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First Gen Corporation (FSGCY)

USD5.35 +0.00 (+0.00%)
PH OTC Utilities Renewable Utilities
Address Rockwell Business Center 1604
Pasig, RI, PH
CEO Federico Rufino Lopez
IPO 2015-06-09
ISIN US3203261017

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Description

First Gen Corporation (FSGCY) is a prominent power generation entity operating throughout the Philippines. The company manages a diverse portfolio of power plants through various segments. Its natural gas-fired facilities include the 1,000 MW Santa Rita combined cycle plant (under FGPC), the 500 MW San Lorenzo combined cycle plant (FGP), the 420 MW San Gabriel power plant (FNPC), and the 97 MW Avion open-cycle plant (Prime Meridian). Through its EDC and Subsidiaries segment, First Gen plays a significant role in renewable energy. This segment holds service contracts with the Department of Energy for the exploration, development, and utilization of geothermal resources across 10 distinct areas. It operates numerous geothermal power facilities such as the 588.4 MW Unified Leyte, 172.5 MW Palinpinon, 140.0 MW Bac-Man, 123.0 MW Tongonan, 106.0 MW Mindanao, and 49.4 MW Nasulo plants. Additionally, this segment encompasses the 150 MW Burgos Wind Energy project, the 6.82 MW Burgos Solar Energy project, and 5.17 MW of Solar Rooftop installations. The FG Hydro segment contributes with the 132 MW Pantabangan-Masiway Hydroelectric Plant. First Gen distributes its generated electricity to a broad spectrum of clients, including the Manila Electric Company, National Power Corporation, various electric cooperatives, privately-owned distribution utilities, substantial industrial consumers, and the National Grid Corporation of the Philippines. As of December 31, 2021, the company boasted a total installed generating capacity of 3,495 megawatts. First Gen Corporation was founded in 1998, with its headquarters situated in Pasig, Philippines, and operates as a subsidiary of First Philippine Holdings Corporation.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD5.35 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
1
Beta
0.19
Float Shares
41.40M
Free Float %
23.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.04% -11.10% -10.80% +23.89% +23.89% -20.71% -9.44% -58.02% -37.55% -48.29%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
5.35
DCF (Unlevered) 3.10 -42.0%
DCF (Levered) 5.61 +4.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
1.00
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
5 / 5
High
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Renewable Utilities: +1.3%
    -62.4% Q1'26: -55.5% (vs Q1'25)
  • EPS growth Renewable Utilities: +6.7%
    +47.1% Q1'26: -26.1% (vs Q1'25)
  • FCF margin FCF growth · Renewable Utilities: +50.4%
    +5.4% Q1'26: +10.0% (vs Q1'25)
  • EBIT margin Renewable Utilities: +22.3%
    +39.9% Q1'26: +31.8% (vs Q1'25)
  • ROIC Renewable Utilities: +3.5%
    +7.3% Q1'26: +6.2% (vs Q1'25)
  • Share dilution Renewable Utilities: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Renewable Utilities: 3.24×
    3.15× Q1'26: 3.42× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.19) × ERP
WACC = 32% × Ke + 68% × Kd (5.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 3.03 Current price: 5.35
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
Dec 2027
1 Rev. Ana.
Revenue
2.41B
est: 2.69B (-10.5%)
906.04M
est: 2.38B (-62.0%)
1.09B
1.09B – 1.09B
-54.2% YoY
1.14B
1.14B – 1.14B
+4.6% YoY
EBITDA
812.49M
est: 1.09B (-25.7%)
654.68M
est: 968.86M (-32.4%)
444.02M
444.02M – 444.02M
-54.2% YoY
464.64M
464.64M – 464.64M
+4.6% YoY
EBIT
531.58M
est: 705.73M (-24.7%)
361.03M
est: 625.05M (-42.2%)
286.46M
286.46M – 286.46M
-54.2% YoY
299.76M
299.76M – 299.76M
+4.6% YoY
Net Income
252.92M
370.94M
— – —
— – —
SGA
265.08M
est: 297.35M (-10.9%)
153.01M
est: 263.36M (-41.9%)
120.69M
120.69M – 120.69M
-54.2% YoY
126.30M
126.30M – 126.30M
+4.6% YoY
EPS
1.40
2.06
— – —
— – —

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.00B
OE per share TTM
-11.13
Owner's Yield
-208.04%
Maintenance CapEx ratio
1,359.61%
Maint CapEx / Avg PPE
136.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
168.5K
Shares Outstanding
179.83M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Emmanuel Antonio Singson Executive Vice President, Chief Financial Officer & Treasurer male
Erwin O. Avante Senior Vice President male
Federico Rufino Lopez Chairman & Chief Executive Officer male
Francis Giles Puno Vice Chairman, President & Chief Operating Officer male
Nurjehan Maria D. Dayrit Vice President, Compliance Officer & Chief Risk Officer female
Ramon A. Carandang Vice President of Corporate Communications male
Richard Raymond-Baltasr Tantoco Executive Director male
Valerie Gloriane Y. Dy Sun-Lim Vice President & Head of Investor Relations female
Victor Emmanuel Santos Jr. Executive Vice President & Corporate Information Officer male
Vincent Martin C. Villegas Senior Vice President & Chief Revenue Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits