Merdeka Battery Materials Tbk. vs Martina Berto Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Martina Berto Tbk. trades at Rp115 (market cap 124.12B, 2.23M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 452.5× Martina Berto Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 2.23M). Which is the better fit depends on your goals.
| MBMA | MBTO | |
|---|---|---|
Market Cap | 56.16T | 124.12B |
Volume | 48.81M | 2.23M |
Lot | 488.12K | 22.28K |
Turnover | 25.53B | 257.93M |
Average Price | 523.13 | 115.76 |
Value | 25.53B | 257.93M |
Indicative Equilibrium Price | 525 | 115 |
Indicative Equilibrium Volume | 41.15K | 697 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Martina Berto Tbk (the Company) was established in the Republic of Indonesia on 1 June 1977 based on Notarial deed No. 9 of Poppy Savitri Parmanto, S.H. In 1977, PT Matina Berto stands as a home industry with product branded Sariayu. In 1981, the company established the first modern factory on Pulo Ayan, Pulogadung Industrial Estate. In 1986, the second factory was established on Pulo Kambing, Pulogadung Industrial Estate. In 1993, the company acquired cosmetics factory PT Cedefindo as contract manufacturing for internal & external. In 1995, PT Martina Berto III was established in Gunung Putri, Bogor.The Company’s articles of association has been amended several times, most recently by notarial deed No.9 of Yanto W, S.H., dated Sep 27 2010, concerning among others, change in par value, and public offering.
Read more on MBTO →