Adaro Energy Indonesia Tbk vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Adaro Energy Indonesia Tbk trades at Rp2,470 (market cap 71.14T, 3.4M 24h volume), while Indofood CBP Sukses Makmur Tbk. trades at Rp7,600 (market cap 88.05T, 1.55M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is the larger of the two by market cap, and Adaro Energy Indonesia Tbk is more actively traded (3.4M versus 1.55M). Which is the better fit depends on your goals.
| ADRO | ICBP | |
|---|---|---|
Market Cap | 71.14T | 88.05T |
Volume | 3.4M | 1.55M |
Lot | 33.98K | 15.47K |
Turnover | 8.4B | 11.78B |
Average Price | 2,473.46 | 7,615.14 |
Value | 8.4B | 11.78B |
Indicative Equilibrium Price | 2,470 | 7,625 |
Indicative Equilibrium Volume | 245.9K | 59 |
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 Indofood CBP Sukses Makmur (the company) was established on Sept 2, 2009, based on Notarial Deed No.25 of Herdimansyah Chaidirsyah, S.H. The Company’s Articles of Association was amended several times, the latest of which was covered in the Notarial Deed no.28 of Benny Kristianto dated Jun 10, 2010, among other, for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.The Company was a spin-off of the noodle division and food ingredient division of PT Indofood Sukses Makmur Tbk, the shareholder of the Company, and started to carry out the related business operations on Oct 1, 2009.
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