Garuda Indonesia (Persero) Tbk. vs Indofood Sukses Makmur Tbk. — how do they compare? Garuda Indonesia (Persero) Tbk. trades at Rp53 (market cap 21.17T, 30.41M 24h volume), while Indofood Sukses Makmur Tbk. trades at Rp6,750 (market cap 59.49T, 6.44M 24h volume). The key difference: Indofood Sukses Makmur Tbk. is far larger — about 2.8× Garuda Indonesia (Persero) Tbk.'s market cap, and Garuda Indonesia (Persero) Tbk. is more actively traded (30.41M versus 6.44M). Which is the better fit depends on your goals.
| GIAA | INDF | |
|---|---|---|
Market Cap | 21.17T | 59.49T |
Volume | 30.41M | 6.44M |
Lot | 304.11K | 64.37K |
Turnover | 1.59B | 43.46B |
Average Price | 52.22 | 6,750.8 |
Value | 1.59B | 43.46B |
Indicative Equilibrium Price | 53 | 6,750 |
Indicative Equilibrium Volume | 527 | 2.16K |
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 Indofood Sukses Makmur Tbk was established on August 14, 1990 under its original name PT Panganjaya Intikusuma. The Ministry of Justice in its decision letter dated July 12, 1991 approved the deed of establishment. The company’s articles of association has been amended from time to time, the latest of which was covered by notarial deed No. 149 of the same notary dated June 24, 1997 concerning, among others, the increase in the company’s authorized capital stock, the change in the company’s name from PT Indofood Sukses Makmur to PT Indofood Sukses Makmur Tbk, and the change in the company’s corporate life from limited to unlimited period. The Company started its commercial operations in 1990. The company’s shares are listed in the Jakarta and Surabaya Stock Exchanges.
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