Professional
Added to YB: 2025-03-31
Pitch date: 2025-03-28
FIH-U.TO [neutral]
Fairfax India Holdings Corporation
+4.46%
current return
Author Info
No bio for this author
Company Info
Fairfax India Holdings Corporation operates as an investment holding company 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.
Market Cap
$2.2B
Pitch Price
$16.36
Price Target
34.00 (+100%)
Dividend
N/A
EV/EBITDA
N/A
P/E
64.82
EV/Sales
14.85
Sector
Capital Markets
Category
value
McElvaine Value Fund Portfolio Holding: Fairfax India Holdings Corporation
FIH-U.TO (holding update): 74% stake in Bangalore Airport (69% effective ownership) is primary asset. Undervalued at <50% of NAV. Airport benefits from Bengaluru's rapid growth, robust Indian air traffic, and monetization plans. Near-monopoly with strong moat in fast-growing market.
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