Merdeka Battery Materials Tbk. vs Multikarya Asia Pasifik Raya Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Multikarya Asia Pasifik Raya Tbk. trades at Rp1,160 (market cap 3.79T, 136.3K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 14.8× Multikarya Asia Pasifik Raya Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 136.3K). Which is the better fit depends on your goals.
| MBMA | MKAP | |
|---|---|---|
Market Cap | 56.16T | 3.79T |
Volume | 48.81M | 136.3K |
Lot | 488.12K | 1.36K |
Turnover | 25.53B | 158.11M |
Average Price | 523.13 | 1,160.03 |
Value | 25.53B | 158.11M |
Indicative Equilibrium Price | 525 | 1,160 |
Indicative Equilibrium Volume | 41.15K | 1.22K |
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 Multikarya Asia Pasifik Raya Tbk (the Company) was established on May 16, 2002 in Jakarta, Indonesia under the name of PT Mudking Asia Pasifik Raya, herein after, based on Notarial Deed No. 43 of Yunardi, S.H. The Company started its commercial operations in 2002.
Read more on MKAP →