MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Valuation

Q: What is the Fair Price of 0RUK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0RUK (HUF2860) is trading below our estimate of [[fair value]] (HUF4904.47)

Is 0RUK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0RUK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0RUK (HUF2860) is trading below our estimate of fair value (HUF4904.47)

Significantly Below Fair Value: 0RUK is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0RUK?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 0RUK. This is calculated by dividing 0RUK's market cap by their current preferred multiple.
What is 0RUK's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	Ft1.81t

0RUK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.3x
Enterprise Value/EBITDA	2.6x
PEG Ratio	-7.7x

Price to Earnings Ratio vs Peers

How does 0RUK's PE Ratio compare to its peers?

The above table shows the PE ratio for 0RUK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	33.7x
BP. BP	10.5x	3.4%	UK£77.2b
SHEL Shell	12.6x	5.6%	UK£179.1b
HBR Harbour Energy	94.7x	33.3%	UK£2.4b
ITH Ithaca Energy	16.8x	47.1%	UK£1.3b
0RUK MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság	3.9x	-0.5%	Ft1.8t

Price-To-Earnings vs Peers: 0RUK is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (33.6x).

Price to Earnings Ratio vs Industry

How does 0RUK's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	5.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	5.5%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 0RUK is good value based on its Price-To-Earnings Ratio (3.9x) compared to the UK Oil and Gas industry average (10x).

Price to Earnings Ratio vs Fair Ratio

What is 0RUK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0RUK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.9x
Fair PE Ratio	6x

Price-To-Earnings vs Fair Ratio: 0RUK is good value based on its Price-To-Earnings Ratio (3.9x) compared to the estimated Fair Price-To-Earnings Ratio (6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0RUK forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	Ft2,860.00	Ft3,574.43 +25.0%	6.5%	Ft3,993.00	Ft3,245.00	n/a	7
Jun ’25	Ft2,790.00	Ft3,490.13 +25.1%	8.9%	Ft3,993.00	Ft2,900.00	n/a	8
May ’25	Ft2,999.66	Ft3,378.86 +12.6%	14.6%	Ft3,993.00	Ft2,449.00	n/a	7
Apr ’25	Ft2,960.12	Ft3,378.86 +14.1%	14.6%	Ft3,993.00	Ft2,449.00	n/a	7
Mar ’25	Ft2,922.47	Ft3,237.00 +10.8%	16.7%	Ft4,082.00	Ft2,449.00	n/a	8
Feb ’25	Ft2,927.96	Ft3,209.56 +9.6%	15.7%	Ft4,082.00	Ft2,449.00	n/a	9
Jan ’25	Ft2,825.96	Ft3,209.56 +13.6%	15.7%	Ft4,082.00	Ft2,449.00	n/a	9
Dec ’24	Ft2,778.33	Ft3,209.56 +15.5%	15.7%	Ft4,082.00	Ft2,449.00	n/a	9
Nov ’24	Ft2,875.29	Ft3,235.78 +12.5%	20.7%	Ft4,712.00	Ft2,355.00	n/a	9
Oct ’24	Ft2,781.64	Ft3,171.90 +14.0%	16.6%	Ft4,209.00	Ft2,355.00	n/a	10
Sep ’24	Ft2,677.05	Ft3,228.22 +20.6%	15.1%	Ft4,209.00	Ft2,355.00	n/a	9
Aug ’24	Ft2,789.26	Ft3,178.90 +14.0%	15.3%	Ft4,209.00	Ft2,355.00	n/a	10
Jul ’24	Ft2,985.93	Ft3,211.64 +7.6%	14.3%	Ft4,048.00	Ft2,355.00	n/a	11
Jun ’24	Ft2,836.69	Ft3,234.64 +14.0%	13.0%	Ft4,048.00	Ft2,608.00	Ft2,790.00	11
May ’24	Ft2,735.73	Ft3,279.18 +19.9%	13.4%	Ft4,048.00	Ft2,608.00	Ft2,999.66	11
Apr ’24	Ft2,560.11	Ft3,270.82 +27.8%	13.2%	Ft4,046.00	Ft2,608.00	Ft2,960.12	11
Mar ’24	Ft2,746.31	Ft3,280.82 +19.5%	14.4%	Ft4,200.00	Ft2,608.00	Ft2,922.47	11
Feb ’24	Ft2,709.09	Ft3,258.09 +20.3%	14.6%	Ft4,200.00	Ft2,608.00	Ft2,927.96	11
Jan ’24	Ft2,608.19	Ft3,305.40 +26.7%	14.3%	Ft4,200.00	Ft2,608.00	Ft2,825.96	10
Dec ’23	Ft2,821.47	Ft3,314.40 +17.5%	14.4%	Ft4,200.00	Ft2,608.00	Ft2,778.33	10
Nov ’23	Ft2,494.51	Ft3,273.20 +31.2%	13.4%	Ft4,200.00	Ft2,608.00	Ft2,875.29	10
Oct ’23	Ft2,396.95	Ft3,398.00 +41.8%	18.1%	Ft4,624.00	Ft2,608.00	Ft2,781.64	9
Sep ’23	Ft2,720.63	Ft3,395.21 +24.8%	16.9%	Ft4,624.00	Ft2,752.57	Ft2,677.05	10
Aug ’23	Ft2,892.74	Ft3,418.96 +18.2%	17.7%	Ft4,927.00	Ft2,752.57	Ft2,789.26	10
Jul ’23	Ft2,914.48	Ft3,370.00 +15.6%	12.7%	Ft4,241.00	Ft2,800.00	Ft2,985.93	10
Jun ’23	Ft2,737.33	Ft3,329.22 +21.6%	14.0%	Ft4,241.00	Ft2,800.00	Ft2,836.69	9

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.