(JMIA) Jumia Technologies - Overview

Sector: Consumer Cyclical | Industry: Internet Retail | Exchange: NYSE (USA) | Market Cap: 856m USD | Total Return: 103.2% in 12m

Online Marketplace, Logistics Services, Digital Payments
Total Rating 39
Safety 34
Buy Signal -0.59
Internet Retail
Industry Rotation: -11.8
Market Cap: 856M
Avg Turnover: 14.3M
Risk 3d forecast
Volatility84.1%
VaR 5th Pctl12.9%
VaR vs Median-7.25%
Reward TTM
Sharpe Ratio1.27
Rel. Str. IBD41
Rel. Str. Peer Group58.3
Character TTM
Beta4.000
Beta Downside4.000
Hurst Exponent0.381
Drawdowns 3y
Max DD88.12%
CAGR/Max DD0.42
CAGR/Mean DD0.87
EPS (Earnings per Share) EPS (Earnings per Share) of JMIA over the last years for every Quarter: "2021-03": -0.12, "2021-06": -0.3754, "2021-09": -0.5113, "2021-12": -0.48, "2022-03": -0.7, "2022-06": -0.36, "2022-09": -0.23, "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": -0.12, "2025-09": -0.1, "2025-12": 0, "2026-03": 0,
Last SUE: 0.61
Qual. Beats: 0
Revenue Revenue of JMIA over the last years for every Quarter: 2021-03: 38.799963, 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 -5.5 is critical

Altman Z'' -15.00 < 1.0 - financial distress zone

Choppy Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: JMIA Jumia Technologies

Jumia Technologies AG operates a diversified e-commerce ecosystem primarily serving the African continent, with additional operations in Europe and the United Arab Emirates. The company’s business model integrates a third-party marketplace with proprietary logistics and payment solutions, facilitating transactions across categories such as consumer electronics, fashion, and fast-moving consumer goods.

As a provider of broadline retail services in emerging markets, Jumia navigates high logistics complexity by managing its own delivery network to overcome infrastructure deficits. The company’s payment branch serves as a critical fintech component, addressing low credit card penetration rates by providing secure digital transaction processing for its users. Investors looking for deeper fundamental analysis should review the latest performance metrics on ValueRay.

Formerly known as Africa Internet Holding GmbH, the Berlin-headquartered firm serves a diverse client base ranging from individual consumers to corporate distributors. By controlling the marketplace, shipping, and payment processing, the company maintains an end-to-end vertical structure typical of regional e-commerce leaders in developing economies.

Headlines to Watch Out For
  • Currency devaluation in key African markets impacts reported revenue and purchasing power
  • Aggressive cost-cutting measures drive the company toward sustainable positive operating cash flow
  • Expansion of JumiaPay third-party services accelerates growth in the fintech segment
  • Regulatory shifts and political instability in Nigeria and Egypt create operational volatility
  • Logistics network monetization through third-party delivery services improves overall platform margins
Piotroski VR-10 (Strict) 4.0
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 0.57%; Δ 5.32k% > 0.5%)
Asset Turnover: 141.7% > 50% (prev 88.61%; Δ 53.11% > 0%)
Interest Coverage Ratio: -5.54 > 6 (EBITDA TTM -44.0m / 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: -17.89 (Book Value of Equity -1.78b / Total Liabilities 99.4m)
Altman-Z'' = -86.56 = D
Beneish M -3.67
DSRI: 0.58 (Receivables 16.8m/22.0m, Revenue 203.2m/154.9m)
GMI: 1.06 (GM 53.74% / 56.99%)
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 = -3.67 (Cap -4..+1) = AAA
What is the price of JMIA shares?

As of May 25, 2026, the stock is trading at USD 6.97 with a total of 1,754,111 shares traded.
Over the past week, the price has changed by -0.43%, over one month by -2.38%, over three months by -17.51% and over the past year by +103.21%.

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 14.7 110.6%
Jumia Technologies (JMIA) - Fundamental Data Overview as of 23 May 2026
Market Cap USD = 855.8m (855.8m USD * 1.0 USD.USD)
P/S = 4.5298
P/B = 65.4698
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 = 854.5m USD (855.8m + Debt 21.4m - CCE 22.7m)
Interest Coverage Ratio = -5.54 (Ebit TTM -52.1m / Interest Expense TTM 9.41m)
EV/FCF = -15.95x (Enterprise Value 854.5m / FCF TTM -53.6m)
FCF Yield = -6.27% (FCF TTM -53.6m / Enterprise Value 854.5m)
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 = 7.63 (Enterprise Value 854.5m / Total Assets 112.0m)
Interest Expense / Debt = 43.99% (Interest Expense 9.41m / Debt 21.4m)
Taxrate = 21.0% (US 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 = -2.74% (Net Income TTM -62.6m / Total Stockholder Equity 2.28b)
RoCE = -2.28% (EBIT -52.1m / Capital Employed (Equity 2.28b + L.T.Debt 6.67m))
 RoIC = -178.3% (out of range, set to none) (NOPAT -41.1m / Invested Capital 23.1m)
 WACC = 20.41% (E(855.8m)/V(877.2m) * Re(20.05%) + D(21.4m)/V(877.2m) * Rd(43.99%) * (1-Tc(0.21)))
Discount Rate = 20.05% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 5.11 | Cagr: -19.59%
 [DCF] Fair Price = unknown (Cash Flow -53.6m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.61 | # 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=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.09 | Chg30d=+0.00% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=-0.26 | Chg30d=-20.57% | Revisions=-20% | GrowthEPS=+39.9% | GrowthRev=+26.9%
EPS next Year (2027-12-31): EPS=-0.08 | Chg30d=-100.00% | Revisions=N/A | GrowthEPS=+67.1% | GrowthRev=+24.5%