Indah Kiat Pulp & Paper Tbk. vs Paninvest Tbk. — how do they compare? Indah Kiat Pulp & Paper Tbk. trades at Rp7,800 (market cap 40.62T, 5.48M 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 2.99T, 166.3K 24h volume). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 13.6× Paninvest Tbk.'s market cap, and Indah Kiat Pulp & Paper Tbk. is more actively traded (5.48M versus 166.3K). Which is the better fit depends on your goals.
| INKP | PNIN | |
|---|---|---|
Market Cap | 40.62T | 2.99T |
Volume | 5.48M | 166.3K |
Lot | 54.8K | 1.66K |
Turnover | 42.41B | 121.48M |
Average Price | 7,738.76 | 730.5 |
Value | 42.41B | 121.48M |
Indicative Equilibrium Price | 7,800 | 735 |
Indicative Equilibrium Volume | 922 | 5 |
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 Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →