Indofood CBP Sukses Makmur Tbk. vs Armada Berjaya Trans Tbk — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,600 (market cap 77.55T, 1.5M 24h volume), while Armada Berjaya Trans Tbk trades at Rp122 (market cap 98.22B, 1.51M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 789.6× Armada Berjaya Trans Tbk's market cap, and Armada Berjaya Trans Tbk is more actively traded (1.51M versus 1.5M). Which is the better fit depends on your goals.
| ICBP | JAYA | |
|---|---|---|
Market Cap | 77.55T | 98.22B |
Volume | 1.5M | 1.51M |
Lot | 15.02K | 15.11K |
Turnover | 9.93B | 184.66M |
Average Price | 6,612.5 | 122.18 |
Value | 9.93B | 184.66M |
Indicative Equilibrium Price | 6,600 | 122 |
Indicative Equilibrium Volume | 3.08K | 45 |
Trailing returns across standard periods
Latest headlines on both assets
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.
Read more on ICBP →PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →