FSGCY (First Gen) Selling, General, & Admin. Expense: $186.4 Mil (TTM As of Mar. 2026)


FSGCY First Gen Corp FSGCY
54 GF Score
Price $5.35
GF Value $2.13
Valuation Significantly Overvalued
! 9 Warning Signs
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What is First Gen Selling, General, & Admin. Expense?

First Gen FSGCY 54 Selling, General, & Admin. Expense is $186.4 Mil as of Mar. 2026. GuruFocus rates FSGCY with a GF Score™ of 54/100 and a GF Value™ of $2.13 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. First Gen's selling, general, & admin. expense for the three months ended in Mar. 2026 was $22.7 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $186.4 Mil.


First Gen  (OTCPK:FSGCY) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


First Gen Selling, General, & Admin. Expense Related Terms


First Gen Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for First Gen's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

First Gen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.08 114.45 120.50 73.79 145.92

First Gen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 15.09 63.48 53.47 46.73 22.68

First Gen Selling, General, & Admin. Expense Competitor Comparison

For the Utilities - Renewable subindustry, First Gen's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where First Gen's Selling, General, & Admin. Expense falls into.


FSGCY
54GF Score
First Gen Corp FSGCY
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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First Gen Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $186.4 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $186.4 Mil mean?
First Gen (FSGCY) has a Selling, General, & Admin. Expense of $186.4 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on First Gen and its competitors.
Is First Gen's Selling, General, & Admin. Expense too high?
First Gen's current Selling, General, & Admin. Expense is $186.4 Mil. Overall, First Gen has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Gen's Selling, General, & Admin. Expense compare to competitors?
First Gen's Selling, General, & Admin. Expense of $186.4 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Utilities - Independent Power Producers company?
A good Selling, General, & Admin. Expense depends on the Utilities - Independent Power Producers industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on First Gen and its competitors. First Gen's current Selling, General, & Admin. Expense is $186.4 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 $2.13, compared to a current price of $5.35 — trading 151.2% above its estimated fair value. The current Selling, General, & Admin. Expense is $186.4 Mil. First Gen's overall GF Score™ is 54/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For First Gen (FSGCY), the current Selling, General, & Admin. Expense is $186.4 Mil 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 151.2% above its estimated GF Value™ of $2.13. GuruFocus considers First Gen to be Significantly Overvalued.

Key valuation signals for FSGCY:

  • Selling, General, & Admin. Expense: $186.4 Mil
  • GF Value™: $2.13 vs. price of $5.35 (151.2% above fair value)
  • GF Score™: 54/100 with 9 warning signs

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 Business Description

Other Exchanges FGEN:Philippines
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.
54GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.35
Price
$2.13
GF Value