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Fairfax India SV USF (TSE:FIH.U)
TSX:FIH.U
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Fairfax India SV USF (FIH.U) AI Stock Analysis

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TSE:FIH.U

Fairfax India SV USF

(TSX:FIH.U)

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Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
Action:Reiterated
Date:08/01/26
The score is mainly driven by mixed financial performance: a solid, low-leverage balance sheet supports stability, but persistent negative operating/free cash flow and volatile results reduce confidence in earnings quality and near-term momentum. Valuation appears reasonable on P/E, while technical signals and dividend yield cannot be assessed from the provided data.
Positive Factors
Conservative balance sheet / low leverage
Consistently low debt-to-equity and a conservatively levered balance sheet provide durable financial flexibility. This reduces interest burden, supports holding volatility in an investment vehicle, and preserves capacity to fund opportunistic purchases or support portfolio companies during downturns without forced disposals.
Negative Factors
Negative operating and free cash flow
Sustained negative operating and free cash flow across recent years weakens the firm's liquidity profile and forces reliance on asset sales, realized gains, or external financing to cover expenses. Over months this can pressure ability to hold through cycles and fund strategic initiatives without diluting or selling positions.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
Consistently low debt-to-equity and a conservatively levered balance sheet provide durable financial flexibility. This reduces interest burden, supports holding volatility in an investment vehicle, and preserves capacity to fund opportunistic purchases or support portfolio companies during downturns without forced disposals.
Read all positive factors

Fairfax India SV USF (FIH.U) vs. iShares MSCI Canada ETF (EWC)

Fairfax India SV USF Business Overview & Revenue Model

Company Description
Fairfax India Holdings Corporation functions as an investment holding entity, dedicating its capital deployment to the Indian market. Its portfolio encompasses both public and private equity stakes, alongside various debt instruments. The company ...
How the Company Makes Money
Fairfax India makes money primarily through investment returns rather than operating revenue from selling products or services. Its key economic drivers are: (1) Realized gains (and losses) on investments: When the company sells an equity stake or...

Fairfax India SV USF Financial Statement Overview

Summary
Balance sheet strength and low leverage support financial flexibility (Balance Sheet Score 74), but this is offset by weak and deteriorating cash conversion with negative operating/free cash flow in 2024–2025 and TTM (Cash Flow Score 34). Profitability has been strong in several years but is volatile (Income Statement Score 58), including a 2024 net loss and unusual TTM dynamics, reducing earnings quality/visibility.
Income Statement
58
Neutral
Balance Sheet
74
Positive
Cash Flow
34
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue-364.00M111.14M59.65M490.09M234.97M567.57M
Gross Profit-400.31M68.24M34.65M465.09M209.97M542.26M
EBITDA336.73M568.73M26.21M451.90M195.97M533.53M
Net Income200.19M417.71M-41.17M371.77M191.44M494.51M
Balance Sheet
Total Assets3.76B4.04B3.63B3.82B3.37B3.58B
Cash, Cash Equivalents and Short-Term Investments36.20M8.10M59.32M174.62M147.45M30.38M
Total Debt498.53M497.96M498.35M497.83M497.31M496.79M
Total Liabilities820.72M813.46M673.52M736.76M608.80M681.91M
Stockholders Equity2.78B3.07B2.83B2.96B2.64B2.77B
Cash Flow
Free Cash Flow-32.07M-31.66M-103.44M66.61M152.34M61.09M
Operating Cash Flow-32.07M-31.66M-103.44M66.61M152.34M61.09M
Investing Cash Flow55.20M-9.18M0.000.000.000.00
Financing Cash Flow-11.60M-10.62M-8.42M-37.25M-35.58M-51.30M

Fairfax India SV USF Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
86
Outperform
C$1.06B1.7228.64%-18.31%265.83%
81
Outperform
C$1.09B7.6811.06%1.19%-93.61%24.49%
75
Outperform
C$1.28B9.4611.40%2.57%10.08%33.25%
73
Outperform
C$354.31M3.4120.19%1.65%-115.29%38.46%
73
Outperform
C$354.31M3.4120.19%1.54%-115.29%38.46%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
56
Neutral
11.467.14%-112.20%264.37%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:FIH.U
Fairfax India SV USF
TSE:URB.A
Urbana
8.51
1.22
16.74%
TSE:AGF.B
AGF Management B NV
20.25
7.30
56.33%
TSE:CVG
Clairvest
81.00
11.00
15.72%
TSE:SEC
Senvest Capital
440.00
102.47
30.36%
TSE:URB
Urbana Corporation
9.11
1.57
20.79%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 01, 2026