BUSE:MOL

Stock Analysis Report

MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag

Executive Summary

MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag, together with its subsidiaries, engages in the exploration and production of crude oil, natural gas, and gas products in Hungary and internationally.

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Fundamentals

Flawless balance sheet with proven track record.


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Share Price & News

How has MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.0%

MOL

-0.3%

HU Oil and Gas

0.7%

HU Market


1 Year Return

-4.6%

MOL

-3.8%

HU Oil and Gas

10.4%

HU Market

Return vs Industry: MOL matched the Hungarian Oil and Gas industry which returned -3.8% over the past year.

Return vs Market: MOL underperformed the Hungarian Market which returned 10.4% over the past year.


Shareholder returns

MOLIndustryMarket
7 Day-1.0%-0.3%0.7%
30 Day-5.1%-2.0%-0.04%
90 Day-7.8%-1.5%-1.5%
1 Year-0.3%-4.6%1.8%-3.8%13.5%10.4%
3 Year39.9%24.4%43.5%22.7%50.9%38.5%
5 Year133.9%94.3%51.0%17.2%159.6%127.1%

Price Volatility Vs. Market

How volatile is MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag undervalued compared to its fair value and its price relative to the market?

6.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: MOL (HUF2846) is trading above our estimate of fair value (HUF2715.32)

Significantly Undervalued: MOL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MOL is good value based on its PE Ratio (6.8x) compared to the Oil and Gas industry average (9.4x).

PE vs Market: MOL is good value based on its PE Ratio (6.8x) compared to the Hungarian market (14.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: MOL is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: MOL is good value based on its PB Ratio (0.9x) compared to the XE Oil and Gas industry average (0.9x).


Next Steps

Future Growth

How is MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

4.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOL's forecast earnings growth (4.6% per year) is above the savings rate (3%).

Earnings vs Market: MOL's earnings (4.6% per year) are forecast to grow slower than the Hungarian market (6.5% per year).

High Growth Earnings: MOL's earnings are forecast to grow, but not significantly.

Revenue vs Market: MOL's revenue (1% per year) is forecast to grow slower than the Hungarian market (4.8% per year).

High Growth Revenue: MOL's revenue (1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: MOL's Return on Equity is forecast to be low in 3 years time (11.1%).


Next Steps

Past Performance

How has MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag performed over the past 5 years?

42.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MOL's earnings have grown significantly by 42.7% per year over the past 5 years.

Accelerating Growth: MOL's earnings growth over the past year (14.4%) is below its 5-year average (42.7% per year).

Earnings vs Industry: MOL earnings growth over the past year (14.4%) exceeded the Oil and Gas industry 10%.


Return on Equity

High ROE: MOL's Return on Equity (12.6%) is considered low.


Return on Assets

ROA vs Industry: MOL has a higher Return on Assets than the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: MOL has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag's financial position?


Financial Position Analysis

Short Term Liabilities: MOL's short term assets (HUF1,604.1B) exceeds its short term liabilities (HUF1,463.0B)

Long Term Liabilities: MOL's short term assets (1,604.1B) exceeds its long term liabilities (974.2B)


Debt to Equity History and Analysis

Debt Level: MOL's debt to equity ratio (27.4%) is considered satisfactory

Reducing Debt: MOL's debt to equity ratio has reduced from 42.2% to 27.4% over the past 5 years.

Debt Coverage: MOL's debt is well covered by operating cash flow (87.9%).

Interest Coverage: MOL's interest payments on its debt are well covered by EBIT (44.8x coverage).


Balance Sheet

Inventory Level: MOL has a high level of physical assets or inventory.

Debt Coverage by Assets: MOL's debt is covered by short term assets (assets are 2.517060x debt).


Next Steps

Dividend

What is MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag's current dividend yield, its reliability and sustainability?

5.01%

Current Dividend Yield


Dividend Yield vs Market

company5.0%marketbottom25%2.2%markettop25%5.6%industryaverage6.0%forecastin3Years4.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: MOL's dividend (5.01%) is higher than the bottom 25% of dividend payers in the Hungarian market (2.15%).

High Dividend: MOL's dividend (5.01%) is low compared to the top 25% of dividend payers in the Hungarian market (5.62%).

Stable Dividend: MOL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MOL's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.6%), MOL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MOL's dividends in 3 years are forecast to be well covered by earnings (34.9% payout ratio).


Next Steps

Management

What is the CEO of MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag's salary, the management and board of directors tenure and is there insider trading?

8.4yrs

Average management tenure


CEO

Zsolt Hernádi (59yo)

18.3yrs

Tenure

Ft20,048,937

Compensation

Mr. Zsolt Hernádi has been an Executive Chairman of MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag since July 7, 2000 and also serves as its Member of Executive Board. Mr. Hernádi has bee ...


CEO Compensation Analysis

Compensation vs. Market: Zsolt's total compensation ($USD0.00) is too low to compare against companies of similar size in the Hungarian market ($USD2.24M).

Compensation vs Earnings: Zsolt's compensation has been consistent with company performance over the past year.


Management Age and Tenure

8.4yrs

Average Tenure

59yo

Average Age

Experienced Management: MOL's management team is seasoned and experienced (8.4 years average tenure).


Board Age and Tenure

9.5yrs

Average Tenure

59yo

Average Age

Experienced Board: MOL's board of directors are considered experienced (9.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ferenc Horváth (59yo)

    Executive VP of Downstream Division

    • Tenure: 8.4yrs
  • József Szórád (67yo)

    Chief Advisor to the Chairman-Chief Executive Officer

    • Tenure: 14.5yrs
  • Zsolt Hernádi (59yo)

    Chairman

    • Tenure: 18.3yrs
    • Compensation: Ft20.05m
  • Oszkár Világi (56yo)

    Executive VP of Innovative Businesses & Services

    • Tenure: 8.4yrs
    • Compensation: Ft12.29m
  • József Molnár (63yo)

    Group CEO

    • Tenure: 12yrs
    • Compensation: Ft20.05m
  • József Simola (53yo)

    Group Chief Financial Officer

    • Tenure: 8.4yrs
  • Bela Kelemen

    Senior Vice President of Refining & Marketing

    • Tenure: 0yrs
  • Robert Rethy

    Investor Relations Manager

    • Tenure: 3.9yrs
  • Pal Kara

    Head of Legal

    • Tenure: 0yrs
  • Péter Ratatics

    COO & Executive VP of Consumer Services

    • Tenure: 1.3yrs

Board Members

  • Sándor Csányi (67yo)

    Independent Vice Chairman

    • Tenure: 18.8yrs
    • Compensation: Ft25.06m
  • Zsolt Hernádi (59yo)

    Chairman

    • Tenure: 18.3yrs
    • Compensation: Ft20.05m
  • Zoltán Áldott (51yo)

    Chairman of the Supervisory

    • Tenure: 1.3yrs
  • Zsigmond Járai (67yo)

    Independent Director

    • Tenure: 9.5yrs
    • Compensation: Ft21.76m
  • Oszkár Világi (56yo)

    Executive VP of Innovative Businesses & Services

    • Tenure: 8.4yrs
    • Compensation: Ft12.29m
  • József Molnár (63yo)

    Group CEO

    • Tenure: 12yrs
    • Compensation: Ft20.05m
  • Attila Chikán (75yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 13.8yrs
  • Parragh László (57yo)

    Independent Director

    • Tenure: 9.5yrs
    • Compensation: Ft21.76m
  • Martin Roman (49yo)

    Independent Director

    • Tenure: 9.5yrs
    • Compensation: Ft19.26m
  • Anwar Al Kharusi

    Independent Director

    • Tenure: 5.5yrs
    • Compensation: Ft21.41m

Company Information

MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag
  • Ticker: MOL
  • Exchange: BUSE
  • Founded: 1991
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: Ft1.808t
  • Shares outstanding: 635.36m
  • Website: https://www.mol.hu

Number of Employees


Location

  • MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag
  • Október huszonharmadika u. 18
  • Budapest
  • 1117
  • Hungary

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MGYO.YOTCPK (Pink Sheets LLC)SPON ADR SER AUSUSDDec 1995
MOGGDB (Deutsche Boerse AG)SPON ADR SER ADEEURDec 1995
MOLBUSE (Budapest Stock Exchange)YesRegistered Class A Ordinary SharesHUHUFDec 1995
MOLWSE (Warsaw Stock Exchange)YesRegistered Class A Ordinary SharesPLPLNDec 1995
MOGBDB (Deutsche Boerse AG)YesRegistered Class A Ordinary SharesDEEURDec 1995
MOLTBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered Class A Ordinary SharesGBHUFDec 1995
0RUKLSE (London Stock Exchange)YesRegistered Class A Ordinary SharesGBHUFDec 1995
MOLSEP (The Stock Exchange Prague Co. Ltd.)YesRegistered Class A Ordinary SharesCZCZKDec 1995

Biography

MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag, together with its subsidiaries, engages in the exploration and production of crude oil, natural gas, and gas products in Hungary and intern ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 20:49
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.