The first Hobbit movie was OK. Had some remarkably silly stuff with Radagast and his means of transportation. Also had a WAY too long chase scene through the orc tunnels. Very video gameish.
The essence of the charm of the book was that it was about a small, utterly unsophisticated person stuck in the middle of great events. He never fully understood them, but by his courage and innate decency he nevertheless played a key role.
Most of that gets lost if you insist on turning Bilbo into some sort of warrior.
I read it when I was a kid so that’s probably all I need to know