Cakra Buana Resources Energi Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Cakra Buana Resources Energi Tbk. trades at Rp675 (market cap 3.09T, 7.07M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp510 (market cap 59.4T, 121.29M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 19.2× Cakra Buana Resources Energi Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (121.29M versus 7.07M). Which is the better fit depends on your goals.
| CBRE | MBMA | |
|---|---|---|
Market Cap | 3.09T | 59.4T |
Volume | 7.07M | 121.29M |
Lot | 70.65K | 1.21M |
Turnover | 4.78B | 63.44B |
Average Price | 676.32 | 523.02 |
Value | 4.78B | 63.44B |
Indicative Equilibrium Price | 675 | 510 |
Indicative Equilibrium Volume | 1.23K | 35.65K |
Trailing returns across standard periods
Latest headlines on both assets
PT Cakra Buana Resources Energi Tbk (The Company) was established based on Notarial Deed No.5 dated June 17, 2016 of Bonifasius Sulistiyo Wibowo, S.H., M.Kn notary in Jakarta. The Company started its commercial business in 2016.
Read more on CBRE →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 →