Compare Krakatau Steel (Persero) Tbk. (KRAS) vs Merdeka Battery Materials Tbk. (MBMA) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Krakatau Steel (Persero) Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Krakatau Steel (Persero) Tbk. trades at Rp230 (market cap 4.33T, 5.43M 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 13× Krakatau Steel (Persero) Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 5.43M). Which is the better fit depends on your goals.
| KRAS | MBMA | |
|---|---|---|
Market Cap | 4.33T | 56.16T |
Volume | 5.43M | 48.81M |
Lot | 54.27K | 488.12K |
Turnover | 1.24B | 25.53B |
Average Price | 228.12 | 523.13 |
Value | 1.24B | 25.53B |
Indicative Equilibrium Price | 230 | 525 |
Indicative Equilibrium Volume | 3.53K | 41.15K |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Top news
Latest headlines on both assets
Top news
Latest headlines on both assets
About Krakatau Steel (Persero) Tbk.
PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →About Merdeka Battery Materials Tbk.
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 →
