MNC Energy Investments Tbk. vs Vale Indonesia Tbk. — how do they compare? MNC Energy Investments Tbk. trades at Rp59 (market cap 1.88T, 99.06M 24h volume), while Vale Indonesia Tbk. trades at Rp4,930 (market cap 51.96T, 9.15M 24h volume). The key difference: Vale Indonesia Tbk. is far larger — about 27.6× MNC Energy Investments Tbk.'s market cap, and MNC Energy Investments Tbk. is more actively traded (99.06M versus 9.15M). Which is the better fit depends on your goals.
| IATA | INCO | |
|---|---|---|
Market Cap | 1.88T | 51.96T |
Volume | 99.06M | 9.15M |
Lot | 990.58K | 91.49K |
Turnover | 5.84B | 44.81B |
Average Price | 58.91 | 4,897.71 |
Value | 5.84B | 44.81B |
Indicative Equilibrium Price | 59 | 4,930 |
Indicative Equilibrium Volume | 7.25K | 7.39K |
Trailing returns across standard periods
Latest headlines on both assets
PT MNC Energy Investments Tbk (“Company”) was established based on Deed No. 14 dated September 10, 1968 of Notary Frederik Alexander Tumbuan. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia, in its Letter No. JA5/18/21 dated April 15, 1969. The Company’s Articles of Association has been amended several times, most recently by Deed No. 102 dated December 15, 2022 of Notary Aulia Taufani SH, Notary in South Jakarta.The Company engaged in investments focusing on the energy sector, particularly coal mining. The Company take over 99,33% of PT Bhakti Coal Resources (“BCR”) shares from PT MNC Asia Holding Tbk. BCR is the parent company of eight coal companies with Mining Business Licenses (IUP) in Musi Banyuasin, South Sumatera. The total mining area is approximately 72.478 Ha with estimated total resources of up to 1.6 billion MT.The Company also has other subsidiaries that developed various types of business, such as mining service and port management through PT MNC Infrastruktur Utama, air charter services through PT Indonesia Air Transport, aircraft repair and maintenance through PT Global Maintenance Facility, and PT Bhakti Migas Resources.
Read more on IATA →PT Vale Indonesia Tbk, formely PT International Nickel Indonesia, was established on July 25, 1968. PT. INCO produces nickel in matte, an intermediate product, from lateritic ores at its integrated mining and processing facilities near Soroako on the island of Sulawesi. The company is owned 58.7 % by Inco Limited of Canada, 20.1 % by Sumitomo Metal Mining Co., Ltd. of Japan.The Company is PMA
Read more on INCO →