.890.35-0.55
0.830.97-0.390.690.840.91-0.790.970.970.960.970.530.530.770.960.760.40.920.610.97-0.830.650.570.970.770.840.650.69-0.48
0.820.79-0.060.790.940.59-0.640.80.760.750.780.290.80.770.760.920.780.70.860.79-0.440.770.770.740.920.730.790.34-0.52
0.890.99-0.410.640.90.95-0.770.990.961.00.980.560.60.960.760.830.340.980.560.94-0.880.610.471.00.820.930.720.69-0.61
0.920.85-0.020.680.950.63-0.550.850.770.820.820.430.860.760.920.830.630.790.70.73-0.520.70.570.790.960.870.930.47-0.68
0.430.380.210.630.550.12-0.360.410.360.330.39-0.040.70.40.780.340.630.260.790.430.070.760.810.320.610.310.60.18-0.37
0.910.96-0.360.640.870.97-0.680.950.940.990.940.660.560.920.70.980.790.260.530.91-0.920.60.420.970.760.950.650.66-0.56
0.660.580.180.850.730.41-0.40.60.620.560.60.340.640.610.860.560.70.790.530.7-0.260.820.850.530.620.560.560.36-0.38
0.80.94-0.430.750.860.91-0.820.940.960.940.950.470.490.970.790.940.730.430.910.7-0.830.650.640.940.740.80.570.63-0.49
-0.72-0.840.58-0.43-0.68-0.970.67-0.82-0.85-0.89-0.84-0.6-0.23-0.83-0.44-0.88-0.520.07-0.92-0.26-0.83-0.33-0.18-0.89-0.53-0.8-0.36-0.550.38
0.740.610.240.920.70.48-0.30.610.690.60.60.530.650.650.770.610.70.760.60.820.65-0.330.880.570.570.650.560.39-0.3
0.520.490.10.90.610.33-0.420.520.610.460.520.210.480.570.770.470.570.810.420.850.64-0.180.880.450.50.40.410.27-0.25
0.860.99-0.460.60.870.96-0.80.980.951.00.980.520.570.970.741.00.790.320.970.530.94-0.890.570.450.810.90.70.69-0.58
0.830.85-0.220.560.930.65-0.70.860.740.810.830.250.830.770.920.820.960.610.760.620.74-0.530.570.50.810.790.910.4-0.66
0.970.91-0.110.660.890.85-0.490.90.870.930.880.740.680.840.730.930.870.310.950.560.8-0.80.650.40.90.790.770.64-0.61
0.760.760.010.450.790.49-0.490.760.640.710.720.280.890.650.790.720.930.60.650.560.57-0.360.560.410.70.910.770.57-0.77
0.50.71-0.210.350.440.61-0.460.710.680.690.710.440.350.690.340.690.470.180.660.360.63-0.550.390.270.690.40.640.57-0.68
-0.52-0.640.27-0.26-0.6-0.430.53-0.65-0.54-0.6-0.64-0.05-0.55-0.48-0.52-0.61-0.68-0.37-0.56-0.38-0.490.38-0.3-0.25-0.58-0.66-0.61-0.77-0.68
Click cells to compare fundamentals
Competition

Etsy Price Book Value Ratio

Price Book Value Ratio

(19.85)

At this time, Etsy's Price Book Value Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, the price to book indicator of Etsy Inc is roughly 0.0null. This indicator is about the same for the Internet & Direct Marketing Retail average (which is currently at 0.0) sector and about the same as Price to Book (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

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 2024
Price To Book Ratio(20.89)(19.85)

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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Etsy's public news can be used to forecast risks associated with an investment in Etsy. The trend in average sentiment can be used to explain how an investor holding Etsy can time the market purely based on public headlines and social activities around Etsy Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Etsy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Etsy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Etsy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Etsy.

Etsy Implied Volatility

    
  76.56  
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.

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.

Moving against Etsy Stock

  0.69DIBS 1StdibsCom Financial Report 8th of May 2024 PairCorr
  0.63HD Home Depot Financial Report 21st of May 2024 PairCorr
The ability to find closely correlated positions to Etsy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etsy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Etsy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Etsy Inc to buy it.
The correlation of Etsy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Etsy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etsy Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Etsy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Etsy Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Etsy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etsy Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Etsy Inc Stock:
Check out Etsy Piotroski F Score and Etsy Altman Z Score analysis.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Etsy Stock analysis

When running Etsy's 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 the 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.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
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.
Quarterly Earnings Growth
(0.18)
Earnings Share
2.24
Revenue Per Share
22.435
Quarterly Revenue Growth
0.043
Return On Assets
0.0883
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 if Etsy is a good investment 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.