Perusahaan Gas Negara Tbk. vs Smart Tbk. — how do they compare? Perusahaan Gas Negara Tbk. trades at Rp1,535 (market cap 37.33T, 51.34M 24h volume), while Smart Tbk. trades at Rp5,475 (market cap 15.94T, 42.8K 24h volume). The key difference: Perusahaan Gas Negara Tbk. is far larger — about 2.3× Smart Tbk.'s market cap, and Perusahaan Gas Negara Tbk. is more actively traded (51.34M versus 42.8K). Which is the better fit depends on your goals.
| PGAS | SMAR | |
|---|---|---|
Market Cap | 37.33T | 15.94T |
Volume | 51.34M | 42.8K |
Lot | 513.37K | 428 |
Turnover | 79.11B | 234.53M |
Average Price | 1,540.93 | 5,479.61 |
Value | 79.11B | 234.53M |
Indicative Equilibrium Price | 1,535 | 5,475 |
Indicative Equilibrium Volume | 13.12K | 21 |
Trailing returns across standard periods
Latest headlines on both assets
PT Perusahaan Gas Negara (Persero) (the company) originated from a private Dutch company named Firma L.J.N Eindhoven & Co. Gravenhage, which was established in 1859. The company was named NV. Netherland Indische Gaz Maatscapij when the Dutch took control in 1950. In 1958, when Government of Indonesia took over company, the name was changed to Badan Pengambil Alih Perusahaan-perusahaan Listrik dan Gas (BP3LG), and then became BPU-PLN in 1961. On May 13, 1965, the company was established as a state company and known as PN Gas. In 1984, PN Gas converted into public service enterprices (perum) under the name of Perum Gas. And in 1996 the status of company was changed to PT Perusahaan Gas Negara (Persero).
Read more on PGAS →The Company began its business under the name of PT Maskapai Perkebunan Sumcama Padang Halaban in 1962. In 1970, the Company was returned to the foreign party and converted its status to PMA (Foreign Capital Investment). Further in 1985, the status of the Company was converted to PMDN (Domestic Capital Investment). The Company then in 1991 changed its name to PT Sinar Mas Agro Resources and Technology Corporation or abbreviated PT SMART Corporation. In 1989, the Company acquired 100% shares of 2 oil palm plantations, PT Maskapai Perkebunan Leidong West Indonesia and PT Perusahaan Perkebunan Panigoran. The Comapany the also acquired 100% shares of PT Maskapai Perkebunan Indorub Sumber Wadung, tea plantation. In 1991, the Company took over 100% shares of PT Nirmala Agung; tea plantation, PT PT Global Agronusa Indonesia; banana plantation, PT Mulyorejo Industrial Company; a producer of cooking oil, margarine and shortening, and acquired a 25% stake in PT Grahamas Indojaya; transportation company. Prior to the public offering in 1992, the Company took over 100% shares of PT Kunci Mas Wijaya, 49% shares of PT Inti Gerakmaju; hybrid coconut and an oil palm plantation, and a 49% shares of PT Tapian Nadenggan; an oil palm plantation. The Company then acquired 50% shares of PT Sinar Meadow International Indonesia; producer of cooking oil, margarine and shortening, and PT Sinar Pure Foods International; a tuna canning operation. In 1993, the Company took over two oil palm plantation, PT Kresna Duta Agroindo which ia located in Jambiand PT Pilinti Perkasa Alam then changed its name to PT Ivo Mas Exim, which is located in Riau.
Read more on SMAR →