Adi Sarana Armada Tbk vs King Tire Indonesia Tbk. — how do they compare? Adi Sarana Armada Tbk trades at Rp605 (market cap 2.16T, 5.69M 24h volume), while King Tire Indonesia Tbk. trades at Rp117 (market cap 407.23B, 398.6K 24h volume). The key difference: Adi Sarana Armada Tbk is far larger — about 5.3× King Tire Indonesia Tbk.'s market cap, and Adi Sarana Armada Tbk is more actively traded (5.69M versus 398.6K). Which is the better fit depends on your goals.
| ASSA | TYRE | |
|---|---|---|
Market Cap | 2.16T | 407.23B |
Volume | 5.69M | 398.6K |
Lot | 56.9K | 3.99K |
Turnover | 3.39B | 47.03M |
Average Price | 595.99 | 117.99 |
Value | 3.39B | 47.03M |
Indicative Equilibrium Price | 605 | 117 |
Indicative Equilibrium Volume | 3.21K | 1 |
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 King Tire Indonesia Tbk (the Company) was established on August 2, 2010 based on Notarial Deed No. 01 of Humberg Lie, S.H., S.E., M.Kn., notary in Jakarta. The Company started its commercial operations in 2011. The Companys immediate parent entity is PT Kingland Investindo Nusantara. The controlling interest of the Company is owned by an individual namely Harris Muliawan.
Read more on TYRE →