D-MARKET Electronic Services & Trading Unsponsored ADR

HEPS Consumer Cyclical Internet Retail

D-MARKET Electronic Services & Trading Unsponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 23.6% from fiscal 2024. In the quarter to June 2026, revenue grew 16.2%, EPS fell 83.3%, free cash flow fell 62.0% and total debt fell 39.8%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

2.71 0.02 −0.73%
Market cap
$975.2M
P/E
0.0×
Fwd P/E
−9.5×
Dividend yield
—
F-score
4/9
Altman Z
1.92
Beneish M
−4.60
Dividend safety
n/a
Dec '17 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Piotroski F-Score
— — — 3 8 3 4
P/E ratio
— 0.00 0.00 0.00 168.00 0.00 0.00
P/S ratio
— 0.00 0.67 0.24 0.35 0.57 0.43
Altman Z-Score
— — 0.78 (0.11) 1.55 1.98 1.92
Altman Z″-Score (non-manufacturers)
— (5.86) (0.02) (3.78) (1.92) (2.42) (2.59)
P/FCF ratio
— 0.00 0.00 0.00 3.25 8.81 4.09
Beneish M-Score
— — (2.89) (3.32) (2.83) (3.44) (4.60)
P/Operating CF
— 41.76 113.30 3.26 3.62 13.72 7.84
P/B ratio
— 0.00 1.88 1.85 3.82 9.82 18.07
EV/Sales
— 0.00 0.04 (0.09) 0.16 0.45 0.29
EV/EBITDA
— 0.00 0.00 0.57 12.29 12.40 21.20
EV/FCF
— 0.00 (2.50) 3.56 1.43 6.92 2.73
Current Ratio
— 0.64 1.42 1.08 1.07 0.97 0.89
Net Debt/EBITDA
— 1.73 2.77 2.03 (15.77) (3.39) (10.65)
Debt/Equity
— (0.56) 0.11 0.06 0.09 0.68 0.68
ROE
— (64.40%) (82.37%) (81.83%) 2.44% (40.07%) (189.97%)
ROA
— (48.30%) (13.57%) (23.28%) 0.47% (6.28%) (16.68%)
ROIC
— 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Tangible Assets
— 52.18% (32.19%) (299.62%) 5.10% (1,603.65%) 216.24%
Average Days of Receivables
— 9.19 10.96 15.13 24.46 32.38 26.90
Earnings Yield
— (19.34%) (19.34%) (76.62%) 0.60% (4.62%) (17.34%)
Free Cash Flow Yield
— 0.00% (2.47%) (11.00%) 30.73% 11.35% 24.42%
Free Cash Flow per Share
— 0.86 (0.05) (0.08) 0.52 0.34 0.61
Book value per Share
— (1.99) 1.02 0.38 0.44 0.31 0.14
Free Cash Flow
— 49.03 (14.37) (25.46) 167.70 112.91 225.47
EV/EBIT
— 0.00 0.00 0.48 0.00 1,510.69 0.00
Other line items

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