Garuda Maintenance Facility Aero Asia Tbk. vs Perusahaan Gas Negara Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T, 10.61M 24h volume), while Perusahaan Gas Negara Tbk. trades at Rp1,495 (market cap 36.12T, 5.51M 24h volume). The key difference: Perusahaan Gas Negara Tbk. is far larger — about 5.6× Garuda Maintenance Facility Aero Asia Tbk.'s market cap, and Garuda Maintenance Facility Aero Asia Tbk. is more actively traded (10.61M versus 5.51M). Which is the better fit depends on your goals.
| GMFI | PGAS | |
|---|---|---|
Market Cap | 6.49T | 36.12T |
Volume | 10.61M | 5.51M |
Lot | 106.09K | 55.14K |
Turnover | 550.71M | 8.22B |
Average Price | 51.91 | 1,489.8 |
Value | 550.71M | 8.22B |
Indicative Equilibrium Price | 52 | 1,490 |
Indicative Equilibrium Volume | 5.25M | 77.3K |
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 Perusahaan Gas Negara (Persero) (the company) originated from a private Dutch company named Firma L.J.N Eindhoven & Co. Gravenhage, which was established in 1859. The company was named NV. Netherland Indische Gaz Maatscapij when the Dutch took control in 1950. In 1958, when Government of Indonesia took over company, the name was changed to Badan Pengambil Alih Perusahaan-perusahaan Listrik dan Gas (BP3LG), and then became BPU-PLN in 1961. On May 13, 1965, the company was established as a state company and known as PN Gas. In 1984, PN Gas converted into public service enterprices (perum) under the name of Perum Gas. And in 1996 the status of company was changed to PT Perusahaan Gas Negara (Persero).
Read more on PGAS →