Lottery Future Growth
Future criteria checks 2/6
Lottery is forecast to grow earnings and revenue by 6.7% and 5.3% per annum respectively. EPS is expected to grow by 7.1% per annum. Return on equity is forecast to be 175.4% in 3 years.
Key information
6.7%
Earnings growth rate
7.08%
EPS growth rate
| Hospitality earnings growth | 13.2% |
| Revenue growth rate | 5.3% |
| Future return on equity | 175.41% |
| Analyst coverage | Good |
| Last updated | 20 May 2026 |
Recent future growth updates
Recent updates
TLC: Leadership Transition And Earnings Assumptions Will Shape A Balanced Outlook
Analysts have nudged their price target on Lottery slightly higher to around A$5.63. This reflects updated views on fair value, discount rate, revenue growth, profit margins and future P/E after recent research updates.TLC: Leadership Shift And Refined Assumptions Will Guide A Balanced Outlook
Analysts have slightly reduced their price target on Lottery, reflecting a modest adjustment to fair value and revenue growth assumptions, while still keeping their view consistent with recent research coverage updates on the stock. Analyst Commentary Recent research on Lottery highlights a mix of optimism and caution, with pricing updates reflecting changing views on how much investors are willing to pay for the company relative to its growth and execution track record.TLC: Leadership Transition And Refined Assumptions Will Shape A Balanced Outlook
Analysts have nudged their price target on Lottery slightly lower to around $5.65 from about $5.75, citing incremental adjustments to fair value, discount rate, revenue growth and profit margin assumptions, along with a modestly higher future P/E multiple in their models. What's in the News Lottery appointed Mr. Wayne Pickup as Chief Executive Officer and observer to the Board, with a plan for him to become a director and Managing Director once administrative steps are completed (company announcement).The Lottery Corporation Limited's (ASX:TLC) Business Is Yet to Catch Up With Its Share Price
When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") below 21x, you may consider...Are The Lottery Corporation Limited (ASX:TLC) Investors Paying Above The Intrinsic Value?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Lottery fair value estimate is AU$4.03 Current share price of...Digital Adoption Will Modernize Lottery Customer Engagement
The consensus price target for Lottery has been modestly increased to A$5.75, as a higher future P/E multiple more than offset slightly lower revenue growth forecasts. What's in the News The Lottery Corporation Limited announced a fully franked ordinary dividend of AUD 0.085 per share for the six months ended June 30, 2025.The Lottery Corporation Limited's (ASX:TLC) Business Is Yet to Catch Up With Its Share Price
ASX:TLC 1 Year Share Price vs Fair Value Explore Lottery's Fair Values from the Community and select yours With a...Should You Be Adding Lottery (ASX:TLC) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Returns On Capital Are A Standout For Lottery (ASX:TLC)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Acceleration Of Powerball Jackpots Will Attract More Customers
Digital expansion and customer-centric initiatives, like game innovation, are driving revenue growth by attracting younger demographics and enhancing engagement.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2028 | 4,351 | 411 | 521 | 590 | 13 |
| 6/30/2027 | 4,189 | 393 | -66 | 583 | 15 |
| 6/30/2026 | 3,806 | 367 | 379 | 485 | 15 |
| 12/31/2025 | 3,788 | 363 | 529 | 617 | N/A |
| 9/30/2025 | 3,770 | 364 | 499 | 579 | N/A |
| 6/30/2025 | 3,753 | 366 | 470 | 542 | N/A |
| 3/31/2025 | 3,823 | 369 | 351 | 420 | N/A |
| 12/31/2024 | 3,893 | 372 | 231 | 298 | N/A |
| 9/30/2024 | 3,946 | 393 | 328 | 395 | N/A |
| 6/30/2024 | 3,998 | 414 | 424 | 493 | N/A |
| 3/31/2024 | 3,739 | 362 | 366 | 444 | N/A |
| 12/31/2023 | 3,481 | 309 | 309 | 395 | N/A |
| 9/30/2023 | 3,497 | 287 | 343 | 426 | N/A |
| 6/30/2023 | 3,514 | 265 | 377 | 457 | N/A |
| 3/31/2023 | 3,524 | 293 | 486 | 545 | N/A |
| 12/31/2022 | 3,535 | 321 | 596 | 633 | N/A |
| 9/30/2022 | 3,407 | 334 | 598 | 629 | N/A |
| 6/30/2022 | 3,279 | 347 | 600 | 624 | N/A |
| 3/31/2022 | 3,143 | 307 | N/A | N/A | N/A |
| 12/31/2021 | 3,007 | 267 | N/A | N/A | N/A |
| 9/30/2021 | 2,979 | 333 | N/A | N/A | N/A |
| 6/30/2021 | 2,951 | 399 | 288 | 309 | N/A |
| 6/30/2020 | 2,920 | 450 | N/A | N/A | N/A |
| 6/30/2019 | 2,868 | 430 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TLC's forecast earnings growth (6.7% per year) is above the savings rate (3.6%).
Earnings vs Market: TLC's earnings (6.7% per year) are forecast to grow slower than the Australian market (11.9% per year).
High Growth Earnings: TLC's earnings are forecast to grow, but not significantly.
Revenue vs Market: TLC's revenue (5.3% per year) is forecast to grow slower than the Australian market (6.1% per year).
High Growth Revenue: TLC's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TLC's Return on Equity is forecast to be very high in 3 years time (175.4%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/21 08:52 |
| End of Day Share Price | 2026/05/21 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
The Lottery Corporation Limited is covered by 24 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Ryan | Barrenjoey Markets Pty Limited |
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| Ware Kuo | BofA Global Research |