German Food, Beverage & Tobacco Potentially Undervalued Companies

Astarta Holding

Market Cap: €1.4b

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

Sampoerna Agro

Market Cap: €4.3t

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

PepsiCo

Market Cap: €180.2b

Engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide.

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Market Cap: €82.5b

Engages in the production, bottling, distribution, and sale of beer, malt, and non-alcoholic beverages in Turkey and internationally.

Prima Meat Packers

Market Cap: €114.3b

Produces and markets hams and sausages, meats, processed foods, and other products in Japan.

Japan Tobacco

Market Cap: €7.9t

A tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally.

Premium Brands Holdings

Market Cap: €3.6b

Manufactures and distributes food products under various brands in the United States, Canada, Asia, Europe, and internationally.

Salim Ivomas Pratama

Market Cap: €6.6t

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

Indofood CBP Sukses Makmur

Market Cap: €127.1t

Produces and sells consumers products in Indonesia, Rest of Asia, the Middle East, Africa, and internationally.

Aktieselskabet Schouw

Market Cap: €12.8b

An industrial conglomerate, provides feed products used in aquaculture in Norway, Chile, Denmark, the United Kingdom, the United States, Ecuador, and internationally.

Flowers Foods

Market Cap: €3.6b

Produces and markets packaged bakery food products in the United States.

Lamb Weston Holdings

Market Cap: €7.9b

Engages in the production, distribution, and marketing of frozen potato products in the United States, Canada, Mexico, and internationally.

Mowi

Market Cap: €98.6b

A seafood company, produces and sells Atlantic salmon products worldwide.

Mission Produce

Market Cap: €794.6m

Engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, wholesalers, and foodservice customers in the United States and internationally.

Grupo Bimbo. de

Market Cap: €233.7b

Produces, distributes, and sells various bakery products.

MGP Ingredients

Market Cap: €625.8m

Produces and supplies distilled spirits, branded spirits, and food ingredients worldwide.

Südzucker

Market Cap: €2.3b

Produces and sells sugar products in Germany, rest of the European Union, the United Kingdom, the United States, and internationally.

Tate & Lyle

Market Cap: €2.4b

Engages in the provision of ingredients and solutions to the food, beverage, and other industries in North America, Asia, Middle East, Africa, Latin America, and Europe.

Ausnutria Dairy

Market Cap: €3.5b

An investment holding company, primarily engages in the research and development, production, marketing, processing, packaging, and distribution of dairy and related products, and nutrition products.

Kri-Kri Milk Industry

Market Cap: €572.9m

Operates in the dairy industry in Greece and internationally.

Bell Food Group

Market Cap: €1.6b

Engages in the processing of meat and convenience products in Switzerland.

AS Amber Latvijas balzams

Market Cap: €59.6m

Produces and sells alcoholic beverages in Latvia and internationally.

Tingyi (Cayman Islands) Holding

Market Cap: €72.6b

An investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People’s Republic of China.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

Market Cap: €2.1b

Engages in the acquisition, development, exploration, and sale of agricultural activities in Brazil, Paraguay, and Bolivia.

Lanson-BCC

Market Cap: €244.6m

Produces and sells wines in France and internationally.

BioFish Holding

Market Cap: €187.6m

Biofish Holding AS produces and sells smolt for the salmon farming industry.

Nippn

Market Cap: €170.2b

Engages in flour milling and food businesses in Japan and internationally.

Farmer Bros

Market Cap: €33.0m

Engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and other allied products in the United States.

Tyson Foods

Market Cap: €20.0b

Operates as a food company worldwide.

Kernel Holding

Market Cap: €5.4b

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

British American Tobacco

Market Cap: €73.0b

Provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.

Constellation Brands

Market Cap: €31.7b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

British American Tobacco

Market Cap: €73.0b

Provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.

Fresh Factory B.C

Market Cap: €46.9m

The Fresh Factory B.C. Ltd. formulates, develops, manufactures, distributes, and sells fresh and plant-based food and beverage products in the United States.

Budweiser Brewing Company APAC

Market Cap: €107.9b

An investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions.

Yihai International Holding

Market Cap: €13.0b

Produces and sells hot pot condiment, compound condiment, and ready-to-eat food products in the People’s Republic of China and internationally.