Indo Kordsa Tbk vs Midi Utama Indonesia Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Midi Utama Indonesia Tbk. trades at Rp284 (market cap 9.43T, 2.81M 24h volume). The key difference: Midi Utama Indonesia Tbk. is far larger — about 4.7× Indo Kordsa Tbk's market cap, and Midi Utama Indonesia Tbk. is more actively traded (2.81M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | MIDI | |
|---|---|---|
Market Cap | 2.01T | 9.43T |
Volume | 1.2K | 2.81M |
Lot | 12 | 28.1K |
Turnover | 5.46M | 788.78M |
Average Price | 4,551.67 | 280.71 |
Value | 5.46M | 788.78M |
Indicative Equilibrium Price | — | 284 |
Indicative Equilibrium Volume | — | 155 |
Trailing returns across standard periods
Latest headlines on both assets
PT Indo Kordsa Tbk (the Company) was established in 1981 in Jakarta, PT Branta Mulia Tbk was South East Asian’s first tire cord fabric manufacturer. The Branta Mulia Group has since expanded its vertical integration to include the production facilities of nylon 66 and polyester tire yarns used in the manufacture of tire cord fabrics. The company’s production process applies state of the art technologies in its Indonesian and Thailand tire cord fabric plants. PT Branta Mulia Tbk became a publicly listed company in 1990 when its shares were initially listed on the Jakarta and Surabaya Stock Exchanges. All of the company’s issued shares have been de-listed from PT Bursa Efek Surabaya effective from 5 September 1999.
Read more on BRAM →PT Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
Read more on MIDI →