Fortune Indonesia Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Fortune Indonesia Tbk trades at Rp2,090 (market cap 972.32B), while Merdeka Battery Materials Tbk. trades at Rp510 (market cap 55.08T). The key difference: Merdeka Battery Materials Tbk. is far larger — about 56.6× Fortune Indonesia Tbk's market cap. Which is the better fit depends on your goals.
| FORU | MBMA | |
|---|---|---|
Market Cap | 972.32B | 55.08T |
Trailing returns across standard periods
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PT. Fortune Indonesia, Tbk (the Company) was established under its original name of PT Fortune Indonesia Advertising Company based on Notarial Deed No. 5 of Dian Paramita Tamzil, S.H., dated May 5, 1970.
Read more on FORU →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 →