Eratex Djaja Tbk. vs Merry Riana Edukasi Tbk. — how do they compare? Eratex Djaja Tbk. trades at Rp190 (market cap 243.16B, 377.8K 24h volume), while Merry Riana Edukasi Tbk. trades at Rp122 (market cap 120.08B, 32.88M 24h volume). The key difference: Eratex Djaja Tbk. is far larger — about 2× Merry Riana Edukasi Tbk.'s market cap, and Merry Riana Edukasi Tbk. is more actively traded (32.88M versus 377.8K). Which is the better fit depends on your goals.
| ERTX | MERI | |
|---|---|---|
Market Cap | 243.16B | 120.08B |
Volume | 377.8K | 32.88M |
Lot | 3.78K | 328.8K |
Turnover | 71.67M | 4.06B |
Average Price | 189.69 | 123.42 |
Value | 71.67M | 4.06B |
Indicative Equilibrium Price | 190 | 122 |
Indicative Equilibrium Volume | 29 | 4.98K |
Trailing returns across standard periods
Latest headlines on both assets
PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →PT. Merry Riana Edukasi Tbk (Company) was established on June 23, 2016 based on the Notarial deed of Tan Susy, S.H., No. 204. The Company started its commercial operations in 2016.
Read more on MERI →