D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Financial Ratios
8 years of historical data (2018–2025) · Consumer Cyclical · Specialty Retail
EV/EBITDA
↑
26.48
—
5yr avg: N/A
P/FCF
↓
18.80
↑+216% vs avg
5yr avg: 5.95
30Y Low0.4·High11.5
P/B Ratio
↑
20.40
↑+10196% vs avg
5yr avg: 0.20
30Y Low0.1·High0.4
ROE
↓
-232.0%
↑-92% vs avg
5yr avg: -120.9%
30Y Low-232%·High2%
Debt/EBITDA
↑
2.59
↑+50% vs avg
5yr avg: 1.72
30Y Low0.6·High9.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HEPS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
D-Market Elektronik Hizmetler ve Ticaret A.S. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 18.8x P/FCF, 216% above the 5-year average of 6.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $888M | $785M | $973M | $585M | $215M | $582M | — | — | — |
| Enterprise Value | $709M | $-7519068720 | $-3542805570 | $-6688173000 | $-7989986320 | $-5017909760 | — | — | — |
| P/E Ratio → | -6.71 | — | — | 7.83 | — | — | — | — | — |
| P/S Ratio | 0.45 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | — | — | — |
| P/B Ratio | 20.40 | 0.39 | 0.29 | 0.12 | 0.06 | 0.12 | — | — | — |
| P/FCF | 18.80 | 0.36 | — | 11.54 | — | — | — | — | — |
| P/OCF | 8.55 | 0.16 | 53.30 | 5.90 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
HEPS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
D-Market Elektronik Hizmetler ve Ticaret A.S.'s enterprise value stands at 26.5x EBITDA. The Consumer Cyclical sector median is 12.1x, placing the stock at a 119% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.08 | -0.06 | -0.19 | -0.21 | -0.20 | — | — | — |
| EV / EBITDA | 26.48 | -6.07 | -1.72 | -14.89 | — | — | — | — | — |
| EV / EBIT | — | — | -2.81 | -4.60 | — | — | — | — | — |
| EV / FCF | — | -3.44 | — | -132.03 | — | — | — | — | — |
HEPS Profitability
Margins and return-on-capital ratios measuring operating efficiency
D-Market Elektronik Hizmetler ve Ticaret A.S. earns an operating margin of -2.4%, below the Consumer Cyclical sector average of 2.0%. A negative ROE of -232.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.7% | 21.7% | 37.5% | 20.4% | 21.7% | 21.6% | 21.9% | 29.1% | 22.3% |
| Operating Margin | -2.4% | -2.4% | 0.0% | -2.0% | -19.3% | -27.3% | -5.5% | 3.9% | -2.6% |
| Net Profit Margin | -6.7% | -6.7% | -2.8% | 0.2% | -18.1% | -13.4% | -6.2% | -5.1% | -8.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | -232.0% | -232.0% | -39.7% | 1.9% | -169.2% | -165.5% | — | — | — |
| ROA | -19.6% | -19.6% | -6.2% | 0.4% | -46.2% | -43.4% | -64.1% | -16.5% | -25.1% |
| ROIC | — | — | — | — | — | — | — | — | — |
| ROCE | -54.3% | -54.3% | 0.3% | -15.3% | -164.1% | -302.7% | — | — | — |
HEPS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
D-Market Elektronik Hizmetler ve Ticaret A.S. carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (46% below the sector average of 4.8x). The company holds a net cash position — cash of $11.5B exceeds total debt of $3.2B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.59 | 1.59 | 0.67 | 0.14 | 0.14 | 0.14 | — | — | — |
| Debt / EBITDA | 2.59 | 2.59 | 1.08 | 1.49 | — | — | — | 0.62 | 9.56 |
| Net Debt / Equity | — | -4.13 | -1.36 | -1.53 | -2.44 | -1.16 | — | — | — |
| Net Debt / EBITDA | -6.70 | -6.70 | -2.19 | -16.19 | — | — | — | -1.07 | 4.46 |
| Debt / FCF | — | -3.80 | — | -143.57 | — | — | -5.10 | -0.58 | 1.00 |
| Interest Coverage | -0.17 | -0.17 | 0.44 | 1.05 | -7.55 | -4.75 | -1.98 | -1.55 | -2.43 |
Net cash position: cash ($11.5B) exceeds total debt ($3.2B)
HEPS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.89x is below 1.0, meaning current liabilities exceed current assets — though the company's $11.5B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 1.07x to 0.89x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.89 | 0.89 | 0.97 | 1.07 | 1.08 | 1.44 | 0.64 | 0.65 | 0.47 |
| Quick Ratio | 0.63 | 0.63 | 0.69 | 0.78 | 0.85 | 1.09 | 0.35 | 0.34 | 0.24 |
| Cash Ratio | 0.41 | 0.41 | 0.42 | 0.53 | 0.68 | 0.99 | 0.22 | 0.23 | 0.15 |
| Asset Turnover | — | 2.49 | 2.18 | 1.40 | 2.30 | 1.85 | 7.72 | 2.72 | 3.05 |
| Inventory Turnover | 8.24 | 8.24 | 5.94 | 4.95 | 10.15 | 6.76 | 15.39 | 5.04 | 7.50 |
| Days Sales Outstanding | — | 24.78 | 32.73 | 40.70 | 16.08 | 8.66 | 5.17 | 15.92 | 10.70 |
HEPS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
D-Market Elektronik Hizmetler ve Ticaret A.S. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 12.8% | — | — | — | — | — |
| FCF Yield | 5.3% | 278.4% | — | 8.7% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.3% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.3% | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $317M | $321M | $325M | $326M | $305M | $326M | $326M | $326M |
Peer Comparison
Compare HEPS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 HEPSYou | $888M | -6.7 | 26.5 | 18.8 | 21.7% | -2.4% | -232.0% | — | 2.6 |
 MELI | $81B | 40.4 | 23.4 | 7.5 | 44.5% | 11.1% | 36.0% | 20.8% | 3.0 |
 SE | $51B | 32.9 | 25.6 | 11.3 | 44.7% | 8.1% | 14.9% | 14.1% | 1.8 |
 GLBE | $6B | 83.9 | 57.5 | 19.8 | 45.3% | 7.4% | 7.5% | 7.8% | 0.3 |
 CPNG | $30B | 152.9 | 41.7 | 57.8 | 29.4% | 1.4% | 4.8% | 14.5% | 6.8 |
 AMZN | $2.6T | 33.3 | 18.1 | 333.4 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 EBAY | $50B | 25.0 | 21.4 | 29.9 | 71.5% | 20.5% | 41.6% | 16.8% | 2.9 |
 ETSY | $7B | 50.0 | 12.6 | 10.3 | 71.6% | 12.8% | — | — | 1.6 |
 BABA | $263B | 17.3 | 17.5 | — | 39.8% | 5.8% | 9.4% | 3.8% | 2.4 |
 PYPL | $37B | 7.7 | 5.5 | 6.6 | 46.6% | 18.3% | 25.7% | 15.0% | 1.4 |
 SHOP | $140B | 115.1 | 92.8 | 70.0 | 48.1% | 12.7% | 9.8% | 9.4% | 0.1 |
| Consumer Cyclical Median | — | 21.4 | 12.1 | 15.4 | 36.2% | 2.0% | 5.2% | 5.1% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 8 years · Updated daily
What if you invested $1,000 in HEPS 10 years ago?
Total return calculator · dividends reinvested
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Dollar cost averaging vs lump sum · see how regular investing compounds over time
Run the NumbersIs HEPS Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
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Compare NowHEPS — Frequently Asked Questions
Quick answers to the most common questions about buying HEPS stock.
What is D-Market Elektronik Hizmetler ve Ticaret A.S.'s P/E ratio?
D-Market Elektronik Hizmetler ve Ticaret A.S.'s current P/E ratio is -6.7x. The historical average is 7.8x.
What is D-Market Elektronik Hizmetler ve Ticaret A.S.'s EV/EBITDA?
D-Market Elektronik Hizmetler ve Ticaret A.S.'s current EV/EBITDA is 26.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
What is D-Market Elektronik Hizmetler ve Ticaret A.S.'s ROE?
D-Market Elektronik Hizmetler ve Ticaret A.S.'s return on equity (ROE) is -232.0%. The historical average is -120.9%.
Is HEPS stock overvalued?
Based on historical data, D-Market Elektronik Hizmetler ve Ticaret A.S. is trading at a P/E of -6.7x. Compare with industry peers and growth rates for a complete picture.
What are D-Market Elektronik Hizmetler ve Ticaret A.S.'s profit margins?
D-Market Elektronik Hizmetler ve Ticaret A.S. has 21.7% gross margin and -2.4% operating margin.
How much debt does D-Market Elektronik Hizmetler ve Ticaret A.S. have?
D-Market Elektronik Hizmetler ve Ticaret A.S.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.