Krakatau Steel (Persero) Tbk. vs Steady Safe Tbk — how do they compare? Krakatau Steel (Persero) Tbk. trades at Rp230 (market cap 4.33T, 5.43M 24h volume), while Steady Safe Tbk trades at Rp370 (market cap 302.2B, 213.8K 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 14.3× Steady Safe Tbk's market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (5.43M versus 213.8K). Which is the better fit depends on your goals.
| KRAS | SAFE | |
|---|---|---|
Market Cap | 4.33T | 302.2B |
Volume | 5.43M | 213.8K |
Lot | 54.27K | 2.14K |
Turnover | 1.24B | 78.49M |
Average Price | 228.12 | 367.12 |
Value | 1.24B | 78.49M |
Indicative Equilibrium Price | 230 | 376 |
Indicative Equilibrium Volume | 3.53K | 2 |
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 Steady Safe is a major transportation company serving Indonesia and primarily the capital, Jakarta. It was established in 1971 under the name “PT Tanda Widjaja Sakti”. In December 1993, in preparation for the public offering of its shares, the company changed its name to PT Steady Safe. The start-up with a license to operate 150 vehicles as taxis for Jakarta has today become a premier mass transportation company. Steady Safe has introduced the Jakarta’s first privately managed air-conditioned buses. At present, the company operates thirteen Pool and workshops in the Greater Jakarta Area for the logistical and technical support of its taxi and bus fleets. Steady Safe is listed in Jakarta Stock Exchange and the Surabaya Stock Exchange with 213,839,600 shares traded under the stock code SAFE.
Read more on SAFE →