Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for The Lottery's Net Cash per Share or its related term are showing as below:
ASX:TLC's Price-to-Net-Cash is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.58 * Ranked among companies with meaningful Price-to-Net-Cash only.
The Lottery (ASX:TLC) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
The Lottery Net Cash per Share Related Terms
The Lottery Net Cash per Share Historical Data
* Premium members only.
The historical data trend for The Lottery's Net Cash per Share 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: Net Cash per Share Comparison
For the Gambling subindustry, The Lottery's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where The Lottery's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
The Lottery's Net Cash per Share for the fiscal year that ended in Jun. 2026 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 Net Cash per Share of A$-2.08 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on The Lottery and its competitors. According to the industry distribution chart, The Lottery ranks #999999 out of 149 companies in the Travel & Leisure industry.
Is The Lottery's Net Cash per Share too high?
The Lottery's current Net Cash per Share is A$-2.08. Based on the distribution chart, The Lottery ranks #999999 out of 149 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, The Lottery has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Lottery's Net Cash per Share compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, The Lottery ranks #999999 out of 149 companies for Net Cash per Share. This places The Lottery in the lower half of its industry. The industry median Net Cash per Share is 6.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Travel & Leisure company?
The median Net Cash per Share among Travel & Leisure companies is 6.58, based on 149 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on The Lottery and its competitors. For the Travel & Leisure industry, the median Net Cash per Share is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lottery's current Net Cash per Share is A$-2.08. 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$5.06, compared to a current price of A$5.16 — trading 2% above its estimated fair value. The current Net Cash per Share is A$-2.08. The Lottery's overall GF Score™ is 58/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For The Lottery (ASX:TLC), the current Net Cash per Share is A$-2.08 as of Jun. 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$5.16 is trading 2% above its estimated GF Value™ of A$5.06.
GuruFocus considers The Lottery to be Fairly Valued.
Key valuation signals for ASX:TLC:
Net Cash per Share: A$-2.08
GF Value™: A$5.06 vs. price of A$5.16 (2% 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.
58GF Score
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