Merdeka Battery Materials Tbk. vs Chandra Asri Pacific Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Chandra Asri Pacific Tbk. trades at Rp1,930 (market cap 165.24T, 271.53M 24h volume). The key difference: Chandra Asri Pacific Tbk. is far larger — about 2.9× Merdeka Battery Materials Tbk.'s market cap, and Chandra Asri Pacific Tbk. is more actively traded (271.53M versus 48.81M). Which is the better fit depends on your goals.
| MBMA | TPIA | |
|---|---|---|
Market Cap | 56.16T | 165.24T |
Volume | 48.81M | 271.53M |
Lot | 488.12K | 2.72M |
Turnover | 25.53B | 522.13B |
Average Price | 523.13 | 1,922.9 |
Value | 25.53B | 522.13B |
Indicative Equilibrium Price | 525 | 1,930 |
Indicative Equilibrium Volume | 41.15K | 69.58K |
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 Chandra Asri Petrochemical Tbk formerly PT. Tri Polyta Indonesia, Tbk (the Company) was established under the Domestic Capital Investment Law No. 6 year 1968 and Law No. 12 year 1970 by Notarial Deed No. 40 dated November 2, 1984 of Ridwan Suselo, S.H., notary public in Jakarta. The Company is the largest Indonesia producer of polypropyleneresins that are used in the manufacture of a wide range of consumer products.
Read more on TPIA →