Merdeka Battery Materials Tbk. vs KDB Tifa Finance Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while KDB Tifa Finance Tbk. trades at Rp234 (market cap 838.32B, 31.2K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 67× KDB Tifa Finance Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 31.2K). Which is the better fit depends on your goals.
| MBMA | TIFA | |
|---|---|---|
Market Cap | 56.16T | 838.32B |
Volume | 48.81M | 31.2K |
Lot | 488.12K | 312 |
Turnover | 25.53B | 7.31M |
Average Price | 523.13 | 234.17 |
Value | 25.53B | 7.31M |
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 Tifa Finance Tbk (the company) was established under its original name of PT Tifa Mutual Finance Corporation base on notarial deed No.42 of Esther Daniar, S.H, dated on 14 Jun, 1989. The Company’s articles of association has been amended several times, most recently by notarial deed No. 1 of Fathiah Helmi, S.H., dated Aug 2, 2010, concerning among others, the change in the Company’s name, and public offering.
Read more on TIFA →