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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).
Hollywood Bowl Group's net current asset value per share for the quarter that ended in Mar. 2026 was €-1.70.
The historical rank and industry rank for Hollywood Bowl Group's Net Current Asset Value or its related term are showing as below:
FRA:2H4's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.05 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Hollywood Bowl Group (FRA:2H4) 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 Grahams 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.
Hollywood Bowl Group Net Current Asset Value Related Terms
Hollywood Bowl Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Hollywood Bowl Group'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.
Hollywood Bowl Group Net Current Asset Value Chart
FRA:2H4 vs AS, HAS, LTH: Net Current Asset Value Comparison
For the Leisure subindustry, Hollywood Bowl Group'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.
Hollywood Bowl Group Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Hollywood Bowl Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Hollywood Bowl Group's Price-to-Net-Current-Asset-Value falls into.
* 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 €-1.70 mean?
Hollywood Bowl Group (FRA:2H4) has a Net Current Asset Value of €-1.70 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 Hollywood Bowl Group and its competitors. According to the industry distribution chart, Hollywood Bowl Group ranks #999999 out of 309 companies in the Travel & Leisure industry.
Is Hollywood Bowl Group's Net Current Asset Value too high?
Hollywood Bowl Group's current Net Current Asset Value is €-1.70. Based on the distribution chart, Hollywood Bowl Group ranks #999999 out of 309 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Hollywood Bowl Group has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hollywood Bowl Group's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Hollywood Bowl Group ranks #999999 out of 309 companies for Net Current Asset Value. This places Hollywood Bowl Group in the lower half of its industry. The industry median Net Current Asset Value is 4.05. 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 4.05, 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 Hollywood Bowl Group and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hollywood Bowl Group's current Net Current Asset Value is €-1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hollywood Bowl Group stock overvalued right now?
Based on GuruFocus' analysis, Hollywood Bowl Group (FRA:2H4) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.77, compared to a current price of €3.24 — trading 14.1% below its estimated fair value. The current Net Current Asset Value is €-1.70. Hollywood Bowl Group's overall GF Score™ is 94/100 with 6 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 Hollywood Bowl Group (FRA:2H4), the current Net Current Asset Value is €-1.70 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 Hollywood Bowl Group (FRA:2H4) Overvalued in 2026?
Based on GuruFocus' analysis, Hollywood Bowl Group stock appears to be undervalued.
The current stock price of €3.24 is trading 14.1% below its estimated GF Value™ of €3.77.
GuruFocus considers Hollywood Bowl Group to be Modestly Undervalued.
Key valuation signals for FRA:2H4:
Net Current Asset Value: €-1.70
GF Value™: €3.77 vs. price of €3.24 (14.1% below fair value)
No single metric tells the full story. See the FRA:2H4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hollywood Bowl Group PLC is principally engaged in operating ten-pin bowling and mini-golf centres, supplying and installing bowling equipment, and developing new centres and related activities. The company operates brands including Hollywood Bowl, Splitsville, and Puttstars, with activities focused on leisure and entertainment venues offering bowling and mini-golf. It has two operating segments: i) the provision of ten-pin bowling and mini-golf centres in the United Kingdom, and ii) the provision of ten-pin bowling and mini-golf centres and the installation of bowling equipment in Canada. The majority of revenue is generated from the UK segment from the provision of activities like Bowling, Food and drink, Amusements and Others.
94GF Score
Get the complete analysis for FRA:2H4
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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