Chemstar Indonesia Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Chemstar Indonesia Tbk. trades at Rp65 (market cap 110.5B, 17.69M 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 498.5× Chemstar Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (83.26M versus 17.69M). Which is the better fit depends on your goals.
| CHEM | MBMA | |
|---|---|---|
Market Cap | 110.5B | 55.08T |
Volume | 17.69M | 83.26M |
Lot | 176.91K | 832.61K |
Turnover | 1.16B | 43.41B |
Average Price | 65.44 | 521.35 |
Value | 1.16B | 43.41B |
Indicative Equilibrium Price | 65 | 520 |
Indicative Equilibrium Volume | 1.97K | 13.46K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Chemstar Indonesia Tbk (the “Company") was established based on Notarial Deed No. 7 datedJanuary 30, 2004 of Jusnita Gunawan, S.H. The Company started its commercial operations in 2004.
Read more on CHEM →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 →