Garuda Indonesia (Persero) Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Garuda Indonesia (Persero) Tbk. trades at Rp53 (market cap 21.17T, 30.41M 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 2.6× Garuda Indonesia (Persero) Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (83.26M versus 30.41M). Which is the better fit depends on your goals.
| GIAA | MBMA | |
|---|---|---|
Market Cap | 21.17T | 55.08T |
Volume | 30.41M | 83.26M |
Lot | 304.11K | 832.61K |
Turnover | 1.59B | 43.41B |
Average Price | 52.22 | 521.35 |
Value | 1.59B | 43.41B |
Indicative Equilibrium Price | 53 | 520 |
Indicative Equilibrium Volume | 527 | 13.46K |
Trailing returns across standard periods
Latest headlines on both assets
The Company is a state-owned airline of the republic of Indonesia and commercial air transportation service provider for passenger, cargo, and other services related to air transportation in Indonesia. The Company also provides services related aviation services, including repairs, maintenance and overhaul (MRO), aircraft, ground services, air tickets reservation and provision, and in fight catering, as well as travel services, tourism and hospitality.The Company was established on March 31, 1950 with the name of Garuda Indonesian Airways NV domiciled in Central Jakarta. In accordance with government regulations, in 1975 the company changed its form a Limited Liability Company (Persero) PT Garuda Indonesian Airways.
Read more on GIAA →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 →