D-Market Electronic Services & Trading/$HEPS

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About D-Market Electronic Services & Trading

D-MARKET Electronic Services & Trading offers an e-commerce platform in Turkey and the surrounding region. The company is comprised of one reportable segment, namely e-commerce operations. The Group derives revenue from the sales of goods, marketplace revenues and other revenues.

Ticker

$HEPS
Primary listing

Employees

3,743

Headquarters

Istanbul, Turkey

HEPS Metrics

BasicAdvanced
$916M
-
-$0.15
2.34
-

What the Analysts think about HEPS

Analyst ratings (Buy, Hold, Sell) for D-Market Electronic Services & Trading stock.

Bulls say / Bears say

Q2 revenue surged 22.6% year-over-year to TRY 16,743.8 million, reflecting strong recovery in consumer demand and effective pricing strategies (Reuters)
EBITDA rose 41.6% to TRY 739.5 million in Q2, indicating significant improvements in operational efficiency and cost management (Reuters)
The stock’s median 12-month price target of $3.80 implies approximately 33.9% upside from current levels, signaling positive analyst sentiment on the company’s growth prospects (Reuters)
Q2 net loss widened 39.4% year-over-year to TRY 723.8 million, underscoring the company’s continued struggle to return to profitability despite top-line growth (Reuters)
Gross merchandise value (GMV) growth was a modest 11.9% in Q2, lagging behind revenue expansion and suggesting that revenue gains were driven more by price or mix than by a recovery in underlying customer demand (Reuters)
Persistently high inflation in Turkey (38.1% annual rate) continues to pressure operating costs and consumer spending, potentially constraining future margins and volume growth (FT)
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2025.

HEPS Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

HEPS Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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