Eratex Djaja Tbk. vs Terregra Asia Energy Tbk. — how do they compare? Eratex Djaja Tbk. trades at Rp181 (market cap 239.3B, 594.1K 24h volume), while Terregra Asia Energy Tbk. trades at Rp27 (market cap 74.25B). The key difference: Eratex Djaja Tbk. is far larger — about 3.2× Terregra Asia Energy Tbk.'s market cap. Which is the better fit depends on your goals.
| ERTX | TGRA | |
|---|---|---|
Market Cap | 239.3B | 74.25B |
Volume | 594.1K | — |
Lot | 5.94K | — |
Turnover | 108.21M | — |
Average Price | 182.14 | — |
Value | 108.21M | — |
Indicative Equilibrium Price | 181 | — |
Indicative Equilibrium Volume | 864 | — |
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 Terregra Asia Energy Tbk (the Company) formerly was established (PT Mitra Megatama Perkasa) based on Notarial Deed No. 31 dated November 7, 1995 of T. Francisca Teresa N. S.H., a public notary in Denpasar. The Company was established as a Mechanical and Electrical contractor focusing on the power generating sector, primarily working for PLN, Indonesia’s national electricity company. In 2010, MMP made its first investment in power generation, a mini-hydro plant located in Sumatera. MMP became PT. Terregra Asia Energy in 2016 as it shifted its focus to hydro and solar photo-voltaic power generation. Terregra is now constructing a fleet of hydro-generation power plants and both roof-top and utility scale photo-voltaic developments. Working with proven technologies combined with its own experienced development, power engineering and management professionals as well as its own O&M team and partnering with some of the most experienced renewable power developers and technology providers in the world, Terregra is aiming to have over 300 MW of sustainable generation in operation within the next 5 years.
Read more on TGRA →