Equity Development Investment Tbk. vs King Tire Indonesia Tbk. — how do they compare? Equity Development Investment Tbk. trades at Rp90 (market cap 1.39T), while King Tire Indonesia Tbk. trades at Rp114 (market cap 396.79B). The key difference: Equity Development Investment Tbk. is far larger — about 3.5× King Tire Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| GSMF | TYRE | |
|---|---|---|
Market Cap | 1.39T | 396.79B |
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 King Tire Indonesia Tbk (the Company) was established on August 2, 2010 based on Notarial Deed No. 01 of Humberg Lie, S.H., S.E., M.Kn., notary in Jakarta. The Company started its commercial operations in 2011. The Companys immediate parent entity is PT Kingland Investindo Nusantara. The controlling interest of the Company is owned by an individual namely Harris Muliawan.
Read more on TYRE →