| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
TECK.B Stock Overview
Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America.
Teck Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$40.97 |
| 52 Week High | CA$44.15 |
| 52 Week Low | CA$21.86 |
| Beta | 1.14 |
| 1 Month Change | 13.49% |
| 3 Month Change | 15.93% |
| 1 Year Change | 57.15% |
| 3 Year Change | 35.04% |
| 5 Year Change | 23.70% |
| Change since IPO | 207.76% |
Recent News & Updates
Estimating The Fair Value Of Teck Resources Limited (TSE:TECK.B)
Today we will run through one way of estimating the intrinsic value of Teck Resources Limited ( TSE:TECK.B ) by...
Shareholder Returns
| TECK.B | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | -3.8% | -0.05% | -2.9% |
| 1Y | 57.2% | -1.1% | 15.9% |
Return vs Industry: TECK.B exceeded the Canadian Metals and Mining industry which returned -1.1% over the past year.
Return vs Market: TECK.B exceeded the Canadian Market which returned 15.9% over the past year.
Price Volatility
| TECK.B volatility | |
|---|---|
| TECK.B Average Weekly Movement | 5.0% |
| Metals and Mining Industry Average Movement | 10.5% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: TECK.B is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TECK.B's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1913 | 10,000 | Don Lindsay | https://www.teck.com |
Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, and Energy segments. The company’s principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead and molybdenum concentrates.
Teck Resources Fundamentals Summary
| TECK.B fundamental statistics | |
|---|---|
| Market Cap | CA$21.85b |
| Earnings (TTM) | CA$917.00m |
| Revenue (TTM) | CA$11.64b |
23.8x
P/E Ratio1.9x
P/S RatioIs TECK.B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TECK.B income statement (TTM) | |
|---|---|
| Revenue | CA$11.64b |
| Cost of Revenue | CA$8.17b |
| Gross Profit | CA$3.47b |
| Expenses | CA$2.55b |
| Earnings | CA$917.00m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.72 |
| Gross Margin | 29.82% |
| Net Profit Margin | 7.88% |
| Debt/Equity Ratio | 37.8% |
How did TECK.B perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield12%
Payout RatioValuation
Is Teck Resources undervalued compared to its fair value and its price relative to the market?
28.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TECK.B (CA$40.97) is trading below our estimate of fair value (CA$57.38)
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 poor value based on its PE Ratio (23.8x) compared to the Canadian Metals and Mining industry average (10.3x).
PE vs Market: TECK.B is poor value based on its PE Ratio (23.8x) compared to the Canadian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: TECK.B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TECK.B is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (2.5x).
Future Growth
How is Teck Resources forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
-5.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TECK.B's earnings are forecast to decline over the next 3 years (-5.7% per year).
Earnings vs Market: TECK.B's earnings are forecast to decline over the next 3 years (-5.7% per year).
High Growth Earnings: TECK.B's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TECK.B's revenue (2.6% per year) is forecast to grow slower than the Canadian market (5.6% per year).
High Growth Revenue: TECK.B's revenue (2.6% 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 (7.8%).
Past Performance
How has Teck Resources performed over the past 5 years?
-33.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TECK.B has high quality earnings.
Growing Profit Margin: TECK.B became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TECK.B has become profitable over the past 5 years, growing earnings by -33.1% per year.
Accelerating Growth: TECK.B has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TECK.B has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).
Return on Equity
High ROE: TECK.B's Return on Equity (4.1%) is considered low.
Financial Health
How is Teck Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TECK.B's short term assets (CA$4.8B) exceed its short term liabilities (CA$3.4B).
Long Term Liabilities: TECK.B's short term assets (CA$4.8B) do not cover its long term liabilities (CA$19.2B).
Debt to Equity History and Analysis
Debt Level: TECK.B's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: TECK.B's debt to equity ratio has reduced from 51.7% to 37.8% over the past 5 years.
Debt Coverage: TECK.B's debt is well covered by operating cash flow (38.4%).
Interest Coverage: TECK.B earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Teck Resources's current dividend yield, its reliability and sustainability?
0.49%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TECK.B's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.61%).
High Dividend: TECK.B's dividend (0.49%) is low compared to the top 25% of dividend payers in the Canadian market (4.79%).
Stability and Growth of Payments
Stable Dividend: TECK.B is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: TECK.B is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TECK.B is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TECK.B's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Don Lindsay (62 yo)
17yrs
Tenure
CA$12,268,350
Compensation
Mr. Donald R. Lindsay, also known as Don, is Chief Executive Officer at Teck Resources Limited since April 2005 and President since January 2005. Mr. Lindsay joined Teck Resources Limited in January 2005 a...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD9.79M) is above average for companies of similar size in the Canadian market ($USD5.93M).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TECK.B's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: TECK.B's board of directors are considered experienced (6.8 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 employee growth, exchange listings and data sources
Key Information
- Name: Teck Resources Limited
- Ticker: TECK.B
- Exchange: TSX
- Founded: 1913
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: CA$21.853b
- Shares outstanding: 533.24m
- Website: https://www.teck.com
Number of Employees
Location
- Teck Resources Limited
- Bentall 5
- Suite 3300
- Vancouver
- British Columbia
- V6C 0B3
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 23:25 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.