First Philippine Holdings Corporation

First Philippine Holdings Corporation

FPHHF
First Philippine Holdings CorporationUS flagOther OTC
1.39
USD
- -
- -
648.41MMarket Cap
First Philippine Holdings Corporation
FPHHF
(Other OTC)

Recent

price

1.39

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
103.77
166.33
177.61
168.38
179.64
174.29
165.87
189.26
228.64
257.26
211.41
250.05
352.04
160.32
- -
- -
- -
Revenue per Share
41.99
2.91
16.06
4.09
10.1
9.58
17.75
10.38
18.57
24.04
19.24
19.92
26.2
32.21
- -
- -
- -
Basic EPS, GAAP
18.86
9.46
31.66
4.48
-6.9
10.22
34.54
38.16
55.86
71.14
57.46
43.97
39.07
61.67
- -
- -
- -
Free Cash Flow per Basic Share
2.6
1.57
2.11
3.48
1.37
2.04
2.98
2.16
2.96
2.18
2.19
2.3
2.14
2.2
- -
- -
- -
Dividend per Share
121.77
118.27
123.29
99.49
94.17
101.24
117.36
126.76
144.33
169.41
190.1
209.56
241.01
265.6
- -
- -
- -
Book Value per Share
142.71
90.54
90.53
91.18
112.73
133.48
159.28
207.19
209.09
246.59
273.16
300.85
347.21
418.04
- -
- -
- -
Tangible Book Value per Share
592
562
548
552
553
554
554
554
548
519
507
501
484
468
- -
- -
- -
Basic Weighted Avg Shares
61,403
93,509
97,339
92,953
99,301
96,510
91,910
104,890
125,389
133,594
107,281
125,159
170,338
74,977
78,627
84,719
67,641
Sales/Revenue/Turnover
13.21
18.47
22.09
20
22.4
23.39
26.68
23.21
23.3
23.34
24.83
20.18
18.43
26.44
26.02
19.2
18.51
Operating Margin (%)
3,029
7,500
7,583
7,934
8,718
10,469
13,499
12,444
13,143
13,780
13,782
12,906
13,612
8,872
9,686
11,254
12,063
Depreciation Expense
24,850
1,638
9,175
2,350
5,632
5,406
9,933
5,854
10,281
12,583
9,860
10,021
12,676
15,066
14,316
19,805
19,333
Net Income, GAAP
6.38
33.45
12.87
32.02
23.17
25.17
23.83
23.97
21.43
16.53
19.01
17.67
20.99
13.55
17.09
12.8
9.52
Effective Tax Rate (%)
40.47
1.75
9.43
2.53
5.67
5.6
10.81
5.58
8.2
9.42
9.19
8.01
7.44
20.09
18.21
23.38
28.58
Profit Margin (%)
19,963
41,301
39,040
61,535
51,403
52,189
48,129
59,224
50,771
48,259
62,204
63,142
73,847
70,730
68,953
94,954
78,172
Working Capital
42,311
102,734
102,921
136,497
142,171
151,616
144,419
137,381
131,398
108,107
102,599
100,505
105,750
110,872
143,087
152,918
144,311
LT Debt
91,380
111,060
109,229
104,674
116,648
127,455
141,021
166,904
166,259
179,098
188,991
200,209
217,470
244,894
270,972
315,383
325,408
Total Equity
5.36
6.22
8.37
5.27
6.37
5.78
6.13
5.81
7.02
8.1
6.66
6.31
7.21
4.5
3.96
2.98
2.37
Return on Invested Capital (%)
13.72
2.71
3.66
1.14
1.22
1.83
2.76
1.8
2.07
2.35
1.41
1.47
1.91
1.72
2.57
3.62
3.56
Return on Capital (%)
42
2.36
13.13
3.68
10.44
9.82
16.24
8.51
13.63
14.94
10.58
9.9
11.45
12.51
10.96
13.79
11.74
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
31,209
26,815
29,029
LT Borrowings
147,701
150,144
144,311
LT Finance Leases
- -
2,774
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
425
425
425
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
168,837
174,827
158,036
Cash, Cash Equivalents & STI
63,335
90,775
56,076
Accounts Receivable, Net
25,731
16,782
19,136
Inventories
51,523
47,554
47,835
Total Current Liabilities
84,920
79,873
79,864
Payables & Accruals
- -
- -
- -
ST Debt
31,209
26,815
29,029
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.61%
10.84%
16.39%
Free Cash Flow
-1%
-60.62%
-134.75%
Net Income, GAAP
19.94%
16.07%
38.34%
Sales/Revenue/Turnover
2.51%
1.88%
7.75%
Total Cash Common Dividend
2.32%
-0.6%
-4.22%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39,125
45,684
39,823
42,478
78,627
2025
19,130
43,406
39,764
-39,778
84,719
2026
24,249
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.92
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
First Philippine Holdings Corporation (FPH) is a diversified Philippine holding company that invests in and manages subsidiaries engaged in power generation, real estate development, energy solutions including manufacturing, construction services, and other sectors such as geothermal drilling, oil transport, healthcare, education, and financing. Founded on June 30, 1961, and headquartered at Rockwell Business Center Tower 3 in Pasig City, FPH operates primarily in the Philippines through key subsidiaries including First Gen Corporation for clean and renewable energy production via natural gas-fired, hydroelectric, geothermal, wind, and solar power plants; Rockwell Land Corporation for premium residential, commercial, and mixed-use real estate developments; First Philippine Electric Corporation (First Philec) for manufacturing dry-type and fluid-immersed transformers, electronic and electrical products, packaged substations, and solar silicon wafers through its joint venture First Philec Solar Corporation; First Balfour, Inc. for construction of power plants, transmission lines, public infrastructure, and electro-mechanical works; First Philippine Industrial Park for industrial estate development and leasing; and others like Batangas Cogeneration Corporation. The company generates, distributes, and sells electricity; develops and leases residential, commercial, and industrial properties; supplies water and waste management services; produces and crushes concrete aggregates; provides petroleum products distribution; and offers specialized services including truck leasing, quarrying, medical research, and securities transfer. In recent developments, FPH's subsidiary First Gen Corporation entered a strategic partnership in June 2025 with Prime Infrastructure Capital, Inc., under which Prime Infra acquired a 60% stake in First Gen's gas business assets—including the 1000 MW Santa Rita, 500 MW San Lorenzo, 450 MW San Gabriel, and 97 MW Avion power plants, plus the proposed 1200 MW Santa Maria plant and an interim offshore LNG terminal—for PHP 50 billion, with First Gen retaining 40% in the plants and 20% in the LNG terminal alongside Tokyo Gas; FPH also allocated a P57-billion capital expenditure budget for 2025 focused on expanding renewable energy and real estate segments, partnered with Converge ICT Solutions in 2024 for fiber connectivity across its 600-hectare First Philippine Industrial Park in Batangas, and formed a sales partnership with Powertech Associates through First Philec to bolster manufacturing outreach.