Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Parkway Life Real Estate Investment Trust is a healthcare facility's real estate investment trust. that operates three segments: hospital and medical centers, nursing homes, and pharmaceutical manufacturing and distribution. Most of the company's sales are generated by its hospital and medical centers segment, which invests in healthcare real estate assets. Most of the company's sales are generated in Singapore, followed by Japan. The company considers merger and acquisition investment as a component of its operational growth strategy.
Singapore, 068898, Singapore