Telstra: Domestic Strength Can Support Moderate Philippine Investment

Leading Independent Investment Research, Morningstar, Inc.

Morningstar

Leading Independent Investment Research

Morningstar, Inc.

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Equity Bottom-Up

Telstra Leaves Autohome with AUD 2.1 billion.<ul><li class="p1">The sale of its 47.7% shareholding in Autohome is supportive of our positive view on narrow moat Telstra.</li><li class="p1">The disposal will intensify pressure on the company to reveal its hand on the capital management front, given its already strong financial position (net debt/EBITDA of 1.3 times).</li></ul>Analysts: Brian Han &amp; Benjamin Chan

Telstra Leaves Autohome with AUD 2.1 billion.The sale of its 47.7% shareholding in Autohome is supportive of our positive view on narrow moat Telstra.The disposal will intensify pressure on the company to reveal its hand on the capital management front, given its already strong financial position (net debt/EBITDA of 1.3 times).Analysts: Brian Han &amp; Benjamin Chan

Telstra's Leading Position and Reliable Cash Flow Make It An Attractive Income Stock.

Telstra Corp

Telstra's Leading Position and Reliable Cash Flow Make It An Attractive Income Stock.