Tabcorp Holdings (STU:THL) Enterprise Value: €1,541 Mil (As of Jun. 29, 2026) ***


STU:THL Tabcorp Holdings Ltd STU:THL
51 GF Score
Price €0.49
GF Value €0.48
Valuation Fairly Valued
! 6 Warning Signs
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What is Tabcorp Holdings Enterprise Value?

Tabcorp Holdings STU:THL -0.81% 51 Enterprise Value is €1,541 Mil as of Jun. 29, 2026. GuruFocus rates STU:THL with a GF Score™ of 51/100 and a GF Value™ of €0.48 (Fairly Valued). The stock has 6 warning signs investors should review.

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, Tabcorp Holdings's Enterprise Value is €1,541 Mil. Tabcorp Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €94 Mil. Therefore, Tabcorp Holdings's EV-to-EBIT ratio for today is 16.32.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tabcorp Holdings's Enterprise Value is €1,541 Mil. Tabcorp Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €215 Mil. Therefore, Tabcorp Holdings's EV-to-EBITDA ratio for today is 7.18.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tabcorp Holdings's Enterprise Value is €1,541 Mil. Tabcorp Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €1,487 Mil. Therefore, Tabcorp Holdings's EV-to-Revenue ratio for today is 1.04.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tabcorp Holdings's Enterprise Value is €1,541 Mil. Tabcorp Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €186 Mil. Therefore, Tabcorp Holdings's EV-to-OCF ratio for today is 8.27.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tabcorp Holdings's Enterprise Value is €1,541 Mil. Tabcorp Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €117 Mil. Therefore, Tabcorp Holdings's EV-to-FCF ratio for today is 13.17.

*** 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.


Tabcorp Holdings  (STU:THL) 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.

Tabcorp Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1541.418/94.472
=16.32

Tabcorp Holdings's current Enterprise Value is €1,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tabcorp Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €94 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Tabcorp Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1541.418/214.738
=7.18

Tabcorp Holdings's current Enterprise Value is €1,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tabcorp Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €215 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Tabcorp Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1541.418/1486.725
=1.04

Tabcorp Holdings's current Enterprise Value is €1,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tabcorp Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €1,487 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Tabcorp Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1541.418/186.441
=8.27

Tabcorp Holdings's current Enterprise Value is €1,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tabcorp Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €186 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Tabcorp Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1541.418/117.084
=13.17

Tabcorp Holdings's current Enterprise Value is €1,541 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tabcorp Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €117 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.


Tabcorp Holdings Enterprise Value Related Terms


Tabcorp Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tabcorp Holdings'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.

Tabcorp Holdings Enterprise Value Chart

Tabcorp Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,392.59 1,613.96 1,680.34 1,835.70 1,249.61

Tabcorp Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value 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 1,293.30 1,835.70 1,226.82 1,249.61 1,630.95

STU:THL vs FLUT, DKNG, SGHC: Enterprise Value Comparison

For the Gambling subindustry, Tabcorp Holdings'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.


Tabcorp Holdings Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tabcorp Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tabcorp Holdings's Enterprise Value falls into.


STU:THL
51GF Score
Tabcorp Holdings Ltd STU:THL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tabcorp Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Tabcorp Holdings's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

Tabcorp Holdings's Enterprise Value for the quarter that ended in Dec. 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €1,541 Mil mean?
Tabcorp Holdings (STU:THL) has a Enterprise Value of €1,541 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tabcorp Holdings and its competitors.
Is Tabcorp Holdings' Enterprise Value too high?
Tabcorp Holdings' current Enterprise Value is €1,541 Mil. Overall, Tabcorp Holdings has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tabcorp Holdings' Enterprise Value compare to FLUT and DKNG?
Tabcorp Holdings' Enterprise Value of €1,541 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 Tabcorp Holdings and its competitors. Tabcorp Holdings's current Enterprise Value is €1,541 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tabcorp Holdings (STU:THL) is currently considered Fairly Valued. The stock's GF Value™ is €0.48, compared to a current price of €0.49 — trading 2.1% above its estimated fair value. The current Enterprise Value is €1,541 Mil. Tabcorp Holdings' overall GF Score™ is 51/100 with 6 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 Tabcorp Holdings (STU:THL), the current Enterprise Value is €1,541 Mil as of Jun. 29, 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 Tabcorp Holdings (STU:THL) Overvalued in 2026?

Based on GuruFocus' analysis, Tabcorp Holdings stock appears to be overvalued. The current stock price of €0.49 is trading 2.1% above its estimated GF Value™ of €0.48. GuruFocus considers Tabcorp Holdings to be Fairly Valued.

Key valuation signals for STU:THL:

  • Enterprise Value: €1,541 Mil
  • GF Value™: €0.48 vs. price of €0.49 (2.1% above fair value)
  • GF Score™: 51/100 with 6 warning signs

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


Tabcorp Holdings Business Description

Address 727 Collins Street, Level 19, Tower 2, Collins Square, Melbourne, VIC, AUS, 3008
Tabcorp is essentially a pure-play Australian wagering operator, with exclusive rights to physical wagering at venues (pubs, clubs, and racecourses) and also a digital offering. Tabcorp operates through principally through two segments: wagering and media and gaming services. The firm conducts wagering activities under the TAB brand both online and physically in every Australian state and territory other than Western Australia, reaching 90% of the population through a network of retail venues. In addition, Integrity Services provides services to electronic gaming machine venues.
51GF Score

Get the complete analysis for STU:THL

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.49
Price
€0.48
GF Value