Formosa Ingredient Factory Tbk vs Budi Starch Sweetener Tbk — how do they compare? Formosa Ingredient Factory Tbk trades at Rp248 (market cap 286.63B), while Budi Starch Sweetener Tbk trades at Rp206 (market cap 926.79B). The key difference: Budi Starch Sweetener Tbk is far larger — about 3.2× Formosa Ingredient Factory Tbk's market cap. Which is the better fit depends on your goals.
| BOBA | BUDI | |
|---|---|---|
Market Cap | 286.63B | 926.79B |
Indicative Equilibrium Price | 248 | — |
Indicative Equilibrium Volume | 3 | — |
Trailing returns across standard periods
Latest headlines on both assets
PT Formosa Ingredient Factory, Tbk ("Company") was established based on the Deed No. 04 dated April 11, 2016 of Besus Tri Prasetyo, S.H., Notary in Tangerang. The Company started its commercial operations since August 18, 2017.
Read more on BOBA →PT Budi Starch & Sweetener Tbk (the Company) formerly Budi Acid Jaya (BAJ) was established based on Notarial Deed No. 15 dated January 15, 1979 of Henk Limanow, SH., public notary in Jakarta. PT Budi Starch & Sweetener Tbk is the world`s largest tapioca starch producer. BAJ is an integrated cassava based manufacturer : citric acid, modified tapioca starch and monosodium glutamate (MSG). It also produces sulphuric acid and poly propelene woven bag.
Read more on BUDI →