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Can I read Shine Corporate FY20 Results Analysis on EtoBox?
Shine Corporate FY20 Results Analysis by ssdeb is a document available to read on EtoBox.
What is Shine Corporate FY20 Results Analysis about?
SHJ reported FY20 revenue of $182.5m (+2.8% YoY) and EBITDA of $51.2m (+8% YoY), in line with estimates. Growth was driven by strong performance in new practice areas, while personal injury fell. Guidance of high single digit EBITDA growth is supported by a large class actions pipeline and improving personal injury trends. The analyst maintains a Buy rating with a $1.19 target price, seeing value at 5.8x FY21 PE and potential for 14.5% EPS growth and a 5.8% dividend yield.
- Author
- ssdeb
- Language
- EN