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Motor Oil (Hellas) Corinth Refineries S.A (MOH) Fair Value & Analysis

Energy · GR · Market cap €4.1B

MO Motor Oil (Hellas) Corinth Refineries S.A MOH · AT
Price€38.80
Fair Value€54.53
Upside+40.5%
Quality94/100
Evidence: High Range €41.12 – €68.53

Fair value as of: Jun 24, 2026

From 22 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from €38.52 to €54.53 (+41.6%) since Jun 23, 2026. Share price +6.5% over the past month.

Price vs Fair Value (12 months)

€40.04 €22.74 Fair Value €54.53 Jun 2025 Jun 2026

12‑month range €22.74 – €40.04 · fair‑value band €41.12 – €68.53 · the €38.80 price screens below the €54.53 fair value. As of Jun 24, 2026.

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Analysis

Motor Oil (Hellas) Corinth Refineries S.A (MOH) currently trades at €38.80, while our model-based Fair Value estimate is €54.53 — implying the stock looks roughly 40.5% undervalued today. We read business quality at 94/100 (high quality), in the Energy sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Motor Oil (Hellas) Corinth Refineries S.A generated revenue of €12.2B at a net margin of 7.4%. Revenue grew 25.4% year over year. It earns a return on equity of 27.2%. Net debt stands at €1.3B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €12.2B
Revenue growth (YoY) +25.4%
Net margin 7.4%
Return on equity 27.2%
Free cash flow €220M FY2025
P/E ratio 4.6
More key figures
Operating margin 14.0%
EPS (TTM) €8.25
Dividend yield 4.5%
EPS growth (YoY) +292%
Net debt €1.3B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Motor Oil (Hellas) Corinth Refineries S.A. engages in oil refining and oil products trading in Greece and internationally. It operates through four segments: Refining Activity, Fuels' Marketing Activity, Power & Gas, and Other. The company produces and sells liquid fuels, lubricants, and asphalt for transportation, industrial, and household use. It also markets and distributes a range of oil products, including gasoline, fuel oil, diesel, and lubricants through its retail network; and operates gas stations. In addition, the company engages in the collection and trading of used lubricants; research, exploration, and trading of crude oil; and marketing and distribution of liquefied petroleum gas; and operates aircraft fuel supply system and the storage facilities at the Athens International Airport at Spata of Attica. Further, it is involved in the purchase, sale, exploitation, and development of real estate properties; and provision of facilities management, waste management, and fin…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Motor Oil (Hellas) Corinth Refineries S.A reported revenue of €11.5B in FY2025 versus €10.3B in FY2021, a compound +2.8%/yr. Reported net income was €648M in FY2025, compounding +33.8%/yr from FY2021.

Revenue +2.8%/yr
FY21 €10.3B
FY22 €16.6B
FY23 €13.3B
FY24 €12.2B
FY25 €11.5B
Net income +33.8%/yr
FY21 €202M
FY22 €968M
FY23 €806M
FY24 €283M
FY25 €648M

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Similar stocks

6 more Oil & Gas Refining & Marketing stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Reliance Industries Limited RELIANCE ₹1,291 ₹812.28 -37%
Marathon Petroleum Corporation MPC $262.01 $129.07 -51%
Valero Energy Corporation VLO $255.82 $114.28 -55%
Phillips 66 PSX $183.08 $50.63 -72%
Neste Oyj NESTE €28.13 €6.38 -77%
ENEOS Holdings JXHLY $15.31 $17.72 +16%

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Frequently asked questions

Is Motor Oil (Hellas) Corinth Refineries S.A (MOH) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €54.53 versus a price of €38.80 — about +41% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MOH?
Our 21-model fair value for Motor Oil (Hellas) Corinth Refineries S.A is €54.53 (as of Jun 24, 2026), built from audited fundamentals. The current price is €38.80.
What is the quality score of MOH?
Motor Oil (Hellas) Corinth Refineries S.A has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Motor Oil (Hellas) Corinth Refineries S.A (MOH)?
Motor Oil (Hellas) Corinth Refineries S.A reported trailing-twelve-month revenue of about €12.2B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of MOH?
The net profit margin of Motor Oil (Hellas) Corinth Refineries S.A is about 7.4%, meaning it keeps roughly 7.4% of revenue as net income. Based on the latest reported figures.
Does Motor Oil (Hellas) Corinth Refineries S.A pay a dividend?
Motor Oil (Hellas) Corinth Refineries S.A currently shows a dividend yield of about 4.54% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.