Merdeka Battery Materials Tbk. vs Pelat Timah Nusantara Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Pelat Timah Nusantara Tbk. trades at Rp191 (market cap 479.44B, 3.12M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 117.1× Pelat Timah Nusantara Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 3.12M). Which is the better fit depends on your goals.
| MBMA | NIKL | |
|---|---|---|
Market Cap | 56.16T | 479.44B |
Volume | 48.81M | 3.12M |
Lot | 488.12K | 31.23K |
Turnover | 25.53B | 592.35M |
Average Price | 523.13 | 189.66 |
Value | 25.53B | 592.35M |
Indicative Equilibrium Price | 525 | 191 |
Indicative Equilibrium Volume | 41.15K | 258 |
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 Pelat Timah Nusantara Tbk (PT Latinusa) was the first company in Indonesia that produces high-quality tinplate with international standards. PT Latinusa was founded on August 19, 1982 under the Company Act No.45, drawn up before Imas Fatimah, SH, and the current majority shareholder is the Japanese consortium consisting of Nippon Steel Corporation, Mitsui Co.. Ltd.., Nippon Steel Trading Co.., And Metal One. Nippon Steel Corporation is also the provider of our main raw material, Tin Mill Black Plate (TMBP), so the availability of raw materials is always guaranteed.
Read more on NIKL →