View Future GrowthMerdeka Battery Materials 過去の業績過去 基準チェック /36Merdeka Battery Materialsは、平均年間30.1%の収益成長を遂げていますが、 Metals and Mining業界の収益は、年間 成長しています。収益は、平均年間8.1% 40.4%収益成長率で 成長しています。 Merdeka Battery Materialsの自己資本利益率は4.3%であり、純利益率は2.1%です。主要情報30.08%収益成長率25.09%EPS成長率Metals and Mining 業界の成長33.91%収益成長率40.36%株主資本利益率4.28%ネット・マージン2.06%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Apr 01Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$0 (in line with FY 2024). Revenue: US$1.43b (down 22% from FY 2024). Net income: US$29.6m (up 30% from FY 2024). Profit margin: 2.1% (up from 1.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were behind analyst estimates. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 33% growth forecast for the Metals and Mining industry in Indonesia.Reported Earnings • Dec 19Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0 (in line with 3Q 2024). Revenue: US$307.3m (down 33% from 3Q 2024). Net income: US$19.5m (up US$21.4m from 3Q 2024). Profit margin: 6.3% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) were also behind analyst estimates. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 38% growth forecast for the Metals and Mining industry in Indonesia.Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: US$0 (vs US$0 in 2Q 2023)Second quarter 2024 results: EPS: US$0 (in line with 2Q 2023). Revenue: US$477.4m (up 129% from 2Q 2023). Net income: US$16.7m (up US$29.4m from 2Q 2023). Profit margin: 3.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in Indonesia.Reported Earnings • Jun 06First quarter 2024 earnings released: EPS: US$0 (vs US$0 in 1Q 2023)First quarter 2024 results: EPS: US$0 (in line with 1Q 2023). Revenue: US$444.2m (up 153% from 1Q 2023). Net income: US$3.67m (up US$13.5m from 1Q 2023). Profit margin: 0.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Indonesia.Reported Earnings • Mar 29Full year 2023 earnings released: EPS: US$0 (vs US$0 in FY 2022)Full year 2023 results: EPS: US$0 (in line with FY 2022). Revenue: US$1.33b (up 192% from FY 2022). Net income: US$6.93m (down 68% from FY 2022). Profit margin: 0.5% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Metals and Mining industry in Indonesia.Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: US$0 (vs US$1.34 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0 (improved from US$1.34 loss in 3Q 2022). Revenue: US$522.9m (up 226% from 3Q 2022). Net income: US$20.3m (up US$30.9m from 3Q 2022). Profit margin: 3.9% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 59% decline forecast for the Metals and Mining industry in Indonesia.すべての更新を表示Recent updatesお知らせ • May 06PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 11, 2026PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 11, 2026.Major Estimate Revision • May 06Consensus revenue estimates increase by 16%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$2.51b to US$2.90b. EPS estimate unchanged from US$0.0014 at last update. Metals and Mining industry in Indonesia expected to see average net income growth of 72% next year. Consensus price target of Rp763 unchanged from last update. Share price fell 4.3% to Rp660 over the past week.Reported Earnings • Apr 01Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$0 (in line with FY 2024). Revenue: US$1.43b (down 22% from FY 2024). Net income: US$29.6m (up 30% from FY 2024). Profit margin: 2.1% (up from 1.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were behind analyst estimates. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 33% growth forecast for the Metals and Mining industry in Indonesia.New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Mar 17PT Merdeka Battery Materials Tbk. (IDX:MBMA) announces an Equity Buyback for 1,800,000,000 shares, for IDR 1,700,000 million.PT Merdeka Battery Materials Tbk. (IDX:MBMA) announces a share repurchase program. Under the plan, the company will repurchase up to 1,800,000,000 shares for IDR 1,700,000 million. The purpose of program is to maintain share price stability and strengthen investor confidence. The program is valid till June 16, 2026.Major Estimate Revision • Dec 24Consensus EPS estimates increase by 110%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$1.57b to US$1.42b. EPS estimate rose from US$0.0002 to US$0.0004. Net income forecast to grow 260% next year vs 61% growth forecast for Metals and Mining industry in Indonesia. Consensus price target broadly unchanged at Rp675. Share price was steady at Rp545 over the past week.Reported Earnings • Dec 19Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0 (in line with 3Q 2024). Revenue: US$307.3m (down 33% from 3Q 2024). Net income: US$19.5m (up US$21.4m from 3Q 2024). Profit margin: 6.3% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) were also behind analyst estimates. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 38% growth forecast for the Metals and Mining industry in Indonesia.Major Estimate Revision • Oct 14Consensus EPS estimates fall by 21%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.55b to US$1.58b. EPS estimate fell from US$0.0001 to US$0.0001 per share. Net income forecast to grow 741% next year vs 49% growth forecast for Metals and Mining industry in Indonesia. Consensus price target up from Rp531 to Rp595. Share price fell 4.9% to Rp585 over the past week.Board Change • Oct 14No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Didi Achjari was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 05PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 10, 2025PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 10, 2025.Major Estimate Revision • Nov 02Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$1.93b to US$1.91b. EPS estimate rose from US$0.0002 to US$0.0003. Net income forecast to grow 100% next year vs 61% growth forecast for Metals and Mining industry in Indonesia. Consensus price target broadly unchanged at Rp724. Share price rose 2.9% to Rp540 over the past week.Major Estimate Revision • Oct 07Consensus EPS estimates fall by 65%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$2.07b to US$1.94b. EPS estimate also fell from US$0.0006 per share to US$0.0002 per share. Net income forecast to grow 94% next year vs 34% growth forecast for Metals and Mining industry in Indonesia. Consensus price target broadly unchanged at Rp718. Share price fell 4.3% to Rp560 over the past week.Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: US$0 (vs US$0 in 2Q 2023)Second quarter 2024 results: EPS: US$0 (in line with 2Q 2023). Revenue: US$477.4m (up 129% from 2Q 2023). Net income: US$16.7m (up US$29.4m from 2Q 2023). Profit margin: 3.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in Indonesia.Major Estimate Revision • Sep 04Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$2.11b to US$2.07b. EPS estimate also fell from US$0.0007 per share to US$0.0006 per share. Net income forecast to grow 477% next year vs 13% growth forecast for Metals and Mining industry in Indonesia. Consensus price target broadly unchanged at Rp712. Share price fell 3.6% to Rp540 over the past week.Major Estimate Revision • Jun 27Consensus revenue estimates increase by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from US$1.91b to US$2.11b. EPS estimate unchanged from US$0.0009 at last update. Metals and Mining industry in Indonesia expected to see average net income growth of 54% next year. Consensus price target of Rp760 unchanged from last update. Share price rose 12% to Rp620 over the past week.Reported Earnings • Jun 06First quarter 2024 earnings released: EPS: US$0 (vs US$0 in 1Q 2023)First quarter 2024 results: EPS: US$0 (in line with 1Q 2023). Revenue: US$444.2m (up 153% from 1Q 2023). Net income: US$3.67m (up US$13.5m from 1Q 2023). Profit margin: 0.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Indonesia.Major Estimate Revision • May 18Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$1.98b to US$1.95b. EPS estimate also fell from US$0.0016 per share to US$0.0013 per share. Net income forecast to grow 2,401% next year vs 50% growth forecast for Metals and Mining industry in Indonesia. Consensus price target down from Rp796 to Rp770. Share price rose 4.3% to Rp605 over the past week.お知らせ • May 18PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 21, 2024PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 21, 2024.Reported Earnings • Mar 29Full year 2023 earnings released: EPS: US$0 (vs US$0 in FY 2022)Full year 2023 results: EPS: US$0 (in line with FY 2022). Revenue: US$1.33b (up 192% from FY 2022). Net income: US$6.93m (down 68% from FY 2022). Profit margin: 0.5% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Metals and Mining industry in Indonesia.New Risk • Feb 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: US$0 (vs US$1.34 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0 (improved from US$1.34 loss in 3Q 2022). Revenue: US$522.9m (up 226% from 3Q 2022). Net income: US$20.3m (up US$30.9m from 3Q 2022). Profit margin: 3.9% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 59% decline forecast for the Metals and Mining industry in Indonesia.New Risk • Oct 14New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.収支内訳Merdeka Battery Materials の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史IDX:MBMA 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Dec 251,4353033030 Sep 251,4003035030 Jun 251,551832031 Mar 251,7671633031 Dec 241,8452333030 Sep 241,8342529030 Jun 241,8994724031 Mar 241,6301829031 Dec 231,328727030 Sep 231,040-121030 Jun 23678-3127031 Mar 23534-217031 Dec 224562212030 Nov 224302514030 Sep 222892310031 Dec 21000031 Dec 200000質の高い収益: MBMAは 高品質の収益 を持っています。利益率の向上: MBMAの現在の純利益率 (2.1%)は、昨年(1.2%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: MBMA過去 5 年間で収益を上げており、収益は年間30.1%増加しています。成長の加速: MBMAの過去 1 年間の収益成長率 ( 29.8% ) は、5 年間の平均 ( 年間30.1%を下回っています。収益対業界: MBMAの過去 1 年間の収益成長率 ( 29.8% ) Metals and Mining業界33.4%を上回りませんでした。株主資本利益率高いROE: MBMAの 自己資本利益率 ( 4.3% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 02:26終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PT Merdeka Battery Materials Tbk. 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。12 アナリスト機関Yu Jie LoBofA Global ResearchJacquelin HamdaniCGS InternationalRyan DavisCitigroup Inc9 その他のアナリストを表示
Reported Earnings • Apr 01Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$0 (in line with FY 2024). Revenue: US$1.43b (down 22% from FY 2024). Net income: US$29.6m (up 30% from FY 2024). Profit margin: 2.1% (up from 1.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were behind analyst estimates. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 33% growth forecast for the Metals and Mining industry in Indonesia.
Reported Earnings • Dec 19Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0 (in line with 3Q 2024). Revenue: US$307.3m (down 33% from 3Q 2024). Net income: US$19.5m (up US$21.4m from 3Q 2024). Profit margin: 6.3% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) were also behind analyst estimates. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 38% growth forecast for the Metals and Mining industry in Indonesia.
Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: US$0 (vs US$0 in 2Q 2023)Second quarter 2024 results: EPS: US$0 (in line with 2Q 2023). Revenue: US$477.4m (up 129% from 2Q 2023). Net income: US$16.7m (up US$29.4m from 2Q 2023). Profit margin: 3.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in Indonesia.
Reported Earnings • Jun 06First quarter 2024 earnings released: EPS: US$0 (vs US$0 in 1Q 2023)First quarter 2024 results: EPS: US$0 (in line with 1Q 2023). Revenue: US$444.2m (up 153% from 1Q 2023). Net income: US$3.67m (up US$13.5m from 1Q 2023). Profit margin: 0.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Indonesia.
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: US$0 (vs US$0 in FY 2022)Full year 2023 results: EPS: US$0 (in line with FY 2022). Revenue: US$1.33b (up 192% from FY 2022). Net income: US$6.93m (down 68% from FY 2022). Profit margin: 0.5% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Metals and Mining industry in Indonesia.
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: US$0 (vs US$1.34 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0 (improved from US$1.34 loss in 3Q 2022). Revenue: US$522.9m (up 226% from 3Q 2022). Net income: US$20.3m (up US$30.9m from 3Q 2022). Profit margin: 3.9% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 59% decline forecast for the Metals and Mining industry in Indonesia.
お知らせ • May 06PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 11, 2026PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 11, 2026.
Major Estimate Revision • May 06Consensus revenue estimates increase by 16%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$2.51b to US$2.90b. EPS estimate unchanged from US$0.0014 at last update. Metals and Mining industry in Indonesia expected to see average net income growth of 72% next year. Consensus price target of Rp763 unchanged from last update. Share price fell 4.3% to Rp660 over the past week.
Reported Earnings • Apr 01Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$0 (in line with FY 2024). Revenue: US$1.43b (down 22% from FY 2024). Net income: US$29.6m (up 30% from FY 2024). Profit margin: 2.1% (up from 1.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were behind analyst estimates. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 33% growth forecast for the Metals and Mining industry in Indonesia.
New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Mar 17PT Merdeka Battery Materials Tbk. (IDX:MBMA) announces an Equity Buyback for 1,800,000,000 shares, for IDR 1,700,000 million.PT Merdeka Battery Materials Tbk. (IDX:MBMA) announces a share repurchase program. Under the plan, the company will repurchase up to 1,800,000,000 shares for IDR 1,700,000 million. The purpose of program is to maintain share price stability and strengthen investor confidence. The program is valid till June 16, 2026.
Major Estimate Revision • Dec 24Consensus EPS estimates increase by 110%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$1.57b to US$1.42b. EPS estimate rose from US$0.0002 to US$0.0004. Net income forecast to grow 260% next year vs 61% growth forecast for Metals and Mining industry in Indonesia. Consensus price target broadly unchanged at Rp675. Share price was steady at Rp545 over the past week.
Reported Earnings • Dec 19Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0 (in line with 3Q 2024). Revenue: US$307.3m (down 33% from 3Q 2024). Net income: US$19.5m (up US$21.4m from 3Q 2024). Profit margin: 6.3% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) were also behind analyst estimates. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 38% growth forecast for the Metals and Mining industry in Indonesia.
Major Estimate Revision • Oct 14Consensus EPS estimates fall by 21%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.55b to US$1.58b. EPS estimate fell from US$0.0001 to US$0.0001 per share. Net income forecast to grow 741% next year vs 49% growth forecast for Metals and Mining industry in Indonesia. Consensus price target up from Rp531 to Rp595. Share price fell 4.9% to Rp585 over the past week.
Board Change • Oct 14No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Independent Commissioner Didi Achjari was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 05PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 10, 2025PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 10, 2025.
Major Estimate Revision • Nov 02Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$1.93b to US$1.91b. EPS estimate rose from US$0.0002 to US$0.0003. Net income forecast to grow 100% next year vs 61% growth forecast for Metals and Mining industry in Indonesia. Consensus price target broadly unchanged at Rp724. Share price rose 2.9% to Rp540 over the past week.
Major Estimate Revision • Oct 07Consensus EPS estimates fall by 65%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$2.07b to US$1.94b. EPS estimate also fell from US$0.0006 per share to US$0.0002 per share. Net income forecast to grow 94% next year vs 34% growth forecast for Metals and Mining industry in Indonesia. Consensus price target broadly unchanged at Rp718. Share price fell 4.3% to Rp560 over the past week.
Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: US$0 (vs US$0 in 2Q 2023)Second quarter 2024 results: EPS: US$0 (in line with 2Q 2023). Revenue: US$477.4m (up 129% from 2Q 2023). Net income: US$16.7m (up US$29.4m from 2Q 2023). Profit margin: 3.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in Indonesia.
Major Estimate Revision • Sep 04Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$2.11b to US$2.07b. EPS estimate also fell from US$0.0007 per share to US$0.0006 per share. Net income forecast to grow 477% next year vs 13% growth forecast for Metals and Mining industry in Indonesia. Consensus price target broadly unchanged at Rp712. Share price fell 3.6% to Rp540 over the past week.
Major Estimate Revision • Jun 27Consensus revenue estimates increase by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from US$1.91b to US$2.11b. EPS estimate unchanged from US$0.0009 at last update. Metals and Mining industry in Indonesia expected to see average net income growth of 54% next year. Consensus price target of Rp760 unchanged from last update. Share price rose 12% to Rp620 over the past week.
Reported Earnings • Jun 06First quarter 2024 earnings released: EPS: US$0 (vs US$0 in 1Q 2023)First quarter 2024 results: EPS: US$0 (in line with 1Q 2023). Revenue: US$444.2m (up 153% from 1Q 2023). Net income: US$3.67m (up US$13.5m from 1Q 2023). Profit margin: 0.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Indonesia.
Major Estimate Revision • May 18Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$1.98b to US$1.95b. EPS estimate also fell from US$0.0016 per share to US$0.0013 per share. Net income forecast to grow 2,401% next year vs 50% growth forecast for Metals and Mining industry in Indonesia. Consensus price target down from Rp796 to Rp770. Share price rose 4.3% to Rp605 over the past week.
お知らせ • May 18PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 21, 2024PT Merdeka Battery Materials Tbk., Annual General Meeting, Jun 21, 2024.
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: US$0 (vs US$0 in FY 2022)Full year 2023 results: EPS: US$0 (in line with FY 2022). Revenue: US$1.33b (up 192% from FY 2022). Net income: US$6.93m (down 68% from FY 2022). Profit margin: 0.5% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Metals and Mining industry in Indonesia.
New Risk • Feb 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: US$0 (vs US$1.34 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0 (improved from US$1.34 loss in 3Q 2022). Revenue: US$522.9m (up 226% from 3Q 2022). Net income: US$20.3m (up US$30.9m from 3Q 2022). Profit margin: 3.9% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 59% decline forecast for the Metals and Mining industry in Indonesia.
New Risk • Oct 14New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.