Eratex Djaja Tbk. vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Eratex Djaja Tbk. trades at Rp147 (market cap 190.41B, 3.3M 24h volume), while Indofood CBP Sukses Makmur Tbk. trades at Rp6,600 (market cap 77.55T, 1.5M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 407.3× Eratex Djaja Tbk.'s market cap, and Eratex Djaja Tbk. is more actively traded (3.3M versus 1.5M). Which is the better fit depends on your goals.
| ERTX | ICBP | |
|---|---|---|
Market Cap | 190.41B | 77.55T |
Volume | 3.3M | 1.5M |
Lot | 32.95K | 15.02K |
Turnover | 495.03M | 9.93B |
Average Price | 150.22 | 6,612.5 |
Value | 495.03M | 9.93B |
Indicative Equilibrium Price | 147 | 6,600 |
Indicative Equilibrium Volume | 424 | 3.08K |
Trailing returns across standard periods
Latest headlines on both assets
PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →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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