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First GenPHS:FGEN +1.55%50 Market Cap is ₱70,493 Mil as of Aug. 11, 2026. GuruFocus rates PHS:FGEN with a GF Score™ of 50/100 and a GF Value™ of ₱4.34 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 486 Utilities - Independent Power Producers companies, First Gen ranks better than 71.19% 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 ₱17.88. First Gen's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 3,597 Mil. Therefore, First Gen's market cap for the quarter that ended in Mar. 2026 was ₱64,307 Mil.
First Gen's quarterly market cap
increased
from Sep. 2025 (₱56,754 Mil) to Dec. 2025 (₱63,803 Mil) and
increased
from Dec. 2025 (₱63,803 Mil) to Mar. 2026 (₱64,307 Mil).
First Gen's annual market cap
declined
from Dec. 2023 (₱62,580 Mil) to Dec. 2024 (₱57,977 Mil) but then
increased
from Dec. 2024 (₱57,977 Mil) to Dec. 2025 (₱63,803 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 ₱179,393 Mil.
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
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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 (PHS:FGEN) has a Market Cap of ₱70,493 Mil as of Aug. 11, 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 #140 out of 486 companies in the Utilities - Independent Power Producers industry, placing it in the top 28.8%.
Is First Gen's Market Cap too high?
First Gen's current Market Cap is ₱70,493 Mil. Based on the distribution chart, First Gen ranks #140 out of 486 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. 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 Market Cap compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #140 out of 486 companies for Market Cap. This puts First Gen in the upper half of its industry. The industry median Market Cap is 207.35. 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 207.35, based on 486 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. 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 207.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Gen's current Market Cap is ₱70,493 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 ₱19.60 — trading 351.6% above its estimated fair value. The current Market Cap is ₱70,493 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For First Gen (PHS:FGEN), the current Market Cap is ₱70,493 Mil as of Aug. 11, 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 ₱19.60 is trading 351.6% above its estimated GF Value™ of ₱4.34.
GuruFocus considers First Gen to be Significantly Overvalued.
Key valuation signals for PHS:FGEN:
Market Cap: ₱70,493 Mil
GF Value™: ₱4.34 vs. price of ₱19.60 (351.6% 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.
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