FSGCY (First Gen) Land And Improvements: $19.2 Mil (As of Mar. 2026)

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FSGCY First Gen Corp FSGCY
56 GF Score
Price $5.35
GF Value $1.09
Valuation Significantly Overvalued
! 15 Warning Signs
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What is First Gen Land And Improvements?

First Gen FSGCY 56 Land And Improvements is $19.2 Mil as of Mar. 2026. GuruFocus rates FSGCY with a GF Score™ of 56/100 and a GF Value™ of $1.09 (Significantly Overvalued). The stock has 15 warning signs investors should review.

First Gen's land and improvements for the quarter that ended in Mar. 2026 was $19.2 Mil.

First Gen's quarterly land and improvements declined from Sep. 2025 ($61.6 Mil) to Dec. 2025 ($19.3 Mil) and declined from Dec. 2025 ($19.3 Mil) to Mar. 2026 ($19.2 Mil).

First Gen's annual land and improvements increased from Dec. 2023 ($58.3 Mil) to Dec. 2024 ($60.8 Mil) but then declined from Dec. 2024 ($60.8 Mil) to Dec. 2025 ($19.3 Mil).

First Gen Land And Improvements Historical Data

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The historical data trend for First Gen's Land And Improvements 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 Land And Improvements Chart

First Gen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Land And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.92 56.87 58.26 60.77 19.27

First Gen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Land And Improvements 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 60.99 61.42 61.63 19.27 19.24
FSGCY
56GF Score
First Gen Corp FSGCY
Land And Improvements is just one metric. See GF Score™, valuation, warning signs, and more.
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First Gen Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.

Frequently Asked Questions Learn more about Land And Improvements →
What does a Land And Improvements of $19.2 Mil mean?
First Gen (FSGCY) has a Land And Improvements of $19.2 Mil as of Mar. 2026. Land and improvements records the total value of a company's land and improvements to it. View historical data on First Gen and its competitors.
Is First Gen's Land And Improvements too high?
First Gen's current Land And Improvements is $19.2 Mil. 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 Land And Improvements compare to competitors?
First Gen's Land And Improvements of $19.2 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Land And Improvements for an Utilities - Independent Power Producers company?
A good Land And Improvements depends on the Utilities - Independent Power Producers industry context. However, Land And Improvements should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Land And Improvements mean?
A high Land And Improvements can signal that a stock is expensive relative to its fundamentals. Land and improvements records the total value of a company's land and improvements to it. View historical data on First Gen and its competitors. First Gen's current Land And Improvements is $19.2 Mil. 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 $1.09, compared to a current price of $5.35 — trading 390.8% above its estimated fair value. The current Land And Improvements is $19.2 Mil. First Gen's overall GF Score™ is 56/100 with 15 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Land And Improvements calculated?
Land And Improvements is calculated from a company's financial statements. For First Gen (FSGCY), the current Land And Improvements is $19.2 Mil 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 390.8% above its estimated GF Value™ of $1.09. GuruFocus considers First Gen to be Significantly Overvalued.

Key valuation signals for FSGCY:

  • Land And Improvements: $19.2 Mil
  • GF Value™: $1.09 vs. price of $5.35 (390.8% above fair value)
  • GF Score™: 56/100 with 15 warning signs

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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Land And Improvements is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.35
Price
$1.09
GF Value