理性看待是否入场Jumia

2019-04-17

$Jumia Technologies AG(JMIA)$

昨天收盘前卖掉了，今天在纠结是否还能入场的时候做了以下粗略的分析，以下是简略比较三家公司的运营数据和最新估值倍数：

($ in mn)	Amazon	Alibaba	Jumia
Operating Metrics
GMV	292,826	768,000	949
Take rate	25.2%	4.2%	15.8%
Annual Active Consumer	310	636	4
Average Spending per Person (on Products)	945	1,208	237

Financial
Core Commerce Revenue	207,231	32,427	150
Yoy growth	29.2%	59.9%	38.9%

Valuation Multiples
Core Commerce EV	414,462	455,000	3,859
EV/GMV	1.4x	0.6x	4.1x
EV/Consumer	1,337.0x	715.4x	964.8x
EV/Core Commerce Rev	2.0x	14.0x	25.7x

以上倍数是假定Jumia的价格为50的情况下，运营倍数已经远超合理范围。现在要滚回去加班，回来如果有人看的话就再多写两句。。。

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

爱发红包的虎妞
2019-04-22
爱发红包的虎妞
Hello，初次加精有小礼物送，请加虎妞微信tigerbrokers领取
chasedream
2019-04-17
chasedream
现在都是炒概念嘛真正向上突破还得看业绩
feelond
2019-04-18
feelond
趁热早点跑
复兴计划
2019-04-17
复兴计划
理性只能[看跌]

发表看法

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EV/Consumer 1,337.0x 715.4x 964.8x EV/Core Commerce Rev 2.0x 14.0x 25.7x 以上倍数是假定Jumia的价格为50的情况下，运营倍数已经远超合理范围。现在要滚回去加班，回来如果有人看的话就再多写两句。。。","highlighted":1,"essential":2,"paper":2,"likeSize":4,"commentSize":4,"repostSize":4,"favoriteSize":0,"link":"https://laohu8.com/post/900186744","repostId":0,"isVote":1,"tweetType":1,"viewCount":9931,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["JMIA"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":608,"xxTargetLangEnum":"ZH_CN"},"commentList":[{"id":1501023,"commentId":"1501023","gmtCreate":1555944949035,"gmtModify":1555944949035,"authorId":20722186463466,"author":{"id":20722186463466,"idStr":"20722186463466","authorId":20722186463466,"name":"爱发红包的虎妞","avatar":"https://static.tigerbbs.com/acf27be178fbc21279d1959ce5bec4e7","vip":4,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":900186744,"objectIdStr":"900186744","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Hello，初次加精有小礼物送，请加虎妞微信tigerbrokers领取","text":"Hello，初次加精有小礼物送，请加虎妞微信tigerbrokers领取","html":"Hello，初次加精有小礼物送，请加虎妞微信tigerbrokers领取","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":1491297,"commentId":"1491297","gmtCreate":1555513087096,"gmtModify":1555513087096,"authorId":3518450849804840,"author":{"id":3518450849804840,"idStr":"3518450849804840","authorId":3518450849804840,"name":"chasedream","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":900186744,"objectIdStr":"900186744","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"现在都是炒概念嘛 真正向上突破还得看业绩","text":"现在都是炒概念嘛 真正向上突破还得看业绩","html":"现在都是炒概念嘛 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