Citatah Tbk. vs Telkom Indonesia (Persero) Tbk. — how do they compare? Citatah Tbk. trades at Rp107 (market cap 134.16B, 1.86M 24h volume), while Telkom Indonesia (Persero) Tbk. trades at Rp2,520 (market cap 249.64T, 11.94M 24h volume). The key difference: Telkom Indonesia (Persero) Tbk. is far larger — about 1860.8× Citatah Tbk.'s market cap, and Telkom Indonesia (Persero) Tbk. is more actively traded (11.94M versus 1.86M). Which is the better fit depends on your goals.
| CTTH | TLKM | |
|---|---|---|
Market Cap | 134.16B | 249.64T |
Volume | 1.86M | 11.94M |
Lot | 18.58K | 119.4K |
Turnover | 200.74M | 30.13B |
Average Price | 108.06 | 2,523.38 |
Value | 200.74M | 30.13B |
Indicative Equilibrium Price | 111 | 2,520 |
Indicative Equilibrium Volume | 144 | 742.1K |
Trailing returns across standard periods
Latest headlines on both assets
Citatah was the first private company to develop Indonesia’s marble resources, and has been involved in the extraction and processing of marble for twenty five years. Established in 1974, the company began mining began mining beige marble from its quarry near Bandung, and subsequently achieved a dominant market position for its material in Indonesia. In January 1996, the company acquired a 90% shareholding in PT Quarindah Ekamaju Marmer, a marble company with quarries and a modern processing plant in Singkep, South Sulawesi. Soon after, Citatah acquired a license to mine an additional quarry at Pingkep, which increased the company’s potential raw material output to 60,000 cubic meters a year. In 1998, Citatah opened its Special Projects Centre at Karawang, East of Jakarta. This processing facility comprises a marble and granite slab cutting and polishing factory alongside a design and fabrication factory, which houses a variety of specialist cutting, shaping and finishing machinery. The special projects center is considered to be one of the most modern and complete stone fabrication factories in the world. In 1999, Citatah began excavation at a 50 hectare quarry site in West Timur. This new quarry produces a unique and attractive beige marble which will become the company’s principal export product for the new millennium. Work has already begun on the necessary infrastructure to fully develop the quarry site. An international sales network of agents and representatives supports Citatah’s production, and a majority owned sales subsidiary, UGMC Inc., in California, USA. In 1999, three quarters of the company’s production was exported, mainly to markets in the Asia Pacific region and the US, an overseas revenues accounted for over 90% of Total Sales, and in 2000, 75% of Total Sales.
Read more on CTTH →Perusahaan perseroan (Persero) PT Telekomunikasi Indonesia Tbk was originally a part of “Post en Telegraafdienst”, which was established in 1884. The government separated postal & telecommunication services in 1965 into two state-owned companies, PN Pos & Giro and PN Telekomunikasi, respectively. In 1974, PN Telekomunikasi was further divided into two state-owned companies, Perusahaan Umum Telekomunikasi (Perumtel) and PT Inti. In 1980, the international telecommunications business was transferred from Perumtel to PT Indonesian Satellite Corporation Tbk (Indosat). In 1991, the Government transformed Perumtel from a “Perusahaan Umum” a state-owned company with public service as its principal corporate purpose into a “Persero”, a state-owned limited liability corporation with commercial purpose and renamed it Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia also known as TELKOM. Vision Telkom strives to enhance the quality of its operations through outstanding service to the people of Indonesia and to distinguish its superiority in telecommunication services by continually expanding and updating its network and by being at the forefront of technologies development and innovation. Mission Telkom’s mission to provide telecommunication services and information networks which are of the highest quality, which are both comprehensive and integrated and which are aimed to providing an optimal level of satisfaction and benefit for Telkom’s customers, shareholders, employees and other stakeholders.
Read more on TLKM →