Logo image of FFH-PR-I.CA

FAIRFAX FINL HLDGS LTD - FFHCN 3.327 PERP (FFH-PR-I.CA) Stock Fundamental Analysis

Canada - TSX:FFH-PR-I - CA3039018476

24.77 CAD
+0.06 (+0.24%)
Last: 9/16/2025, 7:00:00 PM
Fundamental Rating

6

Taking everything into account, FFH-PR-I scores 6 out of 10 in our fundamental rating. FFH-PR-I was compared to 77 industry peers in the Insurance industry. While FFH-PR-I belongs to the best of the industry regarding profitability, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on FFH-PR-I.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

FFH-PR-I had positive earnings in the past year.
FFH-PR-I had a positive operating cash flow in the past year.
In the past 5 years FFH-PR-I has always been profitable.
In multiple years FFH-PR-I reported negative operating cash flow during the last 5 years.
FFH-PR-I.CA Yearly Net Income VS EBIT VS OCF VS FCFFFH-PR-I.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B -4B 6B

1.2 Ratios

With an excellent Return On Assets value of 4.41%, FFH-PR-I belongs to the best of the industry, outperforming 98.70% of the companies in the same industry.
FFH-PR-I has a better Return On Equity (17.74%) than 100.00% of its industry peers.
FFH-PR-I has a Return On Invested Capital of 5.36%. This is amongst the best in the industry. FFH-PR-I outperforms 87.01% of its industry peers.
FFH-PR-I had an Average Return On Invested Capital over the past 3 years of 4.77%. This is above the industry average of 2.33%.
The 3 year average ROIC (4.77%) for FFH-PR-I is below the current ROIC(5.36%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.41%
ROE 17.74%
ROIC 5.36%
ROA(3y)4.31%
ROA(5y)3.41%
ROE(3y)17.47%
ROE(5y)14.83%
ROIC(3y)4.77%
ROIC(5y)3.33%
FFH-PR-I.CA Yearly ROA, ROE, ROICFFH-PR-I.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15 20

1.3 Margins

FFH-PR-I's Profit Margin of 11.07% is fine compared to the rest of the industry. FFH-PR-I outperforms 79.22% of its industry peers.
In the last couple of years the Profit Margin of FFH-PR-I has remained more or less at the same level.
Looking at the Operating Margin, with a value of 15.63%, FFH-PR-I is in line with its industry, outperforming 57.14% of the companies in the same industry.
FFH-PR-I's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 15.63%
PM (TTM) 11.07%
GM N/A
OM growth 3Y17.05%
OM growth 5Y16.16%
PM growth 3Y-10.7%
PM growth 5Y0.68%
GM growth 3YN/A
GM growth 5YN/A
FFH-PR-I.CA Yearly Profit, Operating, Gross MarginsFFH-PR-I.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FFH-PR-I is creating some value.
Compared to 1 year ago, FFH-PR-I has less shares outstanding
The number of shares outstanding for FFH-PR-I has been reduced compared to 5 years ago.
The debt/assets ratio for FFH-PR-I is higher compared to a year ago.
FFH-PR-I.CA Yearly Shares OutstandingFFH-PR-I.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
FFH-PR-I.CA Yearly Total Debt VS Total AssetsFFH-PR-I.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B

2.2 Solvency

FFH-PR-I has a debt to FCF ratio of 3.94. This is a good value and a sign of high solvency as FFH-PR-I would need 3.94 years to pay back of all of its debts.
FFH-PR-I has a worse Debt to FCF ratio (3.94) than 66.23% of its industry peers.
FFH-PR-I has a Debt/Equity ratio of 0.51. This is a neutral value indicating FFH-PR-I is somewhat dependend on debt financing.
FFH-PR-I has a Debt to Equity ratio of 0.51. This is in the lower half of the industry: FFH-PR-I underperforms 64.94% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF 3.94
Altman-Z N/A
ROIC/WACC1.22
WACC4.38%
FFH-PR-I.CA Yearly LT Debt VS Equity VS FCFFFH-PR-I.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B

2.3 Liquidity

A Current Ratio of 0.52 indicates that FFH-PR-I may have some problems paying its short term obligations.
FFH-PR-I's Current ratio of 0.52 is amongst the best of the industry. FFH-PR-I outperforms 89.61% of its industry peers.
FFH-PR-I has a Quick Ratio of 0.52. This is a bad value and indicates that FFH-PR-I is not financially healthy enough and could expect problems in meeting its short term obligations.
FFH-PR-I has a better Quick ratio (0.52) than 89.61% of its industry peers.
Industry RankSector Rank
Current Ratio 0.52
Quick Ratio 0.52
FFH-PR-I.CA Yearly Current Assets VS Current LiabilitesFFH-PR-I.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

6

3. Growth

3.1 Past

FFH-PR-I shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.98%, which is quite impressive.
FFH-PR-I shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.21% yearly.
Looking at the last year, FFH-PR-I shows a quite strong growth in Revenue. The Revenue has grown by 9.34% in the last year.
FFH-PR-I shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.88% yearly.
EPS 1Y (TTM)20.98%
EPS 3Y9.62%
EPS 5Y18.21%
EPS Q2Q%65.71%
Revenue 1Y (TTM)9.34%
Revenue growth 3Y17.52%
Revenue growth 5Y13.88%
Sales Q2Q%13.49%

3.2 Future

The Earnings Per Share is expected to decrease by -3.91% on average over the next years.
Based on estimates for the next years, FFH-PR-I will show a quite strong growth in Revenue. The Revenue will grow by 12.52% on average per year.
EPS Next Y13.57%
EPS Next 2Y4.64%
EPS Next 3Y5.36%
EPS Next 5Y-3.91%
Revenue Next Year30.1%
Revenue Next 2Y17.21%
Revenue Next 3Y18.16%
Revenue Next 5Y12.52%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
FFH-PR-I.CA Yearly Revenue VS EstimatesFFH-PR-I.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B 40B
FFH-PR-I.CA Yearly EPS VS EstimatesFFH-PR-I.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 50 100 150

9

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 0.09, the valuation of FFH-PR-I can be described as very cheap.
100.00% of the companies in the same industry are more expensive than FFH-PR-I, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FFH-PR-I to the average of the S&P500 Index (27.20), we can say FFH-PR-I is valued rather cheaply.
With a Price/Forward Earnings ratio of 0.10, the valuation of FFH-PR-I can be described as very cheap.
Based on the Price/Forward Earnings ratio, FFH-PR-I is valued cheaper than 100.00% of the companies in the same industry.
FFH-PR-I's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
Industry RankSector Rank
PE 0.09
Fwd PE 0.1
FFH-PR-I.CA Price Earnings VS Forward Price EarningsFFH-PR-I.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

97.40% of the companies in the same industry are more expensive than FFH-PR-I, based on the Enterprise Value to EBITDA ratio.
FFH-PR-I's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FFH-PR-I is cheaper than 81.82% of the companies in the same industry.
Industry RankSector Rank
P/FCF 0.13
EV/EBITDA 0.78
FFH-PR-I.CA Per share dataFFH-PR-I.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 500 1K 1.5K 2K

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of FFH-PR-I may justify a higher PE ratio.
PEG (NY)0.01
PEG (5Y)0.01
EPS Next 2Y4.64%
EPS Next 3Y5.36%

4

5. Dividend

5.1 Amount

With a yearly dividend of 0.89%, FFH-PR-I is not a good candidate for dividend investing.
With a Dividend Yield of 0.89, FFH-PR-I pays less dividend than the industry average, which is at 3.91. 89.61% of the companies listed in the same industry pay a better dividend than FFH-PR-I!
With a Dividend Yield of 0.89, FFH-PR-I pays less dividend than the S&P500 average, which is at 2.38.
Industry RankSector Rank
Dividend Yield 0.89%

5.2 History

On average, the dividend of FFH-PR-I grows each year by 16.96%, which is quite nice.
FFH-PR-I has paid a dividend for at least 10 years, which is a reliable track record.
FFH-PR-I has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)16.96%
Div Incr Years0
Div Non Decr Years3
FFH-PR-I.CA Yearly Dividends per shareFFH-PR-I.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

18.53% of the earnings are spent on dividend by FFH-PR-I. This is a low number and sustainable payout ratio.
DP18.53%
EPS Next 2Y4.64%
EPS Next 3Y5.36%
FFH-PR-I.CA Yearly Income VS Free CF VS DividendFFH-PR-I.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B -4B 6B
FFH-PR-I.CA Dividend Payout.FFH-PR-I.CA Dividend Payout, showing the Payout Ratio.FFH-PR-I.CA Dividend Payout.PayoutRetained Earnings

FAIRFAX FINL HLDGS LTD - FFHCN 3.327 PERP

TSX:FFH-PR-I (9/16/2025, 7:00:00 PM)

24.77

+0.06 (+0.24%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)07-31 2025-07-31/amc
Earnings (Next)10-29 2025-10-29/amc
Inst Owners37.64%
Inst Owner ChangeN/A
Ins Owners2.45%
Ins Owner ChangeN/A
Market Cap595.22M
Analysts78.18
Price Target30.03 (21.24%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.89%
Yearly Dividend35.05
Dividend Growth(5Y)16.96%
DP18.53%
Div Incr Years0
Div Non Decr Years3
Ex-Date06-13 2025-06-13 (0.207938)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.86%
Min EPS beat(2)15.05%
Max EPS beat(2)38.68%
EPS beat(4)4
Avg EPS beat(4)26.48%
Min EPS beat(4)15.05%
Max EPS beat(4)38.68%
EPS beat(8)7
Avg EPS beat(8)18.56%
EPS beat(12)10
Avg EPS beat(12)20.16%
EPS beat(16)14
Avg EPS beat(16)109.42%
Revenue beat(2)1
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-4.02%
Max Revenue beat(2)0.76%
Revenue beat(4)3
Avg Revenue beat(4)13.97%
Min Revenue beat(4)-4.02%
Max Revenue beat(4)39.5%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.88%
PT rev (3m)7.34%
EPS NQ rev (1m)0.72%
EPS NQ rev (3m)7.5%
EPS NY rev (1m)16.63%
EPS NY rev (3m)16.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.58%
Revenue NY rev (1m)21.08%
Revenue NY rev (3m)1.54%
Valuation
Industry RankSector Rank
PE 0.09
Fwd PE 0.1
P/S 0.01
P/FCF 0.13
P/OCF 0.11
P/B 0.02
P/tB 0.02
EV/EBITDA 0.78
EPS(TTM)271.44
EY1095.84%
EPS(NY)242.53
Fwd EY979.13%
FCF(TTM)192.14
FCFY775.71%
OCF(TTM)217.12
OCFY876.55%
SpS2362.05
BVpS1475
TBVpS992.74
PEG (NY)0.01
PEG (5Y)0.01
Profitability
Industry RankSector Rank
ROA 4.41%
ROE 17.74%
ROCE 6.62%
ROIC 5.36%
ROICexc 5.83%
ROICexgc 9.04%
OM 15.63%
PM (TTM) 11.07%
GM N/A
FCFM 8.13%
ROA(3y)4.31%
ROA(5y)3.41%
ROE(3y)17.47%
ROE(5y)14.83%
ROIC(3y)4.77%
ROIC(5y)3.33%
ROICexc(3y)4.93%
ROICexc(5y)3.46%
ROICexgc(3y)6.66%
ROICexgc(5y)4.71%
ROCE(3y)5.89%
ROCE(5y)4.11%
ROICexcg growth 3Y29.29%
ROICexcg growth 5Y23.47%
ROICexc growth 3Y31.23%
ROICexc growth 5Y24.09%
OM growth 3Y17.05%
OM growth 5Y16.16%
PM growth 3Y-10.7%
PM growth 5Y0.68%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF 3.94
Debt/EBITDA 1.8
Cap/Depr 48.34%
Cap/Sales 1.06%
Interest Coverage 250
Cash Conversion 51.59%
Profit Quality 73.45%
Current Ratio 0.52
Quick Ratio 0.52
Altman-Z N/A
F-Score6
WACC4.38%
ROIC/WACC1.22
Cap/Depr(3y)57.82%
Cap/Depr(5y)49.56%
Cap/Sales(3y)1.28%
Cap/Sales(5y)1.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.98%
EPS 3Y9.62%
EPS 5Y18.21%
EPS Q2Q%65.71%
EPS Next Y13.57%
EPS Next 2Y4.64%
EPS Next 3Y5.36%
EPS Next 5Y-3.91%
Revenue 1Y (TTM)9.34%
Revenue growth 3Y17.52%
Revenue growth 5Y13.88%
Sales Q2Q%13.49%
Revenue Next Year30.1%
Revenue Next 2Y17.21%
Revenue Next 3Y18.16%
Revenue Next 5Y12.52%
EBIT growth 1Y13.64%
EBIT growth 3Y37.56%
EBIT growth 5Y32.28%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y250.03%
FCF growth 3Y-17.08%
FCF growth 5Y28.19%
OCF growth 1Y321.91%
OCF growth 3Y-15.59%
OCF growth 5Y24.13%