Adi Sarana Armada Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Adi Sarana Armada Tbk trades at Rp605 (market cap 2.16T, 5.69M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp500 (market cap 53.35T, 46.08M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 24.7× Adi Sarana Armada Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (46.08M versus 5.69M). Which is the better fit depends on your goals.
| ASSA | MBMA | |
|---|---|---|
Market Cap | 2.16T | 53.35T |
Volume | 5.69M | 46.08M |
Lot | 56.9K | 460.83K |
Turnover | 3.39B | 22.73B |
Average Price | 595.99 | 493.21 |
Value | 3.39B | 22.73B |
Indicative Equilibrium Price | 605 | 500 |
Indicative Equilibrium Volume | 3.21K | 35.08K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Adi Sarana Armada (the Company) was established in the Republic of Indonesia on December 17, 1999 based on the Notarial Deed no.56 of Misahardi Wilamarta, S.H. The Company's Articles of Association have been amended several times, the latest of which was covered by Notarial Deed no.11 of Liliek Zaenah, S.H., dated June 26, 2012, about the change in the Company's shareholders.
Read more on ASSA →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →