Thai Automobiles Potentially Undervalued Companies

Geely Automobile Holdings

Market Cap: ฿202.2b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

AAPICO Hitech

Market Cap: ฿5.4b

Engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal.

Geely Automobile Holdings

Market Cap: ฿202.2b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

AAPICO Hitech

Market Cap: ฿5.4b

Engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal.

Inoue Rubber (Thailand)

Market Cap: ฿2.5b

Engages in the research, development, manufacture, and distribution of motorcycle tires and tubes in Thailand and internationally.

Yuasa Battery (Thailand)

Market Cap: ฿1.6b

Engages in the manufacture and distribution of batteries for automobiles and motorcycles in Thailand.

AAPICO Hitech

Market Cap: ฿8.0b

Engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal.

Thai Auto Tools and Die

Market Cap: ฿404.0m

Engages in the design, manufacture, and distribution of automotive parts in Thailand.

Somboon Advance Technology

Market Cap: ฿7.0b

Engages in the manufacturing and sale of automotive parts for pickup and trucks, passenger cars, and agricultural machinery in Thailand.

Ingress Industrial (Thailand)

Market Cap: ฿130.2m

An investment holding company, manufactures and distributes automotive components in Thailand, Malaysia, Indonesia, and India.

Thai Auto Tools and Die

Market Cap: ฿404.0m

Engages in the design, manufacture, and distribution of automotive parts in Thailand.

Yuasa Battery (Thailand)

Market Cap: ฿1.6b

Engages in the manufacture and distribution of batteries for automobiles and motorcycles in Thailand.

Honda Motor

Market Cap: ฿6.8t

Engages in the development, manufacturing, and distribution of motorcycles, automobiles, and power products in Japan, North America, Europe, Asia, and internationally.

Inoue Rubber (Thailand)

Market Cap: ฿2.5b

Engages in the research, development, manufacture, and distribution of motorcycle tires and tubes in Thailand and internationally.

Ingress Industrial (Thailand)

Market Cap: ฿130.2m

An investment holding company, manufactures and distributes automotive components in Thailand, Malaysia, Indonesia, and India.

Somboon Advance Technology

Market Cap: ฿7.0b

Engages in the manufacturing and sale of automotive parts for pickup and trucks, passenger cars, and agricultural machinery in Thailand.

BYD

Market Cap: ฿913.0b

Engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally.

N.D. Rubber

Market Cap: ฿804.1m

Manufactures and distributes motorcycle tires and tubes in Thailand and internationally.

Hwa Fong Rubber (Thailand)

Market Cap: ฿2.7b

Manufactures and distributes tires and tubes for bicycles, motorcycles, and small logistics vehicles in Thailand, the rest of Asia, Europe, America, and internationally.

BYD

Market Cap: ฿913.0b

Engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally.

North East Rubber

Market Cap: ฿8.4b

Manufactures and sells rubber products in Thailand.

President Automobile Industries

Market Cap: ฿1.5b

Manufactures and distributes automotive air conditioning components in the Middle East, Thailand, Southeast Asia, North America, South Asia, South America, Europe, Australia, and internationally.

North East Rubber

Market Cap: ฿8.4b

Manufactures and sells rubber products in Thailand.

P.C.S. Machine Group Holding

Market Cap: ฿4.4b

Manufactures and distributes automotive parts for original equipment manufacturers (OEMs) of the automotive industry in Asia, Europe, and internationally.

Hwa Fong Rubber (Thailand)

Market Cap: ฿2.7b

Manufactures and distributes tires and tubes for bicycles, motorcycles, and small logistics vehicles in Thailand, the rest of Asia, Europe, America, and internationally.

P.C.S. Machine Group Holding

Market Cap: ฿4.4b

Manufactures and distributes automotive parts for original equipment manufacturers (OEMs) of the automotive industry in Asia, Europe, and internationally.

President Automobile Industries

Market Cap: ฿1.5b

Manufactures and distributes automotive air conditioning components in the Middle East, Thailand, Southeast Asia, North America, South Asia, South America, Europe, Australia, and internationally.

N.D. Rubber

Market Cap: ฿804.1m

Manufactures and distributes motorcycle tires and tubes in Thailand and internationally.

Guangzhou Automobile Group

Market Cap: ฿42.8b

Research, develops, manufactures, and sells vehicles and motorcycles, and parts and components in Mainland China and internationally.

Sri Trang Agro-Industry

Market Cap: ฿32.1b

Manufactures and distributes natural rubber products in Thailand, China, the United States, Japan, Korea, India, Germany, and internationally.

Thai Stanley Electric

Market Cap: ฿17.8b

Manufactures and sells automotive bulbs, lighting equipment, molds and dies, and product designs in Thailand and internationally.

Sri Trang Agro-Industry

Market Cap: ฿32.1b

Manufactures and distributes natural rubber products in Thailand, China, the United States, Japan, Korea, India, Germany, and internationally.

Thai Stanley Electric

Market Cap: ฿17.8b

Manufactures and sells automotive bulbs, lighting equipment, molds and dies, and product designs in Thailand and internationally.

Toyota Motor

Market Cap: ฿37.1t

Designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, the Middle East, and internationally.