Shriro Holdings Ltd. (SHM) AI Stock Analysis

• Market Cap: AU$60.76M
• Dividend Yield: 6.14%
• Average Volume (3M): 69.79K
• Price to Earnings (P/E): 9.4
• Beta (1Y): -0.16
• Revenue Growth: -13.36%
• EPS Growth: 14.09%
• Country: AU
• Employees: 164
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.02
• Shares Outstanding: 77,897,156
• 10 Day Avg. Volume: 81,949
• 30 Day Avg. Volume: 69,791
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Neutral
• Price Target: AU$0.85 ▲(9.10% Upside)

Shriro Holdings Ltd. shows strong valuation metrics with a low P/E ratio and high dividend yield, making it attractive for value and income investors. The technical analysis supports a stable outlook with positive short-term trends. However, financial performance is hindered by declining revenue and free cash flow, which are significant risks to future growth.

Positive Factors

Management Quality

The appointment of Fiona Brown as a director enhances the strategic leadership of Shriro, potentially improving decision-making and strategic direction.

Capital Management

The share buy-back reflects strong capital management, indicating confidence in financial health and a focus on enhancing shareholder returns.

Profitability

Strong profitability metrics suggest efficient cost management and the ability to maintain healthy margins, supporting long-term financial stability.

Negative Factors

Revenue Decline

The decline in revenue and free cash flow growth poses risks to future growth and operational sustainability, potentially impacting long-term profitability.

Leadership Changes

Frequent leadership changes can disrupt strategic continuity and governance, potentially affecting the company's long-term strategic execution.

Ownership Structure

The exit of a major shareholder alters the ownership structure, which could impact strategic decisions and influence over company policies.

Shriro Holdings Ltd. Business Overview & Revenue Model

Company Description

Shriro Holdings Ltd. (SHM) is an Australian-based investment holding company that operates in various sectors, primarily focusing on consumer products and distribution. The company is involved in the importation and distribution of a diverse range of products, including kitchenware, appliances, and home improvement items. Shriro operates through well-known brands and partnerships, providing innovative solutions and quality products to consumers and retailers across Australia and New Zealand.

How the Company Makes Money

Shriro Holdings Ltd. generates revenue through multiple streams primarily derived from the sale of consumer products to retailers and direct consumers. The company's revenue model includes wholesale distribution, where it supplies products to various retail outlets, and direct-to-consumer sales through e-commerce platforms. Key revenue streams include sales of kitchen appliances, cookware, and home improvement products. Significant partnerships with established brands enable Shriro to leverage their market presence and enhance product offerings. Additionally, the company may benefit from promotional campaigns, seasonal sales, and exclusive distribution agreements that contribute to its overall earnings.

Shriro Holdings Ltd. Financial Statement Overview

Summary

Shriro Holdings Ltd. demonstrates solid profitability with a reasonable gross profit margin of 45.05% and a net profit margin of 7.28%. The balance sheet is stable with a moderate debt-to-equity ratio of 0.34 and a strong return on equity of 20.24%. However, declining revenue (-13.36%) and free cash flow growth (-42.06%) are significant concerns.

Income Statement

Shriro Holdings Ltd. has experienced a decline in revenue over the past year, with a negative revenue growth rate of -13.36%. Despite this, the company maintains a reasonable gross profit margin of 45.05% and a net profit margin of 7.28%, indicating efficient cost management. However, the declining revenue trend poses a risk to future profitability.

Balance Sheet

The company has a moderate debt-to-equity ratio of 0.34, suggesting a balanced approach to leveraging. The return on equity is strong at 20.24%, reflecting effective use of equity to generate profits. The equity ratio stands at 58.27%, indicating a solid equity base relative to total assets, which enhances financial stability.

Cash Flow

Shriro Holdings Ltd. has seen a significant decrease in free cash flow growth at -42.06%, which could impact future investment capabilities. The operating cash flow to net income ratio is 1.62, showing strong cash generation relative to net income. However, the decline in free cash flow growth is a concern for sustaining operations and growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	103.34M	103.34M	119.27M	125.51M	191.79M	190.88M
Gross Profit	25.29M	46.55M	29.83M	53.34M	77.17M	75.42M
EBITDA	15.39M	16.05M	14.55M	18.86M	24.20M	31.07M
Net Income	7.52M	7.52M	6.91M	8.05M	13.50M	18.20M
Balance Sheet
Total Assets	63.77M	63.77M	78.79M	97.87M	105.93M	108.72M
Cash, Cash Equivalents and Short-Term Investments	13.85M	13.85M	24.28M	32.78M	12.87M	17.57M
Total Debt	12.83M	12.83M	14.55M	12.28M	7.53M	12.37M
Total Liabilities	26.61M	26.61M	30.38M	29.67M	38.79M	47.48M
Stockholders Equity	37.16M	37.16M	48.42M	68.20M	67.13M	61.24M
Cash Flow
Free Cash Flow	11.37M	11.37M	19.63M	17.24M	16.90M	21.74M
Operating Cash Flow	12.16M	12.16M	20.50M	19.00M	18.81M	23.78M
Investing Cash Flow	-748.00K	-748.00K	-672.00K	11.29M	-1.78M	-1.40M
Financing Cash Flow	-21.81M	-21.81M	-28.31M	-10.30M	-14.90M	-9.20M

Shriro Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.78
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SHM, the sentiment is Positive. The current price of 0.78 is below the 20-day moving average (MA) of 0.78, above the 50-day MA of 0.77, and above the 200-day MA of 0.69, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.31 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SHM.

Shriro Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHM	70 Neutral	AU$60.76M	9.38	17.58%	6.14%	-13.36%	14.09%
DSK	66 Neutral	AU$48.26M	10.96	12.71%	9.03%	8.39%	3.21%
SSG	65 Neutral	AU$189.97M	12.83	16.91%	7.08%	-0.35%	-1.96%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
NCK	59 Neutral	AU$1.99B	35.42	21.99%	2.63%	5.79%	-31.70%
ADH	58 Neutral	AU$301.47M	12.29	11.70%	6.18%	3.99%	-18.35%
BBN	56 Neutral	AU$324.96M	35.08	8.94%	―	4.72%	465.60%

Shriro Holdings Ltd. Corporate Events

Shriro Holdings Announces Director Resignation

Shriro Holdings Limited announced the resignation of Brian Bunker from his position as a director, effective December 2, 2025. This change in the board of directors may impact the company’s strategic direction and governance, though no immediate implications for stakeholders or operations were detailed in the announcement.

Shriro Holdings Announces Board Changes with New Director Appointment

Shriro Holdings Limited announced changes to its board of directors, with Brian Bunker resigning and Fiona Brown being appointed as a non-independent non-executive director. Fiona Brown, known for founding Dicker Data Limited and serving as its Executive Chair, brings significant strategic and decision-making experience to Shriro. This change in leadership is expected to influence the company’s strategic direction and potentially impact its market positioning.

Shriro Holdings Updates Director’s Interest in Securities

Shriro Holdings Limited has announced a change in the director’s interest, specifically for Director Timothy Hargreaves. The change involves the acquisition of 397,875 Performance Rights as part of the company’s Long Term Incentive Plan, which was approved by shareholders at the recent AGM. This adjustment increases Hargreaves’ total Performance Rights to 1,138,614, reflecting the company’s commitment to aligning management incentives with shareholder interests.

Shriro Holdings Issues Unquoted Performance Rights

Shriro Holdings Limited announced the issuance of 830,876 unquoted performance rights as part of an employee incentive scheme. This move is aimed at enhancing employee motivation and aligning their interests with the company’s long-term goals, potentially impacting the company’s operational efficiency and market competitiveness.

Shriro Holdings Announces $5 Million Share Buy-Back

Shriro Holdings Limited has announced an off-market equal access share buy-back, aiming to return up to $5 million to shareholders at a price of $0.81 per share, which represents approximately 7.9% of the company’s issued share capital. This initiative is voluntary for shareholders and is intended to optimize capital management and potentially enhance shareholder value.

Shriro Holdings Initiates Share Buy-Back Program

Shriro Holdings Limited has announced a new equal access scheme buy-back of its ordinary fully paid shares, as per the notification on November 18, 2025. This move could potentially impact the company’s share value and market perception, as buy-backs often signal management’s confidence in the company’s financial health and future prospects.

Shriro Holdings Ltd. AGM Results: Key Resolutions Passed, Leadership Changes Indicated

Shriro Holdings Ltd. held its Annual General Meeting on November 17, 2025, where several key resolutions were voted upon. The meeting saw the approval of the remuneration report and multiple share buy-back resolutions, indicating a strategic move to enhance shareholder value. However, the election of director Ben McGarry was not carried, and the re-election of director John Murphy was withdrawn, suggesting potential shifts in the company’s leadership dynamics.

Shriro Holdings Ltd. Highlights Leadership at 2025 AGM

Shriro Holdings Ltd. recently held its Annual General Meeting (AGM) for 2025, where key company figures such as CEO Tim Hargreaves and CFO Shane Booth were present. The meeting highlighted the company’s leadership structure, featuring non-executive directors John Murphy and Brian Bunker, and chair Abigail Cheadle. This presentation underscores the company’s commitment to maintaining a strong leadership team to drive future growth and stability.

Shriro Holdings Secures ASX Waiver for Buy-Back Process

Shriro Holdings Limited announced that it has received a waiver from the ASX regarding its buy-back process, allowing it to simplify reporting requirements. This waiver, contingent upon an ASIC exemption, permits Shriro to provide a final notice after the offer period instead of daily buy-back notices, which streamlines operations and reduces potential market confusion. The company plans to proceed with the buy-back following shareholder approval at the upcoming Annual General Meeting.

Shriro Holdings Announces Board Changes and Director Resignations

Shriro Holdings Limited has announced significant changes to its board of directors, with Mr. John Murphy withdrawing his nomination for re-election and Mr. Brian Bunker resigning as a director. These changes follow the sale of shares by major shareholders Ariadne Australia Limited and D2A Holdings Pte Ltd. The company is in the process of appointing a new non-executive director to fill the casual vacancy, with further announcements expected once the appointment is finalized. The board has also decided to withdraw the resolution for Mr. Murphy’s re-election from the upcoming AGM.

Shriro Holdings Announces Potential Share Buy-Backs and Voting Power Changes

Shriro Holdings Limited announced updates regarding potential share buy-backs as outlined in their 2025 Notice of Annual General Meeting. The buy-backs, if executed, will result in shares being bought back at 81 cents each. Notably, Brunneis Investments Pty Ltd has increased its voting power to 19.62% after acquiring shares from D2A Holdings Pte Ltd and SPL Pacific Ltd. The buy-backs could further increase Brunneis’ voting power to 28.73%, raising potential control implications. Brunneis has agreed to abstain from voting on the resolutions related to the buy-backs, while CEO Tim Hargreaves has decided not to participate in the buy-backs. The Board reserves the right to proceed with the buy-backs based on capital management objectives and shareholder interests.

Shriro Holdings Director Sells Entire Shareholding

Shriro Holdings Limited has announced a significant change in the interests of its director, Brian Bunker. On October 22, 2025, Bunker disposed of his entire indirect interest of 15,284,117 ordinary shares in the company, valued at $13,297,181.79, through an off-market sale. This change leaves Bunker with no remaining securities in the company, which may impact the company’s governance and investor perception.

Shriro Holdings Sees Major Shareholder Exit as D2A Sells Stake

Shriro Holdings Limited announced that its major shareholder, D2A Holdings HK Ltd, has sold its entire 19.62% shareholding in the company at a price of 87 cents per share. The shares have been acquired by an unlisted company controlled by Ms. Fiona Brown. This transaction marks a significant change in the ownership structure of Shriro, potentially impacting its strategic direction and stakeholder interests.

Shriro Holdings Announces Strategic Share Buy-Back Plan

Shriro Holdings Limited has announced a proposed buy-back of up to $5 million of its shares at a premium price, representing approximately 7.9% of its share capital. This move is part of a strategic shift away from acquisitions, focusing instead on returning excess capital to investors and expanding its BBQ range globally. The buy-back is intended to optimize capital deployment and enhance shareholder value, with further buy-backs planned if deemed beneficial.

Shriro Holdings Announces New Dividend Distribution

Shriro Holdings Limited has announced a new dividend distribution for its shareholders. The company will pay a dividend of AUD 0.03 per share on its ordinary fully paid shares, with the ex-date set for October 13, 2025, the record date on October 14, 2025, and the payment date on October 30, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors.

Shriro Holdings Reconsiders Delisting, Plans Share Buy-Back and Special Dividend

Shriro Holdings Ltd announced that it has decided against proceeding with a previously considered delisting from the ASX and an associated share buy-back. Instead, the company is contemplating an off-market buy-back of $5 million worth of shares at $0.81 per share, subject to regulatory approval, and a special dividend to replace the final dividend not paid for the year ended June 2025. These decisions reflect the company’s strategic adjustments in response to market conditions and shareholder interests.