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Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 3 stocks made the list for top value stocks in the Food Products industry. Those looking for value stocks to add to their portfolio may want to use this list as a starting point for further investment research.

Why Focus on Undervalued Food Products Stocks?

Value investors seek to buy stocks at a discount to their intrinsic value. Long-term returns show that such strategies are advantageous. Value stocks, as a group, tend to outperform growth stocks over extended periods of time. Typically, value investors perform financial analysis of numerous metrics, don’t follow the herd and are long-term investors.

AAII’s A+ Investor Value Grade is derived from a stock’s Value Score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

What Goes Into AAII’s Value Grade?

Stock evaluation requires access to huge amounts of data as well as the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movement. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors with that task.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A–F grades for more than just value. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others. Some stocks may even have null values for certain metrics like the price-earnings ratio or the price-to-book ratio but not others. An example of this would be a company with losses instead of profits or a negative book value because of heavy borrowing. Negative earnings or book value result in non-meaningful ratios that are left blank or null.

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3 Undervalued Food Products Stocks

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 3 undervalued stocks in the Food Products industry for Tuesday, November 18, 2025. Let’s take a closer look at their individual scores to see how they measure up against each other and the Food Products industry median.

Company	Ticker	Price/Sales	Price/Earnings	EV/EBITDA	Shareholder Yield	Price/Book Value	Price/Free Cash Flow	Value Grade
Hormel Foods Corporation	HRL	1.02	16.3	13.4	4.9%	1.52	na	B
John B. Sanfilippo & Son, Inc.	JBSS	0.70	12.1	8.9	3.3%	2.18	na	B
Nomad Foods Limited	NOMD	0.60	8.0	9.1	9.3%	0.59	8.2	A

The Value Grade is assigned based on how each stock’s composite valuation compares to all other stocks.

The process for assigning grades starts with each variable for a given stock. The percentile rankings for all valid ratios that a stock has are calculated. So, for instance, a stock could have a price-to-book ranking in the 43rd percentile, a price-earnings ranking in the 67th percentile, a price-to-sales ranking in the 23rd percentile, etc. Then, those rankings are averaged for each stock. (A minimum of two valid variables are required, though all six will be used if available.)

Once the average of the individual variables is calculated, that average is ranked against all stocks. Put another way, each stock’s composite valuation is compared to all other stocks. These ranks are then sorted into quintiles from the cheapest 20% (a grade of A) to the most expensive 20% (a grade of F).

As always, we recommend that you conduct proper due diligence and research before investing in any security. We also suggest that investors utilize numerous grades, not just value, when it comes to deciding whether a company is a good fit for their allocation needs.

Hormel Foods Corporation’s Value Grade

Value Grade:

Metric	Score	HRL	Industry Median
Price/Sales	34	1.02	0.72
Price/Earnings	43	16.3	20.2
EV/EBITDA	53	13.4	12.1
Shareholder Yield	17	4.9%	0.0%
Price/Book Value	43	1.52	1.52
Price/Free Cash Flow	na	na	20.6

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, bacons, sausages, hams, and guacamoles; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI’S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN’S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN’S, LA VICTORIA, LAYOUT, LLOYD’S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER’S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Hormel Foods Corporation has a Value Score of 68, which is considered to be undervalued.

When you look at Hormel Foods Corporation’s price-to-sales ratio at 1.02 compared to the industry median at 0.72, this company has a higher price relative to revenue compared to its peers. This could make Hormel Foods Corporation’s stock less attractive for value investors.

Hormel Foods Corporation’s price-earnings ratio is 16.30 compared to the industry median at 20.20. This means it has a lower share price relative to earnings compared to its peers. This could make Hormel Foods Corporation more attractive for value investors.

Now, let’s assess Hormel Foods Corporation’s EV/EBITDA ratio, also known as enterprise multiple. At 13.4, when compared to the industry median of 12.1, the company may be considered overvalued in relation to its peers. Value investors could use the enterprise multiple to identify stocks that are considered overvalued or undervalued relative to their industry.

Shareholder yield is the sum of a stock’s dividend yield (paid over previous 12 months minus special dividends) and the percentage of net share buybacks over the previous 12 months. Hormel Foods Corporation’s shareholder yield is higher than its industry median ratio of 0.00%. Value investors may look for an attractive shareholder yield because it can be a powerful tool for identifying if the company has a good management team.

As one of the most common value metrics, the price-to-book ratio evaluates a company’s current market price relative to its book value. Hormel Foods Corporation’s price-to-book ratio is higher than its industry median ratio of 1.52. This could make Hormel Foods Corporation fairly attractive to investors looking for a new addition to their portfolio.

John B. Sanfilippo & Son, Inc.’s Value Grade

Value Grade:

Metric	Score	JBSS	Industry Median
Price/Sales	26	0.70	0.72
Price/Earnings	28	12.1	20.2
EV/EBITDA	29	8.9	12.1
Shareholder Yield	25	3.3%	0.0%
Price/Book Value	56	2.18	1.52
Price/Free Cash Flow	na	na	20.6

John B. Sanfilippo & Son, Inc., through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings; and bar product line, including chewy granola, fruit and grain, sweet and salty, dipped chewy granola, crunchy, energy, fiber, and nut bars. It also offers peanut butter in various sizes and varieties; salad toppings, dried fruit, and chocolate and yogurt coated products; recipe ingredients; bulk food products; sunflower kernels, pepitas, snack mixes, almond and cashew butter, candy and confections, corn snacks, chickpea snacks, sesame sticks, and other sesame snack and baked cheese snack products; and various toppings for ice cream and yogurt. In addition, the company operates a retail store. The company provides its products under the Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts, and Just the Cheese brands as well as under various private brands. It serves retailers and wholesalers, and commercial ingredient and contract packaging customers through a network of independent brokers, distributors, and suppliers. John B. Sanfilippo & Son, Inc. was founded in 1922 and is headquartered in Elgin, Illinois.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

John B. Sanfilippo & Son, Inc. has a Value Score of 78, which is considered to be undervalued.

John B. Sanfilippo & Son, Inc.’s price-earnings ratio is 12.1 compared to the industry median at 20.2. This means that it has a lower price relative to its earnings compared to its peers. This makes John B. Sanfilippo & Son, Inc. more attractive for value investors.

John B. Sanfilippo & Son, Inc.’s price-to-book ratio is lower than its peers. This could make John B. Sanfilippo & Son, Inc. more attractive for value investors when compared to the industry median at 1.52.

You can read more about John B. Sanfilippo & Son, Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Nomad Foods Limited’s Value Grade

Value Grade:

Metric	Score	NOMD	Industry Median
Price/Sales	23	0.60	0.72
Price/Earnings	10	8.0	20.2
EV/EBITDA	30	9.1	12.1
Shareholder Yield	6	9.3%	0.0%
Price/Book Value	10	0.59	1.52
Price/Free Cash Flow	20	8.2	20.6

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. It offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers. The company also provides meal products that include ready-to-cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice creams, such as in-home and out-of-home ice creams; and other products consisting of soups, pizzas, bakery goods, and meat substitutes. It sells its products to supermarkets and food retail chains primarily under the Birds Eye, Green Cuisine, iglo, Findus, Aunt Bessie's, Goodfella's, Frikom, Ledo, La Cocinera, and Belviva brand names. Nomad Foods Limited was founded in 2014 and is headquartered in Woking, the United Kingdom.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Nomad Foods Limited has a Value Score of 97, which is considered to be undervalued.

Nomad Foods Limited’s price-earnings ratio is 8.0 compared to the industry median at 20.2. This means that it has a lower price relative to its earnings compared to its peers. This makes Nomad Foods Limited more attractive for value investors.

Nomad Foods Limited’s price-to-book ratio is higher than its peers. This could make Nomad Foods Limited less attractive for value investors when compared to the industry median at 1.52.

You can read more about Nomad Foods Limited’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Other Food Products Stock Grades

Value is just one of the five Stock Grades included in our A+ Investor service. AAII members can see the top-graded stocks—those with grades of A or B for value, growth, momentum, earnings estimate revisions and quality—on the A+ Stock Grades Screener.

Also, if you want full access to all of AAII’s premium services, you can subscribe to one convenient bundled plan called AAII Platinum where you can try out A+ Investor, AAII Dividend Investing, the Stock Superstars Report, Growth Investing and VMQ Stocks. With the other premium services, you can dive deep into additional metrics, portfolios, commentary and information about Food Products stocks as well as other industrys.

Choosing Which of the 3 Best Food Products Stocks Is Right for You

Choosing which value stocks to invest in will ultimately depend on your individual goals and allocation; however, comparing similar value stocks in the same industry can help you analyze which might be better investments for you in the long run. So, let’s take a look at the Value Grade for all of our stocks.

Hormel Foods Corporation stock has a Value Grade of B.
John B. Sanfilippo & Son, Inc. stock has a Value Grade of B.
Nomad Foods Limited stock has a Value Grade of A.

Now that you have a bit more background about each of the 3 undervalued stocks in the Food Products industry as well as their overall grades, it’s time for you to conduct additional research to see if these could fit your portfolio needs based on your goals and risk tolerance. AAII can help you figure out both and identify which investments align with what works best for you.

We do so through a program of education that teaches you to invest for yourself and become an effective manager of your own wealth—no more relying on others for your financial independence. You can rely on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor.

A+ Investor adds to that qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

Additional Resources About Food Products Stocks

Want to learn more about Food Products stocks to see if they could be the right investment for you? Check out some additional resources and articles to help you on your financial journey.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith and we accept no liability for any errors or omissions. The full disclaimer can be read here.