First Gen Corporation (FSGCY) Stock

About First Gen Corporation

First Gen Corporation (FSGCY) is a prominent power generation entity operating throughout the Philippines. The company manages a diverse portfolio of power plants through various segments. Its natural gas-fired facilities include the 1,000 MW Santa Rita combined cycle plant (under FGPC), the 500 MW San Lorenzo combined cycle plant (FGP), the 420 MW San Gabriel power plant (FNPC), and the 97 MW Avion open-cycle plant (Prime Meridian). Through its EDC and Subsidiaries segment, First Gen plays a significant role in renewable energy. This segment holds service contracts with the Department of Energy for the exploration, development, and utilization of geothermal resources across 10 distinct areas. It operates numerous geothermal power facilities such as the 588.4 MW Unified Leyte, 172.5 MW Palinpinon, 140.0 MW Bac-Man, 123.0 MW Tongonan, 106.0 MW Mindanao, and 49.4 MW Nasulo plants. Additionally, this segment encompasses the 150 MW Burgos Wind Energy project, the 6.82 MW Burgos Solar Energy project, and 5.17 MW of Solar Rooftop installations. The FG Hydro segment contributes with the 132 MW Pantabangan-Masiway Hydroelectric Plant. First Gen distributes its generated electricity to a broad spectrum of clients, including the Manila Electric Company, National Power Corporation, various electric cooperatives, privately-owned distribution utilities, substantial industrial consumers, and the National Grid Corporation of the Philippines. As of December 31, 2021, the company boasted a total installed generating capacity of 3,495 megawatts. First Gen Corporation was founded in 1998, with its headquarters situated in Pasig, Philippines, and operates as a subsidiary of First Philippine Holdings Corporation.

First Gen Corporation is headquartered in PH.

First Gen Corporation (FSGCY) stock trades at $5.35 with a market capitalization of $962.08M. The stock is valued at a price-to-earnings (P/E) ratio of 2.76, price-to-book of 0.30, price-to-sales of 1.64. Over the past 52 weeks the stock has ranged between $4.32 and $8.70, and currently trades 38.5% below its 52-week high. It pays a dividend yielding 4.96%.

On profitability, First Gen Corporation generates a return on equity (ROE) of 11.38%, return on capital employed of 1.34%, an operating margin of 14.32%, a net profit margin of 59.85%.

Official website: www.firstgen.com.ph