Thai Undiscovered Gems With Strong Fundamentals

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Saha-Union

Market Cap: ฿8.3b

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

Thai Steel Cable

Market Cap: ฿3.7b

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

Alucon

Market Cap: ฿9.4b

Engages in producing and distributing aluminum containers primarily in Thailand.

M.C.S. Steel

Market Cap: ฿4.4b

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

Muramoto Electron (Thailand)

Market Cap: ฿5.4b

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.

Patrangsit Healthcare Group

Market Cap: ฿3.8b

Operates hospitals in Thailand.

BKI Holdings

Market Cap: ฿32.3b

Engages in the provision of non-life insurance in Thailand.

Sikarin

Market Cap: ฿14.1b

Operates hospitals in Thailand.

Tata Steel (Thailand)

Market Cap: ฿6.1b

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

Allianz Ayudhya Capital

Market Cap: ฿14.1b

An investment holding company, provides non-life insurance products in Thailand.

Univanich Palm Oil

Market Cap: ฿14.9b

Engages in 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.

Srivichaivejvivat

Market Cap: ฿5.6b

Engages in the hospital business in Thailand.

Advanced Information Technology

Market Cap: ฿7.3b

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

STP&I

Market Cap: ฿7.5b

Engages in the fabrication of steel works, and manufacture and sale of boilers and pressure vessels in Thailand, Australia, the United States, Canada.

Sriracha Construction

Market Cap: ฿4.2b

Engages in the construction, rendering manpower, and maintenance service businesses in Thailand and internationally.

BA Airport Leasehold Real Estate Investment Trust

Market Cap: ฿10.6b

n/a

Namyong Terminal

Market Cap: ฿4.9b

Together with its subsidiary, provides port, carriage, handling of goods, and warehouse services in Thailand.

PRG Corporation

Market Cap: ฿6.6b

Engages in the production, improvement, packaging, and distribution of milled rice in Thailand, the United States, Canada, Europe, the Asia Pacific, and internationally.

Prime Office Leasehold Property Fund

Market Cap: ฿3.3b

Specializes in real estate investments in the office market.

LH Financial Group

Market Cap: ฿21.4b

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

Samart Corporation

Market Cap: ฿5.3b

Engages in the design, installation, and sale of telecommunications systems and equipment in Thailand, Cambodia, and internationally.

Laguna Resorts & Hotels

Market Cap: ฿5.6b

Engages in the hotel and property development businesses in Thailand.

Thanulux

Market Cap: ฿7.2b

An investment holding company, provides financial solutions in Thailand.

MBK

Market Cap: ฿27.1b

Engages in the shopping center, hotel and tourism, golf, real estate, food solution, financial, and auction businesses in Thailand, the United States, Canada, Europe, and the Asia Pacific.

Premier Technology

Market Cap: ฿3.3b

Together with its subsidiary, engages in the information technology business in Thailand.

Roctec Global

Market Cap: ฿4.6b

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

KGI Securities (Thailand)

Market Cap: ฿8.5b

Engages in the securities and derivatives business in Thailand.

Thaitheparos

Market Cap: ฿14.7b

Manufactures and distributes sauces and condiments in Thailand and internationally.

Sahamitr Pressure Container

Market Cap: ฿4.9b

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

CIMB Thai Bank

Market Cap: ฿12.9b

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

Ditto (Thailand)

Market Cap: ฿7.0b

Engages in the distribution and rendering service of data and document management solutions in Thailand.

Thai Metal Drum Manufacturing

Market Cap: ฿3.8b

Manufactures and distributes metal drums and plastic products in Thailand and internationally.

Lam Soon (Thailand)

Market Cap: ฿3.9b

Manufactures and distributes palm oil in Thailand and internationally.

Don Muang Tollway

Market Cap: ฿13.0b

Provides elevated toll road services in Thailand.