Global Food, Beverage & Tobacco Potentially Undervalued Companies

COFCO Joycome Foods

Market Cap: HK$8.1b

An investment holding company, engages in the production and sales of hog, and livestock slaughtering businesses in Mainland China.

COFCO Joycome Foods

Market Cap: HK$8.1b

An investment holding company, engages in the production and sales of hog, and livestock slaughtering businesses in Mainland China.

Yantai North Andre JuiceLtd

Market Cap: HK$13.7b

Engages in the production and sale of fruit and vegetable juices in China.

Orkla

Market Cap: US$103.5b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Juhayna Food IndustriesE

Market Cap: ج.م26.7b

Engages in producing, manufacturing, processing, and packaging of dairy products, juices, and cooking products in Egypt.

Tonkens Agrar

Market Cap: €10.9m

Operates as an agricultural company in Germany.

McCormick

Market Cap: €17.6b

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Constellation Brands

Market Cap: €23.4b

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

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Market Cap: ₺80.8b

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

Anora Group Oyj

Market Cap: €204.7m

Produces, imports, markets, distributes, and sells alcoholic beverages in the Finland, Europe, and internationally.

Cranswick

Market Cap: UK£2.7b

Engages in the production and supply of food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally.

AAK AB (publ.)

Market Cap: SEK 63.1b

Develops and sells plant-based oils and fats in Sweden and internationally.

Mowi

Market Cap: NOK 109.7b

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

Becle. de

Market Cap: US$71.8b

Manufactures and distributes spirits and other distilled beverages in Mexico, the United States, Canada, and internationally.

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Market Cap: €80.8b

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

Tate & Lyle

Market Cap: UK£2.0b

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

Beyond Meat

Market Cap: €218.4m

A plant-based meat company, engages in the development, manufacture, marketing, and sale of plant-based meat products under the Beyond brand name in the United States and internationally.

McCormick

Market Cap: €17.6b

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Thai Vegetable Oil

Market Cap: €22.5b

Together with its subsidiary, Prodigy Public Company Limited, manufactures and distributes soy meal and soybean oil in Thailand and internationally.

J. M. Smucker

Market Cap: US$11.7b

Manufactures and markets branded food and beverage products worldwide.

AB Vilkyskiu pienine

Market Cap: €132.0m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

McCormick

Market Cap: Mex$17.9b

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

British American Tobacco

Market Cap: UK£85.5b

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

Fomento Económico Mexicano. de

Market Cap: Mex$581.6b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

Coca-Cola

Market Cap: €284.2b

A beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally.

Corby Spirit and Wine

Market Cap: CA$400.1m

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

Constellation Brands

Market Cap: R$24.1b

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

Mitsui DM SugarLtd

Market Cap: JP¥101.4b

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

TTET Union

Market Cap: NT$23.4b

Operates as a soybean crusher in Taiwan, Malaysia, Japan, and internationally.

Sato Foods Industries

Market Cap: JP¥12.5b

Engages in manufacture and sale of tea extracts, plant extracts, naturally derived flavorings, and powdered alcohol in Japan and internationally.

Mondelez International

Market Cap: US$82.0b

Through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe.

House Foods Group

Market Cap: JP¥271.4b

Engages in the manufacture, sale, import, and export of spices, seasonings, and processed foods in Japan and internationally.

SunOpta

Market Cap: €690.2m

Engages in the manufacture and sale of plant and fruit-based food and beverage products in the United States, Canada, and internationally.

Coca-Cola Bottlers Japan Holdings

Market Cap: JP¥445.7b

Engages in the purchases, sales, bottling, packaging, distribution and marketing of carbonated beverages, coffee beverages, tea-based beverages, mineral water, and other soft drinks in Japan.

Khee San Berhad

Market Cap: RM 32.3m

An investment holding company, manufactures and distributes candies confectionery and wafer products in Malaysia, Europe, Africa, and Rest of Asia.

A.G. BARR

Market Cap: US$754.2m

Manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally.