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Shine JusticeASX:SHJ +1.75%49 Return-on-Tangible-Asset is 2.86% as of Dec. 2025, which is 35% below its 10-year median of 4.43. GuruFocus rates ASX:SHJ with a GF Score™ of 49/100 and a GF Value™ of A$0.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 95 Personal Services companies, Shine Justice ranks worse than 53.68% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Shine Justice's annualizedNet Income for the quarter that ended in Dec. 2025 was A$15.4 Mil. Shine Justice's average total tangible assets for the quarter that ended in Dec. 2025 was A$536.9 Mil. Therefore, Shine Justice's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.86%.
The historical rank and industry rank for Shine Justice's Return-on-Tangible-Asset or its related term are showing as below:
ASX:SHJ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.1 Med: 4.43 Max: 6.41
Current: 1.87
During the past 13 years, Shine Justice's highest Return-on-Tangible-Asset was 6.41%. The lowest was 0.10%. And the median was 4.43%.
ASX:SHJ's Return-on-Tangible-Asset is ranked worse than 53.68% of 95
companies
in the Personal Services industry
Industry Median: 2.5
vs ASX:SHJ: 1.87
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Shine Justice Return-on-Tangible-Asset Related Terms
Shine Justice Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shine Justice's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:SHJ vs ROL, SCI, FTDR: Return-on-Tangible-Asset Comparison
For the Personal Services subindustry, Shine Justice's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shine Justice Return-on-Tangible-Asset vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Shine Justice's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shine Justice's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.86% mean?
Shine Justice (ASX:SHJ) has a Return-on-Tangible-Asset of 2.86% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shine Justice and its competitors. This is 35% below median its historical median of 4.43. Over the past decade, Shine Justice's Return-on-Tangible-Asset has ranged from 0.10 to 6.41. According to the industry distribution chart, Shine Justice ranks #51 out of 95 companies in the Personal Services industry, placing it in the top 53.7%.
Is Shine Justice's Return-on-Tangible-Asset too high?
Shine Justice's current Return-on-Tangible-Asset of 2.86% is 35% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 6.41. The Personal Services industry median Return-on-Tangible-Asset is 2.50. Shine Justice's value of 2.86% is 14.4% above this industry median. Based on the distribution chart, Shine Justice ranks #51 out of 95 companies in the Personal Services industry, which is below the industry midpoint. Overall, Shine Justice has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shine Justice's Return-on-Tangible-Asset compare to ROL and SCI?
According to the Personal Services industry distribution chart, Shine Justice ranks #51 out of 95 companies for Return-on-Tangible-Asset. This places Shine Justice in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.50. Shine Justice's value of 2.86% is 14.4% above this benchmark. Historically, Shine Justice's own Return-on-Tangible-Asset has ranged from 0.10 to 6.41 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 2.50, Shine Justice has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Personal Services company?
The median Return-on-Tangible-Asset among Personal Services companies is 2.50, based on 95 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shine Justice's current Return-on-Tangible-Asset of 2.86% is 14.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shine Justice and its competitors. For the Personal Services industry, the median Return-on-Tangible-Asset is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Justice's current Return-on-Tangible-Asset is 2.86%, which is 35% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Justice stock overvalued right now?
Based on GuruFocus' analysis, Shine Justice (ASX:SHJ) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.73, compared to a current price of A$0.58 — trading 20.5% below its estimated fair value. The current Return-on-Tangible-Asset is 2.86%, which is 35% below median its 10-year median of 4.43 and 14.4% above the Personal Services industry median of 2.50. Shine Justice's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Shine Justice (ASX:SHJ), the current Return-on-Tangible-Asset is 2.86% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shine Justice (ASX:SHJ) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Justice stock appears to be undervalued.
The current stock price of A$0.58 is trading 20.5% below its estimated GF Value™ of A$0.73.
GuruFocus considers Shine Justice to be Modestly Undervalued.
Key valuation signals for ASX:SHJ:
Return-on-Tangible-Asset: 2.86% (35% below median its 10-year median of 4.43)
GF Value™: A$0.73 vs. price of A$0.58 (20.5% below fair value)
Industry Position: 14.4% above the Personal Services median (#51 of 95)
No single metric tells the full story. See the ASX:SHJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Justice Ltd offers legal services. It operates through the following business segments: Personal injury and Class Actions. The firm generates the majority of its revenue from the Personal injury segment. Its Personal injury segment includes motor vehicle accidents, workers' compensation, public liability, catastrophic injuries, and Others. Its firm includes Shine Lawyers, Sciaccas Lawyers, Stephen Browne Personal Injury Lawyers, Bradley Bayly Lawyers, and Carr & Co Divorce and Family Lawyers.
49GF Score
Get the complete analysis for ASX:SHJ
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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