คลิกเพื่ออ่านบทความฉบับภาษาไทย
In May 2026, we released our Top 50 Uncovered Thai Stocks as of the 1Q26 financial results. The dream outcome of Uncovered Thai Stocks is to find hidden gems in the Thai stock market that can multiply in value.
The 10 BEST performers in May 2026
ND Rubber PCL (NDR) ranked 30th and is very good at generating consistently positive operating cash flow. ND Rubber Public Company Limited is a manufacturer based in Chonburi, specializing in motorcycle components.
JD Food PCL (JDF) ranked 21st and is very good at generating consistently positive operating cash flow. JDF is a specialist in the research and development of food seasoning and food ingredients.
Roctec Global PCL (ROCTEC) ranked 48th and is very good at generating consistently positive operating cash flow. ROCTEC is a specialized technology solutions provider focused on ICT and digital infrastructure.
SPVI PCL (SPVI) ranked 15th, and its competitive strategy appears excellent based on the gross profit margin. SPVI is a leading Apple-authorized reseller in Thailand, operating under various store formats including iStudio, U-Store, and iCenter.
TKS Technologies PCL (TKS) ranked 45th and is very good at generating consistently positive operating cash flow. TKS has evolved from a traditional security-printing company into a diversified tech-ecosystem builder.
2S Metal PCL (2S) ranked 35th and is very good at generating consistently positive operating cash flow. 2S is a leading manufacturer and distributor of steel products in Thailand.
Better World Green PCL (BWG) ranked 31st, and the tightness of the operation is very good based on the cash conversion cycle. BWG is a major player in Thailand’s environmental services industry. The company provides integrated waste management solutions for industrial clients.
K&K Superstore Southern PCL (KK) ranked 34th and is very good at generating consistently positive operating cash flow. KK operates a chain of consumer goods stores under the name “K&K Superstore.”
Vintcom Technology PCL (VCOM) ranked 25th and is very good at generating consistently positive operating cash flow. VCOM is a specialized distributor of enterprise IT solutions and a provider of managed security services.
MBK PCL (MBK) ranked 19th, and the tightness of the operation is very good based on the cash conversion cycle. MBK operates as a diversified conglomerate with a strong foundation in shopping center management.
The 10 WORST performers in May 2026
Practical Solution PCL (TPS) ranked 16th and has delivered strong sales growth, which is essential for long-term value creation. TPS is an information and communication technology system integrator in Thailand.
Premier Technology PCL (PT) ranked 41st, and looking at the balance sheet, the company has very good access to capital to fund growth. PT is an IT investment holding company that operates primarily through its subsidiary, Datapro Computer Systems (DCS).
Readyplanet PCL (READY) ranked 36th, and looking at the balance sheet, the company has very good access to capital to fund growth. READY is a pioneering Thai technology company providing an All-in-One Sales and Marketing Platform.
Primo Service Solutions PCL (PRI) ranked 6th and has delivered strong sales growth, which is essential for long-term value creation. PRI is a leading “One-Stop Service” provider in the Thai real estate industry, operating as a subsidiary of Origin Property.
Samart Telcoms PCL (SAMTEL) ranked 5th, and Earnings quality is very high based on our analysis of net income relative to operating cash flow. SAMTEL is a core subsidiary of the Samart Group, specializing in comprehensive ICT solutions.
Patrangsit Healthcare Group PCL (PHG) ranked 43rd, and looking at the balance sheet, the company has very good access to capital to fund growth. PHG is a leading private healthcare provider located in the strategic northern gateway of Bangkok, specifically in the Pathum Thani province.
Nonthavej Hospital PCL (NTV) ranked 26th and is very good at generating consistently positive operating cash flow. NTV operates a full-service private hospital in Nonthaburi province, near Bangkok.
KT Medical Service Co Ltd (KTMS) ranked 8th and has delivered strong sales growth, which is essential for long-term value creation. KTMS is a specialized healthcare service provider primarily focused on hemodialysis operations.
Index International Group PCL (IND) ranked 38th and has delivered strong sales growth, which is essential for long-term value creation. IND operates as a specialized engineering consultancy and construction-management firm.
Ubon Bio Ethanol PCL (UBE) ranked 44th, and its Earnings quality is very high based on our analysis of net income relative to operating cash flow. UBE is a leading Thai producer of ethanol and cassava-based products, operating a large-scale integrated production facility in Ubon Ratchathani.
The 10 BEST performers - Top 50 as of 4Q25 financial results
The 10 WORST performers - Top 50 as of 4Q25 financial results
This is not investment advice or recommendations. Please refer to our full disclaimer.