Morningstar launches web-based research product
Morningstar has launched what it describes as a web-based research solution combining data on Australian and New Zealand listed companies – Morningstar DatAnalysis Premium.
Announcing the move this week, Morningstar Australasia chief executive Anthony Serhan said more than 20 years of company financials and annual reports dating back to the 1970s would now be available with a single log-in, providing a real edge for researchers and increased efficiencies in analysis.
"DatAnalysis Premium's combination of comprehensive historical ASX filings and company reports with wide-ranging, detailed fundamental financial data provides a very powerful solution for company analysis,” he said.
Serhan said users could reset the clock to an important point in a company's history, read what management was thinking, view historical financials to that point and what transpired afterwards, and compare the data with other companies in the same sector.
“The ability to easily create benchmarks for a relevant peer group is an extremely valuable functionality, while the library of more than 50,000 company reports dating back to the 1970s makes DatAnalysis Premium the living memory of public companies in Australia," Serhan said.
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