Barito Renewables Energy Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Barito Renewables Energy Tbk trades at Rp3,430 (market cap 452.2T, 21.97M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp520 (market cap 55.08T, 83.26M 24h volume). The key difference: Barito Renewables Energy Tbk is far larger — about 8.2× Merdeka Battery Materials Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (83.26M versus 21.97M). Which is the better fit depends on your goals.
| BREN | MBMA | |
|---|---|---|
Market Cap | 452.2T | 55.08T |
Volume | 21.97M | 83.26M |
Lot | 219.66K | 832.61K |
Turnover | 75.87B | 43.41B |
Average Price | 3,454.14 | 521.35 |
Value | 75.87B | 43.41B |
Indicative Equilibrium Price | 3,430 | 520 |
Indicative Equilibrium Volume | 8.6K | 13.46K |
Trailing returns across standard periods
Latest headlines on both assets
PT Barito Renewables Energy Tbk (formerly PT Barito Cahaya Nusantara) (the “Company”) was established based on the Notarial Deed of Nanny Wiana Setiawan, S.H., Notary in Jakarta, No. 3 dated5 February 2018. The direct parent and ultimate parent entity of the Company is PT Barito Pacific Tbk. (Barito).
Read more on BREN →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 →