Gulf Hotels Group BSC (BAH:GHG) Return-on-Tangible-Asset: 4.04% (As of Mar. 2026) — 33% 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
View Full Analysis

What is Gulf Hotels Group BSC Return-on-Tangible-Asset?

Gulf Hotels Group BSC BAH:GHG 68 Return-on-Tangible-Asset is 4.04% as of Mar. 2026, which is 33% below its 10-year median of 6.01. 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 857 Travel & Leisure companies, Gulf Hotels Group BSC ranks better than 76.2% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Gulf Hotels Group BSC's annualized Net Income for the quarter that ended in Mar. 2026 was BHD4.61 Mil. Gulf Hotels Group BSC's average total tangible assets for the quarter that ended in Mar. 2026 was BHD114.08 Mil. Therefore, Gulf Hotels Group BSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.04%.

The historical rank and industry rank for Gulf Hotels Group BSC's Return-on-Tangible-Asset or its related term are showing as below:

BAH:GHG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.36   Med: 6.01   Max: 16.21
Current: 7.51

During the past 13 years, Gulf Hotels Group BSC's highest Return-on-Tangible-Asset was 16.21%. The lowest was -6.36%. And the median was 6.01%.

BAH:GHG's Return-on-Tangible-Asset is ranked better than
76.2% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.83 vs BAH:GHG: 7.51

Gulf Hotels Group BSC  (BAH:GHG) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Gulf Hotels Group BSC Return-on-Tangible-Asset Related Terms


Gulf Hotels Group BSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Gulf Hotels Group BSC's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Gulf Hotels Group BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 5.92 6.10 7.92 8.51

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
Return-on-Tangible-Asset 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 8.65 9.86 4.43 11.64 4.04

BAH:GHG vs MAR, HLT, H: Return-on-Tangible-Asset Comparison

For the Lodging subindustry, Gulf Hotels Group BSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gulf Hotels Group BSC's Return-on-Tangible-Asset falls into.


BAH:GHG
68GF Score
Gulf Hotels Group BSC BAH:GHG
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gulf Hotels Group BSC Return-on-Tangible-Asset Calculation

Gulf Hotels Group BSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=9.781/( (112.862+116.977)/ 2 )
=9.781/114.9195
=8.51 %

Gulf Hotels Group BSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4.612/( (116.977+111.188)/ 2 )
=4.612/114.0825
=4.04 %

* 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 the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 4.04% mean?
Gulf Hotels Group BSC (BAH:GHG) has a Return-on-Tangible-Asset of 4.04% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gulf Hotels Group BSC and its competitors. This is 33% below median its historical median of 6.01. According to the industry distribution chart, Gulf Hotels Group BSC ranks #204 out of 857 companies in the Travel & Leisure industry, placing it in the top 23.8%.
Is Gulf Hotels Group BSC's Return-on-Tangible-Asset too high?
Gulf Hotels Group BSC's current Return-on-Tangible-Asset of 4.04% is 33% below median its 10-year median of 6.01. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.83. Gulf Hotels Group BSC's value of 4.04% is 42.8% above this industry median. Based on the distribution chart, Gulf Hotels Group BSC ranks #204 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Asset compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Gulf Hotels Group BSC ranks #204 out of 857 companies for Return-on-Tangible-Asset. This places Gulf Hotels Group BSC in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.83. Gulf Hotels Group BSC's value of 4.04% is 42.8% above this benchmark. While the company's 10-year median is 6.01 vs. the industry median of 2.83, Gulf Hotels Group BSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.83, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gulf Hotels Group BSC's current Return-on-Tangible-Asset of 4.04% is 42.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gulf Hotels Group BSC and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Hotels Group BSC's current Return-on-Tangible-Asset is 4.04%, which is 33% below median its own 10-year median of 6.01. 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 Return-on-Tangible-Asset is 4.04%, which is 33% below median its 10-year median of 6.01 and 42.8% above the Travel & Leisure industry median of 2.83. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Gulf Hotels Group BSC (BAH:GHG), the current Return-on-Tangible-Asset is 4.04% 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:

  • Return-on-Tangible-Asset: 4.04% (33% below median its 10-year median of 6.01)
  • GF Value™: BHD0.41 vs. price of BHD0.37 (9.8% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 42.8% above the Travel & Leisure median (#204 of 857)

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

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

BHD0.37
Price
BHD0.41
GF Value