Gajah Tunggal Tbk. vs Equity Development Investment Tbk. — how do they compare? Gajah Tunggal Tbk. trades at Rp1,120 (market cap 3.9T), while Equity Development Investment Tbk. trades at Rp85 (market cap 1.31T). The key difference: Gajah Tunggal Tbk. is far larger — about 3× Equity Development Investment Tbk.'s market cap. Which is the better fit depends on your goals.
| GJTL | GSMF | |
|---|---|---|
Market Cap | 3.9T | 1.31T |
Trailing returns across standard periods
Latest headlines on both assets
PT. Gajah Tunggal, Tbk (the Company) was established based on notarial deed No. 54 dated August 24, 1951 of Raden Meester Soewandi, S.H., notary public in Jakarta. The Company is the largest tire manufacturer in Indonesia with 32% market share of four-wheel vehicle tire market and 85% of the motorcycle tire market.
Read more on GJTL →PT Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.
Read more on GSMF →