Pan-International Industrial Corp. (2328.TW)

Pan-International Industrial Corp. (2328.TW) — VMCI valuation read

Pan-International Industrial Corp. (2328.TW) carries a VMCI composite of 59/100, 9 points above the Technology sector median of 50. Among mid-cap names, that gap places 2328.TW in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The 2328.TW insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.

**Investor frame.** Value reads 2328.TW trades at 14.0x earnings, 22% below the Technology median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Technology 12.0x. Quality: ROIC of 18.0% sits 8.0pp above the Technology median (10.0%). Risk: net debt to EBITDA of 3.0x is the rate-sensitivity line to watch, the line to track on Pan-International Industrial Corp.'s next 10-Q.

2328.TW rose 1.3% over the trailing 7 days, with a -22.4% read on a 30-day basis.