The Top 50 Uncovered Thai Stocks – December 2025

The dream outcome of Uncovered Thai Stocks is to find hidden gems in the Thai stock market that can multiply in value.

คลิกเพื่ออ่านบทความฉบับภาษาไทย

It’s finally time to reveal the Top 50 Uncovered Thai Stocks based on the A. Stotz Investment Research Stock Picking Checklist and our proprietary FVMR framework. We also analyze each company’s financial performance relative to global peers of similar size using our World Class Benchmarking scorecard.

The dream outcome of Uncovered Thai Stocks is to find hidden gems in the Thai stock market that can multiply in value. Our objective is to provide you with unbiased, data-driven insights that serve as a preliminary resource. These reports are intended as a starting point for further research and are not recommendations or investment advice (click here for the full disclaimer).

The Top 50 Uncovered Thai Stocks as of 3Q25 financial results

The latest financial data we use for this quarter’s Top 50 is as of 3Q25. Click on the company names below to read the full reports on Settrade. Our reports are also available on leading global institutional research platforms.

1. Floyd PCL (FLOYD)

2. Platinum Group PCL (PLAT)

3. Itthirit Nice Corporation PCL (ITTHI)

4. Chow Steel Industries PCL (CHOW)

5. Syntec Construction PCL (SYNTEC)

6. Dusit Thani PCL (DUSIT)

7. BBGI PCL (BBGI)

8. Primo Service Solutions PCL (PRI)

9. Ditto (Thailand) PCL (DITTO)

10. Earth Tech Environment PCL (ETC)

11. Symphony Communication PCL (SYMC)

12. KT Medical Service Co Ltd (KTMS)

13. Bangkok Aviation Fuel Services PCL (BAFS)

14. Ubon Bio Ethanol PCL (UBE)

15. WP Energy PCL (WP)

16. Wattanapat Hospital Trang PCL (WPH)

17. Christiani & Nielsen Thai PCL (CNT)

18. Sahathai Terminal PCL (PORT)

19. Saha Pathanapibul PCL (SPC)

20. V L Enterprise PCL (VL)

21. Better World Green PCL (BWG)

22. Practical Solution PCL (TPS)

23. JD Food PCL (JDF)

24. Samart Telcoms PCL (SAMTEL)

25. Vintcom Technology PCL (VCOM)

26. MBK PCL (MBK)

27. MFEC PCL (MFEC)

28. Sen X PCL (SENX)

29. Namyong Terminal PCL (NYT)

30. Nonthavej Hospital PCL (NTV)

31. Index International Group PCL (IND)

32. TKS Technologies PCL (TKS)

33. ATP30 PCL (ATP30)

34. AI Energy PCL (AIE)

35. Readyplanet PCL (READY)

36. S&P Syndicate PCL (SNP)

37. Patum Rice Mill and Granary PCL (PRG)

38. Thachang Green Energy PCL (TGE)

39. SPVI PCL (SPVI)

40. Chuwit Farm (2019) PCL (CFARM)

41. DOD Biotech PCL (DOD)

42. Thai President Foods PCL (TFMAMA)

43. Roctec Global PCL (ROCTEC)

44. AMA Marine PCL (AMA)

45. Thai Wah PCL (TWPC)

46. Thoresen Thai Agencies PCL (TTA)

47. Saha-Union PCL (SUC)

48. Advanced Information Technology PCL (AIT)

49. Sikarin PCL (SKR)

50. Nutrition SC PCL (NTSC)

There are 223 stocks in the Uncovered Thai Stocks universe this quarter

This quarter, 223 stocks made it into the universe. Not all uncovered Thai stocks are eligible for inclusion in the universe; we only include non-financial companies that had at least US$5,000 (~Bt161K) in average daily turnover in the past three months. The stock must also fulfill various corporate governance criteria.

The lowest market capitalization of the 223 stocks in the universe is US$5.3 million (m) (Bt172m), and the highest is US$2 billion (bn) (Bt64,226m), with a median of US$47 (Bt1,506m). Regarding trading volume measured as the past three months’ average daily turnover, the lowest in the universe is in line with our minimum requirement of US$5,000 (Bt161K), and the highest is US$2.8m (Bt90m), with a median of US$20,000 (Bt645K).

The lowest market capitalization of the Top 50 Uncovered Thai Stocks is US$11m (Bt350m), and the highest is US$2bn (Bt64,226m), with a median of US$62m (Bt2,009m). The lowest trading volume in the Top 50 is in line with our minimum requirement of US$5,000 (Bt161K), and the highest is US$0.9m (Bt29m), with a median of US$30,000 (~Bt968K).

FVMR overview of the Top 50 Uncovered Thai Stocks as of 3Q25