Valuation Hepsiburada

Equities

Market Closed - Nasdaq Other stock markets 20:00:00 10/03/2026 GMT			5-day change	1st Jan Change
2.920 ^USD	+0.34%		+9.77%	+17.74%

02-26	D-Market Elektronik Hizmetler ve Ticaret A.S. Reports Earnings Results for the Full Year Ended December 31, 2025	CI
01-30	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	45,932	45,932	-
Change	-	-51.03%	330.99%	98.48%	33.36%	0%	-
Enterprise Value (EV) ¹	3,654	4,026	10,592	27,982	39,304	43,262	44,105
Change	-	10.19%	163.09%	164.17%	40.46%	10.07%	1.95%
P/E ratio	-13.1x	-3.31x	231x	-21.9x	-5.92x	-10.6x	-17.9x
PBR	3.07x	-	5.25x	10.6x	-1.37x	-1.1x	-1.09x
PEG	0.2x	-0x	-2x	0x	-0x	0.6x	0.4x
Capitalization / Revenue	1.09x	0.29x	0.59x	0.6x	0.45x	0.43x	0.35x
EV / Revenue	0.48x	0.29x	0.36x	0.49x	0.49x	0.4x	0.34x
EV / EBITDA	-2.24x	-4x	6.05x	13.6x	14.8x	9.51x	5.25x
EV / EBIT	-2.07x	-3.12x	8.58x	1,650x	-21.6x	-25.3x	147x
EV / FCF	-29.2x	26.2x	2.74x	-	4.95x	7.99x	4.4x
FCF Yield	-3.43%	3.81%	36.5%	-	20.2%	12.5%	22.7%
Dividend per Share ²	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-
EPS ²	-1.92	-3.735	0.23	-4.9	-18	-12.13	-7.182
Distribution rate	-	-	-	-	-	-	-
Net sales ¹	7,558	14,042	29,293	57,047	84,652	107,071	129,978
EBITDA ¹	-1,628	-1,007	1,750	2,065	1,141	4,549	8,394
EBIT ¹	-1,769	-1,291	1,234	16.96	-2,030	-1,707	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	-2,670	-1,827
Reference price ²	25.22	12.35	53.23	107.17	128.58	128.58	128.58
Nbr of stocks (in thousands)	325,998	325,998	325,998	321,383	357,225	357,225	-
Announcement Date	24/03/22	22/03/23	25/03/24	30/04/25	26/02/26	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
HEPSIBURADA	-8.65x	0.49x	14.78x	-.--%	1.04B
AMAZON.COM, INC.	27.66x	2.81x	10.76x	-.--%	2,301B
JD.COM, INC.	13.01x	0.11x	7.31x	3.37%	38.02B
COUPANG, INC.	112.28x	0.78x	21.07x	-.--%	35.06B
WAYFAIR INC.	193.79x	0.84x	13.13x	0.02%	9.78B
FSN E-COMMERCE VENTURES LIMITED	339.83x	7.44x	101.03x	-.--%	8B
ALLEGRO.EU S.A.	20.4x	2.62x	9.23x	-.--%	7.84B
MONOTARO CO., LTD.	31.27x	2.92x	18.5x	1.56%	6.38B
ETSY, INC.	17.17x	2.36x	8.16x	-.--%	5.13B
Average	82.97x	2.26x	22.66x	0.55%	268.01B
Weighted average by Cap.	30.31x	2.74x	11.18x	0.06%