Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
First ResourcesFSRCY +5.70%77 Intrinsic Value: Projected FCF is $186.79 as of Aug. 30, 2026. GuruFocus rates FSRCY with a GF Score™ of 77/100 and a GF Value™ of $208.75 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,323 Consumer Packaged Goods companies, First Resources ranks worse than 77.02% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-30), First Resources's Intrinsic Value: Projected FCF is $186.79. The stock price of First Resources is $361.455. Therefore, First Resources's Price-to-Intrinsic-Value-Projected-FCF of today is 1.9.
The historical rank and industry rank for First Resources's Intrinsic Value: Projected FCF or its related term are showing as below:
FSRCY'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.6 Med: 1.44 Max: 2.35
Current: 1.94
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of First Resources was 2.35. The lowest was 0.60. And the median was 1.44.
FSRCY's Price-to-Projected-FCF is ranked worse than 77.02% of 1323
companies
in the Consumer Packaged Goods industry
Industry Median: 1.02
vs FSRCY: 1.94
First Resources (OTCPK:FSRCY) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
First Resources's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
361.455
/
174.79807712119
=
2.07
* 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 Resources Intrinsic Value: Projected FCF Related Terms
First Resources Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for First Resources's Intrinsic Value: Projected FCF 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 Resources Intrinsic Value: Projected FCF Chart
FSRCY vs KHC, GIS: Intrinsic Value: Projected FCF Comparison
For the Packaged Foods subindustry, First Resources's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Resources Price-to-Projected-FCF vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, First Resources's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where First Resources's Price-to-Projected-FCF falls into.
First Resources Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $186.79 mean?
First Resources (FSRCY) has a Intrinsic Value: Projected FCF of $186.79 as of Aug. 30, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on First Resources and its competitors. According to the industry distribution chart, First Resources ranks #1019 out of 1323 companies in the Consumer Packaged Goods industry, placing it in the top 77%.
Is First Resources' Intrinsic Value: Projected FCF too high?
First Resources' current Intrinsic Value: Projected FCF is $186.79. The Consumer Packaged Goods industry median Intrinsic Value: Projected FCF is 1.02. First Resources' value of $186.79 is 18212.7% above this industry median. Based on the distribution chart, First Resources ranks #1019 out of 1323 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, First Resources has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Resources' Intrinsic Value: Projected FCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Resources ranks #1019 out of 1323 companies for Intrinsic Value: Projected FCF. This places First Resources in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.02. First Resources' value of $186.79 is 18212.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Consumer Packaged Goods company?
The median Intrinsic Value: Projected FCF among Consumer Packaged Goods companies is 1.02, based on 1,323 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Resources's current Intrinsic Value: Projected FCF of $186.79 is 18212.7% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on First Resources and its competitors. For the Consumer Packaged Goods industry, the median Intrinsic Value: Projected FCF is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Resources's current Intrinsic Value: Projected FCF is $186.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Resources stock overvalued right now?
Based on GuruFocus' analysis, First Resources (FSRCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $208.75, compared to a current price of $361.46 — trading 73.2% above its estimated fair value. The current Intrinsic Value: Projected FCF is $186.79 and 18212.7% above the Consumer Packaged Goods industry median of 1.02. First Resources' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For First Resources (FSRCY), the current Intrinsic Value: Projected FCF is $186.79 as of Aug. 30, 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 Resources (FSRCY) Overvalued in 2026?
Based on GuruFocus' analysis, First Resources stock appears to be overvalued.
The current stock price of $361.46 is trading 73.2% above its estimated GF Value™ of $208.75.
GuruFocus considers First Resources to be Significantly Overvalued.
Key valuation signals for FSRCY:
Intrinsic Value: Projected FCF: $186.79
GF Value™: $208.75 vs. price of $361.46 (73.2% above fair value)
Industry Position: 18212.7% above the Consumer Packaged Goods median (#1019 of 1323)
No single metric tells the full story. See the FSRCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Resources Ltd manages hectares of oil palm plantations located in Indonesia and mills fresh fruit bunches into crude palm oil and palm kernel. In addition, the group also processes crude palm oil and palm kernel into higher-value palm-based products such as refined, bleached, and deodorized olein and biodiesel. The operating segment of the company is Plantations, Palm Oil Mills & Refinery and Processing. The plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and the operation of palm oil mills. Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants, and other downstream processing facilities.
77GF Score
Get the complete analysis for FSRCY
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FSRCY has been successfully added to your 
