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

Nomad Foods

Market Cap: US$2.9b

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, processing, marketing, and distribution of fresh fruit and vegetables worldwide.

Lerøy Seafood Group

Market Cap: US$26.8b

Produces, processes, markets, sells, and distributes seafood products.

Marfrig Global Foods

Market Cap: US$16.9b

Through its subsidiaries, operates in the food industry in Brazil and internationally.

China Resources Beer (Holdings)

Market Cap: US$86.8b

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

Carlsberg

Market Cap: US$123.2b

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

JBS

Market Cap: US$92.9b

Engages in the processing of animal protein worldwide.

BRC

Market Cap: US$377.4m

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

Meiji Holdings

Market Cap: US$872.0b

Through its subsidiaries, engages in the manufacture and sale of dairy products, confectioneries, nutritional products, and pharmaceuticals in Japan and internationally.

JDE Peet's

Market Cap: US$10.7b

Operates as a coffee and tea company worldwide.

Carlsberg

Market Cap: US$123.2b

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

Coca-Cola FEMSA. de

Market Cap: US$19.3b

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

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Market Cap: US$99.5b

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

Tate & Lyle

Market Cap: US$2.5b

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

WH Group

Market Cap: US$87.4b

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

Mowi

Market Cap: US$97.8b

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

BRF

Market Cap: US$31.8b

BRF S.A. raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products.

Primo Brands

Market Cap: US$12.0b

Operates as a branded beverage company in North America.

TreeHouse Foods

Market Cap: US$1.2b

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

Tate & Lyle

Market Cap: US$2.5b

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

Minerva

Market Cap: US$3.0b

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

Coca-Cola FEMSA. de

Market Cap: US$19.2b

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

Thai Beverage

Market Cap: US$12.4b

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

First Pacific

Market Cap: US$23.1b

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$23.5b

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

Austevoll Seafood

Market Cap: US$19.1b

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

Imperial Brands

Market Cap: US$23.5b

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

Ingredion

Market Cap: US$8.8b

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.

Coca-Cola Içecek Anonim Sirketi

Market Cap: US$150.7b

Engages in the production, sales, and distribution of sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East.

Associated British Foods

Market Cap: US$15.0b

Operates as a diversified food, ingredients, and retail company worldwide.

Bunge Global

Market Cap: US$10.8b

Operates as an agribusiness and food company worldwide.

Origin Enterprises

Market Cap: US$379.4m

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

Kraft Heinz

Market Cap: US$33.3b

Manufactures and markets food and beverage products in North America and internationally.

Brown-Forman

Market Cap: US$16.6b

Manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages.

Indofood Sukses Makmur

Market Cap: US$70.0t

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

Smithfield Foods

Market Cap: US$8.9b

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