FST (KBSX) Debt-to-EBITDA : 35.60 (As of Jun. 2026) — 155% Above Median

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KBSX FST Corp KBSX
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What is FST Debt-to-EBITDA?

FST KBSX +5.26% 10 Debt-to-EBITDA is 35.60 as of Jun. 2026, which is 155% above its 10-year median of 13.95. GuruFocus rates KBSX with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 657 Travel & Leisure companies, FST ranks worse than 92.09% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

FST's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $22.57 Mil. FST's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $14.46 Mil. FST's annualized EBITDA for the quarter that ended in Jun. 2026 was $1.04 Mil. FST's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 35.60.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for FST's Debt-to-EBITDA or its related term are showing as below:

KBSX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.05   Med: 13.95   Max: 25.41
Current: 12.3

During the past 4 years, the highest Debt-to-EBITDA Ratio of FST was 25.41. The lowest was 1.05. And the median was 13.95.

KBSX's Debt-to-EBITDA is ranked worse than
92.09% of 657 companies
in the Travel & Leisure industry
Industry Median: 2.45 vs KBSX: 12.30

FST  (NAS:KBSX) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


FST Debt-to-EBITDA Related Terms


FST Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for FST's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FST Debt-to-EBITDA Chart

FST Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
1.05 25.41 16.43 11.47

FST Quarterly Data
Dec22 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.28 -9.29 8.16 3.38 35.60

KBSX vs NOMA, PRKA, KMRK: Debt-to-EBITDA Comparison

For the Leisure subindustry, FST's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FST Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, FST's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where FST's Debt-to-EBITDA falls into.


KBSX
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FST Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

FST's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.528 + 14.938) / 3.092
=11.47

FST's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.565 + 14.459) / 1.04
=35.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 35.60 mean?
FST (KBSX) has a Debt-to-EBITDA of 35.60 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on FST. This is 155% above median its historical median of 13.95. Over the past decade, FST's Debt-to-EBITDA has ranged from 1.05 to 25.41. According to the industry distribution chart, FST ranks #605 out of 657 companies in the Travel & Leisure industry, placing it in the top 92.1%.
Is FST's Debt-to-EBITDA too high?
FST's current Debt-to-EBITDA of 35.60 is 155% above median its 10-year median of 13.95. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 25.41. The Travel & Leisure industry median Debt-to-EBITDA is 2.45. FST's value of 35.60 is 1353.1% above this industry median. Based on the distribution chart, FST ranks #605 out of 657 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, FST has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does FST's Debt-to-EBITDA compare to NOMA and PRKA?
According to the Travel & Leisure industry distribution chart, FST ranks #605 out of 657 companies for Debt-to-EBITDA. This places FST in the lower half of its industry. The industry median Debt-to-EBITDA is 2.45. FST's value of 35.60 is 1353.1% above this benchmark. Historically, FST's own Debt-to-EBITDA has ranged from 1.05 to 25.41 over the past decade. While the company's 10-year median is 13.95 vs. the industry median of 2.45, FST has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.45, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FST's current Debt-to-EBITDA of 35.60 is 1353.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on FST. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FST's current Debt-to-EBITDA is 35.60, which is 155% above median its own 10-year median of 13.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FST stock overvalued right now?
FST (KBSX) has a current Debt-to-EBITDA of 35.60. The current Debt-to-EBITDA is 35.60, which is 155% above median its 10-year median of 13.95 and 1353.1% above the Travel & Leisure industry median of 2.45. FST's overall GF Score™ is 10/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For FST (KBSX), the current Debt-to-EBITDA is 35.60 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FST Business Description

Address No. 3, Gongye 1st Road, Minxiong Township, Chiayi County, Chiayi, TWN, 621018
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.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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