Equity Development Investment Tbk. vs Pelat Timah Nusantara Tbk. — how do they compare? Equity Development Investment Tbk. trades at Rp85 (market cap 1.31T), while Pelat Timah Nusantara Tbk. trades at Rp190 (market cap 479.44B). The key difference: Equity Development Investment Tbk. is far larger — about 2.7× Pelat Timah Nusantara Tbk.'s market cap. Which is the better fit depends on your goals.
| GSMF | NIKL | |
|---|---|---|
Market Cap | 1.31T | 479.44B |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Pelat Timah Nusantara Tbk (PT Latinusa) was the first company in Indonesia that produces high-quality tinplate with international standards. PT Latinusa was founded on August 19, 1982 under the Company Act No.45, drawn up before Imas Fatimah, SH, and the current majority shareholder is the Japanese consortium consisting of Nippon Steel Corporation, Mitsui Co.. Ltd.., Nippon Steel Trading Co.., And Metal One. Nippon Steel Corporation is also the provider of our main raw material, Tin Mill Black Plate (TMBP), so the availability of raw materials is always guaranteed.
Read more on NIKL →