The LotteryASX:TLC -1.97%65 EV-to-FCF is 26.76 as of Jul. 03, 2026, which is 12% below its 10-year median of 30.46. GuruFocus rates ASX:TLC with a GF Score™ of 65/100 and a GF Value™ of A$5.22 (Fairly Valued). The stock has 4 warning signs investors should review. Among 572 Travel & Leisure companies, The Lottery ranks worse than 68.71% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, The Lottery's Enterprise Value is A$14,140 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 for today is 26.76.
The historical rank and industry rank for The Lottery's EV-to-FCF or its related term are showing as below:
ASX:TLC'
s EV-to-FCF Range Over the Past 10 Years
Min: 18.23 Med: 30.46 Max: 41.74
Current: 27.39
During the past 4 years, the highest EV-to-FCF of The Lottery was 41.74. The lowest was 18.23. And the median was 30.46.
ASX:TLC's EV-to-FCF is ranked worse than 68.71% of 572
companies
in the Travel & Leisure industry
Industry Median: 15.75
vs ASX:TLC: 27.39
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
The Lottery's PE Ratio (TTM) for today is calculated as:
The Lottery's share price for today is A$5.48.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. The Lottery's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.163.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
The Lottery EV-to-FCF Related Terms
The Lottery EV-to-FCF Historical Data
* Premium members only.
The historical data trend for The Lottery's EV-to-FCF 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.
For the Gambling subindustry, The Lottery's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where The Lottery's EV-to-FCF falls into.
The Lottery's current Enterprise Value is A$14,140 Mil.
For company reported semi-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 (ASX:TLC) has a EV-to-FCF of 26.76 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on The Lottery and its competitors. This is 12% below median its historical median of 30.46. Over the past decade, The Lottery's EV-to-FCF has ranged from 18.23 to 41.74. According to the industry distribution chart, The Lottery ranks #393 out of 572 companies in the Travel & Leisure industry, placing it in the top 68.7%.
Is The Lottery's EV-to-FCF too high?
The Lottery's current EV-to-FCF of 26.76 is 12% below median its 10-year median of 30.46. Over the past 10 years, this metric has ranged from a low of 18.23 to a high of 41.74. The Travel & Leisure industry median EV-to-FCF is 15.75. The Lottery's value of 26.76 is 69.9% above this industry median. Based on the distribution chart, The Lottery ranks #393 out of 572 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, The Lottery has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Lottery's EV-to-FCF compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, The Lottery ranks #393 out of 572 companies for EV-to-FCF. This places The Lottery in the lower half of its industry. The industry median EV-to-FCF is 15.75. The Lottery's value of 26.76 is 69.9% above this benchmark. Historically, The Lottery's own EV-to-FCF has ranged from 18.23 to 41.74 over the past decade. While the company's 10-year median is 30.46 vs. the industry median of 15.75, The Lottery has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Travel & Leisure company?
The median EV-to-FCF among Travel & Leisure companies is 15.75, based on 572 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Lottery's current EV-to-FCF of 26.76 is 69.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on The Lottery and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lottery's current EV-to-FCF is 26.76, which is 12% below median its own 10-year median of 30.46. 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$5.22, compared to a current price of A$5.48 — trading 5% above its estimated fair value. The current EV-to-FCF is 26.76, which is 12% below median its 10-year median of 30.46 and 69.9% above the Travel & Leisure industry median of 15.75. The Lottery's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For The Lottery (ASX:TLC), the current EV-to-FCF is 26.76 as of Jul. 03, 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$5.48 is trading 5% above its estimated GF Value™ of A$5.22.
GuruFocus considers The Lottery to be Fairly Valued.
Key valuation signals for ASX:TLC:
EV-to-FCF: 26.76 (12% below median its 10-year median of 30.46)
GF Value™: A$5.22 vs. price of A$5.48 (5% above fair value)
Industry Position: 69.9% above the Travel & Leisure median (#393 of 572)
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.
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