Indah Kiat Pulp & Paper Tbk. vs Jasa Armada Indonesia Tbk. — how do they compare? Indah Kiat Pulp & Paper Tbk. trades at Rp7,800 (market cap 40.62T, 5.48M 24h volume), while Jasa Armada Indonesia Tbk. trades at Rp318 (market cap 1.67T, 278.4K 24h volume). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 24.3× Jasa Armada Indonesia Tbk.'s market cap, and Indah Kiat Pulp & Paper Tbk. is more actively traded (5.48M versus 278.4K). Which is the better fit depends on your goals.
| INKP | IPCM | |
|---|---|---|
Market Cap | 40.62T | 1.67T |
Volume | 5.48M | 278.4K |
Lot | 54.8K | 2.78K |
Turnover | 42.41B | 88.12M |
Average Price | 7,738.76 | 316.53 |
Value | 42.41B | 88.12M |
Indicative Equilibrium Price | 7,800 | 318 |
Indicative Equilibrium Volume | 922 | 6 |
Trailing returns across standard periods
Latest headlines on both assets
PT Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
Read more on INKP →PT Jasa Armada Indonesia (“the Company") was established based on Notarial Deed No. 24 dated July 10, 2013 of Nur Muhammad Dipo Nusantara Pua Upa, S.H., M.Kn., notary in Jakarta. The Company’s parent is PT Pelabuhan Indonesia II (Persero) and the Company’s ultimate parent is the Government of the Republic of Indonesia.
Read more on IPCM →