Argo Pantes Tbk vs Multi Garam Utama Tbk. — how do they compare? Argo Pantes Tbk trades at Rp1,160 (market cap 3.7T, 117.3K 24h volume), while Multi Garam Utama Tbk. trades at Rp193 (market cap 818.27B, 5.25M 24h volume). The key difference: Argo Pantes Tbk is far larger — about 4.5× Multi Garam Utama Tbk.'s market cap, and Multi Garam Utama Tbk. is more actively traded (5.25M versus 117.3K). Which is the better fit depends on your goals.
| ARGO | FOLK | |
|---|---|---|
Market Cap | 3.7T | 818.27B |
Volume | 117.3K | 5.25M |
Lot | 1.17K | 52.5K |
Turnover | 136.3M | 1.02B |
Average Price | 1,161.99 | 194.21 |
Value | 136.3M | 1.02B |
Indicative Equilibrium Price | — | 193 |
Indicative Equilibrium Volume | — | 1.08K |
Trailing returns across standard periods
Latest headlines on both assets
PT Argo Pantes Tbk (the Company) was established on July 12, 1977 based on Deed No. 30 of Darwani Sidi Bakaroedin, S.H., Notary in Jakarta. PT Argo Pantes, one of the largest integrated textile companies in Indonesia. The Company achieved ISO 9002 certification in 1997 from SGS, Indonesia, and is the flagship Company of the Argo Manunggal Group. To date, the Companys export sales has reached 80% from more than 200 international customers in 40 countries worldwide, much as : Levis, Liz Claiborne, Marks & Spencer. NIKE, NEXT, GAP, and Tommy Hilfiger.
Read more on ARGO →PT Multi Garam Utama Tbk (the ”Company”) was established based on Notarial Deed No. 6 of Tri Theresa Tarigan, S.H., M.Kn., dated April 10, 2019.
Read more on FOLK →