diff --git a/sys/modules/Makefile b/sys/modules/Makefile
index c69356971ff..fbd4941cf23 100644
--- a/sys/modules/Makefile
+++ b/sys/modules/Makefile
@@ -192,7 +192,7 @@ SUBDIR=	${_3dfx} \
 	${_ncp} \
 	${_ncv} \
 	${_ndis} \
-	netgraph \
+	${_netgraph} \
 	${_nfe} \
 	nfscl \
 	nfsclient \
@@ -327,6 +327,10 @@ _random=	random
 _ipfilter=	ipfilter
 .endif
 
+.if ${MK_NETGRAPH} != "no" || defined(ALL_MODULES)
+_netgraph=	netgraph
+.endif
+
 .if ${MK_PF} != "no" || defined(ALL_MODULES)
 _pf=		pf
 _pflog=		pflog