Merdeka Battery Materials Tbk. vs Timah Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Timah Tbk. trades at Rp3,570 (market cap 26.07T, 40.77M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 2.2× Timah Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 40.77M). Which is the better fit depends on your goals.
| MBMA | TINS | |
|---|---|---|
Market Cap | 56.16T | 26.07T |
Volume | 48.81M | 40.77M |
Lot | 488.12K | 407.66K |
Turnover | 25.53B | 146.02B |
Average Price | 523.13 | 3,581.97 |
Value | 25.53B | 146.02B |
Indicative Equilibrium Price | 525 | 3,570 |
Indicative Equilibrium Volume | 41.15K | 13.11K |
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 Timah Tbk (Company) was officially establish by Imas Fatimah, SH by Notarial Deed No.1 dated 2 August 1976. The Company represents a merger of three Dutch Mining companies with operations in Indonesia. The Company’s registration statement in offer 50.330.000 new B class shares at par value of Rp. 500 per share in Indonesia was effective on 27 September 1995. In relation to the offering the new shares, the Government of the Republic of Indonesia also offered 125,825,000 B class shares which were represented by 12,582,500 GDR (each GDR representing 10 B class shares) to the public outside Indonesia. Gross profit for 1999 stand at Rp 751 billion, a figure 45% lower than that achieved in 1998, when gross profits reached Rp 1,362 billion.
Read more on TINS →