Global Food, Beverage & Tobacco Undervalued over 20% based on DCF

Gan Shmuel Foods

Market Cap: ₪449.5m

Produces, markets, and sells citrus fruit, tomato, and other non-citrus fruit products in Israel.

Austral GroupA

Market Cap: S/453.3m

A fishing company, produces and trades in marine based foods and ingredients in Peru and internationally.

Able Global Berhad

Market Cap: RM 467.5m

An investment holding company, manufactures and sells tin cans and dairy products in Africa, Asia, Central America, North America, South America, Mexico, Malaysia, and internationally.

Shenguan Holdings (Group)

Market Cap: HK$839.9m

An investment holding company, engages in the manufacture and sale of edible collagen sausage casing products in Mainland China, Asia, and internationally.

C.I. Holdings Berhad

Market Cap: RM 445.5m

An investment holding company, engages in manufacturing, selling, and packing various types of edible oils in Malaysia, Africa, Asia, and internationally.

Misitano & Stracuzzi

Market Cap: €89.9m

Engages in the production and marketing of citrus essential oils, citrus juices, and aromatic solutions in Italy, European Countries, and internationally.

Wismilak Inti Makmur

Market Cap: Rp1.7t

Manufactures and sells cigarettes in Indonesia and internationally.

Carr's Group

Market Cap: UK£77.6m

Engages in the agriculture business in the United Kingdom and internationally.

Apetit Oyj

Market Cap: €87.4m

Manufactures and sells plant-based food products in Finland, Norway, Sweden, and internationally.

SDS Group Berhad

Market Cap: RM 397.6m

An investment holding company, engages in the manufacture, distribution, and retail of bakery products in Malaysia, Singapore, and Indonesia.

Sao Ta Foods

Market Cap: ₫2.4t

Engages in farming, processing, and preserving aquatic products.

Ten Ren Tea

Market Cap: NT$2.8b

Engages in the manufacture and sale of tea, tea sets, and green tea beverages in Taiwan and internationally.

Magadh Sugar & Energy

Market Cap: ₹7.9b

Manufactures and sells of sugar and its by-products in India and Internationally.

AB Pieno Zvaigzdes

Market Cap: €77.0m

Produces and sells dairy products to retail stores directly and through distributors.

Unicafe

Market Cap: JP¥12.8b

Manufactures and sells regular coffee and processed coffee products in Japan.

Tat Gida Sanayi

Market Cap: ₺3.5b

Engages in the production and sale of tomato and canned products in Turkey and internationally.

Negri Sembilan Oil Palms Berhad

Market Cap: RM 351.7m

An investment holding company, engages in the oil palms cultivation activities in Malaysia.

Kawan Food Berhad

Market Cap: RM 339.8m

An investment holding company, manufactures, trades in, distributes, and sells frozen food products.

DaireiLtd

Market Cap: JP¥11.8b

Plans, develops, and sells frozen food products for professional use in Japan.

Sato Foods Industries

Market Cap: JP¥11.6b

Engages in manufacture and sale of tea extracts, plant extracts, naturally derived flavorings, and powdered alcohol in Japan and internationally.

Tai Roun ProductsLtd

Market Cap: NT$2.3b

Engages in manufacturing and trading feed, fructose, starch, and frozen and sea foods in Taiwan, Japan, South Korea, China, and Vietnam.

Miko

Market Cap: €62.8m

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.

Unikai Foods (P.J.S.C)

Market Cap: د.إ264.1m

Manufactures and sells dairy, juices, and ice cream products in the United Arab Emirates, Oman, and internationally.

Allgäuer Brauhaus

Market Cap: €56.6m

Engages in the production, bottling, and sale of beers, beer specialties, and non-alcoholic beverages in Germany.

JUNGDAWN

Market Cap: ₩86.0b

Engages in poultry farming, delivery, processing, and sales of duck meat and duck down.

Semba Tohka Industries

Market Cap: JP¥8.8b

Develops, manufactures, and sells food ingredients primarily in Japan.

Kakuzi

Market Cap: KSh7.5b

Engages in growing, packing, and selling avocados in the United Kingdom, Continental Europe, Kenya, and internationally.

Tsit Wing International Holdings

Market Cap: HK$425.2m

An investment holding company, provides beverages and food products in Hong Kong, Mainland China, the United States, Australia, Canada, Macau, Malaysia, Guam, Singapore, and Taiwan.

FOODWELL

Market Cap: ₩73.8b

Engages in storing and processing agricultural products in South Korea.

Barkat Frisian Agro

Market Cap: PK₨13.2b

Produces and sells pasteurized egg products in Pakistan and internationally.

Trang

Market Cap: ₫1.1t

Engages in processing and producing frozen seafood products in Vietnam.

Premier Quality Starch

Market Cap: ฿1.4b

Engages in the industrial factory business of starch, modified starch, and all kinds of processed starch in Thailand.

Gurktaler

Market Cap: €33.6m

Produces and distributes herbal spirits in Austria.

Fesh Fash Snack Food Production

Market Cap: ر.س131.3m

Produces and sells snack food products in the Saudi Arabia .

Feria de Osorno

Market Cap: CL$31.2b

Through its subsidiaries, engages in the production, distribution, import, export, and sale of food products to farmers in Chile.

Comfort Intech

Market Cap: ₹2.8b

Engages in the trade of goods of electric appliances in India.