(BRSL) Brightstar Lottery - Overview
Stock: Lottery Machines, Instant Tickets, iLottery, Processing Systems, Marketing
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 25.60% |
| Yield on Cost 5y | 23.02% |
| Yield CAGR 5y | 109.05% |
| Payout Consistency | 79.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 31.2% |
| Relative Tail Risk | -9.30% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.26 |
| Alpha | -8.06 |
| Character TTM | |
|---|---|
| Beta | 0.893 |
| Beta Downside | 0.922 |
| Drawdowns 3y | |
|---|---|
| Max DD | 54.45% |
| CAGR/Max DD | -0.18 |
Description: BRSL Brightstar Lottery January 17, 2026
Brightstar Lottery PLC (NYSE: BRSL) operates a diversified lottery-services business across the United States, Italy, the rest of Europe, and other international markets. The firm designs, sells, leases, and operates point-of-sale (POS) machines that reconcile funds between retailers and lottery authorities, runs transaction-processing platforms, produces instant-ticket games, and provides a full suite of printing and iLottery services. In addition, Brightstar processes ancillary commercial transactions-including prepaid mobile top-ups, bill payments, e-vouchers, and tax-related services-while licensing software and delivering retail-optimization and brand-awareness campaigns for lottery operators.
Key metrics from the most recent public filing (FY 2024) show revenue of roughly $1.2 billion, with an EBITDA margin near 22 %, reflecting the high-margin nature of software licensing and transaction processing. The lottery sector is currently driven by two macro trends: (1) a shift toward digital and instant-play formats, which has accelerated post-COVID as consumers favor online and mobile channels; and (2) discretionary-spending resilience, where consumer confidence indices in the U.S. and EU remain above pre-pandemic levels, supporting ticket sales despite tighter fiscal environments. A notable risk is regulatory fragmentation-state-level approvals in the U.S. can materially affect rollout timelines for new iLottery products.
For a deeper quantitative breakdown of BRSL’s valuation metrics, the ValueRay platform offers a useful snapshot.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 304.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -8.34 > 1.0 |
| NWC/Revenue: -36.25% < 20% (prev 137.4%; Δ -173.7% < -1%) |
| CFO/TA 0.04 > 3% & CFO 398.0m > Net Income 304.0m |
| Net Debt (2.61b) to EBITDA (933.0m): 2.80 < 3 |
| Current Ratio: 0.74 > 1.5 & < 3 |
| Outstanding Shares: last quarter (196.0m) vs 12m ago -2.97% < -2% |
| Gross Margin: 45.63% > 18% (prev 0.47%; Δ 4516 % > 0.5%) |
| Asset Turnover: 25.53% > 50% (prev 24.79%; Δ 0.74% > 0%) |
| Interest Coverage Ratio: 3.12 > 6 (EBITDA TTM 933.0m / Interest Expense TTM 182.0m) |
Altman Z'' -0.44
| A: -0.10 (Total Current Assets 2.52b - Total Current Liabilities 3.42b) / Total Assets 9.29b |
| B: -0.06 (Retained Earnings -574.0m / Total Assets 9.29b) |
| C: 0.06 (EBIT TTM 568.0m / Avg Total Assets 9.77b) |
| D: 0.01 (Book Value of Equity 70.0m / Total Liabilities 7.93b) |
| Altman-Z'' Score: -0.44 = B |
Beneish M -2.13
| DSRI: 1.43 (Receivables 605.0m/430.0m, Revenue 2.49b/2.54b) |
| GMI: 1.03 (GM 45.63% / 47.03%) |
| AQI: 1.90 (AQ_t 0.64 / AQ_t-1 0.34) |
| SGI: 0.98 (Revenue 2.49b / 2.54b) |
| TATA: -0.01 (NI 304.0m - CFO 398.0m) / TA 9.29b) |
| Beneish M-Score: -2.13 (Cap -4..+1) = BB |
What is the price of BRSL shares?
Over the past week, the price has changed by -1.38%, over one month by -8.99%, over three months by -13.16% and over the past year by +7.68%.
Is BRSL a buy, sell or hold?
What are the forecasts/targets for the BRSL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 20.2 | 41.4% |
BRSL Fundamental Data Overview February 03, 2026
P/E Forward = 16.835
P/S = 1.4323
P/B = 2.1154
Revenue TTM = 2.49b USD
EBIT TTM = 568.0m USD
EBITDA TTM = 933.0m USD
Long Term Debt = 4.06b USD (from longTermDebt, last quarter)
Short Term Debt = 151.0m USD (from shortTermDebt, last quarter)
Debt = 4.31b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.61b USD (from netDebt column, last quarter)
Enterprise Value = 6.12b USD (3.51b + Debt 4.31b - CCE 1.70b)
Interest Coverage Ratio = 3.12 (Ebit TTM 568.0m / Interest Expense TTM 182.0m)
EV/FCF = 59.42x (Enterprise Value 6.12b / FCF TTM 103.1m)
FCF Yield = 1.68% (FCF TTM 103.1m / Enterprise Value 6.12b)
FCF Margin = 4.13% (FCF TTM 103.1m / Revenue TTM 2.49b)
Net Margin = 12.19% (Net Income TTM 304.0m / Revenue TTM 2.49b)
Gross Margin = 45.63% ((Revenue TTM 2.49b - Cost of Revenue TTM 1.36b) / Revenue TTM)
Gross Margin QoQ = 51.19% (prev 43.49%)
Tobins Q-Ratio = 0.66 (Enterprise Value 6.12b / Total Assets 9.29b)
Interest Expense / Debt = 0.84% (Interest Expense 36.0m / Debt 4.31b)
Taxrate = 29.85% (40.0m / 134.0m)
NOPAT = 398.4m (EBIT 568.0m * (1 - 29.85%))
Current Ratio = 0.74 (Total Current Assets 2.52b / Total Current Liabilities 3.42b)
Debt / Equity = 4.94 (Debt 4.31b / totalStockholderEquity, last quarter 871.0m)
Debt / EBITDA = 2.80 (Net Debt 2.61b / EBITDA 933.0m)
Debt / FCF = 25.34 (Net Debt 2.61b / FCF TTM 103.1m)
Total Stockholder Equity = 1.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.11% (Net Income 304.0m / Total Assets 9.29b)
RoE = 21.35% (Net Income TTM 304.0m / Total Stockholder Equity 1.42b)
RoCE = 10.35% (EBIT 568.0m / Capital Employed (Equity 1.42b + L.T.Debt 4.06b))
RoIC = 5.80% (NOPAT 398.4m / Invested Capital 6.87b)
WACC = 4.46% (E(3.51b)/V(7.82b) * Re(9.21%) + D(4.31b)/V(7.82b) * Rd(0.84%) * (1-Tc(0.30)))
Discount Rate = 9.21% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.01%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈449.4m ; Y1≈295.0m ; Y5≈134.6m
Fair Price DCF = 8.31 (EV 4.29b - Net Debt 2.61b = Equity 1.68b / Shares 202.0m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -72.02 | EPS CAGR: -47.08% | SUE: -1.92 | # QB: 0
Revenue Correlation: -44.01 | Revenue CAGR: -4.44% | SUE: N/A | # QB: 0