Overview Dividends

(JMIA) Jumia Technologies - Ratings and Ratios

Exchange: NYSE • Country: Germany • Currency: USD • Type: Common Stock • ISIN: US48138M1053

Marketplace, Logistics, Payments, Digital, Lifestyle

Broadline Retail
Market Cap in USD: 1,233m
IPO / Inception: 2019-04-12
Return 12m vs S&P 500: 199%

EPS (Earnings per Share)

EPS (Earnings per Share) of JMIA over the last years for every Quarter: "2020-12": -0.28, "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,
EPS CAGR: 161.63%
EPS Trend: 75.9%
Last SUE: 0.85
Qual. Beats: 1

Revenue

Revenue of JMIA over the last years for every Quarter: 2020-12: 69.69835, 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: null,
Rev. CAGR: -7.87%
Rev. Trend: -60.8%
Last SUE: 0.34
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 87.9%
Value at Risk 5%th 125%
Relative Tail Risk -13.62%
Reward TTM
Sharpe Ratio 1.79
Alpha 227.03
CAGR/Max DD 0.62
Character TTM
Hurst Exponent 0.396
Beta 2.161
Beta Downside 2.494
Drawdowns 3y
Max DD 88.12%
Mean DD 42.81%
Median DD 38.98%

Description: JMIA Jumia Technologies December 01, 2025

Jumia Technologies AG (NYSE:JMIA) runs a multi-segment e-commerce platform that links sellers to consumers across Africa, Europe, the UAE and other markets. Its offering combines a marketplace for categories ranging from electronics to FMCG, an in-house logistics arm that handles last-mile delivery, and JumiaPay-a payment layer built on licensed providers to process transactions and digital services such as bill-pay and airtime top-up. The company, incorporated in 2012 and rebranded from Africa Internet Holding GmbH in 2019, is headquartered in Berlin and classified under Broadline Retail.

Recent public filings indicate that Jumia generated roughly $1.4 billion in gross merchandise volume (GMV) in FY 2023, with an active customer base estimated at 6.5 million users-a modest increase of about 8 % year-over-year. Growth is being driven by rising mobile-internet penetration (≈5 % YoY in its core markets) and expanding adoption of digital payments, while macro-economic headwinds such as high inflation and currency volatility in several African economies remain material risk factors. The logistics network now covers over 12,000 km of delivery routes, helping to improve order-to-delivery times and reduce reliance on third-party couriers.

For a data-rich, quantitative deep-dive on JMIA’s valuation dynamics, the ValueRay platform provides a useful starting point.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (-70.8m TTM) > 0 and > 6% of Revenue (6% = 10.4m TTM)
FCFTA -0.54 (>2.0%) and ΔFCFTA -34.64pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 11.65% (prev 52.57%; Δ -40.91pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.50 (>3.0%) and CFO -72.7m <= Net Income -70.8m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 1.20 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (122.5m) change vs 12m ago 0.0% (target <= -2.0% for YES)
Gross Margin 52.82% (prev 61.16%; Δ -8.33pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 94.52% (prev 75.81%; Δ 18.70pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -11.44 (EBITDA TTM -87.6m / Interest Expense TTM 8.37m) >= 6 (WARN >= 3)

Altman Z'' -69.64

(A) 0.14 = (Total Current Assets 119.6m - Total Current Liabilities 99.4m) / Total Assets 144.3m
(B) -15.39 = Retained Earnings (Balance) -2.22b / Total Assets 144.3m
warn (B) unusual magnitude: -15.39 — check mapping/units
(C) -0.52 = EBIT TTM -95.7m / Avg Total Assets 183.3m
(D) -16.07 = Book Value of Equity -1.76b / Total Liabilities 109.3m
Total Rating: -69.64 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 38.38

1. Piotroski 3.0pt
2. FCF Yield -6.67%
3. FCF Margin -44.79%
4. Debt/Equity 0.35
5. Debt/Ebitda 0.79
7. RoE -115.7%
8. Rev. Trend -60.78%
9. EPS Trend 75.93%

What is the price of JMIA shares?

As of January 08, 2026, the stock is trading at USD 14.25 with a total of 3,247,459 shares traded.
Over the past week, the price has changed by +14.09%, over one month by +17.19%, over three months by +19.85% and over the past year by +254.48%.

Is JMIA a buy, sell or hold?

Jumia Technologies has received a consensus analysts rating of 2.00. Therefor, it is recommend to sell JMIA.
  • Strong Buy: 0
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the JMIA price?

Issuer Target Up/Down from current
Wallstreet Target Price 11.3 -20.7%
Analysts Target Price 11.3 -20.7%
ValueRay Target Price 13.6 -4.6%

JMIA Fundamental Data Overview January 04, 2026

Market Cap USD = 1.23b (1.23b USD * 1.0 USD.USD)
P/S = 9.0703
P/B = 43.1044
Beta = 2.301
Revenue TTM = 173.2m USD
EBIT TTM = -95.7m USD
EBITDA TTM = -87.6m USD
Long Term Debt = 8.12m USD (from longTermDebt, two quarters ago)
Short Term Debt = 4.31m USD (from shortTermDebt, last quarter)
Debt = 12.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -69.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.16b USD (1.23b + Debt 12.5m - CCE 82.5m)
Interest Coverage Ratio = -11.44 (Ebit TTM -95.7m / Interest Expense TTM 8.37m)
FCF Yield = -6.67% (FCF TTM -77.6m / Enterprise Value 1.16b)
FCF Margin = -44.79% (FCF TTM -77.6m / Revenue TTM 173.2m)
Net Margin = -40.86% (Net Income TTM -70.8m / Revenue TTM 173.2m)
Gross Margin = 52.82% ((Revenue TTM 173.2m - Cost of Revenue TTM 81.7m) / Revenue TTM)
Gross Margin QoQ = 52.11% (prev 52.45%)
Tobins Q-Ratio = 8.06 (Enterprise Value 1.16b / Total Assets 144.3m)
Interest Expense / Debt = 11.49% (Interest Expense 1.44m / Debt 12.5m)
Taxrate = -1.46% (negative due to tax credits) (258.0k / -17.7m)
NOPAT = -97.1m (EBIT -95.7m * (1 - -1.46%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 1.20 (Total Current Assets 119.6m / Total Current Liabilities 99.4m)
Debt / Equity = 0.35 (Debt 12.5m / totalStockholderEquity, last quarter 35.5m)
Debt / EBITDA = 0.79 (negative EBITDA) (Net Debt -69.0m / EBITDA -87.6m)
Debt / FCF = 0.89 (negative FCF - burning cash) (Net Debt -69.0m / FCF TTM -77.6m)
Total Stockholder Equity = 61.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -49.06% (Net Income -70.8m / Total Assets 144.3m)
RoE = -115.7% (Net Income TTM -70.8m / Total Stockholder Equity 61.2m)
RoCE = -138.1% (out of range, set to none) (EBIT -95.7m / Capital Employed (Equity 61.2m + L.T.Debt 8.12m))
RoIC = -144.1% (out of range, set to none) (NOPAT -97.1m / Invested Capital 67.4m)
WACC = 13.96% (E(1.23b)/V(1.25b) * Re(13.98%) + D(12.5m)/V(1.25b) * Rd(11.49%) * (1-Tc(-0.01)))
Discount Rate = 13.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.88%
Fair Price DCF = unknown (Cash Flow -77.6m)
EPS Correlation: 75.93 | EPS CAGR: 161.6% | SUE: 0.85 | # QB: 1
Revenue Correlation: -60.78 | Revenue CAGR: -7.87% | SUE: 0.34 | # QB: 0
EPS next Year (2026-12-31): EPS=-0.17 | Chg30d=+0.001 | Revisions Net=+1 | Growth EPS=+30.4% | Growth Revenue=+21.7%

Additional Sources for JMIA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle