Merdeka Battery Materials Tbk. vs TBS Energi Utama Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 57.24T, 89.37M 24h volume), while TBS Energi Utama Tbk. trades at Rp550 (market cap 4.66T, 12.37M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 12.3× TBS Energi Utama Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (89.37M versus 12.37M). Which is the better fit depends on your goals.
| MBMA | TOBA | |
|---|---|---|
Market Cap | 57.24T | 4.66T |
Volume | 89.37M | 12.37M |
Lot | 893.72K | 123.7K |
Turnover | 46.3B | 6.73B |
Average Price | 518.08 | 544.18 |
Value | 46.3B | 6.73B |
Indicative Equilibrium Price | 520 | 550 |
Indicative Equilibrium Volume | 90.42K | 2.35K |
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 Toba Bara Sejahtra (The Company) Tbk was established in Indonesia as PT Buana Persada Gemilang based on the Deed No. 1 dated August 3, 2007 made before Tintin Surtini, S.H., M.Kn, as asubstitute notary of Surjadi, S.H., Jakarta.
Read more on TOBA →