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 38,953 - -
Change - 34.87% 11.1% 2.39% 7.57% 21.42% - -
Enterprise Value (EV) 1 26,081 32,073 34,918 27,718 35,719 41,996 40,733 39,100
Change - 22.97% 8.87% -20.62% 28.86% 17.57% -3.01% -4.01%
P/E 6.86x 6.71x 12.1x 74.7x 23.2x 14.9x 15.5x 19.5x
PBR 0.85x 1.03x 1.07x 1.13x 1.28x 1.39x 1.29x 1.23x
PEG - 0.2x -0.3x -0.9x 0x 0.2x -3.62x -1x
Capitalization / Revenue 1.44x 1.41x 1.94x 2.21x 2.98x 2.69x 2.69x 3.12x
EV / Revenue 1.93x 1.72x 2.33x 2.05x 3.32x 2.9x 2.81x 3.13x
EV / EBITDA 3.97x 3.35x 5.48x 5.35x 8.24x 6.1x 6.08x 6.91x
EV / EBIT 5.5x 4.78x 8.5x 16.9x 15.9x 8.29x 8.31x 9.97x
EV / FCF 1,043x 12.7x -20.6x 179x -61.3x 26.9x 19.1x 18.7x
FCF Yield 0.1% 7.85% -4.86% 0.56% -1.63% 3.72% 5.24% 5.36%
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% 0.68% 0.63% 0.63%
EPS 2 5.31 7.63 4.64 0.78 2.83 5.352 5.123 4.086
Distribution rate 3.77% 13.1% 21.6% 128% 17.7% 10.1% 9.83% 12.3%
Net sales 1 13,481 18,628 15,011 13,505 10,756 14,505 14,471 12,484
EBITDA 1 6,573 9,568 6,367 5,184 4,333 6,881 6,705 5,662
EBIT 1 4,742 6,715 4,106 1,636 2,248 5,064 4,902 3,921
Net income 1 2,868 4,089 2,435 406 1,401 2,649 2,485 2,008
Net Debt 1 6,641 5,855 5,790 -2,105 3,637 3,043 1,780 147.5
Reference price 2 36.43 51.17 56.01 58.28 65.71 79.55 79.55 79.55
Nbr of stocks (in thousands) 533,239 512,248 520,061 511,716 488,224 489,600 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.42x3.77x6.74x3.72% 202B
11.05x2.69x5.82x5.34% 151B
13.23x3.85x6.47x3.83% 86.76B
11.92x0.4x5.56x3.14% 76.82B
20.87x6.09x13.87x0.05% 60.37B
26.55x2.86x7.3x2.08% 48.41B
10.76x3.77x5.56x5.05% 25.31B
12.82x4.55x7.97x4.48% 23.4B
17.53x4.18x7.62x0.33% 19.41B
Average 15.79x 3.57x 7.43x 3.11% 77.04B
Weighted average by Cap. 15.44x 3.35x 7.06x 3.57%

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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  5. Valuation Teck Resources Limited