ESSA Industries Indonesia Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? ESSA Industries Indonesia Tbk. trades at Rp655 (market cap 11.37T, 45.96M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 55.08T, 81.94M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 4.8× ESSA Industries Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (81.94M versus 45.96M). Which is the better fit depends on your goals.
| ESSA | MBMA | |
|---|---|---|
Market Cap | 11.37T | 55.08T |
Volume | 45.96M | 81.94M |
Lot | 459.58K | 819.41K |
Turnover | 30.1B | 42.23B |
Average Price | 654.93 | 515.33 |
Value | 30.1B | 42.23B |
Indicative Equilibrium Price | 655 | 525 |
Indicative Equilibrium Volume | 14.53K | 13.71K |
Trailing returns across standard periods
Latest headlines on both assets
Surya Esa Perkasa, PT (the company) was established based on the Notarial Deed No. 7 dated March 24, 2006 of Hasbullah Abdul Rasyid SH., M.Kn, public notary in Jakarta, within the framework of Domestic Capital Law No. 6 year 1968 Jo Law No. 12 year 1970.
Read more on ESSA →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 →