Jumia Technologies AG (JMIA) intrinsic value & 10-year financials
Jumia Technologies AG (JMIA) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 9 fiscal years revenue grew 0.8% a year to $188.9M, with an average return on invested capital of -773.5%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $188.9M
- Revenue growth (9-yr CAGR)
- 0.8%
- ROIC (10-yr avg)
- -773.5%
- Free cash flow (FY2025)
- -$52.6M
JMIA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $188.9M | -$61.5M | -$0.25 | -$52.6M | -33.5% | -4344.2% |
| FY2024 | $167.5M | -$99.1M | -$0.45 | -$60.9M | -39.4% | -162.1% |
| FY2023 | $186.4M | -$104.2M | -$0.52 | -$75.2M | -39.3% | -94.1% |
| FY2022 | $221.9M | -$238.3M | -$1.19 | -$251.3M | -102.3% | -106.9% |
| FY2021 | $177.9M | -$226.9M | -$1.17 | -$178.3M | -135.4% | -216.6% |
| FY2020 | $159.4M | -$183.7M | -$1.14 | -$114.7M | -106.9% | 555.9% |
| FY2019 | $179.5M | -$254.2M | -$1.80 | -$210.7M | -142.1% | -1046.8% |
| FY2018 | — | — | — | — | — | — |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Jumia Technologies AG revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Jumia Technologies AG has historically struggled to out-earn its cost of capital, averaging just -36.2% ROIC.
Jumia Technologies AG has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Jumia Technologies AG is modeled at 0.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-2.20 per share.