Argo Pantes Tbk vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Argo Pantes Tbk trades at Rp1,160 (market cap 3.7T, 117.3K 24h volume), while Indofood CBP Sukses Makmur Tbk. trades at Rp7,550 (market cap 88.05T, 3.35M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 23.8× Argo Pantes Tbk's market cap, and Indofood CBP Sukses Makmur Tbk. is more actively traded (3.35M versus 117.3K). Which is the better fit depends on your goals.
| ARGO | ICBP | |
|---|---|---|
Market Cap | 3.7T | 88.05T |
Volume | 117.3K | 3.35M |
Lot | 1.17K | 33.49K |
Turnover | 136.3M | 25.38B |
Average Price | 1,161.99 | 7,578.27 |
Value | 136.3M | 25.38B |
Indicative Equilibrium Price | — | 7,550 |
Indicative Equilibrium Volume | — | 767 |
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 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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