Indofood CBP Sukses Makmur Tbk. vs Wicaksana Overseas International Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp7,125 (market cap 83.67T, 2.21M 24h volume), while Wicaksana Overseas International Tbk. trades at Rp123 (market cap 294.43B). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 284.2× Wicaksana Overseas International Tbk.'s market cap. Which is the better fit depends on your goals.
| ICBP | WICO | |
|---|---|---|
Market Cap | 83.67T | 294.43B |
Volume | 2.21M | — |
Lot | 22.05K | — |
Turnover | 15.7B | — |
Average Price | 7,121.29 | — |
Value | 15.7B | — |
Indicative Equilibrium Price | 7,125 | — |
Indicative Equilibrium Volume | 1.3K | — |
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 Wicaksana Overseas International Tbk (the Company) was established in the Republic of Indonesia on January 19, 1973 based on the Notarial Deed No. 80 of Julian Nimrod Siregar, S.H. The Company began its business with the establishment of PT Djangkar Djati in Medan, North Sumatera in 1964 for importing and exporting consumer goods to Singapore. In the same year, the company was entrusted to distribute BAT cigarettes. In 1973, the distribution business was expanded to distribute imported BAT cigarettes. Since 1973, the business was also expanded to a wider range of products such as candies and snack, beverages, milk powder, instant noodle, jelly and disposable cigarette lighters. In line with the increasing number of product varieties, the company also expanded its distribution areas to big cities in Sumatera, Java and Kalimantan. In this year, the distribution business was transferred to PT Wicaksana Overseas Import, which in 1992 changed its name to PT Wicaksana Overseas International. In 1994, the company conducted a public offering of 20,000,000 shares with a par value of Rp 1,000 per share to the public at price of Rp 3,250 per share. Up to December 1995, the proceeds from the IPO have been fully used in conformity with the companys plan at the time of listing.
Read more on WICO →