D-MARKET ELECTRONIC SERV-ADR (HEPS)
US23292B1044 - ADR
We assign a fundamental rating of 4 out of 10 to HEPS. HEPS was compared to 32 industry peers in the Broadline Retail industry. The financial health of HEPS is average, but there are quite some concerns on its profitability. HEPS is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year HEPS has reported negative net income.
In the past year HEPS had a positive cash flow from operations.
In the past 5 years HEPS reported 4 times negative net income.
HEPS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -6.31%, HEPS is doing worse than 71.88% of the companies in the same industry.
With a Return On Equity value of -35.66%, HEPS is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.31% | ||
| ROE | -35.66% | ||
| ROIC | N/A |
ROA(3y)-11.34%
ROA(5y)-14.4%
ROE(3y)-45.04%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HEPS has a worse Gross Margin (33.46%) than 75.00% of its industry peers.
In the last couple of years the Gross Margin of HEPS has grown nicely.
HEPS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.46% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.14%
GM growth 5Y6.31%
2. Health
2.1 Basic Checks
HEPS does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, HEPS has less shares outstanding
Compared to 5 years ago, HEPS has less shares outstanding
The debt/assets ratio for HEPS has been reduced compared to a year ago.
2.2 Solvency
HEPS has an Altman-Z score of 2.04. This is not the best score and indicates that HEPS is in the grey zone with still only limited risk for bankruptcy at the moment.
HEPS's Altman-Z score of 2.04 is in line compared to the rest of the industry. HEPS outperforms 46.88% of its industry peers.
HEPS has a debt to FCF ratio of 0.18. This is a very positive value and a sign of high solvency as it would only need 0.18 years to pay back of all of its debts.
HEPS's Debt to FCF ratio of 0.18 is amongst the best of the industry. HEPS outperforms 87.50% of its industry peers.
HEPS has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
HEPS has a Debt to Equity ratio (0.22) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 0.18 | ||
| Altman-Z | 2.04 |
ROIC/WACCN/A
WACC31.86%
2.3 Liquidity
A Current Ratio of 1.04 indicates that HEPS should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.04, HEPS is doing worse than 87.50% of the companies in the same industry.
A Quick Ratio of 0.69 indicates that HEPS may have some problems paying its short term obligations.
HEPS has a worse Quick ratio (0.69) than 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The earnings per share for HEPS have decreased strongly by -111.98% in the last year.
The Revenue has grown by 117.62% in the past year. This is a very strong growth!
The Revenue has been growing by 78.63% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-111.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-144.44%
Revenue 1Y (TTM)117.62%
Revenue growth 3Y77.34%
Revenue growth 5Y78.63%
Sales Q2Q%80.17%
3.2 Future
The Earnings Per Share is expected to grow by 47.66% on average over the next years. This is a very strong growth
HEPS is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 46.45% yearly.
EPS Next Y30.3%
EPS Next 2Y38.94%
EPS Next 3Y47.66%
EPS Next 5YN/A
Revenue Next Year75.95%
Revenue Next 2Y56.74%
Revenue Next 3Y46.45%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
HEPS reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 14.69, HEPS is valued correctly.
HEPS's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.33, HEPS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.69 |
4.2 Price Multiples
HEPS's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, HEPS is valued cheaper than 90.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.18 | ||
| EV/EBITDA | 16.76 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as HEPS's earnings are expected to grow with 47.66% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38.94%
EPS Next 3Y47.66%
5. Dividend
5.1 Amount
No dividends for HEPS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
D-MARKET ELECTRONIC SERV-ADR
NASDAQ:HEPS (10/4/2024, 8:24:37 PM)
2.41
+0.09 (+3.88%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap774.53M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.69 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.31% | ||
| ROE | -35.66% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.46% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-111.98%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y30.3%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)117.62%
Revenue growth 3Y77.34%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y