- Soul Pattinson’s net income for the first half was A$302.5 million, a decrease of 33% compared to the previous year.
- The profit before non-regular items was A$241.3 million, which is a 49% decrease year over year.
- The company declared an interim dividend per share of A$0.40, up from A$0.36 the previous year.
- Revenue from continuing operations saw an increase of 34% year over year, reaching A$387.9 million.
- The Net Asset Value pre-tax increased to A$11.5 billion.
- Net Cash Flow from Investments increased by 6.9% to A$263.4 million. This increase is due to the continued growth of the Credit Portfolio and income from the Strategic Portfolio.
- There is currently 1 buy, 1 hold, and 0 sells for Soul Pattinson.
A look at Washington H. Soul Pattinson and Co. Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Washington H. Soul Pattinson & Company Limited, an investment holding company, has a positive long-term outlook according to the Smartkarma Smart Scores. The company scored a 3 in Value, indicating that it is considered reasonably priced by the market. With a score of 2 in Dividend, the company is expected to pay out consistent dividends to its shareholders. In terms of Growth, Washington H. Soul Pattinson scored a 5, indicating strong growth potential in the future. The company also scored a 4 in both Resilience and Momentum, highlighting its ability to withstand economic downturns and its positive market sentiment, respectively.
Based on the information provided, Washington H. Soul Pattinson & Company Limited has a diverse portfolio of investments, including shares, properties, coal mining, telecommunications and more. This diversification may contribute to the company’s strong outlook, as it is not solely reliant on one industry. With a mix of stable and growth-oriented investments, the company is well-positioned for long-term success. Investors can be confident in the company’s ability to generate consistent returns and provide steady dividends, making it a promising investment option in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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