Gulf Hotels Group BSC (BAH:GHG) Net Current Asset Value: BHD0.06 (As of Mar. 2026) — 99% Below Median

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BAH:GHG Gulf Hotels Group BSC BAH:GHG
68 GF Score
Price BHD0.37
GF Value BHD0.41
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Gulf Hotels Group BSC Net Current Asset Value?

Gulf Hotels Group BSC BAH:GHG 68 Net Current Asset Value is BHD0.06 as of Mar. 2026, which is 100% below its 10-year median of 6.17. GuruFocus rates BAH:GHG with a GF Score™ of 68/100 and a GF Value™ of BHD0.41 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 309 Travel & Leisure companies, Gulf Hotels Group BSC ranks worse than 60.52% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Gulf Hotels Group BSC's net current asset value per share for the quarter that ended in Mar. 2026 was BHD0.06.

The historical rank and industry rank for Gulf Hotels Group BSC's Net Current Asset Value or its related term are showing as below:

BAH:GHG' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.75   Med: 6.17   Max: 20.75
Current: 6.17

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gulf Hotels Group BSC was 20.75. The lowest was 3.75. And the median was 6.17.

BAH:GHG's Price-to-Net-Current-Asset-Value is ranked worse than
60.52% of 309 companies
in the Travel & Leisure industry
Industry Median: 4.2 vs BAH:GHG: 6.17

Gulf Hotels Group BSC  (BAH:GHG) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Gulf Hotels Group BSC Net Current Asset Value Related Terms


Gulf Hotels Group BSC Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Gulf Hotels Group BSC's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gulf Hotels Group BSC Net Current Asset Value Chart

Gulf Hotels Group BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.06 0.03 0.06 0.08

Gulf Hotels Group BSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 0.07 0.08 0.06

BAH:GHG vs MAR, HLT, H: Net Current Asset Value Comparison

For the Lodging subindustry, Gulf Hotels Group BSC's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gulf Hotels Group BSC Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Gulf Hotels Group BSC's Price-to-Net-Current-Asset-Value falls into.


BAH:GHG
68GF Score
Gulf Hotels Group BSC BAH:GHG
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gulf Hotels Group BSC Net Current Asset Value Calculation

Gulf Hotels Group BSC's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(24.386-6.726-0-0)/225.740
=0.08

Gulf Hotels Group BSC's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(20.174-5.501-0-0)/225.740
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of BHD0.06 mean?
Gulf Hotels Group BSC (BAH:GHG) has a Net Current Asset Value of BHD0.06 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Gulf Hotels Group BSC and its competitors. This is 99% below median its historical median of 6.17. Over the past decade, Gulf Hotels Group BSC's Net Current Asset Value has ranged from 3.75 to 20.75. According to the industry distribution chart, Gulf Hotels Group BSC ranks #187 out of 309 companies in the Travel & Leisure industry, placing it in the top 60.5%.
Is Gulf Hotels Group BSC's Net Current Asset Value too high?
Gulf Hotels Group BSC's current Net Current Asset Value of BHD0.06 is 99% below median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 20.75. Based on the distribution chart, Gulf Hotels Group BSC ranks #187 out of 309 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Gulf Hotels Group BSC has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gulf Hotels Group BSC's Net Current Asset Value compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Gulf Hotels Group BSC ranks #187 out of 309 companies for Net Current Asset Value. This places Gulf Hotels Group BSC in the lower half of its industry. The industry median Net Current Asset Value is 4.20. Historically, Gulf Hotels Group BSC's own Net Current Asset Value has ranged from 3.75 to 20.75 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.20, based on 309 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Gulf Hotels Group BSC and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Hotels Group BSC's current Net Current Asset Value is BHD0.06, which is 99% below median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Hotels Group BSC stock overvalued right now?
Based on GuruFocus' analysis, Gulf Hotels Group BSC (BAH:GHG) is currently considered Modestly Undervalued. The stock's GF Value™ is BHD0.41, compared to a current price of BHD0.37 — trading 9.8% below its estimated fair value. The current Net Current Asset Value is BHD0.06, which is 99% below median its 10-year median of 6.17. Gulf Hotels Group BSC's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Gulf Hotels Group BSC (BAH:GHG), the current Net Current Asset Value is BHD0.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gulf Hotels Group BSC (BAH:GHG) Overvalued in 2026?

Based on GuruFocus' analysis, Gulf Hotels Group BSC stock appears to be undervalued. The current stock price of BHD0.37 is trading 9.8% below its estimated GF Value™ of BHD0.41. GuruFocus considers Gulf Hotels Group BSC to be Modestly Undervalued.

Key valuation signals for BAH:GHG:

  • Net Current Asset Value: BHD0.06 (99% below median its 10-year median of 6.17)
  • GF Value™: BHD0.41 vs. price of BHD0.37 (9.8% below fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the BAH:GHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gulf Hotels Group BSC Business Description

Address Road 3801, Block 338, PO Box 580, Office 1001, Building 15, Manama, BHR
Gulf Hotels Group BSC is engaged in providing hospitality services. The company operates a diversified portfolio of hospitality and related businesses, including hotels and resorts, branded residences, food and beverage concepts, and specialized hospitality support services. The company has three segments: i) Hotel room operations including Hotel rooms and rental and executive apartments and offices, ii) Food and beverages segment including retail sale of food and beverages and convention operations, and iii) Investments and other activities segment. The majority of the revenue is generated from its Food and beverages segment. Geographically, the company's maximum revenue is generated from the Kingdom of Bahrain and the rest from the United Arab Emirates and Sri Lanka.
68GF Score

Get the complete analysis for BAH:GHG

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BHD0.37
Price
BHD0.41
GF Value