Fortune Mate Indonesia Tbk vs Telefast Indonesia Tbk. — how do they compare? Fortune Mate Indonesia Tbk trades at Rp252 (market cap 1.59T, 142.4K 24h volume), while Telefast Indonesia Tbk. trades at Rp179 (market cap 298.33B, 196.5K 24h volume). The key difference: Fortune Mate Indonesia Tbk is far larger — about 5.3× Telefast Indonesia Tbk.'s market cap, and Telefast Indonesia Tbk. is more actively traded (196.5K versus 142.4K). Which is the better fit depends on your goals.
| FMII | TFAS | |
|---|---|---|
Market Cap | 1.59T | 298.33B |
Volume | 142.4K | 196.5K |
Lot | 1.42K | 1.97K |
Turnover | 35.31M | 35.23M |
Average Price | 247.99 | 179.27 |
Value | 35.31M | 35.23M |
Indicative Equilibrium Price | 252 | 179 |
Indicative Equilibrium Volume | 33 | 134 |
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 Telefast Indonesia Tbk (the Company) was established based on Notarial Deed No. 5, dated October 17, 2008 of Devi Prihartanti, S.H., public notary in Jakarta. The purpose and objective of Telefast's establishment is to become a retail distribution company that is based on the experience and expertise of the founder Mr. Jody Hedrian in managing Human Resources as a sales and marketing force for Communication products spread throughout the provinces of Banten and Central Java. Through the latest amendment no. 20 dated February 12, 2019 made before notary Ny Rose Takarina, SH which was approved by KEMENKUMHAM RI NO: AHU-0009151.AH.01.02, Telefast has added its business activities to become a provider of human resource solutions.At the end of December 2018, Telefast acquired a digital application and platform company, PT Bilik Sinergi Indonesia (Bilik Kerja). This is done to support the system owned by PT Telefast Indonesia so that it can connect between employers and job seekers in one application. In 2019, Telefast took a corporate action by acquiring PT Emitama Wahana Mandiri (EWM) to strengthen its business structure. EWM is a company provides manpower supply that has been equipped with various licenses.
Read more on TFAS →