Multi Garam Utama Tbk. vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Multi Garam Utama Tbk. trades at Rp218 (market cap 867.37B, 3.7M 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 89.4× Multi Garam Utama Tbk.'s market cap, and Multi Garam Utama Tbk. is more actively traded (3.7M versus 1.5M). Which is the better fit depends on your goals.
| FOLK | ICBP | |
|---|---|---|
Market Cap | 867.37B | 77.55T |
Volume | 3.7M | 1.5M |
Lot | 37.04K | 15.02K |
Turnover | 788.32M | 9.93B |
Average Price | 212.84 | 6,612.5 |
Value | 788.32M | 9.93B |
Indicative Equilibrium Price | 218 | 6,600 |
Indicative Equilibrium Volume | 431 | 3.08K |
Trailing returns across standard periods
Latest headlines on both assets
PT Multi Garam Utama Tbk (the ”Company”) was established based on Notarial Deed No. 6 of Tri Theresa Tarigan, S.H., M.Kn., dated April 10, 2019.
Read more on FOLK →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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