Thai Automobiles Low Leverage High Rewards

Thai Steel Cable

Market Cap: ฿3.7b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Hwa Fong Rubber (Thailand)

Market Cap: ฿2.9b

Manufactures and distributes tires and tubes for bicycles, motorcycles, and small logistics vehicles in Thailand, the rest of Asia, Europe, America, and internationally.

P.C.S. Machine Group Holding

Market Cap: ฿4.5b

Manufactures and distributes automotive parts for original equipment manufacturers (OEMs) of the automotive industry in Asia, Europe, and internationally.

Yuasa Battery (Thailand)

Market Cap: ฿1.6b

Engages in the manufacture and distribution of batteries for automobiles and motorcycles in Thailand.

Thai Rung Union Car

Market Cap: ฿2.6b

Engages in the car assembly and modification, and the manufacture and distribution of parts and molds in Thailand.

Thai Stanley Electric

Market Cap: ฿15.1b

Manufactures and sells automotive bulbs, lighting equipment, molds and dies, and product designs in Thailand and internationally.