Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

GDH Supertime Group

Market Cap: CN¥6.0b

Engages in the research and development, production, and sale of malt to raw material in beer brewing in China.

Qingdao Foods

Market Cap: CN¥2.8b

Engages in the production and sale of biscuits and other baked food in China.

British American Tobacco Uganda

Market Cap: USh736.2b

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

Hanoi Beer Alcohol and Beverage

Market Cap: ₫7.6t

Engages in the production and sale of beer, fermenting malt, spirits, non-alcoholic beverages, and mineral water.

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.

Sechaba Brewery Holdings

Market Cap: P4.1b

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

Spadel

Market Cap: €879.9m

Produces and markets natural mineral water in Belgium.

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.

Organización Cultiba. de

Market Cap: Mex$7.5b

Produces, distributes, and sells beverages in Mexico and internationally.

Carozzi

Market Cap: CL$940.3b

Produces and markets food products in Chile.

Blumar

Market Cap: CL$323.6b

Engages in the fishing and aquaculture businesses.

Akasha Wira International

Market Cap: Rp8.2t

Engages in the manufacture and distribution of bottled drinking water, soy milk, and cosmetic products in Indonesia and internationally.

Ceylon Beverage Holdings

Market Cap: LK₨56.6b

An investment holding company, brews and markets beers primarily in Sri Lanka.

Vadilal Industries

Market Cap: ₹36.7b

Manufactures and sells ice-cream in India and internationally.

Emirates Reem Investments Company P.J.S.C

Market Cap: د.إ962.8m

Engages in the bottling, distribution, and trading of mineral water, carbonated drinks, soft drinks, juices, and evaporated milk in the United Arab Emirates, rest of the Middle East, and Africa.

Feed OneLtd

Market Cap: JP¥43.7b

Feed One Co.,Ltd. procures, produces, processes, markets, and sells meat, egg, seafood, and compound feed in Japan and internationally.

Jiangxi Sunshine Dairy

Market Cap: CN¥4.2b

Engages in the research and development, production, and sale of liquid milk, milk-containing beverages, and other products in China.

Chin Teck Plantations Berhad

Market Cap: RM 863.4m

An investment holding company, cultivates oil palms in Malaysia.

Univanich Palm Oil

Market Cap: ฿9.7b

Engages in the oil palm plantations, crushing mills, and oil palm research and seed businesses in Thailand and the Philippines.

Shenzhen Cereals HoldingsLtd

Market Cap: CN¥7.8b

Engages in the wholesale and retail, food processing and manufacturing, and leasing and commerce service businesses in the People’s Republic of China and internationally.

Bukit Darah

Market Cap: LK₨96.6b

Engages in the oil palm plantation, oils and fats, beverage, portfolio and asset management, real estate, leisure, and management businesses in Sri Lanka, Malaysia, Indonesia, Singapore, and Mauritius.

Murree Brewery

Market Cap: PK₨28.6b

Manufactures and sells alcoholic beverage products in Pakistan.

Sungei Bagan Rubber Company (Malaya) Berhad

Market Cap: RM 513.9m

Produces and sells fresh oil palm fruit bunches in Malaysia.

AB Zemaitijos pienas

Market Cap: €122.1m

Produces and sells dairy products in Lithuania and internationally.

MKH Oil Palm (East Kalimantan) Berhad

Market Cap: RM 630.0m

An investment holding company, engages in the cultivation of oil palm.

AXYZ

Market Cap: JP¥17.3b

Engages in manufacture and sale of processed foods in Japan and internationally.

Zwack Unicum Likoripari és Kereskedelmi Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft62.0b

Manufactures, distributes, and sells alcoholic beverages in Hungary, Europe, and internationally.

Kernel Holding

Market Cap: zł5.6b

Engages in the diversified agricultural business in Ukraine, India, Hong Kong, China, Singapore, Switzerland, the Netherlands, Spain, and internationally.

Simonds Farsons Cisk

Market Cap: €214.2m

Engages in the brewing, production, and sale of beers and beverages in Malta.

Türk Tuborg Bira ve Malt Sanayii

Market Cap: ₺57.9b

Produces, sells, and distributes beer and malt in Turkey and internationally.

Cakovecki mlinovi d.d

Market Cap: €176.2m

Produces and trades food products in Croatia.