MB

PT Merdeka Battery Materials

MBMA · JK · Basic Materials / Other Industrial Metals & Mining

$525-20.00 (-3.67%)

Close Sep 21, 2026 · end-of-day

Market Stats

Previous Close$545
Open$545
Day Range$520 – $545
52-Week Range$398 – $945
Volume97.95M
Market Cap$50.47T
P/E (TTM)36.35
Forward P/E37.74
EPS$12.93
Dividend Yield0.00%
Beta0.56
50-Day Avg$522.8
200-Day Avg$606.37

Price History

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About

PT Merdeka Battery Materials Tbk. engages in the mining and processing of nickel, cobalt, and other mineral deposits in Indonesia and China. It operates through Mining, Manufacturing, and Others segments. The company manufactures non-ferrous basic metals; and collects hazardous waste. It also engages in the limestone industry and quarrying; generation, transmission, distribution, and sale of electricity; electric power plant operation; gravel quarrying; holding company activities; management consulting activities; and support activities for other mining and quarrying. In addition, the company is involved in special telecommunications activities for its own purposes, as well as wholesale trade in forestry and hunting products; palm oil plantation and industrial park; and industry activities. The company was formerly known as PT Hamparan Logistik Nusantara. PT Merdeka Battery Materials Tbk. was founded in 2019 and is headquartered in Jakarta Selatan, Indonesia. PT Merdeka Battery Materials Tbk. operates as a subsidiary of PT Merdeka Energi Nusantara.

Company Details

Sector
Basic Materials
Industry
Other Industrial Metals & Mining
CEO
Dr. Teddy Nuryanto Oetomo
Employees
3.93K
Headquarters
Treasury Tower, Jakarta Selatan, Indonesia, 12190, Indonesia
Website
https://www.merdekabattery.com

Leadership

  • Dr. Teddy Nuryanto OetomoPresident Director & Corporate Secretary · b. 1982
  • Mr. Ali Reza SahamiExecutive General Manager of ESG · b. 1964
  • Mr. Marco Di SebastianoHead of Internal Audit Unit · b. 1986
  • Mr. Agus SuperiadiPresident Director of PT Sulawesi Cahaya Mineral · b. 1971

Financials

Income Statement

Line item2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue$0$0$455.74M$1.33B$1.84B$1.43B
Cost of Revenue$0$0$411.33M$1.25B$1.73B$1.27B
Gross Profit$0$0$44.41M$77.48M$114.11M$166.48M
Operating Income$0$-5.38K$30.49M$47.56M$79.82M$131.25M
EBITDA--$59.59M$53.52M$98.62M$133.91M
Net Income$-20.88K$16.07K$21.66M$6.93M$22.78M$29.56M
Interest Expense-$0$21.30M$18.71M$7.62M$20.35M

Balance Sheet

Line item2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets$10.86M$169.18K$2.42B$3.26B$3.44B$3.74B
Total Liabilities$0$0$1.46B$1.73B$1.88B$1.39B
Total Equity$10.86M$169.18K$956.99M$1.53B$1.55B$1.58B
Cash$80$169.18K$280.29M$290.21M$244.03M$192.64M
Net Debt--$268.15M$195.96M$436.27M$748.51M

Cash Flow

Line item2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow$50$-5.26K$99.72M$-15.49M$78.49M$37.19M
Investing Cash Flow$4.47M$9.96M$-1.14B$-462.29M$-270.54M$-241.93M
Financing Cash Flow$-4.47M$-9.80M$1.33B$486.72M$150.09M$158.25M
Capital Expenditure$0$0$536.54M$369.19M$242.12M$193.34M
Free Cash Flow-$-5.26K$-419.25M$-384.68M$-163.63M$-156.15M

Earnings

Report DateSep 25, 2026Jun 28, 2026Mar 30, 2026Dec 17, 2025Sep 25, 2025Jun 30, 2025Dec 31, 2024Dec 18, 2024Sep 29, 2024Jun 3, 2024
EPS Estimate$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
EPS Actual$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Surprise100.00%200.00%-100.00%100.00%0.00%-100.00%--0.00%-100.00%
TimingPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hours-Pre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap
$50.47T
Enterprise Value
$70.30T
Trailing P/E
36.35
Forward P/E
37.74
Price / Sales
27215.97
Price / Book
1.96
EPS
$12.93
Book Value
$0.015
Revenue (TTM)
$1.85B
Gross Profit (TTM)
$391.29M
EBITDA
$454.88M
Profit Margin
4.21%
Operating Margin
23.09%
Return on Equity
9.24%
Return on Assets
5.61%
Shares Outstanding
107.39B
Shares Float
38.29B
Beta
0.56
Dividend Yield
0.00%
Dividend Rate
$0
Payout Ratio
0.00%