Indofood CBP Sukses Makmur Tbk. vs Bukit Asam Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,600 (market cap 77.55T, 1.5M 24h volume), while Bukit Asam Tbk. trades at Rp2,420 (market cap 27.88T, 6.31M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 2.8× Bukit Asam Tbk.'s market cap, and Bukit Asam Tbk. is more actively traded (6.31M versus 1.5M). Which is the better fit depends on your goals.
| ICBP | PTBA | |
|---|---|---|
Market Cap | 77.55T | 27.88T |
Volume | 1.5M | 6.31M |
Lot | 15.02K | 63.09K |
Turnover | 9.93B | 15.2B |
Average Price | 6,612.5 | 2,409.78 |
Value | 9.93B | 15.2B |
Indicative Equilibrium Price | 6,600 | 2,420 |
Indicative Equilibrium Volume | 3.08K | 3.16K |
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 Bukit Asam (Persero) Tbk was established on March 2nd 1981 in Tanjung Enim as PT. Tambang Batubara Bukit Asam. However the mine working have been exploited since 1919 under Government of Netherland Indie. Take over by Japan on 1942, and nationalized by Indonesian Government on 1945. On October 30th 1990, government merged Perum Tambang Batubara, Sawahlunto in the corporate. On 1983, corporate assigned by government to develop coal briquet. Employees 4021 personnel.
Read more on PTBA →