PT Merdeka Battery Materials Tbk. (IDX:MBMA)

Indonesia · Delayed Price · Currency is IDR

525.00

-20.00 (-3.67%)

Last updated: Sep 21, 2026, 2:59 PM WIB

Market Cap	56.70T +11.7%
Revenue (ttm)	25.83T -13.8%
Net Income	1.07T +302.2%
EPS	9.83 +302.8%
Shares Out	108.00B
PE Ratio	53.40
Forward PE	12.26
Dividend	n/a
Ex-Dividend Date	n/a

Volume	97,951,300
Open	545.00
Previous Close	545.00
Day's Range	520.00 - 545.00
52-Week Range	398.00 - 945.00
Beta	0.56
Analysts	Strong Buy
Price Target	788.66 (+50.22%)
Earnings Date	Sep 25, 2026

About IDX:MBMA

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 oth... [Read more]

Industry Other Industrial Metals & Mining

Sector Materials

Founded 2019

Employees 3,916

Stock Exchange Indonesia Stock Exchange

Ticker Symbol MBMA

Full Company Profile

Financial Performance

In 2025, IDX:MBMA's revenue was $1.43 billion, a decrease of -22.24% compared to the previous year's $1.84 billion. Earnings were $29.56 million, an increase of 29.77%.

Financial numbers in USD Financial Statements

Analyst Summary

According to 7 analysts, the average rating for MBMA stock is "Strong Buy." The 12-month stock price target is Rp 788.66, which is an increase of 50.22% from the latest price.

Price Target

Rp 788.66

(50.22% upside)

Analyst Consensus: Strong Buy

Stock Forecasts