Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Sungei Bagan Rubber Company (Malaya) Berhad

Market Cap: RM 513.9m

Produces and sells fresh oil palm fruit bunches in Malaysia.

MKH Oil Palm (East Kalimantan) Berhad

Market Cap: RM 630.0m

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

BLD Plantation Bhd

Market Cap: RM 1.0b

An investment holding company, engages in the palm oil business in China, India, Malaysia, and internationally.

HMA Agro Industries

Market Cap: ₹15.1b

Manufactures and exports frozen buffalo meat and related products in India, Vietnam, Indonesia, Hong Kong, Malaysia, Egypt, and internationally.

Bombay Burmah Trading

Market Cap: ₹125.6b

Engages in the tea and coffee plantations, auto electric components, healthcare, and real estate businesses in India and internationally.

Corby Spirit and Wine

Market Cap: CA$422.8m

Manufactures, markets, and imports spirits, wines, and ready-to-drink cocktails in Canada, the United States, the United Kingdom, and internationally.

Rainbow Chicken

Market Cap: R4.1b

Operates as an integrated chicken/broiler producer in the Republic of South Africa.

RCL Foods

Market Cap: R8.5b

Operates as a food manufacturer in South Africa.

Jhonlin Agro Raya

Market Cap: Rp12.3t

Engages in the oil palm plantation business in Indonesia.

Zanlakol

Market Cap: ₪627.5m

Engages in the development, production, marketing, and sale vegetable products in Israel.

Guinness Ghana Breweries

Market Cap: GH₵1.9b

Manufactures, distributes, and sells spirits, alcoholic and non-alcoholic beverages, and other ancillary products.

Camanchaca

Market Cap: CL$219.6b

Engages in the industrial fishing business in Chile, the United States, Mexico, Japan, Europe, and China.

Viña San Pedro Tarapacá

Market Cap: CL$161.9b

Produces and exports wines in Chile, Argentina, and internationally.

Neto Malinda Trading

Market Cap: ₪2.5b

Manufactures, imports, markets, and distributes kosher food products.

Kulmbacher Brauerei Aktien-Gesellschaft

Market Cap: €134.4m

Engages in the brewery business in Germany and internationally.

International Company for Agricultural Crops

Market Cap: ج.م8.0b

Engages in the agricultural activities in Egypt.

Pradiksi Gunatama

Market Cap: Rp11.4t

Operates as an oil palm plantation company in Indonesia.

KOIKE-YA

Market Cap: JP¥51.3b

Engages in the manufacture, production, and sale of snack and health foods under the KARAMUCHO and SCORN brands.

Maruha Nichiro

Market Cap: JP¥168.2b

Engages in the fishing, fish farming, food processing, trading, meat products, and distribution businesses in Japan and internationally.

Fujicco

Market Cap: JP¥46.4b

Manufactures and sells food products in Japan.

Fuji Nihon

Market Cap: JP¥29.2b

Engages in the manufacture and sale of refined sugar and sugar-related products in Japan.

Leche Gloria

Market Cap: S/3.2b

Produces and sells milk and other dairy products in Peru, Bolivia, Ecuador.

Hokuto

Market Cap: JP¥60.1b

Researches, develops, produces, and sells mushrooms in Japan and internationally.

Tehmag Foods

Market Cap: NT$11.2b

Operates in the baking industry in Taiwan.

Kunming Chuan Jin Nuo Chemical

Market Cap: CN¥5.7b

Develops, produces and sells phosphate chemicals in China.

Jinzi HamLtd

Market Cap: CN¥8.7b

Engages in the research and development, production, and sale of fermented meat products in China and internationally.

Hagoromo Foods

Market Cap: JP¥31.5b

Manufactures and sells various food products in Japan.

Beingmate

Market Cap: CN¥7.2b

Researches, develops, produces, and sells children’s food and nutritious food products in China.

Gansu Dunhuang Seed GroupLtd

Market Cap: CN¥3.5b

Engages in the seed, cotton, and food processing businesses in China and internationally.

Chia Tai Enterprises International

Market Cap: HK$1.5b

Manufactures and sells animal health products and chlortetracycline in Mainland China, the Asia Pacific, the Americas, Europe, and internationally.

Lotus Health Group

Market Cap: CN¥11.3b

Engages in the production and sale of condiments and foods in China.

Taiwan Fructose

Market Cap: NT$3.6b

Engages in the manufacturing and processing of fructose, maltose, glucose, and starch in Taiwan.

Teo Seng Capital Berhad

Market Cap: RM 570.1m

An investment holding company, engages in poultry farming business in Malaysia, Singapore, and internationally.

Lion Brewery (Ceylon)

Market Cap: LK₨114.4b

Engages in the brewing and marketing of beers under the Lion brand in Sri Lanka.

Thaitheparos

Market Cap: ฿13.5b

Manufactures and distributes sauces and condiments in Thailand and internationally.

GRM Overseas

Market Cap: ₹22.5b

Primarily engages in the milling, processing, and marketing of branded and non-branded basmati rice in India.