Citra Tubindo Tbk. vs Indofood Sukses Makmur Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,050 (market cap 4T, 15.5K 24h volume), while Indofood Sukses Makmur Tbk. trades at Rp6,750 (market cap 59.49T, 6.44M 24h volume). The key difference: Indofood Sukses Makmur Tbk. is far larger — about 14.9× Citra Tubindo Tbk.'s market cap, and Indofood Sukses Makmur Tbk. is more actively traded (6.44M versus 15.5K). Which is the better fit depends on your goals.
| CTBN | INDF | |
|---|---|---|
Market Cap | 4T | 59.49T |
Volume | 15.5K | 6.44M |
Lot | 155 | 64.37K |
Turnover | 79.45M | 43.46B |
Average Price | 5,125.97 | 6,750.8 |
Value | 79.45M | 43.46B |
Indicative Equilibrium Price | 5,050 | 6,750 |
Indicative Equilibrium Volume | 7 | 2.16K |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Tubindo Tbk (the Company) was established on August 23rd, 1983, on Batam Island under the rules of the Domestic Capital Investment (PMDN) the main activities of the Company are seamless pipe processing, end finishing of Oil Country Tubular Goods (OCTG) and fabricating accessories for the Oil and Gas Industry. The Threading and End Finishing plant commenced commercial operation in 1984 and received American Petroleum Institute (API) in the same year. In 1986 the Company installed and put into operation a precision electro-plating plant which also passed the stringent requirements of MEPSI (Mobil Exploration and Production Services Inc.) standards. The Company has also built an assembly line for Drilltec Protectors, to reduce the dependency on overseas supplies. The products of the Company are distributed among domestic and international oil and gas contractors operating in Indonesia, and increasingly exported to contractors working in countries such as Malaysia, India, Vietnam, the Middle East, Japan Canada, Australia, Venezuela and the Philippines.
Read more on CTBN →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.
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