Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Tanzania Cigarette

Market Cap: TSh1.4t

Manufactures, distributes, markets, and sells cigarettes in the United Republic of Tanzania.

British American Tobacco (Zambia)

Market Cap: K2.8b

Engages in the manufacturing, sales, and distribution of cigarettes and nicotine products in Zambia.

Yupi Indo Jelly Gum

Market Cap: Rp14.2t

Manufactures and sells gummy candies worldwide.

Cerveceria San Juan

Market Cap: S/4.1b

Engages in the production, packaging, distribution, and sale of beer.

Macay Holdings

Market Cap: ₱8.5b

An investment holding company, engages in the carbonated beverage businesses in the Philippines.

Empresas AquaChile

Market Cap: CL$985.0b

A food company, produces, processes, distributes, and markets salmon products in Chile and internationally.

WELLNEO SUGAR

Market Cap: JP¥80.5b

Manufactures and sells sugar and other food products primarily in Japan.

Thaitheparos

Market Cap: ฿13.3b

Manufactures and distributes sauces and condiments in Thailand and internationally.

Diamond Food Indonesia

Market Cap: Rp5.4t

Manufactures and distributes consumer goods in Indonesia and internationally.

Watawala Plantations

Market Cap: LK₨36.7b

Engages in the cultivation, manufacture, and sale of crude palm oil in Sri Lanka.

FrieslandCampina Engro Pakistan

Market Cap: PK₨65.3b

Engages in manufacturing, processing, and selling of dairy based products and frozen desserts in Pakistan.

Neto M.E Holdings

Market Cap: ₪649.6m

Produces, processes, imports, markets, and distributes a range of food products in Israel.

Zad Holding Company Q.P.S.C

Market Cap: ر.ق4.0b

Engages in the manufacture and distribution of fast-moving-consumer-goods in Qatar and internationally.

Ofis Yem Gida Sanayi ve Ticaret

Market Cap: ₺8.5b

Produces and sells feeds for the livestock sector in Turkey.

China Starch Holdings

Market Cap: HK$1.2b

An investment holding company, manufactures and sells cornstarch, lysine, starch-based sweeteners, modified starch, and ancillary corn-based and corn-refined products in the People’s Republic of China.

Lam Soon (Hong Kong)

Market Cap: HK$2.6b

An investment holding company, engages in manufacturing, trading, and processing of food and home care products in Hong Kong, China, and Macau.

Ginebra San Miguel

Market Cap: ₱81.4b

Engages in the manufacture and sale of alcoholic beverages in the Philippines.The company offers gins, brandies, wines, and distilled spirits, as well as vodka and rum.

Lion Brewery (Ceylon)

Market Cap: LK₨114.0b

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

TS

Market Cap: ₩252.3b

Operates as a food company in South Korea.

Starzen

Market Cap: JP¥69.3b

Engages in the processing, manufacturing, and sale of meat and meat products in Japan.

Wei Chuan Foods

Market Cap: NT$7.9b

Engages in the manufacturing, processing, and sale of dairy, beverages, and instant food products in Taiwan, Mainland China, and internationally.

Old Chang Kee

Market Cap: S$132.3m

An investment holding company, engages in the manufacture and distribution of food products under the Old Chang Kee brand in Singapore, Australia, and Malaysia.

ORION Holdings

Market Cap: ₩1.2t

Manufactures and sells confectioneries in South Korea, China, and internationally.

BASE FOOD

Market Cap: JP¥25.8b

Produces and sells nutritional staple food.

GRM Overseas

Market Cap: ₹22.6b

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

Unilever Consumer Care

Market Cap: ৳48.6b

Manufactures and markets consumer healthcare products in Bangladesh.

Bourbon

Market Cap: JP¥61.3b

Manufactures and sells food and beverage products in Japan.

Yutaka Foods

Market Cap: JP¥17.8b

Manufactures and sells food products in Japan.

National Foods

Market Cap: PK₨88.7b

Manufactures and sells convenience based food products in Pakistan.

BN Holdings

Market Cap: ₹32.6b

Engages in manufacturing and trading of various kinds of edible oil, oil seeds, solvent extraction, extracted oil cakes, and refined oil.

Malteries Franco-Belges Société Anonyme

Market Cap: €443.9m

Engages in the production and sale of malt primarily for brewers in France and internationally.

Malayan Flour Mills Berhad

Market Cap: RM 700.1m

Operates in the flour milling industry in Malaysia and Vietnam.

Dabaco Group

Market Cap: ₫10.7t

Produces and sells animal feed in Vietnam.

Champion Breweries

Market Cap: ₦154.8b

Engages in the brewing and marketing of Champion lager beer and Champ Malta in Nigeria.

Kuber Resources

Market Cap: US$966.3m

Through its subsidiaries, provides formaldehyde treatment services in China.

Société des Caoutchoucs de Grand-Béréby Société Anonyme

Market Cap: XOF 166.1b

Engages in the plantation and cultivation of rubber trees in Grand-Béréby, Ivory Coast.