Jasa Armada Indonesia Tbk. vs Bukit Asam Tbk. — how do they compare? Jasa Armada Indonesia Tbk. trades at Rp304 (market cap 1.61T), while Bukit Asam Tbk. trades at Rp2,350 (market cap 27.07T). The key difference: Bukit Asam Tbk. is far larger — about 16.8× Jasa Armada Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| IPCM | PTBA | |
|---|---|---|
Market Cap | 1.61T | 27.07T |
Indicative Equilibrium Price | 304 | 2,350 |
Indicative Equilibrium Volume | 40 | 287 |
Trailing returns across standard periods
Latest headlines on both assets
PT Jasa Armada Indonesia (“the Company") was established based on Notarial Deed No. 24 dated July 10, 2013 of Nur Muhammad Dipo Nusantara Pua Upa, S.H., M.Kn., notary in Jakarta. The Company’s parent is PT Pelabuhan Indonesia II (Persero) and the Company’s ultimate parent is the Government of the Republic of Indonesia.
Read more on IPCM →PT Bukit Asam (Persero) Tbk was established on March 2nd 1981 in Tanjung Enim as PT. Tambang Batubara Bukit Asam. However the mine working have been exploited since 1919 under Government of Netherland Indie. Take over by Japan on 1942, and nationalized by Indonesian Government on 1945. On October 30th 1990, government merged Perum Tambang Batubara, Sawahlunto in the corporate. On 1983, corporate assigned by government to develop coal briquet. Employees 4021 personnel.
Read more on PTBA →