Indonesian Food, Beverage & Tobacco Potentially Undervalued Companies

Triputra Agro Persada

Market Cap: Rp17.9t

Engages in the oil palm plantations and palm oil processing businesses in Indonesia.

Perusahaan Perkebunan London Sumatra Indonesia

Market Cap: Rp7.7t

Engages in the plantation business in Indonesia and internationally.

Indofood Sukses Makmur

Market Cap: Rp62.6t

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

Tunas Baru Lampung

Market Cap: Rp3.7t

Primarily manufactures and sells vegetable cooking oils in Indonesia.

Hanjaya Mandala Sampoerna

Market Cap: Rp66.3t

Engages in manufacture, distribution, and trading of cigarettes and other tobacco products in Indonesia.

Japfa Comfeed Indonesia

Market Cap: Rp23.8t

Operates as an agri-food company in Indonesia.

Malindo Feedmill

Market Cap: Rp1.7t

Engages in the animal feed, chicken breeding and broiler farm, and food processing businesses in Indonesia.

Wismilak Inti Makmur

Market Cap: Rp1.5t

Manufactures and sells cigarettes in Indonesia and internationally.

Mahkota Group

Market Cap: Rp2.4t

Engages in the palm oil processing business in Indonesia.

Formosa Ingredient Factory

Market Cap: Rp184.9b

Produces and sells tapioca pearl, syrup, sauces, powder, and jellies in Indonesia and internationally.

Salim Ivomas Pratama

Market Cap: Rp6.0t

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

Siantar Top

Market Cap: Rp15.5t

Manufactures and sells snacks in Indonesia.

Teladan Prima Agro

Market Cap: Rp6.9t

Engages in managing palm oil plantations, mills, and renewable energy businesses in Indonesia.

Sreeya Sewu Indonesia

Market Cap: Rp1.3t

Produces poultry feed in Indonesia.

Gozco Plantations

Market Cap: Rp558.0b

Processes, produces, and distributes crude palm oil/vegetable oil and palm kernel in Indonesia.

Widodo Makmur Perkasa

Market Cap: Rp353.0b

An investment holding company, operates in the consumer goods and agricultural commodities sector in Indonesia.

Bakrie Sumatera Plantations

Market Cap: Rp262.5b

Engages in the plantation, processing, and trading of agricultural and industrial products in Indonesia.

Ultrajaya Milk Industry & Trading

Market Cap: Rp14.5t

Operates in the food and beverage industry in Indonesia.

Astra Agro Lestari

Market Cap: Rp10.9t

Engages in the crude palm oil and related derivatives business in Indonesia.

Raja Roti Cemerlang

Market Cap: Rp49.5b

A food processing company, produces and sells bread flour products in Indonesia.

Multi Bintang Indonesia

Market Cap: Rp12.3t

Operates as a beverage company in Indonesia and internationally.

Central Proteina Prima

Market Cap: Rp3.0t

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

Nippon Indosari Corpindo

Market Cap: Rp5.5t

Engages in the bakery and cakes business in Indonesia.

Sawit Sumbermas Sarana

Market Cap: Rp15.9t

Produces and sells crude palm oil, its derivatives, fresh fruit bunches FFB, palm kernel oil, and palm kernel in Indonesia and internationally.

Eagle High Plantations

Market Cap: Rp1.7t

Engages in the oil palm industry and plantations in Indonesia.

Indofood CBP Sukses Makmur

Market Cap: Rp120.4t

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

Dharma Satya Nusantara

Market Cap: Rp7.6t

Operates in the palm oil and wood product business in Indonesia.

FKS Food Sejahtera

Market Cap: Rp977.7b

Through its subsidiaries, engages in manufacture and retail trade of food products in Indonesia.

Toba Surimi Industries

Market Cap: Rp495.3b

Engages in the seafood processing business in Indonesia.

Delta Djakarta

Market Cap: Rp1.6t

Engages in the beverages business in Indonesia.