Merdeka Battery Materials Tbk. vs Trias Sentosa Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 48.81M 24h volume), while Trias Sentosa Tbk. trades at Rp484 (market cap 1.36T, 17.9K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 41.3× Trias Sentosa Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (48.81M versus 17.9K). Which is the better fit depends on your goals.
| MBMA | TRST | |
|---|---|---|
Market Cap | 56.16T | 1.36T |
Volume | 48.81M | 17.9K |
Lot | 488.12K | 179 |
Turnover | 25.53B | 8.65M |
Average Price | 523.13 | 483.4 |
Value | 25.53B | 8.65M |
Indicative Equilibrium Price | 525 | 484 |
Indicative Equilibrium Volume | 41.15K | 150 |
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 Trias Sentosa Tbk was established on November 23, 1979 and started commercial operation in 1984 with total capacity of 4.500 tons BOPP (biaxially oriented polypropylene) film per annum. In 1989, the Company completed expansion of its second line BOPP film with capacity of 7.500 tons per annum. In 1993, the Company completed its expansion of third line BOPP film with capacity of 12.000 tons per annum, and in 1995, Polyester film project with total capacity of 12.000 tons were completed. In 1996, the Company completed its expansion of fourth line BOPP film with total capacity of 16.000 tons. Currently, the Company is the largest BOPP Film and Polyester Film producer in Indonesia.
Read more on TRST →