First Gen (PHS:FGEN) Moat Score: 6/10 (As of Jun. 27, 2026)


PHS:FGEN First Gen Corp PHS:FGEN
53 GF Score
Price ₱16.00
GF Value ₱6.13
Valuation Significantly Overvalued
! 9 Warning Signs
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What is First Gen Moat Score?

First Gen PHS:FGEN +1.27% 53 Moat Score is 6 as of Jun. 27, 2026. GuruFocus rates PHS:FGEN with a GF Score™ of 53/100 and a GF Value™ of ₱6.13 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 546 Utilities - Independent Power Producers companies, First Gen ranks better than 98.53% on this metric.

First Gen has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

First Gen has Narrow Moat: First Gen Corp has a strong narrow moat due to its significant market share in the energy sector and customer loyalty. It benefits from economies of scale and regulatory barriers, but lacks the dominance and exclusivity required for a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes First Gen might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

First Gen  (PHS:FGEN) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

First Gen Moat Score Related Terms

First Gen Moat Score Competitor Comparison

For the Utilities - Renewable subindustry, First Gen's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Moat Score distribution charts can be found below:

* The bar in red indicates where First Gen's Moat Score falls into.


PHS:FGEN
53GF Score
First Gen Corp PHS:FGEN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
First Gen (PHS:FGEN) has a Moat Score of 6 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, First Gen ranks #8 out of 546 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.5%.
Is First Gen's Moat Score too high?
First Gen's current Moat Score is 6. Based on the distribution chart, First Gen ranks #8 out of 546 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, First Gen has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's Moat Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #8 out of 546 companies for Moat Score. This places First Gen in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Utilities - Independent Power Producers company?
A good Moat Score depends on the Utilities - Independent Power Producers industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. First Gen's current Moat Score is 6. 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 ₱6.13, compared to a current price of ₱16.00 — trading 161% above its estimated fair value. The current Moat Score is 6. First Gen's overall GF Score™ is 53/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For First Gen (PHS:FGEN), the current Moat Score is 6 as of Jun. 27, 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 ₱16.00 is trading 161% above its estimated GF Value™ of ₱6.13. GuruFocus considers First Gen to be Significantly Overvalued.

Key valuation signals for PHS:FGEN:

  • Moat Score: 6
  • GF Value™: ₱6.13 vs. price of ₱16.00 (161% above fair value)
  • GF Score™: 53/100 with 9 warning signs

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 Business Description

Other Exchanges FSGCY:USA
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.
53GF Score

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

₱16.00
Price
₱6.13
GF Value