Citra Tubindo Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp4,990 (market cap 4.04T, 44.2K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp530 (market cap 56.16T, 21.42M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 13.9× Citra Tubindo Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (21.42M versus 44.2K). Which is the better fit depends on your goals.
| CTBN | MBMA | |
|---|---|---|
Market Cap | 4.04T | 56.16T |
Volume | 44.2K | 21.42M |
Lot | 442 | 214.21K |
Turnover | 220.93M | 11.21B |
Average Price | 4,998.35 | 523.44 |
Value | 220.93M | 11.21B |
Indicative Equilibrium Price | 5,000 | 525 |
Indicative Equilibrium Volume | 2 | 3.67K |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Tubindo Tbk (the Company) was established on August 23rd, 1983, on Batam Island under the rules of the Domestic Capital Investment (PMDN) the main activities of the Company are seamless pipe processing, end finishing of Oil Country Tubular Goods (OCTG) and fabricating accessories for the Oil and Gas Industry. The Threading and End Finishing plant commenced commercial operation in 1984 and received American Petroleum Institute (API) in the same year. In 1986 the Company installed and put into operation a precision electro-plating plant which also passed the stringent requirements of MEPSI (Mobil Exploration and Production Services Inc.) standards. The Company has also built an assembly line for Drilltec Protectors, to reduce the dependency on overseas supplies. The products of the Company are distributed among domestic and international oil and gas contractors operating in Indonesia, and increasingly exported to contractors working in countries such as Malaysia, India, Vietnam, the Middle East, Japan Canada, Australia, Venezuela and the Philippines.
Read more on CTBN →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 →