Filipino Undervalued based on future growth

Metropolitan Bank & Trust

Market Cap: ₱285.6b

Provides various commercial and investment banking products and services in the Philippines, rest of Asia, the United States of America, and Europe.

Ayala Land

Market Cap: ₱279.5b

Operates as a property developer in the Philippines.

Ayala

Market Cap: ₱260.9b

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

Globe Telecom

Market Cap: ₱238.1b

Engages in the provision of telecommunications services to individual consumers, corporate, and small and medium enterprise clients in the Philippines.

JG Summit Holdings

Market Cap: ₱157.9b

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.

Aboitiz Equity Ventures

Market Cap: ₱134.4b

Through its subsidiaries, engages in power, banking and financial services, food, infrastructure, land, and data science and artificial intelligence businesses in the Philippines and rest of Asia.

DMCI Holdings

Market Cap: ₱132.0b

Through its subsidiaries, engages in the general construction, coal and nickel mining, power generation, real estate development, water concession, and manufacturing businesses in the Philippines and internationally.

DigiPlus Interactive

Market Cap: ₱119.7b

Through its subsidiaries, operates as a digital entertainment company in the Philippines.

Manila Water Company

Market Cap: ₱104.4b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱92.4b

Converge Information and Communications Technology Solutions, Inc.

Acen

Market Cap: ₱91.0b

Engages in the power generation and trading activities in the Philippines and internationally.

Union Bank of the Philippines

Market Cap: ₱89.5b

Provides commercial banking products and services in the Philippines.

Philippine National Bank

Market Cap: ₱78.7b

Provides various banking and financial products and services.

Robinsons Land

Market Cap: ₱75.0b

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

Apex Mining

Market Cap: ₱58.2b

Engages in exploration and production of metals and minerals in the Philippines.

Security Bank

Market Cap: ₱50.4b

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

Cosco Capital

Market Cap: ₱48.1b

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

Citicore Renewable Energy

Market Cap: ₱46.8b

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

D&L Industries

Market Cap: ₱27.1b

Provides products for food ingredients, oleochemicals for personal and home care use, raw materials for plastic products, and aerosol products in the Philippines and internationally.

East West Banking

Market Cap: ₱25.8b

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

Petron

Market Cap: ₱20.8b

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

Vista Land & Lifescapes

Market Cap: ₱11.4b

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

MacroAsia

Market Cap: ₱8.7b

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

Cebu Landmasters

Market Cap: ₱7.6b

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