Indo Kordsa Tbk vs Telefast Indonesia Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Telefast Indonesia Tbk. trades at Rp179 (market cap 298.33B, 196.5K 24h volume). The key difference: Indo Kordsa Tbk is far larger — about 6.7× Telefast Indonesia Tbk.'s market cap, and Telefast Indonesia Tbk. is more actively traded (196.5K versus 1.2K). Which is the better fit depends on your goals.
| BRAM | TFAS | |
|---|---|---|
Market Cap | 2.01T | 298.33B |
Volume | 1.2K | 196.5K |
Lot | 12 | 1.97K |
Turnover | 5.46M | 35.23M |
Average Price | 4,551.67 | 179.27 |
Value | 5.46M | 35.23M |
Indicative Equilibrium Price | — | 179 |
Indicative Equilibrium Volume | — | 134 |
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 Telefast Indonesia Tbk (the Company) was established based on Notarial Deed No. 5, dated October 17, 2008 of Devi Prihartanti, S.H., public notary in Jakarta. The purpose and objective of Telefast's establishment is to become a retail distribution company that is based on the experience and expertise of the founder Mr. Jody Hedrian in managing Human Resources as a sales and marketing force for Communication products spread throughout the provinces of Banten and Central Java. Through the latest amendment no. 20 dated February 12, 2019 made before notary Ny Rose Takarina, SH which was approved by KEMENKUMHAM RI NO: AHU-0009151.AH.01.02, Telefast has added its business activities to become a provider of human resource solutions.At the end of December 2018, Telefast acquired a digital application and platform company, PT Bilik Sinergi Indonesia (Bilik Kerja). This is done to support the system owned by PT Telefast Indonesia so that it can connect between employers and job seekers in one application. In 2019, Telefast took a corporate action by acquiring PT Emitama Wahana Mandiri (EWM) to strengthen its business structure. EWM is a company provides manpower supply that has been equipped with various licenses.
Read more on TFAS →