Armada Berjaya Trans Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Armada Berjaya Trans Tbk trades at Rp123 (market cap 97.42B, 1.61M 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 576.5× Armada Berjaya Trans Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.61M). Which is the better fit depends on your goals.
| JAYA | MBMA | |
|---|---|---|
Market Cap | 97.42B | 56.16T |
Volume | 1.61M | 48.81M |
Lot | 16.13K | 488.12K |
Turnover | 198.12M | 25.53B |
Average Price | 122.83 | 523.13 |
Value | 198.12M | 25.53B |
Indicative Equilibrium Price | 123 | 525 |
Indicative Equilibrium Volume | 64 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →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 →