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Daily Journal Corp (DJCO)



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Upturn Advisory Summary
09/17/2025: DJCO (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit -25.73% | Avg. Invested days 41 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 577.17M USD | Price to earnings Ratio 5.46 | 1Y Target Price - |
Price to earnings Ratio 5.46 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.84 | 52 Weeks Range 359.34 - 602.00 | Updated Date 06/29/2025 |
52 Weeks Range 359.34 - 602.00 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 76.72 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 144.24% | Operating Margin (TTM) 8.2% |
Management Effectiveness
Return on Assets (TTM) 1.05% | Return on Equity (TTM) 37.54% |
Valuation
Trailing PE 5.46 | Forward PE - | Enterprise Value 159947042 | Price to Sales(TTM) 7.88 |
Enterprise Value 159947042 | Price to Sales(TTM) 7.88 | ||
Enterprise Value to Revenue 2.18 | Enterprise Value to EBITDA 1.1 | Shares Outstanding 1377430 | Shares Floating 1245634 |
Shares Outstanding 1377430 | Shares Floating 1245634 | ||
Percent Insiders 9.57 | Percent Institutions 66.14 |
Upturn AI SWOT
Daily Journal Corp

Company Overview
History and Background
Daily Journal Corp. was founded in 1888 and is headquartered in Los Angeles, California. Initially focused on publishing legal newspapers, it has evolved into a diversified company with interests in software and technology. Charlie Munger, Warren Buffett's longtime business partner, has served as chairman for many years, significantly influencing the company's investment strategy.
Core Business Areas
- Journal Publishing: Publishes newspapers covering legal and real estate news, primarily in California and Arizona.
- Software Solutions: Provides case management software and related services to courts and government agencies through its Journal Technologies division.
- Investments: Manages a significant investment portfolio consisting primarily of publicly traded stocks.
Leadership and Structure
The company is led by CEO Gerald L. Salzman. The board of directors includes notable figures like Charlie Munger (Chairman). The organizational structure consists of distinct divisions for publishing and software, with a centralized investment management function.
Top Products and Market Share
Key Offerings
- Journal Technologies: Develops and sells case management software for courts and justice agencies. While specific market share data is not publicly available, Journal Technologies competes with Tyler Technologies (TYL) and NEC Software Solutions (formerly Northgate Public Services). Revenue for this segment is a primary driver of growth.
- Daily Journal Newspaper: Publishes legal newspapers containing public notices, court information, and legal news. The market share for these publications is regional and fragmented. Competitors are other local legal publications.
Market Dynamics
Industry Overview
The legal publishing industry is undergoing a transition from print to digital. The court case management software market is experiencing growth, driven by the need for modernization and efficiency. The investment management landscape is highly competitive.
Positioning
Daily Journal Corp. holds a niche position in legal publishing and a growing presence in the court case management software market. Its investment portfolio, guided by value investing principles, provides a source of capital and potential returns.
Total Addressable Market (TAM)
The global case management software market is estimated to be in the billions of dollars. Daily Journal Corp is positioned with respect to this TAM by focusing on specific niches within government and judicial sectors.
Upturn SWOT Analysis
Strengths
- Strong balance sheet with significant cash and investments
- Experienced leadership with a long-term investment horizon
- Growing software business with recurring revenue
- Established presence in legal publishing
Weaknesses
- Concentration of investment decisions with Charlie Munger
- Newspaper publishing business facing secular decline
- Relatively small size compared to major competitors in software
- Lack of geographic diversification in publishing
Opportunities
- Expansion of software solutions to new markets and government agencies
- Acquisitions of complementary software businesses
- Increased adoption of digital legal publishing platforms
- Strategic investments in undervalued companies
Threats
- Competition from larger, more established software vendors
- Decline in print advertising revenue
- Economic downturn impacting investment portfolio
- Technological disruptions in legal publishing
Competitors and Market Share
Key Competitors
- TYL
- CSU.TO
- NPS
Competitive Landscape
Daily Journal Corp. faces competition from larger, more established players in the software market. Its competitive advantage lies in its specialized focus on court case management and its long-term investment perspective.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven primarily by the software business and investment performance. The publishing business has faced challenges due to the decline in print media.
Future Projections: Future growth is expected to depend on the continued expansion of the software business and the performance of the investment portfolio. Analyst estimates are not readily available for this company.
Recent Initiatives: Recent initiatives include investments in the software business and strategic allocation of capital within the investment portfolio.
Summary
Daily Journal Corp is a diversified company with a mix of strengths and weaknesses. The company's strong balance sheet and experienced leadership are key assets. The declining newspaper business poses a challenge, but the growing software business offers potential for future growth. The investment portfolio, while a source of potential returns, also introduces volatility.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Market Research Reports (Third party)
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
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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