Elnusa Tbk. vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Elnusa Tbk. trades at Rp650 (market cap 4.74T), 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 16.2× Elnusa Tbk.'s market cap. Which is the better fit depends on your goals.
| ELSA | ICBP | |
|---|---|---|
Market Cap | 4.74T | 76.97T |
Trailing returns across standard periods
Latest headlines on both assets
PT Elnusa Tbk (Company) was established under the name of PT Elektronika Nusantara on January 25, 1969 based on notarial deed No.18 of Tan Thong Kie, S.H., dated January 25, 1969, as amended by notarial deed No. 10 of the same notary dated February 13, 1969. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Soegeng Santosa, S.H., dated Jan 7, 2002, concerning among others, the change in the Company’s name and public offering.
Read more on ELSA →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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