D-Market Electronic Services & Trading (HEPS)

NASDAQ:HEPS

HEPS

D-Market

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D-Market (HEPS) Price & Analysis

253 Followers

HEPS Stock Chart & Stats

$2.67

-$0.08(-2.74%)

At close: Feb 03 4:00 PM EST

$2.67

-$0.08(-2.74%)

Day’s Range― - ―

52-Week Range$2.15 - $3.33

Previous CloseN/A

Volume165.20K

Average Volume (3M)232.37K

Market Cap

$989.51M

Enterprise Value$35.66B

Total Cash (Recent Filing)$9.84B

Total Debt (Recent Filing)$2.27B

Price to Earnings (P/E)―

Beta0.54

Next Earnings

Aug 20, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-19.35

Shares Outstanding357,225,200

10 Day Avg. Volume274,693

30 Day Avg. Volume232,371

Financial Highlights & Ratios

PEG Ratio-0.02

Price to Book (P/B)16.77

Price to Sales (P/S)0.40

P/FCF Ratio15.42

Enterprise Value/Market Cap36.03

Enterprise Value/Revenue0.40

Enterprise Value/Gross Profit1.09

Enterprise Value/Ebitda16.54

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)-19.85

Revenue Forecast (FY)$123.41B

Bulls Say, Bears Say

Bulls Say

Top-line Growth & GMV ExpansionSustained double-digit GMV and revenue expansion with rising orders and active customers reflects durable user and merchant adoption of the platform. Scale and volume growth strengthen network effects, increase monetizable transactions, and create a structural revenue base for long-term margin improvement.

Improving Profitability TrendsRecovering gross margins and expanding EBITDA margin indicate improving unit economics from pricing, product mix, and logistics efficiency. If sustained, these operational improvements reduce the dependency on top-line growth alone and create a clearer path to durable operating profitability over the medium term.

Diversified Commerce Ecosystem & Cash GenerationA multi-sided model (marketplace, 1P retail, logistics, advertising, payments) plus intermittent positive free cash flow provides multiple monetization levers and resilience. Continued cash generation, even if variable, gives management optionality to reinvest and fund operations without sole reliance on equity.

Bears Say

Persistent Net LossesLarge and recurring net losses, driven by stepped-up investments, erode retained earnings and delay equity rebuilding. Continued negative net income limits internal funding, raises the bar for sustained operational improvement, and keeps solvency dependent on consistent cash flow turnarounds or external financing.

Elevated Financial LeverageMaterially higher leverage and a shrinking equity cushion increase financial risk and reduce flexibility to absorb shocks. In a volatile macro or hyperinflationary environment, elevated debt amplifies refinancing and interest burden risks, constraining the company's ability to fund growth without improving profitability.

Volatile Free Cash FlowInconsistent and recently negative free cash flow weakens the firm's capacity to self-fund investments and deleverage. Volatility in cash conversion raises refinancing and liquidity risks, making long-term strategic investments more expensive and increasing dependence on external capital if losses persist.

D-Market News

Hepsiburada Grows Q1 2026 Sales and Orders but Net Loss Widens on Growth Investments

An announcement from D-Market ( ($HEPS) ) is now available. On May 7, 2026, Hepsiburada reported unaudited first-quarter...

1M ago

HEPS

Hepsiburada Files 2025 Annual Report With SEC

D-Market ( ($HEPS) ) has shared an announcement. Hepsiburada, the e-commerce brand of Istanbul-based D-MARKET Electronic Services &...

1M ago

HEPS

D-Market’s Hepsiburada Sets May 7 Date for Q1 2026 Results

An update from D-Market ( ($HEPS) ) is now available. Hepsiburada, the Turkish e-commerce platform operated by D-Market...

2M ago

HEPS

Hepsiburada Posts Strong 2025 Growth but Wider Losses Amid Heavy Investment and Hyperinflation Adjustments

D-Market ( ($HEPS) ) just unveiled an announcement. On February 26, 2026, Hepsiburada reported unaudited financial results for...

3M ago

HEPS

D Market Elektronik reports Q4 revenue TRY 27.97B vs. TRY 23.75B last year

Gross merchandise value, or GMV, increased by 10.5% to TRY 85.3B vs. TRY 77.2B last year. CEO Nilhan...

3M ago

HEPS

D-Market’s Hepsiburada Sets February 26 Release for Q4 and Full-Year 2025 Results

D-Market ( ($HEPS) ) just unveiled an update. D-MARKET Electronic Services & Trading, known as Hepsiburada, is a...

4M ago

HEPS

Hepsiburada Reshapes Leadership as Key Executive and Board Representative Exit

D-Market ( ($HEPS) ) has provided an announcement. On January 30, 2026, Hepsiburada reported senior leadership and boardroom...

4M ago

HEPS

Hepsiburada Completes Fully Paid TRY 4.17 Billion Capital Increase

D-Market ( ($HEPS) ) has shared an update. On December 29, 2025, Hepsiburada announced it had completed a...

5M ago

HEPS

Hepsiburada Plans Internal CEO Succession in 2026 After Period of Financial Strengthening

An announcement from D-Market ( ($HEPS) ) is now available. On December 29, 2025, Hepsiburada announced that it...

5M ago

HEPS

Hepsiburada Announces Key Changes Following Extraordinary General Assembly

D-Market ( ($HEPS) ) just unveiled an announcement. On November 21, 2025, Hepsiburada announced the results of its...

7M ago

HEPS

D Market Elektronik downgraded to Neutral from Overweight at JPMorgan

JPMorgan downgraded D Market Elektronik (HEPS) to Neutral from Overweight with a price target of $3.07, down from...

7M ago

HEPS

Hepsiburada Reports Q3 2025 Financial Results

D-Market Electronic Services & Trading ( ($HEPS) ) has released its Q3 earnings. Here is a breakdown of...

7M ago

HEPS

Hepsiburada reports Q3 revenue TRY 19.9B vs. TRY 16.3B last year

Gross merchandise value increased by 8.9% to TRY 61.4 billion compared to TRY 56.4 billion in Q3 2024....

7M ago

HEPS

Hepsiburada reports Q2 revenue TRY 16.74B vs. TRY 13.66B last year

Gross merchandise value increased by 11.9% to TRY 51.1B compared to TRY 45.6B in Q2 2024. Commenting on...

10M ago

HEPS

HEPS FAQ

What was D-Market Electronic Services & Trading’s price range in the past 12 months?

D-Market Electronic Services & Trading lowest stock price was $2.15 and its highest was $3.33 in the past 12 months.

What is D-Market Electronic Services & Trading’s market cap?

D-Market Electronic Services & Trading’s market cap is $989.51M.

When is D-Market Electronic Services & Trading’s upcoming earnings report date?

D-Market Electronic Services & Trading’s upcoming earnings report date is Aug 20, 2026 which is in 71 days.

How were D-Market Electronic Services & Trading’s earnings last quarter?

D-Market Electronic Services & Trading released its earnings results on May 07, 2026. The company reported -$0.064 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.064.

Is D-Market Electronic Services & Trading overvalued?

According to Wall Street analysts D-Market Electronic Services & Trading’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does D-Market Electronic Services & Trading pay dividends?

D-Market Electronic Services & Trading does not currently pay dividends.

What is D-Market Electronic Services & Trading’s EPS estimate?

D-Market Electronic Services & Trading’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does D-Market Electronic Services & Trading have?

D-Market Electronic Services & Trading has 357,225,200 shares outstanding.

What happened to D-Market Electronic Services & Trading’s price movement after its last earnings report?

D-Market Electronic Services & Trading reported an EPS of -$0.064 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 1.075%.

Which hedge fund is a major shareholder of D-Market Electronic Services & Trading?

Currently, no hedge funds are holding shares in HEPS

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

D-Market Stock Smart Score

Neutral

Fundamentals

Return on Equity

-359.30%

Trailing 12-Months

Asset Growth

4.81%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

D-Market Electronic Services & Trading

D-Market Elektronik Hizmetler ve Ticaret A.S., founded in 2000 and headquartered in Istanbul, Turkey, is a prominent enterprise focused on managing a diverse portfolio of e-commerce platforms throughout Turkey. The company's flagship online retail destination, www.hepsiburada.com, offers an extensive selection of products to its customers. This includes a wide array of electronic devices alongside various non-electronic merchandise such as books, sporting goods, toys, baby and children's essentials, cosmetics, and home furniture. Complementing its core retail operations, D-Market has developed a comprehensive suite of specialized services. These encompass HepsiExpress, an in-app on-demand delivery platform for items like groceries, beverages, and flowers; HepsiJet, which handles final-mile parcel deliveries; HepsiLojistik, providing warehousing and order fulfillment solutions; HepsiMat, a network of designated points for package collection and drop-off; HepsiAd, offering advertising services and leveraging data analytics for insights; HepsiGlobal, enabling consumers to explore and purchase goods from international sellers; Hepsipay, a digital payment and e-money service; and HepsiFly, facilitating online airline ticket bookings.