• Triton

What’s up with Jumia?

With a 5.02 Triton Score, Jumia was one of the lowest Scores ever, the 4th percentile. The Company loses $172m of EBITDA on $150m of revenue, is only growing at 39% annually, and its small IPO priced without drama in the middle of the range. So even though it’s off 27% from its high, why is this stock up 148% from its IPO?

We’ve seen companies trade against their Scores before, and usually market prices adjust over time as we’d expect.  But this one stands out as a real outlier, and either it is terribly mispriced or there is something about this company that our Scoring system doesn’t capture.

270 Lafayette Street
New York City 10012



Add me to Triton's mailing list