Merdeka Battery Materials Tbk. vs Wilton Makmur Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Wilton Makmur Indonesia Tbk. trades at Rp59 (market cap 885.64B, 6.25M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 63.4× Wilton Makmur Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 6.25M). Which is the better fit depends on your goals.
| MBMA | SQMI | |
|---|---|---|
Market Cap | 56.16T | 885.64B |
Volume | 48.81M | 6.25M |
Lot | 488.12K | 62.55K |
Turnover | 25.53B | 366.43M |
Average Price | 523.13 | 58.59 |
Value | 25.53B | 366.43M |
Indicative Equilibrium Price | 525 | 59 |
Indicative Equilibrium Volume | 41.15K | 774 |
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 Renuka Coalindo Tbk (The Company) was initially established under the name PT Sanex Qianjiang Motor International. Sanex Qianjiang Motor International Tbk (the company) was established on 21 March 2000 based on Notaries Deed dated No. 180 and the deed of establishment was approved by the the Ministry of Justice dated July 24, 2000. The Company started the business activities with import Completely Built Up motorcycle from Chinese. The company considered public response and the potential market for motorcycle product in Indonesia then improved activity to establish motorcycle fabrication and distribution.
Read more on SQMI →