Esta Multi Usaha Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Esta Multi Usaha Tbk. trades at Rp173 (market cap 424.44B, 1.66M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 15.18M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 132.3× Esta Multi Usaha Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (15.18M versus 1.66M). Which is the better fit depends on your goals.
| ESTA | MBMA | |
|---|---|---|
Market Cap | 424.44B | 56.16T |
Volume | 1.66M | 15.18M |
Lot | 16.64K | 151.76K |
Turnover | 288.6M | 7.93B |
Average Price | 173.43 | 522.47 |
Value | 288.6M | 7.93B |
Indicative Equilibrium Price | 180 | 525 |
Indicative Equilibrium Volume | 15 | 3.67K |
Trailing returns across standard periods
Latest headlines on both assets
PT Esta Multi Usaha Tbk (the “Company”) was established under the name PT Esta Asri Propertindo, based on Notarial Deed No. 34 dated September 30, 2011 of Kun Hidayat, S.H., notary in Jakarta. The Company started its commercial operations in 2012. Until 2017, the Company only did real estate leasing business activities. In 2018, the Company started its hospitality business activities.Whereas in 2019, the Company commenced vehicle rental business activities without option rights.
Read more on ESTA →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 →