Latest Ratios: P/E Ratio 6.9x · EV/EBITDA 67.5x · ROE 33.5%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $778M | $641M | $675M | $405M | $354M | $442M | $334M | $342M | $333M | $302M | $302M |
| Enterprise Value | $780M | $643M | $691M | $460M | $417M | $463M | $338M | $363M | $355M | $330M | $323M |
| P/E Ratio → | 6.93 | 5.71 | 8.64 | 18.87 | — | 3.92 | 82.59 | — | 40.57 | — | — |
| P/S Ratio | 8.87 | 7.31 | 9.65 | 5.98 | 6.55 | 8.96 | 6.69 | 7.03 | 8.18 | 7.29 | 7.27 |
| P/B Ratio | 1.99 | 1.64 | 2.42 | 2.02 | 1.98 | 1.74 | 2.36 | 2.48 | 2.04 | 1.89 | 2.41 |
| P/FCF | 58.37 | 48.08 | — | 26.99 | — | 135.82 | 155.27 | 235.74 | — | — | — |
| P/OCF | 58.33 | 48.06 | — | 26.84 | — | 134.62 | 143.04 | 211.65 | — | — | 247.05 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.33 | 9.87 | 6.80 | 7.72 | 9.38 | 6.78 | 7.45 | 8.72 | 7.97 | 7.75 |
| EV / EBITDA | 67.49 | 55.63 | 159.21 | 66.38 | 53.30 | 82.61 | 80.40 | 306.44 | — | — | — |
| EV / EBIT | 69.02 | 4.25 | 6.43 | 14.19 | — | 116.33 | 70.81 | — | — | — | — |
| EV / FCF | — | 48.26 | — | 30.68 | — | 142.26 | 157.26 | 250.01 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.7% | 36.7% | 20.3% | 23.6% | 21.6% | 18.1% | 14.6% | 16.9% | 2.3% | 7.5% | 20.3% |
| Operating Margin | 12.9% | 12.9% | 5.8% | 9.8% | 13.8% | 10.4% | 7.4% | 1.2% | -34.5% | -31.8% | -16.0% |
| Net Profit Margin | 127.9% | 127.9% | 111.7% | 31.7% | -140.0% | 228.6% | 8.1% | -51.8% | 20.1% | -2.2% | -2.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 33.5% | 33.5% | 32.6% | 11.3% | -34.9% | 57.0% | 2.9% | -16.8% | 5.1% | -0.6% | -0.8% |
| ROA | 23.6% | 23.6% | 20.6% | 6.4% | -21.3% | 35.9% | 1.7% | -10.1% | 3.0% | -0.4% | -0.5% |
| ROIC | 2.5% | 2.5% | 1.1% | 2.0% | 2.2% | 1.8% | 1.8% | 0.3% | -5.7% | -5.9% | -3.5% |
| ROCE | 2.6% | 2.6% | 1.2% | 2.2% | 2.3% | 1.8% | 1.8% | 0.3% | -6.6% | -7.5% | -4.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.10 | 0.38 | 0.43 | 0.13 | 0.22 | 0.23 | 0.19 | 0.20 | 0.25 |
| Debt / EBITDA | 1.99 | 1.99 | 6.60 | 11.01 | 9.78 | 5.99 | 7.41 | 26.48 | — | — | — |
| Net Debt / Equity | — | 0.01 | 0.06 | 0.28 | 0.35 | 0.08 | 0.03 | 0.15 | 0.14 | 0.18 | 0.16 |
| Net Debt / EBITDA | 0.21 | 0.21 | 3.60 | 7.97 | 8.06 | 3.74 | 1.02 | 17.50 | — | — | — |
| Debt / FCF | — | 0.18 | — | 3.68 | — | 6.44 | 1.99 | 14.27 | — | — | — |
| Interest Coverage | 109.68 | 109.68 | 34.78 | 7.49 | -91.47 | 12.18 | 8.64 | -31.96 | -14.20 | -14.46 | -6.70 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 13.89 | 13.89 | 10.26 | 8.19 | 9.20 | 10.95 | 7.73 | 6.94 | 8.34 | 2.72 | 2.84 |
| Quick Ratio | 13.89 | 13.89 | 10.26 | 8.18 | 9.20 | 10.95 | 7.73 | 6.94 | 8.33 | 2.72 | 2.84 |
| Cash Ratio | 13.23 | 13.23 | 9.67 | 7.68 | 8.59 | 10.59 | 7.37 | 6.69 | 8.13 | 2.64 | 2.75 |
| Asset Turnover | — | 0.16 | 0.17 | 0.19 | 0.17 | 0.13 | 0.21 | 0.20 | 0.15 | 0.15 | 0.18 |
| Inventory Turnover | — | — | 3716.67 | 718.01 | 756.13 | 940.19 | 1184.47 | 1011.33 | 864.26 | 957.25 | 808.85 |
| Days Sales Outstanding | — | 87.45 | 100.48 | 100.74 | 121.31 | 70.39 | 53.56 | 53.93 | 45.49 | 55.27 | 49.09 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | 1.6% | 1.4% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 14.4% | 17.5% | 11.6% | 5.3% | — | 25.5% | 1.2% | — | 2.5% | — | — |
| FCF Yield | 1.7% | 2.1% | — | 3.7% | — | 0.7% | 0.6% | 0.4% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.6% | 1.4% |
| Shares Outstanding | — | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M |
Equity portfolio volatility exposure
According to recent financial data, the company trades at a P/S of 9.02 and a P/E of 7.06, metrics that appear fundamentally disconnected from operational reality due to the outsized influence of non-operating investment gains on the bottom line and the lack of a standard forward-looking valuation framework.
The current valuation multiples are heavily distorted by the company's concentrated equity portfolio, rendering traditional P/E analysis largely ineffective for assessing the core software business. Investors should monitor the valuation gap between the operating segments and the market value of the investment holdings, as the market appears to struggle with assigning a coherent multiple to this hybrid business model.
Based on reported figures, the ROIC has remained consistently low, hovering near 0.6% as of 2026Q2, which suggests that the company is not effectively compounding returns on its invested capital through its core software and publishing operations despite the significant capital deployed into its equity investment portfolio.
The persistently low ROIC indicates that the capital-intensive nature of government software implementation and the legacy publishing business are not generating sufficient returns to offset the high fixed-cost base. This trend warrants further investigation into whether the company's capital allocation strategy prioritizes long-term equity appreciation over the operational efficiency of its primary business segments.
As reported in quarterly filings, the company's asset turnover remains stagnant at approximately 0.05, while the cash conversion cycle exhibits significant volatility, reflecting the lumpy nature of milestone-based government contract payments that complicate the assessment of underlying working capital efficiency and operational cash flow generation.
The erratic DSO figures, which have fluctuated between 61 and 98 days over the last ten quarters, suggest that the company faces challenges in standardizing its collection cycles from judicial clients. This inconsistency in working capital management implies that the business remains highly sensitive to the timing of large, non-recurring contract payments rather than steady-state operational throughput.
Based on the latest quarterly data, the company maintains a current ratio of 15.42, an exceptionally high figure that, according to SEC filings, appears to be driven more by the liquidity of the underlying equity portfolio than by the operational cash availability required for daily business activities.
While the balance sheet appears robust, the high liquidity ratio may provide a false sense of security regarding the company's ability to fund its software implementation projects without relying on its investment portfolio. Investors should monitor whether this liquidity remains accessible for operational growth or if it is effectively locked within the concentrated equity holdings.
As indicated by historical financial statements, the P/E ratio is the most commonly misapplied metric for this business, as it fails to account for the massive, non-operating unrealized gains from the equity portfolio that artificially inflate net income and distort the company's true operational earning power.
Analysts should instead focus on adjusted operating income and free cash flow to evaluate the performance of the Journal Technologies segment. Relying on headline P/E ratios obscures the underlying secular trends in the software business and the inherent risks associated with the company's idiosyncratic capital allocation strategy.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying DJCO stock.
Daily Journal Corporation's current P/E ratio is 6.9x. The historical average is 21.6x. This places it at the 9th percentile of its historical range.
Daily Journal Corporation's current EV/EBITDA is 67.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.2x.
Daily Journal Corporation's return on equity (ROE) is 33.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 11.3%.
Based on historical data, Daily Journal Corporation is trading at a P/E of 6.9x. This is at the 9th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Daily Journal Corporation has 36.7% gross margin and 12.9% operating margin. Operating margin between 10-20% is typical for established companies.
Daily Journal Corporation's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.