Merdeka Battery Materials Tbk. vs Paperocks Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 59.4T, 121.29M 24h volume), while Paperocks Indonesia Tbk. trades at Rp144 (market cap 156.95B, 427.4K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 378.5× Paperocks Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (121.29M versus 427.4K). Which is the better fit depends on your goals.
| MBMA | PPRI | |
|---|---|---|
Market Cap | 59.4T | 156.95B |
Volume | 121.29M | 427.4K |
Lot | 1.21M | 4.27K |
Turnover | 63.44B | 61.62M |
Average Price | 523.02 | 144.17 |
Value | 63.44B | 61.62M |
Indicative Equilibrium Price | 510 | 144 |
Indicative Equilibrium Volume | 35.65K | 48 |
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 Paperocks Indonesia Tbk (the Company) was established on February 14, 2011 based on Notarial Deed No.65 of Buntario Tigris, S.H.,M.H., notary in Central Jakarta. The Company started its commercial operations in May 2011.
Read more on PPRI →