Fortune Mate Indonesia Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Fortune Mate Indonesia Tbk trades at Rp248 (market cap 1.61T, 27.4K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp530 (market cap 56.16T, 21.16M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 34.9× Fortune Mate Indonesia Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (21.16M versus 27.4K). Which is the better fit depends on your goals.
| FMII | MBMA | |
|---|---|---|
Market Cap | 1.61T | 56.16T |
Volume | 27.4K | 21.16M |
Lot | 274 | 211.57K |
Turnover | 6.81M | 11.07B |
Average Price | 248.36 | 523.41 |
Value | 6.81M | 11.07B |
Indicative Equilibrium Price | 252 | 525 |
Indicative Equilibrium Volume | 100 | 3.67K |
Trailing returns across standard periods
Latest headlines on both assets
PT Fortune Mate Indonesia Tbk (the Entity) was established within the framework of the Foreign Capital Investment Law (PMA) No. 1 year 1967 based on Notarial Deed No. 44 dated June 24, 1989 by Rika You Soo Shin, S.H., notary in Surabaya. The Entity has started its commercial operations since 1989 comprises the manufacturing of footwear were located in Sidoarjo, East Java and stopped its operation since middle of March 2004. The Entity's office and real estate are located in Surabaya.
Read more on FMII →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 →