SHJ Stock Overview
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$1.10|
|52 Week High||AU$1.61|
|52 Week Low||AU$0.82|
|1 Month Change||2.80%|
|3 Month Change||1.85%|
|1 Year Change||3.77%|
|3 Year Change||41.94%|
|5 Year Change||58.27%|
|Change since IPO||-27.39%|
Recent News & Updates
|SHJ||AU Consumer Services||AU Market|
Return vs Industry: SHJ exceeded the Australian Consumer Services industry which returned -6.3% over the past year.
Return vs Market: SHJ exceeded the Australian Market which returned -7.9% over the past year.
|SHJ Average Weekly Movement||5.2%|
|Consumer Services Industry Average Movement||7.9%|
|Market Average Movement||10.6%|
|10% most volatile stocks in AU Market||17.5%|
|10% least volatile stocks in AU Market||4.7%|
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$107.56m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 26, 2022
|Earnings per share (EPS)||0.16|
|Net Profit Margin||13.88%|
How did SHJ perform over the long term?See historical performance and comparison
5.2%Current Dividend Yield
Is SHJ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SHJ?
Other financial metrics that can be useful for relative valuation.
|What is SHJ's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SHJ's PE Ratio compare to its peers?
|SHJ PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MFD Mayfield Childcare
SGH Slater and Gordon
SHJ Shine Justice
Price-To-Earnings vs Peers: SHJ is good value based on its Price-To-Earnings Ratio (6.7x) compared to the peer average (24.4x).
Price to Earnings Ratio vs Industry
How does SHJ's PE Ratio compare vs other companies in the Global Consumer Services Industry?
Price-To-Earnings vs Industry: SHJ is good value based on its Price-To-Earnings Ratio (6.7x) compared to the Global Consumer Services industry average (17.7x)
Price to Earnings Ratio vs Fair Ratio
What is SHJ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||6.7x|
|Fair PE Ratio||19.2x|
Price-To-Earnings vs Fair Ratio: SHJ is good value based on its Price-To-Earnings Ratio (6.7x) compared to the estimated Fair Price-To-Earnings Ratio (19.2x).
Share Price vs Fair Value
What is the Fair Price of SHJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SHJ (A$1.1) is trading below our estimate of fair value (A$1.87)
Significantly Below Fair Value: SHJ is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Shine Justice forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHJ's forecast earnings growth (9.5% per year) is above the savings rate (1.8%).
Earnings vs Market: SHJ's earnings (9.5% per year) are forecast to grow faster than the Australian market (6.2% per year).
High Growth Earnings: SHJ's earnings are forecast to grow, but not significantly.
Revenue vs Market: SHJ's revenue (6% per year) is forecast to grow faster than the Australian market (5.7% per year).
High Growth Revenue: SHJ's revenue (6% 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 (11.4%).
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How has Shine Justice performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHJ has high quality earnings.
Growing Profit Margin: SHJ's current net profit margins (13.9%) are higher than last year (12.2%).
Past Earnings Growth Analysis
Earnings Trend: SHJ's earnings have grown by 7.1% per year over the past 5 years.
Accelerating Growth: SHJ's earnings growth over the past year (25.4%) exceeds its 5-year average (7.1% per year).
Earnings vs Industry: SHJ earnings growth over the past year (25.4%) underperformed the Consumer Services industry 25.4%.
Return on Equity
High ROE: SHJ's Return on Equity (10.9%) is considered low.
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How is Shine Justice's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SHJ's short term assets (A$281.7M) exceed its short term liabilities (A$119.5M).
Long Term Liabilities: SHJ's short term assets (A$281.7M) exceed its long term liabilities (A$191.9M).
Debt to Equity History and Analysis
Debt Level: SHJ's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: SHJ's debt to equity ratio has reduced from 25% to 17.8% over the past 5 years.
Debt Coverage: SHJ's debt is well covered by operating cash flow (42.1%).
Interest Coverage: SHJ's interest payments on its debt are well covered by EBIT (8.5x coverage).
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What is Shine Justice current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHJ's dividend (5.23%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: SHJ's dividend (5.23%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).
Stability and Growth of Payments
Stable Dividend: SHJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SHJ's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), SHJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.2%), SHJ's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simon Morrison (53 yo)
Mr. Simon Michael Morrison, LLB serves as Managing Director at Shine Lawyers Limited. Mr. Morrison is the Co-Founder of Shine Justice Ltd (formerly known as Shine Corporate Ltd). He has been the Chief Exec...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD388.92K) is above average for companies of similar size in the Australian market ($USD279.73K).
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 (5.8 years average tenure).
Experienced Board: SHJ's board of directors are not considered experienced ( 2.5 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: Insufficient data to determine if 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
- Implied Market Cap: AU$191.624m
- 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||2022/08/07 00:00|
|End of Day Share Price||2022/08/05 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.