Bank Danamon Indonesia Tbk vs Equity Development Investment Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Equity Development Investment Tbk. trades at Rp86 (market cap 1.28T, 10.84M 24h volume). The key difference: Bank Danamon Indonesia Tbk is far larger — about 31.3× Equity Development Investment Tbk.'s market cap, and Equity Development Investment Tbk. is more actively traded (10.84M versus 1.96M). Which is the better fit depends on your goals.
| BDMN | GSMF | |
|---|---|---|
Market Cap | 40.06T | 1.28T |
Volume | 1.96M | 10.84M |
Lot | 19.62K | 108.35K |
Turnover | 8.11B | 923.53M |
Average Price | 4,134.3 | 85.23 |
Value | 8.11B | 923.53M |
Indicative Equilibrium Price | 4,150 | 86 |
Indicative Equilibrium Volume | 390 | 2.26K |
Trailing returns across standard periods
Latest headlines on both assets
Bank Danamon (the Bank) domiciled in Jakarta, was established on July 16, 1956, based on the notarial deed No. 134 of Meester Raden Soedja, S.H. The Bank received its permit as a commercial bank the following September 1956, and became a foreign exchange bank in November 1988. During the Asian Financial crisis of 1997, Bank Danamon ran into a liquidity insolvency and was taken over by the government of Indonesia in April 1998, which placed in the care of the Indonesian Bank Restructuring Agency (IBRA) to be included in the bank recapitalization and merger programs. Following a third rights issue by Bank Danamon and the subsequent merging of Bank PDFCI into the Bank on December 30, 1999; the racapitalizaton of Bank Danamon which increased its statutory capital To Rp 10 trillion on May 17, 2000; and the merging of eight private banks (Bank Jaya, Bank Tiara Asia, Bank Pos Nusntara, Bank Rama, Bank Tamara, Bank Nusa Nasional, Bank Duta and Bank Bank Risjad Salim International) into Bank Danamon on June 30, 2000; Bank Danamon re-emerged as one of Indonesia’s four designated core banks along with Bank Central Asia in the private sector, and with Bank andiri and Bank BNI in the Public sector.
Read more on BDMN →PT Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.
Read more on GSMF →