JMIA - Jumia: Positive Outlook But Appears Fully Valued Today

2024-05-09 02:23:06 ET

Summary

• Jumia is an e-commerce company focused on the Pan-African market, with operations in 11 countries in Africa.
• The company has seen significant improvements in profitability and operating cash flow, resulting in a doubling of its share price in the past year.
• Despite positive trends, JMIA stock may be fully valued and much of the upside potential may have already been priced in.

Jumia ( JMIA ) is an e-commerce company focusing on the Pan-African market, founded in 2012. Since a few years ago, it has also made an expansion into logistics and payment businesses. The company generates the majority of its revenue from the operations in West and North Africa. As per its 20F , JMIA serves 11 countries in Africa today....

For further details see: