Thai Potentially Undervalued Companies

Millennium Group Corporation (Asia)

Market Cap: ฿4.8b

Engages in the sale and retail of automobiles, yachts, and spare parts primarily in Thailand.

United Paper

Market Cap: ฿4.9b

Engages in the production and distribution of box surface paper and Kraft paper for packaging corrugated boxes in Thailand.

Prakit Holdings

Market Cap: ฿646.8m

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

Supalai

Market Cap: ฿32.5b

Engages in the property development business in Thailand and Australia.

Arrow Syndicate

Market Cap: ฿1.3b

Manufactures and sells various conduits in construction and building, electrical conduits, and PPR pipings for water treatment systems in Thailand.

Techno Medical

Market Cap: ฿298.8m

Engages in trading of medical supplies, tools, and equipment in Thailand.

Toyota Motor

Market Cap: ฿40.1t

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.

T.A.C. Consumer

Market Cap: ฿3.0b

Engages in the manufacture and distribution of beverage in Thailand and internationally.

Alla

Market Cap: ฿690.0m

Together with its subsidiary, Onvalla Company Limited, imports, manufactures, and distributes cranes, electric hoists, industrial doors, loading docks, electronic lifts, PVC strip curtains, and warehouse management systems in Thailand.

Window Asia

Market Cap: ฿657.1m

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

International Network System

Market Cap: ฿317.7m

Engages in the design, installation, leasing, sale, repair, and maintenance of equipment used in information technology, communication, electrical system, and solar cell business in Thailand.

Salee Colour

Market Cap: ฿600.7m

Engages in the manufacture and sales of pigment pellets and powders, fabricated plastic, masterbatch and compound, and distribution of solar energy system and parts in Thailand and internationally.