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Shine Justice Ltd. (SHJ) AI Stock Analysis

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AU:SHJ

Shine Justice Ltd.

(ASX:SHJ)

Select Model
Rating:66Neutral
Price Target:AUD 0.82â–²(27.29% Upside)
Action:reiterated
Date:09/08/26

The score is driven primarily by solid but inconsistent financial performance (stable balance sheet and generally positive free cash flow, offset by volatile earnings and modest recent margins). Technicals add support with the price above major moving averages and neutral-to-positive momentum. Valuation is a clear positive due to a moderate P/E and high dividend yield.

Positive Factors
Stable Balance SheetModerate, stable leverage and consistently sizable equity indicate a sound financial base. The absence of major balance-sheet deterioration preserves flexibility to fund operations and manage periods of weaker profitability over the next several quarters.
Negative Factors
Flat Revenue TrendBroadly stagnant revenue indicates limited recent expansion in the underlying business and reduces operating leverage opportunities. The FY2026 decline further suggests that restoring durable growth may require improved demand, retention, or execution.

Shine Justice Ltd. (SHJ) vs. iShares MSCI Australia ETF (EWA)

-15%-10%-5%0%5%10%15%20%AU:SHJ+0.47%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 109.34M
Dividend Yield
6.20%
Average Volume (3M)
36.43K
Price to Earnings (P/E)
11.3
Beta (1Y)
0.14
Revenue Growth
2.32%
EPS Growth
1630.30%
Country
Australia
Employees
896
Sector
Consumer Cyclical
Sector Strength
61
Industry
Personal Products & Services

Shine Justice Ltd. Business Overview & Revenue Model

Company Description

Shine Justice Ltd provides legal services in Australia and New Zealand. It operates in two segments, Personal Injury and Class Actions. The company provides legal services for motor vehicle accidents, abuse law, workers’ compensation, public liabilit...

Shine Justice Ltd. Financial Statement Overview

Summary

Financials are steady but uneven: revenue has been broadly flat with a small FY2026 decline (-1.9%), profitability has been volatile versus the strong FY2021–FY2022 period, and net margins remain modest (~4.6% in FY2026). The balance sheet looks sound with moderate, stable leverage (debt-to-equity ~0.32–0.41), and free cash flow is generally positive (including ~A$16m in FY2026) but has swung significantly year to year, which tempers confidence in consistency.

Income Statement

54Neutral

Balance Sheet

68Positive

Cash Flow

60Neutral
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue209.17M209.17M204.94M195.73M223.14M213.19M
Gross Profit195.53M195.53M83.35M79.85M107.22M101.61M
EBITDA42.68M43.73M28.71M34.67M29.61M63.43M
Net Income9.60M9.60M572.00K6.04M3.31M31.14M
Balance Sheet
Total Assets593.29M593.29M575.52M592.58M638.75M654.24M
Cash, Cash Equivalents and Short-Term Investments12.51M12.51M18.06M34.83M21.09M51.86M
Total Debt98.82M98.82M99.03M85.99M111.88M92.71M
Total Liabilities333.55M333.55M314.22M319.95M367.91M376.44M
Stockholders Equity262.91M262.91M261.65M272.46M270.68M277.64M
Cash Flow
Free Cash Flow16.33M16.33M17.93M48.45M707.00K4.89M
Operating Cash Flow19.04M19.04M19.49M49.44M8.33M10.63M
Investing Cash Flow-2.99M-2.99M-47.00K-3.92M-9.50M-5.01M
Financing Cash Flow-21.57M-21.57M-30.82M-37.19M-29.62M-9.71M

Shine Justice Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.65

Price Trends

50DMA0.65Negative
100DMA0.62Positive
200DMA0.65Negative

Market Momentum

MACD-0.00Negative
RSI48.70Neutral
STOCH55.36Neutral

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 0.65 is above the 20-day moving average (MA) of 0.64, below the 50-day MA of 0.65, and below the 200-day MA of 0.65, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 48.70 is Neutral, neither overbought nor oversold. The STOCH value of 55.36 is Neutral, 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

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:SHJ against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:SHJAU:SHJ66NeutralAUD 110.33M11.283.65%6.20%2.32%1630.30%
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
AU:AFLAU:AFL48NeutralAUD 12.98M28.004.70%―28.73%354.55%

* Consumer Cyclical Sector Average

Performance Comparison

-20%0%20%AU:SHJAU:AFLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:SHJ and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:SHJShine Justice Ltd.0.65-0.05-7.06%
AU:AFLAF Legal Group Limited0.140.013.70%

Shine Justice Ltd. Corporate Events

Shine Justice Sets October Date for 2026 AGM, Emphasises Digital Access for Investors

Sep 14, 2026

Shine Justice Ltd, the ASX-listed legal services firm behind Shine Lawyers, has scheduled its 2026 Annual General Meeting for 14 October at its Brisbane offices, reinforcing its focus on transparent governance and investor engagement. The company has...

Shine Justice Corrects Director Equity Disclosure and Updates NED Shareholdings

Sep 1, 2026

Shine Justice has corrected an earlier disclosure regarding non-executive director David Sutton Bayes’ equity holdings, clarifying that his FY27 Non-Executive Director (NED) Rights total 47,123 rather than the previously reported 41,123. The up...

Shine Justice Director Increases Indirect Shareholding Under Equity Plan

Sep 1, 2026

Shine Justice Ltd has reported a change in director Rodney Michael Douglas’s holdings, with his interest shifting from a direct to an indirect structure under the company’s Non-executive Director Equity Plan. The adjustment reflects the a...

Shine Justice Director Increases Indirect Equity via NED Plan Vesting

Aug 31, 2026

Shine Justice Ltd has reported a change in the interests of non-executive director Teresa Mary Dyson following the vesting of her FY26 Non-executive Director Rights. Under the company’s NED Equity Plan, Dyson salary sacrificed a portion of her...

Shine Justice Updates Non-Executive Director Equity Holdings

Aug 31, 2026

Shine Justice Ltd has disclosed a change in the equity interests of non-executive director Graham John Bradley AO, reflecting the operation of the company’s Non-executive Director Equity Plan. Under this plan, Bradley’s holding shifted fr...

Shine Justice Issues 223,267 New Shares Following Option Conversions

Aug 31, 2026

Shine Justice Ltd has notified the market of the issuance of 223,267 ordinary fully paid shares on August 31, 2026, following the conversion or exercise of previously unquoted equity securities. The move modestly expands the company’s share bas...

Shine Justice files 2026 corporate governance statement and Appendix 4G

Aug 27, 2026

Shine Justice has lodged its Appendix 4G key to corporate governance disclosures and its Corporate Governance Statement for the financial year ended 30 June 2026. The documents, approved by the board and made available via the company’s website...

Shine Justice Releases FY26 Full-Year Results Presentation

Aug 27, 2026

Shine Justice Ltd has released its full-year results presentation for the financial year ended 30 June 2026, providing investors with detailed financial and operational performance data. The presentation, authorised by the Board, forms the basis for...

Shine Justice Declares Interim Dividend for June Half-Year

Aug 27, 2026

Shine Justice Ltd has declared an interim dividend of AUD 0.025 per ordinary fully paid share for the six-month period ended 30 June 2026. The dividend will be paid on 14 October 2026, with an ex-dividend date of 28 September and a record date of 29...

Shine Justice Marks 50 Years as It Releases 2026 Annual Report

Aug 27, 2026

Shine Justice Ltd has released its 2026 Annual Report to the market, marking a formal update to investors and stakeholders on the company’s performance and activities over the past financial year. The report is authorised by the board, undersco...

Shine Justice posts profit surge and lifts fully franked dividend

Aug 27, 2026

Shine Justice Ltd has reported a modest 2.3% increase in revenue to $209.2 million for the year ended 30 June 2026, but a sharply higher net profit attributable to members of $9.3 million, up more than fourteen-fold from the prior year. The result, s...

Shine Justice Sets October Date for 2026 AGM and Director Nominations

Aug 19, 2026

Shine Justice Ltd, an ASX-listed legal services company, operates within the Australian justice sector and is overseen by a board whose composition is subject to shareholder approval at regular general meetings. The firm’s governance structure...

Shine Justice Sets Date for FY26 Results and Investor Briefing

Jul 22, 2026

Shine Justice Ltd has scheduled the release of its financial results for the year ended 30 June 2026 for Friday, 28 August 2026. The company will host an analyst and investor briefing at 10:30 a.m. AEST on the same day, underscoring its ongoing engag...

Shine Justice Director Bayes Boosts Equity Stake via FY27 Rights Grant

Jul 1, 2026

Shine Justice non-executive director David Sutton Bayes has increased his equity-linked remuneration through the grant of 47,123 FY27 NED Rights, entitlements to acquire fully paid ordinary shares under the company’s Non-executive Director Equi...

Shine Justice Issues New Salary Sacrifice Rights Under Employee Scheme

Jul 1, 2026

Shine Justice Ltd has issued 192,741 unquoted salary sacrifice rights under its employee incentive scheme, effective 1 July 2026. The rights, which will not be quoted on the ASX, form part of the company’s broader approach to compensating staff...

Shine Justice Performance Rights Lapse Reduces Equity Incentive Pool

Jun 25, 2026

Shine Justice Ltd has announced the cessation of 215,236 performance rights identified under the ASX security code SHJAA. These performance rights lapsed because the conditions attached to them were not satisfied or became incapable of being met, res...

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.

Date of analysis: Sep 08, 2026