Merdeka Battery Materials Tbk. vs Surya Toto Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Surya Toto Indonesia Tbk. trades at Rp240 (market cap 2.48T, 223.9K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 22.6× Surya Toto Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 223.9K). Which is the better fit depends on your goals.
| MBMA | TOTO | |
|---|---|---|
Market Cap | 56.16T | 2.48T |
Volume | 48.81M | 223.9K |
Lot | 488.12K | 2.24K |
Turnover | 25.53B | 53.47M |
Average Price | 523.13 | 238.82 |
Value | 25.53B | 53.47M |
Indicative Equilibrium Price | 525 | 240 |
Indicative Equilibrium Volume | 41.15K | 1 |
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. Surya Toto Indonesia Tbk (the Company) was established on July 11, 1977 as a joint venture between three Indonesian company, PT Intimitra Sejahtera, PT Suryaparamitra Abadi and PT Multifortuna Asindo, and two Japanese companies, Toto Ltd., and Kashima Trading Company Ltd.
Read more on TOTO →