Midi Utama Indonesia Tbk. vs Indo Acidatama Tbk — how do they compare? Midi Utama Indonesia Tbk. trades at Rp282 (market cap 9.5T, 1.62M 24h volume), while Indo Acidatama Tbk trades at Rp65 (market cap 391.3B, 31.67M 24h volume). The key difference: Midi Utama Indonesia Tbk. is far larger — about 24.3× Indo Acidatama Tbk's market cap, and Indo Acidatama Tbk is more actively traded (31.67M versus 1.62M). Which is the better fit depends on your goals.
| MIDI | SRSN | |
|---|---|---|
Market Cap | 9.5T | 391.3B |
Volume | 1.62M | 31.67M |
Lot | 16.19K | 316.74K |
Turnover | 454.66M | 2.06B |
Average Price | 280.76 | 64.9 |
Value | 454.66M | 2.06B |
Indicative Equilibrium Price | 282 | 65 |
Indicative Equilibrium Volume | 803 | 1.33K |
Trailing returns across standard periods
Latest headlines on both assets
PT Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
Read more on MIDI →PT Indo Acidatama Tbk formerly PT Sarasa Nugraha Tbk. (Company) was established based on the notarial deed of Sri Rahayu, S.H., No.5 dated December 7, 1982. The deed of establishment was approved by the Ministry of Justice in his decision letter No. C2-1433.HT.01.01.TH.85 dated March 18, 1985. The Company’s articles of association have been amended several times, most recently by deed No.55 dated December 30, 1998 of notary Ny. Indah Fatmawati, S.H., substitute notary of Ny. Fatimah Helmi, S.H., notary in Jakarta to comply with Law No.1 year 1995 on Limited Companies, and with Capital Market Law No.8 year 1995. The amended articles of association were approved by the Minister of Justice of the Republic of Indonesia in his decision letter No.C2-5462.HT.01.04.TH.99 dated March 29,1999.The Company is located in Jl. Raya Serang Km.24. 5i, Balaraja, Tangerang and its factory is located in Cibodas, Tangerang, West Java. The Company started commercial operations on February 1, 1984.
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