Fairfax Financial Holdings (TSX:FFH) EV-to-OCF: 23.62 (As of Sep. 21, 2026) — 288% Above Median

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TSX:FFH Fairfax Financial Holdings Ltd TSX:FFH
75 GF Score
Price C$2,244.95
GF Value C$2,035.86
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Fairfax Financial Holdings EV-to-OCF?

Fairfax Financial Holdings TSX:FFH -2.56% 75 EV-to-OCF is 23.62 as of Sep. 21, 2026, which is 288% above its 10-year median of 6.09. GuruFocus rates TSX:FFH with a GF Score™ of 75/100 and a GF Value™ of C$2,035.86 (Fairly Valued). The stock has 4 warning signs investors should review. Among 499 Insurance companies, Fairfax Financial Holdings ranks better than 99.6% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fairfax Financial Holdings's Enterprise Value is C$61,923 Mil. Fairfax Financial Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was C$2,621 Mil. Therefore, Fairfax Financial Holdings's EV-to-OCF for today is 23.62.

The historical rank and industry rank for Fairfax Financial Holdings's EV-to-OCF or its related term are showing as below:

TSX:FFH' s EV-to-OCF Range Over the Past 10 Years
Min: -1392.92   Med: 6.09   Max: 138
Current: -1257.11

During the past 13 years, the highest EV-to-OCF of Fairfax Financial Holdings was 138.00. The lowest was -1392.92. And the median was 6.09.

TSX:FFH's EV-to-OCF is ranked better than
99.6% of 499 companies
in the Insurance industry
Industry Median: 6.3 vs TSX:FFH: -1257.11

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-21), Fairfax Financial Holdings's stock price is C$2244.95. Fairfax Financial Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was C$282.355. Therefore, Fairfax Financial Holdings's PE Ratio (TTM) for today is 7.95.


Fairfax Financial Holdings  (TSX:FFH) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Fairfax Financial Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2244.95/282.355
=7.95

Fairfax Financial Holdings's share price for today is C$2244.95.
Fairfax Financial Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$282.355.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Fairfax Financial Holdings EV-to-OCF Related Terms


Fairfax Financial Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Fairfax Financial Holdings's EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fairfax Financial Holdings EV-to-OCF Chart

Fairfax Financial Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 -2.79 -20.80 15.79 20.77

Fairfax Financial Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.61 11.23 19.77 24.18 30.13

TSX:FFH vs CB, PGR, TRV: EV-to-OCF Comparison

For the Insurance - Property & Casualty subindustry, Fairfax Financial Holdings's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fairfax Financial Holdings EV-to-OCF vs Insurance Industry

For the Insurance industry and Financial Services sector, Fairfax Financial Holdings's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Fairfax Financial Holdings's EV-to-OCF falls into.


TSX:FFH
75GF Score
Fairfax Financial Holdings Ltd TSX:FFH
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fairfax Financial Holdings EV-to-OCF Calculation

Fairfax Financial Holdings's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=61923.395/2621.2948658854
=23.62

Fairfax Financial Holdings's current Enterprise Value is C$61,923 Mil.
Fairfax Financial Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,621 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 23.62 mean?
Fairfax Financial Holdings (TSX:FFH) has a EV-to-OCF of 23.62 as of Sep. 21, 2026. This is 288% above median its historical median of 6.09. According to the industry distribution chart, Fairfax Financial Holdings ranks #2 out of 499 companies in the Insurance industry, placing it in the top 0.40000000000001%.
Is Fairfax Financial Holdings' EV-to-OCF too high?
Fairfax Financial Holdings' current EV-to-OCF of 23.62 is 288% above median its 10-year median of 6.09. The Insurance industry median EV-to-OCF is 6.30. Fairfax Financial Holdings' value of 23.62 is 274.9% above this industry median. Based on the distribution chart, Fairfax Financial Holdings ranks #2 out of 499 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Fairfax Financial Holdings has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fairfax Financial Holdings' EV-to-OCF compare to CB and PGR?
According to the Insurance industry distribution chart, Fairfax Financial Holdings ranks #2 out of 499 companies for EV-to-OCF. This places Fairfax Financial Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 6.30. Fairfax Financial Holdings' value of 23.62 is 274.9% above this benchmark. While the company's 10-year median is 6.09 vs. the industry median of 6.30, Fairfax Financial Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Insurance company?
The median EV-to-OCF among Insurance companies is 6.30, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fairfax Financial Holdings's current EV-to-OCF of 23.62 is 274.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median EV-to-OCF is 6.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fairfax Financial Holdings's current EV-to-OCF is 23.62, which is 288% above median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairfax Financial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fairfax Financial Holdings (TSX:FFH) is currently considered Fairly Valued. The stock's GF Value™ is C$2,035.86, compared to a current price of C$2,244.95 — trading 10.3% above its estimated fair value. The current EV-to-OCF is 23.62, which is 288% above median its 10-year median of 6.09 and 274.9% above the Insurance industry median of 6.30. Fairfax Financial Holdings' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Fairfax Financial Holdings (TSX:FFH), the current EV-to-OCF is 23.62 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fairfax Financial Holdings (TSX:FFH) Overvalued in 2026?

Based on GuruFocus' analysis, Fairfax Financial Holdings stock appears to be overvalued. The current stock price of C$2,244.95 is trading 10.3% above its estimated GF Value™ of C$2,035.86. GuruFocus considers Fairfax Financial Holdings to be Fairly Valued.

Key valuation signals for TSX:FFH:

  • EV-to-OCF: 23.62 (288% above median its 10-year median of 6.09)
  • GF Value™: C$2,035.86 vs. price of C$2,244.95 (10.3% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 274.9% above the Insurance median (#2 of 499)

No single metric tells the full story. See the TSX:FFH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fairfax Financial Holdings Business Description

Address 95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax Financial Holdings provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chair and CEO, since its formation in 1985.
75GF Score

Get the complete analysis for TSX:FFH

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2,244.95
Price
C$2,035.86
GF Value