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MDJM

Nasdaq:MDJH
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MDJH
Nasdaq
$27M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

MDJM Ltd., through its subsidiaries and variable interest entity, operates as an integrated real estate services company in China. The last earnings update was 28 days ago. More info.


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  • MDJM has significant price volatility in the past 3 months.
MDJH Share Price and Events
7 Day Returns
-25.9%
NasdaqCM:MDJH
-0.8%
US Real Estate
0.2%
US Market
1 Year Returns
-
NasdaqCM:MDJH
-16.5%
US Real Estate
2.9%
US Market
MDJH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MDJM (MDJH) -25.9% -32.3% -41.3% - - -
US Real Estate -0.8% -6.9% -9.9% -16.5% 14.5% 1%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • No trading data on MDJH.
  • No trading data on MDJH.
Price Volatility
Industry
5yr Volatility vs Market

MDJH Value

 Is MDJM undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for MDJM. This is due to cash flow or dividend data being unavailable. The share price is $2.29.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MDJM's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MDJM's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:MDJH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.05
NasdaqCM:MDJH Share Price ** NasdaqCM (2019-05-23) in USD $2.29
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.11x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MDJM.

NasdaqCM:MDJH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:MDJH Share Price ÷ EPS (both in USD)

= 2.29 ÷ -0.05

-46.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MDJM is loss making, we can't compare its value to the US Real Estate industry average.
  • MDJM is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does MDJM's expected growth come at a high price?
Raw Data
NasdaqCM:MDJH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -46.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
48%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.45x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MDJM, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MDJM's assets?
Raw Data
NasdaqCM:MDJH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.79
NasdaqCM:MDJH Share Price * NasdaqCM (2019-05-23) in USD $2.29
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.51x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
NasdaqCM:MDJH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:MDJH Share Price ÷ Book Value per Share (both in USD)

= 2.29 ÷ 0.79

2.91x

* Primary Listing of MDJM.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MDJM is overvalued based on assets compared to the US Real Estate industry average.
X
Value checks
We assess MDJM's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. MDJM has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MDJH Future Performance

 How is MDJM expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover MDJM, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
48%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MDJM expected to grow at an attractive rate?
  • MDJM's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • MDJM's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare MDJM's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:MDJH Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:MDJH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 48%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 4.3%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:MDJH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:MDJH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 2 -1 -1
2018-09-30 3 0 0
2018-06-30 3 0 0
2018-03-31 4 1 0
2017-12-31 6 1 1
2016-12-31 5 0 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MDJM's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if MDJM is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:MDJH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from MDJM Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:MDJH Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.04
2018-06-30 -0.04
2018-03-31 0.04
2017-12-31 0.11
2016-12-31 0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if MDJM will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess MDJM's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MDJM has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MDJH Past Performance

  How has MDJM performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MDJM's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MDJM does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare MDJM's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MDJM's 1-year growth to the US Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
MDJM's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MDJM Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:MDJH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2.41 -0.52 2.96
2018-09-30 2.81 -0.44 3.18
2018-06-30 3.21 -0.37 3.39
2018-03-31 4.37 0.40 3.66
2017-12-31 5.53 1.17 3.94
2016-12-31 5.30 1.00 4.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if MDJM has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if MDJM has efficiently used its assets last year compared to the US Real Estate industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if MDJM improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess MDJM's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MDJM has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MDJH Health

 How is MDJM's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MDJM's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MDJM is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MDJM has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MDJM's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • MDJM has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MDJM Company Filings, last reported 4 months ago.

NasdaqCM:MDJH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8.18 0.00 6.69
2018-09-30 8.18 0.00 6.69
2018-06-30 3.96 0.00 1.49
2018-03-31 3.96 0.00 1.49
2017-12-31 4.79 0.00 3.12
2016-12-31 3.35 0.00 1.66
  • MDJM has no debt.
  • MDJM has not taken on any debt in the past 5 years.
  • MDJM has no debt, it does not need to be covered by operating cash flow.
  • MDJM has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess MDJM's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MDJM has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MDJH Dividends

 What is MDJM's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MDJM dividends.
If you bought $2,000 of MDJM shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MDJM's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MDJM's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:MDJH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MDJM has not reported any payouts.
  • Unable to verify if MDJM's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MDJM's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MDJM has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MDJM's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MDJM afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MDJM has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MDJH Management

 What is the CEO of MDJM's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Siping Xu
AGE 40
TENURE AS CEO 1.3 years
CEO Bio

Mr. Siping Xu serves as Chairman & Chief Executive Officer at MDJM Ltd.

CEO Compensation
  • Insufficient data for Siping to compare compensation growth.
  • Insufficient data for Siping to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Siping Xu

TITLE
CEO & Chairman
AGE
40
TENURE
1.3 yrs

Mengnan Wang

TITLE
Chief Financial Officer
AGE
38
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the MDJM board of directors in years:

1
Average Tenure
40
Average Age
  • The average tenure for the MDJM board of directors is less than 3 years, this suggests a new board.
Board of Directors

Siping Xu

TITLE
CEO & Chairman
AGE
40
TENURE
1.3 yrs

Chunhui Sun

TITLE
Independent Director
AGE
31
TENURE
1 yrs

Wei Guan

TITLE
Independent Director
AGE
48
TENURE
1 yrs

Liding Sun

TITLE
Independent Director
AGE
46
TENURE
1 yrs

Yang Li

TITLE
Director
AGE
39
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess MDJM's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MDJM has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MDJH News

Simply Wall St News

What Kind Of Investor Owns Most Of MDJM Ltd. (NASDAQ:MDJH)?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' With a market capitalization of US$34m, MDJM is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that institutional investors have not yet purchased shares. … Insider Ownership Of MDJM The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

MDJH Company Info

Description

MDJM Ltd., through its subsidiaries and variable interest entity, operates as an integrated real estate services company in China. It offers real estate agency services to real estate developers; real estate consulting services, such as integrated marketing planning, advertising planning and strategy, and sales planning strategy for real estate developers, real estate design institutes and agencies, urban planning bureaus of various levels of governments, and urban rail transportation companies, as well as urban infrastructure development companies; and independent training services for real estate developers. The company was formerly known as MDJLEAD LTD. and changed its name to MDJM Ltd. in May 2018. MDJM Ltd. was founded in 2002 and is based in Tianjin, China.

Details
Name: MDJM Ltd.
MDJH
Exchange: NasdaqCM
Founded: 2002
$26,657,477
11,640,820
Website: http://www.mdjhchina.com
Address: MDJM Ltd.
Saidun Center,
Suite C-1505,
Tianjin,
Tianjin Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM MDJH Ordinary Shares Nasdaq Capital Market US USD 08. Jan 2019
Number of employees
Current staff
Staff numbers
129
MDJM employees.
Industry
Real Estate Services
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:56
End of day share price update: 2019/05/23 00:00
Last earnings filing: 2019/04/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.