Bakrie & Brothers Tbk vs Eratex Djaja Tbk. — how do they compare? Bakrie & Brothers Tbk trades at Rp86 (market cap 15.43T, 771.85M 24h volume), while Eratex Djaja Tbk. trades at Rp147 (market cap 190.41B, 3.3M 24h volume). The key difference: Bakrie & Brothers Tbk is far larger — about 81× Eratex Djaja Tbk.'s market cap, and Bakrie & Brothers Tbk is more actively traded (771.85M versus 3.3M). Which is the better fit depends on your goals.
| BNBR | ERTX | |
|---|---|---|
Market Cap | 15.43T | 190.41B |
Volume | 771.85M | 3.3M |
Lot | 7.72M | 32.95K |
Turnover | 66.44B | 495.03M |
Average Price | 86.08 | 150.22 |
Value | 66.44B | 495.03M |
Indicative Equilibrium Price | 86 | 147 |
Indicative Equilibrium Volume | 135.63K | 424 |
Trailing returns across standard periods
Latest headlines on both assets
PT Bakrie & Brothers Tbk (the Company) was established in the Republic of Indonesia on March 13, 1951 based on notarial Deed No. 55 of Sie Khwan Djioe under the name of N.V. Bakrie & Brothers. PT Bakrie & Brother, Tbk has extensively diversified its scope of interest and investment and become one of Indonesias premier diversified group of companies. From the Past1959:Pioneered steel pipe manufacturing1973/1985:Expansion into steel structure, metalworking and other infrastructure related businesses1986:Acquisition of Uniroyal Sumatera Plantations1989:Professional management introduced:Telecommunications venture:Listed on JSX1991:Strategic Investment in PTA plant with Mitsubishi Kasei1992:Bakrie Pipe Industries became the first Indonesian company to obtain ISO 9002 certification1993:Licensed to operate Flexible Overlay Network1994:Form strategic alliance with PTT Telecom BV (Netherlands):Completion of major rights issue:Major Investment from American International Group and Japanese investor1995:Acquisition of Link Communications, Australia:Expansion into Uzbekistan Telecommunications1997:Investment in Iridium Global Mobile Personal Satellite systems as the forth largest shareholder1998:Consolidation with the founding shareholders to initiates debt restructuring:Stake at Iridium Global Mobile Personal Satellite sold at a profit2000:Completion of the restructuring process for the Company's debt of US$ 1.089 billion:Ownership at Bakrie Kasei Corporation sold at a profit as part of the debt restructuring
Read more on BNBR →PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →