T-Flex Techvest PCB Co., Ltd. (3276.TWO)

T-Flex Techvest PCB Co., Ltd. (3276.TWO) — VMCI valuation read

T-Flex Techvest PCB Co., Ltd. sits at VMCI 39/100, with the Technology sector median at 50. That 11-point spread is the first thing to note on 3276.TWO: it tells the reader the composite is unfavorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on 3276.TWO are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on 3276.TWO: 3276.TWO trades at 20.0x earnings, 11% above the Technology median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 12.0% sits 2.0pp above the Technology median (10.0%). The Risk read: net debt to EBITDA of 2.1x is the rate-sensitivity line to watch, anchoring the bear scenario on a measurable balance-sheet metric.

3276.TWO rose 0.1% over the trailing 7 days, with a -14.3% read on a 30-day basis.