Jumia Technologies (NYSE:JMIA) - Share price, News & Analysis

JMIA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

JMIA Stock Overview

Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally.

Rewards

Trading at 90.6% below our estimate of its fair value

Revenue is forecast to grow 29.34% per year

Risk Analysis

Highly volatile share price over the past 3 months

Currently unprofitable and not forecast to become profitable over the next 3 years

Jumia Technologies Competitors

Amazon.com

NasdaqGS:AMZN

US$1.2t

ASOS

LSE:ASC

UK£1.5b

Price History & Performance

Summary of all time highs, changes and price drops for Jumia Technologies
Historical stock prices
Current Share Price	US$7.29
52 Week High	US$33.87
52 Week Low	US$4.48
Beta	3.24
1 Month Change	-4.21%
3 Month Change	-17.44%
1 Year Change	-75.03%
3 Year Change	-72.62%
5 Year Change	n/a
Change since IPO	-71.37%

Recent News & Updates

May 22

Jumia Technologies: Celebrating The 10-Year Anniversary With Plans For Future Profitability

A stock market unwilling to pay for risk and future potential has driven Jumia Technologies to a rock-bottom valuation. With a bettered stock and a 10-year anniversary, management chose a good time to pivot to a message about future profitability. Accelerating growth trends support Jumia's profit narrative, but declining average order volumes require ongoing acceleration in order growth and purchase frequency. Jumia Technologies plans to rely on consumer essentials to ride out macro headwinds.

Apr 05

Jumia Technologies' (NYSE:JMIA) Latest Partnership Won't Solve the Largest Ongoing Problem

In the last 12 months, Jumia Technologies(NYSE: JMIA) investors went through a lot of pain as the stock lost 90% of its value from its peak. While the sector lost some steam (especially in the latter part of the year), the company certainly didn't help by missing expectations on the last 4 out of 5 earnings reports. Yet, the African market has undoubtedly great potential, and the latest partnership with UPS might be the catalyst to turn the boat around.

Apr 05

Jumia's Partnership With UPS Is A Power Move

Jumia shares shot up 25% on April 4th in response to news of the company's latest partnership with UPS. The company's recent earnings report showed improvements. The UPS partnership is simply a bonus. Profitability is still a question mark for the African e-commerce company. But I do like where Jumia is heading. Still a risky long-term play, Jumia could wind up being a multi-bagger for investors down the road. It'll be interesting to see if Jumia shares retreat from this one-day spark or continue in an upward path.

Mar 08

Jumia: Best Growth Quarter Yet, But Question Marks Remain

Jumia shares have been falling at a red-hot pace in recent months. Jumia's fourth quarter earnings report shows promise, but profitability is still greatly out of sight. Africa's ecommerce market is set to grow at a rapid rate, but many investors wonder if Jumia is ready for what lies ahead. JMIA stock valuation has came back to earth after souring to excessive highs, making it a worthy consideration today.

Shareholder Returns

	JMIA	US Online Retail	US Market
7D	8.5%	7.4%	5.9%
1Y	-75.0%	-39.7%	-10.2%

Return vs Industry: JMIA underperformed the US Online Retail industry which returned -45% over the past year.

Return vs Market: JMIA underperformed the US Market which returned -15.1% over the past year.

Price Volatility

Is JMIA's price volatile compared to industry and market?
JMIA volatility
JMIA Average Weekly Movement	18.0%
Online Retail Industry Average Movement	13.8%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	2.9%

Stable Share Price: JMIA is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: JMIA's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2012	4,484	Jeremy Hodara	https://group.jumia.com

Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. The company’s platform consists of marketplace that connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets. Its marketplace offers various products in a range of categories, such as fashion and apparel, beauty and personal care, home and living, fast moving consumer goods, smartphones, and other electronics, as well as access to various services, including restaurant food delivery, airtime recharge, and utility bills payment services.

Jumia Technologies Fundamentals Summary

How do Jumia Technologies's earnings and revenue compare to its market cap?
JMIA fundamental statistics
Market Cap	US$728.10m
Earnings (TTM)	-US$271.39m
Revenue (TTM)	US$192.54m

3.8x

P/S Ratio

-2.7x

P/E Ratio

Is JMIA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
JMIA income statement (TTM)
Revenue	US$192.54m
Cost of Revenue	US$78.90m
Gross Profit	US$113.64m
Other Expenses	US$385.03m
Earnings	-US$271.39m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-2.72
Gross Margin	59.02%
Net Profit Margin	-140.95%
Debt/Equity Ratio	0%

How did JMIA perform over the long term?

See historical performance and comparison

Valuation

Is Jumia Technologies undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: JMIA ($7.29) is trading below our estimate of fair value ($77.6)

Significantly Below Fair Value: JMIA is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: JMIA is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US Online Retail industry average.

PE vs Market: JMIA is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JMIA's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: JMIA is overvalued based on its Price-To-Book Ratio (2.1x) compared to the US Online Retail industry average (1.8x).

Future Growth

How is Jumia Technologies forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

23.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: JMIA is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: JMIA is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: JMIA is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: JMIA's revenue (29.3% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: JMIA's revenue (29.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if JMIA's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Jumia Technologies performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-0.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JMIA is currently unprofitable.

Growing Profit Margin: JMIA is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: JMIA is unprofitable, and losses have increased over the past 5 years at a rate of 0.8% per year.

Accelerating Growth: Unable to compare JMIA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JMIA is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-8.3%).

Return on Equity

High ROE: JMIA has a negative Return on Equity (-78.88%), as it is currently unprofitable.

Financial Health

How is Jumia Technologies's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: JMIA's short term assets ($479.4M) exceed its short term liabilities ($149.6M).

Long Term Liabilities: JMIA's short term assets ($479.4M) exceed its long term liabilities ($9.9M).

Debt to Equity History and Analysis

Debt Level: JMIA is debt free.

Reducing Debt: JMIA had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: JMIA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: JMIA has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 1.1% each year.

Dividend

What is Jumia Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate JMIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate JMIA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if JMIA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JMIA's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as JMIA has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

10.3yrs

Average management tenure

CEO

Jeremy Hodara (40 yo)

10.33yrs

Tenure

Mr. Jeremy Hodara serves as Co-Chief Executive Officer and Member of Management Board at Jumia Technologies AG since 2012. He Co-founded Jumia Technologies AG in 2012. He Co-founded Jumia Group Limited in...

Leadership Team

Experienced Management: JMIA's management team is seasoned and experienced (10.3 years average tenure).

Board Members

Experienced Board: JMIA's board of directors are considered experienced (3.3 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/27 00:00
End of Day Share Price	2022/05/27 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31