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.
Washington H. Soul Pattinson, or WHSP, is a value-oriented investment house which invests in public and privately held companies. As an investor, WHSP allocates capital with a view to taking a long-term position in its investments and on a passive basis. A long-held cross-shareholding in one of its investments--Brickworks--has provided a shield to WHSP from the short term-ism that is often pervasive in equity markets. Long-term holdings in the group’s three largest investments--TPG Corp., Brickworks and New Hope Corp.--predominate the group’s approximately AUD 5 billion investment net asset value.
Sydney, NSW, 2000, Australia