Gunung Raja Paksi Tbk. vs Indah Kiat Pulp & Paper Tbk. — how do they compare? Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T), while Indah Kiat Pulp & Paper Tbk. trades at Rp7,425 (market cap 40.62T). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 11.3× Gunung Raja Paksi Tbk.'s market cap. Which is the better fit depends on your goals.
| GGRP | INKP | |
|---|---|---|
Market Cap | 3.58T | 40.62T |
Indicative Equilibrium Price | 296 | 7,425 |
Indicative Equilibrium Volume | 3 | 20 |
Trailing returns across standard periods
Latest headlines on both assets
PT. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
Read more on GGRP →PT Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
Read more on INKP →