Indofood CBP Sukses Makmur Tbk. vs Midi Utama Indonesia Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp7,550 (market cap 88.05T, 3.35M 24h volume), while Midi Utama Indonesia Tbk. trades at Rp270 (market cap 9.23T, 3.83M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 9.5× Midi Utama Indonesia Tbk.'s market cap, and Midi Utama Indonesia Tbk. is more actively traded (3.83M versus 3.35M). Which is the better fit depends on your goals.
| ICBP | MIDI | |
|---|---|---|
Market Cap | 88.05T | 9.23T |
Volume | 3.35M | 3.83M |
Lot | 33.49K | 38.27K |
Turnover | 25.38B | 1.04B |
Average Price | 7,578.27 | 271.89 |
Value | 25.38B | 1.04B |
Indicative Equilibrium Price | 7,550 | 270 |
Indicative Equilibrium Volume | 767 | 188 |
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 Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
Read more on MIDI →