JMIA Stock Analysis: Jumia Technologies | NYSE
Internet Retail | NYSE, USA | Market Cap: 865m USD | 12M Return: -13.8% | US48138M1053 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 11.8M
Qual. Beats: 0
Rev. Trend: 33.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.3 years of data
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.
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.
- 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
| Net Income: -57.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.46 > 0.02 and ΔFCF/TA -9.20 > 1.0 |
| NWC/Revenue: -5.53% < 20% (prev 22.78%; Δ -28.32% < -1%) |
| CFO/TA -0.35 > 3% & CFO -37.9m > Net Income -57.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (62.0m) vs 12m ago -49.38% < -2% |
| Gross Margin: 54.40% > 18% (prev 55.24%; Δ -0.84% > 0.5%) |
| Asset Turnover: 155.8% > 50% (prev 102.0%; Δ 53.75% > 0%) |
| Interest Coverage Ratio: -8.39 > 6 (EBIT TTM -51.9m / Interest Expense TTM 6.18m) |
| A: -0.11 (Total Current Assets 85.9m - Total Current Liabilities 97.4m) / Total Assets 108.2m |
| B: -20.90 (Retained Earnings -2.26b / Total Assets 108.2m) |
| C: -0.39 (EBIT TTM -51.9m / Avg Total Assets 134.4m) |
| D: 0.01 (Book Value of Equity 888k / Total Liabilities 107.8m) |
| Altman-Z'' = -71.41 = D |
| DSRI: 0.71 (Receivables 19.7m/21.8m, Revenue 209.5m/164.0m) |
| GMI: 1.02 (GM 55.24% / 54.40%) |
| AQI: 0.35 (AQ_t 0.01 / AQ_t-1 0.04) |
| SGI: 1.28 (Revenue 209.5m / 164.0m) |
| TATA: -0.18 (NI -57.7m - CFO -37.9m) / TA 108.2m) |
| Beneish M = -3.46 (Cap -4..+1) = AA |
As of August 31, 2026, the stock is trading at USD 6.94 with a total of 1,754,591 shares traded. Over the past week, the price has changed by +2.97%, over one month by +16.25%, over three months by -3.21% and over the past year by -13.79%.
Current recommended Stop Loss: 6.20 (which is 10.7% or 2.1 ATR below the current price).
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
| Analysts Target Price | 12.4 | 78.8% |
P/S = 4.1249
P/B = 991.7735
Revenue TTM = 209.5m USD
EBIT TTM = -51.9m USD
EBITDA TTM = -43.8m USD
Long Term Debt = 6.67m USD (from longTermDebt, two quarters ago)
Short Term Debt = 4.46m USD (from shortTermDebt, last quarter)
Debt = 25.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 11.7m
Net Debt = 10.8m USD (calculated: Debt 25.6m - CCE 14.8m)
Enterprise Value = 875.3m USD (864.5m + Debt 25.6m - CCE 14.8m)
Interest Coverage Ratio = -8.39 (Ebit TTM -51.9m / Interest Expense TTM 6.18m)
EV/FCF = -17.43x (Enterprise Value 875.3m / FCF TTM -50.2m)
FCF Yield = -5.74% (FCF TTM -50.2m / Enterprise Value 875.3m)
FCF Margin = -23.97% (FCF TTM -50.2m / Revenue TTM 209.5m)
Net Margin = -27.54% (Net Income TTM -57.7m / Revenue TTM 209.5m)
Gross Margin = 54.40% ((Revenue TTM 209.5m - Cost of Revenue TTM 95.5m) / Revenue TTM)
Gross Margin QoQ = 55.28% (prev 58.15%)
Tobins Q-Ratio = 8.09 (Enterprise Value 875.3m / Total Assets 108.2m)
Interest Expense / Debt = 24.11% (Interest Expense 6.18m / Debt 25.6m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -41.0m (EBIT -51.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.54 (Total Current Assets 85.9m / Total Current Liabilities 158.4m)
Debt / Equity = 28.88 (Debt 25.6m / totalStockholderEquity, last quarter 888k)
Debt / EBITDA = -0.25 (negative EBITDA) (Net Debt 10.8m / EBITDA -43.8m)
Debt / FCF = -0.22 (negative FCF - burning cash) (Net Debt 10.8m / FCF TTM -50.2m)
Total Stockholder Equity = 18.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -42.90% (Net Income -57.7m / Total Assets 108.2m)
RoE = -304.7% (Net Income TTM -57.7m / Total Stockholder Equity 18.9m)
RoCE = -202.6% (out of range, set to none) (EBIT -51.9m / Capital Employed (Equity 18.9m + L.T.Debt 6.67m))
RoIC = -872.5% (out of range, set to none) (NOPAT -41.0m / Invested Capital 4.70m)
WACC = 16.91% (E(864.5m)/V(890.2m) * Re(16.85%) + D(25.6m)/V(890.2m) * Rd(24.11%) * (1-Tc(0.21)))
Discount Rate = 16.85% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -62.05 | Cagr: -19.56%
[DCF] Fair Price = unknown (Cash Flow -50.2m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 33.45 | Revenue CAGR: 3.40% | SUE: 0.57 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.09 | Chg30d=-3.53% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.26 | Chg30d=-21.50% | Revisions=-25% | GrowthEPS=+38.7% | GrowthRev=+26.1%
EPS next Year (2027-12-31): EPS=-0.04 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=+83.3% | GrowthRev=+24.2%
[Analyst] Revisions Ratio: -50% (up=0, down=3)