Adaro Energy Indonesia Tbk vs Formosa Ingredient Factory Tbk — how do they compare? Adaro Energy Indonesia Tbk trades at Rp2,530 (market cap 71.14T, 18.03M 24h volume), while Formosa Ingredient Factory Tbk trades at Rp216 (market cap 240.4B, 6.52M 24h volume). The key difference: Adaro Energy Indonesia Tbk is far larger — about 295.9× Formosa Ingredient Factory Tbk's market cap, and Adaro Energy Indonesia Tbk is more actively traded (18.03M versus 6.52M). Which is the better fit depends on your goals.
| ADRO | BOBA | |
|---|---|---|
Market Cap | 71.14T | 240.4B |
Volume | 18.03M | 6.52M |
Lot | 180.27K | 65.17K |
Turnover | 45.19B | 1.46B |
Average Price | 2,506.57 | 224.44 |
Value | 45.19B | 1.46B |
Indicative Equilibrium Price | 2,530 | 216 |
Indicative Equilibrium Volume | 14.97K | 234 |
Trailing returns across standard periods
Latest headlines on both assets
Adaro Energy , PT (the company) was established under its original name of PT Padang Karunia on Jul 28, 2004 then changed to PT Adaro Energy Tbk based on Notaries Deed dated Apr 18, 2008. The deed of establishment was approved by the the Ministry of Justice dated Apr 25, 2008.
Read more on ADRO →PT Formosa Ingredient Factory, Tbk ("Company") was established based on the Deed No. 04 dated April 11, 2016 of Besus Tri Prasetyo, S.H., Notary in Tangerang. The Company started its commercial operations since August 18, 2017.
Read more on BOBA →