Citatah Tbk. vs Garuda Maintenance Facility Aero Asia Tbk. — how do they compare? Citatah Tbk. trades at Rp109 (market cap 136.62B, 3.38M 24h volume), while Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T, 65.88M 24h volume). The key difference: Garuda Maintenance Facility Aero Asia Tbk. is far larger — about 47.5× Citatah Tbk.'s market cap, and Garuda Maintenance Facility Aero Asia Tbk. is more actively traded (65.88M versus 3.38M). Which is the better fit depends on your goals.
| CTTH | GMFI | |
|---|---|---|
Market Cap | 136.62B | 6.49T |
Volume | 3.38M | 65.88M |
Lot | 33.83K | 658.78K |
Turnover | 370.83M | 3.43B |
Average Price | 109.63 | 52.1 |
Value | 370.83M | 3.43B |
Indicative Equilibrium Price | 109 | 52 |
Indicative Equilibrium Volume | 1.66K | 69.02K |
Trailing returns across standard periods
Latest headlines on both assets
Citatah was the first private company to develop Indonesia’s marble resources, and has been involved in the extraction and processing of marble for twenty five years. Established in 1974, the company began mining began mining beige marble from its quarry near Bandung, and subsequently achieved a dominant market position for its material in Indonesia. In January 1996, the company acquired a 90% shareholding in PT Quarindah Ekamaju Marmer, a marble company with quarries and a modern processing plant in Singkep, South Sulawesi. Soon after, Citatah acquired a license to mine an additional quarry at Pingkep, which increased the company’s potential raw material output to 60,000 cubic meters a year. In 1998, Citatah opened its Special Projects Centre at Karawang, East of Jakarta. This processing facility comprises a marble and granite slab cutting and polishing factory alongside a design and fabrication factory, which houses a variety of specialist cutting, shaping and finishing machinery. The special projects center is considered to be one of the most modern and complete stone fabrication factories in the world. In 1999, Citatah began excavation at a 50 hectare quarry site in West Timur. This new quarry produces a unique and attractive beige marble which will become the company’s principal export product for the new millennium. Work has already begun on the necessary infrastructure to fully develop the quarry site. An international sales network of agents and representatives supports Citatah’s production, and a majority owned sales subsidiary, UGMC Inc., in California, USA. In 1999, three quarters of the company’s production was exported, mainly to markets in the Asia Pacific region and the US, an overseas revenues accounted for over 90% of Total Sales, and in 2000, 75% of Total Sales.
Read more on CTTH →Starting out in 1949, GMF AeroAsia originated as the Technical Division of Garuda Indonesia Airlines at the Kemayoran and Halim Perdanakusuma airports in Jakarta, Indonesia. In 1984, GMF AeroAsia was relocated to Soekarno-Hatta International Airport and rebranded itself as the Division of Maintenance & Engineering (M & E), which eventually developed into an independent business unit.Subsequently in 1998, the M & E Division transformed into the Strategic Business Unit (SBU-GMF), handling all Garuda Indonesia's fleet maintenance activities, thus honing its competitive edge. Eventually in 2002 SBU-GMF was spun off from Garuda Indonesia, and officially became an independent entity under the name of PT Garuda Maintenance Facility Aero Asia.GMF AeroAsia is now rightly considered as the best and biggest aircraft maintenance companies in the region, providing the excellence of integrated solutions for all customers around the world.PT. Garuda Maintenance Facility Aero Asia Tbk (the Company) was established based on deed No. 93 dated April 26, 2002 of Arry Supratno, SH, notary in Jakarta.
Read more on GMFI →