PT Merdeka Battery Materials Tbk (ISX:MBMA) Revenue: Rp25,389,911 Mil (TTM As of Mar. 2026)

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ISX:MBMA PT Merdeka Battery Materials Tbk ISX:MBMA
44 GF Score
Price Rp515.00
GF Value Rp824.61
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is PT Merdeka Battery Materials Tbk Revenue?

PT Merdeka Battery Materials Tbk ISX:MBMA -1.90% 44 Revenue is Rp25,389,911 Mil as of Mar. 2026. GuruFocus rates ISX:MBMA with a GF Score™ of 44/100 and a GF Value™ of Rp824.61 (Significantly Undervalued). The stock has 5 warning signs investors should review.

PT Merdeka Battery Materials Tbk's revenue for the three months ended in Mar. 2026 was Rp7,705,125 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was Rp25,389,911 Mil. PT Merdeka Battery Materials Tbk's Revenue per Share for the three months ended in Mar. 2026 was Rp71.35. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was Rp235.10.

Warning Sign:

PT Merdeka Battery Materials Tbk revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of PT Merdeka Battery Materials Tbk was -10.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 49.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 7 years, PT Merdeka Battery Materials Tbk's highest 3-Year average Revenue per Share Growth Rate was 49.60% per year. The lowest was 49.60% per year. And the median was 49.60% per year.


PT Merdeka Battery Materials Tbk  (ISX:MBMA) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


PT Merdeka Battery Materials Tbk Revenue Related Terms


PT Merdeka Battery Materials Tbk Revenue Historical Data

* Premium members only.

The historical data trend for PT Merdeka Battery Materials Tbk's Revenue 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 Revenue Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial 0.00 7,116,331.73 20,609,283.07 29,581,208.59 23,966,689.33

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
Revenue 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 6,029,376.89 4,266,357.66 5,072,768.09 8,345,660.41 7,705,124.52

ISX:MBMA vs HL, SIND: Revenue Comparison

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

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

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


ISX:MBMA
44GF Score
PT Merdeka Battery Materials Tbk ISX:MBMA
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Merdeka Battery Materials Tbk Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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 Rp25,389,911 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of Rp25,389,911 Mil mean?
PT Merdeka Battery Materials Tbk (ISX:MBMA) has a Revenue of Rp25,389,911 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on PT Merdeka Battery Materials Tbk and its competitors.
Is PT Merdeka Battery Materials Tbk's Revenue too high?
PT Merdeka Battery Materials Tbk's current Revenue is Rp25,389,911 Mil. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's Revenue compare to HL and SIND?
PT Merdeka Battery Materials Tbk's Revenue of Rp25,389,911 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 Revenue for a Metals & Mining company?
A good Revenue depends on the Metals & Mining industry context. However, Revenue 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 Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on PT Merdeka Battery Materials Tbk and its competitors. PT Merdeka Battery Materials Tbk's current Revenue is Rp25,389,911 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 Rp824.61, compared to a current price of Rp515.00 — trading 37.5% below its estimated fair value. The current Revenue is Rp25,389,911 Mil. PT Merdeka Battery Materials Tbk's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current Revenue is Rp25,389,911 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 Rp515.00 is trading 37.5% below its estimated GF Value™ of Rp824.61. GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MBMA:

  • Revenue: Rp25,389,911 Mil
  • GF Value™: Rp824.61 vs. price of Rp515.00 (37.5% below fair value)
  • GF Score™: 44/100 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.
44GF Score

Get the complete analysis for ISX:MBMA

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

Rp515.00
Price
Rp824.61
GF Value