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In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Gulf Hotels Group BSC's Net-Net Working Capital for the quarter that ended in Jun. 2026 was BHD0.05.
The industry rank for Gulf Hotels Group BSC's Net-Net Working Capital or its related term are showing as below:
BAH:GHG's Price-to-Net-Net-Working-Capital is ranked worse than 57.21% of 208
companies
in the Travel & Leisure industry
Industry Median: 6.03
vs BAH:GHG: 7.40
Gulf Hotels Group BSC (BAH:GHG) Net-Net Working Capital Explanation
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 value. They are collected under our Net-Net screener.
Gulf Hotels Group BSC Net-Net Working Capital Related Terms
Gulf Hotels Group BSC Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Gulf Hotels Group BSC's Net-Net Working Capital 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-Net Working Capital Chart
BAH:GHG vs MAR, HLT, H: Net-Net Working Capital Comparison
For the Lodging subindustry, Gulf Hotels Group BSC's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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-Net-Working-Capital vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Gulf Hotels Group BSC's Price-to-Net-Net-Working-Capital 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
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.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of BHD0.05 mean?
Gulf Hotels Group BSC (BAH:GHG) has a Net-Net Working Capital of BHD0.05 as of Jun. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Gulf Hotels Group BSC According to the industry distribution chart, Gulf Hotels Group BSC ranks #119 out of 208 companies in the Travel & Leisure industry, placing it in the top 57.2%.
Is Gulf Hotels Group BSC's Net-Net Working Capital too high?
Gulf Hotels Group BSC's current Net-Net Working Capital is BHD0.05. Based on the distribution chart, Gulf Hotels Group BSC ranks #119 out of 208 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Gulf Hotels Group BSC has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gulf Hotels Group BSC's Net-Net Working Capital compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Gulf Hotels Group BSC ranks #119 out of 208 companies for Net-Net Working Capital. This places Gulf Hotels Group BSC in the lower half of its industry. The industry median Net-Net Working Capital is 6.03. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Travel & Leisure company?
The median Net-Net Working Capital among Travel & Leisure companies is 6.03, based on 208 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Gulf Hotels Group BSC For the Travel & Leisure industry, the median Net-Net Working Capital is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Hotels Group BSC's current Net-Net Working Capital is BHD0.05. 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 Fairly Valued. The stock's GF Value™ is BHD0.35, compared to a current price of BHD0.37 — trading 5.7% above its estimated fair value. The current Net-Net Working Capital is BHD0.05. Gulf Hotels Group BSC's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Gulf Hotels Group BSC (BAH:GHG), the current Net-Net Working Capital is BHD0.05 as of Jun. 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 overvalued.
The current stock price of BHD0.37 is trading 5.7% above its estimated GF Value™ of BHD0.35.
GuruFocus considers Gulf Hotels Group BSC to be Fairly Valued.
Key valuation signals for BAH:GHG:
Net-Net Working Capital: BHD0.05
GF Value™: BHD0.35 vs. price of BHD0.37 (5.7% above fair value)
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 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.
50GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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