Garuda Maintenance Facility Aero Asia Tbk. vs Indo Straits Tbk. — how do they compare? Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T, 6.95M 24h volume), while Indo Straits Tbk. trades at Rp270 (market cap 147.44B, 5.1K 24h volume). The key difference: Garuda Maintenance Facility Aero Asia Tbk. is far larger — about 44× Indo Straits Tbk.'s market cap, and Garuda Maintenance Facility Aero Asia Tbk. is more actively traded (6.95M versus 5.1K). Which is the better fit depends on your goals.
| GMFI | PTIS | |
|---|---|---|
Market Cap | 6.49T | 147.44B |
Volume | 6.95M | 5.1K |
Lot | 69.47K | 51 |
Turnover | 360.76M | 1.37M |
Average Price | 51.93 | 268.12 |
Value | 360.76M | 1.37M |
Indicative Equilibrium Price | 52 | 268 |
Indicative Equilibrium Volume | 5.25M | 400 |
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 Indo Straits (the "Company") was established based on Notarial Deed No 319 of Ridwan SH, dated January 21, 1985. The Company's Articles of Association have been amended several times. The latest amendment was based on Notarial Deed No. 4 of Leolin Jayanti SH dated March 8, 2011 pertaining of change composition of the Company's board of Commissioners and Boards of Directors, issuance of new share to be offered to the public in the Initial Public Offering, and amendment of the Article of Association of the Company to become a public entity.
Read more on PTIS →