Valuation Hepsiburada

Equities

Market Closed - Nasdaq Other stock markets 04:00:00 2026-04-10 pm EDT			5-day change	1st Jan Change
2.710 ^USD	+0.37%		+0.37%	+9.27%

Feb. 26	D-Market Elektronik Hizmetler ve Ticaret A.S. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2025	CI
Jan. 30	D-Market Electronic Services & Trading Announces Management Changes	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	8,221	4,026	17,353	34,442	43,236	43,236	-
Change	-	-51.03%	330.99%	98.48%	25.53%	0%	-
Enterprise Value (EV) ¹	3,654	4,026	10,592	27,982	36,609	38,287	41,410
Change	-	10.19%	163.09%	164.17%	30.83%	4.58%	8.16%
P/E ratio	-13.1x	-3.31x	231x	-21.9x	-5.92x	-7.63x	-16.9x
PBR	3.07x	-	5.25x	10.6x	-1.29x	-1.03x	-1.02x
PEG	0.2x	-0x	-2x	0x	-0x	-1.15x	0.3x
Capitalization / Revenue	1.09x	0.29x	0.59x	0.6x	0.45x	0.39x	0.33x
EV / Revenue	0.48x	0.29x	0.36x	0.49x	0.45x	0.35x	0.32x
EV / EBITDA	-2.24x	-4x	6.05x	13.6x	16.1x	22x	5.93x
EV / EBIT	-2.07x	-3.12x	8.58x	1,650x	-20.1x	-19.9x	138x
EV / FCF	-29.2x	26.2x	2.74x	-	4.61x	7.07x	4.13x
FCF Yield	-3.43%	3.81%	36.5%	-	21.7%	14.1%	24.2%
Dividend per Share ²	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-
EPS ²	-1.92	-3.735	0.23	-4.9	-18	-15.86	-7.182
Distribution rate	-	-	-	-	-	-	-
Net sales ¹	7,558	14,042	29,293	57,047	84,652	110,321	129,978
EBITDA ¹	-1,628	-1,007	1,750	2,065	1,141	1,744	6,982
EBIT ¹	-1,769	-1,291	1,234	16.96	-2,030	-1,919	299.5
Net income ¹	-625.8	-1,217	729.1	-1,605	-5,699	-5,169	-3,924
Net Debt ¹	-4,567	-	-6,760	-6,459	-6,628	-4,950	-1,827
Reference price ²	25.22	12.35	53.23	107.17	121.03	121.03	121.03
Nbr of stocks (in thousands)	325,998	325,998	325,998	321,383	357,225	357,225	-
Announcement Date	3/24/22	3/22/23	3/25/24	4/30/25	2/26/26	-	-

¹TRY in Million²TRY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
HEPSIBURADA	-8.14x	0.45x	16.12x	-.--%	968M
AMAZON.COM, INC.	30.67x	3.13x	12.01x	-.--%	2,564B
JD.COM, INC.	13.57x	0.12x	7.77x	3.25%	39.66B
COUPANG, INC.	127.94x	0.81x	21.89x	-.--%	36.13B
WAYFAIR INC.	185.64x	0.81x	12.63x	0.02%	9.37B
FSN E-COMMERCE VENTURES LIMITED	351.43x	7.52x	101.9x	-.--%	7.99B
ALLEGRO.EU S.A.	15.47x	2.3x	7.94x	-.--%	7.76B
MONOTARO CO., LTD.	23.9x	2.26x	14.2x	2.08%	5.55B
ETSY, INC.	17.01x	2.34x	8.09x	-.--%	5.07B
Average	84.16x	2.19x	22.51x	0.59%	297.34B
Weighted average by Cap.	33.13x	3.05x	12.34x	0.05%