Garuda Maintenance Facility Aero Asia Tbk. vs Indofood CBP Sukses Makmur Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T, 65.88M 24h volume), while Indofood CBP Sukses Makmur Tbk. trades at Rp6,600 (market cap 77.55T, 1.5M 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 11.9× Garuda Maintenance Facility Aero Asia Tbk.'s market cap, and Garuda Maintenance Facility Aero Asia Tbk. is more actively traded (65.88M versus 1.5M). Which is the better fit depends on your goals.
| GMFI | ICBP | |
|---|---|---|
Market Cap | 6.49T | 77.55T |
Volume | 65.88M | 1.5M |
Lot | 658.78K | 15.02K |
Turnover | 3.43B | 9.93B |
Average Price | 52.1 | 6,612.5 |
Value | 3.43B | 9.93B |
Indicative Equilibrium Price | 52 | 6,600 |
Indicative Equilibrium Volume | 69.02K | 3.08K |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Indofood CBP Sukses Makmur (the company) was established on Sept 2, 2009, based on Notarial Deed No.25 of Herdimansyah Chaidirsyah, S.H. The Company’s Articles of Association was amended several times, the latest of which was covered in the Notarial Deed no.28 of Benny Kristianto dated Jun 10, 2010, among other, 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.The Company was a spin-off of the noodle division and food ingredient division of PT Indofood Sukses Makmur Tbk, the shareholder of the Company, and started to carry out the related business operations on Oct 1, 2009.
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