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FOREIGN VALUE: Diageo
Ticker: DEO

Market cap (billions): $50.0
P/E ratio*: 17
Earnings growth**: 17%
Dividend yield: 2.6%

London-based Diageo is the world's leading alcoholic-beverage company. It owns nearly half of the top 20 spirits brands, including Guinness, Smirnoff and Captain Morgan. Sales increased 7% over the last three quarters, and the company is on track to see profit grow 9% for the full fiscal year. In the cash-strapped U.S. market, sales rose 8% over the first half of the year.

NEXT: FOREIGN VALUE: Novartis
Last updated June 20 2008: 2:35 PM ET
Criteria include low price/earnings and price/book ratios relative to competitors, rising profit margins, and accelerating earnings growth.
*Based on previous 12-months' reported earnings. **Wall Street estimates for the next three years.
Source: Zacks Investment Research
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