PT Merdeka Gold Resources TbkISX:EMAS +0.45%1 Market Cap is Rp82,127,366 Mil as of Jul. 12, 2026. GuruFocus rates ISX:EMAS with a GF Score™ of 1/100. The stock has 1 warning sign investors should review. Among 2,687 Metals & Mining companies, PT Merdeka Gold Resources Tbk ranks better than 94.86% on this metric.
PT Merdeka Gold Resources Tbk's quarterly market cap
increased
from Sep. 2025 (Rp53,622,172 Mil) to Dec. 2025 (Rp81,759,081 Mil) and
increased
from Dec. 2025 (Rp81,759,081 Mil) to Mar. 2026 (Rp120,797,201 Mil).
PT Merdeka Gold Resources Tbk's annual market cap
stayed the same
from Dec. 2023 (Rp0 Mil) to Dec. 2024 (Rp0 Mil) but then
increased
from Dec. 2024 (Rp0 Mil) to Dec. 2025 (Rp81,759,081 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. PT Merdeka Gold Resources Tbk's Enterprise Value for Today is Rp87,863,952 Mil.
PT Merdeka Gold Resources Tbk (ISX:EMAS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
PT Merdeka Gold Resources Tbk Market Cap Related Terms
PT Merdeka Gold Resources Tbk Market Cap Historical Data
* 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.
For the Gold subindustry, PT Merdeka Gold Resources Tbk's Market Cap, along with its competitors' market caps and Market Cap 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 Gold Resources Tbk Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Gold Resources Tbk's Market Cap distribution charts can be found below:
* The bar in red indicates where PT Merdeka Gold Resources Tbk's Market Cap falls into.
PT Merdeka Gold Resources Tbk Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 Gold Resources Tbk (ISX:EMAS) has a Market Cap of Rp82,127,366 Mil as of Jul. 12, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on PT Merdeka Gold Resources Tbk and its competitors. According to the industry distribution chart, PT Merdeka Gold Resources Tbk ranks #138 out of 2687 companies in the Metals & Mining industry, placing it in the top 5.1%.
Is PT Merdeka Gold Resources Tbk's Market Cap too high?
PT Merdeka Gold Resources Tbk's current Market Cap is Rp82,127,366 Mil. Based on the distribution chart, PT Merdeka Gold Resources Tbk ranks #138 out of 2687 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, PT Merdeka Gold Resources Tbk has a GF Score™ of 1/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Gold Resources Tbk's Market Cap compare to NEM and AU?
According to the Metals & Mining industry distribution chart, PT Merdeka Gold Resources Tbk ranks #138 out of 2687 companies for Market Cap. This places PT Merdeka Gold Resources Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.84. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 21.84, based on 2,687 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on PT Merdeka Gold Resources Tbk and its competitors. For the Metals & Mining industry, the median Market Cap is 21.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Gold Resources Tbk's current Market Cap is Rp82,127,366 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 Gold Resources Tbk stock overvalued right now?
PT Merdeka Gold Resources Tbk (ISX:EMAS) has a current Market Cap of Rp82,127,366 Mil. The current Market Cap is Rp82,127,366 Mil. PT Merdeka Gold Resources Tbk's overall GF Score™ is 1/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For PT Merdeka Gold Resources Tbk (ISX:EMAS), the current Market Cap is Rp82,127,366 Mil as of Jul. 12, 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.
PT Merdeka Gold Resources Tbk Business Description
PT Merdeka Gold Resources Tbk operates as a holding company overseeing a group engaged in gold mining and associated minerals, processing operations, and other vertically integrated related activities. Its products include gold products in the form of semi-finished gold bars produced from gold mining and ore processing activities, by-products derived from the gold processing activities, including silver contained in the dore bullion, integrated mining services and activities, covering exploration, mining, processing, and initial refining activities conducted through EMAS Group, and supporting mining-related services, including mine management, mining infrastructure, and other related activities within a vertically integrated value chain. It operates in single segment.
1GF Score
Get the complete analysis for ISX:EMAS
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:EMAS has been successfully added to your 