Of note is the ratio of Teck Resources Ltd's sales and general administrative expense to its total operating expenses; only 3.36% of US stocks have a lower such ratio.
With a year-over-year growth in debt of -50.01%, Teck Resources Ltd's debt growth rate surpasses just 6.36% of about US stocks.
Teck Resources Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 19.97%, greater than the shareholder yield of 90.29% of stocks in our set.
Stocks that are quantitatively similar to TECK, based on their financial statements, market capitalization, and price volatility, are SJR, GL, CVE, MRO, and CNA.
TECK's SEC filings can be seen here. And to visit Teck Resources Ltd's official web site, go to www.teck.com.
Teck Resources Ltd Ordinary Shares (TECK) Company Bio
Teck Resources develops, and produces copper, including copper concentrates and cathode copper, steelmaking coal, and refined zinc and zinc concentrates in the Americas, the Asia Pacific, Europe, and Africa. The company was founded in 1913 and is based in Vancouver, Canada.
TECK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for TECK, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Teck Resources Ltd ranked in the 42th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 32%. In terms of the factors that were most noteworthy in this DCF analysis for TECK, they are:
The company has produced more trailing twelve month cash flow than 78.78% of its sector Basic Materials.
Teck Resources Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Teck Resources Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.82. This coverage rate is greater than that of only 21.38% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Teck Resources Ltd? See ARLP, NRP, NUE, CCF, and NP.
VANCOUVER, British Columbia, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has been recognized as one of the 2021 Global 100 Most Sustainable Corporations by Corporate Knights. “Teck’s inclusion in the 2021 Global 100 list demonstrates the company’s focus on connecting environmental and social responsibility with strong business performance,” said Toby Heaps, CEO of Corporate Knights. “Teck has embedded sustainability throughout its business strategy, and serves as a strong example of a responsible mining company leading the pivot to a low-carbon economy.” “This recognition is driven by our employees whose commitment to sustainability is directly responsible for Teck being named to the Global 100 for the third consecutive year,” s...
Alexander Creek Alexander Creek parcel Flathead Townsite Flathead Townsite parcel Grave Prairie Grave Prairie parcelCRANBROOK, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) -- The Ktunaxa Nation and Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") today announced the signing of a Joint Management Agreement for more than 7,000 hectares of land purchased by Teck in 2013 for conservation. The lands are located in ʔamakʔis Ktunaxa and in the region of Teck’s steelmaking coal operations in southeast British Columbia.Under the Agreement, the Ktunaxa Nation and Teck agree to jointly manage the land for conservation purposes protecting significant fish and wildlife habitat. The Agreement will also support the Ktunaxa Nation Stewardship Principles, and Teck’s goal to achie...
Talks to avert the shutdown of a key coal export terminal on Canada's West Coast continued Thursday after a union notice said strike action against terminal owner Westshore Terminals Investment Corp could commence on Saturday. Westshore said Wednesday its Westshore Terminals Limited Partnership received a 72-hour strike notice from ILWU Local 502, which represents workers at its coal export terminal at Roberts Bank, British Columbia.
Teck Resources (NYSE: TECK) shares experienced unusual options activity on Tuesday. The stock price moved down to $17.92 following the option alert. * Sentiment: BULLISH * Option Type: TRADE * Trade Type: PUT * Expiration Date: 2022-01-21 * Strike Price: $8.00 * Volume: 0 * Open Interest: 11559Three Indications Of Unusual Options Activity Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. The number of contracts that have been traded, but not yet closed by either counterparty, is called open interest. A contract cannot be considered closed until there exists both a buyer and seller for it.The trading...
Canada's Teck Resources looks to boost shipments of steelmaking coal to China next year, Chief Executive Don Lindsay said on Tuesday, hoping to take advantage of unofficial curbs on Australian imports that have stranded dozens of shipments. China has unofficially banned Australian coal imports since October amid souring relations between the two countries, and in turn, increased imports from Mongolia and Russia. With somewhere between 75 and 80 cargoes of Australian coal waiting to discharge at Chinese ports, the restrictions have hit prices for Australian coking coal while driving prices higher for their Chinese equivalent, Lindsay said.