Merdeka Battery Materials Tbk. vs Tunas Alfin Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Tunas Alfin Tbk. trades at Rp610 (market cap 825.6B, 12.1K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 68× Tunas Alfin Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 12.1K). Which is the better fit depends on your goals.
| MBMA | TALF | |
|---|---|---|
Market Cap | 56.16T | 825.6B |
Volume | 48.81M | 12.1K |
Lot | 488.12K | 121 |
Turnover | 25.53B | 7.27M |
Average Price | 523.13 | 600.5 |
Value | 25.53B | 7.27M |
Indicative Equilibrium Price | 525 | 610 |
Indicative Equilibrium Volume | 41.15K | 300 |
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 Tunas Alfin Tbk (the Company) was founded in 1977 and is based in Jakarta, Indonesia. With one of the largest production capacities, and some of the most advanced equipment and technologies in the region, the Company has also grown into one of the leading integrated fine and Fast Moving Consumer Goods (FMCG) packaging companies in Asia.The Company is currently capable of undertaking several coating processes such as Silicone, Hot Melt, Extrusion, Pressure/Self-Adhesive, Wax Coating and Anti-fungus Coating.
Read more on TALF →