Fairfax Financial Holdings Limited, together with its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally.
Reasonable growth potential second-rate dividend payer.
Share Price & News
How has Fairfax Financial Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FFH has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FFH underperformed the Canadian Insurance industry which returned -5.7% over the past year.
Return vs Market: FFH underperformed the Canadian Market which returned -3.9% over the past year.
Price Volatility Vs. Market
How volatile is Fairfax Financial Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StReflecting on Fairfax Financial Holdings' (TSE:FFH) Share Price Returns Over The Last Five Years
1 month ago | Simply Wall StV. Watsa Is The Founder of Fairfax Financial Holdings Limited (TSE:FFH) And They Just Picked Up 155% More Shares
1 month ago | Simply Wall StDo Directors Own Fairfax Financial Holdings Limited (TSE:FFH) Shares?
Is Fairfax Financial Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: FFH (CA$411.17) is trading above our estimate of fair value (CA$259.17)
Significantly Below Fair Value: FFH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FFH is unprofitable, so we can't compare its PE Ratio to the CA Insurance industry average.
PE vs Market: FFH is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FFH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FFH is good value based on its PB Ratio (0.7x) compared to the CA Insurance industry average (0.9x).
How is Fairfax Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FFH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: FFH is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FFH's is expected to become profitable in the next 3 years.
Revenue vs Market: FFH's revenue (12.8% per year) is forecast to grow faster than the Canadian market (5.7% per year).
High Growth Revenue: FFH's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FFH's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Fairfax Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FFH is currently unprofitable.
Growing Profit Margin: FFH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FFH is unprofitable, but has reduced losses over the past 5 years at a rate of 15.7% per year.
Accelerating Growth: Unable to compare FFH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FFH is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-2.7%).
Return on Equity
High ROE: FFH has a negative Return on Equity (-2.35%), as it is currently unprofitable.
How is Fairfax Financial Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: FFH's short term assets ($27.6B) exceed its short term liabilities ($13.1B).
Long Term Liabilities: FFH's short term assets ($27.6B) do not cover its long term liabilities ($41.0B).
Debt to Equity History and Analysis
Debt Level: FFH's debt to equity ratio (45.5%) is considered high.
Reducing Debt: FFH's debt to equity ratio has increased from 30.4% to 45.5% over the past 5 years.
Debt Coverage: FFH's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: Insufficient data to determine if FFH's interest payments on its debt are well covered by EBIT.
What is Fairfax Financial Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FFH's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: FFH's dividend (3.25%) is low compared to the top 25% of dividend payers in the Canadian market (5.8%).
Stability and Growth of Payments
Stable Dividend: FFH's dividends per share have been stable in the past 10 years.
Growing Dividend: FFH's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: FFH is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: FFH's dividends in 3 years are forecast to be well covered by earnings (39% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
V. Watsa (70 yo)
Mr. V. Prem Watsa founded Fairfax Financial Holdings Limited in 1985 and has been its Chairman and Chief Executive Officer since 1985. Mr. Watsa serves as the President of 1109519 Ontario Limited, 810679 O ...
CEO Compensation Analysis
Compensation vs Market: V.'s total compensation ($USD587.78K) is below average for companies of similar size in the Canadian market ($USD3.92M).
Compensation vs Earnings: V.'s compensation has been consistent with company performance over the past year.
|VP & CFO||1yr||US$1.46m||0.0049% |
|VP & COO||1.5yrs||US$3.04m||0.0078% |
|Vice President of Corporate Development||8yrs||US$1.06m||0.011% |
|Vice President of Administrative Services||no data||no data||0.012% |
|Associate Vice President of Legal||no data||no data||no data|
|VP of Corporate Affairs & Corporate Secretary||8.58yrs||US$942.68k||0.32% |
|VP & Treasurer||14.5yrs||US$877.90k||0.12% |
|President of Fairfax Insurance Group||no data||no data||0.19% |
|President of Fairfax Brasil||no data||no data||no data|
|President & Chief Investment Officer of Hamblin Watsa Investment Counsel||no data||no data||0.0034% |
|President & CEO of Zenith National Insurance Corp.||no data||no data||no data|
Experienced Management: FFH's management team is seasoned and experienced (8.3 years average tenure).
|Director||0.33yr||no data||0.00016% |
|Independent Director||18.58yrs||US$171.66k||0.025% |
|Independent Director||16.58yrs||US$164.31k||0.0076% |
|Independent Director||10.33yrs||US$92.36k||0.0064% |
|Independent Director||13.33yrs||US$187.58k||0.0038% |
|Lead Independent Director||0.33yr||US$302.67k||0.0038% |
|Independent Director||3.33yrs||US$114.94k||0.095% |
|Independent Director||3.33yrs||US$85.72k||no data|
Experienced Board: FFH's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FFH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fairfax Financial Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Fairfax Financial Holdings Limited
- Ticker: FFH
- Exchange: TSX
- Founded: 1951
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: CA$10.877b
- Shares outstanding: 26.45m
- Website: https://www.fairfax.ca
Number of Employees
- Fairfax Financial Holdings Limited
- 95 Wellington Street West
- Suite 800
- M5J 2N7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FFH||TSX (The Toronto Stock Exchange)||Yes||Subordinate Voting Shares||CA||CAD||Jan 1975|
|FRFH.F||OTCPK (Pink Sheets LLC)||Yes||Subordinate Voting Shares||US||USD||Jan 1975|
|FFX||DB (Deutsche Boerse AG)||Yes||Subordinate Voting Shares||DE||EUR||Jan 1975|
|FFH N||BMV (Bolsa Mexicana de Valores)||Yes||Subordinate Voting Shares||MX||MXN||Jan 1975|
|0KV5||LSE (London Stock Exchange)||Yes||Subordinate Voting Shares||GB||CAD||Jan 1975|
|FFH.PRC||TSX (The Toronto Stock Exchange)||PFD SHS C||CA||CAD||Oct 2009|
|FXFL.F||OTCPK (Pink Sheets LLC)||PFD SHS C||US||USD||Oct 2009|
|FFH.PRE||TSX (The Toronto Stock Exchange)||PFD SHS SER E||CA||CAD||Feb 2010|
|FRFG.F||OTCPK (Pink Sheets LLC)||PFD SHS SER E||US||USD||Feb 2010|
|FFH.PRG||TSX (The Toronto Stock Exchange)||PFD SHS SER G||CA||CAD||Jul 2010|
|FFH.PRI||TSX (The Toronto Stock Exchange)||RESET CV PFD-I||CA||CAD||Oct 2010|
|FRFX.F||OTCPK (Pink Sheets LLC)||RESET CV PFD-I||US||USD||Oct 2010|
|FFH.PRK||TSX (The Toronto Stock Exchange)||CUM 5Y RT PFD K||CA||CAD||Mar 2012|
|FRFF.F||OTCPK (Pink Sheets LLC)||CUM 5Y RT PFD K||US||USD||Mar 2012|
|FRFZ.F||OTCPK (Pink Sheets LLC)||PFD SHS SER D||US||USD||Jan 2015|
|FFH.PRD||TSX (The Toronto Stock Exchange)||PFD SHS SER D||CA||CAD||Jan 2015|
|FFH.PRM||TSX (The Toronto Stock Exchange)||PFD SHS 5YR SR M||CA||CAD||Mar 2015|
|FFH.PRF||TSX (The Toronto Stock Exchange)||PFD SHS SER F||CA||CAD||Apr 2015|
|FFH.PRH||TSX (The Toronto Stock Exchange)||PFD SHS SER H||CA||CAD||Oct 2015|
|FAXX.F||OTCPK (Pink Sheets LLC)||PFD SHS SER H||US||USD||Oct 2015|
|FFH.PRJ||TSX (The Toronto Stock Exchange)||PFD SHS SER J||CA||CAD||Jan 2016|
Fairfax Financial Holdings Limited, together with its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and inte ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/09 00:51|
|End of Day Share Price||2020/08/07 00:00|
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.