Indo Kordsa Tbk vs Perusahaan Gas Negara Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Perusahaan Gas Negara Tbk. trades at Rp1,490 (market cap 36.12T, 23.7M 24h volume). The key difference: Perusahaan Gas Negara Tbk. is far larger — about 18× Indo Kordsa Tbk's market cap, and Perusahaan Gas Negara Tbk. is more actively traded (23.7M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | PGAS | |
|---|---|---|
Market Cap | 2.01T | 36.12T |
Volume | 1.2K | 23.7M |
Lot | 12 | 237.02K |
Turnover | 5.46M | 35.43B |
Average Price | 4,551.67 | 1,494.62 |
Value | 5.46M | 35.43B |
Indicative Equilibrium Price | — | 1,490 |
Indicative Equilibrium Volume | — | 21.27K |
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 Perusahaan Gas Negara (Persero) (the company) originated from a private Dutch company named Firma L.J.N Eindhoven & Co. Gravenhage, which was established in 1859. The company was named NV. Netherland Indische Gaz Maatscapij when the Dutch took control in 1950. In 1958, when Government of Indonesia took over company, the name was changed to Badan Pengambil Alih Perusahaan-perusahaan Listrik dan Gas (BP3LG), and then became BPU-PLN in 1961. On May 13, 1965, the company was established as a state company and known as PN Gas. In 1984, PN Gas converted into public service enterprices (perum) under the name of Perum Gas. And in 1996 the status of company was changed to PT Perusahaan Gas Negara (Persero).
Read more on PGAS →