Barito Renewables Energy Tbk vs Indofood Sukses Makmur Tbk. — how do they compare? Barito Renewables Energy Tbk trades at Rp3,430 (market cap 452.2T, 21.97M 24h volume), while Indofood Sukses Makmur Tbk. trades at Rp6,750 (market cap 59.49T, 6.44M 24h volume). The key difference: Barito Renewables Energy Tbk is far larger — about 7.6× Indofood Sukses Makmur Tbk.'s market cap, and Barito Renewables Energy Tbk is more actively traded (21.97M versus 6.44M). Which is the better fit depends on your goals.
| BREN | INDF | |
|---|---|---|
Market Cap | 452.2T | 59.49T |
Volume | 21.97M | 6.44M |
Lot | 219.66K | 64.37K |
Turnover | 75.87B | 43.46B |
Average Price | 3,454.14 | 6,750.8 |
Value | 75.87B | 43.46B |
Indicative Equilibrium Price | 3,430 | 6,750 |
Indicative Equilibrium Volume | 8.6K | 2.16K |
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 Sukses Makmur Tbk was established on August 14, 1990 under its original name PT Panganjaya Intikusuma. The Ministry of Justice in its decision letter dated July 12, 1991 approved the deed of establishment. The company’s articles of association has been amended from time to time, the latest of which was covered by notarial deed No. 149 of the same notary dated June 24, 1997 concerning, among others, the increase in the company’s authorized capital stock, the change in the company’s name from PT Indofood Sukses Makmur to PT Indofood Sukses Makmur Tbk, and the change in the company’s corporate life from limited to unlimited period. The Company started its commercial operations in 1990. The company’s shares are listed in the Jakarta and Surabaya Stock Exchanges.
Read more on INDF →