Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 6 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.
Click the button below to learn more about A+ Investor and subscribe today.
6 Undervalued Food Products Stocks
Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 6 undervalued stocks in the Food Products industry for Friday, February 27, 2026. 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 |
| Cal-Maine Foods, Inc. | CALM | 0.96 | 3.5 | 2.1 | 11.5% | 1.48 | 5.4 | A |
| Ingredion Incorporated | INGR | 1.04 | 10.5 | 7.3 | 5.3% | 1.73 | 25.1 | A |
| The Kraft Heinz Company | KHC | 1.18 | na | 9.1 | 8.1% | 0.70 | 16.5 | A |
| Post Holdings, Inc. | POST | 0.70 | 19.6 | 12.0 | 11.3% | 1.47 | 13.2 | B |
| Seneca Foods Corporation | SENE.A | 0.60 | 10.8 | 5.8 | 0.7% | 1.34 | 5.7 | A |
| The Simply Good Foods Company | SMPL | 1.17 | 19.0 | 13.4 | 1.6% | 0.93 | 9.8 | B |
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.
Cal-Maine Foods, Inc.’s Value Grade
Value Grade:
| Metric | Score | CALM | Industry Median |
| Price/Sales | 31 | 0.96 | 0.70 |
| Price/Earnings | 3 | 3.5 | 23.4 |
| EV/EBITDA | 4 | 2.1 | 12.2 |
| Shareholder Yield | 4 | 11.5% | 0.0% |
| Price/Book Value | 39 | 1.48 | 1.58 |
| Price/Free Cash Flow | 11 | 5.4 | 31.2 |
Cal-Maine Foods, Inc., together with its subsidiaries, engages in the production, grading, packaging, marketing, and distribution of shell eggs, egg products, and prepared foods. The company offers specialty shell eggs, including cage-free, organic, brown, free-range, and pasture-raised and nutritionally enhanced eggs, as well as conventional eggs under the Egg-Land’s Best, Land O’ Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4-Grain brand names. It also provides ready-to-eat products, such as hard-cooked eggs, egg wraps, protein pancakes, crepes and wrap-ups; and sells feed, miscellaneous byproducts, and resale products. The company sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, northeastern, and mid-Atlantic regions of the United States, as well as Puerto Rico. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.
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.
Cal-Maine Foods, Inc. has a Value Score of 98, which is considered to be undervalued.
When you look at Cal-Maine Foods, Inc.’s price-to-sales ratio at 0.96 compared to the industry median at 0.70, this company has a higher price relative to revenue compared to its peers. This could make Cal-Maine Foods, Inc.’s stock less attractive for value investors.
Cal-Maine Foods, Inc.’s price-earnings ratio is 3.50 compared to the industry median at 23.40. This means it has a lower share price relative to earnings compared to its peers. This could make Cal-Maine Foods, Inc. more attractive for value investors.
Now, let’s assess Cal-Maine Foods, Inc.’s EV/EBITDA ratio, also known as enterprise multiple. At 2.1, when compared to the industry median of 12.2, the company may be considered undervalued 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. Cal-Maine Foods, Inc.’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. Cal-Maine Foods, Inc.’s price-to-book ratio is lower than its industry median ratio of 1.58. This could make Cal-Maine Foods, Inc. more attractive to investors looking for a new addition to their portfolio.
Lastly, let’s take a look at Cal-Maine Foods, Inc.’s price-to-free-cash-flow ratio (P/FCF), which can indicate a company’s market value relative to its operating cash flow. Cal-Maine Foods, Inc.’s price-to-free-cash-flow ratio is lower than its industry median ratio of 31.20. This could make Cal-Maine Foods, Inc. more attractive because the lower P/FCF ratio indicates that Cal-Maine Foods, Inc. is undervalued. The P/FCF ratio metric can also be viewed over a long-term time frame to see if the company's cash flow to share price value is generally improving or worsening.
Ingredion Incorporated’s Value Grade
Value Grade:
| Metric | Score | INGR | Industry Median |
| Price/Sales | 33 | 1.04 | 0.70 |
| Price/Earnings | 16 | 10.5 | 23.4 |
| EV/EBITDA | 20 | 7.3 | 12.2 |
| Shareholder Yield | 14 | 5.3% | 0.0% |
| Price/Book Value | 45 | 1.73 | 1.58 |
| Price/Free Cash Flow | 59 | 25.1 | 31.2 |
Ingredion Incorporated, together with its subsidiaries, 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. The company operates in Texture & Healthful Solutions; Food & Industrial Ingredients–LATAM; and Food & Industrial Ingredients–U.S./CANADA segments. It offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. The company provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for applications in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, and beverages. In addition, the company sells refined corn oil, corn gluten feed, and corn gluten meal; and other products. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, 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.
Ingredion Incorporated has a Value Score of 81, which is considered to be undervalued.
Ingredion Incorporated’s price-earnings ratio is 10.5 compared to the industry median at 23.4. This means that it has a lower price relative to its earnings compared to its peers. This makes Ingredion Incorporated more attractive for value investors.
Ingredion Incorporated’s price-to-book ratio is lower than its peers. This could make Ingredion Incorporated more attractive for value investors when compared to the industry median at 1.58.
You can read more about Ingredion Incorporated’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.
The Kraft Heinz Company’s Value Grade
Value Grade:
| Metric | Score | KHC | Industry Median |
| Price/Sales | 36 | 1.18 | 0.70 |
| Price/Earnings | na | na | 23.4 |
| EV/EBITDA | 29 | 9.1 | 12.2 |
| Shareholder Yield | 7 | 8.1% | 0.0% |
| Price/Book Value | 14 | 0.70 | 1.58 |
| Price/Free Cash Flow | 41 | 16.5 | 31.2 |
The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments, sauces, dressings, and spreads; cheese, frozen potato products, and other frozen meals; meal kits, frozen snacks, and pickles; dry packaged desserts, refrigerated ready to eat desserts, and other dessert toppings; ready to drink and powdered beverages, and liquid concentrates; American sliced and recipe cheeses; mainstream coffee, coffee pods, and premium coffee; and cold cuts, bacon, and hot dogs. It offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Capri Sun, Maxwell House, Kool-Aid, Jell-O, ABC, Master, Quero, Golden Circle, Wattie’s, Pudliszki, and Plasmon brands, as well as Bagel Bites, Claussen, A1, and Cool Whip. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience, value, and club stores; pharmacies and drug stores; mass merchants; foodservice distributors; institutions, including hotels, restaurants, bakeries, hospitals, health care facilities, and government agencies; and various e-commerce platforms and retailers. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
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.
The Kraft Heinz Company has a Value Score of 90, which is considered to be undervalued.
The Kraft Heinz Company’s price-to-book ratio is higher than its peers. This could make The Kraft Heinz Company less attractive for value investors when compared to the industry median at 1.58.
You can read more about The Kraft Heinz Company’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.
Post Holdings, Inc.’s Value Grade
Value Grade:
| Metric | Score | POST | Industry Median |
| Price/Sales | 24 | 0.70 | 0.70 |
| Price/Earnings | 47 | 19.6 | 23.4 |
| EV/EBITDA | 46 | 12.0 | 12.2 |
| Shareholder Yield | 4 | 11.3% | 0.0% |
| Price/Book Value | 39 | 1.47 | 1.58 |
| Price/Free Cash Flow | 33 | 13.2 | 31.2 |
Post Holdings, Inc. operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brands; hot cereal; peanut butter under the Peter Pan brand; and branded and private label pet food under Rachael Ray Nutrish, Nature’s Recipe, 9Lives, Kibbles ’n Bits and Gravy Train brands. The Weetabix segment manufactures, markets, and distributes branded and private label RTE cereal under Weetabix and Alpen brands; hot cereals and other cereal-based food products; private label cereals; and protein-based shakes under the UFIT brand, and nutritional snacks. The Foodservice segment produces and distributes egg products primarily under Papetti’s and Abbotsford Farms brands, as well as potato products in the foodservice and food ingredient channels. The segment also manufactures certain meat products. The Refrigerated Retail segment produces and distributes side dish, potato, sausage products under Bob Evans, Bob Evans Farms, and Simply Potatoes brands; eggs and egg products under Bob Evans Egg Whites and Egg Beaters brands; and cheese and other dairy products under Crystal Farms brand. It serves grocery stores, mass merchandise customers, supercenters, club stores, natural/specialty stores, dollar stores, discounters, wholesalers, convenience stores, pet supply retailers, drug store customers, foodservice distributors, and national restaurant chains, as well as sells its products in the military, ecommerce, and foodservice channels. The company was founded in 1895 and is headquartered in Saint Louis, Missouri.
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.
Post Holdings, Inc. has a Value Score of 80, which is considered to be undervalued.
Post Holdings, Inc.’s price-earnings ratio is 19.6 compared to the industry median at 23.4. This means that it has a lower price relative to its earnings compared to its peers. This makes Post Holdings, Inc. more attractive for value investors.
Post Holdings, Inc.’s price-to-book ratio is higher than its peers. This could make Post Holdings, Inc. less attractive for value investors when compared to the industry median at 1.58.
You can read more about Post Holdings, 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.
Seneca Foods Corporation’s Value Grade
Value Grade:
| Metric | Score | SENE.A | Industry Median |
| Price/Sales | 22 | 0.60 | 0.70 |
| Price/Earnings | 17 | 10.8 | 23.4 |
| EV/EBITDA | 12 | 5.8 | 12.2 |
| Shareholder Yield | 39 | 0.7% | 0.0% |
| Price/Book Value | 35 | 1.34 | 1.58 |
| Price/Free Cash Flow | 12 | 5.7 | 31.2 |
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby’s, Green Giant, Aunt Nellie’s, CherryMan, Green Valley, and READ. In addition, it packs canned and frozen vegetables under contract packing agreements. Further, the company engages in the sale of cans, ends, and seeds, as well aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; specialty retailers; and food service distributors, restaurant chains, industrial markets, other food packagers, and export customers in approximately 55 countries, as well as federal, state, and local governments for school and other feeding programs. Seneca Foods Corporation was incorporated in 1949 and is headquartered in Fairport, New York.
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.
Seneca Foods Corporation has a Value Score of 93, which is considered to be undervalued.
Seneca Foods Corporation’s price-earnings ratio is 10.8 compared to the industry median at 23.4. This means that it has a lower price relative to its earnings compared to its peers. This makes Seneca Foods Corporation more attractive for value investors.
Seneca Foods Corporation’s price-to-book ratio is higher than its peers. This could make Seneca Foods Corporation less attractive for value investors when compared to the industry median at 1.58.
You can read more about Seneca Foods Corporation’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.
The Simply Good Foods Company’s Value Grade
Value Grade:
| Metric | Score | SMPL | Industry Median |
| Price/Sales | 36 | 1.17 | 0.70 |
| Price/Earnings | 45 | 19.0 | 23.4 |
| EV/EBITDA | 52 | 13.4 | 12.2 |
| Shareholder Yield | 34 | 1.6% | 0.0% |
| Price/Book Value | 20 | 0.93 | 1.58 |
| Price/Free Cash Flow | 23 | 9.8 | 31.2 |
The Simply Good Foods Company, a consumer-packaged food and beverage company, engages in the development, marketing, and sale of snacks and meal replacements, and other products in North America and internationally. The company offers protein bars, ready-to-drink beverages and shakes, sweet and salty snacks, cookies, muffins, protein chips and crackers, protein powders, and recipes under the Quest, Atkins, and OWYN brand names. It also provides confectionery products, such as peanut butter cups, brownies, caramel candy bites, chocolatey coated peanut candies, and caramel candy bars. In addition, the company licenses certain products that contain its brands and logos; and distributes its products to various retail channels, such as mass merchandise, grocery and drug stores, club and convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including questnutrition.com, atkins.com, liveowyn.com, amazon.com and others. The company was incorporated in 2017 and is headquartered in Denver, Colorado.
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.
The Simply Good Foods Company has a Value Score of 75, which is considered to be undervalued.
The Simply Good Foods Company’s price-earnings ratio is 19.0 compared to the industry median at 23.4. This means that it has a lower price relative to its earnings compared to its peers. This makes The Simply Good Foods Company more attractive for value investors.
The Simply Good Foods Company’s price-to-book ratio is higher than its peers. This could make The Simply Good Foods Company less attractive for value investors when compared to the industry median at 1.58.
You can read more about The Simply Good Foods Company’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 6 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.
- Cal-Maine Foods, Inc. stock has a Value Grade of A.
- Ingredion Incorporated stock has a Value Grade of A.
- The Kraft Heinz Company stock has a Value Grade of A.
- Post Holdings, Inc. stock has a Value Grade of B.
- Seneca Foods Corporation stock has a Value Grade of A.
- The Simply Good Foods Company stock has a Value Grade of B.
Now that you have a bit more background about each of the 6 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.
- 6 Undervalued Food Products Stocks for Friday, February 27
- 5 Undervalued Food Products Stocks for Thursday, February 26
- Which Is a Better Investment, Fresh Del Monte Produce Inc. or Smithfield Foods, Inc. Stock?
- Why Beyond Meat, Inc.’s (BYND) Stock Is Down 5.47%
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.
Included With AAII Platinum
at only 23.3%
Since Inception. Data as of 12/31/2024.
769.3% Stock Superstars Portfolio Total Return Since Inception
U.S. Index ETF (IYY)
SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.
FREE REPORT
BECOME A MEMBER FOR ONLY $2
Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.