Merdeka Battery Materials Tbk. vs Tembaga Mulia Semanan Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Tembaga Mulia Semanan Tbk. trades at Rp1,230 (market cap 903.66B, 3K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 62.1× Tembaga Mulia Semanan Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 3K). Which is the better fit depends on your goals.
| MBMA | TBMS | |
|---|---|---|
Market Cap | 56.16T | 903.66B |
Volume | 48.81M | 3K |
Lot | 488.12K | 30 |
Turnover | 25.53B | 3.69M |
Average Price | 523.13 | 1,229.33 |
Value | 25.53B | 3.69M |
Indicative Equilibrium Price | 525 | — |
Indicative Equilibrium Volume | 41.15K | — |
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. Tembaga Mulia Semanan Tbk was incorporated based on the Notarial Deed No. 31 dated February 3, 1977 of Kartini Muljadi, S.H., as amended by Notarial Deed No. 48 dated July 6, 1977 of the same notary. The company has started commercial production since Dec 1979. And started production/assembly of electronics wire/cable in 1993. Drawn wire in 1995 and assembly of optical fibre cable in 1998, tinned copper in 1998.
Read more on TBMS →