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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). The Lottery's share price for the quarter that ended in Dec. 2025 was A$5.16. The Lottery's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 2,225 Mil. Therefore, The Lottery's market cap for the quarter that ended in Dec. 2025 was A$11,479 Mil.
The Lottery's quarterly market cap
increased
from Dec. 2024 (A$10,991 Mil) to Jun. 2025 (A$11,864 Mil) but then
declined
from Jun. 2025 (A$11,864 Mil) to Dec. 2025 (A$11,479 Mil).
The Lottery's annual market cap
declined
from Jun. 2023 (A$11,418 Mil) to Jun. 2024 (A$11,285 Mil) but then
increased
from Jun. 2024 (A$11,285 Mil) to Jun. 2025 (A$11,864 Mil).
Enterprise Value is 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 and cash equivalents. The Lottery's Enterprise Value for Today is A$14,452 Mil.
The Lottery (ASX:TLC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
The Lottery Market Cap Related Terms
The Lottery Market Cap Historical Data
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The historical data trend for The Lottery's Market Cap 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, SGHC: Market Cap Comparison
For the Gambling subindustry, The Lottery's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Market Cap distribution charts can be found below:
* The bar in red indicates where The Lottery's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
The Lottery's Market Cap 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.
The Lottery (ASX:TLC) has a Market Cap of A$12,509 Mil as of Jul. 15, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on The Lottery and its competitors. According to the industry distribution chart, The Lottery ranks #35 out of 866 companies in the Travel & Leisure industry, placing it in the top 4%.
Is The Lottery's Market Cap too high?
The Lottery's current Market Cap is A$12,509 Mil. Based on the distribution chart, The Lottery ranks #35 out of 866 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, The Lottery has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Lottery's Market Cap compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, The Lottery ranks #35 out of 866 companies for Market Cap. This places The Lottery in the top 4% of its industry — outperforming the majority of peers. The industry median Market Cap is 111.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Travel & Leisure company?
The median Market Cap among Travel & Leisure companies is 111.62, based on 866 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on The Lottery and its competitors. For the Travel & Leisure industry, the median Market Cap is 111.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lottery's current Market Cap is A$12,509 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$5.54 — trading 5.9% above its estimated fair value. The current Market Cap is A$12,509 Mil. The Lottery's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For The Lottery (ASX:TLC), the current Market Cap is A$12,509 Mil as of Jul. 15, 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$5.54 is trading 5.9% above its estimated GF Value™ of A$5.23.
GuruFocus considers The Lottery to be Fairly Valued.
Key valuation signals for ASX:TLC:
Market Cap: A$12,509 Mil
GF Value™: A$5.23 vs. price of A$5.54 (5.9% 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.
64GF Score
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