Thai Potentially Undervalued Companies

Scan Inter

Market Cap: ฿667.5m

Primarily engages in trading natural gas through natural gas vehicle (NGV) service stations in Thailand.

Panjawattana Plastic

Market Cap: ฿1.2b

Manufactures and distributes plastic packaging and industrial plastic parts in Thailand and internationally.

Sino Logistics Corporation

Market Cap: ฿1.1b

Provides international and domestic freight forwarding and contract logistics services in Thailand and internationally.

Genesis Fertility Center

Market Cap: ฿721.6m

Provides medical service clinics services for infertility treatment in Thailand.

Alpha Divisions

Market Cap: ฿3.4b

Engages in the consultation and property development business in Thailand and internationally.

Mother Marketing

Market Cap: ฿191.6m

Engages in the retail and wholesale business of consumer products in Thailand.

Eason & Co

Market Cap: ฿725.5m

Manufactures and sells industrial and automotive paints primarily in Thailand.

IRPC

Market Cap: ฿28.2b

Engages in petroleum and petrochemical business in Thailand, Singapore, and internationally.

Bank of Ayudhya

Market Cap: ฿215.2b

Provides commercial banking products and services to individuals, corporates, small and medium-sized businesses, and financial institutions.

Premier Enterprise

Market Cap: ฿8.0m

Premier Enterprise Public Company Limited, through its subsidiaries, invests in the insurance brokerage and consultancy business.

Betagro

Market Cap: ฿33.7b

Operates in the agro-industrial and food business in Thailand, Southeast Asia, rest of Asia, and internationally.

Don Muang Tollway

Market Cap: ฿11.9b

Together with its subsidiary, provides elevated toll road service in Thailand.

Siam City Cement

Market Cap: ฿44.3b

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

Asian Sea Corporation

Market Cap: ฿5.8b

Engages in the production and distribution of processed frozen seafood.

Utility Business Alliance

Market Cap: ฿558.0m

Provides technical engineering and other related services in Thailand.

Team Precision

Market Cap: ฿1.5b

Produces and assembles printed circuit and electronics circuit boards in Thailand and internationally.

Dhipaya Group Holdings

Market Cap: ฿12.8b

Through its subsidiaries, provides non-life insurance products in Thailand.

Prime Office Leasehold Property Fund

Market Cap: ฿3.0b

Specializes in real estate investments in the office market.

Yuasa Battery (Thailand)

Market Cap: ฿1.2b

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

Muramoto Electron (Thailand)

Market Cap: ฿4.6b

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.

Siamrajathanee

Market Cap: ฿2.1b

Provides various outsourcing services in Thailand.

Takuni Group

Market Cap: ฿392.0m

Engages in the provision of construction services in Thailand.

Thanachart Capital

Market Cap: ฿52.4b

An investment holding company, offers various financial services in Thailand.

Tycoons Worldwide Group (Thailand)

Market Cap: ฿1.1b

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

Jakpaisan Estate

Market Cap: ฿243.2m

Engages in the real estate development business in Thailand.

Eastern Polymer Group

Market Cap: ฿9.0b

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

T.Man Pharmaceutical

Market Cap: ฿4.8b

Manufactures and sells pharmaceuticals and health care products in Thailand.

Rich Sport

Market Cap: ฿861.9m

Together with its subsidiary, engages in the manufacture and sale of shoes, clothes, caps, and bags in Thailand and internationally.

AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust

Market Cap: ฿570.2m

n/a

Thai Auto Tools and Die

Market Cap: ฿392.0m

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

East Coast Furnitech

Market Cap: ฿356.8m

Engages in the manufacture and sale of self-assembled furniture in Thailand and internationally.

Thai Rung Union Car

Market Cap: ฿2.7b

Engages in the car assembly and modification, and the manufacture and distribution of parts and molds in Thailand.

Civil Engineering

Market Cap: ฿742.0m

Provides construction services in Thailand.

CPL Group

Market Cap: ฿409.1m

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

TSR Living Solution

Market Cap: ฿114.8m

Manufactures and distributes water purifiers and electric appliances.

Lalin Property

Market Cap: ฿4.6b

Engages in the real estate development business in Thailand.