Hoffmen Cleanindo Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Hoffmen Cleanindo Tbk. trades at Rp310 (market cap 806.88B, 4.97M 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 69.6× Hoffmen Cleanindo Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 4.97M). Which is the better fit depends on your goals.
| KING | MBMA | |
|---|---|---|
Market Cap | 806.88B | 56.16T |
Volume | 4.97M | 48.81M |
Lot | 49.67K | 488.12K |
Turnover | 1.58B | 25.53B |
Average Price | 318.57 | 523.13 |
Value | 1.58B | 25.53B |
Indicative Equilibrium Price | 310 | 525 |
Indicative Equilibrium Volume | 376 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Hoffmen Cleanindo Tbk (the Company) was established under the name PT Hoffmen International Service based on Notarial Deed No. 11 dated January 23, 2008 of Adiaty Hadi, S.H., notary in Jakarta. The Company started its commercial operations in 2008.
Read more on KING →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 →