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Teck Resources TSX:TECK.B Stock Report

Last Price

CA$64.77

Market Cap

CA$33.1b

7D

-0.6%

1Y

30.1%

Updated

03 Dec, 2024

Data

Company Financials +

Teck Resources Limited

TSX:TECK.B Stock Report

Market Cap: CA$33.1b

TECK.B Stock Overview

Engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. More details

TECK.B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends2/6

Rewards

Trading at 33.7% below our estimate of its fair value

Earnings are forecast to grow 13.2% per year

Earnings grew by 445.3% over the past year

Risk Analysis

Large one-off items impacting financial results


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 21 Analysts

Copper Expansion Paves The Way For Future Growth Amid Operational Challenges

Key Takeaways Transition to focus on energy transition metals and increased Copper production aims to drive future revenue growth and improve earnings. Strategic actions, including asset sales and cost management, are expected to enhance margins and cash flow, positively impacting financial performance.
View narrative
CA$73.94
FV
12.3% undervalued intrinsic discount
-10.66%
Revenue growth p.a.
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6 days ago author updated this narrative

Teck Resources Limited Competitors

Ivanhoe Mines

TSX:IVN

CA$25.0b

Hudbay Minerals

TSX:HBM

CA$4.8b

Alphamin Resources

TSXV:AFM

CA$1.5b

Altius Minerals

TSX:ALS

CA$1.2b

Price History & Performance

Summary of all time highs, changes and price drops for Teck Resources
Historical stock prices
Current Share PriceCA$64.77
52 Week HighCA$74.37
52 Week LowCA$49.30
Beta1.34
11 Month Change-0.71%
3 Month Change6.34%
1 Year Change30.14%
33 Year Change84.64%
5 Year Change210.50%
Change since IPO13,271.87%

Recent News & Updates

Recent updates

Calculating The Intrinsic Value Of Teck Resources Limited (TSE:TECK.B)

Aug 31
Calculating The Intrinsic Value Of Teck Resources Limited (TSE:TECK.B)

Analysts Just Slashed Their Teck Resources Limited (TSE:TECK.B) EPS Numbers

Jul 11
Analysts Just Slashed Their Teck Resources Limited (TSE:TECK.B) EPS Numbers

Calculating The Fair Value Of Teck Resources Limited (TSE:TECK.B)

Jun 01
Calculating The Fair Value Of Teck Resources Limited (TSE:TECK.B)

Be Wary Of Teck Resources (TSE:TECK.B) And Its Returns On Capital

May 14
Be Wary Of Teck Resources (TSE:TECK.B) And Its Returns On Capital

What Teck Resources Limited's (TSE:TECK.B) P/E Is Not Telling You

Apr 11
What Teck Resources Limited's (TSE:TECK.B) P/E Is Not Telling You

Teck Resources (TSE:TECK.B) Has A Somewhat Strained Balance Sheet

Feb 12
Teck Resources (TSE:TECK.B) Has A Somewhat Strained Balance Sheet

Teck Resources Limited (TSE:TECK.B) Shares Could Be 23% Below Their Intrinsic Value Estimate

Jan 22
Teck Resources Limited (TSE:TECK.B) Shares Could Be 23% Below Their Intrinsic Value Estimate

Earnings Not Telling The Story For Teck Resources Limited (TSE:TECK.B)

Jan 04
Earnings Not Telling The Story For Teck Resources Limited (TSE:TECK.B)

There Are Reasons To Feel Uneasy About Teck Resources' (TSE:TECK.B) Returns On Capital

Dec 17
There Are Reasons To Feel Uneasy About Teck Resources' (TSE:TECK.B) Returns On Capital

Teck Resources (TSE:TECK.B) Takes On Some Risk With Its Use Of Debt

Oct 17
Teck Resources (TSE:TECK.B) Takes On Some Risk With Its Use Of Debt

Teck Resources (TSE:TECK.B) Is Reinvesting At Lower Rates Of Return

Sep 14
Teck Resources (TSE:TECK.B) Is Reinvesting At Lower Rates Of Return

Calculating The Fair Value Of Teck Resources Limited (TSE:TECK.B)

Aug 14
Calculating The Fair Value Of Teck Resources Limited (TSE:TECK.B)

Does Teck Resources (TSE:TECK.B) Have A Healthy Balance Sheet?

Jul 03
Does Teck Resources (TSE:TECK.B) Have A Healthy Balance Sheet?

Here's What To Make Of Teck Resources' (TSE:TECK.B) Decelerating Rates Of Return

Jun 05
Here's What To Make Of Teck Resources' (TSE:TECK.B) Decelerating Rates Of Return

Shareholder Returns

TECK.BCA Metals and MiningCA Market
7D-0.6%0.7%0.8%
1Y30.1%25.8%22.3%

Return vs Industry: TECK.B exceeded the Canadian Metals and Mining industry which returned 25.8% over the past year.

Return vs Market: TECK.B exceeded the Canadian Market which returned 22.3% over the past year.

Price Volatility

Is TECK.B's price volatile compared to industry and market?
TECK.B volatility
TECK.B Average Weekly Movement4.6%
Metals and Mining Industry Average Movement10.4%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.0%

Stable Share Price: TECK.B has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TECK.B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191312,600Jonathan Pricewww.teck.com

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.

Teck Resources Limited Fundamentals Summary

How do Teck Resources's earnings and revenue compare to its market cap?
TECK.B fundamental statistics
Market capCA$33.14b
Earnings (TTM)CA$1.27b
Revenue (TTM)CA$16.66b

26.2x

P/E Ratio

2.0x

P/S Ratio

Is TECK.B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TECK.B income statement (TTM)
RevenueCA$16.66b
Cost of RevenueCA$11.41b
Gross ProfitCA$5.25b
Other ExpensesCA$3.98b
EarningsCA$1.27b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)2.47
Gross Margin31.51%
Net Profit Margin7.59%
Debt/Equity Ratio32.8%

How did TECK.B perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

20%

Payout Ratio

Does TECK.B pay a reliable dividends?

See TECK.B dividend history and benchmarks
When do you need to buy TECK.B by to receive an upcoming dividend?
Teck Resources dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend9 days
Days until Dividend pay date27 days

Does TECK.B pay a reliable dividends?

See TECK.B dividend history and benchmarks