Argo Pantes Tbk vs Merry Riana Edukasi Tbk. — how do they compare? Argo Pantes Tbk trades at Rp1,160 (market cap 3.7T, 117.3K 24h volume), while Merry Riana Edukasi Tbk. trades at Rp122 (market cap 120.08B, 32.88M 24h volume). The key difference: Argo Pantes Tbk is far larger — about 30.8× Merry Riana Edukasi Tbk.'s market cap, and Merry Riana Edukasi Tbk. is more actively traded (32.88M versus 117.3K). Which is the better fit depends on your goals.
| ARGO | MERI | |
|---|---|---|
Market Cap | 3.7T | 120.08B |
Volume | 117.3K | 32.88M |
Lot | 1.17K | 328.8K |
Turnover | 136.3M | 4.06B |
Average Price | 1,161.99 | 123.42 |
Value | 136.3M | 4.06B |
Indicative Equilibrium Price | — | 122 |
Indicative Equilibrium Volume | — | 4.98K |
Trailing returns across standard periods
Latest headlines on both assets
PT Argo Pantes Tbk (the Company) was established on July 12, 1977 based on Deed No. 30 of Darwani Sidi Bakaroedin, S.H., Notary in Jakarta. PT Argo Pantes, one of the largest integrated textile companies in Indonesia. The Company achieved ISO 9002 certification in 1997 from SGS, Indonesia, and is the flagship Company of the Argo Manunggal Group. To date, the Companys export sales has reached 80% from more than 200 international customers in 40 countries worldwide, much as : Levis, Liz Claiborne, Marks & Spencer. NIKE, NEXT, GAP, and Tommy Hilfiger.
Read more on ARGO →PT. Merry Riana Edukasi Tbk (Company) was established on June 23, 2016 based on the Notarial deed of Tan Susy, S.H., No. 204. The Company started its commercial operations in 2016.
Read more on MERI →