Performance of the Top 50 Uncovered Thai Stocks – July 2026
Uncovered Thai Stocks tracks the July 2026 performance of its Top 50 Uncovered Thai Stocks, as of the 1Q26 financial results.
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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 July 2026
Sky ICT PCL (SKY) ranked 10th and has delivered strong sales growth, which is essential for long-term value creation. SKY specializes in smart security platforms and advanced aviation technology solutions. Want to dig deeper? Our Reading between the lines series compares consecutive MD&As to see what’s changed and what’s worth watching. Read between the lines for SKY.
BBGI PCL (BBGI) ranked 22nd, and its efficiency is very good when looking at the growth in sales relative to the growth in assets. BBGI focuses on the large-scale production of biofuels, specifically ethanol and biodiesel. Read between the lines for BBGI.
Seafresh Industry PCL (CFRESH) ranked 21st, and its earnings quality is very high based on our analysis of net income relative to operating cash flow. CFRESH specializes in the production and distribution of frozen shrimp products and processed seafood.
Beryl 8 Plus PCL (BE8) ranked 9th, and its efficiency is very good when looking at the growth in sales relative to the growth in assets. BE8 specializes in customer relationship management, data analytics, and comprehensive cloud-system integration. Read between the lines for BE8.
Symphony Communication PCL (SYMC) ranked 20th, and the tightness of the operation is very good based on the cash conversion cycle. SYMC provides high-speed terrestrial and submarine fiber-optic network services across Thailand and Southeast Asia. Read between the lines for SYMC.
MBK PCL (MBK) ranked 41st, 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.
Syntec Construction PCL (SYNTEC) ranked 13th, and its efficiency is very good when looking at the growth in sales relative to the growth in assets. SYNTEC is a premier construction company, specializing in high-rise buildings and complex civil engineering. Read between the lines for SYNC.
Nforce Secure PCL (SECURE) ranked 16th. Looking at the balance sheet, the company has very good access to capital to fund growth. SECURE is a leading distributor of cybersecurity products and network-management solutions. Read between the lines for SECURE.
Ditto (Thailand) PCL (DITTO) ranked 6th and has delivered strong sales growth, which is essential for long-term value creation. DITTO is a high-growth technology company specializing in data management and digital transformation solutions. Read between the lines for DITTO.
Eastern Water Resources Development and Management PCL (EASTW) ranked 45th, and the earnings quality is very high based on our analysis of net income relative to operating cash flow. EASTW is a key provider of total water solutions, specializing in raw water distribution and tap water production.
The 10 WORST performers in July 2026
BG Container Glass PCL (BGC) ranked 30th, and earnings quality is very high based on our analysis of net income relative to operating cash flow. BGC is Thailand’s largest manufacturer of glass containers, producing bottles for beer, food, and energy drinks. It is a key subsidiary of the Boon Rawd Brewery group.
Sun Vending Technology PCL (SVT) ranked 17th, and its competitive strategy appears excellent based on the gross profit margin. SVT operates as a leading provider of automated vending machine services in Thailand. Read between the lines for SVT.
Wattanapat Hospital Trang PCL (WPH) ranks 11th and has delivered strong sales growth, which is essential for long-term value creation. WPH is a private healthcare provider in Southern Thailand, with its main facility in Trang province. Read between the lines for WPH.
Itthirit Nice Corporation PCL (ITTHI) ranked 1st and has delivered strong sales growth, which is essential for long-term value creation. ITTHI is a specialized distributor of lighting products and electronic equipment. The company markets its products under the “LIGHTTRIO” brand, which includes a wide range of LED bulbs, smart lighting, and solar-powered streetlights. Read between the lines for ITTHI.
Bound and Beyond PCL (BEYOND) ranked 5th, and its earnings quality is very high based on our analysis of net income relative to operating cash flow. BEYOND has pivoted from the mining industry into the luxury hospitality sector. The company owns two iconic ultra-luxury hotels in Bangkok. Read between the lines for BEYOND.
ND Rubber PCL (NDR) ranked 48th and is very good at generating consistently positive operating cash flow. NDR manufactures and distributes motorcycle tires and tubes. The company serves both the Original Equipment Manufacturer (OEM) and Replacement Equipment Manufacturer (REM) markets.
ALT Telecom PCL (ALT) ranked 31st, and the tightness of the operation is very good based on the cash conversion cycle. ALT operates in Thailand’s telecommunications sector as a neutral infrastructure provider. ALT constructs, rents, and services digital and renewable energy infrastructure, including telecom base stations, fiber-optic cable networks, and submarine cable stations. Read between the lines for ALT.
ATP30 PCL (ATP30) ranked 35th and is very good at generating consistently positive operating cash flow. ATP30 provides employee shuttle transportation services to industrial plants, primarily across Thailand’s Eastern Seaboard, alongside a growing electric vehicle (EV) transportation and EV charging station business. Read between the lines for ATP30.
Better World Green PCL (BWG) ranked 18th, 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. Read between the lines for BWG.
Seafco PCL (SEAFCO) ranked 4th, and its efficiency is very good when looking at the growth in sales relative to the growth in assets. SEAFCO is a foundation contractor in Thailand. The company specializes in bored piling, diaphragm wall construction, and general civil works.
The 10 BEST performers since last revision
The 10 WORST performers since last revision
This is not investment advice or recommendations. Please refer to our full disclaimer





