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 38,402 - -
Change - 34.87% 11.1% 2.39% 7.57% 19.7% - -
Enterprise Value (EV) 1 26,081 32,073 34,918 27,718 35,719 40,403 38,985 37,403
Change - 22.97% 8.87% -20.62% 28.86% 13.11% -3.51% -4.06%
P/E 6.86x 6.71x 12.1x 74.7x 23.2x 14.6x 14.5x 17.9x
PBR 0.85x 1.03x 1.07x 1.13x 1.28x 1.38x 1.27x 1.21x
PEG - 0.2x -0.3x -0.9x 0x 0.2x 29.2x -0.9x
Capitalization / Revenue 1.44x 1.41x 1.94x 2.21x 2.98x 2.64x 2.62x 3.02x
EV / Revenue 1.93x 1.72x 2.33x 2.05x 3.32x 2.78x 2.66x 2.94x
EV / EBITDA 3.97x 3.35x 5.48x 5.35x 8.24x 5.74x 5.59x 6.05x
EV / EBIT 5.5x 4.78x 8.5x 16.9x 15.9x 7.91x 7.75x 9.46x
EV / FCF 1,043x 12.7x -20.6x 179x -61.3x 24.8x 16.7x 17.4x
FCF Yield 0.1% 7.85% -4.86% 0.56% -1.63% 4.04% 5.99% 5.75%
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% 0.69% 0.64% 0.64%
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 78.42 78.42 78.42
Nbr of stocks (in thousands) 533,239 512,248 520,061 511,716 488,224 489,600 - -
Announcement Date 2/23/22 A 2/21/23 A 2/22/24 A 2/20/25 A 2/19/26 A - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.53x3.8x6.77x3.75% 210B
10.89x2.7x5.77x5.38% 157B
13.42x3.93x6.53x3.48% 88.95B
12.05x0.41x5.8x3.25% 81.61B
22.29x6x13.92x-.--% 58.04B
26.31x2.78x7.14x1.34% 50.34B
10.4x3.54x5.27x5.4% 24.39B
12.44x4.39x7.7x4.4% 22.89B
16.94x4.27x7.69x0.33% 20.43B
Average 15.92x 3.53x 7.40x 3.04% 79.32B
Weighted average by Cap. 15.81x 3.32x 7.02x 3.52%

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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