Garuda Maintenance Facility Aero Asia Tbk. vs Champion Pacific Indonesia Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T, 10.81M 24h volume), while Champion Pacific Indonesia Tbk. trades at Rp420 (market cap 384.1B, 200 24h volume). The key difference: Garuda Maintenance Facility Aero Asia Tbk. is far larger — about 16.9× Champion Pacific Indonesia Tbk.'s market cap, and Garuda Maintenance Facility Aero Asia Tbk. is more actively traded (10.81M versus 200). Which is the better fit depends on your goals.
| GMFI | IGAR | |
|---|---|---|
Market Cap | 6.49T | 384.1B |
Volume | 10.81M | 200 |
Lot | 108.07K | 2 |
Turnover | 560.94M | 83.4K |
Average Price | 51.9 | 417 |
Value | 560.94M | 83.4K |
Indicative Equilibrium Price | 52 | 414 |
Indicative Equilibrium Volume | 5.25M | 100 |
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 Champion Pacific Indonesia Tbk (The Company) formerly PT Kageo Igar Jaya was established under the name of PT Igar Jaya based on Notarial deed No. 195 dated October 30, 1975, of Mohamad Said Tadjoedin, SH, Notary in Jakarta. Igar Jaya was founded in October 1975 in the Republic of Indonesia as a joint venture with Owens-Illinois, a leading glass container manufacturer in the United States, initially in the production of glass vial and ampoules to support Indonesia’s pharmaceutical industry. However since 1987, due to customer demand, the Company has expanded to the business of plastic, aluminum foil (flexible packaging) and paper folding carton packaging products as well as disposable syringe not only to meet the needs of Indonesia’s pharmaceutical industry but also its cosmetic and food industries. In 1988, the Company relinquished its joint venture status with a view to entering the global market and today has customers in 14 countries outside Indonesia. These include: Britain, Bangladesh, Canada, Guinea, Malaysia, Mauritius, Pakistan, the Philippines, Saudi Arabia, Singapore, Thailand, Trinidad & Tobago, the United States and Zaire.
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