Multitrend Indo Tbk vs Indofood Sukses Makmur Tbk. — how do they compare? Multitrend Indo Tbk trades at Rp174 (market cap 485.32B, 589.3K 24h volume), while Indofood Sukses Makmur Tbk. trades at Rp6,750 (market cap 59.49T, 6.69M 24h volume). The key difference: Indofood Sukses Makmur Tbk. is far larger — about 122.6× Multitrend Indo Tbk's market cap, and Indofood Sukses Makmur Tbk. is more actively traded (6.69M versus 589.3K). Which is the better fit depends on your goals.
| BABY | INDF | |
|---|---|---|
Market Cap | 485.32B | 59.49T |
Volume | 589.3K | 6.69M |
Lot | 5.89K | 66.92K |
Turnover | 101.82M | 45.23B |
Average Price | 172.78 | 6,758.86 |
Value | 101.82M | 45.23B |
Indicative Equilibrium Price | 174 | 6,750 |
Indicative Equilibrium Volume | 60 | 2.32K |
Trailing returns across standard periods
Latest headlines on both assets
PT Multitrend Indo Tbk ("Company") was established based on notary deed Drs. Wijanto Suwongso, SH, No. 20 dated September 7, 2004 and has beeen approved by the Ministry of Justice and Human Rights of Republic of Indonesia in its Decision Decree No. C-25996 HT.01.01.TH.2004 dated October 19 2004, and announced in the State Gazette No. 96 dated November 30, 2004, Supplement to the State Gazette of the Republic of Indonesia No. 11708. The Company started its commercial operations in 2004. PT Kanmo Retailindo are the parent entity and the ultimate parent of the Company.
Read more on BABY →PT Indofood Sukses Makmur Tbk was established on August 14, 1990 under its original name PT Panganjaya Intikusuma. The Ministry of Justice in its decision letter dated July 12, 1991 approved the deed of establishment. The company’s articles of association has been amended from time to time, the latest of which was covered by notarial deed No. 149 of the same notary dated June 24, 1997 concerning, among others, the increase in the company’s authorized capital stock, the change in the company’s name from PT Indofood Sukses Makmur to PT Indofood Sukses Makmur Tbk, and the change in the company’s corporate life from limited to unlimited period. The Company started its commercial operations in 1990. The company’s shares are listed in the Jakarta and Surabaya Stock Exchanges.
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