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D-Market Electronic Services & Trading (HEPS)
NASDAQ:HEPS
US Market

D-Market (HEPS) Ratios

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D-Market Ratios

HEPS's free cash flow for Q3 2025 was ₺0.37. For the 2025 fiscal year, HEPS's free cash flow was decreased by ₺ and operating cash flow was ₺0.08. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.85 0.97 0.74 1.08 1.45
Quick Ratio
0.53 0.69 0.54 0.85 1.12
Cash Ratio
0.24 0.31 0.28 0.68 0.81
Solvency Ratio
>-0.01 0.02 0.09 -0.26 -0.53
Operating Cash Flow Ratio
0.13 <0.01 0.25 0.06 0.02
Short-Term Operating Cash Flow Coverage
3.84 0.01 27.36 19.94 0.28
Net Current Asset Value
₺ -6.14B₺ -1.97B₺ 346.41M₺ 368.55M₺ 2.01B
Leverage Ratios
Debt-to-Assets Ratio
0.08 0.09 0.03 0.03 0.05
Debt-to-Equity Ratio
3.22 0.67 0.14 0.14 0.14
Debt-to-Capital Ratio
0.76 0.40 0.12 0.12 0.13
Long-Term Debt-to-Capital Ratio
0.00 0.00 <0.01 <0.01 0.00
Financial Leverage Ratio
38.03 7.87 5.32 4.89 2.81
Debt Service Coverage Ratio
0.47 0.81 1.68 -1.96 -3.61
Interest Coverage Ratio
-0.10 <0.01 -0.53 -1.81 0.38
Debt to Market Cap
0.03 0.04 0.01 <0.01 0.04
Interest Debt Per Share
38.18 15.89 5.67 6.12 4.66
Net Debt to EBITDA
-0.93 -1.36 -1.92 1.47 1.68
Profitability Margins
Gross Profit Margin
37.33%37.49%20.38%21.73%24.46%
EBIT Margin
2.83%2.21%4.09%-26.32%-36.40%
EBITDA Margin
6.93%5.80%7.39%-21.07%-27.97%
Operating Profit Margin
-1.36%0.03%-2.04%-19.27%5.17%
Pretax Profit Margin
-4.38%-2.81%0.21%-18.05%-8.28%
Net Profit Margin
-4.38%-2.81%0.21%-18.09%-44.07%
Continuous Operations Profit Margin
-4.38%-2.81%0.21%-29.81%-44.06%
Net Income Per EBT
100.00%100.00%100.00%100.23%532.23%
EBT Per EBIT
322.57%-9463.45%-10.42%93.64%-160.11%
Return on Assets (ROA)
-9.54%-6.14%0.43%-28.87%-42.26%
Return on Equity (ROE)
-120.65%-48.32%2.29%-141.24%-118.80%
Return on Capital Employed (ROCE)
-41.94%0.37%34.17%-132.53%12.99%
Return on Invested Capital (ROIC)
-22.42%0.27%40.65%-118.58%59.35%
Return on Tangible Assets
-10.84%-6.95%0.48%-31.52%-43.38%
Earnings Yield
-7.98%-4.67%0.45%-72.56%-43.30%
Efficiency Ratios
Receivables Turnover
12.92 11.15 14.79 14.31 19.64
Payables Turnover
1.94 2.38 4.40 2.17 1.16
Inventory Turnover
4.67 5.94 7.14 7.03 3.48
Fixed Asset Turnover
24.01 26.77 33.29 20.69 25.51
Asset Turnover
2.18 2.18 2.02 1.60 0.96
Working Capital Turnover Ratio
-21.47 167.56 71.37 11.24 12.13
Cash Conversion Cycle
-82.08 -59.11 -7.11 -90.85 -190.33
Days of Sales Outstanding
28.25 32.73 24.69 25.50 18.58
Days of Inventory Outstanding
78.14 61.43 51.12 51.90 104.81
Days of Payables Outstanding
188.47 153.28 82.91 168.24 313.72
Operating Cycle
106.39 94.16 75.80 77.39 123.39
Cash Flow Ratios
Operating Cash Flow Per Share
11.91 0.06 15.45 1.32 0.29
Free Cash Flow Per Share
10.18 -0.13 11.90 -1.28 -0.41
CapEx Per Share
1.73 0.19 3.55 2.59 0.70
Free Cash Flow to Operating Cash Flow
0.85 -2.35 0.77 -0.97 -1.40
Dividend Paid and CapEx Coverage Ratio
6.87 0.30 4.35 0.51 0.42
Capital Expenditure Coverage Ratio
6.87 0.30 4.35 0.51 0.42
Operating Cash Flow Coverage Ratio
1.39 <0.01 10.85 1.50 0.22
Operating Cash Flow to Sales Ratio
0.05 <0.01 0.14 0.03 0.01
Free Cash Flow Yield
8.43%-0.12%22.78%-10.40%-1.63%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-12.52 -21.42 224.61 -1.38 -2.31
Price-to-Sales (P/S) Ratio
0.55 0.60 0.48 0.25 1.02
Price-to-Book (P/B) Ratio
45.41 10.35 5.14 1.95 2.74
Price-to-Free Cash Flow (P/FCF) Ratio
11.85 -800.86 4.39 -9.62 -61.39
Price-to-Operating Cash Flow Ratio
10.17 1.88K 3.38 9.34 85.97
Price-to-Earnings Growth (PEG) Ratio
0.26 <0.01 -2.19 0.07 >-0.01
Price-to-Fair Value
45.41 10.35 5.14 1.95 2.74
Enterprise Value Multiple
6.94 9.02 4.54 0.29 -1.96
Enterprise Value
34.40B 29.86B 11.93B -974.31M 4.15B
EV to EBITDA
6.94 9.02 4.54 0.29 -1.96
EV to Sales
0.48 0.52 0.34 -0.06 0.55
EV to Free Cash Flow
10.46 -695.66 3.09 2.34 -33.12
EV to Operating Cash Flow
8.94 1.64K 2.38 -2.27 46.38
Tangible Book Value Per Share
-9.52 0.82 1.93 3.72 8.53
Shareholders’ Equity Per Share
2.67 10.35 10.17 6.31 9.20
Tax and Other Ratios
Effective Tax Rate
0.00 0.00 0.00 >-0.01 -4.32
Revenue Per Share
221.23 177.73 109.47 49.29 24.80
Net Income Per Share
-9.68 -5.00 0.23 -8.92 -10.93
Tax Burden
1.00 1.00 1.00 1.00 5.32
Interest Burden
-1.55 -1.27 0.05 0.69 0.23
Research & Development to Revenue
<0.01 0.01 0.03 0.02 0.03
SG&A to Revenue
0.12 <0.01 0.11 0.11 0.11
Stock-Based Compensation to Revenue
<0.01 0.00 <0.01 0.02 0.04
Income Quality
-4.76 -0.37 66.45 -0.15 -0.14
Currency in TRY