Armada Berjaya Trans Tbk vs Multi Bintang Indonesia Tbk. — how do they compare? Armada Berjaya Trans Tbk trades at Rp123 (market cap 97.42B, 1.61M 24h volume), while Multi Bintang Indonesia Tbk. trades at Rp6,325 (market cap 13.33T, 51.1K 24h volume). The key difference: Multi Bintang Indonesia Tbk. is far larger — about 136.8× Armada Berjaya Trans Tbk's market cap, and Armada Berjaya Trans Tbk is more actively traded (1.61M versus 51.1K). Which is the better fit depends on your goals.
| JAYA | MLBI | |
|---|---|---|
Market Cap | 97.42B | 13.33T |
Volume | 1.61M | 51.1K |
Lot | 16.13K | 511 |
Turnover | 198.12M | 322.91M |
Average Price | 122.83 | 6,319.08 |
Value | 198.12M | 322.91M |
Indicative Equilibrium Price | 123 | — |
Indicative Equilibrium Volume | 64 | — |
Trailing returns across standard periods
Latest headlines on both assets
PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →PT Multi Bintang Indonesia Tbk (The Company) was established on June 3, 1929, based on notarial deed No. 8 of Tjeerd Dijkstra, notary public in Medan, under the name of NV Nederlandsch Indische Bierbrouwerijen. The Company is part of the Heineken Group, where the ultimate shareholder is Heineken N.V. (Heineken).
Read more on MLBI →