F

First Gen Corp
XPHS:FGEN

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First Gen Corp
XPHS:FGEN
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Price: 17.72 PHP -1.45% Market Closed
Market Cap: 63.7B PHP

Relative Value

The Relative Value of one FGEN stock under the Base Case scenario is 33.09 PHP. Compared to the current market price of 17.72 PHP, First Gen Corp is Undervalued by 46%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FGEN Relative Value
Base Case
33.09 PHP
Undervaluation 46%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
80
Median 3Y
0.4
Median 5Y
0.5
Industry
1.7
Forward
0.4
vs History
41
vs Industry
71
Median 3Y
4
Median 5Y
4.1
Industry
15.1
Forward
3.8
vs History
38
vs Industry
80
Median 3Y
1.6
Median 5Y
1.7
Industry
7.4
vs History
34
vs Industry
45
Median 3Y
4.4
Median 5Y
4.7
Industry
14.6
vs History
84
vs Industry
84
Median 3Y
0.4
Median 5Y
0.4
Industry
1.4
vs History
26
vs Industry
77
Median 3Y
0.8
Median 5Y
0.9
Industry
2.9
Forward
0.9
vs History
20
vs Industry
76
Median 3Y
2.7
Median 5Y
2.9
Industry
7.9
vs History
26
vs Industry
78
Median 3Y
2.7
Median 5Y
2.9
Industry
10.6
Forward
2.6
vs History
11
vs Industry
75
Median 3Y
4
Median 5Y
4.2
Industry
15.3
Forward
3.6
vs History
9
vs Industry
77
Median 3Y
2.7
Median 5Y
2.7
Industry
11.3
vs History
11
vs Industry
10
Median 3Y
4.3
Median 5Y
4.3
Industry
16.8
vs History
44
vs Industry
86
Median 3Y
0.4
Median 5Y
0.4
Industry
0.9

Multiples Across Competitors

FGEN Competitors Multiples
First Gen Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
PH
First Gen Corp
XPHS:FGEN
63.7B PHP 0.5 4.2 3 4.7
DE
Uniper SE
XETRA:UN01
562.9B EUR 2.1 -29.7 -142.5 -87.5
US
Vistra Corp
NYSE:VST
58.7B USD 3.4 60.1 15 36.1
SA
ACWA Power Co
SAU:2082
184.5B SAR 25.9 103.5 73.8 94.7
IN
NTPC Ltd
NSE:NTPC
3.1T INR 1.7 13.1 9 13.7
IN
Adani Power Ltd
NSE:ADANIPOWER
2.8T INR 5.1 23.3 14.8 18.9
CN
CGN Power Co Ltd
SZSE:003816
193.4B CNY 2.3 20.6 16.5 16.5
CN
China National Nuclear Power Co Ltd
SSE:601985
177.5B CNY 2.2 20.6 20.5 20.5
TH
Gulf Energy Development PCL
SET:GULF
620B THB 5.1 29 34.7 42.6
US
Talen Energy Corp
NASDAQ:TLN
16.9B USD 7.4 75.6 31 78.9
CN
SDIC Power Holdings Co Ltd
SSE:600886
108.9B CNY 2 16.7 14.4 14.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
PH
F
First Gen Corp
XPHS:FGEN
Average EV/EBITDA: 23.3
3
-7%
N/A
DE
Uniper SE
XETRA:UN01
Negative Multiple: -142.5 N/A N/A
US
Vistra Corp
NYSE:VST
15
5%
3
SA
ACWA Power Co
SAU:2082
73.8
51%
1.4
IN
NTPC Ltd
NSE:NTPC
9
9%
1
IN
Adani Power Ltd
NSE:ADANIPOWER
14.8
14%
1.1
CN
CGN Power Co Ltd
SZSE:003816
16.5
21%
0.8
CN
China National Nuclear Power Co Ltd
SSE:601985
20.5
30%
0.7
TH
G
Gulf Energy Development PCL
SET:GULF
34.7
12%
2.9
US
Talen Energy Corp
NASDAQ:TLN
31
55%
0.6
CN
SDIC Power Holdings Co Ltd
SSE:600886
14.4
26%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
PH
F
First Gen Corp
XPHS:FGEN
Average EV/EBIT: 34.1
4.7
-5%
N/A
DE
Uniper SE
XETRA:UN01
Negative Multiple: -87.5 N/A N/A
US
Vistra Corp
NYSE:VST
36.1
10%
3.6
SA
ACWA Power Co
SAU:2082
94.7
57%
1.7
IN
NTPC Ltd
NSE:NTPC
13.7
11%
1.2
IN
Adani Power Ltd
NSE:ADANIPOWER
18.9
13%
1.5
CN
CGN Power Co Ltd
SZSE:003816
16.5
1%
16.5
CN
China National Nuclear Power Co Ltd
SSE:601985
20.5
7%
2.9
TH
G
Gulf Energy Development PCL
SET:GULF
42.6
16%
2.7
US
Talen Energy Corp
NASDAQ:TLN
78.9
107%
0.7
CN
SDIC Power Holdings Co Ltd
SSE:600886
14.4
3%
4.8