Formosa Ingredient Factory Tbk vs Champion Pacific Indonesia Tbk. — how do they compare? Formosa Ingredient Factory Tbk trades at Rp244 (market cap 286.63B, 362.4K 24h volume), while Champion Pacific Indonesia Tbk. trades at Rp420 (market cap 384.1B, 200 24h volume). The key difference: Champion Pacific Indonesia Tbk. is the larger of the two by market cap, and Formosa Ingredient Factory Tbk is more actively traded (362.4K versus 200). Which is the better fit depends on your goals.
| BOBA | IGAR | |
|---|---|---|
Market Cap | 286.63B | 384.1B |
Volume | 362.4K | 200 |
Lot | 3.62K | 2 |
Turnover | 89.02M | 83.4K |
Average Price | 245.65 | 417 |
Value | 89.02M | 83.4K |
Indicative Equilibrium Price | 248 | 414 |
Indicative Equilibrium Volume | 300 | 100 |
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 Champion Pacific Indonesia Tbk (The Company) formerly PT Kageo Igar Jaya was established under the name of PT Igar Jaya based on Notarial deed No. 195 dated October 30, 1975, of Mohamad Said Tadjoedin, SH, Notary in Jakarta. Igar Jaya was founded in October 1975 in the Republic of Indonesia as a joint venture with Owens-Illinois, a leading glass container manufacturer in the United States, initially in the production of glass vial and ampoules to support Indonesia’s pharmaceutical industry. However since 1987, due to customer demand, the Company has expanded to the business of plastic, aluminum foil (flexible packaging) and paper folding carton packaging products as well as disposable syringe not only to meet the needs of Indonesia’s pharmaceutical industry but also its cosmetic and food industries. In 1988, the Company relinquished its joint venture status with a view to entering the global market and today has customers in 14 countries outside Indonesia. These include: Britain, Bangladesh, Canada, Guinea, Malaysia, Mauritius, Pakistan, the Philippines, Saudi Arabia, Singapore, Thailand, Trinidad & Tobago, the United States and Zaire.
Read more on IGAR →