Bali Towerindo Sentra Tbk vs Jaya Real Property Tbk. — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Jaya Real Property Tbk. trades at Rp1,080 (market cap 13.94T, 2.28M 24h volume). The key difference: Jaya Real Property Tbk. is far larger — about 2.8× Bali Towerindo Sentra Tbk's market cap, and Jaya Real Property Tbk. is more actively traded (2.28M versus 1.8K). Which is the better fit depends on your goals.
| BALI | JRPT | |
|---|---|---|
Market Cap | 4.94T | 13.94T |
Volume | 1.8K | 2.28M |
Lot | 18 | 22.78K |
Turnover | 2.2M | 2.45B |
Average Price | 1,221.11 | 1,077.42 |
Value | 2.2M | 2.45B |
Indicative Equilibrium Price | 1,250 | 1,080 |
Indicative Equilibrium Volume | 1 | 15.05K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bali Towerindo Sentra Tbk (the Company) was established on July 6, 2006 based on notarial Deed No. 12 of Triska Damayanti, S.H., Notary in Bali. In 2004, the University of Udayana (the largest university in Bali) has conducted a feasibility study on the communications network infrastructure in Badung regency. The study concluded that the current BTS towers are inefficient and unorganized. As a result, it suggests the multi-tenant BTS towers can be optimized by 49 towers for combined GSM and CDMA transmissions compared to more than 100 single tenant towers at present. Based on this study, the local government has imposed regulations known as Peraturan Bupati Badung No. 62/2006 in conjunctions with regulatory and developments of multi-tenant telecommunication towers in Badung. The objective is to prevent the uncontrollable growth of mostly single-tenant operator-owned BTS towers in Badung regency. Adopting the above concept, BALITOWER has made completion to operate 48 BTS towers spread over in Badung’s strategic location, and it has finished constructing 13 BTS towers in Tabanan. The tower leasing business has also given BALITOWER another business opportunity to provide lease service of high capacity microwave transmission to mobile cellular operators. In 2007, BALITOWER has been awarded an operational license for 20 years by the regional government of Badung and Tabanan municipality in Bali province. The license will allow BALITOWER to be the only tower provider to operate in Badung and Tabanan regency which include tourist’ most favorite landscapes and beaches in Bali such as Kuta. Legian, Seminyak, Nusa Dua and Jimbaran. BALITOWER has spotted a dimensions of investing opportunity not only from the attractiveness of Bali island but also is has captured the opportunity in the growth of telecommunication industry perspective.
Read more on BALI →PT Jaya Real Property Tbk (the Company) was established under Domestic Investment Law on May 25, 1979, based on the notarial deed No. 36 of Hobropoerwanto, S.H., at that time a notary in Jakarta, and amended with notarial deed No. 14 of the same notary as of December 6, 1979.. Jaya Real Property is the largest property company (in terms of market capitalization) listed on the JSX. It is a wholly owned subsidiary of PT Pembangunan Jaya (the Jaya Group), which is the oldest established property developer.
Read more on JRPT →