JB Foods (SGX: BEW) is a company that cultivates cocoa plantations, process cocoa into various ingredients and sells them to large producers of confectionery such as Mars, Hershey, Nestle, Mondelez etc. JB Foods has a market cap of 170 million so this stock is not really for the blue chip fans.
Before I continue, just want to point out that I’m currently invested in this stock so everything I mentioned here is strictly my opinion and not to be taken as any form of investment advice. Please do your own due diligence.
Screenshot from Yahoo Finance
One year after its IPO in 2012, the share price of JB Foods fell by a whopping 80% and remained at low valuation since then. It was only in recent years that it started getting some attention so the price began to slowly go up.
At the point of writing, JB Foods has a PE ratio that is slightly below 5 and dividend yield of 4.11%.