As global markets navigate a complex landscape marked by mixed performances in key indices and cautious monetary policies, the Asian market remains an area of interest for investors, particularly in the small-cap segment. With small-cap stocks often sensitive to economic shifts and interest rate movements, identifying those with potential value can be crucial; factors such as insider buying may offer additional insights into promising opportunities amidst these dynamic conditions.
Name
PE
PS
Discount to Fair Value
Value Rating
Security Bank
4.2x
0.9x
25.14%
★★★★★★
East West Banking
3.1x
0.7x
18.75%
★★★★☆☆
Civmec
16.4x
0.9x
47.69%
★★★★☆☆
Eureka Group Holdings
10.5x
4.6x
26.80%
★★★★☆☆
PSC
9.8x
0.4x
20.28%
★★★★☆☆
Hung Hing Printing Group
NA
0.4x
44.03%
★★★★☆☆
PolyNovo
60.9x
6.3x
28.29%
★★★☆☆☆
Nickel Asia
12.0x
1.8x
17.78%
★★★☆☆☆
Ever Sunshine Services Group
7.0x
0.4x
-459.68%
★★★☆☆☆
Chinasoft International
23.0x
0.7x
-1253.99%
★★★☆☆☆
Click here to see the full list of 43 stocks from our Undervalued Asian Small Caps With Insider Buying screener.
Let’s uncover some gems from our specialized screener.
Simply Wall St Value Rating: ★★★★☆☆
Overview: Asia United Bank provides a range of financial services including branch, consumer, and commercial banking, as well as treasury operations, with a market capitalization of ₱35.76 billion.
Operations: Asia United Bank’s primary revenue streams are derived from branch banking, treasury operations, and commercial banking. As of the latest data, the net income margin stands at 55.78%, indicating a strong profitability position. The company has experienced fluctuations in its operating expenses over time, which include significant contributions from general and administrative expenses.
PE: 4.6x
Asia United Bank, a smaller player in the Asian financial sector, shows potential for value appreciation. Insider confidence is evident with Ernesto Tan Uy purchasing 30,000 shares worth approximately ₱1.05 million in recent months, indicating belief in future performance. The bank’s strategic leadership changes include appointing Dennis Edmund E. Balagtas as Head of Trust and Investments Group from November 2025, bringing decades of experience to enhance trust banking operations. These developments suggest a focus on strengthening its market position amidst evolving industry dynamics.
PSE:AUB Share price vs Value as at Nov 2025
Simply Wall St Value Rating: ★★★★☆☆
Overview: Maynilad Water Services is a Philippine-based company that provides water and wastewater services in the western zone of Metro Manila, with a market capitalization of ₱54.23 billion.
Operations: Maynilad Water Services generates revenue primarily through its water distribution and wastewater services, with a notable gross profit margin of 86.22% as of September 2025. The company experiences significant operating expenses, including general and administrative costs, which impact its overall profitability. Non-operating expenses also play a role in financial outcomes, contributing to variations in net income margins over time.
PE: 8.0x
Maynilad Water Services, a prominent player in Asia’s water utility sector, recently reported a rise in third-quarter sales to PHP 9.24 billion from PHP 8.48 billion last year, reflecting solid operational performance despite its reliance on external borrowing for funding. The company’s IPO raised PHP 30.6 billion, indicating market confidence and potential for growth as it joins the PSE All Share Index. With new leadership under COO Christopher Lichauco and strategic shifts like discontinuing certain international projects, Maynilad is poised for focused domestic expansion while maintaining insider confidence through significant share purchases over the past year.
PSE:MYNLD Share price vs Value as at Nov 2025
Simply Wall St Value Rating: ★★★☆☆☆
Overview: Nickel Asia is a leading nickel mining company in the Philippines, engaged in extracting, processing, and exporting nickel ore with a market capitalization of approximately ₱88.13 billion.
Operations: Nickel Asia generates revenue primarily through its operations, with significant costs attributed to the cost of goods sold (COGS). The company’s net income margin has shown variability, reaching as high as 32.88% in June 2022 and declining to 7.06% by December 2024. Operating expenses and non-operating expenses also play a role in financial performance, impacting the overall profitability.
PE: 12.0x
Nickel Asia’s recent financial performance highlights its potential in the Asian small-cap sector, with third-quarter revenue reaching PHP 11.05 billion and net income at PHP 3.09 billion, both showing significant year-over-year growth. Despite a volatile share price recently, insider confidence is evident through share purchases from March to October 2025. The company declared a special dividend of PHP 0.07 per share, payable on December 15, reflecting strong cash flow management despite relying solely on external borrowing for funding. Organizational changes effective January 2026 could further strengthen strategic planning and corporate governance structures as they navigate projected earnings declines over the next three years.
PSE:NIKL Share price vs Value as at Nov 2025
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include PSE:AUB PSE:MYNLD and PSE:NIKL.
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