Merdeka Battery Materials Tbk. vs Sinarmas Multiartha Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Sinarmas Multiartha Tbk. trades at Rp20,625 (market cap 131.81T, 200 24h volume). The key difference: Sinarmas Multiartha Tbk. is far larger — about 2.3× Merdeka Battery Materials Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 200). Which is the better fit depends on your goals.
| MBMA | SMMA | |
|---|---|---|
Market Cap | 56.16T | 131.81T |
Volume | 48.81M | 200 |
Lot | 488.12K | 2 |
Turnover | 25.53B | 4.13M |
Average Price | 523.13 | 20,625 |
Value | 25.53B | 4.13M |
Indicative Equilibrium Price | 525 | 20,625 |
Indicative Equilibrium Volume | 41.15K | 2 |
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 Sinar Mas Multiartha Tbk was established by Deed No. 60 dated October 21, 1982 from Benny Kristianto, S.H., notary in Jakarta. PT Sinar Mas Multiartha was initially active in commercial leasing, consumer financing and venture capital, and purely became a holding company in the Sinar Mas Group.
Read more on SMMA →