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Daily Journal Corp (DJCO)



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Upturn Advisory Summary
04/01/2025: DJCO (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -5.21% | Avg. Invested days 58 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 545.10M USD | Price to earnings Ratio 7.13 | 1Y Target Price - |
Price to earnings Ratio 7.13 | 1Y Target Price - | ||
Volume (30-day avg) 17706 | Beta 0.9 | 52 Weeks Range 333.29 - 602.00 | Updated Date 04/2/2025 |
52 Weeks Range 333.29 - 602.00 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 55.49 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 106.63% | Operating Margin (TTM) 7.38% |
Management Effectiveness
Return on Assets (TTM) 1.05% | Return on Equity (TTM) 30.39% |
Valuation
Trailing PE 7.13 | Forward PE - | Enterprise Value 181241249 | Price to Sales(TTM) 7.61 |
Enterprise Value 181241249 | Price to Sales(TTM) 7.61 | ||
Enterprise Value to Revenue 2.53 | Enterprise Value to EBITDA 1.71 | Shares Outstanding 1377430 | Shares Floating 1245634 |
Shares Outstanding 1377430 | Shares Floating 1245634 | ||
Percent Insiders 9.57 | Percent Institutions 61.96 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Daily Journal Corp

Company Overview
History and Background
Daily Journal Corp. was founded in 1888. Initially focused on legal news and publishing in California, it has diversified into software for court systems and other government entities. Charlie Munger has played a significant role in the company's investment strategy.
Core Business Areas
- Traditional Publishing: Publishes newspapers and provides legal advertising services, focusing primarily on California and Arizona. This includes notices, public records, and related information.
- Journal Technologies: Develops and sells case management software and related systems to courts and other government agencies. Products include e-filing systems, jury management tools, and other software solutions.
Leadership and Structure
Gerald L. Salzman is the Chairman and CEO. The company has a relatively small board of directors, and Charlie Munger serves as a director and plays a key role in investment decisions.
Top Products and Market Share
Key Offerings
- Competitors: Tyler Technologies (TYL), Thomson Reuters, NEC Corporation
- SustainCase: Case management software for courts and government agencies. Market share is difficult to pinpoint precisely, but Journal Technologies competes with companies like Tyler Technologies (TYL) and Thomson Reuters in the government software space. Revenue data is available in the company's SEC filings but is not broken down by individual product.
- Competitors: Local legal newspapers, online legal advertising platforms
- Legal Advertising: Provides legal advertising services in California and Arizona. Market share within this niche is significant in its geographic areas. Competitors include other local legal newspapers and online legal advertising platforms. Revenue from this segment is available in SEC filings.
Market Dynamics
Industry Overview
The legal publishing industry is facing challenges from online platforms. The government software market is growing due to increasing digitization efforts.
Positioning
Daily Journal Corp. occupies a niche position, combining traditional publishing with software solutions. Its competitive advantages lie in its established presence in legal publishing and specialized government software offerings.
Total Addressable Market (TAM)
The TAM for legal software and information is substantial. While TAM is difficult to quantify, Daily Journal is tapping into this market through its core segments. Its position is somewhat underexplored, providing expansion potential.
Upturn SWOT Analysis
Strengths
- Established presence in legal publishing
- Specialized software solutions
- Strong balance sheet with investments
- Influence of Charlie Munger
Weaknesses
- Revenue heavily reliant on declining publishing industry
- Lack of significant software market share compared to larger players
- Dependence on key personnel, notably Charlie Munger
- Limited geographical diversification
Opportunities
- Expansion of software offerings to new geographies
- Acquisitions to strengthen software capabilities
- Leveraging investments for growth
- Increased government spending on digitization
Threats
- Decline in traditional publishing revenue
- Competition from larger software companies
- Economic downturn affecting government budgets
- Changes in legal advertising regulations
Competitors and Market Share
Key Competitors
- TYL
- THOM
Competitive Landscape
Daily Journal Corp's competitive advantage is its established market and specialized software offerings, but it faces challenges from larger, more diversified companies.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth has been modest, primarily driven by the software segment and investment returns.
Future Projections: Future growth depends on the success of Journal Technologies and the performance of the company's investment portfolio. Analysts generally do not provide detailed projections for this company.
Recent Initiatives: Continued development and marketing of SustainCase and related software products. Focus on managing the investment portfolio.
Summary
Daily Journal Corp combines a traditional legal publishing business with a growing software arm. Its large investment portfolio, managed with the input of Charlie Munger, has a significant impact on profitability. Key risks include reliance on legacy publishing revenue and competition in the software market. The company's future hinges on its ability to expand its software offerings and manage its investment portfolio effectively.
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Sources and Disclaimers
Data Sources:
- SEC filings, company website, industry reports
- Yahoo Finance
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Daily Journal Corp
Exchange NASDAQ | Headquaters Los Angeles, CA, United States | ||
IPO Launch date 1992-02-25 | Interim CEO & Chairman Mr. Steven Myhill-Jones | ||
Sector Technology | Industry Software - Application | Full time employees 400 | Website https://www.dailyjournal.com |
Full time employees 400 | Website https://www.dailyjournal.com |
Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, Utah, and Australia. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, Business Journal, The Daily Transcript, and The Record Reporter. It also provides specialized information services; and serves as an advertising and newspaper representative for commercial and public notice advertising. In addition, the company offers case management software systems and related products, including eCourt, eProsecutor, eDefender, and eProbation, which are browser-based case processing systems; eFile, a browser-based interface that allows attorneys and the public to electronically file documents with the court; and ePayIt, a service primarily for the online payment of traffic citations. It provides its software systems and related products to courts; prosecutor and public defender offices; probation departments; and other justice agencies, including administrative law organizations, city and county governments, and bar associations to manage cases and information electronically, to interface with other justice partners, and to extend electronic services to bar members and the public in 32 states and internationally. Daily Journal Corporation was incorporated in 1987 and is based in Los Angeles, California.
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