| Indicators | Browse All

D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS)

Consumer Cyclical | Internet Retail | Istanbul, Turkey | NasdaqGS
2.65 USD +0.01 (0.379%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.65

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:18 a.m. EDT

The investment case here is severely compromised by deteriorating fundamentals and a lack of shareholder returns. The company is currently losing money, with negative earnings per share and a return on equity that is deeply negative, indicating capital destruction. While revenue growth remains robust at 36%, the bottom line is not keeping pace, and the balance sheet shows a current ratio below 1.0, suggesting liquidity stress. Furthermore, there is no dividend history whatsoever, offering no income buffer for investors. Technically, the stock is struggling to maintain momentum, trading below its 50-day average despite being near its 200-day level, reflecting a recent period of consolidation and weakness. The options market confirms this pessimism, with traders buying protection rather than betting on upside moves. While the forward P/E appears attractive due to the low denominator, this is a misleading metric for a company with negative trailing earnings; it masks the reality of the operational losses. The dual-CEO transition mentioned in recent news adds uncertainty to the strategic narrative. Until profitability is restored and the balance sheet strengthens, this remains a speculative hold with significant downside risk.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.035228
AutoETS0.037301
AutoARIMA0.037333
AutoTheta0.039567

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 37%
H-stat 0.52
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 1.04
Attribute Value
Sector Consumer Cyclical
Market Cap 946,646,848
Forward P/E 0.61
Beta 2.15
Profit Margins -8.00%
Previous Name D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi
Website https://www.hepsiburada.com

As of Aug. 22, 2026, 2:18 a.m. EDT: Speculators are overwhelmingly positioned for downside protection, with open interest concentrated entirely in out-of-the-money puts and virtually zero activity in calls beyond the immediate ATM strike. This heavy put skew suggests a consensus expectation of further weakness rather than a rally.


Info Dump

Attribute Value
52 Week Change -0.014869869
Address1 Kustepe Mahallesi MecidiyekOey Yolu
Address2 No: 12 Floor: 2 Trump Towers Tower 2 Sisli
All Time High 15.23
All Time Low 0.592
Ask 3.36
Ask Size 2
Average Analyst Rating 2.3 - Buy
Average Daily Volume10 Day 154,030
Average Daily Volume3 Month 207,100
Average Volume 207,100
Average Volume10Days 154,030
Beta 2.145
Bid 2.53
Bid Size 200
Book Value 2.668
City Istanbul
Country Turkey
Crypto Tradeable 0
Currency USD
Current Price 2.65
Current Ratio 0.767
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.7
Day Low 2.61
Display Name D-Market Elektronik Hizmetler ve Ticaret A.S
Earnings Call Timestamp End 1,746,018,000
Earnings Call Timestamp Start 1,746,018,000
Earnings Timestamp 1,786,046,400
Earnings Timestamp End 1,794,427,200
Earnings Timestamp Start 1,794,427,200
Ebitda -1,851,150,976
Ebitda Margins -0.020580001
Eps Current Year -15.3549
Eps Forward 4.31
Eps Trailing Twelve Months -0.41
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.8415
Fifty Day Average Change -0.19149995
Fifty Day Average Change Percent -0.067393966
Fifty Two Week Change Percent -1.4869869
Fifty Two Week High 3.33
Fifty Two Week High Change -0.6799998
Fifty Two Week High Change Percent -0.20420416
Fifty Two Week Low 2.15
Fifty Two Week Low Change 0.5
Fifty Two Week Low Change Percent 0.23255813
Fifty Two Week Range 2.15 - 3.33
Financial Currency TRY
First Trade Date Milliseconds 1,625,146,200,000
Float Shares 29,007,120
Forward Eps 4.31
Forward P E 0.6148492
Free Cashflow 1,223,393,920
Full Exchange Name NasdaqGS
Full Time Employees 3,611
Fullday Change 0.00999999
Fullday Change Percent 0.378787
Fullday Price 2.65
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.25322
Has Pre Post Market Data 1
Held Percent Insiders 0.86741996
Held Percent Institutions 0.08505999
Implied Shares Outstanding 357,225,200
Industry Internet Retail
Industry Disp Internet Retail
Industry Key internet-retail
Ipo Expected Date 2,021-07-01
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates a retail website that provides electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc. It also operates HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; and Hepsipay and Hepsifinans, which offers e-wallet, e-money, payment facilitation services, and consumer lending. The company was incorporated in 2000 and is headquartered in Istanbul, Turkey. D-Market Elektronik Hizmetler ve Ticaret A.S. is a subsidiary of Joint Stock Company Kaspi.kz.
Long Name D-Market Elektronik Hizmetler ve Ticaret A.S.
Market us_market
Market Cap 946,646,848
Market State CLOSED
Max Age 86,400
Message Board Id finmb_285799345
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 943,074,528
Number Of Analyst Opinions 3
Open 2.7
Operating Margins 0.0
Payout Ratio 0.0
Phone 90 212 304 20 00
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.65
Post Market Time 1,787,947,805
Prev Name D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi
Previous Close 2.64
Price Eps Current Year -0.17258334
Price Hint 4
Price To Book 0.9932534
Profit Margins -0.080010004
Quick Ratio 0.449
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.33333
Region US
Regular Market Change 0.00999999
Regular Market Change Percent 0.378787
Regular Market Day High 2.7
Regular Market Day Low 2.61
Regular Market Day Range 2.61 - 2.7
Regular Market Open 2.7
Regular Market Previous Close 2.64
Regular Market Price 2.65
Regular Market Time 1,787,947,201
Regular Market Volume 78,870
Return On Assets -0.04566
Return On Equity -6.3649297
Revenue Growth 0.362
Sand P52 Week Change 0.20204377
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Shares Outstanding 317,225,200
Shares Percent Shares Out 0.0023999999
Shares Short 859,671
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 1,088,464
Short Name D-Market Electronic Services &
Short Percent Of Float 0.0767
Short Ratio 6.19
Source Interval 15
Symbol HEPS
Target High Price 3.8879535
Target Low Price 2.9156125
Target Mean Price 3.2657404
Target Median Price 2.9936554
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.41
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.703875
Two Hundred Day Average Change -0.05387497
Two Hundred Day Average Change Percent -0.019925095
Type Disp Equity
Volume 78,870
Website https://www.hepsiburada.com
Zip 34,387