Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
HEPS
SellSinkerD-Market Elektronik Hizmetler ve Ticaret A.S. · Consumer Cyclical · Turkey · $947M · Avg Vol: $553K/d
COMPANY DESCRIPTION
D-Market Elektronik Hizmetler ve Ticaret A.S. operates Hepsiburada, a leading e-commerce platform in Turkey offering a vast product assortment, integrated logistics through HepsiJet, and digital payment solutions via HepsiPay. The company's competitive advantage stems from its strong brand recognition, comprehensive ecosystem, and market-leading position within the rapidly growing Turkish e-commerce sector. Hepsiburada is a vertically integrated online retail giant providing a seamless shopping experience for Turkish consumers.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.8B | 786.0M | 1.4B | 1.5B | 1.7B | -48.5% | 1.8B | 2.4B | 3.1B | 33.2% |
| EPS | -1.92 | -0.08 | 0.00 | -0.10 | -0.37 | — | -0.41 | -0.32 | -0.20 | — |
| Shares | 326.0M | 326.0M | 326.0M | 326.0M | 357.2M | +9.6% | 317.2M | — | — | — |
| Debt | 664.4M | 9.7M | 13.7M | 72.0M | 49.9M | -47.7% | 51.0M | — | — | — |
| Equity | 4.8B | 69.2M | 98.0M | 89.4M | 41.4M | -69.6% | — | — | — | — |
| Op CF | -47.4M | 21.0M | 195.0M | 153.3M | 232.0M | 122.8% | 237.3M | — | — | — |
| Inv CF | -3.1B | 53.6M | -65.2M | 24.1M | 52.7M | — | — | — | — | — |
| Fin CF | 10.8B | -72.1M | -129.4M | -157.9M | -190.0M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of HEPS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| HEPS | D-Market Elektronik Hizmetler ve Ticaret A.S.(you) | $947M | 31 | Sell |
| ARCLK.IS | Arçelik Anonim Sirketi | $1.3B | 36 | Hold |
| TABGD.IS | Tab Gida Sanayi ve Ticaret A.S. | $1.3B | 47 | Hold |
| IEYHO.IS | Isiklar Enerji ve Yapi Holding A.S. | $2.5B | 34 | Sell |
| TKNKA.IS | Teknika Plast Teknik Kalip Plastik Sanayi Ve Ticaret Anonim Sirketi | $443M | 23 | Sell |
| BFREN.IS | Bosch Fren Sistemleri Sanayi ve Ticaret A.S. | $325M | 34 | Sell |
| DOFRB.IS | Dof Robotik Sanayi Anonim Sirketi | $358M | 37 | Hold |
| NTHOL.IS | Net Holding A.S. | $387M | 40 | Hold |
| EGEEN.IS | Ege Endüstri ve Ticaret A.S. | $391M | 22 | Sell |
| SUNTK.IS | Sun Tekstil Sanayi ve Ticaret A.S. | $317M | 24 | Sell |
Peer medians: ROE -0.1% · P/E 21.5x · Gross margin 19.6%