Merdeka Battery Materials Tbk. vs Sidomulyo Selaras Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 59.4T, 121.29M 24h volume), while Sidomulyo Selaras Tbk. trades at Rp78 (market cap 177.8B, 7.1M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 334.1× Sidomulyo Selaras Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (121.29M versus 7.1M). Which is the better fit depends on your goals.
| MBMA | SDMU | |
|---|---|---|
Market Cap | 59.4T | 177.8B |
Volume | 121.29M | 7.1M |
Lot | 1.21M | 71K |
Turnover | 63.44B | 558.08M |
Average Price | 523.02 | 78.61 |
Value | 63.44B | 558.08M |
Indicative Equilibrium Price | 510 | 78 |
Indicative Equilibrium Volume | 35.65K | 1.97K |
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 →Sidomulyo Selaras Tbk (the company) was established on 13 Dec 1993 based on Notaries Deed No. 42 and the deed of establishment was approved by the the Ministry of Justice dated Feb 10, 1994. The Company’s articles of association has been amended several times, most recently by notarial deed No. 12 of F.Y Wijaya, S.H., dated Feb 28, 2011.
Read more on SDMU →