Thai Undiscovered Gems With Strong Fundamentals

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Forth Smart Service

Market Cap: ฿5.6b

Provides prepaid mobile top-up services in Thailand.

Thai Steel Cable

Market Cap: ฿3.6b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Saha-Union

Market Cap: ฿8.7b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Jasmine Technology Solution

Market Cap: ฿23.1b

Through its subsidiaries engages in the design and installation of telecommunication systems, telecom service, bitcoin mining, and other businesses in Thailand.

M.C.S. Steel

Market Cap: ฿4.1b

Engages in the design, production, and distribution of structural steel products for building construction in Thailand, China, and Japan.

Alucon

Market Cap: ฿8.0b

Engages in producing and distributing aluminum containers primarily in Thailand.

Patrangsit Healthcare Group

Market Cap: ฿4.4b

Operates hospitals in Thailand.

Muramoto Electron (Thailand)

Market Cap: ฿4.7b

Manufactures and sells metal and plastic parts for audio/visual equipment, and electronic equipment for automobiles and office automation appliances in Thailand, Japan, the United States, and internationally.

INET Freehold and Leasehold Real Estate Investment Trust

Market Cap: ฿5.5b

n/a

MFC Asset Management

Market Cap: ฿3.2b

A publicly owned investment manager.

Platinum Group

Market Cap: ฿3.8b

Engages in the property development business in Thailand.

P.C.S. Machine Group Holding

Market Cap: ฿4.6b

Manufactures and distributes automotive parts in Asia, Europe, and internationally.

S & J International Enterprises

Market Cap: ฿4.5b

Manufactures and distributes cosmetic products in Thailand and internationally.

Advanced Information Technology

Market Cap: ฿7.7b

Engages in sale, design, installation, project management, repair and maintenance, training, and turnkey for network infrastructure and information and communication technology systems in Thailand.

Tata Steel (Thailand)

Market Cap: ฿6.2b

Engages in the manufacturing, distribution, and trading of steel bars, wire rods, and small section products in Thailand and internationally.

Syntec Construction

Market Cap: ฿3.2b

Provides construction and real estate development services in Thailand.

Univanich Palm Oil

Market Cap: ฿10.7b

Engages in the oil palm plantations, crushing mills, and oil palm research and seed businesses in Thailand and the Philippines.

Precise Corporation

Market Cap: ฿3.3b

Engages in the production and distribution of electricity business in Thailand and internationally.

Alpha Divisions

Market Cap: ฿3.6b

Engages in the consultation and property development business in Thailand and internationally.

Srivichaivejvivat

Market Cap: ฿4.7b

Engages in the hospital business in Thailand.

Samart Corporation

Market Cap: ฿6.2b

Designs and installs telecommunications systems, and sells telecommunications equipment in Thailand, Cambodia, and internationally.

Polynet

Market Cap: ฿3.2b

Manufactures and sells rubber, plastic, silicone, and molds products in Thailand and internationally.

LH Financial Group

Market Cap: ฿16.1b

An investment holding company, engages in the banking business in Thailand.

GMM Grammy

Market Cap: ฿3.8b

Engages in the music, satellite television (TV), digital TV, movies, home shopping, and co-investment in other businesses in Thailand.

BA Airport Leasehold Real Estate Investment Trust

Market Cap: ฿10.3b

n/a

Laguna Resorts & Hotels

Market Cap: ฿5.6b

Engages in the hotel and property development businesses in Thailand.

Thaitheparos

Market Cap: ฿13.6b

Manufactures and distributes sauces and condiments in Thailand and internationally.

Business Online

Market Cap: ฿5.0b

Engages in the development and provision of local and global financial information systems in Thailand.

Sahamitr Pressure Container

Market Cap: ฿4.8b

Engages in the manufacture and sale of LPG and other pressure cylinders in Asia, Africa, the United States, and internationally.

Roctec Global

Market Cap: ฿6.5b

Provides system integration services and advertising services in Thailand, Hong Kong, and Vietnam.

Premier Technology

Market Cap: ฿3.4b

An investment holding company, distributes and provides services related to computer and computer system in Thailand.

POSCO-Thainox

Market Cap: ฿3.4b

Engages in the production and sale of cold-rolled stainless steel products in Thailand, South Korea, the United States, Germany, Vietnam, Malaysia, India, the United Arab Emirates, and internationally.

KGI Securities (Thailand)

Market Cap: ฿8.0b

Engages in the securities and derivatives business in Thailand.

CIMB Thai Bank

Market Cap: ฿12.9b

Provides various banking and financial products and services to individuals and commercial customers in Thailand.

Maybank Securities (Thailand)

Market Cap: ฿4.1b

Provides securities trading and investment advice services to individual and institutional customers in Thailand.