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Morningstar

Fairfax Financial Holdings Ltd Shs Subord.Vtg FFH Stock Quote

Morningstar Rating
| Rating as of

XTSE: FFH

Last close prices updated as of Jan 27, 2023, 4:00 PM EST | CAD
  • Last Close 851.5
  • Sector Financial Services
  • Industry Insurance - Property & Casualty
  • Investment Style Large Value
  • Day Range 846.71  –  871.66
  • Year Range 569.62  –  855.43
  • Market Cap 19.9641 Bil
  • Volume / Avg 32,483.0 /  60,166.7
  • Price / Sales 0.64
  • Price / Book 1.12
  • Forward Div Yield 1.68%
  • Trailing Div Yield 1.17%

Morningstar‘s Stock Analysis FFH

Valuation
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Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

While Its Primary Business Is Insurance, Fairfax Is in Some Ways More of an Investment Fund

Brett Horn Senior Equity Analyst

Business Strategy and Outlook

| Brett Horn |

While its primary business is insurance, Fairfax is in some ways more of an investment fund. Chairman and CEO Prem Watsa has a history of bold investment bets and has shown a willingness to be unorthodox when it comes to portfolio construction. As a result, compared with other insurers, the company's results tend to be driven more by results on the investment side. We're somewhat skeptical of this approach, as we believe disciplined underwriting is a more maintainable path to long-term value creation, and Fairfax's underwriting record is relatively poor.

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Key Statistics FFH

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Company Profile FFH

Business Description

Fairfax Financial offers reinsurance and property and casualty insurance in Canada, the United States, and other international markets. About 25% of premiums come from reinsurance activities, and almost 30% of premiums are generated from outside Canada and the U.S. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.

Contact
95 Wellington Street West, Suite 800
Toronto, ON, M5J 2N7, CAN
Sector Financial Services
Industry Insurance - Property & Casualty
Employees 39,040

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FAQs for Fairfax Financial Holdings Ltd Shs Subord.Vtg Stock

Yes. FFH has a forward dividend yield of 1.68%. See FFH’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

FFH’s market cap is 19.96 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

FFH’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

FFH’s price/sales is 0.64.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

FFH’s price/forward earnings is 6.92.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

FFH’s price/book is 1.12.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See FFH’s valuation ratios compared to the Market Index.

FFH’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare FFH’s historical performance against its industry peers and the overall market.