PT Merdeka Battery Materials Tbk. (IDX:MBMA)

Indonesia · Delayed Price · Currency is IDR

298.00

-8.00 (-2.61%)

At close: Oct 30, 2026

Market Cap	32.00T -53.7%
Revenue (ttm)	33.18T +19.6%
Net Income	1.40T +848.0%
EPS	12.86 +942.0%
Shares Out	107.39B
PE Ratio	23.17
Forward PE	8.21
Dividend	n/a
Ex-Dividend Date	n/a

Volume	144,633,500
Open	304.00
Previous Close	306.00
Day's Range	286.00 - 304.00
52-Week Range	298.00 - 945.00
Beta	0.87
Analysts	Strong Buy
Price Target	759.17 (+154.76%)
Est. Earnings	Nov 20, 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 3,933

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 8 analysts, the average rating for MBMA stock is "Strong Buy." The 12-month stock price target is Rp 759.17, which is an increase of 154.76% from the latest price.

Price Target

Rp 759.17

(154.76% upside)

Analyst Consensus: Strong Buy

Stock Forecasts