LOTTERY CORPORATION LIMITED (TLC)
Share Price Analysis and Chart

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TLC

TLC - LOTTERY CORPORATION LIMITED

FNArena Sector : Gaming
Year End: June
GICS Industry Group : Consumer Services
Debt/EBITDA: 3.45
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.88

29 Aug
2025

-0.030

OPEN

$5.89

-0.51%

HIGH

$5.93

2,680,793

LOW

$5.85

TARGET
$5.808 -1.2% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AGI . ALL . BBT . BET . JIN . LNW . PBH . PLY . SGR . SKC . TAH .
FNARENA'S MARKET CONSENSUS FORECASTS
TLC: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 16.4 18.6 xxx
DPS (cps) xxx 16.5 18.4 xxx
EPS Growth xxx - 11.7% 13.2% xxx
DPS Growth xxx - 10.8% 11.4% xxx
PE Ratio xxx N/A 31.7 xxx
Dividend Yield xxx N/A 3.1% xxx
Div Pay Ratio(%) xxx 100.4% 98.8% xxx

Dividend yield today if purchased 3 years ago: 3.66%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.80

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 28/08 - ex-div 10.50c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 2022202320242025
EPS Basic xxxxxxxxx16.4
DPS All xxxxxxxxx16.5
Sales/Revenue xxxxxxxxx3,727.2 M
Book Value Per Share xxxxxxxxx14.5
Net Operating Cash Flow xxxxxxxxx541.7 M
Net Profit Margin xxxxxxxxx9.81 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 2022202320242025
Return on Capital Employed xxxxxxxxx106.73 %
Return on Invested Capital xxxxxxxxx13.34 %
Return on Assets xxxxxxxxx8.34 %
Return on Equity xxxxxxxxx106.73 %
Return on Total Capital xxxxxxxxx21.85 %
Free Cash Flow ex dividends xxxxxxxxx130.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 2022202320242025
Short-Term Debt xxxxxxxxx174 M
Long Term Debt xxxxxxxxx2,327 M
Total Debt xxxxxxxxx2,500 M
Goodwill - Gross xxxxxxxxx2,083 M
Cash & Equivalents - Generic xxxxxxxxx662 M
Price To Book Value xxxxxxxxx36.85

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 2022202320242025
Capex xxxxxxxxx71.6 M
Capex % of Sales xxxxxxxxx1.92 %
Cost of Goods Sold xxxxxxxxx914 M
Selling, General & Admin. Exp & Other xxxxxxxxx2,195 M
Research & Development xxxxxxxxx-
Investments - Total xxxxxxxxx563 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.2

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

21/08/2025

5

Sell

$5.00

-14.97%

Citi notes Lottery Corp's FY25 EBIT beat the consensus by 1% but the Powerball price increase of 16.7% was below its expectations of 20% increase and was on the back of weaker comparison.

The price increase comes six months earlier than the broker's forecast. The broker expects Powerball like-for-like to be down at least through 1H26 based on the soft 2H25 trend and no acceleration in jackpot sequences before the price increase.

Minor revisions to forecasts, including 2.8% revenue upgrade in FY26 and 1.5% in FY27 on earlier-than-expected Powerball price increases. The broker expects to remain below consensus for Powerball in FY26-27.

Sell. Target unchanged at $5.

FORECAST
Citi forecasts a full year FY26 dividend of 18.00 cents and EPS of 17.30 cents.
Citi forecasts a full year FY27 dividend of 19.00 cents and EPS of 17.80 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

25/08/2025

3

Neutral

$5.65

-3.91%

Jarden described Lottery Corp's FY25 result as a good quality, clean result, with digital penetration up 90bps to 41.8% and ahead of its expectations.

The result showed opex was flat in 2H vs 1H, reflecting good cost management and strong Keno retail performance.

The highlight was Powerball price rise brought forward to November this year from May 2026, which is expected to lift annual turnover by 3-4%.

EPS forecasts lifted by an average 3.5% over FY26-30. Neutral. Target rises to $5.65 from $5.30.

FORECAST
Jarden forecasts a full year FY26 dividend of 17.00 cents and EPS of 19.30 cents.
Jarden forecasts a full year FY27 dividend of 19.50 cents and EPS of 21.60 cents.
Access Extra Coverage Research History >

TLC STOCK CHART

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