Global Food, Beverage & Tobacco Undervalued based on future growth

Vinh Hoan

Market Cap: ₫14.4t

Engages in the farming and processing of frozen pangasius products in Vietnam and internationally.

Juhayna Food IndustriesE

Market Cap: ج.م24.5b

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

Calavo Growers

Market Cap: US$488.6m

Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery, foodservice, club stores, mass merchandisers, food distributors, and wholesale customers worldwide.

Binggrae

Market Cap: ₩647.2b

Engages in production and sale of dairy products in South Korea and internationally.

Astral Foods

Market Cap: R7.6b

Operates as an integrated poultry producer in South Africa and internationally.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

Market Cap: R$2.1b

Engages in the acquisition, development, exploration, and sale of agricultural activities in Brazil, Paraguay, and Bolivia.

Thai Coconut

Market Cap: ฿12.1b

Produces and distributes coconut products in Thailand.

Oceana Group

Market Cap: R6.1b

Operates as a fishing and food processing company in South Africa, Namibia, rest of Africa, North America, Europe, the Far East, and internationally.

Warabeya Nichiyo Holdings

Market Cap: JP¥49.1b

Engages in the manufacture and sale of food products for convenience stores in Japan and internationally.

Camil Alimentos

Market Cap: R$1.8b

Engages in processing, production, packaging, and marketing of food products.

Boa Safra Sementes

Market Cap: R$1.5b

Produces and sells soybean seeds in Brazil.

Tunas Baru Lampung

Market Cap: Rp4.4t

Primarily manufactures and sells vegetable cooking oils in Indonesia.

Salmones Camanchaca

Market Cap: CL$253.7b

Engages in the salmon farming business in Chile.

Edita Food Industries Company (S.A.E)

Market Cap: ج.م11.4b

Engages in the production of snack food products in Egypt.

RFG Holdings

Market Cap: R3.8b

Manufactures and markets convenience meal solutions in South Africa, the Kingdom of Eswatini, and internationally.

Göknur Gida Maddeleri Enerji Imalat Ithalat Ihracat Ticaret ve Sanayi Anonim Sirketi

Market Cap: ₺7.9b

Operates as a fruit and vegetable concentrate company in Turkey.

Purcari Wineries

Market Cap: RON 816.6m

Through its subsidiaries, engages in the production, bottling, and sale of wines in Central and Eastern Europe.

CCK Consolidated Holdings Berhad

Market Cap: RM 746.3m

An investment holding company, engages in the rearing and production of poultry products, prawns, and seafood products.

Nascon Allied Industries

Market Cap: ₦263.2b

Manufactures and sells refined, edible, and grade salt in Nigeria.

Obour Land for Food IndustriesE

Market Cap: ج.م8.2b

Manufactures and distributes dairy products in Egypt.

Delta Sugar

Market Cap: ج.م7.4b

Engages in the manufacture and sale of sugar beets in Egypt.

EASY BIOInc

Market Cap: ₩199.5b

Provides specialized piglet feed and feed additives solutions in South Korea and internationally.

Food Moments

Market Cap: ฿3.9b

Engages in the production and sale of butchered chicken and processed chicken products in Thailand.

Fleury Michon

Market Cap: €100.3m

Produces and sells food products in France and internationally.

Wismilak Inti Makmur

Market Cap: Rp1.7t

Manufactures and sells cigarettes in Indonesia and internationally.

Malee Group

Market Cap: ฿3.3b

Manufactures and distributes fruit juices, canned fruit, milk and cereal drink, and non-alcohol beverage products in Thailand and internationally.

Malindo Feedmill

Market Cap: Rp1.6t

Engages in the production of animal feed in Indonesia.

Dwarikesh Sugar Industries

Market Cap: ₹7.9b

Engages in the manufacture and sale of sugar and ethanol in India and internationally.

MAG Holdings Berhad

Market Cap: RM 332.9m

An investment holding company, engages in the prawn aquaculture business in Malaysia.

Omer-Decugis & Cie

Market Cap: €64.0m

Produces and sells fresh fruits and vegetables in France and internationally.

Miko

Market Cap: €63.3m

Engages in the coffee roasting business under the Miko brand name in Belgium, France, the Netherlands, the United Kingdom, Germany, Denmark, Norway, Sweden, Poland, the Czech Republic, Slovakia, and Australia.

New Zealand King Salmon Investments

Market Cap: NZ$105.5m

Engages in the farming, processing, and sale of salmon products in New Zealand, North America, Australia, Japan, Europe, China, and internationally.

Centrale del Latte d'Italia

Market Cap: €48.7m

Engages in the production, treatment, processing, and sale of milk, dairy, and food products in Italy, Germany, and internationally.

Yenher Holdings Berhad

Market Cap: RM 237.0m

An investment holding company, manufactures, supplies, and markets animal health and nutrition products for livestock and companion animals in Malaysia and internationally.

Berentzen-Gruppe

Market Cap: €37.2m

Produces and distributes spirits and non-alcoholic beverages in Germany, rest of Europe Union, rest of Europe, and internationally.

Zixin Group Holdings

Market Cap: S$49.3m

An investment holding company, engages in the research and development, cultivation, production, supply, and sale of sweet potato snack food products in the People’s Republic of China.