Shine JusticeASX:SHJ -2.61%49 ROE % is 5.86% as of Dec. 2025, which is 32% below its 10-year median of 8.58. 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 92 Personal Services companies, Shine Justice ranks worse than 64.13% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shine Justice's annualized net income for the quarter that ended in Dec. 2025 was A$15.4 Mil. Shine Justice's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$262.5 Mil. Therefore, Shine Justice's annualized ROE % for the quarter that ended in Dec. 2025 was 5.86%.
The historical rank and industry rank for Shine Justice's ROE % or its related term are showing as below:
ASX:SHJ'
s ROE % Range Over the Past 10 Years
Min: 0.21 Med: 8.58 Max: 11.69
Current: 3.8
During the past 13 years, Shine Justice's highest ROE % was 11.69%. The lowest was 0.21%. And the median was 8.58%.
ASX:SHJ's ROE % is ranked worse than 64.13% of 92
companies
in the Personal Services industry
Industry Median: 6.15
vs ASX:SHJ: 3.80
Shine Justice (ASX:SHJ) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Shine Justice ROE % Related Terms
Shine Justice ROE % Historical Data
* Premium members only.
The historical data trend for Shine Justice's ROE % 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.
For the Personal Services subindustry, Shine Justice's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Shine Justice's ROE % distribution charts can be found below:
* The bar in red indicates where Shine Justice's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Shine Justice (ASX:SHJ) has a ROE % of 5.86% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shine Justice and its competitors. This is 32% below median its historical median of 8.58. Over the past decade, Shine Justice's ROE % has ranged from 0.21 to 11.69. According to the industry distribution chart, Shine Justice ranks #59 out of 92 companies in the Personal Services industry, placing it in the top 64.1%.
Is Shine Justice's ROE % too high?
Shine Justice's current ROE % of 5.86% is 32% below median its 10-year median of 8.58. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 11.69. The Personal Services industry median ROE % is 6.15. Shine Justice's value of 5.86% is 4.7% below this industry median. Based on the distribution chart, Shine Justice ranks #59 out of 92 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 ROE % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Shine Justice ranks #59 out of 92 companies for ROE %. This places Shine Justice in the lower half of its industry. The industry median ROE % is 6.15. Shine Justice's value of 5.86% is 4.7% below this benchmark. Historically, Shine Justice's own ROE % has ranged from 0.21 to 11.69 over the past decade. While the company's 10-year median is 8.58 vs. the industry median of 6.15, Shine Justice has consistently been below 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 ROE % for a Personal Services company?
The median ROE % among Personal Services companies is 6.15, based on 92 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shine Justice's current ROE % of 5.86% is 4.7% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shine Justice and its competitors. For the Personal Services industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Justice's current ROE % is 5.86%, which is 32% below median its own 10-year median of 8.58. 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$0.65 — trading 10.6% below its estimated fair value. The current ROE % is 5.86%, which is 32% below median its 10-year median of 8.58 and 4.7% below the Personal Services industry median of 6.15. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Shine Justice (ASX:SHJ), the current ROE % is 5.86% 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$0.65 is trading 10.6% below its estimated GF Value™ of A$0.73.
GuruFocus considers Shine Justice to be Modestly Undervalued.
Key valuation signals for ASX:SHJ:
ROE %: 5.86% (32% below median its 10-year median of 8.58)
GF Value™: A$0.73 vs. price of A$0.65 (10.6% below fair value)
Industry Position: 4.7% below the Personal Services median (#59 of 92)
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
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