U.S. Food, Beverage & Tobacco Potentially Undervalued Companies

First Pacific

Market Cap: US$24.7b

An investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally.

JBS

Market Cap: US$16.0b

Operates as a protein and food company worldwide.

Nomad Foods

Market Cap: US$1.8b

Manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally.

Post Holdings

Market Cap: US$5.1b

Operates as a consumer packaged goods holding company in the United States and internationally.

Smithfield Foods

Market Cap: US$8.9b

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

Mondelez International

Market Cap: US$69.7b

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

Maple Leaf Foods

Market Cap: US$3.2b

Produces food products in Canada, the United States, Japan, China, and internationally.

Becle. de

Market Cap: US$73.6b

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

Premier Foods

Market Cap: US$1.5b

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

Carlsberg

Market Cap: US$113.4b

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

Asahi Group Holdings

Market Cap: US$2.6t

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

China Resources Beer (Holdings)

Market Cap: US$86.7b

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

Treasury Wine Estates

Market Cap: US$4.4b

Operates as a wine company in Australia, the United States, the United Kingdom, and internationally.

Carlsberg

Market Cap: US$112.9b

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

Coca-Cola FEMSA. de

Market Cap: US$19.6b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

BRC

Market Cap: US$305.7m

Through its subsidiaries, purchases, roasts, and sells coffee and coffee accessories in the United States.

TreeHouse Foods

Market Cap: US$1.2b

Manufactures and distributes private brands snacks and beverages in the United States and internationally.

Universal Robina

Market Cap: US$142.2b

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

Heineken

Market Cap: US$38.7b

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, and the Asia Pacific.

WH Group

Market Cap: US$114.1b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Primo Brands

Market Cap: US$6.0b

Operates as a branded beverage company in North America.

Coca-Cola FEMSA. de

Market Cap: US$19.6b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

China Mengniu Dairy

Market Cap: US$56.8b

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

Origin Enterprises

Market Cap: US$431.2m

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

Thai Beverage

Market Cap: US$11.9b

Produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand, Vietnam, Malaysia, Myanmar, Singapore, and internationally.

Imperial Brands

Market Cap: US$25.4b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Associated British Foods

Market Cap: US$14.8b

Engages in the food, ingredients, and retail businesses worldwide.

Brown-Forman

Market Cap: US$14.2b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Bunge Global

Market Cap: US$18.0b

Operates as an agribusiness and food company worldwide.

First Pacific

Market Cap: US$25.1b

An investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally.

Imperial Brands

Market Cap: US$25.4b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Anheuser-Busch InBev

Market Cap: US$107.4b

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

Westrock Coffee

Market Cap: US$447.3m

Westrock Coffee Company, LLC operates as an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the United States and internationally.

China Feihe

Market Cap: US$36.4b

An investment holding company, produces and sells dairy products and raw milk in Mainland China, Canada, and the United States.

Embotelladora Andina

Market Cap: US$3.7t

Produces, bottles, commercializes, and distributes Coca-Cola trademark beverages in Chile, Brazil, Argentina, and Paraguay.

Kerry Group

Market Cap: US$12.1b

Provides taste and nutrition solutions.