Argo Pantes Tbk vs Sumber Sinergi Makmur Tbk. — how do they compare? Argo Pantes Tbk trades at Rp1,160 (market cap 3.7T, 117.3K 24h volume), while Sumber Sinergi Makmur Tbk. trades at Rp72 (market cap 386.19B, 248.07M 24h volume). The key difference: Argo Pantes Tbk is far larger — about 9.6× Sumber Sinergi Makmur Tbk.'s market cap, and Sumber Sinergi Makmur Tbk. is more actively traded (248.07M versus 117.3K). Which is the better fit depends on your goals.
| ARGO | IOTF | |
|---|---|---|
Market Cap | 3.7T | 386.19B |
Volume | 117.3K | 248.07M |
Lot | 1.17K | 2.48M |
Turnover | 136.3M | 18.39B |
Average Price | 1,161.99 | 74.12 |
Value | 136.3M | 18.39B |
Indicative Equilibrium Price | — | 72 |
Indicative Equilibrium Volume | — | 35.51K |
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 Sumber Sinergi Makmur Tbk (the Company) was established based on Deed Number 88 dated May 19, 2015 of H. Zainuddin, S.H., a notary domiciled in Jakarta. The company started its commercial activities in 2015. The controlling party of the Company and the party who is the ultimate beneficial owner of the Company is Alamsyah.
Read more on IOTF →