Thai Potentially Undervalued Companies

TMBThanachart Bank

Market Cap: ฿188.4b

Provides various commercial banking products and services to individuals, large-sized and medium-sized business, small-size business, and corporate customers primarily in Thailand.

Bangkok Airways

Market Cap: ฿44.5b

Provides air transportation and airport services.

Central Retail Corporation

Market Cap: ฿167.4b

Operates as a multi-format retailing business in Thailand, Italy, Vietnam, and internationally.

Bless Asset Group

Market Cap: ฿920.0m

Develops and sells land and houses in Thailand.

Intouch Holdings

Market Cap: ฿261.3b

Through its subsidiaries, engages in the telecommunications and other businesses in Thailand.

Asset World Corp

Market Cap: ฿85.1b

Invests in, develops, and manages real estate properties in Thailand.

Autocorp Holding

Market Cap: ฿426.0m

Through its subsidiaries, engages in the distribution of cars and spare parts, and services center dealership in Thailand.

Window Asia

Market Cap: ฿790.3m

Manufactures and sells doors, windows, fences, and construction components in Thailand.

Toyota Motor

Market Cap: ฿37.7t

Designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East.

Terabyte Plus

Market Cap: ฿309.6m

Provides IT solutions in Thailand.

WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust

Market Cap: ฿35.0b

A real estate investment trust externally managed by WHA Real Estate Management Company Limited.

Thonburi Healthcare Group

Market Cap: ฿7.3b

Operates private hospitals in Thailand.

Thai Union Group

Market Cap: ฿47.0b

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

MK Restaurant Group

Market Cap: ฿16.9b

Engages in the sale of food and beverages through restaurants under the MK Restaurants name in Thailand.

Seafco

Market Cap: ฿1.6b

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

Stecon Group

Market Cap: ฿8.4b

Through its subsidiaries, engages in construction contracting, utility and power, logistics and transportation, and other businesses.

Srisawad Capital 1969

Market Cap: ฿8.3b

Provides financial services in Thailand.

Susco

Market Cap: ฿2.9b

Engages in the wholesale and retail of fuel products in Thailand, Cambodia, Myanmar, Laos, and China.

Asefa

Market Cap: ฿1.5b

Manufactures and distributes electrical power distribution, switchboard, and trunking systems in Thailand.

Srisawad Capital 1969

Market Cap: ฿8.3b

Provides financial services in Thailand.

Prakit Holdings

Market Cap: ฿689.1m

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

Patkol

Market Cap: ฿208.3m

Trades in and services various engineering products in Thailand and internationally.

CP ALL

Market Cap: ฿449.2b

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

Jenkongklai

Market Cap: ฿2.1b

Engages in the car parking management business in Thailand.

Malee Group

Market Cap: ฿3.5b

Manufactures and distributes fruit juices, canned fruit, milk and cereal drink, and non-alcohol beverage products in Thailand and internationally.

Ally Freehold And Leasehold Real Estate Investment Trust

Market Cap: ฿4.3b

Bualuang K.E.Retail Leasehold Real Estate Investment Trust specializes in real estate investments.

Trip.com Group

Market Cap: ฿41.6b

Through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally.

Asian Alliance International

Market Cap: ฿11.9b

Produces and sells pet food and ready-to-eat human food products in Thailand, the United States, the United Kingdom, Thailand, the Kingdom of Saudi Arabia, Japan, Italy, Germany, and internationally.

Internet Thailand

Market Cap: ฿2.9b

Provides ICT infrastructure services in Thailand.

Fancy Wood Industries

Market Cap: ฿246.0m

Manufactures and distributes wood furniture and rubber wood products in Thailand and internationally.

Yong Concrete

Market Cap: ฿612.0m

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

S Hotels and Resorts

Market Cap: ฿7.1b

Engages in the investment and hospitality businesses.

BPS Technology

Market Cap: ฿212.0m

Engages in the distribution of electrical connectivity equipment, technology related products, and solar cell products 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.

Pato Chemical Industry

Market Cap: ฿1.1b

Engages in formulating and distributing of pesticides in Thailand.

Thai Textile Industry

Market Cap: ฿1.3b

Engages in the manufacturing, service render and distributing yarns, apparel, and fabrics in Thailand and internationally.