PT Merdeka Battery Materials Tbk (ISX:MBMA) Receipts from Customers: Rp23,929,692 Mil (TTM 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.

ISX:MBMA PT Merdeka Battery Materials Tbk ISX:MBMA
51 GF Score
Price Rp555.00
GF Value Rp862.53
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Merdeka Battery Materials Tbk Receipts from Customers?

PT Merdeka Battery Materials Tbk ISX:MBMA -2.63% 51 Receipts from Customers is Rp23,929,692 Mil as of Mar. 2026. GuruFocus rates ISX:MBMA with a GF Score™ of 51/100 and a GF Value™ of Rp862.53 (Significantly Undervalued). The stock has 6 warning signs investors should review.

PT Merdeka Battery Materials Tbk's Receipts from Customers for the three months ended in Mar. 2026 was Rp8,460,326 Mil.

PT Merdeka Battery Materials Tbk's Receipts from Customers for the trailing twelve months (TTM) ended in Mar. 2026 was Rp23,929,692 Mil.


PT Merdeka Battery Materials Tbk Receipts from Customers Historical Data

* Premium members only.

The historical data trend for PT Merdeka Battery Materials Tbk's Receipts from Customers 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 Receipts from Customers Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receipts from Customers
Get a 7-Day Free Trial 0.00 7,677,971.92 22,458,217.49 28,669,636.50 22,165,043.01

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
Receipts from Customers 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 6,454,615.52 4,243,345.46 3,658,528.13 7,567,492.61 8,460,326.06
ISX:MBMA
51GF Score
PT Merdeka Battery Materials Tbk ISX:MBMA
Receipts from Customers is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Merdeka Battery Materials Tbk Receipts from Customers Calculation

A company's cash flow from operations for a time period can be determined using either the direct or indirect method. The indirect method modifies the operating section from accrual accounting to a cash basis by taking the net income generated in a period and adding or subtracting changes in the asset and liability accounts to determine the implied cash flow. However, the direct method uses actual cash inflows and outflows from the company's operations directly. Receipts from Customers represents payment received from customers in the direct cash flow method.

Receipts from Customers for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp23,929,692 Mil.

* 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.

What does a Receipts from Customers of Rp23,929,692 Mil mean?
PT Merdeka Battery Materials Tbk (ISX:MBMA) has a Receipts from Customers of Rp23,929,692 Mil as of Mar. 2026. Receipts from Customers represents payment received from customers in the direct cash flow method. View historical data for PT Merdeka Battery Materials Tbk and its competitors.
Is PT Merdeka Battery Materials Tbk's Receipts from Customers too high?
PT Merdeka Battery Materials Tbk's current Receipts from Customers is Rp23,929,692 Mil. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Receipts from Customers compare to HL?
PT Merdeka Battery Materials Tbk's Receipts from Customers of Rp23,929,692 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 Receipts from Customers for a Metals & Mining company?
A good Receipts from Customers depends on the Metals & Mining industry context. However, Receipts from Customers 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 Receipts from Customers mean?
A high Receipts from Customers can signal that a stock is expensive relative to its fundamentals. Receipts from Customers represents payment received from customers in the direct cash flow method. View historical data for PT Merdeka Battery Materials Tbk and its competitors. PT Merdeka Battery Materials Tbk's current Receipts from Customers is Rp23,929,692 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 Rp862.53, compared to a current price of Rp555.00 — trading 35.7% below its estimated fair value. The current Receipts from Customers is Rp23,929,692 Mil. PT Merdeka Battery Materials Tbk's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receipts from Customers calculated?
Receipts from Customers is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current Receipts from Customers is Rp23,929,692 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 Rp555.00 is trading 35.7% below its estimated GF Value™ of Rp862.53. GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MBMA:

  • Receipts from Customers: Rp23,929,692 Mil
  • GF Value™: Rp862.53 vs. price of Rp555.00 (35.7% below fair value)
  • GF Score™: 51/100 with 6 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.
51GF Score

Get the complete analysis for ISX:MBMA

Receipts from Customers is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp555.00
Price
Rp862.53
GF Value