Jumia Technologies AG (HAM:4JMA) Operating Margin %: -27.44% (As of Mar. 2026)


HAM:4JMA Jumia Technologies AG HAM:4JMA
64 GF Score
Price €5.52
GF Value €3.90
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Jumia Technologies AG Operating Margin %?

Jumia Technologies AG HAM:4JMA -1.43% 64 Operating Margin % is -27.44% as of Mar. 2026. GuruFocus rates HAM:4JMA with a GF Score™ of 64/100 and a GF Value™ of €3.90 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Jumia Technologies AG ranks worse than 95.12% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Jumia Technologies AG's Operating Income for the three months ended in Mar. 2026 was €-12.0 Mil. Jumia Technologies AG's Revenue for the three months ended in Mar. 2026 was €43.7 Mil. Therefore, Jumia Technologies AG's Operating Margin % for the quarter that ended in Mar. 2026 was -27.44%.

Good Sign:

Jumia Technologies AG operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Jumia Technologies AG's Operating Margin % or its related term are showing as below:

HAM:4JMA' s Operating Margin % Range Over the Past 10 Years
Min: -160.87   Med: -102.93   Max: -28.13
Current: -28.13


HAM:4JMA's Operating Margin % is ranked worse than
95.12% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.905 vs HAM:4JMA: -28.13

Jumia Technologies AG's 5-Year Average Operating Margin % Growth Rate was 25.50% per year.

Jumia Technologies AG's Operating Income for the three months ended in Mar. 2026 was €-12.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €-49.2 Mil.


Jumia Technologies AG  (HAM:4JMA) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Jumia Technologies AG Operating Margin % Related Terms


Jumia Technologies AG Operating Margin % Historical Data

* Premium members only.

The historical data trend for Jumia Technologies AG's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jumia Technologies AG Operating Margin % Chart

Jumia Technologies AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only -131.04 -94.00 -38.87 -38.38 -32.79

Jumia Technologies AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -51.45 -36.20 -38.13 -15.27 -27.44

HAM:4JMA vs LQDT, TDUP, BBBY: Operating Margin % Comparison

For the Internet Retail subindustry, Jumia Technologies AG's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jumia Technologies AG Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jumia Technologies AG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Jumia Technologies AG's Operating Margin % falls into.


HAM:4JMA
64GF Score
Jumia Technologies AG HAM:4JMA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jumia Technologies AG Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Jumia Technologies AG's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-52.91 / 161.346
=-32.79 %

Jumia Technologies AG's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-11.999 / 43.736
=-27.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -27.44% mean?
Jumia Technologies AG (HAM:4JMA) has a Operating Margin % of -27.44% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Jumia Technologies AG and its competitors. According to the industry distribution chart, Jumia Technologies AG ranks #1073 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 95.1%.
Is Jumia Technologies AG's Operating Margin % too high?
Jumia Technologies AG's current Operating Margin % is -27.44%. Based on the distribution chart, Jumia Technologies AG ranks #1073 out of 1128 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Jumia Technologies AG has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jumia Technologies AG's Operating Margin % compare to LQDT and TDUP?
According to the Retail - Cyclical industry distribution chart, Jumia Technologies AG ranks #1073 out of 1128 companies for Operating Margin %. This places Jumia Technologies AG in the lower half of its industry. The industry median Operating Margin % is 3.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Jumia Technologies AG and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jumia Technologies AG's current Operating Margin % is -27.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jumia Technologies AG stock overvalued right now?
Based on GuruFocus' analysis, Jumia Technologies AG (HAM:4JMA) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.90, compared to a current price of €5.52 — trading 41.5% above its estimated fair value. The current Operating Margin % is -27.44%. Jumia Technologies AG's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Jumia Technologies AG (HAM:4JMA), the current Operating Margin % is -27.44% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jumia Technologies AG (HAM:4JMA) Overvalued in 2026?

Based on GuruFocus' analysis, Jumia Technologies AG stock appears to be overvalued. The current stock price of €5.52 is trading 41.5% above its estimated GF Value™ of €3.90. GuruFocus considers Jumia Technologies AG to be Significantly Overvalued.

Key valuation signals for HAM:4JMA:

  • Operating Margin %: -27.44%
  • GF Value™: €3.90 vs. price of €5.52 (41.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the HAM:4JMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jumia Technologies AG Business Description

Address Skalitzer Strasse 104, Berlin, BB, DEU, 10997
Jumia Technologies AG is the pan-African e-commerce platform. The company's platform consists of a marketplace that connects sellers with consumers. The logistics services of the company enables the shipment and delivery of packages from sellers to consumers, and the company's payment service facilitates transactions among participants active on its platform in selected markets. The company generates revenue from first-party sales, third-party sales, marketing and advertising, and the provision of other services. Its geographical segments are West Africa, North Africa, East & South Africa, Europe, and United Arab Emirates. The firm generates majority of its revenue from the West Africa segment.
64GF Score

Get the complete analysis for HAM:4JMA

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.52
Price
€3.90
GF Value