How does FFH.PRG's PE Ratio compare to its peers?

FFH.PRG is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (15.7x).

How does FFH.PRG's PE Ratio compare vs other companies in the North American Insurance Industry?

FFH.PRG is good value based on its Price-To-Earnings Ratio (7.7x) compared to the North American Insurance industry average (12.6x).

What is FFH.PRG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FFH.PRG is good value based on its Price-To-Earnings Ratio (7.7x) compared to the estimated Fair Price-To-Earnings Ratio (8.2x).

What is the Fair Price of FFH.PRG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FFH.PRG (CA$22.7) is trading below our estimate of [[fair value]] (CA$62.37)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

FFH.PRG Stock Overview

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. More details

FFH.PRG fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 63.6% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 13.4% per year for the next 3 years

Profit margins (11.7%) are lower than last year (17%)

My Notes

Capture your thoughts, links and company narrative

Fairfax Financial Holdings Limited Competitors

Intact Financial

TSX:IFC

CA$45.3b

Definity Financial

TSX:DFY

CA$6.3b

Sun Life Financial

TSX:SLF

CA$48.8b

Trisura Group

TSX:TSU

CA$1.7b

Price History & Performance

Summary of share price highs, lows and changes for Fairfax Financial Holdings
Historical stock prices
Current Share Price	CA$22.70
52 Week High	CA$22.79
52 Week Low	CA$16.15
Beta	0.85
1 Month Change	4.37%
3 Month Change	27.17%
1 Year Change	35.20%
3 Year Change	21.72%
5 Year Change	47.02%
Change since IPO	-8.65%

Recent updates

Shareholder Returns

	FFH.PRG	CA Insurance	CA Market
7D	1.2%	2.3%	2.6%
1Y	35.2%	29.8%	17.7%

Return vs Industry: FFH.PRG exceeded the Canadian Insurance industry which returned 29.8% over the past year.

Return vs Market: FFH.PRG exceeded the Canadian Market which returned 17.7% over the past year.

Price Volatility

Is FFH.PRG's price volatile compared to industry and market?
FFH.PRG volatility
FFH.PRG Average Weekly Movement	4.3%
Insurance Industry Average Movement	2.6%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	18.5%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: FFH.PRG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FFH.PRG's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1951	n/a	V. Watsa	www.fairfax.ca

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, terrorism, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance.

Fairfax Financial Holdings Limited Fundamentals Summary

How do Fairfax Financial Holdings's earnings and revenue compare to its market cap?
FFH.PRG fundamental statistics
Market cap	CA$43.55b
Earnings (TTM)	CA$5.74b
Revenue (TTM)	CA$48.99b

7.7x

P/E Ratio

0.9x

P/S Ratio

Is FFH.PRG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FFH.PRG income statement (TTM)
Revenue	US$34.17b
Cost of Revenue	US$21.35b
Gross Profit	US$12.82b
Other Expenses	US$8.82b
Earnings	US$4.00b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	182.25
Gross Margin	37.51%
Net Profit Margin	11.71%
Debt/Equity Ratio	37.2%

How did FFH.PRG perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

8%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/21 01:55
End of Day Share Price	2025/01/21 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fairfax Financial Holdings Limited is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Tom MacKinnon	BMO Capital Markets Equity Research
Nikolaus Priebe	CIBC Capital Markets
Jeffrey Fenwick	Cormark Securities Inc.