Ciputra Development Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Ciputra Development Tbk trades at Rp590 (market cap 11.03T, 1.73M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp510 (market cap 55.08T, 23M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 5× Ciputra Development Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (23M versus 1.73M). Which is the better fit depends on your goals.
| CTRA | MBMA | |
|---|---|---|
Market Cap | 11.03T | 55.08T |
Volume | 1.73M | 23M |
Lot | 17.31K | 230.03K |
Turnover | 1.03B | 11.66B |
Average Price | 594.5 | 506.99 |
Value | 1.03B | 11.66B |
Indicative Equilibrium Price | 595 | 510 |
Indicative Equilibrium Volume | 114.6K | 626.6K |
Trailing returns across standard periods
Latest headlines on both assets
PT Ciputra Development Tbk (the Company) was established in the Republic of Indonesia originally under the name PT Citra Habitat Indonesia based on notarial deed No. 22 dated October 22, 1981. Ciputra Developments main interest is in residential and township developments which account for approximately 90% of the companies total sales. The company has nine flagship development projects.
Read more on CTRA →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 →