คลิกเพื่ออ่านบทความฉบับภาษาไทย
It’s time to reveal the Top 50 Uncovered Thai Stocks as of 4Q25 financial results 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 4Q25 financial results
The latest financial data we use for this quarter’s Top 50 is as of 4Q25. Click on the company names below to read the full reports on Settrade. Our reports are also available on leading global institutional research platforms like FactSet, Bloomberg, LSEG, and Smartkarma.
Companies that are no longer in the Top 50
Below is a list of the companies that were in the Top 50 Uncovered Thai Stocks – December 2025, but didn’t make it into the current Top 50. There are three reasons why a stock doesn’t make it into the Top 50.
The first and most obvious reason is that the stock no longer ranks in the Top 50. The second reason is that the stock is no longer uncovered, i.e., analysts are covering the stock. The final reason is that the stock doesn’t meet the criteria for inclusion in the universe (see more below), for example, it doesn’t meet the minimum liquidity requirement.
About the Uncovered Thai Stocks universe
The Uncovered Thai Stocks universe consists of about 250 stocks. 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 stocks in the universe is US$5.0 million (m) (Bt164m), and the highest is US$1.9 billion (bn) (Bt62,426m), with a median of US$49m (Bt1,585m). 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 (Bt163K), and the highest is US$3.6m (Bt117m), with a median of US$20,000 (Bt652K).
The lowest market capitalization of the Top 50 Uncovered Thai Stocks is US$6.2m (Bt202m), and the highest is US$1.9bn (Bt62,426m), with a median of US$59m (Bt1,938m). The lowest trading volume in the Top 50 is in line with our minimum requirement of US$5,000 (Bt163K), and the highest is US$1.2m (Bt39m), with a median of US$20,000 (Bt652K).
FVMR overview of the Top 50 Uncovered Thai Stocks as of 4Q25
