Resource Alam Indonesia Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Resource Alam Indonesia Tbk trades at Rp278 (market cap 1.36T, 3.94M 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 41.3× Resource Alam Indonesia Tbk's market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 3.94M). Which is the better fit depends on your goals.
| KKGI | MBMA | |
|---|---|---|
Market Cap | 1.36T | 56.16T |
Volume | 3.94M | 48.81M |
Lot | 39.35K | 488.12K |
Turnover | 1.09B | 25.53B |
Average Price | 277.35 | 523.13 |
Value | 1.09B | 25.53B |
Indicative Equilibrium Price | 278 | 525 |
Indicative Equilibrium Volume | 65 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Resource Alam Indonesia Tbk (the Company) was originally established under the name PT Kurnia Kapuas Utama Glue Industries (which was subsequently changed to PT Kurnia Kapuas Utama Tbk). PT Kurnia Kapuas Glue industries founded in 1981 in Pontianak, West Kalimantan and produces formalin and resin. The company supplies glue for plywood factories within the Bumi Raya Utama Group (BRU Group). The company is domestic investment.
Read more on KKGI →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 →