ESSA Industries Indonesia Tbk. vs Paninvest Tbk. — how do they compare? ESSA Industries Indonesia Tbk. trades at Rp595 (market cap 10.51T, 31.38M 24h volume), while Paninvest Tbk. trades at Rp740 (market cap 2.99T, 29K 24h volume). The key difference: ESSA Industries Indonesia Tbk. is far larger — about 3.5× Paninvest Tbk.'s market cap, and ESSA Industries Indonesia Tbk. is more actively traded (31.38M versus 29K). Which is the better fit depends on your goals.
| ESSA | PNIN | |
|---|---|---|
Market Cap | 10.51T | 2.99T |
Volume | 31.38M | 29K |
Lot | 313.76K | 290 |
Turnover | 18.87B | 21.2M |
Average Price | 601.46 | 731.02 |
Value | 18.87B | 21.2M |
Indicative Equilibrium Price | 605 | — |
Indicative Equilibrium Volume | 9.89K | — |
Trailing returns across standard periods
Latest headlines on both assets
Surya Esa Perkasa, PT (the company) was established based on the Notarial Deed No. 7 dated March 24, 2006 of Hasbullah Abdul Rasyid SH., M.Kn, public notary in Jakarta, within the framework of Domestic Capital Law No. 6 year 1968 Jo Law No. 12 year 1970.
Read more on ESSA →PT Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →