Filipino Undiscovered Gems With Strong Fundamentals

Asian Terminals

Market Cap: ₱61.9b

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: ₱6.2b

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

Sta. Lucia Land

Market Cap: ₱20.7b

Engages in the real estate development business in the Philippines.

Belle

Market Cap: ₱13.6b

Engages in real estate development business in the Philippines and internationally.

Victorias Milling Company

Market Cap: ₱10.9b

Operates as an integrated raw and refined sugar company in the Philippines.

Rizal Commercial Banking

Market Cap: ₱60.5b

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

Rockwell Land

Market Cap: ₱10.5b

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

Atok-Big Wedge

Market Cap: ₱6.2b

Engages in the exploration, development, and mining oil, gas, and other natural resources in the Philippines.

Keepers Holdings

Market Cap: ₱34.0b

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

iPeople

Market Cap: ₱6.1b

Engages in the education sector in the Philippines.

Bank of Commerce

Market Cap: ₱12.8b

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

STI Education Systems Holdings

Market Cap: ₱13.3b

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

Shang Properties

Market Cap: ₱17.0b

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

GMA Holdings

Market Cap: ₱16.9b

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

Global Ferronickel Holdings

Market Cap: ₱6.2b

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

Centro Escolar University

Market Cap: ₱6.7b

Operates educational institutions in the Philippines.

Pryce

Market Cap: ₱24.1b

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

Lopez Holdings

Market Cap: ₱14.1b

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

PAL Holdings

Market Cap: ₱100.7b

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

Filinvest Development

Market Cap: ₱41.5b

Engages in real estate development in the Philippines.

SPC Power

Market Cap: ₱13.2b

Generates, distributes, and sells electricity in the Philippines.

Macay Holdings

Market Cap: ₱6.5b

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

Ginebra San Miguel

Market Cap: ₱84.8b

Engages in the manufacture and sale of alcoholic beverages in the Philippines.The company offers gins, brandies, wines, and distilled spirits, as well as vodka and rum.

COL Financial Group

Market Cap: ₱8.3b

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

GMA Network

Market Cap: ₱17.4b

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

RFM

Market Cap: ₱15.3b

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

Century Properties Group

Market Cap: ₱7.4b

Operates as a real estate company in the Philippines.

Asia United Bank

Market Cap: ₱56.3b

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

Global-Estate Resorts

Market Cap: ₱6.7b

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.

Philippine Stock Exchange

Market Cap: ₱16.7b

Operates as a stock exchange in the Philippines.

Vivant

Market Cap: ₱18.9b

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

Citicore Energy REIT

Market Cap: ₱23.8b

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

East West Banking

Market Cap: ₱26.0b

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: ₱22.2b

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

First Philippine Holdings

Market Cap: ₱30.5b

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

Apex Mining

Market Cap: ₱64.1b

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