Teck Resources Limited

DB:TEKB Stock Report

Market Cap: €21.9b

Teck Resources Valuation

Is TEKB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of TEKB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: TEKB (€43.91) is trading above our estimate of future cash flow value (€42.44)

Significantly Below Future Cash Flow Value: TEKB is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TEKB?

Key metric: As TEKB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TEKB. This is calculated by dividing TEKB's market cap by their current earnings.
What is TEKB's PE Ratio?
PE Ratio28.6x
EarningsCA$1.24b
Market CapCA$35.47b

Price to Earnings Ratio vs Peers

How does TEKB's PE Ratio compare to its peers?

The above table shows the PE ratio for TEKB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.4x
TKA thyssenkrupp
15.1x20.91%€7.0b
BAS BASF
131.6x24.04%€40.7b
NDA Aurubis
12.3x-4.65%€6.6b
HEI Heidelberg Materials
22.5x10.58%€41.8b
TEKB Teck Resources
28.6x4.71%€35.5b

Price-To-Earnings vs Peers: TEKB is good value based on its Price-To-Earnings Ratio (28.6x) compared to the peer average (45.4x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does TEKB's PE Ratio compare vs other companies in the European Metals and Mining Industry?

18 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TEKB 28.6xIndustry Avg. 19.2xNo. of Companies18PE01020304050+
18 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TEKB is expensive based on its Price-To-Earnings Ratio (28.6x) compared to the European Metals and Mining industry average (19.2x).

Price to Earnings Ratio vs Fair Ratio

What is TEKB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TEKB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.6x
Fair PE Ratio20.9x

Price-To-Earnings vs Fair Ratio: TEKB is expensive based on its Price-To-Earnings Ratio (28.6x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TEKB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€43.91
€42.39
-3.46%
14.29%€52.47€29.63n/a17
Jan ’27€40.19
€39.27
-2.30%
13.76%€49.72€27.35n/a17
Dec ’26€36.34
€38.44
+5.77%
14.38%€49.22€27.07n/a17
Nov ’26€37.41
€38.91
+4.02%
14.18%€49.46€27.20n/a18
Oct ’26€36.84
€36.77
-0.18%
11.91%€45.37€27.59n/a19
Sep ’26€29.31
€35.63
+21.56%
9.53%€41.96€29.00n/a22
Aug ’26€28.14
€36.87
+31.02%
10.16%€43.65€29.73n/a22
Jul ’26€33.98
€39.84
+17.25%
12.68%€50.97€31.08n/a22
Jun ’26€32.93
€41.50
+26.02%
13.46%€52.49€30.09n/a22
May ’26€30.12
€41.53
+37.89%
13.54%€52.46€30.07n/a22
Apr ’26€33.28
€45.50
+36.71%
14.89%€58.30€27.86n/a20
Mar ’26€38.47
€46.95
+22.04%
14.63%€57.99€28.66n/a20
Feb ’26€40.00
€47.29
+18.22%
15.11%€57.72€28.53n/a20
Jan ’26€38.76
€49.59
+27.95%
15.26%€59.35€30.22€40.1920
Dec ’25€44.32
€50.39
+13.71%
14.90%€59.29€30.67€36.3421
Nov ’25€42.60
€49.16
+15.39%
14.98%€58.57€29.95€37.4121
Oct ’25€47.40
€49.31
+4.02%
15.97%€58.92€30.13€36.8421
Sep ’25€42.35
€48.70
+15.00%
15.81%€58.22€29.77€29.3121
Aug ’25€44.91
€49.70
+10.67%
15.59%€58.69€30.01€28.1421
Jul ’25€44.76
€50.44
+12.69%
17.05%€62.78€30.71€33.9817
Jun ’25€47.16
€49.33
+4.60%
16.82%€62.09€30.37€32.9318
May ’25€47.13
€48.04
+1.92%
15.58%€60.07€30.72€30.1218
Apr ’25€42.38
€42.83
+1.07%
14.15%€53.09€30.63€33.2818
Mar ’25€35.44
€42.14
+18.91%
13.13%€53.09€30.63€38.4718
Feb ’25€36.73
€42.21
+14.91%
12.84%€53.60€30.92€40.0018
Jan ’25€38.88
€42.80
+10.09%
11.02%€47.86€31.79€38.7616
€41.51
Fair Value
5.8% overvalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/25 03:32
End of Day Share Price 2026/01/23 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Teck Resources Limited is covered by 47 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Farooq HamedBarclays
Mark LevinBenchmark Company