Multi Spunindo Jaya Tbk. vs Pelat Timah Nusantara Tbk. — how do they compare? Multi Spunindo Jaya Tbk. trades at Rp408 (market cap 2.4T, 10.59M 24h volume), while Pelat Timah Nusantara Tbk. trades at Rp191 (market cap 479.44B, 3.12M 24h volume). The key difference: Multi Spunindo Jaya Tbk. is far larger — about 5× Pelat Timah Nusantara Tbk.'s market cap, and Multi Spunindo Jaya Tbk. is more actively traded (10.59M versus 3.12M). Which is the better fit depends on your goals.
| MSJA | NIKL | |
|---|---|---|
Market Cap | 2.4T | 479.44B |
Volume | 10.59M | 3.12M |
Lot | 105.89K | 31.23K |
Turnover | 4.29B | 592.35M |
Average Price | 405.26 | 189.66 |
Value | 4.29B | 592.35M |
Indicative Equilibrium Price | 408 | 191 |
Indicative Equilibrium Volume | 3.5K | 258 |
Trailing returns across standard periods
Latest headlines on both assets
PT Multi Spunindo Jaya Tbk (the Company), was established based on Notarial Deed of WahyudiSuyanto, S.H., No. 102 dated March 7, 1997. The Company started its commercial operation in 1999. The Company’s immediate parent company is PT Maju Selaras Jayamerta and the ultimate controlling shareholder of the Company is Sasongko Basuki.
Read more on MSJA →PT Pelat Timah Nusantara Tbk (PT Latinusa) was the first company in Indonesia that produces high-quality tinplate with international standards. PT Latinusa was founded on August 19, 1982 under the Company Act No.45, drawn up before Imas Fatimah, SH, and the current majority shareholder is the Japanese consortium consisting of Nippon Steel Corporation, Mitsui Co.. Ltd.., Nippon Steel Trading Co.., And Metal One. Nippon Steel Corporation is also the provider of our main raw material, Tin Mill Black Plate (TMBP), so the availability of raw materials is always guaranteed.
Read more on NIKL →