TSE:FFH

Fairfax Financial (FFH.TO)

2,340.67
+20.71 (0.89%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
280 watching
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Investor Insights
star iconJun 25, 2026, 12:00 am

This summary was created by AI, based on 22 opinions in the last 12 months.

Fairfax Financial (FFH-T) presents a mix of opinions among analysts, characterized by a stable yet turbulent market presence. While it boasts a solid reputation as a well-managed company with strong long-term growth potential, particularly in its insurance sector, many experts imply that the current market conditions are not optimal for buying. Reviews suggest a sideways trend in stock performance without any significant catalysts on the horizon, with some indicating that the best earnings cycle may be behind. Moreover, the stock tends to trade at a discount compared to peers, hinting at potential undervaluation, but several analysts believe that it may not be a screaming buy at this moment. The long-term outlook remains positive, though considerable patience is required to fully appreciate the investment's value.

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Consensus
Hold
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Valuation
Fair Value
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Similar
Berkshire Hathaway, BRK
HOLD
It is not a stock he has paid attention to in the past but he is starting to notice it. They invest in distressed value stocks and are contrarian. Now is the time that the sun might start to come out for them. He bought some recently to play the value recovery.
COMMENT
It is a well-run company but it tends to make very big bets. More often than not, they get it right. Right now, we are in a difficult market environment to fundamentally see the right value. Generally, you want to be cautious. Over the long run, they should do well.
DON'T BUY

He prefers buying a insurance company directly like Manulife and Intact. Though well-run, FFH has a mixed bag of many assets. This mix adds a level of risk vs. pure insurers.

COMMENT
Good job growing book value. Multiple contracting, consolidation period. So something to look at. Hasn't done a ton of research on it.
DON'T BUY
It was a counter cyclical until they took all their losses and now have all these junky names that aren't doing that well, so it is pro-cyclical. He would stay away from it.
DON'T BUY
Some of the recent investments have been questionable and the stock has been underperforming for a while. It is probably at a deep discount compared to its book value. He has moved away from conglomerate insurance companies.
DON'T BUY
He thinks they failed on several fronts. Their insurance division faces interest rates that are zero or going negative. If we stay in a deflation world, it will be hell for them for the next several years. He sees no reason to own this right now.
BUY
It has wide swings with respect to its earnings profile. Its insurance operations have been fairly steady. You will see more volatility in the stock short term, yet there has been a lot of management buying of the stock. It is a very well managed company that will continue to do well.
WAIT

FFH buying BB? He thought the rumour of FFH buying BB created a lot of volume, which made him suspect. BB has a lot of automotive exposure, which hold back their recovery post-pandemic. BB has a cyber-security division that may lead to some opportunities.

DON'T BUY
The environment is so difficult for them. They are not making any money on the float. If it drops below $314, the market is questioning the viability of the balance sheet. The tide is going out. Put a stop in place.
DON'T BUY
Prem Watsa has been under fire lately. Their underlying insurance business will struggle under low interest rates to generate profits and income. Watsa's investments in the past decade have been dubious.
PAST TOP PICK
(A Top Pick Feb 05/19, Down 7%) He still likes it. It is a very well run company. Today their insurance business is as strong as it has ever been. They've been doing a good job monetizing some investments on the investment side of the business. It is trading at book but peers are trading at 1.5 times book.
PAST TOP PICK
(A Top Pick Sep 12/19, Up 2%) He still thinks Prem Watsa will deliver. FFH has a global reach and long-term commitment to India. $540-600 band is supportive, but he's looking for upside above $600-620. If so, this could go to $800.
DON'T BUY
Insurance and hedge businesses lead to some volatility in earnings. The chart doesn't show much, neutral, and doesn't indicate much opportunity. Can't see it going up or down. It's stuck in a range.
DON'T BUY
A catalyst? His model price is $571, so it is a little expensive here. The story is stale he thinks and expects it to continue to be range bound.
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