Multi Garam Utama Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Multi Garam Utama Tbk. trades at Rp218 (market cap 867.37B, 3.7M 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 63.5× Multi Garam Utama Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (83.26M versus 3.7M). Which is the better fit depends on your goals.
| FOLK | MBMA | |
|---|---|---|
Market Cap | 867.37B | 55.08T |
Volume | 3.7M | 83.26M |
Lot | 37.04K | 832.61K |
Turnover | 788.32M | 43.41B |
Average Price | 212.84 | 521.35 |
Value | 788.32M | 43.41B |
Indicative Equilibrium Price | 218 | 520 |
Indicative Equilibrium Volume | 431 | 13.46K |
Trailing returns across standard periods
Latest headlines on both assets
PT Multi Garam Utama Tbk (the ”Company”) was established based on Notarial Deed No. 6 of Tri Theresa Tarigan, S.H., M.Kn., dated April 10, 2019.
Read more on FOLK →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 →