Thai Strong Past Earnings Growth, P/E Ratio Below 20

CP ALL

Market Cap: ฿393.1b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Carabao Group

Market Cap: ฿51.3b

Through its subsidiaries, manufactures, markets, distributes, and sells beverages in Thailand and internationally.

Kiatnakin Phatra Bank

Market Cap: ฿49.3b

Engages in the provision of various banking products and services for commercial and public customers in Thailand.

CPN Retail Growth Leasehold REIT

Market Cap: ฿39.5b

CPN Retail Growth Leasehold REIT (“CPNREIT”) was established on 1 December 2017 from the conversion from CPN Retail Growth Leasehold Property Fund (“CPNRF”).

Thai Credit Bank

Market Cap: ฿20.6b

Provides financial services to micro, small, and medium-sized enterprises in Thailand.

LH Financial Group

Market Cap: ฿16.5b

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

SISB

Market Cap: ฿13.8b

Provides educational services in Thailand.

GFPT

Market Cap: ฿12.2b

Produces and distributes frozen and cooked chicken products in Thailand and internationally.

LH Hotel Leasehold Real Estate Investment Trust

Market Cap: ฿12.1b

Operates as a real estate investment trust in Thailand.

Univanich Palm Oil

Market Cap: ฿9.6b

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

Rojana Industrial Park

Market Cap: ฿9.5b

Engages in the manufacture and sale of electricity from solar cell system in Thailand.

Ditto (Thailand)

Market Cap: ฿9.2b

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

NSL Foods

Market Cap: ฿8.9b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Saha-Union

Market Cap: ฿8.5b

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

Samart Aviation Solutions

Market Cap: ฿7.8b

An investment holding company, provides air traffic control services in Cambodia, Laos, and Thailand.

AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust

Market Cap: ฿7.6b

Focuses on investing in freehold right of land, cold storage buildings, and immovable assets related to cold storage and warehouses in Thailand.

P.S.P. Specialties

Market Cap: ฿7.0b

Manufactures and sells lubricant and grease oils in Thailand and internationally.

Premier Marketing

Market Cap: ฿6.6b

Premier Marketing Public Company Limited markets, promotes, and distributes snack foods and consumer products in Thailand, Cambodia, Laos, Myanmar, Vietnam, China, South Korea, Australia, the United State, the United Kingdom, and internationally.

PRG Corporation

Market Cap: ฿5.9b

Engages in the production, improvement, packaging, and distribution of rice under the Mah Boonkrong Rice brand in Thailand, the United States, Canada, Europe, the Asia Pacific, and internationally.

Roctec Global

Market Cap: ฿5.5b

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

After You

Market Cap: ฿5.0b

Operates food and beverage outlets in Thailand.

Future City Leasehold Real Estate Investment Trust

Market Cap: ฿4.8b

Future Park Leasehold Property Fund specializes in real estate investments.

Netbay

Market Cap: ฿4.7b

Engages in the provision of Software as a Service (SaaS) for online electronic transactions between business-to-government, business-to-business, and business-to-consumer groups in Thailand.

KCG Corporation

Market Cap: ฿4.5b

Manufactures, sells, and imports food and bakery products in Thailand and internationally.

OHTL

Market Cap: ฿4.2b

Operates hotels and restaurants in Thailand.

Bluebik Group

Market Cap: ฿4.1b

Provides strategic and digital technology consulting services in Thailand and Vietnam.

Ally Freehold And Leasehold Real Estate Investment Trust

Market Cap: ฿3.9b

Bualuang K.E.Retail Leasehold Real Estate Investment Trust specializes in real estate investments.

Advice IT Infinite

Market Cap: ฿3.4b

Engages in the retail and wholesale of IT products, mobile phones and accessories in Thailand.

MFC Asset Management

Market Cap: ฿3.2b

A publicly owned investment manager.

Precise Corporation

Market Cap: ฿3.2b

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

Syntec Construction

Market Cap: ฿2.8b

Provides construction and real estate development services in Thailand.

Asian Insulators

Market Cap: ฿2.4b

Manufactures and distributes porcelain insulators products for electricity distribution and transmission in Thailand.

Chayo Group

Market Cap: ฿2.4b

Invests in and manages non-performing assets.

TEAM Consulting Engineering and Management

Market Cap: ฿2.3b

Provides integrated engineering, environment, and management consultancy services in Thailand and internationally.

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust

Market Cap: ฿2.2b

A real estate investment trust externally managed by Amata Summit REIT Management Co., Ltd.

Starflex

Market Cap: ฿2.2b

Manufactures, trades in, and distributes flexible packaging products in Thailand.