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In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
MOL Hungarian Oil and Gas's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-11.30.
The industry rank for MOL Hungarian Oil and Gas's Net-Net Working Capital or its related term are showing as below:
MOLFF's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.69 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
MOL Hungarian Oil and Gas (OTCPK:MOLFF) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
MOL Hungarian Oil and Gas Net-Net Working Capital Related Terms
MOL Hungarian Oil and Gas Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for MOL Hungarian Oil and Gas's Net-Net Working Capital 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 Net-Net Working Capital Chart
MOLFF vs VLO, MPC, PSX: Net-Net Working Capital Comparison
For the Oil & Gas Refining & Marketing subindustry, MOL Hungarian Oil and Gas's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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 Price-to-Net-Net-Working-Capital vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MOL Hungarian Oil and Gas's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where MOL Hungarian Oil and Gas's Price-to-Net-Net-Working-Capital falls into.
* 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of $-11.30 mean?
MOL Hungarian Oil and Gas (MOLFF) has a Net-Net Working Capital of $-11.30 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on MOL Hungarian Oil and Gas According to the industry distribution chart, MOL Hungarian Oil and Gas ranks #999999 out of 193 companies in the Oil & Gas industry.
Is MOL Hungarian Oil and Gas' Net-Net Working Capital too high?
MOL Hungarian Oil and Gas' current Net-Net Working Capital is $-11.30. Based on the distribution chart, MOL Hungarian Oil and Gas ranks #999999 out of 193 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, MOL Hungarian Oil and Gas has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does MOL Hungarian Oil and Gas' Net-Net Working Capital compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, MOL Hungarian Oil and Gas ranks #999999 out of 193 companies for Net-Net Working Capital. This places MOL Hungarian Oil and Gas in the lower half of its industry. The industry median Net-Net Working Capital is 6.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.69, based on 193 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on MOL Hungarian Oil and Gas For the Oil & Gas industry, the median Net-Net Working Capital is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MOL Hungarian Oil and Gas's current Net-Net Working Capital is $-11.30. 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?
MOL Hungarian Oil and Gas (MOLFF) has a current Net-Net Working Capital of $-11.30. The stock's GF Value™ is $5.34, compared to a current price of $8.50 — trading 59.2% above its estimated fair value. The current Net-Net Working Capital is $-11.30. MOL Hungarian Oil and Gas' overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For MOL Hungarian Oil and Gas (MOLFF), the current Net-Net Working Capital is $-11.30 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 (MOLFF) Overvalued in 2026?
Based on GuruFocus' analysis, MOL Hungarian Oil and Gas stock appears to be overvalued.
The current stock price of $8.50 is trading 59.2% above its estimated GF Value™ of $5.34.
Key valuation signals for MOLFF:
Net-Net Working Capital: $-11.30
GF Value™: $5.34 vs. price of $8.50 (59.2% above fair value)
No single metric tells the full story. See the MOLFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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