Jasa Armada Indonesia Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Jasa Armada Indonesia Tbk. trades at Rp318 (market cap 1.67T, 278.4K 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 33.6× Jasa Armada Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 278.4K). Which is the better fit depends on your goals.
| IPCM | MBMA | |
|---|---|---|
Market Cap | 1.67T | 56.16T |
Volume | 278.4K | 48.81M |
Lot | 2.78K | 488.12K |
Turnover | 88.12M | 25.53B |
Average Price | 316.53 | 523.13 |
Value | 88.12M | 25.53B |
Indicative Equilibrium Price | 318 | 525 |
Indicative Equilibrium Volume | 6 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Jasa Armada Indonesia (“the Company") was established based on Notarial Deed No. 24 dated July 10, 2013 of Nur Muhammad Dipo Nusantara Pua Upa, S.H., M.Kn., notary in Jakarta. The Company’s parent is PT Pelabuhan Indonesia II (Persero) and the Company’s ultimate parent is the Government of the Republic of Indonesia.
Read more on IPCM →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 →