Garuda Maintenance Facility Aero Asia Tbk. vs Midi Utama Indonesia Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T, 10.24M 24h volume), while Midi Utama Indonesia Tbk. trades at Rp280 (market cap 9.5T, 379K 24h volume). The key difference: Midi Utama Indonesia Tbk. is the larger of the two by market cap, and Garuda Maintenance Facility Aero Asia Tbk. is more actively traded (10.24M versus 379K). Which is the better fit depends on your goals.
| GMFI | MIDI | |
|---|---|---|
Market Cap | 6.49T | 9.5T |
Volume | 10.24M | 379K |
Lot | 102.43K | 3.79K |
Turnover | 532.03M | 106.6M |
Average Price | 51.94 | 281.27 |
Value | 532.03M | 106.6M |
Indicative Equilibrium Price | 52 | 284 |
Indicative Equilibrium Volume | 5.25M | 3.6K |
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 Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
Read more on MIDI →