FST Corp. (KBSX) Key Metrics

NASDAQ: KBSXValuation, returns, debt and efficiency ratios over 10 years.

KBSX valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$59.5M
Enterprise value
$90.4M
P/E (TTM)
11.1
Forward P/E
12.5
PEG ratio
—
Price / sales
1.1
10-yr median 10.6
Price / book
3.9
10-yr median 16.6
EV / EBITDA
35.0
10-yr median 286.1
Dividend yield
—
Beta
0.30

KBSX key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

KBSX valuation Price multiples at each fiscal year-end price.

Price / sales−87.0%
1.3
2025 · hover or tap a bar for each year
2022: 11.32023: 17.7 (+57.5%)2024: 10.0 (−43.9%)2025: 1.3 (−87.0%)
20162025
Price / book−58.2%
6.6
2025 · hover or tap a bar for each year
2022: 17.32023: 18.6 (+7.4%)2024: 15.9 (−14.3%)2025: 6.6 (−58.2%)
20162025
EV / EBITDA−94.8%
42.2
2025 · hover or tap a bar for each year
2022: 39.72023: 529.9 (+1,235.5%)2024: 815.0 (+53.8%)2025: 42.2 (−94.8%)
20162025
Free cash flow yield−1.0 pts
−2.6%
2025 · hover or tap a bar for each year
2022: −0.2%2023: −0.1% (+0.1 pts)2024: −1.6% (−1.4 pts)2025: −2.6% (−1.0 pts)
20162025

KBSX valuation history

Fiscal year-endToday10-year median

KBSX returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

KBSX debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

KBSX cash returned to shareholders

DividendsBuybacksFree cash flow

KBSX price vs earnings per share

Share price at year-endEPS (right axis)

KBSX key metrics

2016–2025
FST Corp. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$62.3M$363.5M$509.7M$560.8M——————
Enterprise value$90.6M$373.8M$516.8M$549.4M——————
P/E ratio———59.8——————
Price / sales1.310.017.711.3——————
Price / book6.615.918.617.3——————
EV / sales1.910.218.011.0——————
EV / EBITDA42.2815.0529.939.7——————
Earnings yield−2.4%−0.9%−0.4%1.7%——————
Free cash flow yield−2.6%−1.6%−0.1%−0.2%——————
Dividend yield—0.0%0.5%0.1%——————
Shareholder yield (dividends + buybacks)0.1%1.3%19.3%0.1%——————
Share price at fiscal year-end$1.40$9.63$11.03$10.28——————
Per share
Revenue per share$1.08$0.97$0.62$0.91$0.71$0.51$0.41$0.36$0.43$0.29
Earnings per share−$0.03−$0.09−$0.05$0.17$0.04$0.02$0.01$0.01$0.02−$0.01
Operating cash flow per share−$0.02−$0.04−$0.02−$0.02$0.13$0.08————
Free cash flow per share−$0.04−$0.15−$0.02−$0.02$0.06$0.05————
Cash per share$0.16$0.14$0.19$0.38$0.19$0.13————
Book value per share$0.21$0.60$0.59$0.59$0.46$0.42————
Tangible book value per share$0.10$0.47$0.48$0.49$0.35$0.31————
Dividends per share—$0.00$0.06$0.01——————
Capex per share$0.01$0.11$0.00$0.00$0.08$0.03————
Debt per share$0.80$0.41$0.35$0.17$0.28$0.23————
Shares outstanding44.5M37.7M46.2M54.6M54.6M54.5M54.2M52.7M43.5M43.4M
Change in shares outstanding+17.8%−18.3%−15.3%−0.0%+0.1%+0.7%+2.7%+21.2%+0.2%−0.8%
Returns & profitability
Return on equity (ROE)−9.3%−12.9%−7.2%32.6%9.7%3.7%————
Return on invested capital (ROIC)−5.2%−8.5%−8.9%30.4%7.4%3.7%————
Return on assets (ROA)−2.5%−5.3%−3.5%17.6%5.4%2.1%————
Return on tangible assets−2.7%−6.1%−3.7%17.3%5.7%2.5%————
Free cash flow margin−3.3%−15.7%−2.6%−2.3%7.9%9.0%————
Income quality (OCF / net income)———−0.123.104.98————
Financial health
Total debt$35.5M$15.4M$16.0M$9.4M$15.5M$12.3M————
Cash & short-term investments$7.2M$5.2M$8.9M$20.7M$10.5M$7.0M————
Net debt$28.3M$10.3M$7.1M−$11.4M$4.9M$5.3M————
Debt / equity3.790.680.580.290.620.54————
Debt / assets0.590.260.250.160.330.31————
Net debt / EBITDA13.1822.377.30−0.821.162.22————
Current ratio0.791.211.451.851.611.98————
Quick ratio0.450.550.741.421.161.24————
Interest coverage-2.8-6.7-212.2195.5—5.725.3—32.93.6
Working capital−$7.2M$4.5M$9.7M$16.9M$8.9M$10.0M————
Invested capital$37.7M$33.1M$34.5M$21.0M$30.0M$28.2M————
Tangible asset value$4.7M$17.9M$22.1M$26.8M$19.3M$16.7M————
Net current asset value−$22.8M−$8.8M−$4.8M$9.1M$1.8M$3.1M————
Graham number———$1.52$0.66$0.38————
Graham net-net per share−$0.72−$0.50−$0.34$0.05−$0.07−$0.04————
Capital allocation
Dividends paid—$0$2.7M$281,679——————
Share buybacks (net)$38,754$4.7M$95.6M———————
Dividend payout ratio———3.0%——————
Capex / revenue1.3%11.3%0.0%0.0%10.6%6.1%————
Capex / operating cash flow————57.4%40.4%————
Capex / depreciation0.131.010.000.001.490.78————
R&D / revenue3.1%3.6%5.3%3.0%3.9%4.7%4.9%5.8%4.5%3.2%
SG&A / revenue44.8%49.5%52.3%29.7%31.2%36.4%39.1%36.7%33.2%33.2%
Efficiency
Days sales outstanding48.153.273.744.050.069.9————
Days of inventory on hand175.9261.1284.8119.2116.0185.3————
Days payables outstanding40.423.934.623.918.521.9————
Cash conversion cycle (days)183.6290.5323.8139.3147.5233.3————
Receivables turnover7.596.864.968.307.305.22————
Payables turnover9.0315.3010.5515.3019.7216.67————
Inventory turnover2.081.401.283.063.151.97————
Asset turnover0.810.600.470.930.900.69————
Average receivables$6.3M$5.3M$5.8M$6.0M$5.3M$5.3M————
Average payables$3.0M$1.4M$1.4M$1.5M$1.1M$893,800————
Average inventory$13.2M$14.9M$11.9M$7.6M$7.0M$7.6M————
Intangibles / total assets8.1%8.8%8.4%9.4%12.3%15.3%————

Computed from KBSX's annual financial statements (latest annual report filed April 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

KBSX valuation and financial ratios

Based on the latest twelve months, the trailing P/E is 11.1 and the forward P/E is 12.5. FST earned a return on equity of −9.3% and a return on invested capital of −5.2% in fiscal 2025. It ended the year with $35.5 million of debt and $7.2 million in cash and short-term investments, net debt of $28.3 million. It returned $0.0 million to shareholders: $0 in dividends and $0.0 million in share buybacks.

See the KBSX income statement, the KBSX chart for price history, or the KBSX stock overview for the latest quote and news.

KBSX key metrics FAQ

What is FST's P/E ratio?

FST's trailing P/E ratio is 11.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.5. At the end of fiscal 2025 it was —.

What is FST's EV/EBITDA?

FST's enterprise value was 42.2 times EBITDA at the end of fiscal 2025 (enterprise value $90.6 million, EBITDA $2.1 million); the current EV/EBITDA is 35.0.

What is FST's return on equity?

FST's return on equity (ROE) was −9.3% in fiscal 2025: net income of -$1.5 million on average shareholders' equity of $16.1 million.

What is FST's ROIC?

FST's return on invested capital was −5.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does FST have?

FST had total debt of $35.5 million at the end of fiscal 2025, a debt-to-equity ratio of 3.79 and $28.3 million of net debt (13.18 times EBITDA).

Does FST buy back its shares?

Yes. FST spent $0.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +17.8% over the year, to 44.5M..

What is FST's free cash flow yield?

FST generated -$1.6 million of free cash flow in fiscal 2025, a free cash flow yield of −2.6% on its market value at year-end ($62.3 million).

What is FST's current ratio?

FST's current ratio was 0.79 at the end of fiscal 2025: current assets were 0.79 times current liabilities.

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