Pelat Timah Nusantara Tbk. vs Terregra Asia Energy Tbk. — how do they compare? Pelat Timah Nusantara Tbk. trades at Rp224 (market cap 595.51B, 9.73M 24h volume), while Terregra Asia Energy Tbk. trades at Rp27 (market cap 74.25B). The key difference: Pelat Timah Nusantara Tbk. is far larger — about 8× Terregra Asia Energy Tbk.'s market cap. Which is the better fit depends on your goals.
| NIKL | TGRA | |
|---|---|---|
Market Cap | 595.51B | 74.25B |
Volume | 9.73M | — |
Lot | 97.35K | — |
Turnover | 2.21B | — |
Average Price | 227.38 | — |
Value | 2.21B | — |
Indicative Equilibrium Price | 224 | — |
Indicative Equilibrium Volume | 2.27K | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Terregra Asia Energy Tbk (the Company) formerly was established (PT Mitra Megatama Perkasa) based on Notarial Deed No. 31 dated November 7, 1995 of T. Francisca Teresa N. S.H., a public notary in Denpasar. The Company was established as a Mechanical and Electrical contractor focusing on the power generating sector, primarily working for PLN, Indonesia’s national electricity company. In 2010, MMP made its first investment in power generation, a mini-hydro plant located in Sumatera. MMP became PT. Terregra Asia Energy in 2016 as it shifted its focus to hydro and solar photo-voltaic power generation. Terregra is now constructing a fleet of hydro-generation power plants and both roof-top and utility scale photo-voltaic developments. Working with proven technologies combined with its own experienced development, power engineering and management professionals as well as its own O&M team and partnering with some of the most experienced renewable power developers and technology providers in the world, Terregra is aiming to have over 300 MW of sustainable generation in operation within the next 5 years.
Read more on TGRA →