Merdeka Battery Materials Tbk. vs PP Properti Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 59.4T, 121.29M 24h volume), while PP Properti Tbk. trades at Rp17 (market cap 1.05T, 52.03M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 56.6× PP Properti Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (121.29M versus 52.03M). Which is the better fit depends on your goals.
| MBMA | PPRO | |
|---|---|---|
Market Cap | 59.4T | 1.05T |
Volume | 121.29M | 52.03M |
Lot | 1.21M | 520.29K |
Turnover | 63.44B | 866.34M |
Average Price | 523.02 | 16.65 |
Value | 63.44B | 866.34M |
Indicative Equilibrium Price | 510 | 17 |
Indicative Equilibrium Volume | 35.65K | 21.69K |
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 PP PROPERTY (hereinafter referred to as the "Company") was established based on deed No. 18 dated December 12, 2013 in conjunction with Amendment Deed of Establishment Company Limited PT PP Property No. 29 dated December 17, 2013, both of Notary Ir. Nanette Cahyanie Handari Warsito Adi, SH, in Jakarta, has been approved by the Minister of Law and Human Rights No. AHU-04852.AH.01.01. year 2014 dated February 5, 2014, and was published in the Official Gazette No. 47, June 13, 2014.
Read more on PPRO →