# D-Market Elektronik Hizmetler ve Ticaret A.S. share price today (D-Market Elektronik Hizmetler ve Ticaret A.S., HEPS)

> D-Market Elektronik Hizmetler ve Ticaret A.S.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. HEPS · Consumer Discretionary · Internet Retail · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/heps

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: $2.80 (+9.8% in a year)
- Revenue (Jun 2026): ₹22.8 B (+36.2% on a year ago)
- Profit (Jun 2026): −₹1.9 B
- Operating margin: −2.9% (−3.1 points on a year ago)
- ROE: −283%, FY25
- ROIC: −40.3%, against a 21.9% cost of capital: −62.2 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the D-Market Elektronik Hizmetler ve Ticaret A.S. share price today? D-Market Elektronik Hizmetler ve Ticaret A.S.'s share price was $2.80 at the close on 3 November 2026. That is 2.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between $2 and $3, and at that close it sat 53% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 1 year the share price moved +0% while the S&P 500 moved +21%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does D-Market Elektronik Hizmetler ve Ticaret A.S. pay? D-Market Elektronik Hizmetler ve Ticaret A.S. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is D-Market Elektronik Hizmetler ve Ticaret A.S. on? D-Market Elektronik Hizmetler ve Ticaret A.S. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is D-Market Elektronik Hizmetler ve Ticaret A.S. profitable? D-Market Elektronik Hizmetler ve Ticaret A.S. posted a net loss of ₹1.9 B in the Jun 2026 quarter. The full FY25 year was a loss of ₹5.7 B. That loss is 8.3% of the quarter's revenue. The same quarter a year earlier lost ₹0.7 B. 10 of the last 10 reported quarters were loss-making. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## How much revenue does D-Market Elektronik Hizmetler ve Ticaret A.S. make, and is it growing? D-Market Elektronik Hizmetler ve Ticaret A.S. reported ₹22.8 B of revenue in the Jun 2026 quarter, +36.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 35.9% a year on average. The last full year, FY25, came in at ₹84.7 B. The last four reported quarters add to ₹96.2 B. The quarterly figures for FY22, FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was ₹84.7 B, +13.4% on the year before. Recent pace: the last four quarters grew +34.9% on average, against 35.9% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## How much of its sales does D-Market Elektronik Hizmetler ve Ticaret A.S. keep? D-Market Elektronik Hizmetler ve Ticaret A.S.'s operating margin was −2.9% in the Jun 2026 quarter, 3.1 percentage points lower than the same quarter a year ago. Across 5 years it has been between −25.9% and 0.7%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.1 percentage points on the year while gross margin changed −1.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is D-Market Elektronik Hizmetler ve Ticaret A.S.'s profit turning into cash? D-Market Elektronik Hizmetler ve Ticaret A.S.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in ₹11.3 B of operating cash against −₹5.7 B of profit. After ₹2.4 B of spending on assets, ₹8.9 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## Where does D-Market Elektronik Hizmetler ve Ticaret A.S.'s cash go? D-Market Elektronik Hizmetler ve Ticaret A.S. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent ₹7.0 B on assets over the last 3 years. Averaged over those years that is 2.8% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: ₹7.0 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## What is D-Market Elektronik Hizmetler ve Ticaret A.S.'s P/E ratio, and how does it compare with its own history? D-Market Elektronik Hizmetler ve Ticaret A.S. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. The P/E comes back here once profit turns positive. ## Is the D-Market Elektronik Hizmetler ve Ticaret A.S. business getting better or worse? D-Market Elektronik Hizmetler ve Ticaret A.S.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 0 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does D-Market Elektronik Hizmetler ve Ticaret A.S. earn on its capital? D-Market Elektronik Hizmetler ve Ticaret A.S. earned a ROE of −283% in FY25. Its return on capital used (ROIC) is 62.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −6.7% net margin and 2.29× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −6.7% net margin × 2.29× asset turnover × 18.37× leverage (assets divided by equity) ≈ −281.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −40.3% − 21.9% = −62.2 percentage points. The 21.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does D-Market Elektronik Hizmetler ve Ticaret A.S. have too much debt? D-Market Elektronik Hizmetler ve Ticaret A.S.'s net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from 0.14 in FY21 to 1.21 in FY25. So the returns on this page come from the business, not from borrowed money. This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted. ## What is the D-Market Elektronik Hizmetler ve Ticaret A.S. shareholding pattern? We have no ownership or short-position figures for D-Market Elektronik Hizmetler ve Ticaret A.S., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 1.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is D-Market Elektronik Hizmetler ve Ticaret A.S. from balance-sheet trouble? For D-Market Elektronik Hizmetler ve Ticaret A.S., the Z-score is 1.89. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.89 is in the grey area, neither clearly safe nor clearly in trouble. ## How does D-Market Elektronik Hizmetler ve Ticaret A.S. rank in its industry? There is no score against its industry: D-Market Elektronik Hizmetler ve Ticaret A.S. is not among the largest members shown in this industry comparison for Internet Retail. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is D-Market Elektronik Hizmetler ve Ticaret A.S. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to D-Market Elektronik Hizmetler ve Ticaret A.S. in size? D-Market Elektronik Hizmetler ve Ticaret A.S. is the 18th largest of 24 Internet Retail companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Global-E Online, Revolve Group, Inc. and Liquidity Services, Inc. Just below it: ATRenew Inc., Jumia Technologies AG and ThredUp Inc. ### Internet Retail companies close in size

1. [Global-E Online Ltd.](https://www.sectoralpha.in/us/stocks/glbe) $7 billion
2. [Revolve Group, Inc.](https://www.sectoralpha.in/us/stocks/rvlv) $1.5 billion
3. [Liquidity Services, Inc.](https://www.sectoralpha.in/us/stocks/lqdt) $1.4 billion
4. D-Market Elektronik Hizmetler ve Ticaret A.S. $1.2 billion
5. [ATRenew Inc.](https://www.sectoralpha.in/us/stocks/rere) $904 million
6. [Jumia Technologies AG](https://www.sectoralpha.in/us/stocks/jmia) $643 million
7. [ThredUp Inc.](https://www.sectoralpha.in/us/stocks/tdup) $263 million

[All 24 Internet Retail companies, largest first](https://www.sectoralpha.in/us/sectors/internet-retail#all-companies)

### Companies close in size in other industries

1. [Enovis Corporation](https://www.sectoralpha.in/us/stocks/enov) $1.2 billion · Medical Devices
2. [Suburban Propane Partners, L.P.](https://www.sectoralpha.in/us/stocks/sph) $1.2 billion · Utilities - Regulated Gas
3. D-Market Elektronik Hizmetler ve Ticaret A.S. $1.2 billion
4. [LegalZoom.com, Inc.](https://www.sectoralpha.in/us/stocks/lz) $1.2 billion · Specialty Business Services
5. [Heritage Financial Corporation](https://www.sectoralpha.in/us/stocks/hfwa) $1.2 billion · Banks - Regional

## What else do people ask about D-Market Elektronik Hizmetler ve Ticaret A.S.? ### What were D-Market Elektronik Hizmetler ve Ticaret A.S.'s latest quarterly results? D-Market Elektronik Hizmetler ve Ticaret A.S. reported revenue of ₹22.8 B and a net loss of ₹1.9 B for the Jun 2026 quarter. The operating margin was −2.9%, 3.1 percentage points lower than a year earlier (as of 3 November 2026). ### What is D-Market Elektronik Hizmetler ve Ticaret A.S.'s market cap? D-Market Elektronik Hizmetler ve Ticaret A.S.'s market capitalisation is $1.2 B at a stock price of $2.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is D-Market Elektronik Hizmetler ve Ticaret A.S. performing? D-Market Elektronik Hizmetler ve Ticaret A.S.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 3 November 2026). ### Will D-Market Elektronik Hizmetler ve Ticaret A.S.'s stock price go up? This page does not forecast D-Market Elektronik Hizmetler ve Ticaret A.S.'s stock price. What it shows instead: the stock price is $2.80. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does D-Market Elektronik Hizmetler ve Ticaret A.S. have too much debt? Yes, D-Market Elektronik Hizmetler ve Ticaret A.S. has a lot of debt: its debt is 1.86× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is D-Market Elektronik Hizmetler ve Ticaret A.S. in its business cycle? D-Market Elektronik Hizmetler ve Ticaret A.S.'s FY25 operating margin was −1.4%, against a 5-year range of −25.9% to 0.7%: the middle of its own range, neither a peak nor a low. The latest quarter was −2.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the D-Market Elektronik Hizmetler ve Ticaret A.S. story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is D-Market Elektronik Hizmetler ve Ticaret A.S. a stock worth studying right now? What the numbers show: D-Market Elektronik Hizmetler ve Ticaret A.S.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.