HEPS (D-MARKET Electronic Services & Trading) Ending Cash Position: $179 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HEPS D-MARKET Electronic Services & Trading HEPS
70 GF Score
Price $2.77
GF Value $2.13
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is D-MARKET Electronic Services & Trading Ending Cash Position?

D-MARKET Electronic Services & Trading HEPS -5.14% 70 Ending Cash Position is $179 Mil as of Mar. 2026. GuruFocus rates HEPS with a GF Score™ of 70/100 and a GF Value™ of $2.13 (Modestly Overvalued). The stock has 6 warning signs investors should review.

D-MARKET Electronic Services & Trading's Ending Cash Position for the quarter that ended in Mar. 2026 was $179 Mil.

D-MARKET Electronic Services & Trading's quarterly Ending Cash Position increased from Sep. 2025 ($179 Mil) to Dec. 2025 ($265 Mil) but then declined from Dec. 2025 ($265 Mil) to Mar. 2026 ($179 Mil).

D-MARKET Electronic Services & Trading's annual Ending Cash Position declined from Dec. 2023 ($357 Mil) to Dec. 2024 ($253 Mil) but then increased from Dec. 2024 ($253 Mil) to Dec. 2025 ($265 Mil).

D-MARKET Electronic Services & Trading Ending Cash Position Related Terms

D-MARKET Electronic Services & Trading Ending Cash Position Historical Data

* Premium members only.

The historical data trend for D-MARKET Electronic Services & Trading's Ending Cash Position can be seen below:

* 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 Ending Cash Position Chart

D-MARKET Electronic Services & Trading Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Ending Cash Position
Get a 7-Day Free Trial 761.17 670.67 357.39 252.63 264.91

D-MARKET Electronic Services & Trading Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 240.97 179.84 179.32 264.91 179.18
HEPS
70GF Score
D-MARKET Electronic Services & Trading HEPS
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D-MARKET Electronic Services & Trading Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

D-MARKET Electronic Services & Trading's Ending Cash Position for the fiscal year that ended in Dec. 2025 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=155.939+108.973
=265

D-MARKET Electronic Services & Trading's Ending Cash Position for the quarter that ended in Mar. 2026 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=257.67+-78.488
=179

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $179 Mil mean?
D-MARKET Electronic Services & Trading (HEPS) has a Ending Cash Position of $179 Mil as of Mar. 2026. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on D-MARKET Electronic Services & Trading and its competitors.
Is D-MARKET Electronic Services & Trading's Ending Cash Position too high?
D-MARKET Electronic Services & Trading's current Ending Cash Position is $179 Mil. Overall, D-MARKET Electronic Services & Trading has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-MARKET Electronic Services & Trading's Ending Cash Position compare to AMZN and BABA?
D-MARKET Electronic Services & Trading's Ending Cash Position of $179 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Retail - Cyclical company?
A good Ending Cash Position depends on the Retail - Cyclical industry context. However, Ending Cash Position 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on D-MARKET Electronic Services & Trading and its competitors. D-MARKET Electronic Services & Trading's current Ending Cash Position is $179 Mil. 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 Modestly Overvalued. The stock's GF Value™ is $2.13, compared to a current price of $2.77 — trading 29.8% above its estimated fair value. The current Ending Cash Position is $179 Mil. D-MARKET Electronic Services & Trading's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For D-MARKET Electronic Services & Trading (HEPS), the current Ending Cash Position is $179 Mil as of Mar. 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 $2.77 is trading 29.8% above its estimated GF Value™ of $2.13. GuruFocus considers D-MARKET Electronic Services & Trading to be Modestly Overvalued.

Key valuation signals for HEPS:

  • Ending Cash Position: $179 Mil
  • GF Value™: $2.13 vs. price of $2.77 (29.8% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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 Business Description

Other Exchanges HEPSD:Kazakhstan8WZ:Germany
Address Kustepe Mahallesi Mecidiyekoy Yolu, Trump Tower, Cadde no: 12 Tower: 2 Floor:2, K2 Sisli, Istanbul, TUR, 34387
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.
70GF Score

Get the complete analysis for HEPS

Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.77
Price
$2.13
GF Value