Thai Potentially Undervalued Companies

Energy Absolute

Market Cap: ฿25.5b

Engages in the manufacture and distribution of crude palm oil, biodiesel, and glycerol products in Thailand.

Platinum Group

Market Cap: ฿3.4b

Engages in the property development business in Thailand.

Utility Business Alliance

Market Cap: ฿558.0m

Provides technical engineering and other related services in Thailand.

Raja Ferry Port

Market Cap: ฿174.7m

Provides ferry services for passenger and transportation in Thailand.

Sahakol Equipment

Market Cap: ฿586.1m

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

Thai Enger Holding

Market Cap: ฿184.0m

Through its subsidiaries, engages in the construction contractor and interior service business in Thailand.

S Prime Growth Leasehold Real Estate Investment Trust

Market Cap: ฿1.6b

Operates as a real estate investment trust in Thailand.

Chiangmai Rimdoi

Market Cap: ฿200.0m

Provides construction and solid waste disposal services in Thailand.

Siam Steel Service Center

Market Cap: ฿1.3b

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

Premier Quality Starch

Market Cap: ฿1.3b

Engages in the industrial factory business of starch, modified starch, and all kinds of processed starch in Thailand.

N.C. Housing

Market Cap: ฿672.5m

Operates as a real estate development company in Thailand.

Business Alignment

Market Cap: ฿2.2b

Sells medical equipment in Thailand.

Mandarin Hotel

Market Cap: ฿613.4m

Engages in the hotel and resort business in Thailand.

Mandarin Hotel

Market Cap: ฿613.4m

Engages in the hotel and resort business in Thailand.

Luxury Real Estate Investment Fund

Market Cap: ฿1.7b

A real estate investment fund.

Southern Concrete Pile

Market Cap: ฿2.2b

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

Thonburi Medical Centre

Market Cap: ฿1.6b

Operates a hospital in Thailand.

Practical Solution

Market Cap: ฿1.4b

Engages in the distribution and installation of computer network systems in Thailand.

Supalai

Market Cap: ฿32.9b

Engages in the property development business in Thailand and Australia.

T.C.J. Asia

Market Cap: ฿295.7m

Engages in the import and distribution of machinery and lifting equipment for construction work in Thailand and internationally.

Mega Lifesciences

Market Cap: ฿26.6b

Manufactures and sells health food supplements, prescription pharmaceutical products, over-the-counter products, herbal products, vitamins, and fast-moving consumer goods in Southeast Asia and Sub-Saharan Africa.

Unique Engineering and Construction

Market Cap: ฿3.6b

Engages in the infrastructure construction and real estate development businesses in Thailand.

Sub Sri Thai

Market Cap: ฿821.3m

Engages in food and beverage, warehouse and wharf, and garment businesses in Thailand 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.

Index Living Mall

Market Cap: ฿7.4b

Engages in the retail and wholesale of furniture, electronic, and home decorative products in Thailand.

Hoa Phat Group

Market Cap: ฿219.9t

Produces and sells steel products in Vietnam.

Thai Polycons

Market Cap: ฿257.7m

Engages as a construction contractor business in Thailand.

Srinanaporn Marketing

Market Cap: ฿7.9b

Engages in the manufacture and distribution of snacks and beverages in Thailand.

Prakit Holdings

Market Cap: ฿665.0m

Engages in the production of media and advertisement in Thailand and internationally.

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.

East Coast Furnitech

Market Cap: ฿356.8m

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

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.

Jenkongklai

Market Cap: ฿1.6b

Provides parking services in Thailand.

Sea Oil

Market Cap: ฿2.0b

Engages in the retail sale of fuel and lubricant oils, and related products in Thailand and internationally.

Grand Prix International

Market Cap: ฿954.0m

Provides space for motor show exhibition and automotive related products marketing and promotion services in Thailand.

Ingress Industrial (Thailand)

Market Cap: ฿448.6m

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