Indonesian Tobacco Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Indonesian Tobacco Tbk. trades at Rp228 (market cap 214.48B), while Merdeka Battery Materials Tbk. trades at Rp510 (market cap 55.08T). The key difference: Merdeka Battery Materials Tbk. is far larger — about 256.8× Indonesian Tobacco Tbk.'s market cap. Which is the better fit depends on your goals.
| ITIC | MBMA | |
|---|---|---|
Market Cap | 214.48B | 55.08T |
Trailing returns across standard periods
Latest headlines on both assets
PT Indonesian Tobacco Tbk (the Company) was established in Notarial Deed No. 25 dated May 16, 1955 of Public Notary H. Chusen Bisri, S.H. under the name of N.V. Indonesian Tobacco & Industrial Company approved by the Minister of Justice of the deed of Establishment Republic of Indonesia in Decision Letter No. J.A.5/61/3 dated June 16, 1955 and was published in State Gazette of the Republic of Indonesia No. 478 dated June 22, 1956, Supplement No. 50.
Read more on ITIC →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 →