Formosa Ingredient Factory Tbk vs Eratex Djaja Tbk. — how do they compare? Formosa Ingredient Factory Tbk trades at Rp236 (market cap 286.63B, 1.22M 24h volume), while Eratex Djaja Tbk. trades at Rp150 (market cap 189.12B, 2.56M 24h volume). The key difference: Formosa Ingredient Factory Tbk is the larger of the two by market cap, and Eratex Djaja Tbk. is more actively traded (2.56M versus 1.22M). Which is the better fit depends on your goals.
| BOBA | ERTX | |
|---|---|---|
Market Cap | 286.63B | 189.12B |
Volume | 1.22M | 2.56M |
Lot | 12.25K | 25.62K |
Turnover | 293.33M | 377M |
Average Price | 239.51 | 147.14 |
Value | 293.33M | 377M |
Indicative Equilibrium Price | 248 | 148 |
Indicative Equilibrium Volume | 300 | 15 |
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 Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →