Shine Justice Ltd, through its subsidiaries, provides damages-based plaintiff litigation legal and insurance recovery consulting services in Australia and New Zealand.
Shine Justice Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.33|
|52 Week High||AU$0.81|
|52 Week Low||AU$1.35|
|1 Month Change||5.16%|
|3 Month Change||25.00%|
|1 Year Change||55.88%|
|3 Year Change||65.63%|
|5 Year Change||6.00%|
|Change since IPO||-12.54%|
Recent News & Updates
Here's Why We Think Shine Justice Ltd's (ASX:SHJ) CEO Compensation Looks Fair for the time being
Under the guidance of CEO Simon Morrison, Shine Justice Ltd ( ASX:SHJ ) has performed reasonably well recently. This is...
Shine Justice's (ASX:SHJ) Upcoming Dividend Will Be Larger Than Last Year's
The board of Shine Justice Ltd ( ASX:SHJ ) has announced that it will be increasing its dividend by 18% on the 8th of...
|SHJ||AU Consumer Services||AU Market|
Return vs Industry: SHJ underperformed the Australian Consumer Services industry which returned 61.2% over the past year.
Return vs Market: SHJ exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: SHJ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SHJ's weekly volatility (5%) has been stable over the past year.
About the Company
Shine Justice Ltd, through its subsidiaries, provides damages-based plaintiff litigation legal and insurance recovery consulting services in Australia and New Zealand. It operates through two segments, Personal Injury and New Practice Areas. The Personal Injury segment provides services related to public liability, workers' compensation, and motor vehicle accidents.
Shine Justice Fundamentals Summary
|SHJ fundamental statistics|
Is SHJ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SHJ income statement (TTM)|
|Cost of Revenue||AU$100.78m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.15|
|Net Profit Margin||13.21%|
How did SHJ perform over the long term?See historical performance and comparison
4.0%Current Dividend Yield
Is Shine Justice undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHJ (A$1.33) is trading below our estimate of fair value (A$2.89)
Significantly Below Fair Value: SHJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SHJ is good value based on its PE Ratio (9x) compared to the Australian Consumer Services industry average (29.8x).
PE vs Market: SHJ is good value based on its PE Ratio (9x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: SHJ is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: SHJ is good value based on its PB Ratio (0.9x) compared to the AU Consumer Services industry average (2.7x).
How is Shine Justice forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHJ's forecast earnings growth (10.5% per year) is above the savings rate (1.9%).
Earnings vs Market: SHJ's earnings (10.5% per year) are forecast to grow slower than the Australian market (11.5% per year).
High Growth Earnings: SHJ's earnings are forecast to grow, but not significantly.
Revenue vs Market: SHJ's revenue (5.4% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: SHJ's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHJ's Return on Equity is forecast to be low in 3 years time (10.7%).
How has Shine Justice performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHJ has high quality earnings.
Growing Profit Margin: SHJ's current net profit margins (13.2%) are higher than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: SHJ's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: SHJ's earnings growth over the past year (19%) exceeds its 5-year average (5.6% per year).
Earnings vs Industry: SHJ earnings growth over the past year (19%) underperformed the Consumer Services industry 43.2%.
Return on Equity
High ROE: SHJ's Return on Equity (10%) is considered low.
How is Shine Justice's financial position?
Financial Position Analysis
Short Term Liabilities: SHJ's short term assets (A$317.5M) exceed its short term liabilities (A$129.9M).
Long Term Liabilities: SHJ's short term assets (A$317.5M) exceed its long term liabilities (A$188.1M).
Debt to Equity History and Analysis
Debt Level: SHJ's debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: SHJ's debt to equity ratio has increased from 15.4% to 18.4% over the past 5 years.
Debt Coverage: SHJ's debt is well covered by operating cash flow (104.5%).
Interest Coverage: SHJ's interest payments on its debt are well covered by EBIT (6.9x coverage).
What is Shine Justice current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHJ's dividend (3.96%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: SHJ's dividend (3.96%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).
Stability and Growth of Payments
Stable Dividend: SHJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SHJ's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.6%), SHJ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHJ's dividends in 3 years are forecast to be well covered by earnings (32.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simon Morrison (52 yo)
Mr. Simon Michael Morrison, LLB serves as Managing Director at Shine Lawyers Limited. Mr. Morrison is the Co-Founder of Shine Justice Ltd (formerly known as Shine Corporate Ltd). He has been the Chief Exec...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD422.91K) is about average for companies of similar size in the Australian market ($USD552.88K).
Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.
Experienced Management: SHJ's management team is seasoned and experienced (5 years average tenure).
Experienced Board: SHJ's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SHJ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shine Justice Ltd's employee growth, exchange listings and data sources
- Name: Shine Justice Ltd
- Ticker: SHJ
- Exchange: ASX
- Founded: 1976
- Industry: Specialized Consumer Services
- Sector: Consumer Services
- Market Cap: AU$230.819m
- Shares outstanding: 174.20m
- Website: https://www.shinejustice.com.au
Number of Employees
- Shine Justice Ltd
- 160 Ann Street
- Level 13
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:56|
|End of Day Share Price||2021/10/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.