Esta Multi Usaha Tbk. vs Salim Ivomas Pratama Tbk. — how do they compare? Esta Multi Usaha Tbk. trades at Rp175 (market cap 424.44B), while Salim Ivomas Pratama Tbk. trades at Rp545 (market cap 8.45T). The key difference: Salim Ivomas Pratama Tbk. is far larger — about 19.9× Esta Multi Usaha Tbk.'s market cap. Which is the better fit depends on your goals.
| ESTA | SIMP | |
|---|---|---|
Market Cap | 424.44B | 8.45T |
Trailing returns across standard periods
Latest headlines on both assets
PT Esta Multi Usaha Tbk (the “Company”) was established under the name PT Esta Asri Propertindo, based on Notarial Deed No. 34 dated September 30, 2011 of Kun Hidayat, S.H., notary in Jakarta. The Company started its commercial operations in 2012. Until 2017, the Company only did real estate leasing business activities. In 2018, the Company started its hospitality business activities.Whereas in 2019, the Company commenced vehicle rental business activities without option rights.
Read more on ESTA →PT Salim Ivomas Pratama Tbk (the company) was established under its original name of PT Ivomas Pratama base on notarial deed No.65 of Mrs Maria Kidarsa, S.H, dated on 12 Aug, 1992. The Company’s articles of association has been amended several times, most recently by notarial deed No. 46 of Benny Kristianto, S.H., dated Dec 14, 2010, concerning among others, the change in the Company’s name, par value and public offering.
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