TSE:FIH.U

14.77
0.07 (0.48%) 1d
0

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

According to experts, Fairfax India Holdings Corp is considered as the India subsidiary of Fairfax. However, it is suggested that it's cheaper to buy the parent company instead of FIH. Alternatively, buying a country-specific ETF is also seen as a viable option for investment. It appears that the company's performance may be influenced by factors related to the parent company and country-specific ETFs.

Consensus
Mixed
Valuation
Fair Value
Similar
HDFCBANK, HDFC.NS
DON'T BUY

This is Fairfax's India subsidiary. It's cheaper to buy the parent company than FIH. Also buying a country-specific ETF is fine.

E.T.F.'s
DON'T BUY
Strange fee structure. Be cautious in that India has little corporate governance. Better way to participate in EM is to own some of the great global companies, like Unilever, that benefit from the growth there and follow expected corporate governance.
E.T.F.'s
TOP PICK
Populated by public and private investments in India. One stock he would tuck away for 10 years. India is the largest democracy, and corporate tax cuts have been encouraging. Fundamentals are looking great for India.
E.T.F.'s
PAST TOP PICK
(A Top Pick Jan 16/19, Down 13%) He's happy to continue holding this. He bought this because of Prem Watsa (of FFH). In India only 5% of homeowner have insurance, so there's a huge runway. Also, India as a whole is taking off.
E.T.F.'s
DON'T BUY

India is one of those areas of the world where people talk of the long term story. They are relatively insulated from trade wars. He is caught on the long term India market. It is expensive. He owns SCIF-N.

E.T.F.'s
COMMENT
Fairfax in general is a good contrarian play, and it is hedged. This means that it could go up when the market is down. India is currently out of favour. Would invest in the parent company.
E.T.F.'s
BUY
vs. Berkshire Hathaway He prefers Fairfax, run by the Canadian Warren Buffet. He really likes their India fund, FIH-T. Berkshire is not a bad choice and should do well if there's market stimulus, but look at Asia for market growth. Only 5% of Indian homes have home insurance, so there's massive room for growth here. If there's a currency shift, then the Asian exposure is a plus.
E.T.F.'s
TOP PICK

He's heding his currency, because he expects the Canadian dollar will go down, so he wants cash flow outside the country to hedge this cash flow. He also wants to get rid of some of North American financials. Only 5% of home owners in India have insurance, so there's massive growth. He has faith in Prem Watsa. (Analysts’ price target is $16.75)

E.T.F.'s
DON'T BUY

India's currency has fallen. Oil pricess have rose (their big product), so inflation is running rampant now. FIU is like a hedge fund for Prem Watsa. So, he'd rather own Fairfax parent company, FFH, than this subsidiary. FIU is mostly infrastructure. He doesn't like how they manage this Indian subsidiary.

E.T.F.'s
COMMENT

It's one of the best ways to make money in India, but are they smart enough to do it? The jury is still out. Prem Watsa is a smart guy, but is a little more volatile than the market. There are more predictable companies to own.

E.T.F.'s
HOLD

Hold or sell? Prem Watsa is bright and capable. So he’s puzzled that this has failed to gain. India still has big challenges. Inclined to hold and give it some time. If he were way up, might sell some. Betting on Watsa’s ability to navigate investments in India. Lots of opportunity, but lots of history to overcome.

E.T.F.'s
BUY

Very interesting. Selling at a reasonable P/E. Prem Watsa knows India as well as who to partner with. India is a growing economy. So, investing with Watsa and Fairfax is a good idea. This is a long-term play, but you must ride future market dislocations. India has an established rule of law, unlike many other emerging economies, so this protects investing to a degree.

E.T.F.'s
HOLD

He thinks this company is a good stock and a well-run company, investing in infrastructure including the Bangor airport. This is a good long term holding, he thinks.

E.T.F.'s
PAST TOP PICK

(A Top Pick July 14/17. Up 5%.) Of all things in Fairfax, this one appeals to him. It gives the ordinary investor a way of getting into India. Also gives them a way of getting into a hands-on situation. Not just a portfolio of Indian stocks, but part of a creation/transformation of companies with some leaning towards environmental satisfying things. You need patience. When dealing with Prem Watsa, you know that you are dealing long-term with something like this. The stock is off a bit at the moment. Not a lot of interest in it.

E.T.F.'s
COMMENT

He likes this. Hasn’t bothered to look at it because it is a marvellous creation by highly skilled people. Prem Watsa himself is originally from India. It’s not simply a fund holding Indian assets, it is inventing, contriving in a sense, and has bought out companies. Thinks it is going to continue to be very good.

E.T.F.'s
Showing 1 to 15 of 34 entries

Fairfax India Holdings Corp(FIH.U-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Fairfax India Holdings Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Fairfax India Holdings Corp(FIH.U-T) Frequently Asked Questions

What is Fairfax India Holdings Corp stock symbol?

Fairfax India Holdings Corp is a Canadian stock, trading under the symbol FIH.U-T on the Toronto Stock Exchange (FIH.U-CT). It is usually referred to as TSX:FIH.U or FIH.U-T

Is Fairfax India Holdings Corp a buy or a sell?

In the last year, 1 stock analyst published opinions about FIH.U-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Fairfax India Holdings Corp.

Is Fairfax India Holdings Corp a good investment or a top pick?

Fairfax India Holdings Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Fairfax India Holdings Corp.

Why is Fairfax India Holdings Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Fairfax India Holdings Corp worth watching?

1 stock analyst on Stockchase covered Fairfax India Holdings Corp In the last year. It is a trending stock that is worth watching.

What is Fairfax India Holdings Corp stock price?

On 2024-03-18, Fairfax India Holdings Corp (FIH.U-T) stock closed at a price of $14.77.