Wilmar Cahaya Indonesia Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Wilmar Cahaya Indonesia Tbk. trades at Rp2,150 (market cap 1.29T, 60.9K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 43.5× Wilmar Cahaya Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 60.9K). Which is the better fit depends on your goals.
| CEKA | MBMA | |
|---|---|---|
Market Cap | 1.29T | 56.16T |
Volume | 60.9K | 48.81M |
Lot | 609 | 488.12K |
Turnover | 130.73M | 25.53B |
Average Price | 2,146.7 | 523.13 |
Value | 130.73M | 25.53B |
Indicative Equilibrium Price | 2,150 | 525 |
Indicative Equilibrium Volume | 3 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Cahaya Kalbar Tbk (the Company), has been engaged in the edible oil business since 1968. The factory in Pluit Jakarta, was built in 1972 with the initial purposes to produce Cooking Oil and Margarine. In 1992, the Company has succeeded in penetrating the international Specialty Fats market. In the end of 1995, the Company acquired the full ownership of PT Inticocoa Abadi Industri located at Jababeka Industrial Estate I Cikarang, Bekasi – West Java, which produces Pure Prime Pressed Cocoa Butter, Cocoa Mass, Natural Cocoa Cake, and Natural Cocoa Powder. In 1997, the Company acquired ownership of PT Mintawi factory and several individual lands located in Pontianak, West Kalimantan. This factory produces lllipe Butter, Shea Fat, Cooking Oil, Palm Kernel Oil, and their fractions.
Read more on CEKA →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 →