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: 3.08
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.13

20 Feb
2025

0.060

OPEN

$5.10

1.18%

HIGH

$5.20

4,122,434

LOW

$5.08

TARGET
$5.525 7.7% upside
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 FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 18.6 16.5 xxx
DPS (cps) xxx 18.5 16.7 xxx
EPS Growth xxx 56.4% - 11.6% xxx
DPS Growth xxx 23.3% - 9.9% xxx
PE Ratio xxx N/A 30.6 xxx
Dividend Yield xxx N/A 3.3% xxx
Div Pay Ratio(%) xxx 99.4% 101.3% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.68

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 202220232024
EPS Basic xxxxxx18.6
DPS All xxxxxx18.5
Sales/Revenue xxxxxx3,977.0 M
Book Value Per Share xxxxxx16.3
Net Operating Cash Flow xxxxxx492.8 M
Net Profit Margin xxxxxx10.41 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202220232024
Return on Capital Employed xxxxxx131.87 %
Return on Invested Capital xxxxxx14.70 %
Return on Assets xxxxxx9.48 %
Return on Equity xxxxxx131.87 %
Return on Total Capital xxxxxx24.63 %
Free Cash Flow ex dividends xxxxxx154.3 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 202220232024
Short-Term Debt xxxxxx12 M
Long Term Debt xxxxxx2,467 M
Total Debt xxxxxx2,480 M
Goodwill - Gross xxxxxx2,083 M
Cash & Equivalents - Generic xxxxxx604 M
Price To Book Value xxxxxx31.07

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202220232024
Capex xxxxxx68.5 M
Capex % of Sales xxxxxx1.72 %
Cost of Goods Sold xxxxxx911 M
Selling, General & Admin. Exp & Other xxxxxx2,370 M
Research & Development xxxxxx-
Investments - Total xxxxxx565 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

0.8

No. Of Recommendations

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

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

20/02/2025

1

Buy

$5.80

13.06%

Following in-line 1H results for Lottery Corp, UBS raises its price target by 10c to $5.80. Buy.

New FY25 opex guidance of -$310-320m was below guidance given at the FY24 result, observes the analyst, partly reflecting a lower 1H25 promotional spend but also operating efficiency initiatives.

The broker remains positive on the medium-to-long term growth formula for Lottery Corp earnings, leading to high-single-digit or low-double-digit EPS growth.

FORECAST
UBS forecasts a full year FY25 EPS of 17.00 cents.
UBS forecasts a full year FY26 EPS of 20.00 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

Goldman Sachs

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Jarden

28/01/2025

2

Upgrade to Overweight from Neutral

$5.05

-1.56%

Ahead of Lottery Corp's 1H25 result, Jarden has marked to market reduced jackpot activity and base games which returned to growth following a -5% turnover drop in FY24.

The broker now sees a -4% downside risk to consensus 1H25 turnover of $3.4bn (Jarden's estimate is $3.3bn). Beyond FY25, the broker assumes reversion to long-term growth of 4-5%.

Target price lifts slightly to $5.05 from $5.00 but rating upgraded to Overweight from Neutral.

FORECAST
Jarden forecasts a full year FY25 dividend of 16.00 cents and EPS of 15.70 cents.
Jarden forecasts a full year FY26 dividend of 17.00 cents and EPS of 18.70 cents.

TLC STOCK CHART