Filipino Undiscovered Gems With Strong Fundamentals

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

House of Investments

Market Cap: ₱6.8b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

First Philippine Holdings

Market Cap: ₱32.1b

Engages in the power generation, real estate development, energy solutions, and construction business in the Philippines.

Sta. Lucia Land

Market Cap: ₱17.0b

Engages in the real estate development business in the Philippines.

Rizal Commercial Banking

Market Cap: ₱57.6b

Provides various banking and financial products and services in the Philippines and internationally.

iPeople

Market Cap: ₱7.4b

Engages in the education sector in the Philippines.

Keepers Holdings

Market Cap: ₱31.2b

An investment holding company, engages in the liquor, wine, and specialty beverage distribution business in the Philippines.

Rockwell Land

Market Cap: ₱11.2b

Operates as a property developer in high-end and upper-mid markets primarily in Metro Manila, the Philippines.

Bank of Commerce

Market Cap: ₱12.7b

Provides various banking products and services to private and corporate clients in the Philippines.

Global Ferronickel Holdings

Market Cap: ₱8.4b

Engages in mining, production, and exporting of nickel ores.

STI Education Systems Holdings

Market Cap: ₱13.8b

Through its subsidiaries, provides a range of educational services in the Philippines.

Cosco Capital

Market Cap: ₱47.8b

Engages in retail, real estate, liquor distribution, oil and mineral exploration, and other specialty retail businesses in the Philippines.

Shang Properties

Market Cap: ₱16.5b

Engages in the property investment and development business primarily in the Philippines.

GMA Holdings

Market Cap: ₱19.9b

A holding company, issues the Philippine deposit receipts (PDRs) related to the GMA Network, Inc.

GMA Network

Market Cap: ₱20.5b

Engages in radio and television broadcasting businesses in the Philippines and internationally.

PAL Holdings

Market Cap: ₱88.6b

Engages in the air transportation of passengers and cargo in the Philippines and internationally.

SPC Power

Market Cap: ₱15.0b

Generates, distributes, and sells electricity in the Philippines.

Macay Holdings

Market Cap: ₱7.4b

An investment holding company, engages in the carbonated beverage businesses in the Philippines.

Centro Escolar University

Market Cap: ₱7.2b

Operates educational institutions in the Philippines.

Lopez Holdings

Market Cap: ₱13.8b

Through its subsidiaries, engages in the power generation and distribution business in the Philippines.

COL Financial Group

Market Cap: ₱8.4b

Provides online stock brokerage and fund distribution services in the Philippines and Hong Kong.

Pryce

Market Cap: ₱27.5b

Engages in the import and distribution of liquefied petroleum gas (LPG) under the PryceGas brand name in the Philippines.

Ginebra San Miguel

Market Cap: ₱80.6b

Engages in the manufacture and sale of alcoholic beverages in the Philippines.

A. Soriano

Market Cap: ₱19.0b

Through its subsidiaries, manufactures and sells cables and wires in the Philippines.

Vivant

Market Cap: ₱22.2b

Through its subsidiaries, generates, distributes, and retails electric power in the Philippines.

Global-Estate Resorts

Market Cap: ₱7.7b

Engages in the development of integrated tourism and leisure estates, and lifestyle communities consisting of residential, retail, hotel, and/or leisure components in the Philippines.

RFM

Market Cap: ₱17.9b

Engages in milling, manufacturing, and marketing food and beverage products in the Philippines and internationally.

Philippine Stock Exchange

Market Cap: ₱16.5b

Operates as a stock exchange in the Philippines.

Asia United Bank

Market Cap: ₱61.1b

Provides banking and other financial products and services to individual consumers, MSMEs, and corporations in the Philippines.

Century Properties Group

Market Cap: ₱7.8b

Operates as a real estate company in the Philippines.

Citicore Energy REIT

Market Cap: ₱21.0b

Citicore Energy REIT Corp. is the Philippines' first renewable energy real estate investment trust and largest renewable energy landlord, listed in the Philippine Stock Exchange since February 2022.

Nickel Asia

Market Cap: ₱60.3b

Engages in the mining and exploration of nickel saprolite, limonite ore, limestone, and quarry materials in the Philippines.

East West Banking

Market Cap: ₱29.3b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

Petron

Market Cap: ₱27.2b

Operates as an oil refining and marketing company in the Philippines.

Apex Mining

Market Cap: ₱79.4b

Engages in exploration and production of metals and minerals in the Philippines.

OceanaGold (Philippines)

Market Cap: ₱74.1b

Engages in the exploration, development, production, and utilization of gold, copper, silver, and other mineral resources in the Philippines.