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Berkshire Hathaway Inc CDR (BRK) Fair Value & Analysis

Financial Services · CA · Market cap C$1.5T (≈ $1.1T) · ISIN CA08465W1005

What is Berkshire Hathaway Inc CDR really worth?

BH Berkshire Hathaway Inc CDR BRK · NEO
PriceC$36.63
Fair ValueC$42.33
Upside+15.6%
Quality55/100

A solid business, trading 13% below our fair value of C$42.33.

As of Aug 23, 2026, the fair value of Berkshire Hathaway Inc CDR is C$42.33 per share against a price of C$36.63, so the fair value sits 16% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Highly profitable · 28.9% net margin
Low debt · generates free cash flow
Wide moat 90/100

Risks

!Mixed Growth (revenue 5y +7.5 %/yr)
!Mixed vs. peers (8/14)
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range C$31.75 – C$52.91

Fair value as of: Aug 23, 2026

From 4 valuation models · updated 14 days ago

Fair value updated Aug 23, 2026, revised from C$35.53 to C$42.33 (+19.1%) since Aug 13, 2026. Share price −2.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • The price sits in the lower half of our model range, the side with the larger margin of safety.
  • Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.

Price vs Fair Value (5 years)

C$40.35 C$20.51 Fair Value C$42.33 Dec 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 23, 2026.

How to read this chart

57‑month range C$20.51 – C$40.35 · fair‑value band C$31.75 – C$52.91 · the C$36.63 price screens below the C$42.33 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 23, 2026.

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Analysis

Berkshire Hathaway Inc CDR (BRK) currently trades at C$36.63, while our model-based Fair Value estimate is C$42.33, implying the stock looks roughly 13.5% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Financial Services sector. Bull case: the Multiples group reads highest at a median of C$36.15 per share, and 1 of the 4 models we run sit above the C$36.63 price. Bear case: the Asset-Based group reads lowest at C$19.96, and 3 of the 4 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Berkshire Hathaway Inc CDR generated revenue of C$370B at a net margin of 28.9%. Revenue declined 0.2% year over year. It earns a return on equity of 18.4%. Net debt stands at C$77.2B. Fundamentals as of Aug 23, 2026

Our scenario range runs from C$31.75 (bear case) to C$52.91 (bull case); at C$36.63, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 4% below its 52-week high and 8% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −37% fair-value upside, at 16%, BRK screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly C$2.67 per share, which is 6.3 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income best evidence C$26.13 C$28.91 C$44.59 70
P/E Multiple C$27.11 C$36.15 C$45.18 63
P/B Multiple C$31.28 C$41.70 C$52.13 55
All 4 models by family
Multiples
P/E Multiple C$27.11 C$36.15 C$45.18 63
P/B Multiple C$31.28 C$41.70 C$52.13 55
Asset-Based
NCAV (Graham) C$14.89 C$19.96 C$29.79 54
Economic Profit
Residual Income best evidence C$26.13 C$28.91 C$44.59 70

Widest divergence: Multiples (C$36.15) versus Asset-Based (C$19.96). Highest evidence: Residual Income (70).

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Key figures & financial health

P/E ratio 9.2 as of Jun 18, 2026
P/S ratio 1.50 P/E × margin
EPS (TTM) C$3.91 price ÷ EPS = P/E 9.2
Net margin 16.3% FY2025
Return on equity 18.4% TTM
Return on assets 7.9% TTM
More key figures
Profitability
Operating margin 36.0% TTM
Growth
Revenue (TTM) C$370B TTM
Revenue growth (YoY) −0.2% 3y avg +20.6%
EPS growth (YoY) −14.7%
Balance sheet & cash flow
Free cash flow C$25.0B FY2025
Net debt C$77.2B FY2025 · ≈ 3.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 49 · Market factors (momentum, volatility) 58

Profitability 43
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 65
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 49
Distance to the 52-week high (market factor)
Net Issuance 84
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America.

Full company description

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. In addition, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. Further, it provides recreational vehicles, apparel and footwear products, jewelry, and custom picture framing products, as well as alkaline batteries; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Additionally, the company distributes televisions and information; franchises and services quick service restaurants; distributes electronic components; and offers logistics services, grocery and foodservice distribution services, and professional aviation training and shared aircraft ownership programs. It also retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Berkshire Hathaway Inc CDR reported revenue of $411B in FY2025 versus $355B in FY2021, a compound +3.7%/yr. Reported net income was $67.0B in FY2025, compounding −7.1%/yr from FY2021.

Growth Quality 65/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
C$411B
Latest YoY
−3.2%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+20.6%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.5%
Avg. revenue growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.9%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−1.5% · in CAD
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−1.5%
Dividend yield0.0%
Worst earnings drop126% (2022) (loss year, drop beyond 100%) · in CAD
Revenue +3.7%/yr
FY21 $355B
FY22 $234B
FY23 $439B
FY24 $424B
FY25 $411B
Net income −7.1%/yr
FY21 $89.8B
FY22 −$22.8B
FY23 $96.2B
FY24 $89.0B
FY25 $67.0B

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Cite: Fair Value Calculator (2026). "Berkshire Hathaway Inc CDR Fair Value". https://www.fairvalue-calculator.com/stock/BRK.NEO

Peer Group

Insurance - Diversified · 83 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 55 · Below median
Fair Value upside +16% · Top 25%
Return on equity (TTM) 18% · Above median
Return on assets 8% · Top 25%
Net margin (TTM) 29% · Top 25%
Operating margin (TTM) 36% · Top 25%
Revenue growth 0% · Below median
Debt / equity 0.18× · Lower than median

Valuation Multiples vs Insurance - Diversified median · lower = cheaper

P/E (TTM) 9.2× · Cheaper than 75% of peers
P/B 1.51× · Pricier than median
P/S (TTM) 2.92× · Pricier than 75% of peers
P/FCF 43.2× · Pricier than 75% of peers
EV/EBITDA 7.7× · Pricier than median
PEG 0.01× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE54 · sector 11
FUTURE0 · sector 31
PAST74 · sector 49
HEALTH91 · sector 89
DIVIDEND0 · sector 72

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Insurance - Diversified stocks, each showing price versus our Fair Value estimate (as of Aug 23, 2026).

Stock Price Fair Value vs Fair Value
Allianz SE ALV €450.60 €266.04 −41%
Zurich Insurance Group ZURN CHF 596.00 CHF 335.07 −44%
AXA SA CS €44.64 €39.90 −11%
Assicurazioni Generali S.p.A G €44.11 €10.92 −75%
Sun Life Financial Inc SLF C$108.85 C$57.05 −48%
American International Group AIG $76.14 $80.91 +6%
The Hartford Insurance Group HIG $137.38 $133.10 −3%
Arch Capital Group ACGL $98.10 $124.45 +27%
Swiss Life Holding SLHN CHF 919.00 CHF 425.23 −54%
Sampo Oyj SAMPO €9.68 €6.06 −37%

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Frequently asked questions

Is Berkshire Hathaway Inc CDR (BRK) overvalued or undervalued?
As of Aug 23, 2026, our model estimates a fair value of C$42.33 versus a price of C$36.63, about +16% upside (undervalued).
What is the fair value of BRK?
Our model-based fair value for Berkshire Hathaway Inc CDR is C$42.33 (as of Aug 23, 2026), built from audited fundamentals. The current price: C$36.63.
What is the quality score of BRK?
Berkshire Hathaway Inc CDR has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Berkshire Hathaway Inc CDR (BRK)?
Our model-based price target is the fair value of C$42.33 (as of Aug 23, 2026) from 4 valuation models. Cautious scenario C$31.75, optimistic scenario C$52.91. It is a calculation from audited fundamentals, not an analyst target.
What is the Berkshire Hathaway Inc CDR stock forecast for 2026?
Our models put fair value at C$42.33, about +16% upside versus a price of C$36.63 (undervalued). Cautious scenario C$31.75, optimistic scenario C$52.91. The calculation is refreshed regularly with new filings.
What is the revenue of Berkshire Hathaway Inc CDR (BRK)?
Berkshire Hathaway Inc CDR reported trailing-twelve-month revenue of about C$370B (latest available figure, as of Aug 23, 2026).
What is the net profit margin of BRK?
The net profit margin of Berkshire Hathaway Inc CDR is about 28.9%, meaning it keeps roughly 28.9% of revenue as net income. Based on the latest reported figures.
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