Eratex Djaja Tbk. vs Metrodata Electronics Tbk. — how do they compare? Eratex Djaja Tbk. trades at Rp147 (market cap 190.41B, 3.3M 24h volume), while Metrodata Electronics Tbk. trades at Rp515 (market cap 6.32T, 1.39M 24h volume). The key difference: Metrodata Electronics Tbk. is far larger — about 33.2× Eratex Djaja Tbk.'s market cap, and Eratex Djaja Tbk. is more actively traded (3.3M versus 1.39M). Which is the better fit depends on your goals.
| ERTX | MTDL | |
|---|---|---|
Market Cap | 190.41B | 6.32T |
Volume | 3.3M | 1.39M |
Lot | 32.95K | 13.87K |
Turnover | 495.03M | 714.39M |
Average Price | 150.22 | 515.06 |
Value | 495.03M | 714.39M |
Indicative Equilibrium Price | 147 | 515 |
Indicative Equilibrium Volume | 424 | 25 |
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 Metrodata Electronics Tbk was established on February 17, 1983 as a member of the well established METRODATA group, which had been active in information technology since 1975. Originally called PT Sarana Hitech Systems, the company changed its name to PT Metrodata Epsindo on October 10, 1989 and again on March 28, 1991 to become PT Metrodata Electronics Tbk.In response to a more accessible market and more strenuous competition in the electronics industry, the company decided to increase its investment capital and working capital for a number of operational expansions. To achieve this and to enable public participation in its development and growth, the company conducted on Initial Public Offering on February 14, 1990 by selling 1,468,000 shares with a par value of Rp 1,000 per share with an offer price of Rp 6,800 per share. The company ‘s shares were listed on the Jakarta and Surabaya Stock Exchanges. Based on and in line with its Corporate Philosophies : Active Participation in National Development Mutual Trust and Respect Strive for Excellence Quality Customer ServiceHowever, the four core aspects of the electronics industry which from the company’s backbone and cover distribution, service and manufacture, namely : Information Technology; Telecommunications; Consumer Electronics; and Electronic ComponentsHave been expanded and modernized according to advances in technology and changes in market conditions.
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