Carnegie Development, Inc. (CDJM)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Carnegie Development, Inc. (CDJM) trades at $0.00 with AI Score 54/100 (Grade B). Carnegie Development, Inc. focuses on land acquisition for real estate development. Market cap: $5,097, Sector: Real estate.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for CDJM: CDJM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CDJM against Real Estate peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
CDJM: 2/7 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Carnegie Development, Inc. (CDJM) Real Estate Portfolio & Strategy
Carnegie Development, Inc., based in Reno, Nevada, specializes in land acquisition for real estate projects. Formerly Escue Energy, the company shifted its focus in 2019. With a small team, Carnegie Development navigates the competitive real estate development sector, focusing on strategic land investments.
What Is the Investment Thesis for CDJM?
Carnegie Development, Inc. presents a speculative investment opportunity given its small market capitalization and OTC listing. The company's focus on land acquisition in the real estate sector offers potential upside if strategic land investments are successfully developed or sold. However, the negative P/E ratio of -0.37 and a profit margin of -61.2% indicate significant financial challenges. The company's beta of -9.57 suggests an inverse correlation with the market, which could be a risk or an advantage depending on market conditions. Key value drivers include successful land acquisitions and favorable real estate market conditions. Investors should carefully consider the risks associated with OTC-listed companies and the company's current financial performance.
Based on FMP financials and quantitative analysis
CDJM Key Highlights
- Market capitalization of 5K indicates a micro-cap company with high growth potential but also significant risk.
- P/E ratio of -0.37 reflects current unprofitability, requiring further investigation into the company's future earnings potential.
- Profit margin of -61.2% signals operational inefficiencies or high costs relative to revenue.
- Gross margin of 100.0% suggests that the company's core business activities, specifically land acquisition, do not have direct costs associated, but overall profitability is hindered by other expenses.
- Beta of -9.57 indicates a strong inverse correlation with the market, meaning the stock may move in the opposite direction of the broader market trends.
Who Are CDJM's Competitors?
CDJM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| TIACF Tian An China Investments Company Limited | $0.57 | -0.00% | $840.35M | 67 |
| MRNO Murano Global Investments PLC Ordinary Shares | $0.25 | -0.68% | $19.92M | 65 |
| OZ Belpointe PREP, LLC (OZ) | $45.97 | +1.26% | $179.20M | 61 |
| KRYPF Kerry Properties Limited | $3.06 | +0.00% | $4.43B | 58 |
| RBLAY Robinsons Land Corporation | $5.02 | +0.00% | $1.21B | 54 |
| CDCTF GOLDCREST Co.,Ltd. | $20.55 | +0.00% | $682.98M | 54 |
| AXR AMREP Corporation | $25.03 | -3.13% | $132.79M | 55 |
| CCLHF C C Land Holdings Limited | $0.24 | +74.93% | $950.78M | 55 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CDJM's Key Strengths?
- Focus on land acquisition
- Potential for high returns on successful developments
- Lean operational structure
What Are CDJM's Weaknesses?
- Small market capitalization
- Negative profitability
- Limited financial resources
What Could Drive CDJM Stock Higher?
- Potential land acquisitions in high-growth areas could drive revenue growth.
- Strategic partnerships with established developers could provide access to capital and expertise.
- Integration of sustainable practices into land development projects could attract environmentally conscious investors.
What Are the Key Risks for CDJM?
- Financial-distress signal — its Altman Z-Score of -3.07 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-14.1%) — the business is not currently generating profit on shareholder capital.
- Economic downturn could negatively impact the real estate market and reduce demand for land.
- Rising interest rates could increase borrowing costs and reduce the profitability of development projects.
- Limited financial resources could constrain the company's ability to pursue growth opportunities.
- The OTC market carries inherent risks due to lack of regulation and transparency.
- Competition from larger, more established real estate developers could limit market share.
What Are the Growth Opportunities for CDJM?
- Strategic Land Acquisitions: Carnegie Development can focus on acquiring land in high-growth areas with strong demand for residential or commercial properties. Identifying undervalued land parcels in emerging markets or areas undergoing revitalization can lead to significant returns. The market size for land acquisition is substantial, with billions of dollars transacted annually. Timeline: Ongoing.
- Partnerships with Developers: Forming strategic alliances with established real estate developers can provide Carnegie Development with access to capital, expertise, and distribution channels. Collaborating on joint ventures or providing land for development projects can generate recurring revenue streams. This strategy can mitigate risks associated with development and accelerate project timelines. Timeline: Ongoing.
- Focus on Sustainable Development: Integrating sustainable practices into land development projects can attract environmentally conscious investors and tenants. Developing eco-friendly communities or incorporating green building technologies can differentiate Carnegie Development from its competitors. The market for sustainable real estate is growing rapidly, driven by increasing awareness of environmental issues. Timeline: Ongoing.
- Expansion into New Markets: Diversifying into new geographic markets can reduce reliance on local economic conditions and tap into new growth opportunities. Identifying regions with favorable demographics, strong economic growth, and limited competition can provide a competitive advantage. Market research and due diligence are essential for successful market entry. Timeline: 2-3 years.
- Adoption of Technology: Implementing advanced technologies such as geographic information systems (GIS) and data analytics can improve land selection, project planning, and risk management. Utilizing technology can enhance efficiency, reduce costs, and improve decision-making. The market for real estate technology is rapidly evolving, with new tools and platforms emerging regularly. Timeline: 1-2 years.
What Opportunities Does CDJM Have?
- Strategic land acquisitions in high-growth areas
- Partnerships with established developers
- Expansion into new markets
What Threats Does CDJM Face?
- Economic downturn
- Rising interest rates
- Increased competition
What Are CDJM's Competitive Advantages?
- Access to undervalued land parcels
- Expertise in land acquisition and development
- Established relationships with developers and investors
What Does CDJM Do?
Carnegie Development, Inc. is a real estate development company specializing in land acquisition. Founded as Escue Energy, Inc., the company underwent a significant transformation in July 2019, rebranding itself as Carnegie Development, Inc. and shifting its core business to real estate development. Based in Reno, Nevada, the company focuses on identifying and acquiring land suitable for various real estate projects. Currently, Carnegie Development operates with a small team of three employees, indicating a lean operational structure. The company's strategy revolves around capitalizing on opportunities within the real estate market through strategic land investments. As a land acquisition firm, Carnegie Development plays a crucial role in the initial stages of real estate projects, providing the foundation for future construction and development. The company's success depends on its ability to identify undervalued or strategically important land parcels and navigate the complexities of real estate transactions.
What Products and Services Does CDJM Offer?
- Acquires land for real estate development projects.
- Identifies strategically valuable land parcels.
- Conducts due diligence on potential land acquisitions.
- Negotiates land purchase agreements.
- Manages land assets.
- Prepares land for development.
How Does CDJM Make Money?
- Acquire land at a low cost.
- Increase land value through rezoning or development.
- Sell land to developers or develop projects themselves.
- Generate revenue through land sales or rental income.
What Industry Does CDJM Operate In?
Carnegie Development, Inc. operates within the real estate development industry, which is influenced by economic cycles, interest rates, and demographic trends. The industry is highly competitive, with numerous players ranging from small local developers to large national firms. Given its focus on land acquisition, Carnegie Development's success depends on its ability to identify and secure strategically valuable land parcels. The real estate development industry is currently experiencing a period of moderate growth, driven by increasing urbanization and demand for housing and commercial spaces. Competitors include BRST, COWPP, CRDV, ENTI, and IDVV.
Who Are CDJM's Key Customers?
- Real estate developers
- Homebuilders
- Commercial property investors
Company Profile
Carnegie Development, Inc. operates in the Real Estate - Development industry within the Real Estate sector. It is headquartered in Reno, US. The company is led by CEO Robert W. Bueker. CDJM has traded publicly since 2015.
Carnegie Development, Inc. (CDJM) Valuation Context
Valued at 5K, CDJM is classified as a micro-cap stock. Relative to its peer group, CDJM's quantitative score of 54/100 is roughly in line with the peer average of 61/100.
ROE -14%Key Financial Metrics
Return on equity for Carnegie Development, Inc. stands at -14.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -1.1%, showing how much profit it generates from its asset base. A current ratio of 2.56 indicates the company holds enough short-term assets to cover its near-term obligations.
F-Score 5/9Financial Health
Carnegie Development, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -3.07 places it in the distress zone, a signal of elevated financial risk.
CDJM Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Focus on land acquisition
- Potential for high returns on successful developments
- Lean operational structure
- Upcoming: Potential land acquisitions in high-growth areas could drive revenue growth.
Bear Case
- Small market capitalization
- Negative profitability
- Limited financial resources
- Potential: Economic downturn could negatively impact the real estate market and reduce demand for land.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
CDJM Latest News
No recent news available for CDJM.
CDJM Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CDJM.
Price Targets
Wall Street price target analysis for CDJM.
CDJM MoonshotScore
What does this score mean?
The MoonshotScore rates CDJM's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Robert W. Bueker
CEO
Robert W. Bueker serves as the CEO of Carnegie Development, Inc. His leadership is pivotal in guiding the company's strategic direction, particularly in land acquisition and real estate development. Given the company's small size, Bueker likely plays a hands-on role in all aspects of the business, from identifying potential land acquisitions to managing relationships with developers and investors. Additional background information is not available.
Track Record: Due to limited information, Robert W. Bueker's specific achievements and strategic decisions at Carnegie Development, Inc. are not available. Evaluating his track record would require further insights into the company's performance and key milestones under his leadership. The company's transition from Escue Energy to Carnegie Development occurred under his direction.
CDJM OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, encompassing stocks that may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited or no financial disclosure, making it difficult for investors to assess their financial health and operational performance. Investing in OTC Other stocks carries significant risks due to the lack of transparency and regulatory oversight compared to stocks listed on major exchanges like NYSE or NASDAQ.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure
- Low trading volume and liquidity
- Potential for price manipulation
- Higher risk of fraud or scams
- Lack of regulatory oversight
- Verify the company's registration and legal standing.
- Attempt to obtain and review any available financial statements.
- Assess the company's business model and competitive landscape.
- Evaluate the management team's experience and expertise.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Check for any regulatory actions or legal disputes.
- Company's registration with the SEC (if any)
- Any available financial statements or disclosures
- Positive news coverage or industry recognition
CDJM Real Estate Stock FAQ
What does Carnegie Development, Inc. do?
Carnegie Development, Inc. specializes in the acquisition of land for real estate development projects. The company identifies strategically valuable land parcels, conducts due diligence, and negotiates purchase agreements. Their business model focuses on acquiring land at a low cost, increasing its value through rezoning or development, and then selling it to developers or developing projects themselves. This positions them as a key player in the early stages of real estate projects.
What do analysts say about CDJM stock?
There is no available analyst coverage for CDJM stock. Given its OTC listing and small market capitalization, the company is unlikely to be followed by major research firms. Investors should conduct their own thorough due diligence and consider the risks associated with investing in thinly traded, unrated stocks. Key valuation metrics to consider include revenue growth, profitability, and asset value.
What are the main risks for CDJM?
The main risks for Carnegie Development, Inc. include its small market capitalization, negative profitability, and limited financial resources. As an OTC-listed company, it faces higher regulatory scrutiny and lower liquidity. Economic downturns and rising interest rates could negatively impact the real estate market, reducing demand for land and increasing borrowing costs. Competition from larger, more established developers also poses a threat.
What are the key factors to evaluate for CDJM?
Carnegie Development, Inc. (CDJM) holds an AI score of 54/100 (moderate). Not financial advice.
How frequently does CDJM data refresh on this page?
CDJM prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CDJM's recent stock price performance?
Carnegie Development, Inc. (CDJM) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on land acquisition. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CDJM overvalued or undervalued right now?
Valuing Carnegie Development, Inc. (CDJM) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying CDJM?
Before investing in Carnegie Development, Inc. (CDJM), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is limited due to the company's OTC listing and lack of analyst coverage.
- Financial data is based on available information and may not be complete.
- AI analysis is pending and may provide further insights.