PT Merdeka Battery Materials Tbk (ISX:MBMA) Shares Outstanding (EOP): 107,995 Mil (As of Mar. 2026)


ISX:MBMA PT Merdeka Battery Materials Tbk ISX:MBMA
49 GF Score
Price Rp494.00
GF Value Rp801.40
Valuation Significantly Undervalued
! 5 Warning Signs
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What is PT Merdeka Battery Materials Tbk Shares Outstanding (EOP)?

PT Merdeka Battery Materials Tbk ISX:MBMA -0.40% 49 Shares Outstanding (EOP) is 107,995 Mil as of Mar. 2026. GuruFocus rates ISX:MBMA with a GF Score™ of 49/100 and a GF Value™ of Rp801.40 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. PT Merdeka Battery Materials Tbk's shares outstanding for the quarter that ended in Mar. 2026 was 107,995 Mil.

PT Merdeka Battery Materials Tbk's quarterly shares outstanding stayed the same from Dec. 2025 (107,995 Mil) to Mar. 2026 (107,995 Mil).

PT Merdeka Battery Materials Tbk's annual shares outstanding stayed the same from Dec. 2024 (107,995 Mil) to Dec. 2025 (107,995 Mil).


PT Merdeka Battery Materials Tbk  (ISX:MBMA) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


PT Merdeka Battery Materials Tbk Shares Outstanding (EOP) Related Terms


PT Merdeka Battery Materials Tbk Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for PT Merdeka Battery Materials Tbk's Shares Outstanding (EOP) 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 Battery Materials Tbk Shares Outstanding (EOP) Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial 107,995.42 107,995.42 107,995.42 107,995.42 107,995.42

PT Merdeka Battery Materials Tbk Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) 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 107,995.42 107,995.42 107,995.42 107,995.42 107,995.42

ISX:MBMA vs HL, SIND: Shares Outstanding (EOP) Comparison

For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials Tbk's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Merdeka Battery Materials Tbk Shares Outstanding (EOP) vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where PT Merdeka Battery Materials Tbk's Shares Outstanding (EOP) falls into.


ISX:MBMA
49GF Score
PT Merdeka Battery Materials Tbk ISX:MBMA
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Merdeka Battery Materials Tbk Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 107,995 Mil mean?
PT Merdeka Battery Materials Tbk (ISX:MBMA) has a Shares Outstanding (EOP) of 107,995 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on PT Merdeka Battery Materials Tbk and its competitors.
Is PT Merdeka Battery Materials Tbk's Shares Outstanding (EOP) too high?
PT Merdeka Battery Materials Tbk's current Shares Outstanding (EOP) is 107,995 Mil. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Shares Outstanding (EOP) compare to HL and SIND?
PT Merdeka Battery Materials Tbk's Shares Outstanding (EOP) of 107,995 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 Shares Outstanding (EOP) for a Metals & Mining company?
A good Shares Outstanding (EOP) depends on the Metals & Mining industry context. However, Shares Outstanding (EOP) 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 Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on PT Merdeka Battery Materials Tbk and its competitors. PT Merdeka Battery Materials Tbk's current Shares Outstanding (EOP) is 107,995 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 Battery Materials Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk (ISX:MBMA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp801.40, compared to a current price of Rp494.00 — trading 38.4% below its estimated fair value. The current Shares Outstanding (EOP) is 107,995 Mil. PT Merdeka Battery Materials Tbk's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current Shares Outstanding (EOP) is 107,995 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 Battery Materials Tbk (ISX:MBMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk stock appears to be undervalued. The current stock price of Rp494.00 is trading 38.4% below its estimated GF Value™ of Rp801.40. GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MBMA:

  • Shares Outstanding (EOP): 107,995 Mil
  • GF Value™: Rp801.40 vs. price of Rp494.00 (38.4% below fair value)
  • GF Score™: 49/100 with 5 warning signs

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


PT Merdeka Battery Materials Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower Building, 69th Floor, District 8 SCBD Lot. 28, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Battery Materials Tbk is an integrated battery materials and nickel processing company focused on the electric vehicle (EV) battery value chain in Indonesia. The company engages in nickel mining, smelting, and downstream battery material processing activities. Its business operations include the SCM Mine, RKEF smelters, Nickel Matte operations, AIM Project, IKIP industrial area development, and HPAL projects. The company operates through Mining, Manufacturing, and Other segments, with the majority of revenue generated from the Manufacturing segment.
49GF Score

Get the complete analysis for ISX:MBMA

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp494.00
Price
Rp801.40
GF Value