profit from every $100 of sales.
$0$100
FST
$1.31+5.65% today
-11.5% in 1 year
1-year low $0.841-year high $1.72
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2024.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What FST sold, what it kept, and what it did with the cash.
Sales went from $49.8 million in 2022 to $36.5 million in 2024, with -$3.24 million of profit last year.
SalesProfit
FST vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| FST | No profit yet | ||
 Nucor | 32.5× · Expensive | ||
 ArcelorMittal | 15.0× · Cheap | ||
 JSW Steel | 14.8× · Cheap | ||
 Steel Dynamics | 27.5× · Fair price |
AI analysis
An AI analyst reads FST's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 |
|---|---|---|---|
| 50 | 29 | 36 | |
| 27 | 13 | 16 | |
| 10 | -3 | -4 | |
| 16 | 1 | 2 | |
| 9 | -2 | -3 | |
| 0.21 | -0.05 | -0.07 | |
| 53.4% | 46.8% | 43.1% | |
| 20.7% | -10.9% | -10.0% | |
| 18.8% | -7.5% | -8.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 |
|---|---|---|---|
| Total assets | 60 | 63 | 58 |
| Cash | 21 | 9 | 5 |
| Total debt | 17 | 30 | 31 |
| Total liabilities | 28 | 36 | 35 |
| 32 | 27 | 23 | |
| 45 | 45 | 45 | |
| 20.1% | -4.0% | -3.3% | |
| 28.9% | -7.9% | -14.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 |
|---|---|---|---|
| 13 | -11 | -2 | |
| 2 | 12 | 4 | |
| 10 | -23 | -6 | |
| Dividends paid | 0 | 3 | 0 |
| – | – | – | |
| – | – | – |
Valuation
- –
- 26.2×
- –
- 3.5×
- 1.6×
- –
- 45.2×
- -10.0%
- -5.5%
- 0.0%
Profitability
- 43.1%
- -10.0%
- -8.9%
- 1.0%
- -0.9%
- -1.4%
- -18.8%
- -3.7%
- -1.5%
- 2.9%
Growth
- −14.4%
- –
- −8.3%
- –
- −4.9%
Financial health
- 54.3×
- 2.08
- 56.5%
- -0.5×
- 0.96
- 0.56
- 0.83
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 13%of 989
Bottom 3%of 954
Bottom 6%of 940
Bottom 8%of 990
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.04 | – | – |
| Feb 13, 2026 | -0.01 | -0.01 | +0.0% |
| Nov 18, 2025 | -0.02 | – | – |
| Sep 30, 2025 | 0.02 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
12No pass
Benjamin Graham
10No pass
Philip Fisher
35No pass
Peter Lynch
9No pass
Joel Greenblatt
0No pass
Charlie Munger
19No pass
Terry Smith
12No pass
Questions about FST
Is FST a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the FST AI analysis
What does FST do?
FST Corp. designs, manufactures, markets, and distributes steel golf shafts to golf club original equipment manufacturers and distributors worldwide. The company offers steel shafts under the KBS brand name. FST Corp.is based in Chiayi, Taiwan. It is in Steel.
Does FST pay a dividend?
No. FST does not pay a dividend at the moment.
Is FST stock halal?
No. FST does not pass our halal screen: its debt is 52% of its market value, at or above the 33% limit. How we check
How has FST stock done over the past year?
Down 11.5% over the past twelve months, to $1.31. It traded between $0.84 and $1.72 and is 23.8% below its high.
Who are FST's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with FST's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.