Indofood CBP Sukses Makmur Tbk. vs King Tire Indonesia Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,675 (market cap 76.97T, 320.7K 24h volume), while King Tire Indonesia Tbk. trades at Rp116 (market cap 389.83B, 358.2K 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 197.4× King Tire Indonesia Tbk.'s market cap, and King Tire Indonesia Tbk. is more actively traded (358.2K versus 320.7K). Which is the better fit depends on your goals.
| ICBP | TYRE | |
|---|---|---|
Market Cap | 76.97T | 389.83B |
Volume | 320.7K | 358.2K |
Lot | 3.21K | 3.58K |
Turnover | 2.13B | 40.37M |
Average Price | 6,637.39 | 112.7 |
Value | 2.13B | 40.37M |
Indicative Equilibrium Price | 6,625 | 112 |
Indicative Equilibrium Volume | 54 | 700 |
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 King Tire Indonesia Tbk (the Company) was established on August 2, 2010 based on Notarial Deed No. 01 of Humberg Lie, S.H., S.E., M.Kn., notary in Jakarta. The Company started its commercial operations in 2011. The Companys immediate parent entity is PT Kingland Investindo Nusantara. The controlling interest of the Company is owned by an individual namely Harris Muliawan.
Read more on TYRE →