Shine Justice Ltd. (AU:SHJ)
ASX:SHJ
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Shine Justice Ltd.
(Sydney:SHJ)
Select Model
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Rating:60Neutral
Price Target:
AU$0.63
▼(-12.50% Downside)
Action:Reiterated
Date:03/24/26
The score is held back primarily by weak recent profitability and returns despite a manageable balance sheet and positive (but cooling) cash generation. Technical indicators are broadly neutral with limited near-term momentum. Offsetting these risks, the stock screens attractively on valuation with a low P/E and high dividend yield.
Positive Factors
Manageable leverage and balance-sheet stability
A moderate debt-to-equity (~0.38) and sizable equity base preserve financial flexibility for litigation financing and working capital needs. Over a 2–6 month horizon this reduces refinancing risk and supports operational continuity while management addresses profit recovery.
Negative Factors
Collapse in net profitability
A sharp drop in net margin to ~0.3% materially weakens retained earnings and reduces room to absorb case-cost variability. Persistently thin net profitability undermines sustainable earnings power and limits capacity to reinvest in business development or absorb adverse case outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage and balance-sheet stability
A moderate debt-to-equity (~0.38) and sizable equity base preserve financial flexibility for litigation financing and working capital needs. Over a 2–6 month horizon this reduces refinancing risk and supports operational continuity while management addresses profit recovery.
Read all positive factors
Shine Justice Ltd. (SHJ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$103.33M
Dividend Yield7.14%
Average Volume (3M)60.57K
Price to Earnings (P/E)10.3
Beta (1Y)0.33
Revenue Growth8.66%
EPS Growth147.70%
CountryAU
Employees995
SectorConsumer Cyclical
Sector Strength84
IndustryPersonal Products & Services
Share Statistics
EPS (TTM)0.06
Shares Outstanding169,390,400
10 Day Avg. Volume16,607
30 Day Avg. Volume60,569
Financial Highlights & Ratios
PEG Ratio-2.34
Price to Book (P/B)0.48
Price to Sales (P/S)0.61
P/FCF Ratio6.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.07
Revenue Forecast (FY)AU$212.90M
Shine Justice Ltd. Business Overview & Revenue Model
Company Description
Headquartered in Brisbane, Australia, and established in 1976, Shine Justice Ltd (formerly Shine Corporate Ltd until its name change in April 2020) delivers legal and insurance recovery consulting services specializing in damages-based plaintiff l...
How the Company Makes Money
Shine Justice Ltd. derives its revenue primarily from providing legal services, specifically through commissions or fees charged to clients based on successful litigation outcomes. Many of the firm's cases are taken on a 'no win, no fee' basis, me...
Shine Justice Ltd. Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
63
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 213.28M | 204.94M | 195.73M | 223.14M | 213.19M | 185.44M |
| Gross Profit | 146.43M | 83.35M | 79.85M | 107.22M | 101.61M | 88.30M |
| EBITDA | 43.02M | 16.28M | 34.67M | 29.61M | 63.43M | 55.46M |
| Net Income | 10.00M | 572.00K | 6.04M | 3.31M | 31.14M | 25.56M |
Balance Sheet | ||||||
| Total Assets | 589.49M | 575.52M | 592.58M | 638.75M | 654.24M | 590.17M |
| Cash, Cash Equivalents and Short-Term Investments | 1.07M | 18.06M | 34.83M | 21.09M | 51.86M | 55.99M |
| Total Debt | 128.07M | 99.03M | 85.99M | 111.88M | 92.71M | 93.33M |
| Total Liabilities | 327.39M | 314.22M | 319.95M | 367.91M | 376.44M | 335.03M |
| Stockholders Equity | 263.40M | 261.65M | 272.46M | 270.68M | 277.64M | 255.00M |
Cash Flow | ||||||
| Free Cash Flow | 6.63M | 17.93M | 48.45M | 707.00K | 4.89M | 44.60M |
| Operating Cash Flow | 8.40M | 19.49M | 49.44M | 8.33M | 10.63M | 49.08M |
| Investing Cash Flow | -1.14M | -47.00K | -3.92M | -9.50M | -5.01M | -5.46M |
| Financing Cash Flow | -27.56M | -30.82M | -37.19M | -29.62M | -9.71M | -20.43M |
Shine Justice Ltd. Technical Analysis
Negative
0.72
Price Trends
0.70
Negative
0.70
Negative
0.68
Negative
Market Momentum
-0.02
Positive
15.50
Positive
11.76
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SHJ, the sentiment is Negative. The current price of 0.72 is above the 20-day moving average (MA) of 0.67, above the 50-day MA of 0.70, and above the 200-day MA of 0.68, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 15.50 is Positive, neither overbought nor oversold. The STOCH value of 11.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SHJ.
Shine Justice Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
AU:SHJ
Shine Justice Ltd.
0.60
>-0.01
-0.99%
AU:AFL
AF Legal Group Limited
0.14
0.03
22.73%
Shine Justice Ltd. Corporate Events
Shine Justice Reshapes Leadership to Drive International Mass Torts Growth
Apr 14, 2026
Shine Justice has announced that Simon Morrison will transition from Managing Director to Executive Director to concentrate on driving the group’s international growth agenda, particularly its International Mass Torts program. Group CEO Caro...
Shine Justice Reports Lapse of 114,725 Performance Rights
Apr 1, 2026
Shine Justice Ltd has notified the market that 114,725 performance rights, trading under the ASX code SHJAA, have lapsed as of 31 March 2026. The lapse occurred because the specified conditions for converting these performance rights into securiti...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.