D-MARKET Electronic Services & Trading ADR (HEPS) Stock Price

D-MARKET Electronic Services & Trading ADR Price

NYSE·CLOSED
2.64USD-0.0100 (-0.38 %)
Market closed

Over the last 7 years D-MARKET Electronic Services & Trading ADR grew revenue by 69.6% annually, reaching 1.53 B USD. For D-MARKET Electronic Services & Trading ADR, the net margin of -7.8% is up versus -14.0% a few years ago. The stock trades about 21% above its 52-week low.

D-MARKET Electronic Services & Trading ADR stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of D-MARKET Electronic Services & Trading ADR over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how D-MARKET Electronic Services & Trading ADR stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing D-MARKET Electronic Services & Trading ADR's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

D-MARKET Electronic Services & Trading ADR Stock Price History
DateD-MARKET Electronic Services & Trading ADR Price
9/10/20262.64 USD
9/9/20262.65 USD
9/8/20262.64 USD
9/4/20262.67 USD
9/3/20262.68 USD
9/2/20262.68 USD
9/1/20262.62 USD
8/31/20262.66 USD
8/28/20262.62 USD
8/27/20262.64 USD
8/26/20262.57 USD
8/25/20262.70 USD
8/24/20262.77 USD
8/21/20262.71 USD
8/20/20262.67 USD
8/19/20262.53 USD
8/18/20262.60 USD
8/14/20262.79 USD
8/13/20262.82 USD
8/12/20262.87 USD
8/10/20262.77 USD
8/7/20262.77 USD
8/6/20262.92 USD
8/5/20262.86 USD
8/4/20262.93 USD
8/3/20262.94 USD
7/31/20262.95 USD
7/30/20262.92 USD
7/29/20262.96 USD
7/27/20262.85 USD
Access this data via the Eulerpool API

D-MARKET Electronic Services & Trading ADR Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
497.13 M USD
-141.70 M USD
-69.63 M USD
Jan 1, 2022
763.58 M USD
-154.35 M USD
-144.63 M USD
Jan 1, 2023
714.29 M USD
22.93 M USD
1.58 M USD
Jan 1, 2024
1.04 B USD
354,603.32 USD
-33.56 M USD
Jan 1, 2025
1.53 B USD
-18.85 M USD
-119.17 M USD
Jan 1, 2026 (e)
2.18 B USD
-71.81 M USD
-127.87 M USD
Jan 1, 2027 (e)
2.87 B USD
-47.14 M USD
-103.58 M USD
Jan 1, 2028 (e)
3.67 B USD
11.70 M USD
-45.68 M USD

D-MARKET Electronic Services & Trading ADR Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 12, 2026, 4:39 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
201820192020202120222023202420252026e2027e2028e
0.040.050.320.520.800.741.191.772.182.873.67
35.00487.0463.4154.25-7.0160.4348.4923.1131.6228.07
22.5027.7821.7721.4321.6520.3237.5036.2136.2136.2136.21
0.010.020.070.110.170.150.450.640.791.041.33
-1.002.00-12.00-141.00-154.0022.00-18.00-71.00-47.0011.00
-2.503.70-3.79-27.22-19.272.96-1.02-3.26-1.640.30
-3.00-2.00-19.00-69.00-144.001.00-33.00-119.00-127.00-103.00-45.00
-33.33850.00263.16108.70-100.69-3,400.00260.616.72-18.90-56.31
308.19308.19278.80323.94325.06326.84326.00308.19308.19308.19308.19
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales D-MARKET Electronic Services & Trading ADR generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue D-MARKET Electronic Services & Trading ADR retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare D-MARKET Electronic Services & Trading ADR's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares D-MARKET Electronic Services & Trading ADR has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against D-MARKET Electronic Services & Trading ADR's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

D-MARKET Electronic Services & Trading ADR stock margins

The D-MARKET Electronic Services & Trading ADR margin analysis displays the gross margin, EBIT margin, as well as the profit margin of D-MARKET Electronic Services & Trading ADR. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for D-MARKET Electronic Services & Trading ADR.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
22.52 %
-28.50 %
-14.01 %
Jan 1, 2022
22.75 %
-20.21 %
-18.94 %
Jan 1, 2023
21.21 %
3.21 %
0.22 %
Jan 1, 2024
42.97 %
0.03 %
-3.22 %
Jan 1, 2025
41.85 %
-1.23 %
-7.78 %
Jan 1, 2026 (e)
41.85 %
-3.29 %
-5.87 %
Jan 1, 2027 (e)
41.85 %
-1.64 %
-3.61 %
Jan 1, 2028 (e)
41.85 %
0.32 %
-1.24 %

D-MARKET Electronic Services & Trading ADR Stock Revenue, EBIT, Earnings per Share

The D-MARKET Electronic Services & Trading ADR earnings per share therefore indicates how much revenue D-MARKET Electronic Services & Trading ADR has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
1.53 USD
-0.44 USD
-0.21 USD
Jan 1, 2022
2.35 USD
-0.47 USD
-0.44 USD
Jan 1, 2023
2.19 USD
0.07 USD
0.00 USD
Jan 1, 2024
3.19 USD
0.00 USD
-0.10 USD
Jan 1, 2025
4.97 USD
-0.06 USD
-0.39 USD
Jan 1, 2026 (e)
6.87 USD
-0.23 USD
-0.40 USD
Jan 1, 2027 (e)
9.04 USD
-0.15 USD
-0.33 USD
Jan 1, 2028 (e)
11.58 USD
0.04 USD
-0.14 USD

D-MARKET Electronic Services & Trading ADR business model & stock analysis

D-MARKET Electronic Services & Trading ADR Employees

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D-MARKET Electronic Services & Trading ADR Employees
Details
Date
D-MARKET Electronic Services & Trading ADR Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

D-MARKET Electronic Services & Trading ADR Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

D-MARKET Electronic Services & Trading ADR historical P/E ratio, EBIT multiple, and P/S ratio

D-MARKET Electronic Services & Trading ADR annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

D-MARKET Electronic Services & Trading ADR shares outstanding

The number of shares of D-MARKET Electronic Services & Trading ADR was 308.19 M in 2025. This indicates how many shares D-MARKET Electronic Services & Trading ADR is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
323.94 M Stocks
Jan 1, 2022
325.06 M Stocks
Jan 1, 2023
326.84 M Stocks
Jan 1, 2024
326.00 M Stocks
Jan 1, 2025
308.19 M Stocks
Jan 1, 2026 (e)
308.19 M Stocks
Jan 1, 2027 (e)
308.19 M Stocks
Jan 1, 2028 (e)
308.19 M Stocks
Price targets and forecasts for D-MARKET Electronic Services & Trading ADR are not yet available.

D-MARKET Electronic Services & Trading ADR Analyst Rating Actions

DateFirmActionRatingReliability
11/18/2025
JP Morgan
JP Morgan
DowngradeOverweightNeutral54
8/31/2021
B of A Securities
B of A Securities
DowngradeBuyNeutral58

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

D-MARKET Electronic Services & Trading ADR Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
9/22/2023-1.47USD-5.06 BUSD-2023 Q2
11/29/2022-2.37USD-3.27 BUSD-2022 Q3

D-MARKET Electronic Services & Trading ADR shareholder structure

% Name
5.19278%
VR ADVISORY SERVICES LTD
VR ADVISORY SERVICES LTD
0.86610%
BLACKROCK, INC.
BLACKROCK, INC.
0.73700%
STATE STREET CORP
STATE STREET CORP
0.27481%
BNP PARIBAS ARBITRAGE, SNC
BNP PARIBAS ARBITRAGE, SNC
0.25647%
UBS GROUP AG
UBS GROUP AG
0.16475%
MORGAN STANLEY
MORGAN STANLEY

D-MARKET Electronic Services & Trading ADR Beneficial Ownership Filings (SEC 13D/G)

Free Float
85.7%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
86.74%
Joint Stock Company Kaspi.kz
Joint Stock Company Kaspi.kz
SEC ↗
36.00%
Templeton Turkey Fund, L.P.
Templeton Turkey Fund, L.P.
SEC ↗
36.00%
Templeton Turkey Fund GP Ltd.
Templeton Turkey Fund GP Ltd.
SEC ↗
36.00%
Templeton Asset Management Ltd.
Templeton Asset Management Ltd.
SEC ↗
36.00%
Mustafa Aydemir
Mustafa Aydemir
SEC ↗
36.00%
Erman Kalkandelen
Erman Kalkandelen
SEC ↗
21.40%
Hanzade Vasfiye Doğan Boyner
Hanzade Vasfiye Doğan Boyner
SEC ↗
17.00%
Yaşar
Yaşar
SEC ↗
17.00%
Vuslat Doğan Sabancı
Vuslat Doğan Sabancı
SEC ↗
15.50%
Arzuhan Doğan Yalçındağ
Arzuhan Doğan Yalçındağ
SEC ↗

Frequently asked questions about D-MARKET Electronic Services & Trading ADR

Converted at the current exchange rate, the D-MARKET Electronic Services & Trading ADR share trades at 2.28 EUR (2.64 USD).

No history available for D-MARKET Electronic Services & Trading ADR.

The expected revenue of D-MARKET Electronic Services & Trading ADR is 2.18 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of D-MARKET Electronic Services & Trading ADR is -127.87 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of D-MARKET Electronic Services & Trading ADR is currently -6.36. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the D-MARKET Electronic Services & Trading ADR stock.

The price-to-sales ratio (P/S) of D-MARKET Electronic Services & Trading ADR is currently 0.37. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the D-MARKET Electronic Services & Trading ADR stock.

The Eulerpool Quality Score for D-MARKET Electronic Services & Trading ADR is 2/10.

The ISIN of D-MARKET Electronic Services & Trading ADR is US23292B1044. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of D-MARKET Electronic Services & Trading ADR is HEPS. The ticker symbol is used to trade D-MARKET Electronic Services & Trading ADR shares on the stock exchange.

D-MARKET Electronic Services & Trading ADR paid dividends every year for the past 0 years.

D-MARKET Electronic Services & Trading ADR is assigned to the 'Cyclical consumption' sector.

The dividends of D-MARKET Electronic Services & Trading ADR are distributed in USD.

All fundamentals and in-depth analysis of D-MARKET Electronic Services & Trading ADR

Our stock analysis for D-MARKET Electronic Services & Trading ADR stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of D-MARKET Electronic Services & Trading ADR. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.