Company Valuation: Teck Resources Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 19,440 26,218 29,128 29,823 32,082 37,808 - -
Change - 34.87% 11.1% 2.39% 7.57% 17.85% - -
Enterprise Value (EV) 1 26,081 32,073 34,918 27,718 35,719 39,809 38,391 36,809
Change - 22.97% 8.87% -20.62% 28.86% 11.45% -3.56% -4.12%
P/E 6.86x 6.71x 12.1x 74.7x 23.2x 14.4x 14.3x 17.6x
PBR 0.85x 1.03x 1.07x 1.13x 1.28x 1.35x 1.25x 1.19x
PEG - 0.2x -0.3x -0.9x 0x 0.2x 28.79x -0.9x
Capitalization / Revenue 1.44x 1.41x 1.94x 2.21x 2.98x 2.6x 2.58x 2.97x
EV / Revenue 1.93x 1.72x 2.33x 2.05x 3.32x 2.73x 2.62x 2.89x
EV / EBITDA 3.97x 3.35x 5.48x 5.35x 8.24x 5.66x 5.51x 5.96x
EV / EBIT 5.5x 4.78x 8.5x 16.9x 15.9x 7.8x 7.63x 9.31x
EV / FCF 1,043x 12.7x -20.6x 179x -61.3x 24.4x 16.4x 17.1x
FCF Yield 0.1% 7.85% -4.86% 0.56% -1.63% 4.1% 6.08% 5.84%
Dividend per Share 2 0.2 1 1 1 0.5 0.5428 0.5033 0.504
Rate of return 0.55% 1.95% 1.79% 1.72% 0.76% 0.7% 0.65% 0.65%
EPS 2 5.31 7.63 4.64 0.78 2.83 5.374 5.401 4.378
Distribution rate 3.77% 13.1% 21.6% 128% 17.7% 10.1% 9.32% 11.5%
Net sales 1 13,481 18,628 15,011 13,505 10,756 14,559 14,635 12,732
EBITDA 1 6,573 9,568 6,367 5,184 4,333 7,038 6,969 6,180
EBIT 1 4,742 6,715 4,106 1,636 2,248 5,106 5,034 3,955
Net income 1 2,868 4,089 2,435 406 1,401 2,559 2,433 1,938
Net Debt 1 6,641 5,855 5,790 -2,105 3,637 2,001 583.7 -999
Reference price 2 36.43 51.17 56.01 58.28 65.71 77.21 77.21 77.21
Nbr of stocks (in thousands) 5,33,239 5,12,248 5,20,061 5,11,716 4,88,224 4,89,600 - -
Announcement Date 23/02/22 21/02/23 22/02/24 20/02/25 19/02/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18x3.7x6.59x3.84% 20TCr
10.85x2.67x5.72x5.4% 16TCr
13.45x3.94x6.55x3.48% 8.91TCr
12.03x0.41x5.79x3.26% 8.14TCr
22.29x6x13.92x-.--% 5.8TCr
25.61x2.72x6.98x1.37% 4.9TCr
10.32x3.52x5.23x5.44% 2.42TCr
12.35x4.35x7.64x4.43% 2.27TCr
16.75x4.22x7.61x0.34% 2.02TCr
Average 15.74x 3.50x 7.34x 3.06% 7.82TCr
Weighted average by Cap. 15.56x 3.27x 6.95x 3.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  3. TECK.B Stock
  4. TECK Stock
  5. Valuation Teck Resources Limited