JMIA Stock Analysis: Jumia Technologies | NYSE

Internet Retail | NYSE, USA | Market Cap: 873m USD | 12M Return: 57.5% | Charts, Fundamentals & Technical Analysis

Marketplace, Logistics, Payments, Electronics
Total Rating 24
Safety 38
Buy Signal -0.72
Internet Retail
Industry Rotation: +16.8
Market Cap: 873M
Avg Turnover: 10.8M
Risk 3d forecast
Volatility81.1%
VaR 5th Pctl12.6%
VaR vs Median-6.12%
Reward TTM
Sharpe Ratio0.91
Rel. Str. IBD18.1
Rel. Str. Peer Group41.7
Character TTM
Beta3.707
Beta Downside4.139
Hurst Exponent0.367
Drawdowns 3y
Max DD88.12%
CAGR/Max DD0.22
CAGR/Mean DD0.43
EPS (Earnings per Share) EPS (Earnings per Share) of JMIA over the last years for every Quarter: "2021-06": -0.5, "2021-09": -0.67, "2021-12": -0.46, "2022-03": -0.68, "2022-06": -0.69, "2022-09": -0.45, "2022-12": -0.28, "2023-03": -0.16, "2023-06": -0.3168, "2023-09": -0.2273, "2023-12": -0.1745, "2024-03": -0.4019, "2024-06": -0.2161, "2024-09": -0.12, "2024-12": -0.14, "2025-03": -0.12, "2025-06": 999, "2025-09": -0.1, "2025-12": 0, "2026-03": 0,
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of JMIA over the last years for every Quarter: 2021-06: 40.241, 2021-09: 42.657, 2021-12: 62.048, 2022-03: 47.594, 2022-06: 57.324, 2022-09: 50.487, 2022-12: 66.478, 2023-03: 41.25, 2023-06: 44.032, 2023-09: 41.715, 2023-12: 46.724, 2024-03: 48.893, 2024-06: 36.474, 2024-09: 36.431, 2024-12: 45.688, 2025-03: 36.261, 2025-06: 45.642, 2025-09: 45.632, 2025-12: 61.349523, 2026-03: 50.562,
Rev. CAGR: -1.44%
Rev. Trend: -15.4%
Last SUE: 0.96
Qual. Beats: 2

Warnings

Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 7.2 years of data

Jan +0.1% 0
Feb -22.0% 18
Mar -9.0% 17
Apr -7.9% 25
May +12.1% 27
Jun +4.1% 21
Jul +31.8% 18
Aug -17.0% 16
Sep -2.5% 16
Oct -1.3% 2
Nov +1.7% 15
Dec +5.2% 17

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: JMIA Jumia Technologies

Jumia Technologies AG (NYSE: JMIA) operates a pan-African e-commerce marketplace headquartered in Berlin, Germany. The company runs a three-sided platform that connects third-party sellers with consumers, provides its own delivery and fulfillment network, and offers payment processing through licensed partners in markets where card penetration is limited. The marketplace spans product categories including mobile phones, electronics, home goods, fashion, beauty, and fast-moving consumer goods. Customers include individual consumers, retailers, distributors, and corporate buyers. Jumia is incorporated in Germany, listed on the NYSE since April 2019, and classified within the Broadline Retail sub-industry of the Consumer Discretionary sector.

Jumia is structured as an asset-light marketplace rather than a traditional retailer, taking commissions and fees rather than holding most inventory itself. Its integrated logistics arm is a notable feature of the business model because third-party delivery infrastructure is thin across much of Sub-Saharan Africa, making in-house fulfillment a key competitive advantage versus pure-play platforms. The company also operates a small number of non-African properties (notably in Europe and the UAE) that have historically been deprioritized in favor of the African core business.

Headlines to Watch Out For
  • Africa marketplace order volume drives top-line revenue growth
  • Adjusted EBITDA losses narrow toward profitability inflection point
  • African currency volatility pressures USD-reported results and margins
Piotroski VR-10 (Strict) 3.0
Net Income: -62.6m TTM > 0 and > 6% of Revenue
FCF/TA: -0.48 > 0.02 and ΔFCF/TA -10.61 > 1.0
NWC/Revenue: 1.00% < 20% (prev 35.49%; Δ -34.49% < -1%)
CFO/TA -0.35 > 3% & CFO -39.2m > Net Income -62.6m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.02 > 1.5 & < 3
Outstanding Shares: last quarter (61.9m) vs 12m ago -49.43% < -2%
Gross Margin: 53.74% > 18% (prev 56.99%; Δ -3.25% > 0.5%)
Asset Turnover: 141.7% > 50% (prev 88.61%; Δ 53.11% > 0%)
Interest Coverage Ratio: -5.54 > 6 (EBIT TTM -52.1m / Interest Expense TTM 9.41m)
Altman Z'' -15.00
A: 0.02 (Total Current Assets 93.9m - Total Current Liabilities 91.9m) / Total Assets 112.0m
B: -20.08 (Retained Earnings -2.25b / Total Assets 112.0m)
C: -0.36 (EBIT TTM -52.1m / Avg Total Assets 143.4m)
D: 0.13 (Book Value of Equity 13.1m / Total Liabilities 99.4m)
Altman-Z'' = -67.64 = D
Beneish M -3.48
DSRI: 0.58 (Receivables 16.8m/22.0m, Revenue 203.2m/154.9m)
GMI: 1.06 (GM 56.99% / 53.74%)
AQI: 0.38 (AQ_t 0.01 / AQ_t-1 0.03)
SGI: 1.31 (Revenue 203.2m / 154.9m)
TATA: -0.21 (NI -62.6m - CFO -39.2m) / TA 112.0m)
Beneish M = -3.48 (Cap -4..+1) = AA
What is the price of JMIA shares?

As of July 11, 2026, the stock is trading at USD 7.01 with a total of 786,513 shares traded. Over the past week, the price has changed by -0.57%, over one month by +1.45%, over three months by +1.30% and over the past year by +57.53%.

Current recommended Stop Loss: 6.20 (which is 11.6% or 2 ATR below the current price).

Is JMIA a buy, sell or hold?

Jumia Technologies has received a consensus analysts rating of 2.00. Therefore, it is recommended to sell JMIA.

  • StrongBuy: 0
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the JMIA price?
Analysts Target Price 14.6 108.6%
Jumia Technologies (JMIA) - Fundamental Data Overview as of 05 July 2026
Market Cap USD = 873.2m (873.2m USD * 1.0 USD.USD)
P/S = 4.2964
P/B = 68.5965
Revenue TTM = 203.2m USD
EBIT TTM = -52.1m USD
EBITDA TTM = -44.0m USD
Long Term Debt = 6.67m USD (from longTermDebt, last quarter)
Short Term Debt = 2.99m USD (from shortTermDebt, last quarter)
Debt = 21.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 11.7m
Net Debt = -1.35m USD (calculated: Debt 21.4m - CCE 22.7m)
Enterprise Value = 871.8m USD (873.2m + Debt 21.4m - CCE 22.7m)
Interest Coverage Ratio = -5.54 (Ebit TTM -52.1m / Interest Expense TTM 9.41m)
EV/FCF = -16.28x (Enterprise Value 871.8m / FCF TTM -53.6m)
FCF Yield = -6.14% (FCF TTM -53.6m / Enterprise Value 871.8m)
FCF Margin = -26.36% (FCF TTM -53.6m / Revenue TTM 203.2m)
Net Margin = -30.79% (Net Income TTM -62.6m / Revenue TTM 203.2m)
Gross Margin = 53.74% ((Revenue TTM 203.2m - Cost of Revenue TTM 94.0m) / Revenue TTM)
Gross Margin QoQ = 58.15% (prev 52.28%)
Tobins Q-Ratio = 7.79 (Enterprise Value 871.8m / Total Assets 112.0m)
Interest Expense / Debt = 43.99% (Interest Expense 9.41m / Debt 21.4m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -41.1m (EBIT -52.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.63 (Total Current Assets 93.9m / Total Current Liabilities 148.3m)
Debt / Equity = 1.64 (Debt 21.4m / totalStockholderEquity, last quarter 13.1m)
 Debt / EBITDA = 0.03 (negative EBITDA) (Net Debt -1.35m / EBITDA -44.0m)
 Debt / FCF = 0.03 (negative FCF - burning cash) (Net Debt -1.35m / FCF TTM -53.6m)
 Total Stockholder Equity = 32.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -43.63% (Net Income -62.6m / Total Assets 112.0m)
RoE = -194.9% (Net Income TTM -62.6m / Total Stockholder Equity 32.1m)
 RoCE = -134.3% (out of range, set to none) (EBIT -52.1m / Capital Employed (Equity 32.1m + L.T.Debt 6.67m))
 RoIC = -318.5% (out of range, set to none) (NOPAT -41.1m / Invested Capital 12.9m)
 WACC = 19.40% (E(873.2m)/V(894.5m) * Re(19.02%) + D(21.4m)/V(894.5m) * Rd(43.99%) * (1-Tc(0.21)))
Discount Rate = 19.02% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (yearly) Correlation: 100.0 | Cagr: 10.35%
 [DCF] Fair Price = unknown (Cash Flow -53.6m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.00 | # QB: 0
Revenue Correlation: -15.44 | Revenue CAGR: -1.44% | SUE: 0.96 | # QB: 2
EPS current Quarter (2026-06-30): EPS=-0.09 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.09 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.21 | Chg30d=+16.08% | Revisions=-25% | GrowthEPS=+49.5% | GrowthRev=+26.9%
EPS next Year (2027-12-31): EPS=-0.04 | Chg30d=-3.57% | Revisions=+0% | GrowthEPS=+79.7% | GrowthRev=+24.5%
[Analyst] Revisions Ratio: -25% (up=0, down=1)