Indofarma Tbk. vs Terregra Asia Energy Tbk. — how do they compare? Indofarma Tbk. trades at Rp126 (market cap 390.51B), while Terregra Asia Energy Tbk. trades at Rp27 (market cap 74.25B). The key difference: Indofarma Tbk. is far larger — about 5.3× Terregra Asia Energy Tbk.'s market cap. Which is the better fit depends on your goals.
| INAF | TGRA | |
|---|---|---|
Market Cap | 390.51B | 74.25B |
Trailing returns across standard periods
Latest headlines on both assets
PT Indonesia Farma Tbk, known as PT Indofarma (Persero) Tbk (the Company) was established based on Deed No. 1 dated January 2, 1996 as amended by Deed No. 134 dated January 26, 1996 both of Notary Sutjipto, SH. PT. Indofarma, Tbk began as medicine factory well known as "Pabrik Obat Manggarai". Then take over by Japan's Government from Nederland's Government on 1942. On 1950 the Indonesian Government acquisited the factory by Department of Health and functioned as center of pharmacy production for its department. On 1979 the name changed to be Department of Health Center of Pharmacy Production as non Profit institution as main assignment to produced medicine for public service. Then the Company changed the name as PT. Indonesia Farma Tbk, known as PT Indofarma (Persero) Tbk.
Read more on INAF →PT Terregra Asia Energy Tbk (the Company) formerly was established (PT Mitra Megatama Perkasa) based on Notarial Deed No. 31 dated November 7, 1995 of T. Francisca Teresa N. S.H., a public notary in Denpasar. The Company was established as a Mechanical and Electrical contractor focusing on the power generating sector, primarily working for PLN, Indonesia’s national electricity company. In 2010, MMP made its first investment in power generation, a mini-hydro plant located in Sumatera. MMP became PT. Terregra Asia Energy in 2016 as it shifted its focus to hydro and solar photo-voltaic power generation. Terregra is now constructing a fleet of hydro-generation power plants and both roof-top and utility scale photo-voltaic developments. Working with proven technologies combined with its own experienced development, power engineering and management professionals as well as its own O&M team and partnering with some of the most experienced renewable power developers and technology providers in the world, Terregra is aiming to have over 300 MW of sustainable generation in operation within the next 5 years.
Read more on TGRA →