Bank Danamon Indonesia Tbk vs Indocement Tunggal Prakarsa Tbk — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Indocement Tunggal Prakarsa Tbk trades at Rp4,490 (market cap 15.79T, 839.6K 24h volume). The key difference: Bank Danamon Indonesia Tbk is far larger — about 2.5× Indocement Tunggal Prakarsa Tbk's market cap, and Bank Danamon Indonesia Tbk is more actively traded (1.96M versus 839.6K). Which is the better fit depends on your goals.
| BDMN | INTP | |
|---|---|---|
Market Cap | 40.06T | 15.79T |
Volume | 1.96M | 839.6K |
Lot | 19.62K | 8.4K |
Turnover | 8.11B | 3.77B |
Average Price | 4,134.3 | 4,490.19 |
Value | 8.11B | 3.77B |
Indicative Equilibrium Price | 4,150 | 4,490 |
Indicative Equilibrium Volume | 390 | 298 |
Trailing returns across standard periods
Latest headlines on both assets
Bank Danamon (the Bank) domiciled in Jakarta, was established on July 16, 1956, based on the notarial deed No. 134 of Meester Raden Soedja, S.H. The Bank received its permit as a commercial bank the following September 1956, and became a foreign exchange bank in November 1988. During the Asian Financial crisis of 1997, Bank Danamon ran into a liquidity insolvency and was taken over by the government of Indonesia in April 1998, which placed in the care of the Indonesian Bank Restructuring Agency (IBRA) to be included in the bank recapitalization and merger programs. Following a third rights issue by Bank Danamon and the subsequent merging of Bank PDFCI into the Bank on December 30, 1999; the racapitalizaton of Bank Danamon which increased its statutory capital To Rp 10 trillion on May 17, 2000; and the merging of eight private banks (Bank Jaya, Bank Tiara Asia, Bank Pos Nusntara, Bank Rama, Bank Tamara, Bank Nusa Nasional, Bank Duta and Bank Bank Risjad Salim International) into Bank Danamon on June 30, 2000; Bank Danamon re-emerged as one of Indonesia’s four designated core banks along with Bank Central Asia in the private sector, and with Bank andiri and Bank BNI in the Public sector.
Read more on BDMN →PT Indocement Tungggal Prakarsa Tbk (The company) was incorporated in Indonesia on January 16, 1985 and the Ministry of Justice approved its deed of incorporation on May 17, 1985. The company’s articles of association have been amended from time to time, the latest of which was covered by notarial deed on august 21, 1997. The amendments made are primarily intended to align the company’s articles of association with the new corporate law No. 1 year 1995. The company started its commercial operations in 1985. the company is domiciled in Jakarta, while its factories are located in Citeureup and Cirebon, West Java. The company and its subsidiaries were a multibusiness group divided into Cement Business as the Group core business, and Other business. The Cement business mainly includes the operation of the eight integrated cement plants at its Citeureup-Bogor site, two integrated cement plants at its Palimanan - Cirebon site with a combined annual capacity of 10.9 million tons, consisting of 10.7 million tons of portland cement and 0.2 million tons of specialty (white and oil well) cements, and its ready mix concrete manufacturing subsudiary. Other business includes, among others, the operations of the company-owned property, Wisma Indosemen, a 23 storey office tower building with over 19,000 square meters of rentable space and two basement car parks and PT Wisma Nusantara International, an equitized subsidiary which owns and operates a 30 storey office building with 26,108 square meters of rentable space and President Hotel, a four star Hotel with 315 rooms. The above mentioned building are located in Jakarta’s central commercial district.
Read more on INTP →