Fairfax Financial Holdings Limited
FRFHF
Market Cap$31.94B
Close$
Earnings Call Q2 2024
August 5, 2024 - AI Summary
Fairfax reported net earnings of $915 million in the second quarter, with strong operating income from insurance and reinsurance operations.
The company expects sustainable operating income of $4 billion, driven by interest and dividend income, underwriting profit, and associate earnings.
Gross premiums written increased by 10.8% compared to the second quarter of 2023, driven by the consolidation of Gulf Insurance.
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$346.88
73.1% downside
Current Fair Value
73.1% downsideOvervalued by 73.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $31.94 Billion |
|---|---|
| Enterprise Value | $36.26 Billion |
| Dividend Yield | $15 (1.16753323577945%) |
| Earnings per Share | $190.3 |
| Beta | 0.83 |
| Outstanding Shares | 16,425,405 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 4.36 |
|---|---|
| PEG | 17.72 |
| Price to Sales | 0.61 |
| Price to Book Ratio | 0.77 |
| Enterprise Value to Revenue | 1.04 |
| Enterprise Value to EBIT | 36.5 |
| Enterprise Value to Net Income | 7 |
| Total Debt to Enterprise | 0.31 |
| Debt to Equity | 0.48 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Fairfax Financial Holdings Ltd.
CEO: Vivian Prem Watsa Fairfax Financial Holdings Ltd. engages in the provision of property and casualty insurance, and reinsurance and investment management. It operates through the following segments: Insurance and Reinsurance, Runoff, and Other. The Insuran...