First Gen (PHS:FGEN) 3-Year RORE % : 9.26% (As of Mar. 2026)


PHS:FGEN First Gen Corp PHS:FGEN
49 GF Score
Price ₱15.90
GF Value ₱6.24
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is First Gen 3-Year RORE %?

First Gen PHS:FGEN +1.92% 49 3-Year RORE % is 9.26 as of Mar. 2026. GuruFocus rates PHS:FGEN with a GF Score™ of 49/100 and a GF Value™ of ₱6.24 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 396 Utilities - Independent Power Producers companies, First Gen ranks better than 58.84% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. First Gen's 3-Year RORE % for the quarter that ended in Mar. 2026 was 9.26%.

The industry rank for First Gen's 3-Year RORE % or its related term are showing as below:

PHS:FGEN's 3-Year RORE % is ranked better than
58.84% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: -1.135 vs PHS:FGEN: 9.26

First Gen  (PHS:FGEN) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


First Gen 3-Year RORE % Related Terms


First Gen 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for First Gen's 3-Year RORE % 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.

First Gen 3-Year RORE % Chart

First Gen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.07 1.49 11.85 2.95 10.58

First Gen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.79 -3.18 -4.70 10.58 9.26

First Gen 3-Year RORE % Competitor Comparison

For the Utilities - Renewable subindustry, First Gen's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where First Gen's 3-Year RORE % falls into.


PHS:FGEN
49GF Score
First Gen Corp PHS:FGEN
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Gen 3-Year RORE % Calculation

First Gen's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 5.707-4.603 )/( 14.519-2.6 )
=1.104/11.919
=9.26 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 9.26 mean?
First Gen (PHS:FGEN) has a 3-Year RORE % of 9.26 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on First Gen and its competitors. According to the industry distribution chart, First Gen ranks #163 out of 396 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.2%.
Is First Gen's 3-Year RORE % too high?
First Gen's current 3-Year RORE % is 9.26. Based on the distribution chart, First Gen ranks #163 out of 396 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, First Gen has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's 3-Year RORE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, First Gen ranks #163 out of 396 companies for 3-Year RORE %. This puts First Gen in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Utilities - Independent Power Producers company?
A good 3-Year RORE % depends on the Utilities - Independent Power Producers industry context. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on First Gen and its competitors. First Gen's current 3-Year RORE % is 9.26. 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 ₱6.24, compared to a current price of ₱15.90 — trading 154.8% above its estimated fair value. The current 3-Year RORE % is 9.26. First Gen's overall GF Score™ is 49/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For First Gen (PHS:FGEN), the current 3-Year RORE % is 9.26 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 ₱15.90 is trading 154.8% above its estimated GF Value™ of ₱6.24. GuruFocus considers First Gen to be Significantly Overvalued.

Key valuation signals for PHS:FGEN:

  • 3-Year RORE %: 9.26
  • GF Value™: ₱6.24 vs. price of ₱15.90 (154.8% above fair value)
  • GF Score™: 49/100 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.
49GF Score

Get the complete analysis for PHS:FGEN

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱15.90
Price
₱6.24
GF Value