Lottomatica Group LTMC.MI
ItalyConsumer Cyclical · GamblingBorsa Italiana · EUR
32.41 EUR (+33.3%)
15 analysts
XTB0.00 €affiliateOpen account ↗
Interactive Brokers3.00 €Open account ↗XTB0.00 €★ featured · affiliateOpen account ↗Interactive Brokers3.00 €Open account ↗XTB0.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
Lottomatica Group is an Italian operator of regulated games and betting, offering lotteries, sports betting, and gaming through physical and digital channels under public licenses and concessions.
Listed on Borsa Italiana · Symbol LTMC.MI · BIT: LTMC · Currency EUR
Key points
from its scores- ✓Good share-price trend8.3
- ✓Strong growth7.7
- ✓Attractive valuation7.2
- !Balance sheet could be stronger5.0
AI analysis
bottom line, main risk, context and newsFundamentals are solid and forward valuation is reasonable, but leverage and regulatory risk in Italy warrant caution.
Lottomatica presents a solid financial profile with a ROE of 54.61% and an operating margin of 21.34%, although its net debt of 3.20x EBITDA and tight liquidity (0.81) require monitoring. Forward valuation is attractive (P/E 10.83, PEG 0.31) and earnings growth of 228.30% is notable, but governance risk in Italy and dependence on regulated concessions temper the appeal.
The main risk is dependence on renewable public concessions and licenses in the Italian gambling sector, subject to regulatory changes and political pressure, along with high financial leverage (ND/EBITDA 3.20).
Context and risks
Lottomatica operates in the regulated gambling sector in Italy, a country with elevated governance risk. Although its business is heavily regulated and licensed, dependence on renewable public concessions and active regulatory oversight in the Italian gambling sector introduce contextual risk not captured by financial metrics. Italy's institutional quality, with a history of political instability and pressure on socially sensitive sectors, justifies a moderate penalty.
Is Lottomatica Group stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 28% above the Consumer Cyclical median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 27.0 | 17.8 | +51% |
| EV / EBITDA | 11.8 | 11.2 | +5% |
| Price / book | 25.2 | 2.9 | +779% |
| Price / sales | 2.5 | 1.3 | +96% |
Sector: median of the 228 Consumer Cyclical companies analysed. In bold, the multiples used for the comparison.
Valuation score: 7.2 out of 10 (median for Consumer Cyclical: 6.6).
Average analyst target: 32.41 EUR, +33.3% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 7.0 (sector 5.7), Growth 7.7 (sector 5.9).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Consumer Cyclical medianValuation
- P/E
- 27.0
- Forward P/E
- 10.8
- EV / EBITDA
- 11.8
- Price / book
- 25.2
- Price / sales
- 2.5
- PEG
- 0.31
- Market cap
- 5.6B EUR
- Enterprise value
- 7.9B EUR
Profitability
- ROE
- 54.6%
- ROA
- 8.5%
- ROIC (approx.)
- 17.8%
- Gross margin
- 37.7%
- Operating margin
- 21.3%
- Net margin
- 9.6%
- Free cash flow
- 279.3M EUR
- FCF yield
- 5.0%
- Cash conversion
- 42%
Solvency
- Total debt
- 2.5B EUR
- Net debt
- 2.1B EUR
- Cash
- 368.4M EUR
- EBITDA
- 670.1M EUR
- Net debt / EBITDA
- 3.20
- Debt / equity
- 889.71
- Current ratio
- 0.81
- Quick ratio
- 0.66
Growth
- Revenue growth
- +4.3%
- Earnings growth
- +228.3%
- EPS (TTM)
- 0.90 EUR
- EPS (forward)
- 2.24 EUR
Dividend
- Dividend yield
- 1.8%
- Payout
- 48.9%
Risk and market
- Beta
- −0.04
- Analyst consensus
- Strong buy (15)
- Target price
- 32.41 EUR
- 52-week range
- 18.66 – 28.29
Recent news
All LTMC.MI news →Compare it with its sector
All 228 in Consumer Cyclical →Frequently asked questions about Lottomatica Group
Is Lottomatica Group stock cheap or expensive?
On P/E and EV / EBITDA, it trades 28% above the Consumer Cyclical median on average. Valuation score: 7.2 out of 10 (median for Consumer Cyclical: 6.6). Average analyst target: 32.41 EUR, +33.3% versus the price. This is not investment advice.
What score does Lottomatica Group get on MeridIAn Screener?
It scores 6.8 out of 10, rank 328 of 2,130 (better than 83% of the companies analysed). Its strongest category is Momentum (8.3) and its weakest, Financial health (5.0). Analysis of 08/10/2026.
What is Lottomatica Group's P/E ratio?
Its P/E is 27.0: the share price equals 27.0 times earnings per share over the last 12 months. The Consumer Cyclical median is 17.8. Based on the earnings analysts expect, the forward P/E is 10.8.
How much is Lottomatica Group worth on the stock market?
Its market capitalisation is 5.6B EUR and its enterprise value, debt included, is 7.9B EUR.
How much debt does Lottomatica Group have?
Its net debt (debt minus cash) is 2.1B EUR. That is 3.20 times its EBITDA; the Consumer Cyclical median is 1.91.
Does Lottomatica Group pay a dividend?
Yes: its dividend yield is 1.81% and it pays out 49% of its earnings.
How has Lottomatica Group stock performed over the last year?
It has risen 12.0% over the last year, excluding dividends. Over the last 52 weeks it has traded between 18.66 and 28.29 EUR. Past performance does not guarantee future results.
What do analysts think of Lottomatica Group?
15 analysts cover it; their average recommendation is “Strong buy” and their average target is 32.41 EUR (+33.3% versus the price). It is an estimate, not market data.