Merdeka Battery Materials Tbk. vs Pabrik Kertas Tjiwi Kimia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Pabrik Kertas Tjiwi Kimia Tbk. trades at Rp6,100 (market cap 17.43T, 3.6M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 3.2× Pabrik Kertas Tjiwi Kimia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 3.6M). Which is the better fit depends on your goals.
| MBMA | TKIM | |
|---|---|---|
Market Cap | 56.16T | 17.43T |
Volume | 48.81M | 3.6M |
Lot | 488.12K | 36.05K |
Turnover | 25.53B | 21.37B |
Average Price | 523.13 | 5,927.24 |
Value | 25.53B | 21.37B |
Indicative Equilibrium Price | 525 | 6,100 |
Indicative Equilibrium Volume | 41.15K | 431 |
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 Pabrik Kertas Tjiwi Kimia Tbk (the Company) was established in 1972 under the name of PT Tjiwi Kimia and was later renamed to become PT Pabrik Kertas Tjiwi Kimia in 1974. The total production capacity as of December 31, 1999 for the printing and writing paper stood at 1.014.000 tonnes per annum, packaging and converted products at 78.000 tonnes per annum and stationery at 275.000 tonnes per annum.The Company started its commercial production in 1977.
Read more on TKIM →