Daily Journal Corp. (DJCO) intrinsic value & 10-year financials
Daily Journal Corp. (DJCO) has a Graham intrinsic value of $1,810.69 per share. At $602.99 on Oct 17, 2026, the stock trades 67% below that value. Over the last 10 fiscal years revenue grew 8.6% a year to $87.7M, with an average return on invested capital of -1.4%.
- Graham intrinsic value
- $1,810.69
- Share price (Oct 17, 2026)
- $602.99
- Price vs Graham value
- 67% below
- Market cap
- $830.6M
- Revenue (FY2025)
- $87.7M
- Revenue growth (10-yr CAGR)
- 8.6%
- ROIC (10-yr avg)
- -1.4%
- Free cash flow (FY2025)
- $13.3M
DJCO 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $87.7M | $112.1M | $81.41 | $13.3M | 10.9% | 2.7% |
| FY2024 | $69.9M | $78.1M | $56.73 | -$138.0K | 5.8% | 1.4% |
| FY2023 | $67.7M | $21.5M | — | $15.0M | 9.8% | 2.8% |
| FY2022 | $54.0M | -$75.6M | — | -$5.3M | 3.7% | 0.7% |
| FY2021 | $49.4M | $112.9M | — | $3.3M | 4.4% | 0.8% |
| FY2020 | $49.9M | $4.0M | — | $2.2M | -2.6% | -0.9% |
| FY2019 | $48.7M | -$25.2M | — | $1.4M | -37.5% | -9.7% |
| FY2018 | $40.7M | $8.2M | — | -$2.1M | -34.5% | -4.4% |
| FY2017 | $41.4M | -$918.0K | — | -$2.9M | -31.8% | -4.6% |
| FY2016 | $41.6M | -$1.0M | — | -$2.6M | -16.0% | -2.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
DAILY JOURNAL CORP is a consistent compounder, expanding top-line revenue at 8.6% annually over the past decade.
DAILY JOURNAL CORP has historically struggled to out-earn its cost of capital, averaging just -1.4% ROIC.
DAILY JOURNAL CORP capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, DAILY JOURNAL CORP is modeled at 8.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1810.69 per share.