Financials Teck Resources Limited

Equities

TECK.B

CA8787422044

Diversified Mining

Market Closed - Toronto S.E. 04:15:17 2024-05-01 pm EDT 5-day change 1st Jan Change
66.6 CAD -1.61% Intraday chart for Teck Resources Limited +7.02% +18.91%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,480 12,303 19,440 26,218 29,128 34,580 - -
Enterprise Value (EV) 1 16,288 19,734 26,081 32,073 34,918 30,018 29,706 28,335
P/E ratio 36.9 x -14.3 x 6.86 x 6.71 x 12.1 x 17.8 x 24 x 21.1 x
Yield 0.89% 0.87% 0.55% 1.95% 1.79% 0.77% 1.08% 1.14%
Capitalization / Revenue 1.05 x 1.37 x 1.44 x 1.41 x 1.94 x 2.07 x 3.22 x 3.28 x
EV / Revenue 1.36 x 2.21 x 1.93 x 1.72 x 2.33 x 1.8 x 2.77 x 2.69 x
EV / EBITDA 3.83 x 7.68 x 3.97 x 3.35 x 5.48 x 4.15 x 6.42 x 6.28 x
EV / FCF 1,018 x -9.56 x 1,043 x 12.7 x -20.6 x -583 x 28.7 x 18.1 x
FCF Yield 0.1% -10.5% 0.1% 7.85% -4.86% -0.17% 3.49% 5.53%
Price to Book 0.55 x 0.61 x 0.85 x 1.03 x 1.07 x 1.21 x 1.22 x 1.13 x
Nbr of stocks (in thousands) 554,120 531,102 533,239 512,248 520,061 519,334 - -
Reference price 2 22.52 23.10 36.43 51.17 56.01 66.60 66.60 66.60
Announcement Date 2/20/20 2/18/21 2/23/22 2/21/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,934 8,948 13,481 18,628 15,011 16,681 10,731 10,546
EBITDA 1 4,253 2,570 6,573 9,568 6,367 7,226 4,630 4,514
EBIT 1 979 -910 4,742 6,715 4,106 5,053 3,404 3,472
Operating Margin 8.2% -10.17% 35.18% 36.05% 27.35% 30.29% 31.72% 32.92%
Earnings before Tax (EBT) 1 661 -1,136 4,532 6,565 3,944 4,600 3,104 3,130
Net income 1 339 -864 2,868 4,089 2,435 1,793 1,504 1,647
Net margin 2.84% -9.66% 21.27% 21.95% 16.22% 10.75% 14.02% 15.62%
EPS 2 0.6100 -1.620 5.310 7.630 4.640 3.743 2.770 3.154
Free Cash Flow 1 16 -2,065 25 2,518 -1,698 -51.5 1,035 1,567
FCF margin 0.13% -23.08% 0.19% 13.52% -11.31% -0.31% 9.65% 14.86%
FCF Conversion (EBITDA) 0.38% - 0.38% 26.32% - - 22.36% 34.71%
FCF Conversion (Net income) 4.72% - 0.87% 61.58% - - 68.82% 95.14%
Dividend per Share 2 0.2000 0.2000 0.2000 1.000 1.000 0.5157 0.7217 0.7620
Announcement Date 2/20/20 2/18/21 2/23/22 2/21/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 4,406 5,032 5,787 4,669 3,140 3,785 3,519 3,599 4,108 3,988 4,053 4,767 4,666 2,555 2,473
EBITDA 1 2,521 3,044 3,290 1,901 1,333 1,972 1,479 1,213 1,703 1,693 1,675 2,002 2,006 1,111 1,060
EBIT 1 2,261 2,499 2,709 1,408 617 1,855 1,055 561 748 993 1,207 1,489 1,425 772 743
Operating Margin 51.32% 49.66% 46.81% 30.16% 19.65% 49.01% 29.98% 15.59% 18.21% 24.9% 29.78% 31.23% 30.54% 30.21% 30.05%
Earnings before Tax (EBT) 1 2,208 2,450 2,663 -76 594 1,856 805 589 694 741 962.8 1,131 1,274 798.1 773.8
Net income 1 1,487 1,571 1,675 -195 247 1,140 510 276 483 343 421.9 507.6 711.5 336.1 323.6
Net margin 33.75% 31.22% 28.94% -4.18% 7.87% 30.12% 14.49% 7.67% 11.76% 8.6% 10.41% 10.65% 15.25% 13.15% 13.09%
EPS 2 2.740 2.870 3.070 -0.3700 0.4700 2.180 0.9700 0.5200 0.9200 0.6500 0.9048 1.146 0.9045 0.4617 0.6862
Dividend per Share 2 0.1000 0.1250 0.1250 0.1250 0.6250 0.1250 0.1250 0.1250 0.1250 - 0.1250 0.1250 0.1250 0.1250 0.1250
Announcement Date 2/23/22 4/27/22 7/27/22 10/27/22 2/21/23 4/26/23 7/27/23 10/24/23 2/22/24 4/24/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,808 7,431 6,641 5,855 5,790 - - -
Net Cash position 1 - - - - - 4,562 4,875 6,245
Leverage (Debt/EBITDA) 0.8954 x 2.891 x 1.01 x 0.6119 x 0.9094 x - - -
Free Cash Flow 1 16 -2,065 25 2,518 -1,698 -51.5 1,035 1,567
ROE (net income / shareholders' equity) 6.88% 2.71% 14.2% 16.9% 9.28% 8.33% 4.76% 5.64%
ROA (Net income/ Total Assets) 3.87% 1.39% 6.9% 8.2% 4.99% 2.9% 2.73% 2.9%
Assets 1 8,749 -62,087 41,583 49,863 48,827 61,824 55,061 56,793
Book Value Per Share 2 40.70 37.70 43.10 49.60 52.20 54.90 54.80 58.80
Cash Flow per Share 2 6.160 2.920 8.770 14.90 7.770 7.560 6.930 7.780
Capex 1 3,468 3,628 4,713 5,465 5,782 3,640 1,741 2,639
Capex / Sales 29.06% 40.55% 34.96% 29.34% 38.52% 21.82% 16.22% 25.02%
Announcement Date 2/20/20 2/18/21 2/23/22 2/21/23 2/22/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
66.6 CAD
Average target price
70.11 CAD
Spread / Average Target
+5.26%
Consensus
  1. Stock Market
  2. Equities
  3. TECK.B Stock
  4. Financials Teck Resources Limited