COMP <GO>
Z vs ETSY // EV/EBITDA & P/E VALUATION
Zillow Group Inc. (NASDAQ) VS. Etsy Inc. (NYSE) • 15-METRIC TALLY: Z 4
— ETSY 7
■ METRIC PARITY
LAST: $30.96 (-0.10%) • MKT CAP: $6.97B
valuation
—
LAST: $88.96 (-2.87%) • MKT CAP: $7.90B
valuation
29.3x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (Z VS. ETSY)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | Z | ETSY | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 74.10% | 71.60% | +2.50 | Z | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -0.60% | 33.30% | -33.90 | ETSY | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 29.3x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 3.37% | 8.59% | -5.22 | ETSY | /fcf-yield <GO> |
| Operating Margin | -1.30% | 9.20% | -10.50 | ETSY | /operating-margins <GO> |
| Net Profit Margin | 0.90% | 5.70% | -4.80 | ETSY | /net-margins <GO> |
| Revenue Growth (YoY) | 15.50% | 2.70% | +12.80 | Z | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 5.50 | 1.60 | +3.90 | Z | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 7/9 | +2.00 | Z | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 50.9 | 64.0 | -13.10 | ETSY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.88 | 1.11 | -0.23 | ETSY | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 45.0x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $6.97B | $7.90B | -$926.7M | ETSY | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | Z REV | ETSY REV | Z GROSS % | ETSY GROSS % | Z FCF | ETSY FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.58B | $2.88B | 74.1% | 71.6% | $235.0M | $678.0M |
| FY 2024 | $2.24B | $2.81B | 76.4% | 72.4% | $285.0M | $738.3M |
| FY 2023 | $1.95B | $2.75B | — | — | $266.5M | $581.8M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
Z // BETA 0.88
ETSY // BETA 1.11