Filipino Potentially Undervalued Companies

Ayala

Market Cap: ₱249.3b

Engages in the real estate and hotel businesses in the Philippines, Europe, Asia, and the United States.

Integrated Micro-Electronics

Market Cap: ₱5.7b

Provides electronics manufacturing services, and power semiconductor assembly and test services in the Philippines, China, Germany, Mexico, the United Kingdom, the United States, Japan, Singapore, and rest of Europe.

Ionics

Market Cap: ₱837.1m

Provides electronic manufacturing services in Asia, Europe, and North America.

AllDay Marts

Market Cap: ₱777.1m

Operates a chain of supermarkets in the Philippines.

iPeople

Market Cap: ₱6.1b

Engages in the education sector in the Philippines.

RL Commercial REIT

Market Cap: ₱146.6b

A real estate company, invests in various real estate properties.

Benguet

Market Cap: ₱3.5b

Engages in the research, development, exploration, and production of gold, nickel, and other metallic and nonmetallic mineral, and natural resource projects in the Philippines.

Robinsons Retail Holdings

Market Cap: ₱45.4b

Operates as a multi-format retail company in the Philippines.

National Reinsurance Corporation of the Philippines

Market Cap: ₱1.3b

Provides life and non-life reinsurance to insurance companies in the Philippines and neighboring insurance markets.

China Banking

Market Cap: ₱132.1b

Provides various banking and financial products and services to individuals and business in the Philippines.

Premiere Island Power Reit

Market Cap: ₱3.3b

Operates as a commercial real estate investment trust.

Del Monte Pacific

Market Cap: ₱167.2m

An investment holding company, manufactures, processes, markets, and distributes food, beverages, and other related products in the Americas, the Asia Pacific, and Europe.

Maynilad Water Services

Market Cap: ₱111.7b

Offers water supply and wastewater services in the West Zone of the Greater Metro Manila area in the Philippines.

SOCResources

Market Cap: ₱157.8m

Through its subsidiaries, engages in the real estate development business in the Philippines.

STI Education Systems Holdings

Market Cap: ₱13.5b

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

JG Summit Holdings

Market Cap: ₱156.1b

Engages in the consumer foods, agro-industrial and commodity food products, real estate and hotels, banking and financial services, telecommunications, petrochemicals, air transportation, and power generation and distribution businesses.

MREIT

Market Cap: ₱51.5b

Operates as a real estate investment trust.

Benguet

Market Cap: ₱3.5b

Engages in the research, development, exploration, and production of gold, nickel, and other metallic and nonmetallic mineral, and natural resource projects in the Philippines.

Manila Jockey Club

Market Cap: ₱1.9b

Manila Jockey Club, Inc. engages in the construction, operation, and maintenance of a racetrack in Cavite, the Philippines.

Lopez Holdings

Market Cap: ₱14.7b

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

Lepanto Consolidated Mining

Market Cap: ₱11.4b

Engages in the exploration and mining of mineral properties primarily in the Philippines.

Macay Holdings

Market Cap: ₱6.9b

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

Filinvest Development

Market Cap: ₱38.7b

Engages in real estate development in the Philippines.

Harbor Star Shipping Services

Market Cap: ₱438.3m

Provides a range of maritime services in the Philippines.

MacroAsia

Market Cap: ₱8.5b

Through its subsidiaries, engages in the aviation-support businesses in the Philippines.

GMA Network

Market Cap: ₱17.8b

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

LT Group

Market Cap: ₱155.5b

Engages in banking, distilled spirits, beverages, tobacco, property development, and other businesses in the Philippines, rest of Asia, the United States of America, Canada, Other European Union countries, the Middle East, the United Kingdom, and the Oceania.

Alsons Consolidated Resources

Market Cap: ₱2.8b

An investment holding company, engages in the energy and power, property development, and other investment businesses in the Philippines.

Metro Retail Stores Group

Market Cap: ₱3.7b

Engages in the department store, hypermarket, supermarket, and ancillary businesses in the Philippines.

Marcventures Holdings

Market Cap: ₱1.9b

Engages in extracting, mining, smelting, refining, and converting nickel, chromite, copper, gold, manganese, and other ores and metallic and non-metallic resources in the Philippines.

D&L Industries

Market Cap: ₱27.1b

Provides products for food ingredients, oleochemicals for personal and home care use, raw materials for plastic products, and aerosol products in the Philippines and internationally.

Philippine Estates

Market Cap: ₱910.7m

Philippine Estates Corporation, together with its subsidiaries, holds, develops, leases, and sells real estate or other properties for industrial, commercial, residential, leisure, and sports purposes in the Philippines.

Shell Pilipinas

Market Cap: ₱9.7b

Shell Pilipinas Corporation refines and markets petroleum products in the Philippines.

AllHome

Market Cap: ₱1.1b

Operates as a home improvement retailer in the Philippines.

Philippine Business Bank

Market Cap: ₱6.0b

A savings bank, provides banking products and services to individual and corporate clients in the Philippines.

Manila Electric

Market Cap: ₱657.1b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.