D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) Just Released Its Full-Year Earnings: Here's What Analysts Think

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) defied analyst predictions to release its full-year results, which were ahead of market expectations. Revenues and losses per share were both better than expected, with revenues of ₺7.6b leading estimates by 8.0%. Statutory losses were smaller than the analystsexpected, coming in at ₺1.92 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi

Taking into account the latest results, the current consensus from D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi's six analysts is for revenues of ₺10.2b in 2022, which would reflect a huge 35% increase on its sales over the past 12 months. Losses are forecast to balloon 244% to ₺6.61 per share. Yet prior to the latest earnings, the analysts had been forecasting revenues of ₺10.00b and losses of ₺6.61 per share in 2022.

As a result there was no major change to the consensus price target of US$5.17, implying that the business is trading roughly in line with expectations despite ongoing losses. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi analyst has a price target of US$7.14 per share, while the most pessimistic values it at US$3.21. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi'shistorical trends, as the 35% annualised revenue growth to the end of 2022 is roughly in line with the 37% annual revenue growth over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 13% per year. So although D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi going out to 2024, and you can see them free on our platform here.

You still need to take note of risks, for example - D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi has 2 warning signs (and 1 which is concerning) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.