Indofood CBP Sukses Makmur Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,675 (market cap 76.97T, 441K 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp226 (market cap 4.33T, 2.06M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 17.8× Krakatau Steel (Persero) Tbk.'s market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (2.06M versus 441K). Which is the better fit depends on your goals.
| ICBP | KRAS | |
|---|---|---|
Market Cap | 76.97T | 4.33T |
Volume | 441K | 2.06M |
Lot | 4.41K | 20.58K |
Turnover | 2.93B | 460.41M |
Average Price | 6,646.83 | 223.69 |
Value | 2.93B | 460.41M |
Indicative Equilibrium Price | 6,625 | 224 |
Indicative Equilibrium Volume | 54 | 15.8K |
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 Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →