Bank Danamon Indonesia Tbk vs Hexindo Adiperkasa Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Hexindo Adiperkasa Tbk. trades at Rp4,360 (market cap 3.65T, 203K 24h volume). The key difference: Bank Danamon Indonesia Tbk is far larger — about 11× Hexindo Adiperkasa Tbk.'s market cap, and Bank Danamon Indonesia Tbk is more actively traded (1.96M versus 203K). Which is the better fit depends on your goals.
| BDMN | HEXA | |
|---|---|---|
Market Cap | 40.06T | 3.65T |
Volume | 1.96M | 203K |
Lot | 19.62K | 2.03K |
Turnover | 8.11B | 883.83M |
Average Price | 4,134.3 | 4,353.85 |
Value | 8.11B | 883.83M |
Indicative Equilibrium Price | 4,150 | 4,360 |
Indicative Equilibrium Volume | 390 | 9 |
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 Hexindo Adiperkasa Tbk (the Company) was established on November 28, 1988 based on notarial deed No.37 of Mohamad Ali. The deed of establishment was approved by the Ministry of Justice in its decision letter No. C2-4389.HT.01.01.TH.89 dated May 12, 1989 and was published in Supplement No. 1251 of the State Gazette No.54 dated July7, 1989. Presently, the Company acts as a distributor of certain heavy equipment and related spare parts with the trademark of Hitachi, John Deere and Ammann. The Company’s registration statement for the public offering of its 10 million shares of stocks (with Rp 1000 per value per share) at on offer price of Rp 2,800 per share become affective in accordance with the letter No.S-1958/PM/1994 dated December 5, 1994 issued by the Chairman of the Capital Market Supervisory Agency (BAPEPEAM). The excess of the proceeds over the par value of the shares of stock was recorded as “Capital paid in excess of par value”. The Company’s registration statement for the first limited public offering of 42 million shares to stockholders with pre-emptive rights (with Rp 1,000 per value per share) at an offer price of Rp 1,000 per share became effective in accordance with the letter No.S-1264/PM/1998 dated June 19, 1998 issued by the Chairman of BAPEPAM.
Read more on HEXA →