Bakrieland Development Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Bakrieland Development Tbk. trades at Rp22 (market cap 957.48B, 8.02M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 14.4M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 58.7× Bakrieland Development Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (14.4M versus 8.02M). Which is the better fit depends on your goals.
| ELTY | MBMA | |
|---|---|---|
Market Cap | 957.48B | 56.16T |
Volume | 8.02M | 14.4M |
Lot | 80.22K | 143.98K |
Turnover | 176.49M | 7.52B |
Average Price | 22 | 522.33 |
Value | 176.49M | 7.52B |
Indicative Equilibrium Price | 23 | 525 |
Indicative Equilibrium Volume | 84.92K | 3.67K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bakrieland Development Tbk. (“The Company”) was established with Notarial Deed No. 209 of John Leonard Waworuntu, S.H., dated June 12, 1990. The Company's articles of association have been amended several times, among others, the changes of the Company's name from PT Elang Realty (formerly PT. Purilestari Indah Pratama) Tbk. to PT Bakrieland Development Tbk. which have been notarized by Notarial Deed No. 29 of Harun Kamil, S.H., dated April 3, 1997.
Read more on ELTY →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 →