Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The Lottery's Revenue for the
six
months ended in Dec. 2025 was A$1,815 Mil. The Lottery's Total Assets for the quarter that ended in Dec. 2025 was A$4,431 Mil. Therefore, The Lottery's Asset Turnover for the quarter that ended in Dec. 2025 was 0.41.
Asset Turnover is linked to ROE % through Du Pont Formula. The Lottery's annualizedROE % for the quarter that ended in Dec. 2025 was 104.81%. It is also linked to ROA % through Du Pont Formula. The Lottery's annualizedROA % for the quarter that ended in Dec. 2025 was 7.82%.
The Lottery (ASX:TLC) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
The Lottery's annulizedROE % for the quarter that ended in Dec. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
The Lottery's annulizedROA % for the quarter that ended in Dec. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* 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.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
The Lottery Asset Turnover Related Terms
The Lottery Asset Turnover Historical Data
* Premium members only.
The historical data trend for The Lottery's Asset Turnover 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, LNWO: Asset Turnover Comparison
For the Gambling subindustry, The Lottery's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Asset Turnover distribution charts can be found below:
* The bar in red indicates where The Lottery's Asset Turnover falls into.
* 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
The Lottery (ASX:TLC) has a Asset Turnover of 0.41 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on The Lottery and its competitors.
Is The Lottery's Asset Turnover too high?
The Lottery's current Asset Turnover is 0.41. Overall, The Lottery has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Lottery's Asset Turnover compare to FLUT and DKNG?
The Lottery's Asset Turnover of 0.41 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on The Lottery and its competitors. The Lottery's current Asset Turnover is 0.41. 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$5.63 — trading 7.6% above its estimated fair value. The current Asset Turnover is 0.41. The Lottery's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For The Lottery (ASX:TLC), the current Asset Turnover is 0.41 as of Dec. 2025. 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$5.63 is trading 7.6% above its estimated GF Value™ of A$5.23.
GuruFocus considers The Lottery to be Fairly Valued.
Key valuation signals for ASX:TLC:
Asset Turnover: 0.41
GF Value™: A$5.23 vs. price of A$5.63 (7.6% 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.
63GF Score
Get the complete analysis for ASX:TLC
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:TLC has been successfully added to your 
