October 19, 2023
Snapshot Top 10: Stock Exchange of Thailand Index SET



The Top 10 performing stocks in the Stock Exchange of Thailand Index SET are shown for seven different investment strategies. Whether you are looking for value, growth or dividend stocks, or you want stocks that rank well overall, you can see the top 10 stock picks, together with how they rank on a scale of 1 to 100 from the perspective of different investment strategies. We have also added our newest Sentiment and 360° View ranks, which encapsulate the market voices of analysts and professional investors into a simple ranking for easily evaluating stocks. As an objective research provider, Obermatt has been refining its stock analysis algorithms for more than 10 years (no AI used here!)

Select any stock for the detailed analysis of that stock's performance across the different investment analyses. Please note that the Top 10 stocks focus only on Large to XX-Large companies.


What the six ranks mean

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

Special Analysis: TOP 10 Dividend Investment Strategy

Many people ask for tips about dividend stocks. These are the Top 10 dividend stocks in the Stock Exchange of Thailand Index SET as of October 19, 2023.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Land And Houses (L, TH)  Real Estate Development
1. Land And Houses (L, TH)   Real Estate Development 96 66 20 6
2. Indorama Ventures (XXL, TH)  Commodity Chemicals
2. Indorama Ventures (XXL, TH)   Commodity Chemicals 88 93 10 8
3. PTT Global Chemical (XXL, TH)  Commodity Chemicals
3. PTT Global Chemical (XXL, TH)   Commodity Chemicals 88 91 42 27
4. Ratch Group (L, TH)  Power Producers & Traders
4. Ratch Group (L, TH)   Power Producers & Traders 85 86 77 73
5. Berli Jucker (XL, TH)  Hypermarkets, Super Centers
5. Berli Jucker (XL, TH)   Hypermarkets, Super Centers 80 79 10 31
6. Electricity Generating (L, TH)  Power Producers & Traders
6. Electricity Generating (L, TH)   Power Producers & Traders 79 92 68 65
7. Total Access Communication (L, TH)  Wireless Telecommunication
7. Total Access Communication (L, TH)   Wireless Telecommunication 75 42 8 16
8. PTT (XXL, TH)  Oil & Gas Integrated
8. PTT (XXL, TH)   Oil & Gas Integrated 74 70 48 27
9. Thai Union Group (XL, TH)  Packaged Foods & Meats
9. Thai Union Group (XL, TH)   Packaged Foods & Meats 73 77 31 23
10. Bangkok Dusit Medical Services (L, TH)  Health Care Facilities
10. Bangkok Dusit Medical Services (L, TH)   Health Care Facilities 72 32 17 53

This company has a special achievement which is documented on its stock research page.

October 19, 2023. Top 10s are published weekly following the . ( or for more stocks)


SET Top 10: Obermatt 360° Investment Strategy

TOP 10 Obermatt 360° Investment Strategy 360° Strategy 360° VIEW Value Strategy VALUE Combined Strategy COMBINED Sentiment Strategy SENTIMENT
1. Krung Thai Bank (XXL, TH)   Diversified Banks
1. Krung Thai Bank (XXL, TH)   Diversified Banks 99 75 97 95
2. TMB Bank (XXL, TH)   Diversified Banks
2. TMB Bank (XXL, TH)   Diversified Banks 87 53 93 65
3. Siam Cement (XXL, TH)   Construction Materials
3. Siam Cement (XXL, TH)   Construction Materials 82 57 76 66
4. Bangkok Bank (XXL, TH)   Diversified Banks
4. Bangkok Bank (XXL, TH)   Diversified Banks 79 63 81 77
5. Ratch Group (L, TH)   Power Producers & Traders
5. Ratch Group (L, TH)   Power Producers & Traders 73 86 77 52
6. PTT Oil and Retail (XXL, TH)   Automotive Retail
6. PTT Oil and Retail (XXL, TH)   Automotive Retail 72 49 90 43
7. Electricity Generating (L, TH)   Power Producers & Traders
7. Electricity Generating (L, TH)   Power Producers & Traders 65 92 68 48
8. PTT Exploration & Production (XL, TH)   Oil & Gas Production
8. PTT Exploration & Production (XL, TH)   Oil & Gas Production 64 16 42 86
9. Siam Global House (L, TH)   Home Improvement Retail
9. Siam Global House (L, TH)   Home Improvement Retail 64 25 58 55
10. Advanced Info Service (XL, TH)   Wireless Telecommunication
10. Advanced Info Service (XL, TH)   Wireless Telecommunication 56 18 48 78

October 19, 2023. Top 10s are published weekly following the . ( or for more stocks)


SET Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Bangkok Dusit Medical Services (L, TH)   Health Care Facilities
1. Bangkok Dusit Medical Services (L, TH)   Health Care Facilities 100 32 17 53
2. Krung Thai Bank (XXL, TH)   Diversified Banks
2. Krung Thai Bank (XXL, TH)   Diversified Banks 95 75 97 99
3. PTT Exploration & Production (XL, TH)   Oil & Gas Production
3. PTT Exploration & Production (XL, TH)   Oil & Gas Production 86 16 42 64
4. Home Product Center (L, TH)   Home Improvement Retail
4. Home Product Center (L, TH)   Home Improvement Retail 83 23 24 50
5. Berli Jucker (XL, TH)   Hypermarkets, Super Centers
5. Berli Jucker (XL, TH)   Hypermarkets, Super Centers 83 79 10 31
6. C.P. All (XXL, TH)   Food Retail
6. C.P. All (XXL, TH)   Food Retail 79 23 24 48
7. Advanced Info Service (XL, TH)   Wireless Telecommunication
7. Advanced Info Service (XL, TH)   Wireless Telecommunication 78 18 48 56
8. Bangkok Bank (XXL, TH)   Diversified Banks
8. Bangkok Bank (XXL, TH)   Diversified Banks 77 63 81 79
9. Minor International (L, TH)   Hotels, Resorts & Cruise Lines
9. Minor International (L, TH)   Hotels, Resorts & Cruise Lines 72 62 4 26
10. Central Retail (XL, TH)   Department Stores
10. Central Retail (XL, TH)   Department Stores 71 19 31 37

October 19, 2023. Top 10s are published weekly following the . ( or for more stocks)


SET Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Indorama Ventures (XXL, TH)   Commodity Chemicals
1. Indorama Ventures (XXL, TH)   Commodity Chemicals 93 3 10 8
2. Electricity Generating (L, TH)   Power Producers & Traders
2. Electricity Generating (L, TH)   Power Producers & Traders 92 17 68 65
3. PTT Global Chemical (XXL, TH)   Commodity Chemicals
3. PTT Global Chemical (XXL, TH)   Commodity Chemicals 91 19 42 27
4. Ratch Group (L, TH)   Power Producers & Traders
4. Ratch Group (L, TH)   Power Producers & Traders 86 27 77 73
5. Berli Jucker (XL, TH)   Hypermarkets, Super Centers
5. Berli Jucker (XL, TH)   Hypermarkets, Super Centers 79 7 10 31
6. Thai Union Group (XL, TH)   Packaged Foods & Meats
6. Thai Union Group (XL, TH)   Packaged Foods & Meats 77 3 31 23
7. IRPC (XL, TH)   Oil & Gas Refining
7. IRPC (XL, TH)   Oil & Gas Refining 76 17 16 14
8. Krung Thai Bank (XXL, TH)   Diversified Banks
8. Krung Thai Bank (XXL, TH)   Diversified Banks 75 49 97 99
9. Kasikornbank (XXL, TH)   Diversified Banks
9. Kasikornbank (XXL, TH)   Diversified Banks 73 19 49 27
10. PTT (XXL, TH)   Oil & Gas Integrated
10. PTT (XXL, TH)   Oil & Gas Integrated 70 9 48 27

October 19, 2023. Top 10s are published weekly following the . ( or for more stocks)


SET Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Gulf Energy Development (L, TH)   Power Producers & Traders
1. Gulf Energy Development (L, TH)   Power Producers & Traders 95 12 23 35
2. Siam Cement (XXL, TH)   Construction Materials
2. Siam Cement (XXL, TH)   Construction Materials 91 57 76 82
3. Central Retail (XL, TH)   Department Stores
3. Central Retail (XL, TH)   Department Stores 87 19 31 37
4. C.P. All (XXL, TH)   Food Retail
4. C.P. All (XXL, TH)   Food Retail 83 23 24 48
5. TMB Bank (XXL, TH)   Diversified Banks
5. TMB Bank (XXL, TH)   Diversified Banks 67 53 93 87
6. PTT Exploration & Production (XL, TH)   Oil & Gas Production
6. PTT Exploration & Production (XL, TH)   Oil & Gas Production 63 16 42 64
7. PTT Oil and Retail (XXL, TH)   Automotive Retail
7. PTT Oil and Retail (XXL, TH)   Automotive Retail 63 49 90 72
8. Global Power Synergy (L, TH)   Power Producers & Traders
8. Global Power Synergy (L, TH)   Power Producers & Traders 63 39 37 20
9. Advanced Info Service (XL, TH)   Wireless Telecommunication
9. Advanced Info Service (XL, TH)   Wireless Telecommunication 59 18 48 56
10. Siam Global House (L, TH)   Home Improvement Retail
10. Siam Global House (L, TH)   Home Improvement Retail 59 25 58 64

October 19, 2023. Top 10s are published weekly following the . ( or for more stocks)


SET Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. PTT Oil and Retail (XXL, TH)  Automotive Retail
1. PTT Oil and Retail (XXL, TH)   Automotive Retail 94 49 90 72
2. Krung Thai Bank (XXL, TH)  Diversified Banks
2. Krung Thai Bank (XXL, TH)   Diversified Banks 89 75 97 99
3. TMB Bank (XXL, TH)  Diversified Banks
3. TMB Bank (XXL, TH)   Diversified Banks 87 53 93 87
4. Siam Global House (L, TH)  Home Improvement Retail
4. Siam Global House (L, TH)   Home Improvement Retail 82 25 58 64
5. Advanced Info Service (XL, TH)  Wireless Telecommunication
5. Advanced Info Service (XL, TH)   Wireless Telecommunication 76 18 48 56
6. Ratch Group (L, TH)  Power Producers & Traders
6. Ratch Group (L, TH)   Power Producers & Traders 76 86 77 73
7. PTT (XXL, TH)  Oil & Gas Integrated
7. PTT (XXL, TH)   Oil & Gas Integrated 70 70 48 27
8. Electricity Generating (L, TH)  Power Producers & Traders
8. Electricity Generating (L, TH)   Power Producers & Traders 66 92 68 65
9. Bangkok Dusit Medical Services (L, TH)  Health Care Facilities
9. Bangkok Dusit Medical Services (L, TH)   Health Care Facilities 64 32 17 53
10. Bangkok Bank (XXL, TH)  Diversified Banks
10. Bangkok Bank (XXL, TH)   Diversified Banks 63 63 81 79

October 19, 2023. Top 10s are published weekly following the . ( or for more stocks)


SET Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Krung Thai Bank (XXL, TH)  Diversified Banks
1. Krung Thai Bank (XXL, TH)   Diversified Banks 97 75 49 99
2. TMB Bank (XXL, TH)  Diversified Banks
2. TMB Bank (XXL, TH)   Diversified Banks 93 53 67 87
3. PTT Oil and Retail (XXL, TH)  Automotive Retail
3. PTT Oil and Retail (XXL, TH)   Automotive Retail 90 49 63 72
4. Bangkok Bank (XXL, TH)  Diversified Banks
4. Bangkok Bank (XXL, TH)   Diversified Banks 81 63 55 79
5. Ratch Group (L, TH)  Power Producers & Traders
5. Ratch Group (L, TH)   Power Producers & Traders 77 86 27 73
6. Siam Cement (XXL, TH)  Construction Materials
6. Siam Cement (XXL, TH)   Construction Materials 76 57 91 82
7. Electricity Generating (L, TH)  Power Producers & Traders
7. Electricity Generating (L, TH)   Power Producers & Traders 68 92 17 65
8. Siam Global House (L, TH)  Home Improvement Retail
8. Siam Global House (L, TH)   Home Improvement Retail 58 25 59 64
9. Kasikornbank (XXL, TH)  Diversified Banks
9. Kasikornbank (XXL, TH)   Diversified Banks 49 73 19 27
10. PTT (XXL, TH)  Oil & Gas Integrated
10. PTT (XXL, TH)   Oil & Gas Integrated 48 70 9 27

October 19, 2023. Top 10s are published weekly following the . ( or for more stocks)


This company has a special achievement which is documented on its stock research page.

Top 10 lists may contain fewer than 10 stocks due to Obermatt’s top 10 quality standards.

Top 10 Stocks from the purely fact-based Obermatt Method in the stock index Stock Exchange of Thailand Index SET from October 19, 2023.

Top 10 Stock History SET



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