Tabcorp HoldingsFRA:THL +0.81%46 EV-to-FCF is 13.36 as of Jun. 30, 2026, which is 35% above its 10-year median of 9.93. GuruFocus rates FRA:THL with a GF Score™ of 46/100 and a GF Value™ of €0.48 (Fairly Valued). The stock has 6 warning signs investors should review. Among 571 Travel & Leisure companies, Tabcorp Holdings ranks better than 61.12% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tabcorp Holdings's Enterprise Value is €1,564 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 for today is 13.36.
The historical rank and industry rank for Tabcorp Holdings's EV-to-FCF or its related term are showing as below:
FRA:THL'
s EV-to-FCF Range Over the Past 10 Years
Min: -36.65 Med: 9.93 Max: 152.99
Current: 12.24
During the past 13 years, the highest EV-to-FCF of Tabcorp Holdings was 152.99. The lowest was -36.65. And the median was 9.93.
FRA:THL's EV-to-FCF is ranked better than 61.12% of 571
companies
in the Travel & Leisure industry
Industry Median: 15.91
vs FRA:THL: 12.24
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.
Tabcorp Holdings's PE Ratio (TTM) for today is calculated as:
Tabcorp Holdings's share price for today is €0.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tabcorp Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.008.
* 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.
Tabcorp Holdings EV-to-FCF Related Terms
Tabcorp Holdings EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Tabcorp Holdings'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, Tabcorp Holdings'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.
Tabcorp Holdings EV-to-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tabcorp Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Tabcorp Holdings's EV-to-FCF falls into.
Tabcorp Holdings's current Enterprise Value is €1,564 Mil.
For company reported semi-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 (FRA:THL) has a EV-to-FCF of 13.36 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tabcorp Holdings and its competitors. This is 35% above median its historical median of 9.93. According to the industry distribution chart, Tabcorp Holdings ranks #222 out of 571 companies in the Travel & Leisure industry, placing it in the top 38.9%.
Is Tabcorp Holdings' EV-to-FCF too high?
Tabcorp Holdings' current EV-to-FCF of 13.36 is 35% above median its 10-year median of 9.93. The Travel & Leisure industry median EV-to-FCF is 15.91. Tabcorp Holdings' value of 13.36 is 16% below this industry median. Based on the distribution chart, Tabcorp Holdings ranks #222 out of 571 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tabcorp Holdings has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tabcorp Holdings' EV-to-FCF compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Tabcorp Holdings ranks #222 out of 571 companies for EV-to-FCF. This puts Tabcorp Holdings in the upper half of its industry. The industry median EV-to-FCF is 15.91. Tabcorp Holdings' value of 13.36 is 16% below this benchmark. While the company's 10-year median is 9.93 vs. the industry median of 15.91, Tabcorp Holdings has consistently been below 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 15.91, based on 571 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. Tabcorp Holdings's current EV-to-FCF of 13.36 is 16% below 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 Tabcorp Holdings and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabcorp Holdings's current EV-to-FCF is 13.36, which is 35% above median its own 10-year median of 9.93. 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 (FRA:THL) is currently considered Fairly Valued. The stock's GF Value™ is €0.48, compared to a current price of €0.50 — trading 4.2% above its estimated fair value. The current EV-to-FCF is 13.36, which is 35% above median its 10-year median of 9.93 and 16% below the Travel & Leisure industry median of 15.91. Tabcorp Holdings' overall GF Score™ is 46/100 with 6 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 Tabcorp Holdings (FRA:THL), the current EV-to-FCF is 13.36 as of Jun. 30, 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 (FRA:THL) Overvalued in 2026?
Based on GuruFocus' analysis, Tabcorp Holdings stock appears to be overvalued.
The current stock price of €0.50 is trading 4.2% above its estimated GF Value™ of €0.48.
GuruFocus considers Tabcorp Holdings to be Fairly Valued.
Key valuation signals for FRA:THL:
EV-to-FCF: 13.36 (35% above median its 10-year median of 9.93)
GF Value™: €0.48 vs. price of €0.50 (4.2% above fair value)
Industry Position: 16% below the Travel & Leisure median (#222 of 571)
No single metric tells the full story. See the FRA:THL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
46GF Score
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