Krakatau Steel (Persero) Tbk. vs Martina Berto Tbk. — how do they compare? Krakatau Steel (Persero) Tbk. trades at Rp230 (market cap 4.33T, 5.43M 24h volume), while Martina Berto Tbk. trades at Rp115 (market cap 124.12B, 2.23M 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 34.9× Martina Berto Tbk.'s market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (5.43M versus 2.23M). Which is the better fit depends on your goals.
| KRAS | MBTO | |
|---|---|---|
Market Cap | 4.33T | 124.12B |
Volume | 5.43M | 2.23M |
Lot | 54.27K | 22.28K |
Turnover | 1.24B | 257.93M |
Average Price | 228.12 | 115.76 |
Value | 1.24B | 257.93M |
Indicative Equilibrium Price | 230 | 115 |
Indicative Equilibrium Volume | 3.53K | 697 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Martina Berto Tbk (the Company) was established in the Republic of Indonesia on 1 June 1977 based on Notarial deed No. 9 of Poppy Savitri Parmanto, S.H. In 1977, PT Matina Berto stands as a home industry with product branded Sariayu. In 1981, the company established the first modern factory on Pulo Ayan, Pulogadung Industrial Estate. In 1986, the second factory was established on Pulo Kambing, Pulogadung Industrial Estate. In 1993, the company acquired cosmetics factory PT Cedefindo as contract manufacturing for internal & external. In 1995, PT Martina Berto III was established in Gunung Putri, Bogor.The Company’s articles of association has been amended several times, most recently by notarial deed No.9 of Yanto W, S.H., dated Sep 27 2010, concerning among others, change in par value, and public offering.
Read more on MBTO →