The historical rank and industry rank for PT Merdeka Battery Materials Tbk's Net Margin % or its related term are showing as below:
ISX:MBMA'
s Net Margin % Range Over the Past 10 Years
Min: 0.52 Med: 1.65 Max: 4.75
Current: 2.05
ISX:MBMA's Net Margin % is ranked worse than 55.28% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs ISX:MBMA: 2.05
PT Merdeka Battery Materials Tbk (ISX:MBMA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
PT Merdeka Battery Materials Tbk Net Margin % Related Terms
PT Merdeka Battery Materials Tbk Net Margin % 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.
PT Merdeka Battery Materials Tbk Net Margin % Chart
For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials Tbk's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's Net Margin % distribution charts can be found below:
* The bar in red indicates where PT Merdeka Battery Materials Tbk's Net Margin % falls into.
* 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 (ISX:MBMA) has a Net Margin % of 0.85% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on PT Merdeka Battery Materials Tbk and its competitors. This is 48% below median its historical median of 1.65. Over the past decade, PT Merdeka Battery Materials Tbk's Net Margin % has ranged from 0.52 to 4.75. According to the industry distribution chart, PT Merdeka Battery Materials Tbk ranks #466 out of 843 companies in the Metals & Mining industry, placing it in the top 55.3%.
Is PT Merdeka Battery Materials Tbk's Net Margin % too high?
PT Merdeka Battery Materials Tbk's current Net Margin % of 0.85% is 48% below median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 4.75. The Metals & Mining industry median Net Margin % is 3.41. PT Merdeka Battery Materials Tbk's value of 0.85% is 75.1% below this industry median. Based on the distribution chart, PT Merdeka Battery Materials Tbk ranks #466 out of 843 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Net Margin % compare to HL?
According to the Metals & Mining industry distribution chart, PT Merdeka Battery Materials Tbk ranks #466 out of 843 companies for Net Margin %. This places PT Merdeka Battery Materials Tbk in the lower half of its industry. The industry median Net Margin % is 3.41. PT Merdeka Battery Materials Tbk's value of 0.85% is 75.1% below this benchmark. Historically, PT Merdeka Battery Materials Tbk's own Net Margin % has ranged from 0.52 to 4.75 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 3.41, PT Merdeka Battery Materials Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.41, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Merdeka Battery Materials Tbk's current Net Margin % of 0.85% is 75.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on PT Merdeka Battery Materials Tbk and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Battery Materials Tbk's current Net Margin % is 0.85%, which is 48% below median its own 10-year median of 1.65. 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 Rp809.67, compared to a current price of Rp505.00 — trading 37.6% below its estimated fair value. The current Net Margin % is 0.85%, which is 48% below median its 10-year median of 1.65 and 75.1% below the Metals & Mining industry median of 3.41. PT Merdeka Battery Materials Tbk's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current Net Margin % is 0.85% as of Dec. 2025. 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 Rp505.00 is trading 37.6% below its estimated GF Value™ of Rp809.67.
GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.
Key valuation signals for ISX:MBMA:
Net Margin %: 0.85% (48% below median its 10-year median of 1.65)
GF Value™: Rp809.67 vs. price of Rp505.00 (37.6% below fair value)
Industry Position: 75.1% below the Metals & Mining median (#466 of 843)
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
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.
54GF Score
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