Indah Kiat Pulp & Paper Tbk. vs Multi Spunindo Jaya Tbk. — how do they compare? Indah Kiat Pulp & Paper Tbk. trades at Rp7,800 (market cap 40.62T, 5.48M 24h volume), while Multi Spunindo Jaya Tbk. trades at Rp408 (market cap 2.4T, 10.59M 24h volume). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 16.9× Multi Spunindo Jaya Tbk.'s market cap, and Multi Spunindo Jaya Tbk. is more actively traded (10.59M versus 5.48M). Which is the better fit depends on your goals.
| INKP | MSJA | |
|---|---|---|
Market Cap | 40.62T | 2.4T |
Volume | 5.48M | 10.59M |
Lot | 54.8K | 105.89K |
Turnover | 42.41B | 4.29B |
Average Price | 7,738.76 | 405.26 |
Value | 42.41B | 4.29B |
Indicative Equilibrium Price | 7,800 | 408 |
Indicative Equilibrium Volume | 922 | 3.5K |
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 Multi Spunindo Jaya Tbk (the Company), was established based on Notarial Deed of WahyudiSuyanto, S.H., No. 102 dated March 7, 1997. The Company started its commercial operation in 1999. The Company’s immediate parent company is PT Maju Selaras Jayamerta and the ultimate controlling shareholder of the Company is Sasongko Basuki.
Read more on MSJA →