Garuda Indonesia (Persero) Tbk. vs Harum Energy Tbk. — how do they compare? Garuda Indonesia (Persero) Tbk. trades at Rp53 (market cap 21.58T), while Harum Energy Tbk. trades at Rp795 (market cap 10.75T). The key difference: Garuda Indonesia (Persero) Tbk. is far larger — about 2× Harum Energy Tbk.'s market cap. Which is the better fit depends on your goals.
| GIAA | HRUM | |
|---|---|---|
Market Cap | 21.58T | 10.75T |
Indicative Equilibrium Price | 53 | 795 |
Indicative Equilibrium Volume | 5.85K | 26 |
Trailing returns across standard periods
Latest headlines on both assets
The Company is a state-owned airline of the republic of Indonesia and commercial air transportation service provider for passenger, cargo, and other services related to air transportation in Indonesia. The Company also provides services related aviation services, including repairs, maintenance and overhaul (MRO), aircraft, ground services, air tickets reservation and provision, and in fight catering, as well as travel services, tourism and hospitality.The Company was established on March 31, 1950 with the name of Garuda Indonesian Airways NV domiciled in Central Jakarta. In accordance with government regulations, in 1975 the company changed its form a Limited Liability Company (Persero) PT Garuda Indonesian Airways.
Read more on GIAA →PT Harum Energy (the company) was established under its original name of PT Asia Antrasit on Oct 12th, 1995 then changed to PT Harum Energy based on Notaries Deed dated Nov 13, 2007 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 11 of Sugito Tedjamulja, S.H., dated Mar 3, 2010, concerning among others, the change in the Company’s name and for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.
Read more on HRUM →