Fairfax India Holdings Corporation trades with the ticker FIH-U on the TSX and is in the Asset Management industry.
Overview
Fairfax India Holdings Corporation, an investment holding company, engages in the investment activities in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada. Fairfax India Holdings Corporation operates as a subsidiary of Fairfax Financial Holdings Limited.
Looking to invest in Fairfax India Holdings Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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FIH-U.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $1922.656MM
PE Ratio: 5.276
Price: #N/A (Updated: 3/12/2024 0:47:16)
Fairfax India Holdings Corporation (FIH-U) vs Competitors in Asset Management
Lets see how FIH-U.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp
.Asset Management Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Aberdeen International Inc (AAB) | $2.898 | N/A | 1.021 | N/A% |
| AGF Management Limited (AGF-B) | $518.497 | 6.238 | 4.162 | 5.4% |
| Aimia Inc (AIM) | $274.455 | N/A | 3.924 | N/A% |
| Brookfield Asset Management Inc (BAM-A) | $96,441.909 | 20.732 | 12.159 | 1.6% |
| Canadian Banc Corp (BK) | $281.484 | N/A | 0.0 | 17.4% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Asset Management
- Fairfax India Holdings Corporation (FIH-U) vs Aberdeen International Inc (AAB)
- FIH-U has higher EPS (2.72 vs -0.12). AAB has a P/E under 0, indicating FIH-U (P/E 5.276) is in a better position.
- Fairfax India Holdings Corporation (FIH-U) vs AGF Management Limited (AGF-B)
- FIH-U has higher EPS (2.72 vs 1.3). AGF-B provides dividends, while FIH-U does not. AGF-B has a higher P/E ratio (6.238 vs 5.276) indicating it’s more expensive.
- Fairfax India Holdings Corporation (FIH-U) vs Aimia Inc (AIM)
- FIH-U has higher EPS (2.72 vs -1.8). AIM has a P/E under 0, indicating FIH-U (P/E 5.276) is in a better position.
- Fairfax India Holdings Corporation (FIH-U) vs Brookfield Asset Management Inc (BAM-A)
- BAM-A has higher EPS (2.84 vs 2.72). BAM-A provides dividends, while FIH-U does not. BAM-A has a higher P/E ratio (20.732 vs 5.276) indicating it’s more expensive.
- Fairfax India Holdings Corporation (FIH-U) vs Canadian Banc Corp (BK)
- FIH-U has higher EPS (2.72 vs -1.81). BK provides dividends, while FIH-U does not. BK has a P/E under 0, indicating FIH-U (P/E 5.276) is in a better position.
Our Recommendation: Hold
Has a lower P/E ratio (5.28) than the industry average (9.88), indicating potential undervaluation.
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