Daily Journal Corp (DJCO) stock analysis
Close on Nov 12, 2026Market cap $913.58MP/E –Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed9 of 30 checks passed
Daily Journal passes 9 of the 30 checks behind our score; 11 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 2/6
- Past performance
- 1/6
- Financial health
- 6/6
- Dividend
- 0/6
What stands out
No debt
Daily Journal has no borrowings on its latest balance sheet.
Earnings grew over 5 years
Net income grew 94.4% a year on average over the last five fiscal years.
Revenue growing 10%+ a year
Revenue grew 17.5% a year over the last three fiscal years.
Interest well covered
No meaningful interest expense to cover.
What to watch
Margin of safety under 20%
The price is 28.9% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $664.11 is above our fair value estimate of $515.20.
Return on equity under 15%
Return on equity was -3.3% over the last twelve months and averaged 24.9% over five years; we look for 15% on both.
Earnings growth not accelerating
Net income grew -112% over the last twelve months, against a 5-year average of 94.4% a year.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA above its 5-year median
Daily Journal's EV/EBITDA of 35.3 is above its 5-year median of 29.3.
P/B above the industry
Daily Journal's price-to-book of 2.71 is above the Printing, Publishing, and Allied Industries median of 2.39.
Trading above fair value
The share price of $664.11 is above our fair value estimate of $515.20.
Margin of safety under 20%
The price is 28.9% above fair value, so there is no margin of safety.
Growth2/6
Revenue growing 10%+ a year
Revenue grew 17.5% a year over the last three fiscal years.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings growth not accelerating
Net income grew -112% over the last twelve months, against a 5-year average of 94.4% a year.
Growing faster than the industry
Revenue grew 23.4% over the last twelve months; the Printing, Publishing, and Allied Industries median is 1.1%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance1/6
Return on equity under 15%
Return on equity was -3.3% over the last twelve months and averaged 24.9% over five years; we look for 15% on both.
Return on invested capital
Needs operating income and invested capital.
Return on equity below the industry
Daily Journal's return on equity of -3.3% is below the Printing, Publishing, and Allied Industries median of 7.4%.
Earnings grew over 5 years
Net income grew 94.4% a year on average over the last five fiscal years.
Net margin below its 5-year average
Net margin was -11.6% over the last twelve months, against a 5-year average of 91.5%.
Net margin below the industry
Daily Journal's net margin of -11.6% is below the Printing, Publishing, and Allied Industries median of 3.6%.
Financial health6/6
No debt
Daily Journal has no borrowings on its latest balance sheet.
Debt not rising
With no debt today, leverage cannot have risen.
Debt covered by cash flow
There is no debt to cover.
Interest well covered
No meaningful interest expense to cover.
Short-term assets cover short-term debts
Current assets are 11.65 times current liabilities.
Low bankruptcy risk
The Altman Z-score is 6.47; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
Daily Journal has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$515.20
The share price is 29% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| EV/EBITDA | 19.5× | 29.3× | 9.6× | $508.79 | 78% |
| P/B | 2.2× | 2.0× | 2.4× | $537.65 | 22% |
| Earnings powerleft out, too far from the others | 8.3% cost of equity | – | – | $82.55 | – |
| Fair value | $515.20 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 10.3
- Printing, Publishing, and Allied Industries median 17.7
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $26.12M
- Value traded per 1% price move
- $19.38M
Downside
Medium risk
- Typical loss in a bad month
- 20.2%
- Volatility (annualized)
- 44%
- Sharpe ratio, 1 year
- 1.40
- Beta to the S&P 500 (5Y)
- 0.68
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +25.4% | +17.5% | +11.9% | +7.1% | |
| Operating income | +134.1% | +68.6% | – | – | |
| Net income | +43.6% | – | +94.4% | +63.7% | |
| EPS, diluted | +43.5% | – | +94.4% | +63.7% | |
| Free cash flow | – | – | +44.0% | +6.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -0.8% | 2.9% | 33.5% | |
| Return on assets | -0.5% | 1.7% | 23.6% | |
| Current ratio | 2.84 | 7.73 | 13.86 | |
| Capex to revenue | 9.1% | 0.4% | 0.0% | |
| Diluted shares | 1M | 1M | 1M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Daily Journal generated $37.05M from operations and spent $208.00K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 127.9% | 0.18× | 1.42× | 33.5% |
| FY2024 | 111.7% | 0.18× | 1.58× | 32.6% |
| FY2023 | 31.7% | 0.20× | 1.78× | 11.3% |
| FY2022 | -39.7% | 0.15× | 1.62× | -9.9% |
| FY2021 | 226.1% | 0.16× | 1.57× | 57.0% |
| FY2020 | 8.1% | 0.21× | 1.70× | 2.9% |
| FY2019 | -51.8% | 0.19× | 1.67× | -16.8% |
| FY2018 | 20.1% | 0.15× | 1.69× | 5.1% |
| FY2017 | -2.2% | 0.16× | 1.78× | -0.6% |
| FY2016 | -2.5% | 0.18× | 1.79× | -0.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$112.14M
- Cash generatingOperating cash flow above zero$13.33M
- Return on assets improvedROA up on the prior year22.0% → 27.8%
- Earnings backed by cashOperating cash flow above net income$13.33M vs $112.14M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose10.26 → 13.86
- No dilutionShare count did not rise1M → 1M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.20 → 0.22
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