Ananda Development PCL is a Bangkok-centric condominium and mixed-use developer, historically partnered with listed Japanese names on urban high-rise and transit-adjacent projects, with a still-large inventory and transfer backlog against a leveraged balance sheet. Cash flow is lumpy and rate-sensitive; the share last printed THB 0.32, a tick above Thursday’s 0.31 close but well below the December 2025 print of THB 0.41 and pinned near the THB 0.30 52-week floor, trading at a deep discount to book with no TTM multiple after a thin/loss-making trailing year and no cash dividend since 2020.

Asset World Corp PCL is the listed hospitality and mixed-use property platform of the TCC group, owning and operating hotels, retail and commercial assets across Bangkok and key Thai tourist cities. Earnings mix room and F&B recovery with a still-heavy development pipeline and leverage; the share last printed THB 3.12, up from Thursday’s 3.08 close and just under the THB 3.18 52-week high, on a mid-teens TTM multiple after a sharp rerating from the December 2025 close of THB 2.12.

Thai Credit Bank PCL is a mid-sized commercial bank focused on micro, nano and SME credit plus deposit-taking under a “bank for everyone” franchise, with a high-NIM book and still-elevated NPL ratios versus the large Thai banks. Earnings in 2025 were a record on loan growth and lower ECL; the share last printed THB 22.80, unchanged versus Thursday and well above the December 2025 close of THB 15.50, on a mid-single-digit TTM multiple near book after a 2026 rerating that still leaves the name below the THB 26.25 52-week high.

Jaymart Group Holdings PCL is a Thai consumer-finance and retail holding company spanning mobile/IT distribution, hire-purchase and a listed NPL/collection affiliate (JMT), so group earnings swing with handset demand, JMT collection and mark-to-market on the investment book. The share last printed THB 10.20, a tick above Thursday’s 10.10 close and well above the December 2025 print of THB 6.90, still below the THB 12.80 52-week high; TTM earnings are thin-to-negative at the holding level so the multiple is not meaningful, with an indicated mid-2% yield on book below 1x.

Precious Shipping PCL is a Thai dry-bulk owner-operator with a geared handy/supramax-ultramax fleet on a mix of spot and period charter, so earnings track Baltic dry rates, utilisation and bunker costs. The share last printed THB 10.70, unchanged versus Thursday after a 2026 rerating from the December 2025 close of THB 6.05, sitting just under the THB 11.40 52-week high on a low-teens TTM multiple near book with a mid-3% indicated yield after a firmer charter tape and selected period fixtures.

PTT PCL is Thailand’s integrated national oil and gas group spanning E&P (via PTTEP), gas transmission and LNG, refining and petrochemicals, power and a national retail-fuel network. Cash flow is driven by crude and gas prices, refining cracks and affiliate dividends; the share last printed THB 43.50, up from Thursday’s 43.25 close and sitting at the THB 43.75 52-week high, on a ~10x TTM multiple at about book after a 2026 rerating from the December 2025 close of THB 32.00.

Stecon Group PCL (ex Sino-Thai Engineering) is a large Thai contractor in mass-transit, dual-track rail, power plants and mixed-use civil works, with a thick public-works backlog and a developing data-centre/AI adjacency. Earnings flipped back to profit in 2025 after a 2024 loss year; the share last printed THB 19.40, up from Thursday’s 18.80 close and touching the THB 19.80 52-week high, more than triple the December 2025 close of THB 6.35 on a low-teens TTM multiple after a 2026 infrastructure rerating.

Super Energy Corporation PCL is a Thai independent power producer with a large renewable book (solar, wind, waste-to-energy and related) plus conventional assets, funded by a heavy project-finance debt stack. Cash flow is contracted-tariff and utilisation driven; the share last printed THB 0.13, unchanged versus Thursday and a tick above the December 2025 close of THB 0.11, still a deep discount to book near the THB 0.14 52-week high on a low-single-digit TTM multiple with no cash dividend indicated.

Laundry You PCL operates self-service and full-service laundromats under the WashXpress brand on an owner-operator plus franchise model across Greater Bangkok and provincial cities, listed on mai on 3 November 2025 at an IPO offer of THB 7.50. Earnings are store-count and same-store utilisation driven; the share last printed THB 3.68, a tick above Thursday’s 3.64 close but below the December 2025 print of THB 4.44 and well under both the IPO and the THB 6.70 52-week high, on a low-teens TTM multiple with a high indicated yield after the post-listing derating.

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