Indofood Sukses Makmur Tbk. vs Bukit Asam Tbk. — how do they compare? Indofood Sukses Makmur Tbk. trades at Rp6,750 (market cap 59.27T, 4.84M 24h volume), while Bukit Asam Tbk. trades at Rp2,420 (market cap 27.88T, 4.94M 24h volume). The key difference: Indofood Sukses Makmur Tbk. is far larger — about 2.1× Bukit Asam Tbk.'s market cap, and Bukit Asam Tbk. is more actively traded (4.94M versus 4.84M). Which is the better fit depends on your goals.
| INDF | PTBA | |
|---|---|---|
Market Cap | 59.27T | 27.88T |
Volume | 4.84M | 4.94M |
Lot | 48.4K | 49.41K |
Turnover | 32.59B | 11.93B |
Average Price | 6,733.07 | 2,414.82 |
Value | 32.59B | 11.93B |
Indicative Equilibrium Price | 6,750 | 2,420 |
Indicative Equilibrium Volume | 8.72K | 1.82K |
Trailing returns across standard periods
Latest headlines on both assets
PT Indofood Sukses Makmur Tbk was established on August 14, 1990 under its original name PT Panganjaya Intikusuma. The Ministry of Justice in its decision letter dated July 12, 1991 approved the deed of establishment. The company’s articles of association has been amended from time to time, the latest of which was covered by notarial deed No. 149 of the same notary dated June 24, 1997 concerning, among others, the increase in the company’s authorized capital stock, the change in the company’s name from PT Indofood Sukses Makmur to PT Indofood Sukses Makmur Tbk, and the change in the company’s corporate life from limited to unlimited period. The Company started its commercial operations in 1990. The company’s shares are listed in the Jakarta and Surabaya Stock Exchanges.
Read more on INDF →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 →