Adi Sarana Armada Tbk vs Krakatau Steel (Persero) Tbk. — how do they compare? Adi Sarana Armada Tbk trades at Rp605 (market cap 2.16T, 5.69M 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp216 (market cap 4.18T, 5.77M 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is the larger of the two by market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (5.77M versus 5.69M). Which is the better fit depends on your goals.
| ASSA | KRAS | |
|---|---|---|
Market Cap | 2.16T | 4.18T |
Volume | 5.69M | 5.77M |
Lot | 56.9K | 57.75K |
Turnover | 3.39B | 1.23B |
Average Price | 595.99 | 212.97 |
Value | 3.39B | 1.23B |
Indicative Equilibrium Price | 605 | 216 |
Indicative Equilibrium Volume | 3.21K | 531 |
Trailing returns across standard periods
Latest headlines on both assets
PT. Adi Sarana Armada (the Company) was established in the Republic of Indonesia on December 17, 1999 based on the Notarial Deed no.56 of Misahardi Wilamarta, S.H. The Company's Articles of Association have been amended several times, the latest of which was covered by Notarial Deed no.11 of Liliek Zaenah, S.H., dated June 26, 2012, about the change in the Company's shareholders.
Read more on ASSA →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →