Bakrieland Development Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Bakrieland Development Tbk. trades at Rp22 (market cap 1T, 28.75M 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp224 (market cap 4.41T, 10.07M 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 4.4× Bakrieland Development Tbk.'s market cap, and Bakrieland Development Tbk. is more actively traded (28.75M versus 10.07M). Which is the better fit depends on your goals.
| ELTY | KRAS | |
|---|---|---|
Market Cap | 1T | 4.41T |
Volume | 28.75M | 10.07M |
Lot | 287.49K | 100.67K |
Turnover | 638.29M | 2.28B |
Average Price | 22.2 | 226.43 |
Value | 638.29M | 2.28B |
Indicative Equilibrium Price | 22 | 224 |
Indicative Equilibrium Volume | 65.62K | 3.88K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bakrieland Development Tbk. (“The Company”) was established with Notarial Deed No. 209 of John Leonard Waworuntu, S.H., dated June 12, 1990. The Company's articles of association have been amended several times, among others, the changes of the Company's name from PT Elang Realty (formerly PT. Purilestari Indah Pratama) Tbk. to PT Bakrieland Development Tbk. which have been notarized by Notarial Deed No. 29 of Harun Kamil, S.H., dated April 3, 1997.
Read more on ELTY →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →