IDX:GMFI

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Garuda Maintenance Facility Aero Asia

Executive Summary

PT Garuda Maintenance Facility Aero Asia Tbk provides various aircraft maintenance, repair, and overhaul (MRO) services for aircraft, engines, and components in Africa, Asia, Australia, America, Europe, and Oceania. More Details


Snowflake Analysis

Imperfect balance sheet not a dividend payer.


Similar Companies

Share Price & News

How has Garuda Maintenance Facility Aero Asia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GMFI is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: GMFI's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

14.6%

GMFI

5.1%

ID Aerospace & Defense

2.0%

ID Market


1 Year Return

-37.0%

GMFI

37.6%

ID Aerospace & Defense

-10.2%

ID Market

Return vs Industry: GMFI underperformed the ID Aerospace & Defense industry which returned 37.6% over the past year.

Return vs Market: GMFI underperformed the ID Market which returned -10.2% over the past year.


Shareholder returns

GMFIIndustryMarket
7 Day14.6%5.1%2.0%
30 Day29.1%5.4%8.9%
90 Day24.4%-6.5%4.6%
1 Year-37.0%-37.0%39.4%37.6%-7.5%-10.2%
3 Year-69.6%-70.3%20.7%17.5%-4.6%-12.1%
5 Yearn/a-4.0%-7.3%29.4%13.9%

Long-Term Price Volatility Vs. Market

How volatile is Garuda Maintenance Facility Aero Asia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Garuda Maintenance Facility Aero Asia undervalued compared to its fair value and its price relative to the market?

4.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GMFI (IDR102) is trading above our estimate of fair value (IDR18.3)

Significantly Below Fair Value: GMFI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GMFI is unprofitable, so we can't compare its PE Ratio to the XA Aerospace & Defense industry average.

PE vs Market: GMFI is unprofitable, so we can't compare its PE Ratio to the ID market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GMFI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GMFI is overvalued based on its PB Ratio (4.4x) compared to the XA Aerospace & Defense industry average (2.7x).


Next Steps

Future Growth

How is Garuda Maintenance Facility Aero Asia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.7%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Garuda Maintenance Facility Aero Asia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Garuda Maintenance Facility Aero Asia performed over the past 5 years?

-79.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GMFI is currently unprofitable.

Growing Profit Margin: GMFI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GMFI is unprofitable, and losses have increased over the past 5 years at a rate of 79.5% per year.

Accelerating Growth: Unable to compare GMFI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GMFI is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (4.9%).


Return on Equity

High ROE: GMFI has a negative Return on Equity (-375.49%), as it is currently unprofitable.


Next Steps

Financial Health

How is Garuda Maintenance Facility Aero Asia's financial position?


Financial Position Analysis

Short Term Liabilities: GMFI's short term assets ($374.5M) exceed its short term liabilities ($365.6M).

Long Term Liabilities: GMFI's short term assets ($374.5M) exceed its long term liabilities ($201.2M).


Debt to Equity History and Analysis

Debt Level: GMFI's debt to equity ratio (887%) is considered high.

Reducing Debt: GMFI's debt to equity ratio has increased from 53% to 887% over the past 5 years.

Debt Coverage: GMFI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if GMFI's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Garuda Maintenance Facility Aero Asia current dividend yield, its reliability and sustainability?

3.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GMFI's dividend (3.07%) is higher than the bottom 25% of dividend payers in the ID market (1.45%).

High Dividend: GMFI's dividend (3.07%) is low compared to the top 25% of dividend payers in the ID market (5.68%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, GMFI has been paying a dividend for less than 10 years.

Growing Dividend: GMFI has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: GMFI is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Tazar Kurniawan (52 yo)

1.25yrs

Tenure

Mr. Tazar Marta Kurniawan serves as President Director and Chief Executive Officer at PT Garuda Maintenance Facility Aero Asia Tbk since August 29, 2019. He was Director of Business & Base Operations at PT...


Leadership Team

NamePositionTenureCompensationOwnership
Tazar Kurniawan
President Director & CEO1.25yrsno datano data
Edward Avianto
Director of Finance & Director2yrsno datano data
Deddy Fezantino
Vice President of Accounting1.08yrsno datano data
Apong Maryati
VP of Legal & Corporate Secretary1.17yrsno datano data
Arjo Widjoseno
VP of Information & Communication Technology1.33yrsno datano data
Mohamad Faisal
Senior VP of Sales & Marketing2.5yrsno datano data
Desrianto Prayogi
VP of Corporate Strategy & Business Development1.5yrsno datano data
Asep Kurnia
Director of Human Capital & Corporate Affairs and Director2.67yrsno data0%
$ 0
Endang Darajat
Vice President of Financial Analysis2.25yrsno datano data
Beni Gunawan
Director of Line Operations & Director2yrsno data0%
$ 0
Andi Fahrurrozi
Director of Business & Base Operationsno datano data0.00024%
$ 6.8m
Pudjo Sarwoko
Director of Line Operations & Director0.42yrno data0.00032%
$ 9.0m

1.8yrs

Average Tenure

49yo

Average Age

Experienced Management: GMFI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Tazar Kurniawan
President Director & CEO1.25yrsno datano data
Edward Avianto
Director of Finance & Director2yrsno datano data
Asep Kurnia
Director of Human Capital & Corporate Affairs and Director2.67yrsno data0%
$ 0
Beni Gunawan
Director of Line Operations & Director2yrsno data0%
$ 0
Pudjo Sarwoko
Director of Line Operations & Director0.42yrno data0.00032%
$ 9.0m
I. Susena
Director of Business & Base Operations & Director1.25yrsno data0.0013%
$ 37.6m
I. Gusti Ngurah Danadiputra
President Commissioner1.83yrsno datano data
Ali Gunawan
Independent Commissioner1.83yrsno datano data
Maria Endah Murni
Commissioner1.25yrsno datano data
Trisno Hendradi
Independent Commissioner1.25yrsno datano data

1.5yrs

Average Tenure

52yo

Average Age

Experienced Board: GMFI's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PT Garuda Maintenance Facility Aero Asia Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Garuda Maintenance Facility Aero Asia Tbk
  • Ticker: GMFI
  • Exchange: IDX
  • Founded: 1949
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: Rp2.823t
  • Shares outstanding: 28.23b
  • Website: https://www.gmf-aeroasia.co.id

Number of Employees


Location

  • PT Garuda Maintenance Facility Aero Asia Tbk
  • Garuda Indonesia Management Building
  • 3rd Floor
  • Tangerang
  • Banten
  • 15125
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GMFIIDX (Indonesia Stock Exchange)YesOrdinary SharesIDIDROct 2017

Biography

PT Garuda Maintenance Facility Aero Asia Tbk provides various aircraft maintenance, repair, and overhaul (MRO) services for aircraft, engines, and components in Africa, Asia, Australia, America, Europe, an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/23 15:06
End of Day Share Price2020/11/20 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.