Merdeka Battery Materials Tbk. vs Midi Utama Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Midi Utama Indonesia Tbk. trades at Rp282 (market cap 9.5T, 1.62M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 5.9× Midi Utama Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 1.62M). Which is the better fit depends on your goals.
| MBMA | MIDI | |
|---|---|---|
Market Cap | 56.16T | 9.5T |
Volume | 48.81M | 1.62M |
Lot | 488.12K | 16.19K |
Turnover | 25.53B | 454.66M |
Average Price | 523.13 | 280.76 |
Value | 25.53B | 454.66M |
Indicative Equilibrium Price | 525 | 282 |
Indicative Equilibrium Volume | 41.15K | 803 |
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 Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
Read more on MIDI →