Thai Materials Potentially Undervalued Companies

Eason & Co

Market Cap: ฿725.5m

Manufactures and sells industrial and automotive paints primarily in Thailand.

Eastern Polymer Group

Market Cap: ฿9.4b

Through its subsidiaries, engages in the manufacture and distribution of rubber insulation, automotive, and plastic packing products in Thailand and internationally.

Stone One

Market Cap: ฿393.1m

Produces and distributes industrial stone products in Thailand.

Crown Seal

Market Cap: ฿2.4b

Manufactures and sells caps for bottles in Thailand.

PM Thoresen Asia Holdings

Market Cap: ฿1.0b

An investment holding company, manufactures and sells fertilizers and agrochemical products in Vietnam.

Tycoons Worldwide Group (Thailand)

Market Cap: ฿1.0b

Manufactures and distributes steel wire rods, steel annealing wires, reinforced concrete bars, screws, and wire products in Thailand.

Siam City Cement

Market Cap: ฿44.4b

Manufactures, imports, exports, and sells cement and cement related products in Thailand, Vietnam, Sri Lanka, Singapore, Australia, Cambodia, Bangladesh, Indonesia, India, Dubai, and internationally.

Sahakol Equipment

Market Cap: ฿563.1m

A mining construction company, provides overburden and coal removal services in Thailand and Lao People’s Democratic Republic.

Sanko Diecasting (Thailand)

Market Cap: ฿288.2m

Manufactures and distributes aluminum parts and molds in Thailand.

TPBI

Market Cap: ฿1.3b

Manufactures and distributes plastic bags and other packaging products in Thailand, Australia, the United Kingdom, the United States, Japan, New Zealand, and internationally.

Siam Steel Service Center

Market Cap: ฿1.3b

Engages in manufacturing and selling steel accessories in Thailand, China, Vietnam, Cambodia, Myanmar, and Japan.

Sahakol Equipment

Market Cap: ฿563.1m

A mining construction company, provides overburden and coal removal services in Thailand and Lao People’s Democratic Republic.

World Flex

Market Cap: ฿399.2m

Manufactures and sells latex thread products in Thailand.

World Flex

Market Cap: ฿399.2m

Manufactures and sells latex thread products in Thailand.

Tycoons Worldwide Group (Thailand)

Market Cap: ฿1.0b

Manufactures and distributes steel wire rods, steel annealing wires, reinforced concrete bars, screws, and wire products in Thailand.

Sirakorn

Market Cap: ฿276.0m

Engages in the manufacture and distribution of concrete products in Thailand.

Hoa Phat Group

Market Cap: ฿221.1t

Produces and sells steel products in Vietnam.

Southern Concrete Pile

Market Cap: ฿2.2b

Manufactures, sells, installs, and services prestressed concrete products in Thailand.

Thai Rubber Latex Group

Market Cap: ฿637.9m

Produces and distributes concentrated latex and other latex products in Thailand, the People's Republic of China, Hong Kong, Pakistan, Malaysia, the Republic of Korea, and internationally.

Sahamitr Pressure Container

Market Cap: ฿4.8b

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

Eastern Polymer Group

Market Cap: ฿9.4b

Through its subsidiaries, engages in the manufacture and distribution of rubber insulation, automotive, and plastic packing products in Thailand and internationally.

Thai O.P.P

Market Cap: ฿816.0m

Manufactures and distributes plastic films, stickers, laminate tubes, and packaging products in Thailand.

TPBI

Market Cap: ฿1.3b

Manufactures and distributes plastic bags and other packaging products in Thailand, Australia, the United Kingdom, the United States, Japan, New Zealand, and internationally.

Siam City Cement

Market Cap: ฿44.4b

Manufactures, imports, exports, and sells cement and cement related products in Thailand, Vietnam, Sri Lanka, Singapore, Australia, Cambodia, Bangladesh, Indonesia, India, Dubai, and internationally.

Delta Paint

Market Cap: ฿246.1m

Engages in the production and distribution of paints and chemicals in Thailand and Cambodia.

Thai Nam Plastic

Market Cap: ฿299.9m

Manufactures and distributes semi-finished plastic products, synthetic leathers, and films/sheets in Thailand and internationally.

Thai Rubber Latex Group

Market Cap: ฿637.9m

Produces and distributes concentrated latex and other latex products in Thailand, the People's Republic of China, Hong Kong, Pakistan, Malaysia, the Republic of Korea, and internationally.

Sahamitr Pressure Container

Market Cap: ฿4.8b

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

United Paper

Market Cap: ฿5.0b

Engages in the production and distribution of box surface paper and Kraft paper for packaging corrugated boxes in Thailand.

Tipco Asphalt

Market Cap: ฿23.4b

Engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally.

Applied DB

Market Cap: ฿530.0m

Manufactures and distributes plastic compounds in Thailand, India, and internationally.

Prodigy

Market Cap: ฿819.7m

Engages in the manufacture and distribution of packaging products in Thailand.

Global Green Chemicals

Market Cap: ฿3.9b

Engages in the production, distribution, and transportation of oleochemicals products in Thailand, the People’s Republic of China, India, Korea, and internationally.

Smart Concrete

Market Cap: ฿562.4m

Engages in manufacturing and selling autoclaved aerated concrete block products for use in construction in Thailand.

Global Green Chemicals

Market Cap: ฿3.9b

Engages in the production, distribution, and transportation of oleochemicals products in Thailand, the People’s Republic of China, India, Korea, and internationally.

S. Pack & Print

Market Cap: ฿420.0m

Together with its subsidiary Sahakij Packaging Co., Ltd., operates an offset printing business in Thailand.