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Daily Journal (Daily Journal) Cyclically Adjusted Price-to-FCF : 215.40 (As of Apr. 28, 2024)


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What is Daily Journal Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Daily Journal's current share price is $346.80. Daily Journal's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.61. Daily Journal's Cyclically Adjusted Price-to-FCF for today is 215.40.

The historical rank and industry rank for Daily Journal's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DJCO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.79   Med: 67.73   Max: 475.13
Current: 215.06

During the past years, Daily Journal's highest Cyclically Adjusted Price-to-FCF was 475.13. The lowest was 24.79. And the median was 67.73.

DJCO's Cyclically Adjusted Price-to-FCF is ranked worse than
91.64% of 670 companies
in the Software industry
Industry Median: 28.305 vs DJCO: 215.06

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Daily Journal's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.847. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daily Journal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Daily Journal's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Daily Journal Cyclically Adjusted Price-to-FCF Chart

Daily Journal Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.59 101.50 173.92 265.32 184.85

Daily Journal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 229.23 278.81 210.01 184.85 217.72

Competitive Comparison of Daily Journal's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Daily Journal's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daily Journal's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Daily Journal's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Daily Journal's Cyclically Adjusted Price-to-FCF falls into.



Daily Journal Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Daily Journal's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=346.80/1.61
=215.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Daily Journal's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Daily Journal's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.847/129.4194*129.4194
=-0.847

Current CPI (Dec. 2023) = 129.4194.

Daily Journal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.839 99.695 1.089
201406 2.517 100.560 3.239
201409 0.478 100.428 0.616
201412 0.133 99.070 0.174
201503 2.314 99.621 3.006
201506 0.520 100.684 0.668
201509 2.240 100.392 2.888
201512 -3.734 99.792 -4.843
201603 0.269 100.470 0.347
201606 0.840 101.688 1.069
201609 0.775 101.861 0.985
201612 -1.085 101.863 -1.379
201703 -0.576 102.862 -0.725
201706 -1.004 103.349 -1.257
201709 0.563 104.136 0.700
201712 -0.614 104.011 -0.764
201803 -2.448 105.290 -3.009
201806 -1.608 106.317 -1.957
201809 3.154 106.507 3.833
201812 -1.869 105.998 -2.282
201903 -0.636 107.251 -0.767
201906 1.996 108.070 2.390
201909 1.559 108.329 1.863
201912 -2.334 108.420 -2.786
202003 -1.103 108.902 -1.311
202006 2.228 108.767 2.651
202009 2.767 109.815 3.261
202012 -2.015 109.897 -2.373
202103 -0.286 111.754 -0.331
202106 2.317 114.631 2.616
202109 2.364 115.734 2.644
202112 0.235 117.630 0.259
202203 -9.740 121.301 -10.392
202206 2.363 125.017 2.446
202209 3.344 125.227 3.456
202212 1.715 125.222 1.772
202303 -0.513 127.348 -0.521
202306 4.853 128.729 4.879
202309 4.837 129.860 4.821
202312 -0.847 129.419 -0.847

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Daily Journal  (NAS:DJCO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Daily Journal Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Daily Journal's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Daily Journal (Daily Journal) Business Description

Industry
Traded in Other Exchanges
Address
915 East First Street, Los Angeles, CA, USA, 90012
Daily Journal Corp publishes newspapers and websites covering California and Arizona and produces several specialized information services. The company operates in two segments: Traditional business and Journal Technologies. It also serves as a newspaper representative specializing in public notice advertising. The majority of revenue is generated from the Journal Technologies segment.
Executives
Gerald L Salzman director, officer: Chief Executive Officer C/O DAILY JOURNAL, 915 E. FIRST STREET, LOS ANGELES CA 90012
Guerin John Patrick Et Al director, 10 percent owner 355 SOUTH GRAND AVENUE, 34TH FLOOR, LOS ANGELES CA 90071-1560
Mary Conlin director P.O. BOX 1516, PACIFIC PALISADES CA 90272
Charles T Munger director, 10 percent owner, officer: Chairman 355 S GRAND AV, 34TH FL, LOS ANGELES CA 90071
Munger, Marshall & Co., A California Limited Partnership 10 percent owner 355 SOUTH GRAND AVENUE, 34TH FLOOR, LOS ANGELES CA 90071