Fairfax Financial Holdings Ltd

Chart & Performance

D1W1MN

P/E

7.36

P/S

1.25

EPS

188.99

Div Yield, %

0.64%

Shrs. gr., 5y

-2.51%

Rev. gr., 5y

9.34%

Revenues

31.83b

+23.31%

Net income

4.38b

+281.96%

CFO

-39m

L-99.11%

Dividend

Jan 17, 202420.237 CAD/sh

Earnings

Feb 13, 2025

Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Insurance and Reinsurance, Run-off, and Non-Insurance Companies segments. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance. The company also offers workers' compensation, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other risks and liabilities insurance products; and reinsurance products. In addition, it retails home improvement goods, toys and baby products, golf equipment, sports apparel and accessories, housewares and home décors, and tableware and gifts; invests in retail business; and owns and operates holiday resorts. Further, the company provides integrated travel and travel-related financial services; originates, processes, and distributes pulses and staple foods; creates, produces, and distributes entertainment content; and provision of pet medical insurance and database services, as well as media and marketing solutions. The company was formerly known as Markel Financial Holdings Limited and changed its name to Fairfax Financial Holdings Limited in 1987. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada.

URL

https://www.fairfax.ca/

IPO date

Mar 17, 1980

Employees

47,040

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	31,834,200 23.31%	25,815,600 0.05%	25,801,900 30.37%
Cost of revenue	6,461,300	1,359,900	3,016,200
Unusual Expense (Income)
NOPBT	25,372,900	24,455,700	22,785,700
NOPBT Margin	79.70%	94.73%	88.31%
Operating Taxes	813,400	425,200	726,000
Tax Rate	3.21%	1.74%	3.19%
NOPAT	24,559,500	24,030,500	22,059,700
Net income	4,381,800 281.96%	1,147,200 -66.27%	3,401,100 8,993.85%
Dividends	(294,900)	(295,100)	(316,600)
Dividend yield	0.96%	1.45%	1.83%
Proceeds from repurchase of equity	(363,200)	(347,800)	558,400
BB yield	1.19%	1.71%	-3.23%
Debt
Debt current	790,600	693,400	647,600
Long-term debt	11,083,300	9,718,900	8,893,700
Deferred revenue		429,800	353,900
Other long-term liabilities	54,276,100	1,419,100	(8,705,700)
Net debt	(53,644,600)	(43,417,600)	(42,523,600)
Cash flow
Cash from operating activities	(39,400)	(4,419,900)	6,641,000
CAPEX	(514,100)	(418,900)	(353,900)
Cash from investing activities	92,000	384,800	1,838,600
Cash from financing activities	(1,067,100)	(1,294,600)	(1,189,300)
FCF	42,133,500	21,335,400	20,919,200
Balance
Cash	7,962,500	11,697,800	25,343,800
Long term investments	57,556,000	42,132,100	26,721,100
Excess cash	63,926,790	52,539,120	50,774,805
Stockholders' equity	28,607,600	29,865,800	30,485,800
Invested Capital	64,168,100	61,608,500	55,555,700
ROIC	39.05%	41.02%	41.37%
ROCE	27.35%	26.59%	26.30%
EV
Common stock shares outstanding	25,006	25,340	27,821
Price	1,222.51 52.42%	802.07 28.90%	622.24 43.42%
Market cap	30,570,227 50.41%	20,324,793 17.41%	17,311,251 14.92%
EV	(16,988,473)	(18,097,707)	(18,946,649)
EBITDA	26,268,900	25,139,300	23,716,100
EV/EBITDA
Interest	510,000	452,800	513,900
Interest/NOPBT	2.01%	1.85%	2.26%