How to buy Shine Justice shares | A$0.885

Shine Justice Ltd is a personal services business based in Australia. Shine Justice shares (SHJ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.885 – an increase of 2.91% over the previous week. Shine Justice has a trailing 12-month revenue of around $182.6 million.

How to buy shares in Shine Justice

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Shine Justice . Find the share by name or ticker symbol: SHJ. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Shine Justice reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.885, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Shine Justice . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Shine Justice 's share price?

Since the stock market crash in March caused by coronavirus, Shine Justice 's share price has had significant negative movement.

Its last market close was $0.885, which is 2.48% down on its pre-crash value of $0.9075 and 48.74% up on the lowest point reached during the March crash when the shares fell as low as $0.595.

If you had bought $1,000 worth of Shine Justice shares at the start of February 2020, those shares would have been worth $696.13 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $977.90.

Shine Justice share price

Use our graph to track the performance of SHJ stocks over time.

Shine Justice shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.885
52-week range	AUDA$0.58 - AUDA$1
50-day moving average	AUDA$0.8292
200-day moving average	AUDA$0.77
Target price	AUDA$1.27
PE ratio	7.1723
Dividend yield	AUDA$0.06 (6.08%)
Earnings per share (TTM)	AUDA$0.121

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Shine Justice stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Shine Justice Ltd by TradingView

Shine Justice price performance over time

Historical closes compared with the close of A$0.885 on 2020-10-21

1 week (2020-10-14)	5.36%
1 month (2020-09-22)	7.93%
3 months (2020-07-21)	45.08%
6 months (2020-04-21)	12.03%

1 year (2019-10-21)	4.73%
2 years (2018-10-19)	0.57%
3 years (2017-10-20)	48.74%
5 years (2015-10-21)	-58.84%

Is Shine Justice under- or over-valued?

Valuing Shine Justice stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shine Justice 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Shine Justice 's P/E ratio

Shine Justice 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Shine Justice shares trade at around 7x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Shine Justice 's PEG ratio

Shine Justice 's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.37. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Shine Justice 's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Shine Justice 's EBITDA

Shine Justice 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $40.6 million.

The EBITDA is a measure of a Shine Justice 's overall financial performance and is widely used to measure a its profitability.

Shine Justice financials

Revenue TTM	$182.6 million
Operating margin TTM	21.41%
Gross profit TTM	$90.5 million
Return on assets TTM	4.67%
Return on equity TTM	9.38%
Profit margin	11.76%
Book value	1.369
Market capitalisation	$153.3 million

TTM: trailing 12 months

Shine Justice share dividends

Dividend payout ratio: 35.42% of net profits

Recently Shine Justice has paid out, on average, around 35.42% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.08% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Shine Justice shareholders could enjoy a 6.08% return on their shares, in the form of dividend payments. In Shine Justice 's case, that would currently equate to about A$0.06 per share.

While Shine Justice 's payout ratio might seem fairly standard, it's worth remembering that Shine Justice may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 9 September 2020 (the "ex-dividend date").

Shine Justice share price volatility

Over the last 12 months, Shine Justice 's shares have ranged in value from as little as $0.58 up to $1. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Shine Justice 's is 1.0216. This would suggest that Shine Justice 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Shine Justice overview

Shine Justice Ltd, through its subsidiaries, provides damages based plaintiff litigation legal services in Australia; and insurance recovery consulting services in New Zealand. It operates through two segments, Personal Injury and New Practice Areas. The Personal Injury segment provides services related to public liability, catastrophic injuries, workers' compensation, and motor vehicle accidents. The New Practice Areas segment offers abuse law, disability insurance and superannuation claims, asbestos and dust disease, federal compensation law, medical law, class actions, commercial disputes, employment, and private client services. It operates 54 branches. The company was formerly known as Shine Corporate Ltd and changed its name to Shine Justice Ltd in April 2020. The company was founded in 1976 and is based in Brisbane, Australia.

Frequently asked questions

• What percentage of Shine Justice is owned by insiders or institutions?

  Currently 56.567% of Shine Justice shares are held by insiders and 17.345% by institutions.

• When does the fiscal year end for Shine Justice ?

  Shine Justice 's fiscal year ends in June.

• Where is Shine Justice based?

  Shine Justice 's address is: 160 Ann Street, Brisbane, QLD, Australia, 4000

• What is Shine Justice 's ISIN number?

  Shine Justice 's international securities identification number is: AU000000SHJ1