Multitrend Indo Tbk vs Krakatau Steel (Persero) Tbk. — how do they compare? Multitrend Indo Tbk trades at Rp174 (market cap 485.32B, 589.3K 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 far larger — about 8.6× Multitrend Indo Tbk's market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (5.77M versus 589.3K). Which is the better fit depends on your goals.
| BABY | KRAS | |
|---|---|---|
Market Cap | 485.32B | 4.18T |
Volume | 589.3K | 5.77M |
Lot | 5.89K | 57.75K |
Turnover | 101.82M | 1.23B |
Average Price | 172.78 | 212.97 |
Value | 101.82M | 1.23B |
Indicative Equilibrium Price | 174 | 216 |
Indicative Equilibrium Volume | 60 | 531 |
Trailing returns across standard periods
Latest headlines on both assets
PT Multitrend Indo Tbk ("Company") was established based on notary deed Drs. Wijanto Suwongso, SH, No. 20 dated September 7, 2004 and has beeen approved by the Ministry of Justice and Human Rights of Republic of Indonesia in its Decision Decree No. C-25996 HT.01.01.TH.2004 dated October 19 2004, and announced in the State Gazette No. 96 dated November 30, 2004, Supplement to the State Gazette of the Republic of Indonesia No. 11708. The Company started its commercial operations in 2004. PT Kanmo Retailindo are the parent entity and the ultimate parent of the Company.
Read more on BABY →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 →