MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

WSE:MOL Stock Report

Market Cap: zł18.2b

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 MOL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MOL (PLN28.66) is trading below our estimate of fair value (PLN43.59)

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

Key Valuation Metric

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

Key metric: As MOL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MOL. This is calculated by dividing MOL's market cap by their current earnings.
What is MOL's PE Ratio?
PE Ratio3.6x
EarningsFt486.42b
Market CapFt1.76t

Price to Earnings Ratio vs Peers

How does MOL's PE Ratio compare to its peers?

The above table shows the PE ratio for MOL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.1x
PKN Orlen
15.3x13.4%zł57.3b
INA INA-Industrija nafte d.d
17.6xn/a€4.5b
UNT Unimot
69.5x60.9%zł1.2b
600256 Guanghui Energy
18x32.2%CN¥41.8b
MOL MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság
3.6x-6.8%zł1.8t

Price-To-Earnings vs Peers: MOL is good value based on its Price-To-Earnings Ratio (3.6x) compared to the peer average (30.1x).

Price to Earnings Ratio vs Industry

How does MOL's PE Ratio compare vs other companies in the European Oil and Gas Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MOL 3.6xIndustry Avg. 8.7xNo. of Companies16PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MOL is good value based on its Price-To-Earnings Ratio (3.6x) compared to the European Oil and Gas industry average (8.6x).

Price to Earnings Ratio vs Fair Ratio

What is MOL'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.

MOL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MOL's Price-To-Earnings Fair Ratio for valuation analysis.

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 MOL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł28.66
zł33.37
+16.4%
12.3%zł41.17zł26.79n/a10
Dec ’25zł28.44
zł34.32
+20.7%
11.0%zł39.79zł27.04n/a10
Nov ’25zł27.96
zł36.23
+29.6%
11.0%zł41.23zł28.03n/a9
Oct ’25zł28.94
zł37.11
+28.2%
10.1%zł41.66zł28.32n/a9
Sep ’25zł29.20
zł38.32
+31.2%
6.5%zł43.46zł34.83n/a9
Aug ’25zł30.58
zł38.40
+25.6%
6.6%zł43.63zł35.46n/a9
Jul ’25zł31.70
zł39.22
+23.7%
6.5%zł43.81zł35.60n/a7
Jun ’25zł31.00
zł38.51
+24.2%
8.9%zł44.05zł32.00n/a8
May ’25zł33.52
zł36.98
+10.3%
14.6%zł43.70zł26.80n/a7
Apr ’25zł32.40
zł36.98
+14.1%
14.6%zł43.70zł26.80n/a7
Mar ’25zł32.00
zł35.65
+11.4%
16.7%zł44.96zł26.97n/a8
Feb ’25zł32.80
zł36.64
+11.7%
15.7%zł46.61zł27.96n/a9
Jan ’25zł32.00
zł36.64
+14.5%
15.7%zł46.61zł27.96zł28.009
Dec ’24zł31.80
zł36.64
+15.2%
15.7%zł46.61zł27.96zł28.449
Nov ’24zł33.38
zł37.74
+13.1%
20.7%zł54.96zł27.47zł27.969
Oct ’24zł33.00
zł37.45
+13.5%
16.6%zł49.69zł27.80zł28.9410
Sep ’24zł31.18
zł37.35
+19.8%
15.1%zł48.70zł27.25zł29.209
Aug ’24zł31.78
zł37.45
+17.8%
15.3%zł49.58zł27.74zł30.5810
Jul ’24zł36.48
zł38.93
+6.7%
14.3%zł49.07zł28.55zł31.7011
Jun ’24zł35.18
zł39.44
+12.1%
13.0%zł49.36zł31.80zł31.0011
May ’24zł33.52
zł39.88
+19.0%
13.4%zł49.22zł31.71zł33.5211
Apr ’24zł31.12
zł40.14
+29.0%
13.2%zł49.65zł32.01zł32.4011
Mar ’24zł33.70
zł41.09
+21.9%
14.4%zł52.60zł32.66zł32.0011
Feb ’24zł32.78
zł38.59
+17.7%
14.6%zł49.74zł30.89zł32.8011
Jan ’24zł29.98
zł38.50
+28.4%
14.3%zł48.93zł30.38zł32.0010

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 07:30
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lucy HaskinsBarclays
Yuriy KukhtanychBerenberg
Kamil KliszczBiuro maklerskie mBanku