Meratus Jasa Prima Tbk. vs King Tire Indonesia Tbk. — how do they compare? Meratus Jasa Prima Tbk. trades at Rp212 (market cap 124.48B, 76.1K 24h volume), while King Tire Indonesia Tbk. trades at Rp110 (market cap 396.79B, 13.12M 24h volume). The key difference: King Tire Indonesia Tbk. is far larger — about 3.2× Meratus Jasa Prima Tbk.'s market cap, and King Tire Indonesia Tbk. is more actively traded (13.12M versus 76.1K). Which is the better fit depends on your goals.
| KARW | TYRE | |
|---|---|---|
Market Cap | 124.48B | 396.79B |
Volume | 76.1K | 13.12M |
Lot | 761 | 131.16K |
Turnover | — | 1.6B |
Average Price | — | 122.35 |
Value | — | 1.6B |
Indicative Equilibrium Price | — | 110 |
Indicative Equilibrium Volume | — | 1.51K |
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 King Tire Indonesia Tbk (the Company) was established on August 2, 2010 based on Notarial Deed No. 01 of Humberg Lie, S.H., S.E., M.Kn., notary in Jakarta. The Company started its commercial operations in 2011. The Companys immediate parent entity is PT Kingland Investindo Nusantara. The controlling interest of the Company is owned by an individual namely Harris Muliawan.
Read more on TYRE →