Merdeka Battery Materials Tbk. vs Multi Hanna Kreasindo Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Multi Hanna Kreasindo Tbk. trades at Rp137 (market cap 510B, 7.95M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 110.1× Multi Hanna Kreasindo Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 7.95M). Which is the better fit depends on your goals.
| MBMA | MHKI | |
|---|---|---|
Market Cap | 56.16T | 510B |
Volume | 48.81M | 7.95M |
Lot | 488.12K | 79.48K |
Turnover | 25.53B | 1.1B |
Average Price | 523.13 | 138.19 |
Value | 25.53B | 1.1B |
Indicative Equilibrium Price | 525 | 137 |
Indicative Equilibrium Volume | 41.15K | 911 |
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 Multi Hanna Kreasindo Tbk (Company), was established on September 23, 2004 based on Deed of Notary Drajat Dramaji, S.H., No.165. The company became effective commercially on September 23, 2004. The parent entity of the Company is PT Multi Hanna Sinergitama and the ultimate beneficial owners of the Company are Mr. Shahabuddin and Mr. Alwi.
Read more on MHKI →