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 45,966 - -
Change - 34.87% 11.1% 2.39% 7.57% 43.28% - -
Enterprise Value (EV) 1 26,081 32,073 34,918 27,718 35,719 47,983 46,166 44,418
Change - 22.97% 8.87% -20.62% 28.86% 34.34% -3.79% -3.79%
P/E 6.86x 6.71x 12.1x 74.7x 23.2x 15.7x 17.3x 24x
PBR 0.85x 1.03x 1.07x 1.13x 1.28x 1.59x 1.48x 1.41x
PEG - 0.2x -0.3x -0.9x 0x 0x -1.91x -0.9x
Capitalization / Revenue 1.44x 1.41x 1.94x 2.21x 2.98x 3.06x 3.08x 3.57x
EV / Revenue 1.93x 1.72x 2.33x 2.05x 3.32x 3.2x 3.09x 3.45x
EV / EBITDA 3.97x 3.35x 5.48x 5.35x 8.24x 6.3x 6.38x 7.51x
EV / EBIT 5.5x 4.78x 8.5x 16.9x 15.9x 8.35x 8.65x 11x
EV / FCF 1,043x 12.7x -20.6x 179x -61.3x 22.8x 18.1x 19.1x
FCF Yield 0.1% 7.85% -4.86% 0.56% -1.63% 4.38% 5.52% 5.25%
Dividend per Share 2 0.2 1 1 1 0.5 0.5398 0.5578 0.504
Rate of return 0.55% 1.95% 1.79% 1.72% 0.76% 0.58% 0.6% 0.54%
EPS 2 5.31 7.63 4.64 0.78 2.83 5.958 5.419 3.908
Distribution rate 3.77% 13.1% 21.6% 128% 17.7% 9.06% 10.3% 12.9%
Net sales 1 13,481 18,628 15,011 13,505 10,756 15,009 14,924 12,881
EBITDA 1 6,573 9,568 6,367 5,184 4,333 7,619 7,241 5,914
EBIT 1 4,742 6,715 4,106 1,636 2,248 5,746 5,339 4,026
Net income 1 2,868 4,089 2,435 406 1,401 2,925 2,662 1,922
Net Debt 1 6,641 5,855 5,790 -2,105 3,637 2,017 199.7 -1,548
Reference price 2 36.43 51.17 56.01 58.28 65.71 93.70 93.70 93.70
Nbr of stocks (in thousands) 533,239 512,248 520,061 511,716 488,224 490,560 - -
Announcement Date 2/23/22 2/21/23 2/22/24 2/20/25 2/19/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.47x3.89x7.05x3.58% 215B
11.05x2.75x5.99x5.32% 160B
14.77x4.24x7x3.22% 97.7B
11.64x0.37x5.97x3.53% 85.53B
25.37x6.24x16.25x-.--% 62.7B
55.1x3.12x7.66x2.32% 56.49B
15.44x3.14x6.19x0.59% 31.78B
12.21x3.88x5.98x5.09% 26.51B
12.65x4.56x8.01x3.93% 24.88B
Average 19.41x 3.58x 7.79x 3.07% 84.48B
Weighted average by Cap. 17.85x 3.43x 7.46x 3.45%

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