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2328.TW$61.70+1.15%
Fair $61.70+0.0%

2328.TW

Pan-International Industrial Corp.

Technology / Electronic ComponentsTaiwan

$61.70

+0.70 (+1.15%)

Fairly Valued+0.0%Fair Value $61.70Fund rank 28/100 · Data gapFallback financials|
SA 60/B
F-Score: 5/9
Declining RevenueMargin Compression

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 21%

FCF escenarios

weak_data · normalized FCF $408.7M · quality 48.3/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 19/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

60/100

B

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Revenue has declined for 3 consecutive years Operating margin has declined for 3 consecutive years
Thesis & Journal · 2328.TWLocal privado en este navegador · Pan-International Industrial Corp.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$32.0B

P/E

39.6x

↑

EV/EBITDA

13.4x

↑

ROE

5.4%

↑

Gross Margin

12.2%

↓

Debt/Equity

0.08

↓
52-Week Range$62
$37$65

TradingView lightweight chart

2328.TW price, volumen y niveles de valoración

Último $61.70Periodo +210.5%
Fair value: $61.70

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-6.1%

FCF CAGR

+9.4%

FCF margin

1.9%

FCF / Net income

0.51x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $21.77B · net income $808.2M · FCF $408.7M

2022-FY → 2025-FY

Gross margin

12.2%-0.3% pts

Operating margin

5.2%-1.7% pts

Net margin

3.7%-1.3% pts

FCF margin

1.9%+0.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$21.77B$21.77B$21.82B$25.63B$26.26B
Net Income$808.2M$808.2M$1.04B$1.26B$1.32B
EBITDA$2.00B$2.00B$2.22B$2.53B$2.70B
EPS——1.992.412.54
Gross Margin12.2%12.2%13.5%12.4%12.5%
Operating Margin5.2%5.2%5.9%6.2%6.9%
Net Margin3.7%3.7%4.8%4.9%5.0%
Balance Sheet
Debt/Equity0.080.080.150.130.21
Current Ratio2.852.85———
Cash Flow
Free Cash Flow$408.7M$408.7M$1.2M$3.61B$312.4M
Returns
ROE5.4%5.4%7.3%9.4%10.3%
Valuation
P/E39.5539.5520.3814.3215.28
EV/EBITDA13.4413.447.465.225.98
P/B2.142.141.481.341.57
Growth & Yield
Revenue Growth-0.2%-0.2%-14.9%-2.4%—
EPS Growth——-17.4%-5.1%—
Dividend Yield1.5%1.5%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +61.3%

Total return

+61.3%

Start / end P/E

n/dx → n/dx

EPS bridge

1.99 → n/d

Residual

+59.8%

EPS growthn/d
Multiple reratingn/d
Dividend+1.5%
Residual / FX / buybacks / cross-term+59.8%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.