Martins, Francisco Antunes da CunhaZeller, Rita De Sousa Pinto Van2022-08-052022-08-052022-01-142022-01-03http://hdl.handle.net/10362/142865The purpose of this report is to perform a valuation for an e-commerce company named Etsy, which is an online marketplace that has as focus vintage and handmade items. The e-commerce industry is one that is growing exponentially over the past years, main lydue to internet revolution and the unprecedented usage of mobile devices that have led to a worldwide increase in online buyers. Although the company has a small position considering the whole market, its significant growth is noticed for future prospects. As a result, the company’s valuation leads to a BUY recommendation of its stock.engValuationFinancemaster thesis203020960