Stocktoria
FST Corp. KBSX
FST Corp. (KBSX) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 6.45% (safety: no dividend). FY2025 revenue was $48.0M at a -3.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.26 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.048 |
| Retained earnings / assets | 0.026 |
| EBIT / assets | -0.038 |
| Equity / liabilities | 0.343 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| KBSX | FST Corp. | 3/9 | -0.13 | — | +31.4% |
| TRUG | TruGolf Holdings, Inc. | 3/9 | -8.03 | — | -13.6% |
| NWTG | Newton Golf Company, Inc. | 3/9 | — | — | — |
| BWMG | Brownie's Marine Group, Inc | 4/9 | -10.1 | — | — |
| GMEX | GMEX Robotics Corp | 4/9 | 4.63 | — | — |
| AOUT | American Outdoor Brands, Inc. | 5/9 | 5.24 | — | -14.3% |
| ESCA | ESCALADE INC | 7/9 | 9.74 | 19.4 | -4.5% |
About FST Corp.
FST Corp. develops, produces, and sells golf shafts and other sports equipment under the KBS brand in Taiwan and internationally. The company provides shafts for irons, such as KBS TOUR series that can be fitted into iron golf clubs, pitching wedge, and sand wedge; KBS TOUR LITE series provides tight dispersion, trajectory, additional spin, and longer distance in a lightweight package; KBS TOUR-V series, a steel shaft that features larger outer diameters; KBS 560 and 580 series developed for junior developing players; KBS MAX 80 Series, a lightweight shaft designed for mid-high handicap players; KBS Tour $-Taper series provides shot workability and tight dispersion; and KBS Tour $-Taper Light series, a lightweight tour performance golf club shaft. It offers shafts for wedges including KBS Wedge series for players seeking a similar feel to the KBS TOUR; KBS Tour 610 Wedge series shaft that delivers penetrating ball flight with controlled spin; KBS TOUR-V Wedge shaft to produce shots with a lower-mid trajectory and mid ball spin; and KBS HI-REV 2.0 wedge shaft series for higher ball launch. In addition, the company provides shafts for putters, which include KBS Tour One Step Putter shaft for amplified feel along with reduction in vibrations; KBS CT Tour Putter shaft series designed for company's constant taper technology; and KBS GPS Graphite putter shaft designed as a balance performance shafts. Further, it offers KBS Tour Graphite Hybrid Prototype, KBS Tour Graphite Iron, KBS MAX Graphite, KBS TD Driver/Wood, KBS PGI Players Graphite Iron, and KBS Players Graphite Hybrid PGH; C-TAPER Black Limited Edition, C-TAPER LITE Black Limited Edition steel shafts, TD Driver/Wood Limited Edition graphite shafts, HI-REV 2.0 Wedge Major Green Limited Edition series wedges, and HI-REV 2.0 Wedge Liberty Limited Edition wedges; golf accessories; and operates restaurant and bar. FST Corp. was incorporated in 1976 and is headquartered in Chiayi, Taiwan.
FAQ
Is KBSX financially healthy?
FST Corp.'s Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does KBSX pay a dividend, and is it safe?
Yes. FST Corp. pays a dividend yielding about 6.45% with a None payout ratio, rated “no dividend” for safety.
How profitable is KBSX?
In FY2025, FST Corp. had a net margin of -3.1% and a return on equity of -9.6%.
What is the analyst price target for KBSX?
The average Wall-Street price target for FST Corp. is $3.50, about 244.3% above the recent price, from 2 analysts.
Is KBSX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on FST Corp.: a Piotroski F-score of 3/9, an Altman Z″ in the distress zone, a dividend yield of 6.45%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.