Global Food, Beverage & Tobacco Undiscovered Gems With Strong Fundamentals

Rafhan Maize Products

Market Cap: PK₨89.2b

Manufactures and sells industrial products in Pakistan and internationally.

AOHATA

Market Cap: JP¥31.5b

Produces and sells food products in Japan.

Austindo Nusantara Jaya

Market Cap: Rp6.0t

Engages in the oil palm plantation business in Indonesia.

Multi Bintang Indonesia

Market Cap: Rp12.4t

Operates as a beverage company in Indonesia and internationally.

Lam Soon (Thailand)

Market Cap: ฿3.8b

Manufactures and distributes palm oil in Thailand and internationally.

Chung Hwa Food Industrial

Market Cap: NT$8.0b

Produces and sells soybean processed foods in Taiwan.

Miyoshi Oil & Fat

Market Cap: JP¥21.7b

Manufactures and sells food and oil products in Japan.

British American Tobacco Kenya

Market Cap: KSh41.0b

Engages in the manufacture and sale of tobacco and tobacco free oral nicotine pouches in Kenya and internationally.

Mitsui DM SugarLtd

Market Cap: JP¥101.6b

Manufactures and sells refined sugar and functional food materials in Japan.

STI Foods HoldingsInc

Market Cap: JP¥22.9b

Manufactures and sells seafood products in Japan.

Zhejiang Yiming Food

Market Cap: CN¥9.4b

Engages in dairy farming business in China.

Central Proteina Prima

Market Cap: Rp3.6t

Operates as an integrated aquaculture shrimp and foods producer company in Indonesia and internationally.

Kameda SeikaLtd

Market Cap: JP¥89.8b

Manufactures and sells rice crackers and snacks in Japan and internationally.

RFM

Market Cap: ₱14.1b

Engages in milling, manufacturing, and marketing food and beverage products in the Philippines and internationally.

Guilin Seamild Foods

Market Cap: CN¥4.9b

Engages in the research, development, production, and management of oat cereal health food products under the Seamild brand in China.

Sampoerna Agro

Market Cap: Rp7.8t

Operates palm oil and rubber plantations, and palm oil mills in Indonesia and internationally.

Ifuji Sangyo

Market Cap: JP¥20.0b

Engages in liquid eggs and related business in Japan.

Krishival Foods

Market Cap: ₹8.9b

Engages in the processing, selling, and trading of dry fruits and nuts.

Tasty Bite Eatables

Market Cap: ₹24.5b

Manufactures and sells prepared foods in India and internationally.

Lydia Yesil Enerji Kaynaklari

Market Cap: ₺24.8b

Engages in the production and sale of electricity and heat energy in Turkey.

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.

Lucky Royal

Market Cap: NT$7.1b

Manufactures and sells of ice cream products under the Duroyal brand in Taiwan.

Carson Cumberbatch

Market Cap: LK₨157.3b

Engages in the oil palm plantations, oils and fats, beverages, portfolio and asset management, real estate, and leisure business in Sri Lanka, Malaysia, Indonesia, Singapore, and Mauritius.

Anglo-Eastern Plantations

Market Cap: UK£485.8m

Owns, operates, and develops oil palm plantations in Indonesia and Malaysia.

Champion Breweries

Market Cap: ₦154.8b

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

Karelia Tobacco

Market Cap: €938.4m

Engages in the production and sale of tobacco products in European Union, Africa, Asia, Greece, and Other European countries.

Josef Manner & Comp

Market Cap: €202.2m

Manufactures and sells wafers, sugar-coated candies, and aerated confectionery products in Austria.

Fourth Milling

Market Cap: ر.س2.1b

Engages in the production, packaging, and sale of flour and its byproducts, animal feed, and bran products the Kingdom of Saudi Arabia.

Petchsrivichai Enterprise

Market Cap: ฿6.9b

Produces and distributes crude palm kernel oil in Thailand and internationally.

Société de Fabrication des Boissons de Tunisie Société Anonyme

Market Cap: د.ت3.4b

Together with its subsidiaires, provides beer, soft drinks, milk, mineral water, juice, and wine products in Tunisia.

Cloetta

Market Cap: SEK 9.3b

Operates as a confectionery company.

FRoSTA

Market Cap: €698.3m

Develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe.

Nam Viet

Market Cap: ₫7.2t

Engages in seafood processing in Vietnam and internationally.

Salim Ivomas Pratama

Market Cap: Rp9.8t

Produces and sells edible oils and fats in Indonesia, China, Singapore, Timor Leste, Nigeria, Haiti, Germany, the Philippines, Papua New Guinea, and internationally.

Astarta Holding

Market Cap: zł1.2b

Through its subsidiaries, engages in the sugar production, crop growing, soybean processing, and cattle farming businesses in Ukraine, Europe, Asia, and internationally.

Marie Brizard Wine & Spirits

Market Cap: €331.1m

Engages in the producing, marketing, and selling wines and spirits in France, Europe, Africa, the Americas, and the Asia Pacific.