PT Merdeka Copper Gold Tbk (FRA:B0C) Beginning Cash Position: €307 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:B0C PT Merdeka Copper Gold Tbk FRA:B0C
49 GF Score
Price €0.12
GF Value €0.16
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Merdeka Copper Gold Tbk Beginning Cash Position?

PT Merdeka Copper Gold Tbk FRA:B0C +0.83% 49 Beginning Cash Position is €307 Mil as of Mar. 2026. GuruFocus rates FRA:B0C with a GF Score™ of 49/100 and a GF Value™ of €0.16 (Modestly Undervalued). The stock has 6 warning signs investors should review.

PT Merdeka Copper Gold Tbk's Beginning Cash Position for the quarter that ended in Mar. 2026 was €307 Mil.

PT Merdeka Copper Gold Tbk's quarterly Beginning Cash Position increased from Sep. 2025 (€310 Mil) to Dec. 2025 (€368 Mil) but then declined from Dec. 2025 (€368 Mil) to Mar. 2026 (€307 Mil).

PT Merdeka Copper Gold Tbk's annual Beginning Cash Position increased from Dec. 2023 (€407 Mil) to Dec. 2024 (€495 Mil) but then declined from Dec. 2024 (€495 Mil) to Dec. 2025 (€385 Mil).


PT Merdeka Copper Gold Tbk Beginning Cash Position Related Terms


PT Merdeka Copper Gold Tbk Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for PT Merdeka Copper Gold Tbk's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Merdeka Copper Gold Tbk Beginning Cash Position Chart

PT Merdeka Copper Gold Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.16 175.08 407.07 495.36 385.11

PT Merdeka Copper Gold Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 417.12 288.08 309.80 367.55 306.89
FRA:B0C
49GF Score
PT Merdeka Copper Gold Tbk FRA:B0C
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Merdeka Copper Gold Tbk Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €307 Mil mean?
PT Merdeka Copper Gold Tbk (FRA:B0C) has a Beginning Cash Position of €307 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on PT Merdeka Copper Gold Tbk and its competitors.
Is PT Merdeka Copper Gold Tbk's Beginning Cash Position too high?
PT Merdeka Copper Gold Tbk's current Beginning Cash Position is €307 Mil. Overall, PT Merdeka Copper Gold Tbk has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Copper Gold Tbk's Beginning Cash Position compare to competitors?
PT Merdeka Copper Gold Tbk's Beginning Cash Position of €307 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Metals & Mining company?
A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on PT Merdeka Copper Gold Tbk and its competitors. PT Merdeka Copper Gold Tbk's current Beginning Cash Position is €307 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Copper Gold Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk (FRA:B0C) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.16, compared to a current price of €0.12 — trading 23.8% below its estimated fair value. The current Beginning Cash Position is €307 Mil. PT Merdeka Copper Gold Tbk's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For PT Merdeka Copper Gold Tbk (FRA:B0C), the current Beginning Cash Position is €307 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Merdeka Copper Gold Tbk (FRA:B0C) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk stock appears to be undervalued. The current stock price of €0.12 is trading 23.8% below its estimated GF Value™ of €0.16. GuruFocus considers PT Merdeka Copper Gold Tbk to be Modestly Undervalued.

Key valuation signals for FRA:B0C:

  • Beginning Cash Position: €307 Mil
  • GF Value™: €0.16 vs. price of €0.12 (23.8% below fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the FRA:B0C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Merdeka Copper Gold Tbk Business Description

Other Exchanges MDKA:Indonesia
Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. Along with its subsidiary, the company engages in the field of mining and other management consultancy activities. The company's gold projects consist of the Tujuh Bukit Gold Mine and the Pani Gold Project. The copper projects include Wetar Copper Mine and Tujuh Bukit Copper Project. The Nickel project comprises SCM Mine, RKEF Smelters, Nickel Matte Converter, AIM Project, HPAL Facilities, and IKIP. The majority of the company's revenue is generated by the Nickel segment.
49GF Score

Get the complete analysis for FRA:B0C

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.12
Price
€0.16
GF Value