Indofood CBP Sukses Makmur Tbk. vs Golden Flower Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,650 (market cap 76.97T, 489.6K 24h volume), while Golden Flower Tbk. trades at Rp13,025 (market cap 10.11T, 3.7K 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 7.6× Golden Flower Tbk.'s market cap, and Indofood CBP Sukses Makmur Tbk. is more actively traded (489.6K versus 3.7K). Which is the better fit depends on your goals.
| ICBP | POLU | |
|---|---|---|
Market Cap | 76.97T | 10.11T |
Volume | 489.6K | 3.7K |
Lot | 4.9K | 37 |
Turnover | 3.26B | 47.69M |
Average Price | 6,648.64 | 12,887.84 |
Value | 3.26B | 47.69M |
Indicative Equilibrium Price | 6,625 | 13,475 |
Indicative Equilibrium Volume | 54 | 100 |
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 Golden Flower (The Company) was established on Semarang based on Deed of Incorporation No. 11 dated March 7, 1989 Notary Joeni Moeljani, S.H., The Company's Deed of establishment was corrected by Deed No. 26 dated July 10, 1996 by Notary Lenie Sahara Hardjanto Loebis, S.H., the Company name was changed to PT Puspa Sari Kencana. This Deed has been approved by Minister of Justice of the Republic Indonesia through Decree No. C2-9266 HT.01.01.Th.96 and was published in Gazette of the Republic of Indonesia dated April 22, 1997, No. 32. The Company name was changed according to Deed No. 1 dated April 2, 1997 from Notary Lenie Sahara Hardjanto Loebis, S.H., becoming PT Puspa Masindo, and finally the name of the Company changes again to become PT Golden Flower according to deed No. 20 dated October 14, 2004 from Notary Lenie Sahara Hardjanto Loebis, S.H., and was approved by the Minister of Law and Human Rights of the Republic of Indonesia with Decree No. C-11028 HT.01.04.TH.2005 on April 25, 2005.
Read more on POLU →