COMP <GO>
ETSY vs ZG // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Etsy Inc. (NYSE) VS. Zillow Group Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: ETSY 6
— ZG 4
■ METRIC PARITY
LAST: $92.45 (+3.92%) • MKT CAP: $7.67B
options-implied-move
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LAST: $32.90 (+3.17%) • MKT CAP: $7.17B
options-implied-move
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ETSY VS. ZG)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ETSY | ZG | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 71.60% | 74.10% | -2.50 | ZG | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 33.30% | -0.70% | +34.00 | ETSY | /roic <GO> |
| EV/EBITDA & P/E Valuation | 29.3x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.59% | 3.26% | +5.33 | ETSY | /fcf-yield <GO> |
| Operating Margin | 9.20% | -1.30% | +10.50 | ETSY | /operating-margins <GO> |
| Net Profit Margin | 5.70% | 0.90% | +4.80 | ETSY | /net-margins <GO> |
| Revenue Growth (YoY) | 2.70% | 15.50% | -12.80 | ZG | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.60 | 5.69 | -4.09 | ZG | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | ZG | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 58.2 | 50.8 | +7.40 | ETSY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.11 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 45.0x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.67B | $7.17B | $497.6M | ETSY | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ETSY REV | ZG REV | ETSY GROSS % | ZG GROSS % | ETSY FCF | ZG FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.88B | $2.58B | 71.6% | 74.1% | $678.0M | $235.0M |
| FY 2024 | $2.81B | $2.24B | 72.4% | 76.4% | $738.3M | $285.0M |
| FY 2023 | $2.75B | $1.95B | — | — | $581.8M | $354.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ETSY // BETA 1.11
ZG // BETA —