Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, The Lottery's Enterprise Value is A$14,474 Mil.
The Lottery's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$654 Mil. Therefore, The Lottery's EV-to-EBIT ratio for today is 22.12.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, The Lottery's Enterprise Value is A$14,474 Mil.
The Lottery's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$760 Mil. Therefore, The Lottery's EV-to-EBITDA ratio for today is 19.04.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, The Lottery's Enterprise Value is A$14,474 Mil.
The Lottery's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$3,761 Mil. Therefore, The Lottery's EV-to-Revenue ratio for today is 3.85.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, The Lottery's Enterprise Value is A$14,474 Mil.
The Lottery's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$529 Mil. Therefore, The Lottery's EV-to-FCF ratio for today is 27.39.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
The Lottery (ASX:TLC) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
The Lottery's current Enterprise Value is A$14,474 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Lottery's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$654 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
The Lottery's current Enterprise Value is A$14,474 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Lottery's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$760 Mil.
The Lottery's current Enterprise Value is A$14,474 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Lottery's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$3,761 Mil.
The Lottery's current Enterprise Value is A$14,474 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Lottery's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$617 Mil.
The Lottery's current Enterprise Value is A$14,474 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Lottery's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$529 Mil.
* 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.
The Lottery Enterprise Value Related Terms
The Lottery Enterprise Value Historical Data
* Premium members only.
The historical data trend for The Lottery's Enterprise Value 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.
ASX:TLC vs FLUT, DKNG, LNWO: Enterprise Value Comparison
For the Gambling subindustry, The Lottery's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
The Lottery Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Enterprise Value distribution charts can be found below:
* The bar in red indicates where The Lottery's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
The Lottery's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
What does a Enterprise Value of A$14,474 Mil mean?
The Lottery (ASX:TLC) has a Enterprise Value of A$14,474 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on The Lottery and its competitors.
Is The Lottery's Enterprise Value too high?
The Lottery's current Enterprise Value is A$14,474 Mil. Overall, The Lottery has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Lottery's Enterprise Value compare to FLUT and DKNG?
The Lottery's Enterprise Value of A$14,474 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on The Lottery and its competitors. The Lottery's current Enterprise Value is A$14,474 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lottery stock overvalued right now?
Based on GuruFocus' analysis, The Lottery (ASX:TLC) is currently considered Fairly Valued. The stock's GF Value™ is A$5.23, compared to a current price of A$5.63 — trading 7.6% above its estimated fair value. The current Enterprise Value is A$14,474 Mil. The Lottery's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For The Lottery (ASX:TLC), the current Enterprise Value is A$14,474 Mil as of Jun. 27, 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 The Lottery (ASX:TLC) Overvalued in 2026?
Based on GuruFocus' analysis, The Lottery stock appears to be overvalued.
The current stock price of A$5.63 is trading 7.6% above its estimated GF Value™ of A$5.23.
GuruFocus considers The Lottery to be Fairly Valued.
Key valuation signals for ASX:TLC:
Enterprise Value: A$14,474 Mil
GF Value™: A$5.23 vs. price of A$5.63 (7.6% above fair value)
No single metric tells the full story. See the ASX:TLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Lottery Corporation is Australia's largest provider of lottery, keno, and instant-scratch products, with long-dated and/or exclusive licenses for the lottery in all Australian states and territories except Western Australia, and in most states and territories for keno. Lottery Corp has a distribution network of more than 3,800 franchised retailers that sell instant-scratch and lottery products through vendors such as newsstands, gas stations, pharmacies, and convenience stores, as well as online sales. Keno is sold in over 3,400 bars and clubs.
63GF Score
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