FST

FST

Leisure Products
FST Corp is a renowned manufacturer and innovator in the golf industry with a growing portfolio of creative golf products, including acclaimed golf club shafts and other equipment. The Company has engaged in the research, development, manufacturing, and sales of golf club shafts. The Company currently produces and sells golf club shafts under the Company’s own high performance KBS golf club shaft brand, and serves as an original equipment manufacturer (OEM) and original design manufacturer (ODM) for other world-renowned golf equipment brands, golf equipment OEMs, and golf equipment distributors that provide consumers with customized golf club services.

$55.1M

Market Cap • 10/28/2026

2023

(3 years)

Founded

2025

(1 year ago)

IPO

NASDAQ

Listing Exchange

Flag of Taiwan

Taiwan

Country

Valuation

P/B

3,5

P/S

1

P/EBITDA

96,7

P/OCF

44,4

P/FCF

—

P/E

—

BVPS

0,4

EPS

—

Market Cap

Market Cap

55,1M

EV

84M

EV/Revenue

1,6

EV/EBITDA

147,6

EV/EBIT

147,6

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

0%

Total Yield

0%

Payout

0%

Retained Earnings

2,4M

Profitability

Gross Margin

45,3%

EBITDA Margin

1,1%

EBIT Margin

1,1%

Net Margin

—

D&A/EBITDA

0%

R&D/Revenue

2,9%

Capex/Revenue

2,5%

Capex/D&A

0%

Capex/OCF

105,9%

SBC/OCF

—

% PPE

38,4%

% Goodwill

0%

ROE

—

ROIC

—

Leverage

N.D./EBITDA

50,6

Debt/Equity

0%

Current Ratio

0,9

Quick Ratio

0,5

Interest Coverage

—

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