Merdeka Battery Materials Tbk. vs Pikko Land Development Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 59.4T, 121.29M 24h volume), while Pikko Land Development Tbk. trades at Rp66 (market cap 910.67B, 12.82M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 65.2× Pikko Land Development Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (121.29M versus 12.82M). Which is the better fit depends on your goals.
| MBMA | RODA | |
|---|---|---|
Market Cap | 59.4T | 910.67B |
Volume | 121.29M | 12.82M |
Lot | 1.21M | 128.21K |
Turnover | 63.44B | 840.18M |
Average Price | 523.02 | 65.53 |
Value | 63.44B | 840.18M |
Indicative Equilibrium Price | 510 | 66 |
Indicative Equilibrium Volume | 35.65K | 1.23K |
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 Pikko Land Development Tbk (formerly PT Royal Oak Development Asia) was established called PT Roda Panggon Harapan based on notarial deed No.83 dated October 15, 1984 of Benny Kristianto, S.H., a public notary in Jakarta. The Company business is in property development, where most of its project located around Jakarta & Tanggerang. One of the biggest project is Simprug Estate in Poris, Tanggerang.
Read more on RODA →