Gulf Hotels Group BSC (BAH:GHG) Scaled Net Operating Assets: 0.80 (As of Mar. 2026)


BAH:GHG Gulf Hotels Group BSC BAH:GHG
68 GF Score
Price BHD0.36
GF Value BHD0.41
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Gulf Hotels Group BSC Scaled Net Operating Assets?

Gulf Hotels Group BSC BAH:GHG 68 Scaled Net Operating Assets is 0.80 as of Mar. 2026. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Gulf Hotels Group BSC's operating assets for the quarter that ended in Mar. 2026 was BHD99.24 Mil. Gulf Hotels Group BSC's operating liabilities for the quarter that ended in Mar. 2026 was BHD5.50 Mil. Gulf Hotels Group BSC's Total Assets for the quarter that ended in Dec. 2025 was BHD116.98 Mil. Therefore, Gulf Hotels Group BSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.80.


Gulf Hotels Group BSC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Gulf Hotels Group BSC's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Gulf Hotels Group BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.78 0.86 0.83 0.83

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
Scaled Net Operating Assets 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 0.78 0.82 0.83 0.83 0.80

BAH:GHG vs MAR, HLT, H: Scaled Net Operating Assets Comparison

For the Lodging subindustry, Gulf Hotels Group BSC's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Gulf Hotels Group BSC's Scaled Net Operating Assets falls into.


BAH:GHG
68GF Score
Gulf Hotels Group BSC BAH:GHG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulf Hotels Group BSC Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Gulf Hotels Group BSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(99.959-6.726)/112.862
=0.83

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=116.977 - 17.018
=99.959

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.726 - 0 - 0
=6.726

Gulf Hotels Group BSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(99.242-5.501)/116.977
=0.80

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=111.188 - 11.946
=99.242

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.501 - 0 - 0
=5.501

* 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 Scaled Net Operating Assets of 0.80 mean?
Gulf Hotels Group BSC (BAH:GHG) has a Scaled Net Operating Assets of 0.80 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Gulf Hotels Group BSC and its competitors.
Is Gulf Hotels Group BSC's Scaled Net Operating Assets too high?
Gulf Hotels Group BSC's current Scaled Net Operating Assets is 0.80. 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 Scaled Net Operating Assets compare to MAR and HLT?
Gulf Hotels Group BSC's Scaled Net Operating Assets of 0.80 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Gulf Hotels Group BSC and its competitors. Gulf Hotels Group BSC's current Scaled Net Operating Assets is 0.80. 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 BHD0.36 — trading 12.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.80. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Gulf Hotels Group BSC (BAH:GHG), the current Scaled Net Operating Assets is 0.80 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 BHD0.36 is trading 12.2% below its estimated GF Value™ of BHD0.41. GuruFocus considers Gulf Hotels Group BSC to be Modestly Undervalued.

Key valuation signals for BAH:GHG:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: BHD0.41 vs. price of BHD0.36 (12.2% 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

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

BHD0.36
Price
BHD0.41
GF Value