Eratex Djaja Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Eratex Djaja Tbk. trades at Rp147 (market cap 190.41B, 3.3M 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 289.3× Eratex Djaja Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (83.26M versus 3.3M). Which is the better fit depends on your goals.
| ERTX | MBMA | |
|---|---|---|
Market Cap | 190.41B | 55.08T |
Volume | 3.3M | 83.26M |
Lot | 32.95K | 832.61K |
Turnover | 495.03M | 43.41B |
Average Price | 150.22 | 521.35 |
Value | 495.03M | 43.41B |
Indicative Equilibrium Price | 147 | 520 |
Indicative Equilibrium Volume | 424 | 13.46K |
Trailing returns across standard periods
Latest headlines on both assets
PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
Read more on ERTX →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 →