CALLAN JMB INC.
CJMBdata completeness 88%3 fiscal years on fileData notes: no data for concept 'interestExpense'
CALLAN JMB INC. earns about -1099% on invested capital, below its ~9% cost of capital — no moat visible in the numbers. The estimate methods put fair value between $2.49 and $2.66 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.
| Figure | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Revenue | $13.2M1 | $6.56M2 | $5.72M2 |
| Net income | $2.18M3 | −$2.29M4 | −$7.97M4 |
| Operating cash flow | $7M5 | $540,3536 | −$4.55M6 |
| Capital expenditure | $490,0207 | $46,1678 | $616,8968 |
| Free cash flow (derived) | $6.51M5 | $494,1866 | −$5.16M6 |
| Total debt | $17,0739 | $09 | — |
| Cash & equivalents | $5.16M10 | $2.1M11 | $2.13M11 |
| Diluted shares | 0 | 2.6M | 4.4M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
10 shares is a claim on $5.32 of net worth that earned you −$18.19 and generated −$11.79 of cash last year.
It earned about -1099% on invested capital against a ~9% cost of capital — below the cost of funding. The numbers show no moat.
seeing a moat in the numbers →Total debt has fallen 100% — deleveraging.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
The 2 estimate methods that apply put fair value between $2.49 and $2.66 a share. They rest on different assumptions, so where they diverge is the story.
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears10
- fcfGrowth5.0%
- fcfBase$494,186
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears5
- fcfGrowth5.0%
- fcfBase$494,186
Different models answer different questions — which to trust when →
| Bear | 0.0% | $2.1 |
| Base | 5.0% | $2.49 |
| Bull | 10.0% | $2.96 |
Bear/base/bull growth = 0% / filed history / history + 5pp. Type a price to see the return each case implies.
Default growth 5.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.
- 10-K · period ending 2023-12-31 · accession 0001641172-25-001249 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014292 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-001249 (NetIncomeLoss)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014292 (NetIncomeLoss)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-001249 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014292 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-001249 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014292 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-001249 (ShortTermBorrowings)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-001249 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014292 (CashAndCashEquivalentsAtCarryingValue)