FSGCY (First Gen) EBITDA Margin %: 67.88% (As of Mar. 2026) — 80% Above Median


FSGCY First Gen Corp FSGCY
56 GF Score
Price $5.35
GF Value $2.05
Valuation Significantly Overvalued
! 9 Warning Signs
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What is First Gen EBITDA Margin %?

First Gen FSGCY 56 EBITDA Margin % is 67.88% as of Mar. 2026, which is 80% above its 10-year median of 37.70. GuruFocus rates FSGCY with a GF Score™ of 56/100 and a GF Value™ of $2.05 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 418 Utilities - Independent Power Producers companies, First Gen ranks better than 94.02% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. First Gen's EBITDA for the three months ended in Mar. 2026 was $170.1 Mil. First Gen's Revenue for the three months ended in Mar. 2026 was $250.6 Mil. Therefore, First Gen's EBITDA margin for the quarter that ended in Mar. 2026 was 67.88%.


First Gen  (OTCPK:FSGCY) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


First Gen EBITDA Margin % Related Terms


First Gen EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for First Gen's EBITDA Margin % 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.

First Gen EBITDA Margin % Chart

First Gen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.67 28.30 34.23 65.22 72.26

First Gen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 56.57 39.93 32.48 -4.40 67.88

First Gen EBITDA Margin % Competitor Comparison

For the Utilities - Renewable subindustry, First Gen's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


First Gen EBITDA Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where First Gen's EBITDA Margin % falls into.


FSGCY
56GF Score
First Gen Corp FSGCY
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Gen EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

First Gen's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=630.082/871.996
=72.26 %

First Gen's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=170.134/250.649
=67.88 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 67.88% mean?
First Gen (FSGCY) has a EBITDA Margin % of 67.88% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on First Gen and its competitors. This is 80% above median its historical median of 37.70. Over the past decade, First Gen's EBITDA Margin % has ranged from 28.30 to 111.25. According to the industry distribution chart, First Gen ranks #25 out of 418 companies in the Utilities - Independent Power Producers industry, placing it in the top 6%.
Is First Gen's EBITDA Margin % too high?
First Gen's current EBITDA Margin % of 67.88% is 80% above median its 10-year median of 37.70. Over the past 10 years, this metric has ranged from a low of 28.30 to a high of 111.25. The Utilities - Independent Power Producers industry median EBITDA Margin % is 27.77. First Gen's value of 67.88% is 144.4% above this industry median. Based on the distribution chart, First Gen ranks #25 out of 418 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, First Gen has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's EBITDA Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #25 out of 418 companies for EBITDA Margin %. This places First Gen in the top 6% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 27.77. First Gen's value of 67.88% is 144.4% above this benchmark. Historically, First Gen's own EBITDA Margin % has ranged from 28.30 to 111.25 over the past decade. While the company's 10-year median is 37.70 vs. the industry median of 27.77, First Gen 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 EBITDA Margin % for an Utilities - Independent Power Producers company?
The median EBITDA Margin % among Utilities - Independent Power Producers companies is 27.77, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Gen's current EBITDA Margin % of 67.88% is 144.4% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on First Gen and its competitors. For the Utilities - Independent Power Producers industry, the median EBITDA Margin % is 27.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Gen's current EBITDA Margin % is 67.88%, which is 80% above median its own 10-year median of 37.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Gen stock overvalued right now?
Based on GuruFocus' analysis, First Gen (FSGCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.05, compared to a current price of $5.35 — trading 161% above its estimated fair value. The current EBITDA Margin % is 67.88%, which is 80% above median its 10-year median of 37.70 and 144.4% above the Utilities - Independent Power Producers industry median of 27.77. First Gen's overall GF Score™ is 56/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For First Gen (FSGCY), the current EBITDA Margin % is 67.88% as of Mar. 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 First Gen (FSGCY) Overvalued in 2026?

Based on GuruFocus' analysis, First Gen stock appears to be overvalued. The current stock price of $5.35 is trading 161% above its estimated GF Value™ of $2.05. GuruFocus considers First Gen to be Significantly Overvalued.

Key valuation signals for FSGCY:

  • EBITDA Margin %: 67.88% (80% above median its 10-year median of 37.70)
  • GF Value™: $2.05 vs. price of $5.35 (161% above fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 144.4% above the Utilities - Independent Power Producers median (#25 of 418)

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


First Gen Business Description

Other Exchanges FGEN:Philippines
Address Ortigas Avenue, 6th Floor, Rockwell Business Center, Tower 3, Pasig, PHL, 1604
First Gen Corp is an independent electric utility company operating in the Philippines. First Gen develops, finances, builds, bids for, and operate power generation projects. The company generates a amount of Filipino energy needs through its portfolio of natural gas, wind, solar, hydro, and geothermal power plants located in the country. Majority of the power generated by First Gen is produced through natural gas and geothermal fuel sources. It operates in six segments: FGPC, FGP, EDC and Subsidiaries, FGEN LNG, FNPC, and Prime Meridian. The company only operates in Philippines.
56GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.35
Price
$2.05
GF Value