Fortune Mate Indonesia Tbk vs Midi Utama Indonesia Tbk. — how do they compare? Fortune Mate Indonesia Tbk trades at Rp252 (market cap 1.61T), while Midi Utama Indonesia Tbk. trades at Rp284 (market cap 9.5T). The key difference: Midi Utama Indonesia Tbk. is far larger — about 5.9× Fortune Mate Indonesia Tbk's market cap. Which is the better fit depends on your goals.
| FMII | MIDI | |
|---|---|---|
Market Cap | 1.61T | 9.5T |
Trailing returns across standard periods
Latest headlines on both assets
PT Fortune Mate Indonesia Tbk (the Entity) was established within the framework of the Foreign Capital Investment Law (PMA) No. 1 year 1967 based on Notarial Deed No. 44 dated June 24, 1989 by Rika You Soo Shin, S.H., notary in Surabaya. The Entity has started its commercial operations since 1989 comprises the manufacturing of footwear were located in Sidoarjo, East Java and stopped its operation since middle of March 2004. The Entity's office and real estate are located in Surabaya.
Read more on FMII →PT Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
Read more on MIDI →