PT Merdeka Battery Materials Tbk

As of March 31, 2026, PT Merdeka Battery Materials Tbk carries a market capitalization of 78.84T, placing it among publicly traded companies globally. Its enterprise value stands at 105.72T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

PT Merdeka Battery Materials Tbk's next confirmed earnings release is scheduled for December 23, 2026.

As of March 31, 2026, PT Merdeka Battery Materials Tbk has 108.00B shares outstanding.

As of March 31, 2026, PT Merdeka Battery Materials Tbk trades at a trailing price-to-earnings ratio of 73.67. The price-to-sales ratio is 3.04, and the price-to-book ratio stands at 2.86.

As of March 31, 2026, PT Merdeka Battery Materials Tbk trades at an EV/EBITDA multiple of 26.57 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.08 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 26.69 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 105.72T versus a market cap of 78.84T, with the gap driven by net debt and cash on the balance sheet.

As of March 31, 2026, PT Merdeka Battery Materials Tbk maintains a current ratio of 1.60, meaning it holds 1.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 45.51, indicating elevated leverage, while an interest coverage ratio of 6.93 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended March 31, 2026, PT Merdeka Battery Materials Tbk posted a return on equity (ROE) of 3.97, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.11 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.70, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is negative at -0.62, pointing to unprofitable operations over the period. The company generates approximately 6.73B in revenue per employee across its workforce of 3,846.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.89 indicates how many times PT Merdeka Battery Materials Tbk sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended March 31, 2026, PT Merdeka Battery Materials Tbk recorded 409.19B in income tax expense. That works out to an effective tax rate of 12.02, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 3.41T, leaving 1.07T in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, PT Merdeka Battery Materials Tbk's stock has declined approximately 37.59% over the past 52 weeks. The 50-day moving average sits at 496.94, while the 200-day moving average is 592.72.

Over the twelve months ended March 31, 2026, PT Merdeka Battery Materials Tbk generated 25.89T in revenue and converted that into 1.07T in net income, yielding earnings per share of 27.75. EBITDA reached 3.98T, while operating income came in at 3.96T.

As of March 31, 2026, PT Merdeka Battery Materials Tbk holds 5.94T in cash and equivalents against 18.88T in total debt, resulting in a net debt position of 12.88T. Total book value stands at 27.53T, with working capital of 6.84T providing operational flexibility.

These figures cover the twelve months ended March 31, 2026.

Over the twelve months ended March 31, 2026, PT Merdeka Battery Materials Tbk posted a gross margin of 17.88, reflecting its pricing power and cost economics. The operating margin of 15.28 and net profit margin of 4.13 provide insight into operational efficiency.

These figures cover the twelve months ended March 31, 2026. Total shareholder yield is negative at -3.76, meaning PT Merdeka Battery Materials Tbk raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of March 31, 2026, PT Merdeka Battery Materials Tbk has an Altman Z-Score of 2.63, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.