PT Merdeka Battery Materials
PT Merdeka Battery Materials Tbk. engages in the mining and processing of nickel, cobalt, and other mineral deposits in Indonesia. The company manufactures non-ferrous basic metal; and collects hazardous waste. It also engages in the battery components manufacturing; limestone industry and quarrying; generation, transmission, distribution, and sale of electricity; electric power plant operation; … Read more
Market Cap & Net Worth: PT Merdeka Battery Materials (MBMA)
PT Merdeka Battery Materials (JK:MBMA) has a market capitalization of $4.81 Billion (Rp78.30 Trillion) as of March 18, 2026. Listed on the JK stock exchange, this Indonesia-based company holds position #9628 globally and #51 in its home market, demonstrating a 2.11% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying PT Merdeka Battery Materials's stock price Rp725.00 by its total outstanding shares 107995419900 (108.00 Billion).
PT Merdeka Battery Materials Market Cap History: 2023 to 2026
PT Merdeka Battery Materials's market capitalization history from 2023 to 2026. Data shows change from $3.72 Billion to $4.81 Billion (-6.64% CAGR).
Index Memberships
PT Merdeka Battery Materials is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
IDX 30 Jakarta
IDX30
|
$48.05 Billion | 1.19% | #20 of 30 |
|
Jakarta Stock Exchange Composite Index
JKSE
|
$134.46 Billion | 0.42% | #49 of 864 |
Weight: PT Merdeka Battery Materials's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
PT Merdeka Battery Materials Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how PT Merdeka Battery Materials's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.65x
PT Merdeka Battery Materials's market cap is 1.65 times its annual revenue
55.21x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
133.45x
PT Merdeka Battery Materials's market cap is 133.45 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2023 | $3.72 Billion | $1.33 Billion | $6.93 Million | 2.80x | 536.50x |
| 2024 | $3.04 Billion | $1.84 Billion | $22.78 Million | 1.65x | 133.45x |
Competitor Companies of MBMA by Market Capitalization
Companies near PT Merdeka Battery Materials in the global market cap rankings as of March 18, 2026.
Key companies related to PT Merdeka Battery Materials by market ranking:
- Hecla Mining Company (NYSE:HL): Ranked #1366 globally with a market cap of $13.16 Billion USD.
- Anglo American Platinum Limited (PINK:AGPPF): Ranked #1887 globally with a market cap of $8.40 Billion USD.
- PT Amman Mineral Internasional (JK:AMMN): Ranked #2950 globally with a market cap of $4.56 Billion USD ( Rp74.15 Trillion IDR).
- Impala Platinum Holdings Limited (OTCQX:IMPUF): Ranked #3523 globally with a market cap of $3.60 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1366 | Hecla Mining Company | NYSE:HL | $13.16 Billion | $19.88 |
| #1887 | Anglo American Platinum Limited | PINK:AGPPF | $8.40 Billion | $32.00 |
| #2950 | PT Amman Mineral Internasional | JK:AMMN | $4.56 Billion | Rp5525.00 |
| #3523 | Impala Platinum Holdings Limited | OTCQX:IMPUF | $3.60 Billion | $4.85 |
PT Merdeka Battery Materials Historical Marketcap From 2023 to 2026
Between 2023 and today, PT Merdeka Battery Materials's market cap moved from $3.72 Billion to $ 4.81 Billion, with a yearly change of -6.64%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rp4.81 Billion | +27.19% |
| 2025 | Rp3.78 Billion | +24.45% |
| 2024 | Rp3.04 Billion | -18.21% |
| 2023 | Rp3.72 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of PT Merdeka Battery Materials was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.81 Billion USD |
| MoneyControl | $4.81 Billion USD |
| MarketWatch | $4.81 Billion USD |
| marketcap.company | $4.81 Billion USD |
| Reuters | $4.81 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.