Sumi Indo Kabel Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Sumi Indo Kabel Tbk. trades at Rp575 (market cap 691.56B, 164.7K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 81.2× Sumi Indo Kabel Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 164.7K). Which is the better fit depends on your goals.
| IKBI | MBMA | |
|---|---|---|
Market Cap | 691.56B | 56.16T |
Volume | 164.7K | 48.81M |
Lot | 1.65K | 488.12K |
Turnover | 95.58M | 25.53B |
Average Price | 580.3 | 523.13 |
Value | 95.58M | 25.53B |
Indicative Equilibrium Price | 575 | 525 |
Indicative Equilibrium Volume | 2 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
The Company was established on July 23, 1981 with its Head Office and Factory located in Tangerang, West Java. The Company was listed in JSX and SSX in 1990. On 1994 the Company changed status of the Company to become Foreign Capital Investment (PMA), right after participation of Sumitomo Electric Industries, Ltd., Japan which is one of the biggest in the world in cable industry and PT Perdanamulia Ekasakti.
Read more on IKBI →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 →