The Lottery (FRA:KH7) Return-on-Tangible-Asset: 28.94% (As of Jun. 2026) — 16% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

FRA:KH7 The Lottery Corp Ltd FRA:KH7
62 GF Score
Price €2.98
GF Value €2.98
! 6 Warning Signs
View Full Analysis

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

The Lottery FRA:KH7 +0.27% 62 Return-on-Tangible-Asset is 28.94% as of Jun. 2026, which is 16% above its 10-year median of 24.90. GuruFocus rates FRA:KH7 with a GF Score™ of 62/100 and a GF Value™ of €2.98. The stock has 6 warning signs investors should review. Among 856 Travel & Leisure companies, The Lottery ranks better than 94.16% 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. The Lottery's annualized Net Income for the quarter that ended in Jun. 2026 was €445 Mil. The Lottery's average total tangible assets for the quarter that ended in Jun. 2026 was €1,539 Mil. Therefore, The Lottery's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 28.94%.

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

FRA:KH7' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 18.65   Med: 24.9   Max: 29.21
Current: 18.65

During the past 5 years, The Lottery's highest Return-on-Tangible-Asset was 29.21%. The lowest was 18.65%. And the median was 24.90%.

FRA:KH7's Return-on-Tangible-Asset is ranked better than
94.16% of 856 companies
in the Travel & Leisure industry
Industry Median: 2.83 vs FRA:KH7: 18.65

The Lottery  (FRA:KH7) 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.


The Lottery Return-on-Tangible-Asset Related Terms


The Lottery Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for The 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.

The Lottery Return-on-Tangible-Asset Chart

The Lottery Annual Data
Trend Jun22 Jun23 Jun24 Jun25 Jun26
Return-on-Tangible-Asset
28.04 20.09 29.21 24.90 18.98

The Lottery Quarterly Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.03 47.68 50.40 45.03 28.94

FRA:KH7 vs : Return-on-Tangible-Asset Comparison

For the Gambling subindustry, The 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.


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

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

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


FRA:KH7
62GF Score
The Lottery Corp Ltd FRA:KH7
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Lottery Return-on-Tangible-Asset Calculation

The Lottery's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2026 )  (A: Jun. 2025 )(A: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2026 )  (A: Jun. 2025 )(A: Jun. 2026 )
=284.6/( (1499.8+1498.4)/ 2 )
=284.6/1499.1
=18.98 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=445.2/( (1578.7+1498.4)/ 2 )
=445.2/1538.55
=28.94 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 28.94% mean?
The Lottery (FRA:KH7) has a Return-on-Tangible-Asset of 28.94% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on The Lottery and its competitors. This is 16% above median its historical median of 24.90. Over the past decade, The Lottery's Return-on-Tangible-Asset has ranged from 18.65 to 29.21. According to the industry distribution chart, The Lottery ranks #50 out of 856 companies in the Travel & Leisure industry, placing it in the top 5.8%.
Is The Lottery's Return-on-Tangible-Asset too high?
The Lottery's current Return-on-Tangible-Asset of 28.94% is 16% above median its 10-year median of 24.90. Over the past 10 years, this metric has ranged from a low of 18.65 to a high of 29.21. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.83. The Lottery's value of 28.94% is 922.6% above this industry median. Based on the distribution chart, The Lottery ranks #50 out of 856 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 62/100, reflecting its overall financial health beyond just this single metric.
How does The Lottery's Return-on-Tangible-Asset compare to ?
According to the Travel & Leisure industry distribution chart, The Lottery ranks #50 out of 856 companies for Return-on-Tangible-Asset. This places The Lottery in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.83. The Lottery's value of 28.94% is 922.6% above this benchmark. Historically, The Lottery's own Return-on-Tangible-Asset has ranged from 18.65 to 29.21 over the past decade. While the company's 10-year median is 24.90 vs. the industry median of 2.83, 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 Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.83, based on 856 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. The Lottery's current Return-on-Tangible-Asset of 28.94% is 922.6% 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 The Lottery and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lottery's current Return-on-Tangible-Asset is 28.94%, which is 16% above median its own 10-year median of 24.90. 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?
The Lottery (FRA:KH7) has a current Return-on-Tangible-Asset of 28.94%. The stock's GF Value™ is €2.98, compared to a current price of €2.98 — trading 0.1% below its estimated fair value. The current Return-on-Tangible-Asset is 28.94%, which is 16% above median its 10-year median of 24.90 and 922.6% above the Travel & Leisure industry median of 2.83. The Lottery's overall GF Score™ is 62/100 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 The Lottery (FRA:KH7), the current Return-on-Tangible-Asset is 28.94% 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 (FRA:KH7) Overvalued in 2026?

Based on GuruFocus' analysis, The Lottery stock appears to be undervalued. The current stock price of €2.98 is trading 0.1% below its estimated GF Value™ of €2.98.

Key valuation signals for FRA:KH7:

  • Return-on-Tangible-Asset: 28.94% (16% above median its 10-year median of 24.90)
  • GF Value™: €2.98 vs. price of €2.98 (0.1% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 922.6% above the Travel & Leisure median (#50 of 856)

No single metric tells the full story. See the FRA:KH7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Lottery Business Description

Comparable Companies
Other Exchanges TLC:Australia
Address 180 Ann Street, Level 8, Brisbane, QLD, AUS, 4000
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.
62GF Score

Get the complete analysis for FRA:KH7

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

€2.98
Price
€2.98
GF Value