Erajaya Swasembada Tbk. vs MNC Energy Investments Tbk. — how do they compare? Erajaya Swasembada Tbk. trades at Rp362 (market cap 5.74T, 26.16M 24h volume), while MNC Energy Investments Tbk. trades at Rp59 (market cap 1.88T, 99.06M 24h volume). The key difference: Erajaya Swasembada Tbk. is far larger — about 3.1× MNC Energy Investments Tbk.'s market cap, and MNC Energy Investments Tbk. is more actively traded (99.06M versus 26.16M). Which is the better fit depends on your goals.
| ERAA | IATA | |
|---|---|---|
Market Cap | 5.74T | 1.88T |
Volume | 26.16M | 99.06M |
Lot | 261.63K | 990.58K |
Turnover | 9.41B | 5.84B |
Average Price | 359.75 | 58.91 |
Value | 9.41B | 5.84B |
Indicative Equilibrium Price | 362 | 59 |
Indicative Equilibrium Volume | 1.96K | 7.25K |
Trailing returns across standard periods
Latest headlines on both assets
PT Erajaya Swasembada Tbk (the Company) was established in Jakarta based on Notarial Deed No.7 of Myra Yuwono, S.H., dated October 8, 1996. Erajaya Group is the official distributor for 10 international mobile communication brands and an authorised partner for major mobile operators. Recently, the Group has launched its own mobile handset under the name of Venera. In 1996, PT Erajaya Swasembada, or Erajaya, the establishment of what we know today as the Erajaya Group, was incorporated.
Read more on ERAA →PT MNC Energy Investments Tbk (“Company”) was established based on Deed No. 14 dated September 10, 1968 of Notary Frederik Alexander Tumbuan. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia, in its Letter No. JA5/18/21 dated April 15, 1969. The Company’s Articles of Association has been amended several times, most recently by Deed No. 102 dated December 15, 2022 of Notary Aulia Taufani SH, Notary in South Jakarta.The Company engaged in investments focusing on the energy sector, particularly coal mining. The Company take over 99,33% of PT Bhakti Coal Resources (“BCR”) shares from PT MNC Asia Holding Tbk. BCR is the parent company of eight coal companies with Mining Business Licenses (IUP) in Musi Banyuasin, South Sumatera. The total mining area is approximately 72.478 Ha with estimated total resources of up to 1.6 billion MT.The Company also has other subsidiaries that developed various types of business, such as mining service and port management through PT MNC Infrastruktur Utama, air charter services through PT Indonesia Air Transport, aircraft repair and maintenance through PT Global Maintenance Facility, and PT Bhakti Migas Resources.
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