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ETSY INC (ETSY)

Services-Business Services, NEC

Latest Price
$74.46
TTM P/E
39.82
Normalized P/E
151.34
Div Yield
--
Book Value
4.57
P/B Ratio
16.29

Valuation metrics

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Norm. op. income: $280M (median of 7yr)
Tax rate: 26%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$4.94
93% downside
Base FCF: $678M (median of recent 5yr)
Growth: 4%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$94.39
+27% upside
EPS: $1.39
Target P/E: 40×
Formula: EPS × P/E
P/E Fair Value
$55.60
25% downside

Institutional Ownership

100.0% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.12.62M$950.0M13.66%-571.6K2026-06-30
RENAISSANCE TECHNOLOGIES LLC5.99M$451.0M6.49%+28.2K2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC5.56M$418.0M6.02%+56.4K2026-06-30
Elliott Investment Management L.P.5.00M$376.0M5.41%--2026-06-30
GOLDMAN SACHS GROUP INC4.29M$322.0M4.64%+119.5K2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC4.12M$310.0M4.47%-59.1K2026-06-30
JANE STREET GROUP, LLC3.92M$295.0M4.25%-528.7K2026-06-30
CITADEL ADVISORS LLC3.48M$262.0M3.77%+1.21M2026-06-30
STATE STREET CORP3.22M$242.0M3.48%-54.6K2026-06-30
AQR CAPITAL MANAGEMENT LLC2.79M$210.0M3.02%+164.6K2026-06-30
View all institutional holders →