PT Merdeka Battery Materials Tbk (ISX:MBMA) FCF Margin %: 26.13% (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 FCF Margin %?

PT Merdeka Battery Materials Tbk ISX:MBMA -0.40% 49 FCF Margin % is 26.13% 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. Among 846 Metals & Mining companies, PT Merdeka Battery Materials Tbk ranks better than 61.11% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. PT Merdeka Battery Materials Tbk's Free Cash Flow for the three months ended in Mar. 2026 was Rp2,013,696 Mil. PT Merdeka Battery Materials Tbk's Revenue for the three months ended in Mar. 2026 was Rp7,705,125 Mil. Therefore, PT Merdeka Battery Materials Tbk's FCF Margin % for the quarter that ended in Mar. 2026 was 26.13%.

As of today, PT Merdeka Battery Materials Tbk's current FCF Yield % is 0.84%.

The historical rank and industry rank for PT Merdeka Battery Materials Tbk's FCF Margin % or its related term are showing as below:

ISX:MBMA' s FCF Margin % Range Over the Past 10 Years
Min: -91.99   Med: -19.93   Max: 1.76
Current: 1.76


During the past 7 years, the highest FCF Margin % of PT Merdeka Battery Materials Tbk was 1.76%. The lowest was -91.99%. And the median was -19.93%.

ISX:MBMA's FCF Margin % is ranked better than
61.11% of 846 companies
in the Metals & Mining industry
Industry Median: -2.315 vs ISX:MBMA: 1.76


PT Merdeka Battery Materials Tbk FCF Margin % Related Terms


PT Merdeka Battery Materials Tbk FCF Margin % Historical Data

* Premium members only.

The historical data trend for PT Merdeka Battery Materials Tbk's FCF Margin % 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 FCF Margin % Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial 0.00 -91.99 -28.96 -8.87 -10.89

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
FCF Margin % 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 -16.69 -4.47 -28.88 1.08 26.13

ISX:MBMA vs HL, SIND: FCF Margin % Comparison

For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials Tbk's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's FCF Margin % distribution charts can be found below:

* The bar in red indicates where PT Merdeka Battery Materials Tbk's FCF Margin % falls into.


ISX:MBMA
49GF Score
PT Merdeka Battery Materials Tbk ISX:MBMA
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Merdeka Battery Materials Tbk FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

PT Merdeka Battery Materials Tbk's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-2608884.515/23966689.333
=-10.89 %

PT Merdeka Battery Materials Tbk's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2013695.847/7705124.515
=26.13 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 26.13% mean?
PT Merdeka Battery Materials Tbk (ISX:MBMA) has a FCF Margin % of 26.13% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on PT Merdeka Battery Materials Tbk and its competitors. According to the industry distribution chart, PT Merdeka Battery Materials Tbk ranks #329 out of 846 companies in the Metals & Mining industry, placing it in the top 38.9%.
Is PT Merdeka Battery Materials Tbk's FCF Margin % too high?
PT Merdeka Battery Materials Tbk's current FCF Margin % is 26.13%. Based on the distribution chart, PT Merdeka Battery Materials Tbk ranks #329 out of 846 companies in the Metals & Mining industry, which is above the industry midpoint. 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 FCF Margin % compare to HL and SIND?
According to the Metals & Mining industry distribution chart, PT Merdeka Battery Materials Tbk ranks #329 out of 846 companies for FCF Margin %. This puts PT Merdeka Battery Materials Tbk in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on PT Merdeka Battery Materials Tbk and its competitors. PT Merdeka Battery Materials Tbk's current FCF Margin % is 26.13%. 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 FCF Margin % is 26.13%. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current FCF Margin % is 26.13% 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:

  • FCF Margin %: 26.13%
  • 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

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp494.00
Price
Rp801.40
GF Value