Lautan Luas Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Lautan Luas Tbk. trades at Rp780 (market cap 1.19T, 2.2K 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 47.2× Lautan Luas Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 2.2K). Which is the better fit depends on your goals.
| LTLS | MBMA | |
|---|---|---|
Market Cap | 1.19T | 56.16T |
Volume | 2.2K | 48.81M |
Lot | 22 | 488.12K |
Turnover | 1.68M | 25.53B |
Average Price | 765 | 523.13 |
Value | 1.68M | 25.53B |
Indicative Equilibrium Price | 780 | 525 |
Indicative Equilibrium Volume | 1 | 41.15K |
Trailing returns across standard periods
Latest headlines on both assets
PT Lautan Luas Tbk (the Company) was established under the name of Persekutuan Andil Maskapai Dagang dan Industri Lim Teck Lee Coy Ltd (Indonesia) based on notarial deed No. 75 dated January 18, 1951 of Raden Mas Soerojo. PT. Lautan Luas is a distributor and manufacturer - specialty and basic chemical.
Read more on LTLS →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 →