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First Gen's land and improvements for the quarter that ended in Mar. 2026 was ₱1,178 Mil.
First Gen's quarterly land and improvements
declined
from Sep. 2025 (₱3,774 Mil) to Dec. 2025 (₱1,180 Mil) and
declined
from Dec. 2025 (₱1,180 Mil) to Mar. 2026 (₱1,178 Mil).
First Gen's annual land and improvements
increased
from Dec. 2023 (₱3,567 Mil) to Dec. 2024 (₱3,721 Mil) but then
declined
from Dec. 2024 (₱3,721 Mil) to Dec. 2025 (₱1,180 Mil).
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.
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.
What does a Land And Improvements of ₱1,178 Mil mean?
First Gen (PHS:FGEN) has a Land And Improvements of ₱1,178 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 ₱1,178 Mil. Overall, First Gen has a GF Score™ of 50/100 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 ₱1,178 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 ₱1,178 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 (PHS:FGEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱4.34, compared to a current price of ₱21.30 — trading 390.8% above its estimated fair value. The current Land And Improvements is ₱1,178 Mil. First Gen's overall GF Score™ is 50/100 with 14 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 (PHS:FGEN), the current Land And Improvements is ₱1,178 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 (PHS:FGEN) Overvalued in 2026?
Based on GuruFocus' analysis, First Gen stock appears to be overvalued.
The current stock price of ₱21.30 is trading 390.8% above its estimated GF Value™ of ₱4.34.
GuruFocus considers First Gen to be Significantly Overvalued.
Key valuation signals for PHS:FGEN:
Land And Improvements: ₱1,178 Mil
GF Value™: ₱4.34 vs. price of ₱21.30 (390.8% above fair value)
No single metric tells the full story. See the PHS:FGEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
50GF Score
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Land And Improvements is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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