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

Laird Superfood

Market Cap: US$36.7m

Manufactures and markets plant-based natural and functional food in the United States.

Boston Beer Company

Market Cap: US$1.6b

Produces and sells alcohol beverages primarily in the United States.

Village Farms International

Market Cap: US$282.3m

Produces, markets, and distributes greenhouse grown tomatoes, bell peppers, and cucumbers in North America.

McCormick

Market Cap: US$12.5b

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

Constellation Brands

Market Cap: US$23.7b

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

Ingredion

Market Cap: US$6.3b

Engages in the manufacture and sale of 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.

Post Holdings

Market Cap: US$4.0b

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

JBS

Market Cap: US$13.1b

Engages in the processing of animal proteins, encompassing activities related to beef, pork, lamb, and poultry worldwide.

Nomad Foods

Market Cap: US$1.4b

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

Dole

Market Cap: US$1.3b

Engages in sourcing, production, distribution, and marketing of fresh fruits and vegetables worldwide.

Seneca Foods

Market Cap: US$972.1m

Provides packaged fruits and vegetables in the United States and internationally.

McCormick

Market Cap: US$12.5b

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

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Market Cap: US$120.6b

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

Heineken

Market Cap: US$35.3b

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

Charoen Pokphand Indonesia

Market Cap: US$56.1t

Produces and sells poultry feed, broiler, food products, and day-old chicks (DOC) in Indonesia and internationally.

Ricegrowers

Market Cap: US$876.4m

Operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America.

WH Group

Market Cap: US$115.3b

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

Freshpet

Market Cap: US$2.4b

Manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe.

Mowi

Market Cap: US$100.7b

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

John B. Sanfilippo & Son

Market Cap: US$886.2m

Through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States.

WH Group

Market Cap: US$115.3b

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

Minerva

Market Cap: US$3.6b

Produces and sells fresh beef, livestock, and by-products in South America and internationally.

KWS SAAT SE KGaA

Market Cap: US$2.3b

KWS SAAT SE & Co. KGaA breeds, produces, and distributes seeds for agriculture.

Indofood Sukses Makmur

Market Cap: US$54.9t

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

First Pacific

Market Cap: US$21.8b

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.

First Pacific

Market Cap: US$21.8b

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$21.3b

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

Oatly Group

Market Cap: US$267.9m

An oatmilk company, provides a range of plant-based dairy products in the United States, United Kingdom, Germany, China, Sweden, The Netherlands, Finland, and Switzerland.

Diageo

Market Cap: US$33.2b

Engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

Embotelladora Andina

Market Cap: US$3.6t

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

Ambev

Market Cap: US$250.3b

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada.

China Feihe

Market Cap: US$28.0b

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

Smithfield Foods

Market Cap: US$10.4b

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

Zevia PBC

Market Cap: US$107.8m

Develops, markets, sells, and distributes zero sugar beverages in the United States and Canada.

Embotelladora Andina

Market Cap: US$3.6t

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

Suntory Beverage & Food

Market Cap: US$1.3t

Engages in the production and distribution of alcoholic and non-alcoholic beverages, and food products in Japan, the Asia-Pacific, Europe, and the Americas.