Formosa Ingredient Factory Tbk vs Paninvest Tbk. — how do they compare? Formosa Ingredient Factory Tbk trades at Rp244 (market cap 286.63B, 326K 24h volume), while Paninvest Tbk. trades at Rp740 (market cap 2.99T, 18.5K 24h volume). The key difference: Paninvest Tbk. is far larger — about 10.4× Formosa Ingredient Factory Tbk's market cap, and Formosa Ingredient Factory Tbk is more actively traded (326K versus 18.5K). Which is the better fit depends on your goals.
| BOBA | PNIN | |
|---|---|---|
Market Cap | 286.63B | 2.99T |
Volume | 326K | 18.5K |
Lot | 3.26K | 185 |
Turnover | 80.14M | 13.43M |
Average Price | 245.83 | 726.05 |
Value | 80.14M | 13.43M |
Indicative Equilibrium Price | 248 | — |
Indicative Equilibrium Volume | 300 | — |
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 Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →