First GenFSGCY 56 Market Cap is $962.1 Mil as of Jun. 24, 2026. 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 484 Utilities - Independent Power Producers companies, First Gen ranks better than 68.6% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Gen's share price for the quarter that ended in Mar. 2026 was $6. First Gen's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 179.8 Mil. Therefore, First Gen's market cap for the quarter that ended in Mar. 2026 was $1,079.0 Mil.
First Gen's quarterly market cap
declined
from Sep. 2025 ($1,564.5 Mil) to Dec. 2025 ($776.9 Mil) but then
increased
from Dec. 2025 ($776.9 Mil) to Mar. 2026 ($1,079.0 Mil).
First Gen's annual market cap
increased
from Dec. 2023 ($1,118.5 Mil) to Dec. 2024 ($1,213.8 Mil) but then
declined
from Dec. 2024 ($1,213.8 Mil) to Dec. 2025 ($776.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Gen's Enterprise Value for Today is $2,741.6 Mil.
First Gen (OTCPK:FSGCY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
First Gen Market Cap Related Terms
First Gen Market Cap Historical Data
* Premium members only.
The historical data trend for First Gen's Market Cap 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.
For the Utilities - Renewable subindustry, First Gen's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Market Cap distribution charts can be found below:
* The bar in red indicates where First Gen's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
First Gen's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FSGCY) has a Market Cap of $962.1 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Gen and its competitors. According to the industry distribution chart, First Gen ranks #152 out of 484 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.4%.
Is First Gen's Market Cap too high?
First Gen's current Market Cap is $962.1 Mil. The Utilities - Independent Power Producers industry median Market Cap is 214.65. First Gen's value of $962.1 Mil is 348.2% above this industry median. Based on the distribution chart, First Gen ranks #152 out of 484 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. 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 Market Cap compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #152 out of 484 companies for Market Cap. This puts First Gen in the upper half of its industry. The industry median Market Cap is 214.65. First Gen's value of $962.1 Mil is 348.2% 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 Market Cap for an Utilities - Independent Power Producers company?
The median Market Cap among Utilities - Independent Power Producers companies is 214.65, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Gen's current Market Cap of $962.1 Mil is 348.2% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Gen and its competitors. For the Utilities - Independent Power Producers industry, the median Market Cap is 214.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Gen's current Market Cap is $962.1 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 $2.05, compared to a current price of $5.35 — trading 161% above its estimated fair value. The current Market Cap is $962.1 Mil and 348.2% above the Utilities - Independent Power Producers industry median of 214.65. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For First Gen (FSGCY), the current Market Cap is $962.1 Mil as of Jun. 24, 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:
Market Cap: $962.1 Mil
GF Value™: $2.05 vs. price of $5.35 (161% above fair value)
Industry Position: 348.2% above the Utilities - Independent Power Producers median (#152 of 484)
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 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
Get the complete analysis for FSGCY
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FSGCY has been successfully added to your 
