Bumi Teknokultura Unggul Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Bumi Teknokultura Unggul Tbk trades at Rp10 (market cap 462.77B, 42.64M 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 119× Bumi Teknokultura Unggul Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (83.26M versus 42.64M). Which is the better fit depends on your goals.
| BTEK | MBMA | |
|---|---|---|
Market Cap | 462.77B | 55.08T |
Volume | 42.64M | 83.26M |
Lot | 426.36K | 832.61K |
Turnover | 454.59M | 43.41B |
Average Price | 10.66 | 521.35 |
Value | 454.59M | 43.41B |
Indicative Equilibrium Price | 10 | 520 |
Indicative Equilibrium Volume | 90.22K | 13.46K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bumi Teknokultura Unggul Tbk (the Company) was established based on notarial deed No.12 dated June 6, 2001 of Rusman, SH., notary in Jakarta. The Minister of Justice of the Republic of Indonesia approved the deed of establishment in his decision dated April 23, 2002 and was published in the State Gazette of the Republic of Indonesia No.80 Supplement No.9565 dated Oct 7, 2003. The latest changes in the articles of association of the Company was based on notarial deed No.51 dated October 21, 2003 of Rini Yulianti SH, notary in Jakarta, regarding with public offering.
Read more on BTEK →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 →