Garuda Maintenance Facility Aero Asia Tbk. vs Langgeng Makmur Industri Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T, 10.19M 24h volume), while Langgeng Makmur Industri Tbk. trades at Rp138 (market cap 140.18B, 12.9K 24h volume). The key difference: Garuda Maintenance Facility Aero Asia Tbk. is far larger — about 46.3× Langgeng Makmur Industri Tbk.'s market cap, and Garuda Maintenance Facility Aero Asia Tbk. is more actively traded (10.19M versus 12.9K). Which is the better fit depends on your goals.
| GMFI | LMPI | |
|---|---|---|
Market Cap | 6.49T | 140.18B |
Volume | 10.19M | 12.9K |
Lot | 101.86K | 129 |
Turnover | 529.09M | 1.79M |
Average Price | 51.95 | 138.47 |
Value | 529.09M | 1.79M |
Indicative Equilibrium Price | 52 | — |
Indicative Equilibrium Volume | 5.25M | — |
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. Langgeng Makmur Industri TBk (the Company) was established under the Domestic Capital Investment Law No. 6 of 1968 as amended by Law No. 12 of 1970, based on the Notarial Deed No. 40 dated November 30, 1972 of Kho Boen Tian, S.H., which was amended by Notarial Deed No. 3 dated January 7, 1976 of the same notary concerning the change in the Company name from PT Langgeng Jaya Plastic Industry Ltd., to PT Langgeng Makmur Plastic Industry Ltd. Based on Notarial Deed No. 450 dated June 27, 1997 of Adam Kasdarmadji, S.H., the Company's name has been changed, to PT Langgeng Makmur Industri Tbk.
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