Citra Tubindo Tbk. vs Sumber Mineral Global Abadi Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp4,990 (market cap 4.04T, 33.1K 24h volume), while Sumber Mineral Global Abadi Tbk. trades at Rp67 (market cap 595B, 1.3M 24h volume). The key difference: Citra Tubindo Tbk. is far larger — about 6.8× Sumber Mineral Global Abadi Tbk.'s market cap, and Sumber Mineral Global Abadi Tbk. is more actively traded (1.3M versus 33.1K). Which is the better fit depends on your goals.
| CTBN | SMGA | |
|---|---|---|
Market Cap | 4.04T | 595B |
Volume | 33.1K | 1.3M |
Lot | 331 | 13.02K |
Turnover | 165.48M | 88.24M |
Average Price | 4,999.34 | 67.78 |
Value | 165.48M | 88.24M |
Indicative Equilibrium Price | 5,000 | 67 |
Indicative Equilibrium Volume | 2 | 395 |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Tubindo Tbk (the Company) was established on August 23rd, 1983, on Batam Island under the rules of the Domestic Capital Investment (PMDN) the main activities of the Company are seamless pipe processing, end finishing of Oil Country Tubular Goods (OCTG) and fabricating accessories for the Oil and Gas Industry. The Threading and End Finishing plant commenced commercial operation in 1984 and received American Petroleum Institute (API) in the same year. In 1986 the Company installed and put into operation a precision electro-plating plant which also passed the stringent requirements of MEPSI (Mobil Exploration and Production Services Inc.) standards. The Company has also built an assembly line for Drilltec Protectors, to reduce the dependency on overseas supplies. The products of the Company are distributed among domestic and international oil and gas contractors operating in Indonesia, and increasingly exported to contractors working in countries such as Malaysia, India, Vietnam, the Middle East, Japan Canada, Australia, Venezuela and the Philippines.
Read more on CTBN →PT Sumber Mineral Global Abadi Tbk (the Company) was established based on Notarial Deed No. 2 dated October 19, 2016 of Selina Bertha Eny, S.H., a notary in South Tanggerang. The Company started its commercial operations in 2016. The Company’s immediate and ultimate parententities are PT Sumber Global Energy Tbk and PT Sumbermas Inti Energi, respectively, both entities domiciled in Jakarta. The controlling interest of the Company is PT Sumber Global Energy Tbk.
Read more on SMGA →