D-MARKET ELECTRONIC SERV-ADR (HEPS) Stock Fundamental Analysis
USA - NASDAQ:HEPS - US23292B1044 - ADR
2.31 USD
-0.03 (-1.28%)
We assign a fundamental rating of 3 out of 10 to HEPS. HEPS was compared to 30 industry peers in the Broadline Retail industry. Both the profitability and financial health of HEPS have multiple concerns. HEPS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
HEPS had negative earnings in the past year.
HEPS had a positive operating cash flow in the past year.
In the past 5 years HEPS reported 4 times negative net income.
Of the past 5 years HEPS 4 years had a positive operating cash flow.
1.2 Ratios
HEPS has a Return On Assets of -7.23%. This is in the lower half of the industry: HEPS underperforms 73.33% of its industry peers.
HEPS has a Return On Equity of -74.22%. This is amonst the worse of the industry: HEPS underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.23% | ||
| ROE | -74.22% | ||
| ROIC | N/A |
ROA(3y)-8.33%
ROA(5y)-12.85%
ROE(3y)-47%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Operating Margin of HEPS has declined.
HEPS has a Gross Margin of 37.84%. This is in the lower half of the industry: HEPS underperforms 73.33% of its industry peers.
In the last couple of years the Gross Margin of HEPS has grown nicely.
The Profit Margin and Operating Margin are not available for HEPS so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 37.84% |
OM growth 3YN/A
OM growth 5Y-32.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y20.18%
GM growth 5Y5.22%
2. Health
2.1 Basic Checks
HEPS does not have a ROIC to compare to the WACC, probably because it is not profitable.
HEPS has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, HEPS has about the same amount of shares outstanding.
Compared to 1 year ago, HEPS has a worse debt to assets ratio.
2.2 Solvency
HEPS has an Altman-Z score of 1.74. This is a bad value and indicates that HEPS is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.74, HEPS perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
The Debt to FCF ratio of HEPS is 0.43, which is an excellent value as it means it would take HEPS, only 0.43 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.43, HEPS belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
HEPS has a Debt/Equity ratio of 0.66. This is a neutral value indicating HEPS is somewhat dependend on debt financing.
HEPS's Debt to Equity ratio of 0.66 is on the low side compared to the rest of the industry. HEPS is outperformed by 70.00% of its industry peers.
Even though the debt/equity ratio score it not favorable for HEPS, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 0.43 | ||
| Altman-Z | 1.74 |
ROIC/WACCN/A
WACC230.71%
2.3 Liquidity
HEPS has a Current Ratio of 0.92. This is a bad value and indicates that HEPS is not financially healthy enough and could expect problems in meeting its short term obligations.
HEPS's Current ratio of 0.92 is on the low side compared to the rest of the industry. HEPS is outperformed by 93.33% of its industry peers.
HEPS has a Quick Ratio of 0.92. This is a bad value and indicates that HEPS is not financially healthy enough and could expect problems in meeting its short term obligations.
HEPS has a Quick ratio of 0.62. This is amonst the worse of the industry: HEPS underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
HEPS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -39.42%.
HEPS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.80%.
HEPS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 85.40% yearly.
EPS 1Y (TTM)-39.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-79.04%
Revenue 1Y (TTM)8.8%
Revenue growth 3Y55.93%
Revenue growth 5Y85.4%
Sales Q2Q%64.96%
3.2 Future
The Earnings Per Share is expected to grow by 41.90% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 34.02% on average over the next years. This is a very strong growth
EPS Next Y-35.71%
EPS Next 2Y17.83%
EPS Next 3Y41.9%
EPS Next 5YN/A
Revenue Next Year54.5%
Revenue Next 2Y40.89%
Revenue Next 3Y34.02%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for HEPS. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for HEPS. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HEPS is valued a bit cheaper than 66.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HEPS indicates a rather cheap valuation: HEPS is cheaper than 90.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.65 | ||
| EV/EBITDA | 11.63 |
4.3 Compensation for Growth
A more expensive valuation may be justified as HEPS's earnings are expected to grow with 41.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y17.83%
EPS Next 3Y41.9%
5. Dividend
5.1 Amount
No dividends for HEPS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:HEPS (11/13/2025, 3:13:37 PM)
2.31
-0.03 (-1.28%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners16.19%
Inst Owner Change0.82%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap753.06M
Revenue(TTM)63.81B
Net Income(TTM)-2.11B
Analysts82.22
Price Target3.77 (63.2%)
Short Float %0.3%
Short Ratio3.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.63%
PT rev (3m)-2.63%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-24.04%
EPS NY rev (3m)-634.23%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.34%
Revenue NY rev (3m)3.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.5 | ||
| P/FCF | 5.65 | ||
| P/OCF | 4.04 | ||
| P/B | 11.19 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.63 |
EPS(TTM)-0.12
EYN/A
EPS(NY)-0.07
Fwd EYN/A
FCF(TTM)0.41
FCFY17.7%
OCF(TTM)0.57
OCFY24.75%
SpS4.63
BVpS0.21
TBVpS-0.06
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.23% | ||
| ROE | -74.22% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 37.84% | ||
| FCFM | 8.82% |
ROA(3y)-8.33%
ROA(5y)-12.85%
ROE(3y)-47%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y-32.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y20.18%
GM growth 5Y5.22%
F-Score3
Asset Turnover2.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 0.43 | ||
| Debt/EBITDA | 0.83 | ||
| Cap/Depr | 85.82% | ||
| Cap/Sales | 3.51% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 347.57% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 1.74 |
F-Score3
WACC230.71%
ROIC/WACCN/A
Cap/Depr(3y)120.44%
Cap/Depr(5y)114%
Cap/Sales(3y)4.01%
Cap/Sales(5y)3.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-39.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-79.04%
EPS Next Y-35.71%
EPS Next 2Y17.83%
EPS Next 3Y41.9%
EPS Next 5YN/A
Revenue 1Y (TTM)8.8%
Revenue growth 3Y55.93%
Revenue growth 5Y85.4%
Sales Q2Q%64.96%
Revenue Next Year54.5%
Revenue Next 2Y40.89%
Revenue Next 3Y34.02%
Revenue Next 5YN/A
EBIT growth 1Y15.47%
EBIT growth 3YN/A
EBIT growth 5Y25.95%
EBIT Next Year53.17%
EBIT Next 3Y56.15%
EBIT Next 5YN/A
FCF growth 1Y459.45%
FCF growth 3YN/A
FCF growth 5Y64.06%
OCF growth 1Y338.34%
OCF growth 3YN/A
OCF growth 5Y73.37%
D-MARKET ELECTRONIC SERV-ADR / HEPS FAQ
What is the fundamental rating for HEPS stock?
ChartMill assigns a fundamental rating of 3 / 10 to HEPS.
What is the valuation status of D-MARKET ELECTRONIC SERV-ADR (HEPS) stock?
ChartMill assigns a valuation rating of 3 / 10 to D-MARKET ELECTRONIC SERV-ADR (HEPS). This can be considered as Overvalued.
Can you provide the profitability details for D-MARKET ELECTRONIC SERV-ADR?
D-MARKET ELECTRONIC SERV-ADR (HEPS) has a profitability rating of 1 / 10.
Can you provide the financial health for HEPS stock?
The financial health rating of D-MARKET ELECTRONIC SERV-ADR (HEPS) is 3 / 10.
What is the earnings growth outlook for D-MARKET ELECTRONIC SERV-ADR?
The Earnings per Share (EPS) of D-MARKET ELECTRONIC SERV-ADR (HEPS) is expected to decline by -35.71% in the next year.