FSGCY (First Gen) EV-to-EBIT: 8.60 (As of Jul. 14, 2026) — 31% Above Median

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FSGCY First Gen Corp FSGCY
54 GF Score
Price $5.35
GF Value $2.17
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is First Gen EV-to-EBIT?

First Gen FSGCY 54 EV-to-EBIT is 8.60 as of Jul. 14, 2026, which is 31% above its 10-year median of 6.59. GuruFocus rates FSGCY with a GF Score™ of 54/100 and a GF Value™ of $2.17 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 340 Utilities - Independent Power Producers companies, First Gen ranks better than 80% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Gen's Enterprise Value is $2,734.4 Mil. First Gen's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $317.9 Mil. Therefore, First Gen's EV-to-EBIT for today is 8.60.

The historical rank and industry rank for First Gen's EV-to-EBIT or its related term are showing as below:

FSGCY' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.75   Med: 6.59   Max: 16.58
Current: 8.58

During the past 13 years, the highest EV-to-EBIT of First Gen was 16.58. The lowest was 3.75. And the median was 6.59.

FSGCY's EV-to-EBIT is ranked better than
80% of 340 companies
in the Utilities - Independent Power Producers industry
Industry Median: 17.625 vs FSGCY: 8.58

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Gen's Enterprise Value for the quarter that ended in Mar. 2026 was $2,843.9 Mil. First Gen's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $317.9 Mil. First Gen's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.18%.


First Gen  (OTCPK:FSGCY) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

First Gen's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=317.861/2843.938
=11.18 %

First Gen's Enterprise Value for the quarter that ended in Mar. 2026 was $2,843.9 Mil.
First Gen's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $317.9 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.


First Gen EV-to-EBIT Related Terms


First Gen EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for First Gen's EV-to-EBIT 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 EV-to-EBIT Chart

First Gen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.76 4.64 4.22 11.81 7.09

First Gen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 15.32 16.54 15.21 7.09 8.83

First Gen EV-to-EBIT Competitor Comparison

For the Utilities - Renewable subindustry, First Gen's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where First Gen's EV-to-EBIT falls into.


FSGCY
54GF Score
First Gen Corp FSGCY
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Gen EV-to-EBIT Calculation

First Gen's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2734.351/317.861
=8.60

First Gen's current Enterprise Value is $2,734.4 Mil.
First Gen's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $317.9 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-EBIT →
What does a EV-to-EBIT of 8.60 mean?
First Gen (FSGCY) has a EV-to-EBIT of 8.60 as of Jul. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Gen and its competitors. This is 31% above median its historical median of 6.59. Over the past decade, First Gen's EV-to-EBIT has ranged from 3.75 to 16.58. According to the industry distribution chart, First Gen ranks #68 out of 340 companies in the Utilities - Independent Power Producers industry, placing it in the top 20%.
Is First Gen's EV-to-EBIT too high?
First Gen's current EV-to-EBIT of 8.60 is 31% above median its 10-year median of 6.59. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 16.58. The Utilities - Independent Power Producers industry median EV-to-EBIT is 17.63. First Gen's value of 8.60 is 51.2% below this industry median. Based on the distribution chart, First Gen ranks #68 out of 340 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 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's EV-to-EBIT compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #68 out of 340 companies for EV-to-EBIT. This places First Gen in the top 20% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 17.63. First Gen's value of 8.60 is 51.2% below this benchmark. Historically, First Gen's own EV-to-EBIT has ranged from 3.75 to 16.58 over the past decade. While the company's 10-year median is 6.59 vs. the industry median of 17.63, First Gen has consistently been below 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-EBIT for an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 17.63, based on 340 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Gen's current EV-to-EBIT of 8.60 is 51.2% below 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-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Gen and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 17.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Gen's current EV-to-EBIT is 8.60, which is 31% above median its own 10-year median of 6.59. 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 $2.17, compared to a current price of $5.35 — trading 146.5% above its estimated fair value. The current EV-to-EBIT is 8.60, which is 31% above median its 10-year median of 6.59 and 51.2% below the Utilities - Independent Power Producers industry median of 17.63. First Gen's overall GF Score™ is 54/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For First Gen (FSGCY), the current EV-to-EBIT is 8.60 as of Jul. 14, 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 146.5% above its estimated GF Value™ of $2.17. GuruFocus considers First Gen to be Significantly Overvalued.

Key valuation signals for FSGCY:

  • EV-to-EBIT: 8.60 (31% above median its 10-year median of 6.59)
  • GF Value™: $2.17 vs. price of $5.35 (146.5% above fair value)
  • GF Score™: 54/100 with 9 warning signs
  • Industry Position: 51.2% below the Utilities - Independent Power Producers median (#68 of 340)

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.
54GF Score

Get the complete analysis for FSGCY

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

$5.35
Price
$2.17
GF Value