Teck Resources
Market Cap
CA$10.8b
Last Updated
2020/09/21 05:48 UTC
Data Sources
Company Financials +
Executive Summary
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Teck Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TECK.B's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
13.4%
TECK.B
2.1%
CA Metals and Mining
0.2%
CA Market
1 Year Return
-10.1%
TECK.B
50.2%
CA Metals and Mining
-7.8%
CA Market
Return vs Industry: TECK.B underperformed the Canadian Metals and Mining industry which returned 50.2% over the past year.
Return vs Market: TECK.B underperformed the Canadian Market which returned -7.8% over the past year.
Shareholder returns
| TECK.B | Industry | Market | |
|---|---|---|---|
| 7 Day | 13.4% | 2.1% | 0.2% |
| 30 Day | 35.8% | 3.9% | -1.1% |
| 90 Day | 40.4% | 22.3% | 5.9% |
| 1 Year | -8.9%-10.1% | 51.4%50.2% | -4.6%-7.8% |
| 3 Year | -19.2%-22.6% | 62.0%58.8% | 9.6%-1.0% |
| 5 Year | 264.4%241.7% | 185.2%176.7% | 41.7%19.9% |
Price Volatility Vs. Market
How volatile is Teck Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall St
A Close Look At Teck Resources Limited’s (TSE:TECK.B) 7.3% ROCE9 months ago | Simply Wall St
Teck Resources Limited (TSE:TECK.B)'s Could Be A Buy For Its Upcoming Dividend9 months ago | Simply Wall St
Should You Worry About Teck Resources Limited's (TSE:TECK.B) CEO Pay Cheque?Valuation
Is Teck Resources undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TECK.B (CA$20.33) is trading below our estimate of fair value (CA$64.37)
Significantly Below Fair Value: TECK.B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TECK.B is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: TECK.B is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TECK.B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TECK.B is good value based on its PB Ratio (0.5x) compared to the CA Metals and Mining industry average (3x).
Next Steps
Future Growth
How is Teck Resources forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
43.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TECK.B is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: TECK.B is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TECK.B's is expected to become profitable in the next 3 years.
Revenue vs Market: TECK.B's revenue (11.1% per year) is forecast to grow faster than the Canadian market (5.6% per year).
High Growth Revenue: TECK.B's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TECK.B's Return on Equity is forecast to be low in 3 years time (4.9%).
Next Steps
Past Performance
How has Teck Resources performed over the past 5 years?
22.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TECK.B is currently unprofitable.
Growing Profit Margin: TECK.B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TECK.B is unprofitable, but has reduced losses over the past 5 years at a rate of 22% per year.
Accelerating Growth: Unable to compare TECK.B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TECK.B is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).
Return on Equity
High ROE: TECK.B has a negative Return on Equity (-9.16%), as it is currently unprofitable.
Next Steps
Financial Health
How is Teck Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TECK.B's short term assets (CA$3.4B) exceed its short term liabilities (CA$2.2B).
Long Term Liabilities: TECK.B's short term assets (CA$3.4B) do not cover its long term liabilities (CA$15.4B).
Debt to Equity History and Analysis
Debt Level: TECK.B's debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: TECK.B's debt to equity ratio has reduced from 47.8% to 29.7% over the past 5 years.
Debt Coverage: TECK.B's debt is well covered by operating cash flow (37.8%).
Interest Coverage: Insufficient data to determine if TECK.B's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Teck Resources's current dividend yield, its reliability and sustainability?
0.98%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TECK.B's dividend (0.98%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.73%).
High Dividend: TECK.B's dividend (0.98%) is low compared to the top 25% of dividend payers in the Canadian market (5.73%).
Stability and Growth of Payments
Stable Dividend: TECK.B's dividend payments have been volatile in the past 10 years.
Growing Dividend: TECK.B's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: TECK.B is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: TECK.B's dividends in 3 years are forecast to be thoroughly covered by earnings (8.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.2yrs
Average management tenure
CEO
Don Lindsay (61 yo)
15.42yrs
Tenure
CA$9,167,200
Compensation
Mr. Donald R. Lindsay, also known as Don, is Chief Executive Officer at Teck Resources Limited since April 2005 and President since January 2005. Mr. Lindsay joined Teck Resources Limited in January 2005 a ...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD6.95M) is above average for companies of similar size in the Canadian market ($USD3.87M).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.42yrs | CA$9.17m | 0.076% CA$ 8.2m | |
| Senior VP of Finance & CFO | 14.92yrs | CA$2.90m | 0.0014% CA$ 156.7k | |
| Senior Vice President of Commercial & Legal Affairs | 10.42yrs | CA$3.01m | 0.0059% CA$ 639.9k | |
| Senior Vice President of Sustainability & External Affairs | 8.67yrs | CA$2.64m | 0.00028% CA$ 30.3k | |
| Executive VP & COO | no data | no data | no data | |
| Senior Vice President of Investor Relations & Strategic Analysis | 3.5yrs | no data | no data | |
| Public Relations Manager | no data | no data | no data | |
| Senior Vice President of Marketing & Logistics | 0.67yr | no data | 0.0025% CA$ 271.3k | |
| Senior Vice President of Corporate Development | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 7.83yrs | no data | no data | |
| Senior Vice President of Base Metals | 7.25yrs | CA$2.29m | 0.019% CA$ 2.0m | |
| Senior Vice President of Exploration | 8.17yrs | no data | no data |
8.2yrs
Average Tenure
59.5yo
Average Age
Experienced Management: TECK.B's management team is seasoned and experienced (8.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.42yrs | CA$9.17m | 0.076% CA$ 8.2m | |
| Independent Director | 5.42yrs | CA$282.56k | 0.0025% CA$ 268.1k | |
| Independent Director | 8yrs | CA$293.33k | 0.0018% CA$ 195.7k | |
| Chairman Emeritus | 1.92yrs | CA$825.44k | no data | |
| Independent Director | 12.83yrs | CA$278.47k | 0.013% CA$ 1.4m | |
| Independent Director | 3.42yrs | CA$246.95k | 0.0021% CA$ 230.2k | |
| Independent Director | 5.83yrs | CA$278.01k | no data | |
| Vice Chairman | 1.92yrs | CA$338.16k | 0.0019% CA$ 203.2k | |
| Independent Chairman | 1yr | CA$303.86k | 0.0015% CA$ 160.0k | |
| Independent Director | 5.42yrs | CA$285.00k | 0.0043% CA$ 463.7k | |
| Independent Director | 4.42yrs | CA$225.85k | no data | |
| Independent Director | 4.42yrs | CA$242.28k | 0.00038% CA$ 41.1k |
4.9yrs
Average Tenure
65yo
Average Age
Experienced Board: TECK.B's board of directors are considered experienced (4.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TECK.B insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Teck Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Teck Resources Limited
- Ticker: TECK.B
- Exchange: TSX
- Founded:
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$10.810b
- Shares outstanding: 531.03m
- Website: https://www.teck.com
Number of Employees
Location
- Teck Resources Limited
- Bentall 5
- Suite 3300
- Vancouver
- British Columbia
- V6C 0B3
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TECK.B | TSX (The Toronto Stock Exchange) | Yes | Class B Subordinated Voting Shares | CA | CAD | Dec 1972 |
| TECK.A | TSX (The Toronto Stock Exchange) | Class A Common Shares | CA | CAD | Dec 1972 | |
| TECK | NYSE (New York Stock Exchange) | Yes | Class B Subordinated Voting Shares | US | USD | Dec 1972 |
| TEKB | DB (Deutsche Boerse AG) | Yes | Class B Subordinated Voting Shares | DE | EUR | Dec 1972 |
| TECK N | BMV (Bolsa Mexicana de Valores) | Yes | Class B Subordinated Voting Shares | MX | MXN | Dec 1972 |
| TCKR.F | OTCPK (Pink Sheets LLC) | Class A Common Shares | US | USD | Dec 1972 | |
| TPT | DB (Deutsche Boerse AG) | Class A Common Shares | DE | EUR | Dec 1972 |
Biography
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. It operates through five segments: Steelmaking coal, Copper, Zinc, a ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/21 05:48 |
| End of Day Share Price | 2020/09/18 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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 here.