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Fairfax Financial Holdings LimitedTSX:FFH Stock Report

Market Cap CA$50.9b
Share Price
CA$2.25k
CA$2.74k
18.1% undervalued intrinsic discount
1Y-1.3%
7D1.6%
Portfolio Value
View

Fairfax Financial Holdings Limited

TSX:FFH Stock Report

Market Cap: CA$50.9b

Fairfax Financial Holdings (FFH) Stock Overview

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

FFH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends4/6

FFH Community Fair Values

Create Narrative

See what 69 others think this stock is worth. Follow their fair value or set your own to get alerts.

Fairfax Financial Holdings Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fairfax Financial Holdings
Historical stock prices
Current Share PriceCA$2,248.15
52 Week HighCA$2,700.00
52 Week LowCA$2,145.00
Beta0.46
1 Month Change-9.43%
3 Month Change-3.35%
1 Year Change-1.32%
3 Year Change134.96%
5 Year Change301.46%
Change since IPO74,838.33%

Recent News & Updates

Narrative Update Apr 30

FFH: Share Repurchases And Higher P/E Expectations Will Support Future Upside

Narrative Update Analysts have raised their price target on Fairfax Financial Holdings by CA$100. The revision reflects updated views on fair value, revenue growth assumptions, profit margins and future P/E expectations.

Recent updates

Narrative Update Apr 30

FFH: Share Repurchases And Higher P/E Expectations Will Support Future Upside

Narrative Update Analysts have raised their price target on Fairfax Financial Holdings by CA$100. The revision reflects updated views on fair value, revenue growth assumptions, profit margins and future P/E expectations.
Narrative Update Apr 15

FFH: Share Repurchases And Margin Improvements Will Support Future Upside

Analyst price targets for Fairfax Financial Holdings have moved higher, with one firm lifting its target by CA$100. Analysts point to updated assumptions around revenue growth, profit margins and a lower future P/E multiple as key reasons for the change.
Narrative Update Apr 01

FFH: Buybacks And Balance Sheet Discipline Will Support Future Upside Potential

Analysts recently adjusted their CA$ price targets on Fairfax Financial Holdings, including a CA$100 increase from one firm and a downgrade from another. These changes reflect differing views on the company’s risk and return profile that feed into the updated valuation inputs used here.
Narrative Update Mar 18

FFH: Index Inclusions And Buybacks Will Support Future Upside Potential

The updated analyst price target for Fairfax Financial Holdings has moved from approximately CA$3,193 to about CA$3,219, as analysts factor in revised assumptions around revenue growth, profit margins, and a lower future P/E multiple, while weighing mixed recent Street research that includes a C$100 price target increase at one firm and a downgrade at another. Analyst Commentary Recent Street research around Fairfax Financial Holdings has been mixed, with one bullish price target adjustment and at least one downgrade.
Narrative Update Mar 04

FFH: Share Repurchases And Index Additions Will Support Future Upside

Analysts have adjusted their CA$ price targets for Fairfax Financial Holdings, highlighting shifts in assumptions around discount rates, revenue growth, profit margins and future P/E multiples. These changes are reflected in a revised fair value estimate of CA$2,672.19, down from CA$2,707.92.
Narrative Update Feb 18

FFH: Index Additions And Higher Future P/E Assumptions Will Support Upside

Analysts have raised their CA$ price target on Fairfax Financial Holdings by CA$100, citing updated assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E that incorporate a combination of recent target increases and a new downgrade on the stock. Analyst Commentary Recent Street research on Fairfax Financial Holdings shows that some bullish analysts are using the latest information on fair value, discount rates, revenue growth, profit margins, and future P/E assumptions to justify higher valuation ranges, even as others take a more cautious stance.
Narrative Update Feb 04

FFH: Global Index Additions And Updated P/E Framework Will Support Upside

Analysts have nudged their price target framework for Fairfax Financial higher to about C$3,162 per share from roughly C$3,141, reflecting recent target revisions across the Street and updated assumptions around revenue growth, profit margins and future P/E levels. Analyst Commentary Recent Street research on Fairfax Financial shows a mix of higher and lower price targets, along with at least one downgrade, which gives you a range of views on how the company is executing and how the shares are valued.
Narrative Update Jan 21

FFH: Global Index Additions And Higher P/E Assumptions Will Support Upside

Analysts have raised their blended price target on Fairfax Financial to about C$3,140 from roughly C$2,990, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E in light of recent target changes across the Street. Analyst Commentary Recent Street research on Fairfax Financial shows a mix of higher and lower price targets, but the common thread is that several firms continue to see upside potential at current levels.
Narrative Update Jan 06

FFH: Execution Risks Will Intensify As Earnings Quality Faces Growing Scrutiny

Analysts have adjusted their average price target for Fairfax Financial to reflect mixed revisions across the Street, with new targets ranging from about C$2,600 to C$3,200 as they incorporate updated views on revenue growth, profit margins and valuation multiples. Analyst Commentary Recent research updates on Fairfax Financial show a split tape, with some firms setting higher targets and others trimming their expectations.
Narrative Update Dec 15

FFH Will Face Mounting Execution Risks At Current Elevated Share Price

Analysts have moderately trimmed their price target on Fairfax Financial Holdings, lowering it to C$2,900 from C$3,050. This reflects the incorporation of slightly softer long term revenue growth, profit margin expectations, and a lower future P/E multiple into their valuation models, while still maintaining a broadly positive outlook.
Narrative Update Oct 29

Share Repurchases And Preferred Redemptions Will Drive Outperformance Amid Currency Risks

Fairfax Financial Holdings’ analyst price target has been increased from approximately C$2,680 to C$2,710. This change reflects updated analyst forecasts that account for the company’s adjusted growth outlook and discount rate assumptions.
Narrative Update Oct 15

FX Headwinds And Climate Risks Will Squeeze Underwriting Margins

Fairfax Financial Holdings' analyst price target has been raised, with the consensus now increasing from approximately C$2,634 to C$2,680. Analysts cite sustained revenue growth and stable profit margins as key drivers behind the more optimistic valuation.
Narrative Update Sep 04

FX Headwinds And Climate Risks Will Squeeze Underwriting Margins

Analysts have raised Fairfax Financial Holdings’ price target to CA$2,634, citing its consistent underwriting and investment performance, portfolio repositioning amid favorable interest rates, and narrowing valuation discount versus peers. Analyst Commentary Bullish analysts cite consistent delivery of solid underwriting and investment results as a key reason for upward price target revisions.
Analysis Article Jul 22

If EPS Growth Is Important To You, Fairfax Financial Holdings (TSE:FFH) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 30

Fairfax Financial Holdings Limited's (TSE:FFH) Low P/E No Reason For Excitement

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 16x, you may consider...
User avatar
New Narrative Feb 09

Bob Sampson's Leadership At RiverStone Will Stabilize Operations Amid Earnings Volatility

Strategic global expansion, especially in emerging markets, aims to significantly boost future revenue and growth in the insurance sector.

Shareholder Returns

FFHCA InsuranceCA Market
7D1.6%0.5%-1.9%
1Y-1.3%16.6%31.1%

Return vs Industry: FFH underperformed the Canadian Insurance industry which returned 16.6% over the past year.

Return vs Market: FFH underperformed the Canadian Market which returned 31.1% over the past year.

Price Volatility

Is FFH's price volatile compared to industry and market?
FFH volatility
FFH Average Weekly Movement3.7%
Insurance Industry Average Movement3.3%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market4.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
195162,500V. Watsawww.fairfax.ca

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally. It operates through Property and Casualty Insurance and Reinsurance; Life insurance and Run-off; and Non-Insurance Companies segments. The company offers property insurance, which insures against losses to property from fire, explosion, and terrorism, as well as natural perils, such as earthquake, windstorm, and flood; and engineering problems, including boiler explosion, machinery breakdown, and construction defects.

Fairfax Financial Holdings Limited Fundamentals Summary

How do Fairfax Financial Holdings's earnings and revenue compare to its market cap?
FFH fundamental statistics
Market capCA$50.88b
Earnings (TTM)CA$6.45b
Revenue (TTM)CA$53.02b
8.0x
P/E Ratio
1.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FFH income statement (TTM)
RevenueUS$38.58b
Cost of RevenueUS$22.00b
Gross ProfitUS$16.57b
Other ExpensesUS$11.88b
EarningsUS$4.69b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)203.50
Gross Margin42.96%
Net Profit Margin12.16%
Debt/Equity Ratio45.8%

How did FFH perform over the long term?

See historical performance and comparison

Dividends

0.9%
Current Dividend Yield
7%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 23:51
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Fairfax Financial Holdings Limited is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey FenwickATB Cormark
Tom MacKinnonBMO Capital Markets Equity Research
Meyer ShieldsKeefe, Bruyette, & Woods