MOL Hungarian Oil and Gas (WAR:MOL) Cyclically Adjusted FCF per Share: zł5.59 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:MOL MOL Hungarian Oil and Gas PLC WAR:MOL
71 GF Score
Price zł50.05
GF Value zł31.46
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is MOL Hungarian Oil and Gas Cyclically Adjusted FCF per Share?

MOL Hungarian Oil and Gas WAR:MOL -0.10% 71 Cyclically Adjusted FCF per Share is zł5.59 as of Mar. 2026. GuruFocus rates WAR:MOL with a GF Score™ of 71/100 and a GF Value™ of zł31.46 (Significantly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

MOL Hungarian Oil and Gas's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł-4.920. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is zł5.59 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MOL Hungarian Oil and Gas's average Cyclically Adjusted FCF Growth Rate was -8.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of MOL Hungarian Oil and Gas was 17.60% per year. The lowest was 3.60% per year. And the median was 15.75% per year.

As of today (2026-07-19), MOL Hungarian Oil and Gas's current stock price is zł50.05. MOL Hungarian Oil and Gas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł5.59. MOL Hungarian Oil and Gas's Cyclically Adjusted Price-to-FCF of today is 8.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MOL Hungarian Oil and Gas was 10.00. The lowest was 4.92. And the median was 6.38.


MOL Hungarian Oil and Gas  (WAR:MOL) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

MOL Hungarian Oil and Gas's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=50.05/5.59
=8.95

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MOL Hungarian Oil and Gas was 10.00. The lowest was 4.92. And the median was 6.38.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


MOL Hungarian Oil and Gas Cyclically Adjusted FCF per Share Related Terms


MOL Hungarian Oil and Gas Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for MOL Hungarian Oil and Gas's Cyclically Adjusted FCF per Share 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.

MOL Hungarian Oil and Gas Cyclically Adjusted FCF per Share Chart

MOL Hungarian Oil and Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.23 5.54 5.17 5.29 5.89

MOL Hungarian Oil and Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 5.64 5.90 6.36 5.89 5.59

WAR:MOL vs VLO, MPC, PSX: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, MOL Hungarian Oil and Gas's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


MOL Hungarian Oil and Gas Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MOL Hungarian Oil and Gas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MOL Hungarian Oil and Gas's Cyclically Adjusted Price-to-FCF falls into.


WAR:MOL
71GF Score
MOL Hungarian Oil and Gas PLC WAR:MOL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MOL Hungarian Oil and Gas Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, MOL Hungarian Oil and Gas's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-4.92/174.6900*174.6900
=-4.920

Current CPI (Mar. 2026) = 174.6900.

MOL Hungarian Oil and Gas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.151 100.814 1.994
201609 1.297 100.370 2.257
201612 1.456 101.406 2.508
201703 -0.260 102.147 -0.445
201706 2.420 102.724 4.115
201709 2.036 102.902 3.456
201712 0.467 103.627 0.787
201803 -0.140 104.219 -0.235
201806 2.831 105.922 4.669
201809 0.627 106.588 1.028
201812 0.391 106.440 0.642
201903 0.006 108.068 0.010
201906 0.283 109.475 0.452
201909 0.443 109.623 0.706
201912 1.053 110.659 1.662
202003 -1.273 112.287 -1.980
202006 1.777 112.583 2.757
202009 0.790 113.398 1.217
202012 0.863 113.694 1.326
202103 -1.010 116.358 -1.516
202106 3.920 118.579 5.775
202109 2.116 119.541 3.092
202112 1.845 122.058 2.641
202203 -1.929 126.351 -2.667
202206 3.426 132.420 4.520
202209 3.775 143.597 4.592
202212 6.283 152.036 7.219
202303 2.729 158.105 3.015
202306 -1.260 158.993 -1.384
202309 1.540 161.140 1.669
202312 0.750 160.400 0.817
202403 -0.361 163.879 -0.385
202406 0.691 164.841 0.732
202409 1.860 165.877 1.959
202412 1.191 167.802 1.240
202503 0.932 171.577 0.949
202506 2.178 172.391 2.207
202509 3.375 173.060 3.407
202512 -0.305 173.280 -0.307
202603 -4.920 174.690 -4.920

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of zł5.59 mean?
MOL Hungarian Oil and Gas (WAR:MOL) has a Cyclically Adjusted FCF per Share of zł5.59 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on MOL Hungarian Oil and Gas and its competitors.
Is MOL Hungarian Oil and Gas' Cyclically Adjusted FCF per Share too high?
MOL Hungarian Oil and Gas' current Cyclically Adjusted FCF per Share is zł5.59. Overall, MOL Hungarian Oil and Gas has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MOL Hungarian Oil and Gas' Cyclically Adjusted FCF per Share compare to VLO and MPC?
MOL Hungarian Oil and Gas' Cyclically Adjusted FCF per Share of zł5.59 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Oil & Gas company?
A good Cyclically Adjusted FCF per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on MOL Hungarian Oil and Gas and its competitors. MOL Hungarian Oil and Gas's current Cyclically Adjusted FCF per Share is zł5.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MOL Hungarian Oil and Gas stock overvalued right now?
Based on GuruFocus' analysis, MOL Hungarian Oil and Gas (WAR:MOL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł31.46, compared to a current price of zł50.05 — trading 59.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł5.59. MOL Hungarian Oil and Gas' overall GF Score™ is 71/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For MOL Hungarian Oil and Gas (WAR:MOL), the current Cyclically Adjusted FCF per Share is zł5.59 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 MOL Hungarian Oil and Gas (WAR:MOL) Overvalued in 2026?

Based on GuruFocus' analysis, MOL Hungarian Oil and Gas stock appears to be overvalued. The current stock price of zł50.05 is trading 59.1% above its estimated GF Value™ of zł31.46. GuruFocus considers MOL Hungarian Oil and Gas to be Significantly Overvalued.

Key valuation signals for WAR:MOL:

  • Cyclically Adjusted FCF per Share: zł5.59
  • GF Value™: zł31.46 vs. price of zł50.05 (59.1% above fair value)
  • GF Score™: 71/100 with 10 warning signs

No single metric tells the full story. See the WAR:MOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MOL Hungarian Oil and Gas Business Description

Industry EnergyOil & Gas
Address Dombovari ut 28, Budapest, HUN, H-1117
MOL Hungarian Oil and Gas PLC is a multinational integrated oil and gas company. The group has various segments, including Upstream, Downstream, Consumer services, Gas midstream, Circular Economy and Corporate and others. The Downstream segment derives the majority of the revenue, which consists of different business activities that are part of an integrated value chain that turns crude oil into a range of refined products, which are moved and marketed for household, industrial, and transport use. Geographically, the firm derives key revenue from Hungary, Croatia, and Slovakia.
71GF Score

Get the complete analysis for WAR:MOL

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł50.05
Price
zł31.46
GF Value