First GenFSGCY 56 Pretax Margin % is 38.61% as of Mar. 2026, which is 76% above its 10-year median of 21.90. 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 422 Utilities - Independent Power Producers companies, First Gen ranks better than 86.26% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Gen's Pre-Tax Income for the
three
months ended in Mar. 2026 was $96.8 Mil. First Gen's Revenue for the
three
months ended in Mar. 2026 was $250.6 Mil. Therefore, First Gen's pretax margin for the quarter that ended in Mar. 2026 was 38.61%.
The historical rank and industry rank for First Gen's Pretax Margin % or its related term are showing as below:
FSGCY'
s Pretax Margin % Range Over the Past 10 Years
Min: 15.84 Med: 21.9 Max: 37.79
Current: 37.79
First Gen (OTCPK:FSGCY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
First Gen Pretax Margin % Related Terms
First Gen Pretax Margin % Historical Data
* Premium members only.
The historical data trend for First Gen's Pretax Margin % 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 Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where First Gen's Pretax Margin % falls into.
* 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 Pretax Margin % of 38.61% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on First Gen and its competitors. This is 76% above median its historical median of 21.90. Over the past decade, First Gen's Pretax Margin % has ranged from 15.84 to 37.79. According to the industry distribution chart, First Gen ranks #58 out of 422 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.7%.
Is First Gen's Pretax Margin % too high?
First Gen's current Pretax Margin % of 38.61% is 76% above median its 10-year median of 21.90. Over the past 10 years, this metric has ranged from a low of 15.84 to a high of 37.79. The Utilities - Independent Power Producers industry median Pretax Margin % is 8.66. First Gen's value of 38.61% is 346.1% above this industry median. Based on the distribution chart, First Gen ranks #58 out of 422 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 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's Pretax Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #58 out of 422 companies for Pretax Margin %. This places First Gen in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 8.66. First Gen's value of 38.61% is 346.1% above this benchmark. Historically, First Gen's own Pretax Margin % has ranged from 15.84 to 37.79 over the past decade. While the company's 10-year median is 21.90 vs. the industry median of 8.66, First Gen has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Utilities - Independent Power Producers company?
The median Pretax Margin % among Utilities - Independent Power Producers companies is 8.66, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Gen's current Pretax Margin % of 38.61% is 346.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on First Gen and its competitors. For the Utilities - Independent Power Producers industry, the median Pretax Margin % is 8.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Gen's current Pretax Margin % is 38.61%, which is 76% above median its own 10-year median of 21.90. 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 Pretax Margin % is 38.61%, which is 76% above median its 10-year median of 21.90 and 346.1% above the Utilities - Independent Power Producers industry median of 8.66. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For First Gen (FSGCY), the current Pretax Margin % is 38.61% 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 161% above its estimated GF Value™ of $2.05.
GuruFocus considers First Gen to be Significantly Overvalued.
Key valuation signals for FSGCY:
Pretax Margin %: 38.61% (76% above median its 10-year median of 21.90)
GF Value™: $2.05 vs. price of $5.35 (161% above fair value)
Industry Position: 346.1% above the Utilities - Independent Power Producers median (#58 of 422)
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
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