BRSL (Brightstar Lottery) Return-on-Tangible-Asset: 2.95% (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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.

BRSL Brightstar Lottery PLC BRSL
64 GF Score
Price $10.63
GF Value $18.96
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Brightstar Lottery Return-on-Tangible-Asset?

Brightstar Lottery BRSL -1.07% 64 Return-on-Tangible-Asset is 2.95% as of Mar. 2026, which is 3% above its 10-year median of 2.87. GuruFocus rates BRSL with a GF Score™ of 64/100 and a GF Value™ of $18.96 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 857 Travel & Leisure companies, Brightstar Lottery ranks worse than 50.41% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Brightstar Lottery's annualized Net Income for the quarter that ended in Mar. 2026 was $148 Mil. Brightstar Lottery's average total tangible assets for the quarter that ended in Mar. 2026 was $5,024 Mil. Therefore, Brightstar Lottery's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.95%.

The historical rank and industry rank for Brightstar Lottery's Return-on-Tangible-Asset or its related term are showing as below:

BRSL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.04   Med: 2.87   Max: 10.28
Current: 2.66

During the past 13 years, Brightstar Lottery's highest Return-on-Tangible-Asset was 10.28%. The lowest was -23.04%. And the median was 2.87%.

BRSL's Return-on-Tangible-Asset is ranked worse than
50.41% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.7 vs BRSL: 2.66

Brightstar Lottery  (NYSE:BRSL) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Brightstar Lottery Return-on-Tangible-Asset Related Terms


Brightstar Lottery Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Brightstar Lottery's Return-on-Tangible-Asset 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.

Brightstar Lottery Return-on-Tangible-Asset Chart

Brightstar Lottery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.28 7.06 2.93 4.95 2.81

Brightstar Lottery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 1.47 -2.89 7.85 7.08 2.95

BRSL vs ACEL, RSI, CDRO: Return-on-Tangible-Asset Comparison

For the Gambling subindustry, Brightstar Lottery's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Brightstar Lottery Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Brightstar Lottery's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Brightstar Lottery's Return-on-Tangible-Asset falls into.


BRSL
64GF Score
Brightstar Lottery PLC BRSL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brightstar Lottery Return-on-Tangible-Asset Calculation

Brightstar Lottery's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=147/( (7061+3404)/ 2 )
=147/5232.5
=2.81 %

Brightstar Lottery's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=148/( (3404+6644)/ 2 )
=148/5024
=2.95 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 2.95% mean?
Brightstar Lottery (BRSL) has a Return-on-Tangible-Asset of 2.95% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brightstar Lottery and its competitors. This is near median its historical median of 2.87. According to the industry distribution chart, Brightstar Lottery ranks #432 out of 857 companies in the Travel & Leisure industry, placing it in the top 50.4%.
Is Brightstar Lottery's Return-on-Tangible-Asset too high?
Brightstar Lottery's current Return-on-Tangible-Asset of 2.95% is near median its 10-year median of 2.87. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.70. Brightstar Lottery's value of 2.95% is 9.3% above this industry median. Based on the distribution chart, Brightstar Lottery ranks #432 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Brightstar Lottery has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brightstar Lottery's Return-on-Tangible-Asset compare to ACEL and RSI?
According to the Travel & Leisure industry distribution chart, Brightstar Lottery ranks #432 out of 857 companies for Return-on-Tangible-Asset. This places Brightstar Lottery in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.70. Brightstar Lottery's value of 2.95% is 9.3% above this benchmark. While the company's 10-year median is 2.87 vs. the industry median of 2.70, Brightstar 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 Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.70, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brightstar Lottery's current Return-on-Tangible-Asset of 2.95% is 9.3% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brightstar Lottery and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brightstar Lottery's current Return-on-Tangible-Asset is 2.95%, which is near median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brightstar Lottery stock overvalued right now?
Based on GuruFocus' analysis, Brightstar Lottery (BRSL) is currently considered Possible Value Trap. The stock's GF Value™ is $18.96, compared to a current price of $10.63 — trading 44% below its estimated fair value. The current Return-on-Tangible-Asset is 2.95%, which is near median its 10-year median of 2.87 and 9.3% above the Travel & Leisure industry median of 2.70. Brightstar Lottery's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Brightstar Lottery (BRSL), the current Return-on-Tangible-Asset is 2.95% as of Mar. 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 Brightstar Lottery (BRSL) Overvalued in 2026?

Based on GuruFocus' analysis, Brightstar Lottery stock appears to be undervalued. The current stock price of $10.63 is trading 44% below its estimated GF Value™ of $18.96. GuruFocus considers Brightstar Lottery to be Possible Value Trap.

Key valuation signals for BRSL:

  • Return-on-Tangible-Asset: 2.95% (near median its 10-year median of 2.87)
  • GF Value™: $18.96 vs. price of $10.63 (44% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 9.3% above the Travel & Leisure median (#432 of 857)

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


Brightstar Lottery Business Description

Other Exchanges 7IG:Germany
Address 2 and 3 Eldon Street, Fifth Floor, Eldon House, London, GBR, EC2M 7LS
Brightstar Lottery PLC is a pure-play lottery company focused on innovation, delivering secure technology and comprehensive lottery solutions. The Company operates lottery management services and instant lottery systems, and runs an international land-based lottery and iLottery business covering sales, operations, product development, technology, and support, while serving as an iLottery platform provider. Lottery services are delivered through operating contracts, FMCs, LMAs, iLottery, and product sales contracts, including the Italian Lotto license and Italian Scratch and Win (Gratta e Vinci) lottery license. The majority of revenue comes from operating contracts and FMCs. Brightstar operates in the US, Italy, Rest of Europe, and Others, with the majority of revenue coming from the US.
64GF Score

Get the complete analysis for BRSL

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

$10.63
Price
$18.96
GF Value