| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
FFXD.F Stock Overview
Fairfax India Holdings Corporation, an investment holding company, engages in the investment activities in India.
Fairfax India Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.05 |
| 52 Week High | US$15.00 |
| 52 Week Low | US$9.94 |
| Beta | 1.01 |
| 1 Month Change | 0.57% |
| 3 Month Change | -0.87% |
| 1 Year Change | -24.50% |
| 3 Year Change | -6.33% |
| 5 Year Change | -35.36% |
| Change since IPO | 0.90% |
Recent News & Updates
Shareholder Returns
| FFXD.F | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.3% | 2.8% | 1.3% |
| 1Y | -24.5% | -15.4% | -11.7% |
Return vs Industry: FFXD.F underperformed the US Capital Markets industry which returned -16% over the past year.
Return vs Market: FFXD.F underperformed the US Market which returned -11.6% over the past year.
Price Volatility
| FFXD.F volatility | |
|---|---|
| FFXD.F Average Weekly Movement | 4.3% |
| Capital Markets Industry Average Movement | 0.5% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: FFXD.F is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FFXD.F's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | 9 | Chandran Ratnaswami | https://www.fairfaxindia.ca |
Fairfax India Holdings Corporation, an investment holding company, engages in the investment activities in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted in, or dependent on, India. The company was incorporated in 2014 and is headquartered in Toronto, Canada.
Fairfax India Holdings Fundamentals Summary
| FFXD.F fundamental statistics | |
|---|---|
| Market Cap | US$1.54b |
| Earnings (TTM) | US$446.00k |
| Revenue (TTM) | US$37.16m |
3,454x
P/E Ratio41.4x
P/S RatioIs FFXD.F overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FFXD.F income statement (TTM) | |
|---|---|
| Revenue | US$37.16m |
| Cost of Revenue | US$0 |
| Gross Profit | US$37.16m |
| Other Expenses | US$36.71m |
| Earnings | US$446.00k |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0032 |
| Gross Margin | 100.00% |
| Net Profit Margin | 1.20% |
| Debt/Equity Ratio | 18.5% |
How did FFXD.F perform over the long term?
See historical performance and comparisonValuation
Is FFXD.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FFXD.F?
Other financial metrics that can be useful for relative valuation.
| What is FFXD.F's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$1.54b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 56.2x |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does FFXD.F's PB Ratio compare to its peers?
| FFXD.F PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.3x | ||
AMK AssetMark Financial Holdings | 1.4x | 16.9% | US$1.5b |
VRTS Virtus Investment Partners | 2x | n/a | US$1.6b |
VCTR Victory Capital Holdings | 1.9x | 30.2% | US$2.0b |
PX P10 | 3.7x | 63.4% | US$1.4b |
FFXD.F Fairfax India Holdings | 0.6x | n/a | US$1.5b |
Price-To-Book vs Peers: FFXD.F is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (2.3x).
Price to Earnings Ratio vs Industry
How does FFXD.F's PE Ratio compare vs other companies in the US Capital Markets Industry?
Price-To-Book vs Industry: FFXD.F is expensive based on its Price-To-Book Ratio (0.6x) compared to the US Capital Markets industry average (-20.7x)
Price to Book Ratio vs Fair Ratio
What is FFXD.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 0.6x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate FFXD.F's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FFXD.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FFXD.F ($11.05) is trading below our estimate of fair value ($54.36)
Significantly Below Fair Value: FFXD.F is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Fairfax India Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-14.1%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if FFXD.F's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if FFXD.F's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if FFXD.F's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FFXD.F's revenue is expected to decline over the next 3 years (-14.1% per year).
High Growth Revenue: FFXD.F's revenue is forecast to decline over the next 3 years (-14.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FFXD.F's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Fairfax India Holdings performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
8.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FFXD.F has high quality earnings.
Growing Profit Margin: FFXD.F's current net profit margins (1.2%) are lower than last year (75%).
Past Earnings Growth Analysis
Earnings Trend: FFXD.F's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: FFXD.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FFXD.F had negative earnings growth (-99.9%) over the past year, making it difficult to compare to the Capital Markets industry average (53.6%).
Return on Equity
High ROE: FFXD.F's Return on Equity (0.02%) is considered low.
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Financial Health
How is Fairfax India Holdings's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: FFXD.F's short term assets ($95.4M) exceed its short term liabilities ($50.3M).
Long Term Liabilities: FFXD.F's short term assets ($95.4M) do not cover its long term liabilities ($566.0M).
Debt to Equity History and Analysis
Debt Level: FFXD.F's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: FFXD.F's debt to equity ratio has increased from 0.2% to 18.5% over the past 5 years.
Debt Coverage: FFXD.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FFXD.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Dividend
What is Fairfax India Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FFXD.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FFXD.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FFXD.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FFXD.F's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FFXD.F has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Chandran Ratnaswami (73 yo)
no data
Tenure
US$2,185,550
Compensation
Mr. Chandran Ponnaiah Ratnaswami, B.E. (Civil), MBA, is Nominee Director at National Commodities Management Services Limited. He is Non-Executive Director at Chemplast Sanmar Limited since April 26, 2021....
CEO Compensation Analysis
Compensation vs Market: Chandran's total compensation ($USD2.19M) is below average for companies of similar size in the US market ($USD5.44M).
Compensation vs Earnings: Chandran's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: FFXD.F's management team is considered experienced (2 years average tenure).
Board Members
Experienced Board: FFXD.F's board of directors are considered experienced (7.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FFXD.F insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Fairfax India Holdings Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Fairfax India Holdings Corporation
- Ticker: FFXD.F
- Exchange: OTCPK
- Founded: 2014
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$1.538b
- Shares outstanding: 139.15m
- Website: https://www.fairfaxindia.ca
Number of Employees
Location
- Fairfax India Holdings Corporation
- 95 Wellington Street West
- Suite 800
- Toronto
- Ontario
- M5J 2N7
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/11 00:00 |
| End of Day Share Price | 2022/08/11 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.