Indo Kordsa Tbk vs Armada Berjaya Trans Tbk — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Armada Berjaya Trans Tbk trades at Rp122 (market cap 98.22B, 1.51M 24h volume). The key difference: Indo Kordsa Tbk is far larger — about 20.5× Armada Berjaya Trans Tbk's market cap, and Armada Berjaya Trans Tbk is more actively traded (1.51M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | JAYA | |
|---|---|---|
Market Cap | 2.01T | 98.22B |
Volume | 1.2K | 1.51M |
Lot | 12 | 15.11K |
Turnover | 5.46M | 184.66M |
Average Price | 4,551.67 | 122.18 |
Value | 5.46M | 184.66M |
Indicative Equilibrium Price | — | 122 |
Indicative Equilibrium Volume | — | 45 |
Trailing returns across standard periods
Latest headlines on both assets
PT Indo Kordsa Tbk (the Company) was established in 1981 in Jakarta, PT Branta Mulia Tbk was South East Asian’s first tire cord fabric manufacturer. The Branta Mulia Group has since expanded its vertical integration to include the production facilities of nylon 66 and polyester tire yarns used in the manufacture of tire cord fabrics. The company’s production process applies state of the art technologies in its Indonesian and Thailand tire cord fabric plants. PT Branta Mulia Tbk became a publicly listed company in 1990 when its shares were initially listed on the Jakarta and Surabaya Stock Exchanges. All of the company’s issued shares have been de-listed from PT Bursa Efek Surabaya effective from 5 September 1999.
Read more on BRAM →PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →