Global Food, Beverage & Tobacco Potentially Undervalued Companies

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.4b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Ganyuan Foods

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of snack foods in China.

China Mengniu Dairy

Market Cap: HK$57.9b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Indofood Sukses Makmur

Market Cap: Rp67.2t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.4b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Tingyi (Cayman Islands) Holding

Market Cap: €58.7b

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

Asahi Group Holdings

Market Cap: €2.7t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Indofood Sukses Makmur

Market Cap: €66.5t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Premier Foods

Market Cap: UK£1.7b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Austevoll Seafood

Market Cap: NOK 19.3b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Austevoll Seafood

Market Cap: NOK 19.3b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Origin Enterprises

Market Cap: €417.3m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Carlsberg

Market Cap: US$103.4b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Anheuser-Busch InBev

Market Cap: €99.5b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

China Mengniu Dairy

Market Cap: €57.9b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Binggrae

Market Cap: ₩668.4b

Engages in production and sale of dairy products in South Korea and internationally.

Jinzai Food GroupLtd

Market Cap: CN¥5.4b

Engages in the research, development, production, and sale of snack foods in China.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥49.5b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Sao Ta Foods

Market Cap: ₫2.4t

Engages in farming, processing, and preserving aquatic products.

China Youran Dairy Group

Market Cap: HK$11.8b

An investment holding company, operates as an integrated provider of products and services in the upstream dairy industry in the People's Republic of China.

China Resources Beer (Holdings)

Market Cap: €86.6b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Laurent-Perrier

Market Cap: €512.2m

Produces and sells champagne in France.

Austevoll Seafood

Market Cap: €19.3b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Smithfield Foods

Market Cap: €9.2b

Produces packaged meats and fresh pork in the United States and internationally.

Pilgrim's Pride

Market Cap: €9.6b

Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico.

Yihai International Holding

Market Cap: €12.0b

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

Asahi Group Holdings

Market Cap: JP¥2.7t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

ORION

Market Cap: ₩4.2t

Engages in the manufacture and sale of various confectionery products in South Korea, China, and internationally.

Ganyuan Foods

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of snack foods in China.

Universal Robina

Market Cap: ₱150.5b

Operates as a branded food product company in the Philippines and internationally.

China Resources Beer (Holdings)

Market Cap: HK$86.6b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Thaifoods Group

Market Cap: ฿29.7b

Engages in the production and distribution of chicken and swine products in Thailand.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥49.5b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Wellhope Foods

Market Cap: CN¥6.8b

Produces and sells feed products for pigs, poultry, ruminant animals, and other animals in China and internationally.

Laurent-Perrier

Market Cap: €512.2m

Produces and sells champagne in France.

Ingredion

Market Cap: US$7.8b

Manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide.