NasdaqCM:DJCO

Stock Analysis Report

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Market Cap

US$463.9m

Last Updated

2021/08/02 22:28 UTC

Data Sources

Company Financials

Executive Summary

Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. More Details


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has Daily Journal's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DJCO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DJCO's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.2%

DJCO

0.7%

US Media

-0.4%

US Market


1 Year Return

16.9%

DJCO

37.9%

US Media

35.9%

US Market

Return vs Industry: DJCO underperformed the US Media industry which returned 37.9% over the past year.

Return vs Market: DJCO underperformed the US Market which returned 35.9% over the past year.


Shareholder returns

DJCOIndustryMarket
7 Day-1.2%0.7%-0.4%
30 Day1.8%-0.9%-0.3%
90 Day10.9%2.7%3.1%
1 Year16.9%16.9%39.5%37.9%38.0%35.9%
3 Year43.6%43.6%68.9%61.8%62.9%52.7%
5 Year48.0%48.0%82.5%69.4%121.3%96.9%

Long-Term Price Volatility Vs. Market

How volatile is Daily Journal's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Daily Journal undervalued compared to its fair value and its price relative to the market?

48.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DJCO ($336) is trading below our estimate of fair value ($655.22)

Significantly Below Fair Value: DJCO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DJCO is good value based on its PE Ratio (3.9x) compared to the US Media industry average (14x).

PE vs Market: DJCO is good value based on its PE Ratio (3.9x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DJCO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DJCO is overvalued based on its PB Ratio (2.2x) compared to the US Media industry average (2x).


Future Growth

How is Daily Journal forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.1%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Daily Journal has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Daily Journal performed over the past 5 years?

21.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DJCO has a large one-off gain of $153.3M impacting its March 31 2021 financial results.

Growing Profit Margin: DJCO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DJCO's earnings have grown significantly by 21.8% per year over the past 5 years.

Accelerating Growth: DJCO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DJCO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (56.9%).


Return on Equity

High ROE: DJCO's Return on Equity (55.2%) is considered outstanding.


Financial Health

How is Daily Journal's financial position?


Financial Position Analysis

Short Term Liabilities: DJCO's short term assets ($312.1M) exceed its short term liabilities ($24.8M).

Long Term Liabilities: DJCO's short term assets ($312.1M) exceed its long term liabilities ($92.3M).


Debt to Equity History and Analysis

Debt Level: DJCO's debt to equity ratio (15.8%) is considered satisfactory.

Reducing Debt: DJCO's debt to equity ratio has reduced from 25.4% to 15.8% over the past 5 years.

Debt Coverage: DJCO's debt is not well covered by operating cash flow (11.1%).

Interest Coverage: DJCO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Daily Journal current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DJCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DJCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DJCO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DJCO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DJCO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.9yrs

Average board tenure


CEO

Gerald Salzman (82 yo)

no data

Tenure

US$1,102,880

Compensation

Mr. Gerald L. Salzman has been President at Daily Journal Corporation since 1986 and serves as its Chief Executive Officer, Chief Financial Officer, Treasurer, Chief Accounting Officer, Assistant Secretary...


CEO Compensation Analysis

Compensation vs Market: Gerald's total compensation ($USD1.10M) is below average for companies of similar size in the US market ($USD1.72M).

Compensation vs Earnings: Gerald's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: DJCO's board of directors are seasoned and experienced ( 14.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Daily Journal Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Daily Journal Corporation
  • Ticker: DJCO
  • Exchange: NasdaqCM
  • Founded: 1987
  • Industry: Publishing
  • Sector: Media
  • Market Cap: US$463.931m
  • Shares outstanding: 1.38m
  • Website: https://www.dailyjournal.com

Number of Employees


Location

  • Daily Journal Corporation
  • 915 East First Street
  • Los Angeles
  • California
  • 90012
  • United States

Listings


Biography

Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 n...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/02 22:28
End of Day Share Price2021/08/02 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.