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MBMA Overview
MBMA

MBMA

PT Merdeka Battery Materials Tbk

510
+0.00%
Quality radar — MBMA vs sub-sector
Financial snapshot+
Market capRp 55.08T
P/E (TTM)96.13x
P/B31466.67x
ROE4.3%
Net margin2.1%
Dividend yield
Debt/Equity0.40
Company information+
SectorBarang Baku
Sub-sectorBarang Baku
IndustryLogam & Mineral
Listing boardUtama
Listed2023-04-18
IPO priceRp 795
AddressGedung Treasury Tower Lantai 69 District 8 SCBD Lot 28 Jl Jend Sudirman Kav 52-53 DKI Jakarta, 12190
WebsiteVisit →
Major shareholders+
Huayong International (Hong Kong) Limited
PT Merdeka Energi Nusantara
PT Alam Permai
Saham Treasury
Masyarakat Warkat
Masyarakat Non Warkat
Winato Kartono
Anthony Kartono Tan
Management+
Directors (4)
  • Teddy Nuryanto Oetomo
  • Titien Supeno
  • Anthony Kartono Tan
Commissioners (3)
  • Winato Kartono
  • Michael W.P. Soeryadjaya
  • Prof. Dr. Didi Achjari, M.Com., Ak.
All-time price commentary

MBMA closed at 510 , -10.53% YTD and +11.35% over the trailing year. Over 52 weeks it has traded between 242 and 905. Current price sits in the 40th percentile of its 52-week range.

52W Low52W High
242Current: 510905
Operational & Commodity

The commodity benchmarks this company’s revenue rides, end-of-day.

Mining desk
Nickel100% of revenue
17.802,14USD / dmt
EOD 1 May 2026
Open tracker

Revenue share estimated from commodity exposure·End-of-day

Operational metrics · coming next

Production and sales volume, overburden and strip ratio, and product specs (calorific value for coal, metal grades) from MBMA’s annual reports are being added, so you can read the assets behind the earnings, not just the revenue line.

Broker Flow
Tape Events
Fundamentals

What you pay for, and what you get back.

Mixed signals

How PT Merdeka Battery Materials Tbk compares to 0 peers in Barang Baku.

P/E Ratio
96.13x
P/B Ratio
31466.67x
P/S Ratio
35533.75x
EV/EBITDA
219587.56x
Valuation & earnings1 article
  • Emiten News· 23 Apr 2026

    PT Merdeka Battery Materials Tbk (MBMA) fully repaid its 2025 Series A bond—paying Rp824.95 billion in principal and Rp16.67 billion in interest, for a total outflow of Rp841.62 billion sourced from internal cash on 22 April 2026. The company is now preparing a new sustainable bond and sukuk program targeting up to Rp5 trillion of funding, with the offering slated for 4‑5 May and listing on the IDX on 11 May. The repayment clears existing debt and the sizable upcoming issuance is likely to draw investor attention and could add upward pressure on MBMA’s share price while expanding the supply of high‑yield corporate securities in the market.

    neutral
More valuation & earnings news →
Ownership Structure
Peer Comparison
Financial Statements
Income Flow — 2025-12-31
Revenue
499.5M
COGS
-425.3M
Gross Profit
74.2M
OpEx
-11.5M
Op. Income
62.7M
Tax & Other
-58.5M
Net Income
4.3M
Net margin: 0.9% of revenue flows to net income.
Financial Statements
Metric2025-12-312025-09-30
Revenue499.5M307.3M
Gross Profit74.2M42.9M
Operating Income62.7M32.5M
Net Income4.3M19.5M
EBITDA54.2M40.6M
Total Assets3.7B3.6B
Total Equity2.3B2.4B
Total Debt944.9M910.1M
Operating Cash Flow40.5M-18.8M
Free Cash Flow5.4M-88.7M
Dividend History
TTM Div Yield
Payout Ratio
EPS
4,91
Research Notes