Meratus Jasa Prima Tbk. vs Krakatau Steel (Persero) Tbk. — how do they compare? Meratus Jasa Prima Tbk. trades at Rp212 (market cap 124.48B, 76.1K 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp238 (market cap 4.72T, 3.72M 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 37.9× Meratus Jasa Prima Tbk.'s market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (3.72M versus 76.1K). Which is the better fit depends on your goals.
| KARW | KRAS | |
|---|---|---|
Market Cap | 124.48B | 4.72T |
Volume | 76.1K | 3.72M |
Lot | 761 | 37.21K |
Turnover | — | 889.74M |
Average Price | — | 239.1 |
Value | — | 889.74M |
Indicative Equilibrium Price | — | 238 |
Indicative Equilibrium Volume | — | 1.03K |
Trailing returns across standard periods
Latest headlines on both assets
PT ICTSI Jasa Prima Tbk (the Company) was established in Jakarta under the name PT Karwell Indonesia Knitting & Garment Industry based on Law No. 12 year 1970 regardingdomestic investment based on notarial deed of Soetanto S.H., No. 11 dated February 18, 1978. The company has successfully expanded the business which started in 1978 and the dramatic challenges in the past couple years have inspired the company to become a leader in garment industry with 98% of the products is for export.
Read more on KARW →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 →