Thai Automobiles Potentially Undervalued Small Caps

Goodyear (Thailand)

Market Cap: ฿1.4b

Manufactures, distributes, and sells motor vehicle and aero tires in Thailand and internationally.

Ingress Industrial (Thailand)

Market Cap: ฿144.7m

An investment holding company, manufactures and distributes automotive components in Thailand, Malaysia, Indonesia, and India.

Yuasa Battery (Thailand)

Market Cap: ฿1.6b

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

Thai Auto Tools and Die

Market Cap: ฿396.0m

Engages in the design, manufacture, and distribution of automotive parts in Thailand.