Best Utilities Stocks in Thailand for 2026
Regulated electric, gas, and water names ranked on dividend coverage and rate-comparable yield; the lowest-beta, most defensive sector covered.
Utilities (regulated electric, gas, water) are the lowest-beta sector covered. Total returns are dominated by dividend yield + steady rate-base growth, so Health (dividend coverage, leverage) and Valuation (yield-on-cost in a rate-comparable frame) drive the composite more than Growth. Useful as a defensive ballast in a portfolio.
Thailand listings on the Stock Exchange of Thailand (SET) cover energy, banking, and consumer discretionary. IFRS reporting in THB; the dividend culture is strong, so dividend-focused composite views typically surface Thai names.
Data as of (updated daily)
Top 20 Utilities in Thailand by composite score
| # | Ticker | Name | Composite |
|---|---|---|---|
| 1 | ETC.BK | Earth Tech Environment Public Company Limited | 79.3 |
| 2 | NNCL.BK | Nava Nakorn Public Company Limited | 78.5 |
| 3 | ROJNA.BK | Rojana Industrial Park Public Company Limited | 64.5 |
| 4 | TTW.BK | TTW Public Company Limited | 64.0 |
| 5 | WP.BK | Wp Energy Public Company Limited | 62.2 |
| 6 | SUPER.BK | Super Energy Corporation Public Company Limited | 61.4 |
| 7 | CKP.BK | CK Power Public Company Limited | 58.8 |
| 8 | ALPHAX.BK | Alpha Divisions PCL | 57.9 |
| 9 | TGE.BK | Thachang Green Energy PCL | 56.3 |
| 10 | GUNKUL.BK | Gunkul Engineering Public Company Limited | 55.8 |
| 11 | WHAUP.BK | WHA Utilities and Power Public Company Limited | 54.4 |
| 12 | SPCG.BK | SPCG Public Company Limited | 53.5 |
| 13 | ACE.BK | Absolute Clean Energy PCL | 53.1 |
| 14 | GPSC.BK | Global Power Synergy PCL | 53.1 |
| 15 | GTV.BK | Green Tech Ventures PCL | 52.8 |
| 16 | UV.BK | Univentures Public Company Limited | 52.7 |
| 17 | BCPG.BK | BCPG Public Company Limited | 51.5 |
| 18 | SAAM.BK | SAAM Energy Development Public Company Limited | 50.9 |
| 19 | BGRIM.BK | B.Grimm Power Public Company Limited | 50.4 |
| 20 | GREEN.BK | Green Resources Public Company Limited | 50.0 |
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Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by composite score within the Utilities sector listed in Thailand; use the screener for the full ranked list.