Filipino Undervalued based on future growth

Ayala

Market Cap: ₱355.7b

Engages in the real estate and hotel businesses in the Philippines, Europe, Asia, and the United States.

Aboitiz Power

Market Cap: ₱273.8b

Through its subsidiaries, engages in the power generation and distribution, and electricity retail businesses in the Philippines.

JG Summit Holdings

Market Cap: ₱143.2b

Engages in the consumer foods, agro-industrial and commodity food products, real estate and hotels, banking and financial services, telecommunications, petrochemicals, air transportation, and power generation and distribution businesses.

Union Bank of the Philippines

Market Cap: ₱109.4b

Provides commercial banking products and services in the Philippines.

Manila Water Company

Market Cap: ₱101.3b

Provides water treatment and distribution, sewerage, and sanitation services in the Philippines, Indonesia, Vietnam, Thailand, and the Kingdom of Saudi Arabia.

Philippine National Bank

Market Cap: ₱76.0b

Provides various banking and financial products and services.

First Gen

Market Cap: ₱64.1b

Through its subsidiaries, engages in the power generation business in Philippines.

Robinsons Land

Market Cap: ₱62.5b

Acquires, develops, operates, leases, disposes, and sells real estate properties in the Philippines.

Megaworld

Market Cap: ₱58.6b

Engages in the development, sale, and leasing of real estate properties in the Philippines.

Cosco Capital

Market Cap: ₱49.3b

Engages in retail, real estate, liquor distribution, oil and mineral exploration, and other specialty retail businesses in the Philippines.

Security Bank

Market Cap: ₱49.0b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Philex Mining

Market Cap: ₱37.6b

Engages in the exploration, development, and utilization of mineral resources in the Philippines.

Citicore Renewable Energy

Market Cap: ₱34.5b

Operates as a renewable energy developer through solar, run-of-river hydro, and wind energy platforms in Philippines.

East West Banking

Market Cap: ₱23.2b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

Cebu Air

Market Cap: ₱21.4b

An airline company, provides international and domestic air transportation services.

Petron

Market Cap: ₱21.2b

Operates as an oil refining and marketing company in the Philippines.

Vista Land & Lifescapes

Market Cap: ₱20.3b

An investment holding company, operates as an integrated property developer and homebuilder in the Philippines.

GMA Network

Market Cap: ₱17.4b

Engages in radio and television broadcasting businesses in the Philippines and internationally.

AyalaLand Logistics Holdings

Market Cap: ₱9.1b

Engages in the real estate business in the Philippines.

Cebu Landmasters

Market Cap: ₱8.7b

Engages in the development, leasing, management, and sale of real estate properties in the Philippines.

MacroAsia

Market Cap: ₱7.4b

Through its subsidiaries, engages in the aviation-support businesses in the Philippines.

AllHome

Market Cap: ₱2.0b

Operates as a home improvement retailer in the Philippines.

Max's Group

Market Cap: ₱1.8b

Max's Group, Inc., together with its subsidiaries, establishes, operates, maintains, and franchises restaurants, coffee shops, refreshments parlors, and cocktail lounges in the Philippines and internationally.