Daily Journal Corporation (DJCO)
Technology · NCM
Fundamentals
Valuation and ratings
Daily Journal Corporation trades at USD596.40, which is 35% above the USD388.08 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 47 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 58.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
DJCO earnings and analyst estimates
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Daily Journal Corporation
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 a newspaper representative for public notice advertising. In addition, the company offers case management software systems and related products, including eCourt, eProsecutor, eDefender, and eSupervision, which are browser-based case processing systems; eFile-it, a browser-based interface that allows attorneys and the public to electronically file documents with the court; and ePay-it, a service primarily for the online payment of traffic citations. Further, 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 the public. Daily Journal Corporation was incorporated in 1987 and is based in Los Angeles, California.
DJCO passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- D. E. Shaw, D. E. Shaw & Co., Inc.$7.76M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$7.15M · 0.0% of book
- Guy Spier, Aquamarine Zurich AG$6.91M · 4.8% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$6.45M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$2.04M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Daily Journal Corporation (DJCO) undervalued?
Against our discounted cash flow estimate of USD388.08, DJCO at USD596.40 is 35% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own DJCO?
5 of the institutions we track reported a position in DJCO in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is DJCO's P/E ratio?
DJCO trades at 58.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
When does DJCO report earnings next?
Daily Journal Corporation is scheduled to report on 13 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for DJCO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.