Aristocrat Leisure Limited, together with its subsidiaries, engages in the development, assembly, sale, distribution, and servicing of games and systems in the Americas, Australia, New Zealand, and internationally.
The company offers gaming content;…
Analysis
Hope premium
Aristocrat Leisure Limited is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is fair. The owner-earnings multiple stands at 21.9×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 7% a year, against analyst forecasts of 12%. The price, in other words, assumes less than the experts do.
Growth is moderate; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202363
86
2023202420252026
All-time high
86
Jun 2026
All-time low
26
Oct 2025
Average rank
51
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
1
7
16
17
Price/Earnings
40
23
56
50
Price/Book
20
3
25
16
Dividend Yield
65
48
42
49
Value (overall)
23
16
11
33
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.