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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
HEPS'
s Debt-to-Equity Range Over the Past 10 Years
Min: -4.07 Med: 0.14 Max: 3.22
Current: -4.07
During the past 8 years, the highest Debt-to-Equity Ratio of D-MARKET Electronic Services & Trading was 3.22. The lowest was -4.07. And the median was 0.14.
HEPS's Debt-to-Equity is ranked worse than 85.34% of 1023
companies
in the Retail - Cyclical industry
Industry Median: 0.57
vs HEPS: -4.07
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
D-MARKET Electronic Services & Trading Debt-to-Equity Related Terms
D-MARKET Electronic Services & Trading Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HEPS vs AMZN, BABA, PDD: Debt-to-Equity Comparison
For the Internet Retail subindustry, D-MARKET Electronic Services & Trading's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
D-MARKET Electronic Services & Trading Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, D-MARKET Electronic Services & Trading's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where D-MARKET Electronic Services & Trading's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
D-MARKET Electronic Services & Trading (HEPS) has a Debt-to-Equity of -4.07 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on D-MARKET Electronic Services & Trading and its competitors. According to the industry distribution chart, D-MARKET Electronic Services & Trading ranks #873 out of 1023 companies in the Retail - Cyclical industry, placing it in the top 85.3%.
Is D-MARKET Electronic Services & Trading's Debt-to-Equity too high?
D-MARKET Electronic Services & Trading's current Debt-to-Equity is -4.07. Based on the distribution chart, D-MARKET Electronic Services & Trading ranks #873 out of 1023 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, D-MARKET Electronic Services & Trading has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-MARKET Electronic Services & Trading's Debt-to-Equity compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, D-MARKET Electronic Services & Trading ranks #873 out of 1023 companies for Debt-to-Equity. This places D-MARKET Electronic Services & Trading in the lower half of its industry. The industry median Debt-to-Equity is 0.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.57, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on D-MARKET Electronic Services & Trading and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D-MARKET Electronic Services & Trading's current Debt-to-Equity is -4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-MARKET Electronic Services & Trading stock overvalued right now?
Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading (HEPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.03, compared to a current price of $2.86 — trading 40.9% above its estimated fair value. The current Debt-to-Equity is -4.07. D-MARKET Electronic Services & Trading's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For D-MARKET Electronic Services & Trading (HEPS), the current Debt-to-Equity is -4.07 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is D-MARKET Electronic Services & Trading (HEPS) Overvalued in 2026?
Based on GuruFocus' analysis, D-MARKET Electronic Services & Trading stock appears to be overvalued.
The current stock price of $2.86 is trading 40.9% above its estimated GF Value™ of $2.03.
GuruFocus considers D-MARKET Electronic Services & Trading to be Significantly Overvalued.
Key valuation signals for HEPS:
Debt-to-Equity: -4.07
GF Value™: $2.03 vs. price of $2.86 (40.9% above fair value)
No single metric tells the full story. See the HEPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
D-MARKET Electronic Services & Trading offers an e-commerce platform in Turkey and the surrounding region. The company is comprised of one reportable segment, namely e-commerce operations. It's portfolio offers its retail customers a wide selection of merchandise including electronics and non-electronics (including books, sports, toys, kids and baby products, cosmetics, furniture, etc). The Group derives revenue from the sales of goods, marketplace revenues and other revenues.
64GF Score
Get the complete analysis for HEPS
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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