Merdeka Battery Materials Tbk. vs Penta Valent Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 57.24T, 89.37M 24h volume), while Penta Valent Tbk. trades at Rp308 (market cap 547.34B, 764.8K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 104.6× Penta Valent Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (89.37M versus 764.8K). Which is the better fit depends on your goals.
| MBMA | PEVE | |
|---|---|---|
Market Cap | 57.24T | 547.34B |
Volume | 89.37M | 764.8K |
Lot | 893.72K | 7.65K |
Turnover | 46.3B | 234.84M |
Average Price | 518.08 | 307.07 |
Value | 46.3B | 234.84M |
Indicative Equilibrium Price | 520 | 308 |
Indicative Equilibrium Volume | 90.42K | 352 |
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 Penta Valent Tbk (the Company) was established in 1968 in Jakarta, Indonesia under the name of CV Penta Valent, hereinafter, based on Notarial Deed No. 48 of Bebasa Daeng Lalo, S.H., dated August 16, 1972. The Company started its commercial operations in 1968. PT Tancorp Global Sentosa, a company incorporated in Indonesia, is the ultimate parent entity of the Company.
Read more on PEVE →