Merdeka Battery Materials Tbk. vs Panin Financial Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Panin Financial Tbk. trades at Rp226 (market cap 7.17T, 29.63M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 7.8× Panin Financial Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 29.63M). Which is the better fit depends on your goals.
| MBMA | PNLF | |
|---|---|---|
Market Cap | 56.16T | 7.17T |
Volume | 48.81M | 29.63M |
Lot | 488.12K | 296.34K |
Turnover | 25.53B | 6.69B |
Average Price | 523.13 | 225.71 |
Value | 25.53B | 6.69B |
Indicative Equilibrium Price | 525 | 226 |
Indicative Equilibrium Volume | 41.15K | 550 |
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 Panin Financial Tbk (the Company) was established in Jakarta under the name PT Asuransi Jiwa Panin Putra on July 19, 1974 based on Notarial Deed No.192 which was changed by Notarial Deed No. 226 dated February 27, 1975, both notarized by Ridwan Suselo, S.H., notary in Jakarta. Starting , and the company is one of the Panin Group`s member. In 1994, the company joint venture with the Australian Mutual Provident Society.
Read more on PNLF →