Indah Kiat Pulp & Paper Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Indah Kiat Pulp & Paper Tbk. trades at Rp7,800 (market cap 40.62T, 5.48M 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp230 (market cap 4.33T, 5.43M 24h volume). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 9.4× Krakatau Steel (Persero) Tbk.'s market cap, and Indah Kiat Pulp & Paper Tbk. is more actively traded (5.48M versus 5.43M). Which is the better fit depends on your goals.
| INKP | KRAS | |
|---|---|---|
Market Cap | 40.62T | 4.33T |
Volume | 5.48M | 5.43M |
Lot | 54.8K | 54.27K |
Turnover | 42.41B | 1.24B |
Average Price | 7,738.76 | 228.12 |
Value | 42.41B | 1.24B |
Indicative Equilibrium Price | 7,800 | 230 |
Indicative Equilibrium Volume | 922 | 3.53K |
Trailing returns across standard periods
Latest headlines on both assets
PT Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
Read more on INKP →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).
Read more on KRAS →