Clipan Finance Indonesia Tbk. vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Clipan Finance Indonesia Tbk. trades at Rp334 (market cap 1.33T), while Indofood CBP Sukses Makmur Tbk. trades at Rp6,600 (market cap 76.97T). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 57.9× Clipan Finance Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| CFIN | ICBP | |
|---|---|---|
Market Cap | 1.33T | 76.97T |
Indicative Equilibrium Price | 336 | 6,625 |
Indicative Equilibrium Volume | 16 | 23 |
Trailing returns across standard periods
Latest headlines on both assets
PT Clipan Finance Indonesia Tbk (the Company) was established on January 15, 1982 based on the notarial deed No.47 of Kartini Muljadi SH. The Deed of establishment was approval by the Ministry of Justice with his decision letter No. C2-396-HT.01Th.82 on August 2, 1982 and was published on State Gazette No.79 dated October 1, 1982, Supplement No.1189. The article of association have been change several times, most recently on June 29 1998 concerning among others, the change in the Authorized capital and par value of share. The Company is located in Jakarta and the branches is in Denpasar. The Company is affiliated by Panin Group.
Read more on CFIN →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.
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