TECK RESOURCES LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 67.83 CAD | +2.74% |
|
-4.18% | +21.10% |
| May. 24 | Risk of Sharp Copper Price Correction "Very High," Macquarie Says | MT |
| May. 21 | Peru's 2024 copper target is realistic, mining magnates say | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 12,480 | 12,303 | 19,440 | 26,218 | 29,128 | 35,211 | - | - |
| Enterprise Value (EV) 1 | 16,288 | 19,734 | 26,081 | 32,073 | 34,918 | 30,526 | 31,427 | 30,848 |
| P/E ratio | 36.9 x | -14.3 x | 6.86 x | 6.71 x | 12.1 x | 18.6 x | 21.9 x | 20.9 x |
| Yield | 0.89% | 0.87% | 0.55% | 1.95% | 1.79% | 0.76% | 1.06% | 1.12% |
| Capitalization / Revenue | 1.05 x | 1.37 x | 1.44 x | 1.41 x | 1.94 x | 2.11 x | 3.2 x | 3.23 x |
| EV / Revenue | 1.36 x | 2.21 x | 1.93 x | 1.72 x | 2.33 x | 1.83 x | 2.86 x | 2.83 x |
| EV / EBITDA | 3.83 x | 7.68 x | 3.97 x | 3.35 x | 5.48 x | 4.19 x | 6.43 x | 6.21 x |
| EV / FCF | 1,018 x | -9.56 x | 1,043 x | 12.7 x | -20.6 x | 159 x | 30.8 x | 26.6 x |
| FCF Yield | 0.1% | -10.5% | 0.1% | 7.85% | -4.86% | 0.63% | 3.25% | 3.76% |
| Price to Book | 0.55 x | 0.61 x | 0.85 x | 1.03 x | 1.07 x | 1.31 x | 1.26 x | 1.18 x |
| Nbr of stocks (in thousands) | 554,120 | 531,102 | 533,239 | 512,248 | 520,061 | 519,090 | - | - |
| Reference price 2 | 22.52 | 23.10 | 36.43 | 51.17 | 56.01 | 67.83 | 67.83 | 67.83 |
| 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 | 16,720 | 10,987 | 10,889 |
| EBITDA 1 | 4,253 | 2,570 | 6,573 | 9,568 | 6,367 | 7,279 | 4,888 | 4,964 |
| EBIT 1 | 979 | -910 | 4,742 | 6,715 | 4,106 | 5,130 | 3,575 | 3,812 |
| Operating Margin | 8.2% | -10.17% | 35.18% | 36.05% | 27.35% | 30.68% | 32.54% | 35.01% |
| Earnings before Tax (EBT) 1 | 661 | -1,136 | 4,532 | 6,565 | 3,944 | 4,283 | 3,332 | 3,539 |
| Net income 1 | 339 | -864 | 2,868 | 4,089 | 2,435 | 1,991 | 1,653 | 1,704 |
| Net margin | 2.84% | -9.66% | 21.27% | 21.95% | 16.22% | 11.91% | 15.05% | 15.65% |
| EPS 2 | 0.6100 | -1.620 | 5.310 | 7.630 | 4.640 | 3.651 | 3.103 | 3.244 |
| Free Cash Flow 1 | 16 | -2,065 | 25 | 2,518 | -1,698 | 191.5 | 1,021 | 1,161 |
| FCF margin | 0.13% | -23.08% | 0.19% | 13.52% | -11.31% | 1.15% | 9.3% | 10.66% |
| FCF Conversion (EBITDA) | 0.38% | - | 0.38% | 26.32% | - | 2.63% | 20.9% | 23.39% |
| FCF Conversion (Net income) | 4.72% | - | 0.87% | 61.58% | - | 9.62% | 61.78% | 68.14% |
| 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 | 4,030 | 4,769 | 4,686 | 2,757 | 2,736 |
| EBITDA 1 | 2,521 | 3,044 | 3,290 | 1,901 | 1,333 | 1,972 | 1,479 | 1,213 | 1,703 | 1,693 | 1,619 | 1,907 | 2,110 | 1,050 | 1,014 |
| EBIT 1 | 2,261 | 2,499 | 2,709 | 1,408 | 617 | 1,855 | 1,055 | 561 | 748 | 993 | 1,037 | 1,376 | 1,544 | 743.5 | 787.5 |
| Operating Margin | 51.32% | 49.66% | 46.81% | 30.16% | 19.65% | 49.01% | 29.98% | 15.59% | 18.21% | 24.9% | 25.74% | 28.85% | 32.94% | 26.97% | 28.79% |
| Earnings before Tax (EBT) 1 | 2,208 | 2,450 | 2,663 | -76 | 594 | 1,856 | 805 | 589 | 694 | 741 | 877.7 | 1,096 | 1,357 | 814.5 | 828.3 |
| Net income 1 | 1,487 | 1,571 | 1,675 | -195 | 247 | 1,140 | 510 | 276 | 483 | 343 | 466.5 | 544.1 | 711.5 | 420.5 | 407.2 |
| Net margin | 33.75% | 31.22% | 28.94% | -4.18% | 7.87% | 30.12% | 14.49% | 7.67% | 11.76% | 8.6% | 11.58% | 11.41% | 15.18% | 15.26% | 14.88% |
| EPS 2 | 2.740 | 2.870 | 3.070 | -0.3700 | 0.4700 | 2.180 | 0.9700 | 0.5200 | 0.9200 | 0.6500 | 0.7988 | 1.080 | 1.208 | 0.7407 | 0.7195 |
| 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 | - | - | - | - | - | 4,685 | 3,784 | 4,363 |
| 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 | 192 | 1,021 | 1,161 |
| ROE (net income / shareholders' equity) | 6.88% | 2.71% | 14.2% | 16.9% | 9.28% | 7.19% | 5.58% | 6.32% |
| ROA (Net income/ Total Assets) | 3.87% | 1.39% | 6.9% | 8.2% | 4.99% | 3.13% | 3.01% | 2.9% |
| Assets 1 | 8,749 | -62,087 | 41,583 | 49,863 | 48,827 | 63,583 | 54,872 | 58,770 |
| Book Value Per Share 2 | 40.70 | 37.70 | 43.10 | 49.60 | 52.20 | 51.80 | 54.00 | 57.40 |
| Cash Flow per Share 2 | 6.160 | 2.920 | 8.770 | 14.90 | 7.770 | 7.860 | 7.430 | 8.440 |
| Capex 1 | 3,468 | 3,628 | 4,713 | 5,465 | 5,782 | 3,766 | 1,837 | 2,944 |
| Capex / Sales | 29.06% | 40.55% | 34.96% | 29.34% | 38.52% | 22.52% | 16.72% | 27.04% |
| 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-
Sell
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
67.83
CAD
Average target price
73.1
CAD
Spread / Average Target
+7.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +21.10% | 25.68B | |
| -12.62% | 148B | |
| -9.09% | 116B | |
| -0.43% | 72.94B | |
| -9.58% | 43.19B | |
| +3.96% | 43.51B | |
| +20.50% | 36.77B | |
| +117.34% | 34.33B | |
| +76.21% | 19.62B | |
| +44.28% | 17.11B |
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- TECK.B Stock
- Financials Teck Resources Limited
