Merdeka Battery Materials Tbk. vs Raharja Energi Cepu Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Raharja Energi Cepu Tbk. trades at Rp5,000 (market cap 14.05T, 8.09M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 4× Raharja Energi Cepu Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 8.09M). Which is the better fit depends on your goals.
| MBMA | RATU | |
|---|---|---|
Market Cap | 56.16T | 14.05T |
Volume | 48.81M | 8.09M |
Lot | 488.12K | 80.9K |
Turnover | 25.53B | 40.9B |
Average Price | 523.13 | 5,055.35 |
Value | 25.53B | 40.9B |
Indicative Equilibrium Price | 525 | 5,000 |
Indicative Equilibrium Volume | 41.15K | 14.51K |
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 Raharja Energi Cepu Tbk (the Company) was established under the name of PT Syabas Usaha Migas on October 16, 2006 based on notarial deed No. 07 of Indah Setyaningsih, S.H. The Company incorporated in the business group of PT Rukun Raharja Tbk. The Company's ultimate parent entity is PT Rukun Raharja Tbk.
Read more on RATU →