Indah Kiat Pulp & Paper Tbk. vs Armada Berjaya Trans Tbk — how do they compare? Indah Kiat Pulp & Paper Tbk. trades at Rp8,500 (market cap 46.37T, 2.49M 24h volume), while Armada Berjaya Trans Tbk trades at Rp134 (market cap 106.2B, 1.89M 24h volume). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 436.6× Armada Berjaya Trans Tbk's market cap, and Indah Kiat Pulp & Paper Tbk. is more actively traded (2.49M versus 1.89M). Which is the better fit depends on your goals.
| INKP | JAYA | |
|---|---|---|
Market Cap | 46.37T | 106.2B |
Volume | 2.49M | 1.89M |
Lot | 24.91K | 18.94K |
Turnover | 21.22B | 250.46M |
Average Price | 8,516.7 | 132.23 |
Value | 21.22B | 250.46M |
Indicative Equilibrium Price | 8,500 | 134 |
Indicative Equilibrium Volume | 1.49K | 310 |
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 Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →