Etsy, Inc. (3E2.BE)

Etsy, Inc. (3E2.BE) — VMCI valuation read

Composite valuation read on 3E2.BE: VMCI 53/100 against a Consumer Cyclical sector median of 50. The 3-point above-median print is the headline number for Etsy, Inc., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for 3E2.BE: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on 3E2.BE: 3E2.BE trades at 17.0x earnings, 6% below the Consumer Cyclical median of 18.0x; ROIC of 13.0% sits 3.0pp above the Consumer Cyclical median (10.0%); net debt to EBITDA of -1.0x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Consumer Cyclical closes the value frame.

3E2.BE rose 2.3% over the trailing 7 days, with a +2.1% read on a 30-day basis.