Wijaya Cahaya Timber Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Wijaya Cahaya Timber Tbk. trades at Rp85 (market cap 168.82B, 2.43M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp530 (market cap 56.16T, 25.16M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 332.7× Wijaya Cahaya Timber Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (25.16M versus 2.43M). Which is the better fit depends on your goals.
| FWCT | MBMA | |
|---|---|---|
Market Cap | 168.82B | 56.16T |
Volume | 2.43M | 25.16M |
Lot | 24.33K | 251.58K |
Turnover | 209.82M | 13.18B |
Average Price | 86.25 | 523.8 |
Value | 209.82M | 13.18B |
Indicative Equilibrium Price | 87 | 525 |
Indicative Equilibrium Volume | 30 | 3.67K |
Trailing returns across standard periods
Latest headlines on both assets
PT Wijaya Cahaya Timber Tbk. (“the Company”) was established on March 8, 2017, based on Notarial Deed No.6 dated of Notary Rosdiana, S.H., Notary in Bekasi. PT Fortuna Anugrah Sumber Terpadu, the Company's major shareholder and the ultimate parent entity. The Company started its commercial production in March 2018.
Read more on FWCT →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 →