Thai Potentially Undervalued Companies

Seafco

Market Cap: ฿1.6b

Engages in the construction of foundation and general public works in Thailand and internationally.

Sivarom Real Estate

Market Cap: ฿265.2m

Engages in the property development business in Thailand.

Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition

Market Cap: ฿2.5b

n/a

Mother Marketing

Market Cap: ฿360.4m

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

Rajthanee Hospital

Market Cap: ฿3.9b

Provides healthcare services in Thailand.

Charan Insurance

Market Cap: ฿168.0m

Provides non-life insurance products in Thailand.

Precise Corporation

Market Cap: ฿3.6b

Engages in the production and distribution of electricity business in Thailand and internationally.

Thai Oil

Market Cap: ฿77.1b

Engages in the oil refining and distributions, petrochemicals, lube base oil, and other businesses in Thailand and internationally.

Praram 9 Hospital

Market Cap: ฿18.4b

Engages in hospital operations primarily in Thailand.

Aikchol Hospital

Market Cap: ฿2.1b

Provides medical and nursing care services under the Aikchol Hospital trademark in Thailand.

Humanica

Market Cap: ฿5.2b

Provides human resource outsourcing and payroll services in Southeast Asia.

Sivarom Real Estate

Market Cap: ฿265.2m

Engages in the property development business in Thailand.

Gunkul Engineering

Market Cap: ฿18.2b

Generates and sells renewable energy in Thailand, Japan, and Vietnam.

Bangkok Dusit Medical Services

Market Cap: ฿329.0b

Operates hospitals in Thailand and internationally.

Smart Concrete

Market Cap: ฿583.3m

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

Applied DB

Market Cap: ฿522.7m

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

Thanasiri Group

Market Cap: ฿269.1m

Develops and sells real estate properties in Thailand.

Minor International

Market Cap: ฿132.7b

Operates as a hospitality, restaurant, and lifestyle company in Thailand, Australia, New Zealand, Europe, the United States, Maldives, the Middle East, and internationally.

SCG Decor

Market Cap: ฿7.9b

Through its subsidiaries, produces and distributes of ceramic tiles, sanitary ware, and other related products and services in Thailand, Vietnam, and internationally.

CPN Commercial Growth Leasehold Property Fund

Market Cap: ฿2.6b

Invests in real estate.

NetEase

Market Cap: ฿751.4b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Forth Corporation

Market Cap: ฿8.1b

Engages in the manufacture and distribution of electronic equipment in Thailand, Netherlands, United States of America, and internationally.

BA Airport Leasehold Real Estate Investment Trust

Market Cap: ฿10.2b

n/a

Maguro Group

Market Cap: ฿2.9b

Owns and operates restaurants in Thailand.

CAZ (Thailand)

Market Cap: ฿629.2m

Engages in the construction business in Thailand.

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.

nForce Secure

Market Cap: ฿1.3b

Engages in the sale of computer hardware and software, all related equipment, and network communication equipment and software in Thailand.

Aqua Corporation

Market Cap: ฿971.1m

Provides real estate and warehouse rental services in Thailand.

Origin Property

Market Cap: ฿6.7b

Engages in property development in Thailand.

SiamEast Solutions

Market Cap: ฿346.5m

Engages in the procurement and distribution of industrial products and services for water, liquids, slurries, and related equipment to industrial factories in Thailand.

Noble Development

Market Cap: ฿2.9b

Develops and sells real estate properties in Thailand.

Asia Sermkij Leasing

Market Cap: ฿6.1b

Engages in the provision of auto hire purchase services in Thailand.

Frasers Property (Thailand)

Market Cap: ฿15.4b

Primarily develops industrial real estate properties in Thailand.

Erawan Group

Market Cap: ฿13.1b

Engages in hotel, and building rental and management businesses primarily in Thailand, Japan, and Philippines.

Pilatus Marine

Market Cap: ฿595.2m

Provides sea and land transportation services for liquefied petroleum gas and petrochemical products in Thailand and internationally.

Dynasty Ceramic

Market Cap: ฿12.6b

Engages in the manufacture and sale of ceramic wall and floor tiles in Thailand and internationally.