Thai Potentially Undervalued Companies

Ingress Industrial (Thailand)

Market Cap: ฿448.6m

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

Salee Printing

Market Cap: ฿504.0m

Provides label printing services in Thailand and Myanmar.

Thai Mui Corporation

Market Cap: ฿129.2m

Engages in the distribution of wire rope products and lifting equipment in Thailand.

Scan Inter

Market Cap: ฿667.5m

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

Applicad

Market Cap: ฿627.2m

Engages in the sale of computer programs in Thailand and Indonesia.

Raja Ferry Port

Market Cap: ฿174.7m

Provides ferry services for passenger and transportation in Thailand.

OHTL

Market Cap: ฿5.3b

Operates hotels and restaurants in Thailand.

Asia Green Energy

Market Cap: ฿3.0b

Engages in the distribution of coal for industrial use in Thailand and internationally.

Porn Prom Metal

Market Cap: ฿789.1m

Distributes metal products in Thailand.

Namyong Terminal

Market Cap: ฿3.8b

Engages in the provision of port, carriage, and handling of goods and warehouse services in Thailand.

Asian Sea Corporation

Market Cap: ฿7.4b

Engages in the production and distribution of processed frozen seafood.

Thai Union Group

Market Cap: ฿47.8b

Manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally.

CIMB Thai Bank

Market Cap: ฿12.9b

Provides various banking and financial products and services to individuals and commercial customers in Thailand.

E for L Aim

Market Cap: ฿759.7m

Engages in the distribution of medical devices and equipment in Thailand.

TTCL

Market Cap: ฿474.3m

Designs, procures, and constructs integrated industrial factories in Thailand and internationally.

Alibaba Group Holding

Market Cap: ฿366.7b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

Buriram Sugar

Market Cap: ฿3.3b

Engages in the manufacture and distribution of sugar and molasses in Thailand and internationally.

Tong Hua Holding

Market Cap: ฿569.1m

Through its subsidiaries, produces and distributes newspapers in Thailand.

TPC Power Holding

Market Cap: ฿1.1b

Generates and distributes electricity in Thailand.

Asian Palm Oil

Market Cap: ฿608.6m

Produces and sells crude palm oil by purchasing palm fruit from local farmers in Thailand.

CP ALL

Market Cap: ฿413.1b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Grande Hospitality Real Estate Investment Trust

Market Cap: ฿874.0m

n/a

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.

AKS Corporation

Market Cap: ฿122.2m

Develops and sells properties in Thailand.

Chaoprayamahanakorn

Market Cap: ฿617.2m

Engages in the development and sale of real estate properties in Thailand.

Practical Solution

Market Cap: ฿1.4b

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

Syntec Construction

Market Cap: ฿3.1b

Provides construction and real estate development 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.

Siamrajathanee

Market Cap: ฿2.1b

Provides various outsourcing services in Thailand.

Thai Polycons

Market Cap: ฿257.7m

Engages as a construction contractor business in Thailand.

Thai Nam Plastic

Market Cap: ฿306.7m

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

Tong Hua Holding

Market Cap: ฿569.1m

Through its subsidiaries, produces and distributes newspapers in Thailand.

Metro Systems Corporation

Market Cap: ฿2.8b

Engages in trading computer and equipment, software, supplies, and office equipment, as well as the provision of related services in Thailand.

Phatra Leasing

Market Cap: ฿781.4m

Provides leasing services to corporate enterprises in Thailand.

General Environmental Conservation

Market Cap: ฿299.4m

Engages in the treatment of industrial waste and unavoidable by-products of manufacturing processes in Thailand.

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.