Sumber Sinergi Makmur Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Sumber Sinergi Makmur Tbk. trades at Rp53 (market cap 280.39B, 8.19M 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp230 (market cap 4.33T, 5.43M 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 15.4× Sumber Sinergi Makmur Tbk.'s market cap, and Sumber Sinergi Makmur Tbk. is more actively traded (8.19M versus 5.43M). Which is the better fit depends on your goals.
| IOTF | KRAS | |
|---|---|---|
Market Cap | 280.39B | 4.33T |
Volume | 8.19M | 5.43M |
Lot | 81.95K | 54.27K |
Turnover | 427.34M | 1.24B |
Average Price | 52.15 | 228.12 |
Value | 427.34M | 1.24B |
Indicative Equilibrium Price | 53 | 230 |
Indicative Equilibrium Volume | 1.14K | 3.53K |
Trailing returns across standard periods
Latest headlines on both assets
PT Sumber Sinergi Makmur Tbk (the Company) was established based on Deed Number 88 dated May 19, 2015 of H. Zainuddin, S.H., a notary domiciled in Jakarta. The company started its commercial activities in 2015. The controlling party of the Company and the party who is the ultimate beneficial owner of the Company is Alamsyah.
Read more on IOTF →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 →