Barito Renewables Energy Tbk vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Barito Renewables Energy Tbk trades at Rp3,490 (market cap 458.89T, 17.21M 24h volume), while Indofood CBP Sukses Makmur Tbk. trades at Rp6,675 (market cap 76.97T, 956.8K 24h volume). The key difference: Barito Renewables Energy Tbk is far larger — about 6× Indofood CBP Sukses Makmur Tbk.'s market cap, and Barito Renewables Energy Tbk is more actively traded (17.21M versus 956.8K). Which is the better fit depends on your goals.
| BREN | ICBP | |
|---|---|---|
Market Cap | 458.89T | 76.97T |
Volume | 17.21M | 956.8K |
Lot | 172.08K | 9.57K |
Turnover | 59.17B | 6.38B |
Average Price | 3,438.64 | 6,663.05 |
Value | 59.17B | 6.38B |
Indicative Equilibrium Price | 3,450 | 6,625 |
Indicative Equilibrium Volume | 1.36K | 54 |
Trailing returns across standard periods
Latest headlines on both assets
PT Barito Renewables Energy Tbk (formerly PT Barito Cahaya Nusantara) (the “Company”) was established based on the Notarial Deed of Nanny Wiana Setiawan, S.H., Notary in Jakarta, No. 3 dated5 February 2018. The direct parent and ultimate parent entity of the Company is PT Barito Pacific Tbk. (Barito).
Read more on BREN →PT Indofood CBP Sukses Makmur (the company) was established on Sept 2, 2009, based on Notarial Deed No.25 of Herdimansyah Chaidirsyah, S.H. The Company’s Articles of Association was amended several times, the latest of which was covered in the Notarial Deed no.28 of Benny Kristianto dated Jun 10, 2010, among other, for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.The Company was a spin-off of the noodle division and food ingredient division of PT Indofood Sukses Makmur Tbk, the shareholder of the Company, and started to carry out the related business operations on Oct 1, 2009.
Read more on ICBP →