Bakrie & Brothers Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Bakrie & Brothers Tbk trades at Rp86 (market cap 15.43T, 771.85M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp520 (market cap 55.08T, 83.26M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 3.6× Bakrie & Brothers Tbk's market cap, and Bakrie & Brothers Tbk is more actively traded (771.85M versus 83.26M). Which is the better fit depends on your goals.
| BNBR | MBMA | |
|---|---|---|
Market Cap | 15.43T | 55.08T |
Volume | 771.85M | 83.26M |
Lot | 7.72M | 832.61K |
Turnover | 66.44B | 43.41B |
Average Price | 86.08 | 521.35 |
Value | 66.44B | 43.41B |
Indicative Equilibrium Price | 86 | 520 |
Indicative Equilibrium Volume | 135.63K | 13.46K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bakrie & Brothers Tbk (the Company) was established in the Republic of Indonesia on March 13, 1951 based on notarial Deed No. 55 of Sie Khwan Djioe under the name of N.V. Bakrie & Brothers. PT Bakrie & Brother, Tbk has extensively diversified its scope of interest and investment and become one of Indonesias premier diversified group of companies. From the Past1959:Pioneered steel pipe manufacturing1973/1985:Expansion into steel structure, metalworking and other infrastructure related businesses1986:Acquisition of Uniroyal Sumatera Plantations1989:Professional management introduced:Telecommunications venture:Listed on JSX1991:Strategic Investment in PTA plant with Mitsubishi Kasei1992:Bakrie Pipe Industries became the first Indonesian company to obtain ISO 9002 certification1993:Licensed to operate Flexible Overlay Network1994:Form strategic alliance with PTT Telecom BV (Netherlands):Completion of major rights issue:Major Investment from American International Group and Japanese investor1995:Acquisition of Link Communications, Australia:Expansion into Uzbekistan Telecommunications1997:Investment in Iridium Global Mobile Personal Satellite systems as the forth largest shareholder1998:Consolidation with the founding shareholders to initiates debt restructuring:Stake at Iridium Global Mobile Personal Satellite sold at a profit2000:Completion of the restructuring process for the Company's debt of US$ 1.089 billion:Ownership at Bakrie Kasei Corporation sold at a profit as part of the debt restructuring
Read more on BNBR →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 →