Merdeka Battery Materials Tbk. vs Multi Indocitra Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Multi Indocitra Tbk. trades at Rp530 (market cap 303B, 154.1K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 185.3× Multi Indocitra Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 154.1K). Which is the better fit depends on your goals.
| MBMA | MICE | |
|---|---|---|
Market Cap | 56.16T | 303B |
Volume | 48.81M | 154.1K |
Lot | 488.12K | 1.54K |
Turnover | 25.53B | 81.24M |
Average Price | 523.13 | 527.17 |
Value | 25.53B | 81.24M |
Indicative Equilibrium Price | 525 | — |
Indicative Equilibrium Volume | 41.15K | — |
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 Indocitra Tbk (the Company) was established under its original name of Modern Indocitra based on notarial deed No. 52 of Esther Daniar Iskandar, S.H dated January 11, 1990. The Company's articles of association has been amended several times, the latest amendment dated Aug 16, 2005, regarding the change in the Company's status from private company to public company.
Read more on MICE →