Sumi Indo Kabel Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Sumi Indo Kabel Tbk. trades at Rp565 (market cap 691.56B, 2K 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp226 (market cap 4.33T, 120.4K 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 6.3× Sumi Indo Kabel Tbk.'s market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (120.4K versus 2K). Which is the better fit depends on your goals.
| IKBI | KRAS | |
|---|---|---|
Market Cap | 691.56B | 4.33T |
Volume | 2K | 120.4K |
Lot | 20 | 1.2K |
Turnover | 1.13M | 26.81M |
Average Price | 565.5 | 222.67 |
Value | 1.13M | 26.81M |
Indicative Equilibrium Price | 565 | 224 |
Indicative Equilibrium Volume | 300 | 15.8K |
Trailing returns across standard periods
Latest headlines on both assets
The Company was established on July 23, 1981 with its Head Office and Factory located in Tangerang, West Java. The Company was listed in JSX and SSX in 1990. On 1994 the Company changed status of the Company to become Foreign Capital Investment (PMA), right after participation of Sumitomo Electric Industries, Ltd., Japan which is one of the biggest in the world in cable industry and PT Perdanamulia Ekasakti.
Read more on IKBI →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
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