Telefast Indonesia Tbk. vs King Tire Indonesia Tbk. — how do they compare? Telefast Indonesia Tbk. trades at Rp179 (market cap 300B, 255.2K 24h volume), while King Tire Indonesia Tbk. trades at Rp115 (market cap 400.27B, 194.9K 24h volume). The key difference: King Tire Indonesia Tbk. is the larger of the two by market cap, and Telefast Indonesia Tbk. is more actively traded (255.2K versus 194.9K). Which is the better fit depends on your goals.
| TFAS | TYRE | |
|---|---|---|
Market Cap | 300B | 400.27B |
Volume | 255.2K | 194.9K |
Lot | 2.55K | 1.95K |
Turnover | 45.82M | 22.17M |
Average Price | 179.53 | 113.73 |
Value | 45.82M | 22.17M |
Indicative Equilibrium Price | 182 | 114 |
Indicative Equilibrium Volume | 5 | 21 |
Trailing returns across standard periods
Latest headlines on both assets
PT Telefast Indonesia Tbk (the Company) was established based on Notarial Deed No. 5, dated October 17, 2008 of Devi Prihartanti, S.H., public notary in Jakarta. The purpose and objective of Telefast's establishment is to become a retail distribution company that is based on the experience and expertise of the founder Mr. Jody Hedrian in managing Human Resources as a sales and marketing force for Communication products spread throughout the provinces of Banten and Central Java. Through the latest amendment no. 20 dated February 12, 2019 made before notary Ny Rose Takarina, SH which was approved by KEMENKUMHAM RI NO: AHU-0009151.AH.01.02, Telefast has added its business activities to become a provider of human resource solutions.At the end of December 2018, Telefast acquired a digital application and platform company, PT Bilik Sinergi Indonesia (Bilik Kerja). This is done to support the system owned by PT Telefast Indonesia so that it can connect between employers and job seekers in one application. In 2019, Telefast took a corporate action by acquiring PT Emitama Wahana Mandiri (EWM) to strengthen its business structure. EWM is a company provides manpower supply that has been equipped with various licenses.
Read more on TFAS →PT King Tire Indonesia Tbk (the Company) was established on August 2, 2010 based on Notarial Deed No. 01 of Humberg Lie, S.H., S.E., M.Kn., notary in Jakarta. The Company started its commercial operations in 2011. The Companys immediate parent entity is PT Kingland Investindo Nusantara. The controlling interest of the Company is owned by an individual namely Harris Muliawan.
Read more on TYRE →