Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Nestlé Pakistan

Market Cap: PK₨379.6b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

TSTE

Market Cap: ฿4.4b

Primarily engages in the production and distribution of wheat flour in Thailand.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Segmen Kardesler Gida Üretim ve Ambalaj Sanayi Anonim Sirketi

Market Cap: ₺4.3b

Engages in the production and sale of food products in Turkey.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 308.6b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

PINAGO UTAMA

Market Cap: Rp1.9t

Engages in the oil palm and rubber plantation business in Indonesia.

Zambia Sugar

Market Cap: K14.3b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

AB Vilkyskiu pienine

Market Cap: €121.8m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺10.1b

Produces and trades in frozen and canned products in Turkey.

Taisun Enterprise

Market Cap: NT$9.1b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, and flour products in Taiwan.

Imuraya Group

Market Cap: JP¥32.5b

Manufactures and sells various food products in Japan and internationally.

Torigoe

Market Cap: JP¥23.2b

Manufactures and sells flours and related products in Japan.

Kanro

Market Cap: JP¥88.9b

Manufactures and sells confectionery and food products in Japan.

Kaneko Seeds

Market Cap: JP¥15.8b

Engages in the agribusiness in Japan.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

Researches, develops, produces, and sells black sesame health products in China.

Anji Foodstuff

Market Cap: CN¥3.1b

Engages in the research and development, production, and sale of condiments in China and internationally.

Tibet Development

Market Cap: CN¥2.8b

Engages in the production and sale of beer in China.

Shandong Sinoglory Health Food

Market Cap: CN¥2.3b

Manufactures soy proteins in China.

PAN Group

Market Cap: ₫7.1t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Natural Food International Holding

Market Cap: HK$2.0b

An investment holding company, manufactures and sells natural health food products in China.

Indofood Agri Resources

Market Cap: S$502.5m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

Rokiskio Suris

Market Cap: €128.2m

Engages in the production and sale of fermented cheese, whey, and skimmed milk powder products in Lithuania.

Som Distilleries & Breweries

Market Cap: ₹28.4b

Engages in the manufacture and sale of beer and Indian made foreign liquor in India.

AVT Natural Products

Market Cap: ₹11.0b

Engages in the production, trading, and distribution of oleoresins, and value-added tea and animal nutritional products in India, Europe, the United States, and internationally.

Pakistan Tobacco

Market Cap: PK₨339.3b

Manufactures and sells, tobacco, velo, and vuse in Pakistan and internationally.

Teladan Prima Agro

Market Cap: Rp9.1t

Engages in managing palm oil plantations, mills, and renewable energy businesses in Indonesia.

Gokul Agro Resources

Market Cap: ₹48.9b

Engages in the manufacture and trading of edible and non-edible oils, meals, and other agro products in India.

British American Tobacco Uganda

Market Cap: USh736.2b

Engages in the importation, distribution, and sale of cigarettes in Uganda.

Mineralbrunnen Überkingen-Teinach GmbH KGaA

Market Cap: €133.7m

Mineralbrunnen Überkingen-Teinach GmbH & Co.

Seed Co International

Market Cap: P1.4b

Engages in the processing of agricultural seeds in Botswana, Mozambique, South Africa, Angola, the Democratic Republic of Congo, Malawi, Zambia, Nigeria, Ethiopia, Kenya, Rwanda, and Tanzania.

Yayla Agro Gida Sanayi ve Ticaret

Market Cap: ₺12.2b

Produces and sells various food and grains in Turkey and internationally.

Podravka d.d

Market Cap: €1.0b

Produces and sells various food products in Croatia, Slovenia, Europe, and internationally.

Socfinaf

Market Cap: €385.3m

Through its subsidiaries, primarily engages in the production, processing, and sale of palm oil in Sierra Leone, Liberia, Côte d'Ivoire, Ghana, Nigeria, Cameroon, São Tomé and Principe, Congo, and Europe.

Societe Ivoirienne Des Tabacs S A

Market Cap: XOF 351.9b

Operates as a subsidiary of Imperial Tobacco Group plc.

Honeywell Flour Mills

Market Cap: ₦170.5b

Manufactures and markets wheat-based products in Nigeria.

Sechaba Brewery Holdings

Market Cap: P4.1b

An investment holding company, manufactures, imports, markets, and distributes alcoholic and non-alcoholic beverages in Botswana.