Of note is the ratio of Teck Resources Ltd's sales and general administrative expense to its total operating expenses; just 2.89% 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 5.17% 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 37.4%, greater than the shareholder yield of 92.87% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Teck Resources Ltd are DVN, MRO, SJR, WPX, and RRC.
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:
We started the process of determining a valid price forecast for Teck Resources Ltd with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Teck Resources Ltd ranked in the 31th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Teck Resources Ltd, consider:
The compound growth rate in the free cash flow of Teck Resources Ltd over the past 4.98 years is -0.02%; that's higher than only 24.73% of free cash flow generating stocks in the Basic Materials sector.
Teck Resources Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 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 19.6% 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 AFI, IFF, CPAC, BCPC, and AUY.
Teck Resources ([[TECK]] +3.1%) secures new $1B revolving credit facility to strengthen its liquidity as it trends to complete QB2 and the Neptune expansion project.This unsecured two-year facility comes in addition to the existing $4B credit facility and $2.5B project financing facility for QB2.Further, the company intends to use the net proceeds of...
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today the signing of a new US$1 billion unsecured two-year revolving credit facility, the closing of its previously announced US$550 million offering of ten-year notes and the results of the previously announced cash tender offers for its US$539 million of outstanding notes maturing in 2021, 2022 and 2023. “Together with our US$4 billion revolving credit facility that matures in Q4 2024 and our US$2.5 billion project financing facility for QB2, this new US$1 billion facility and the extension of near term debt maturities will give Teck significant liquidity as we complete QB2 and the Neptune expansion project.” The terms of the new US$1 billion revolving credit facility are substantially the same as the ter...
Investing in mining companies can be – quite literally – a gold mine. Metals are big business, and one of the mainstays of the industrial world. But that raises an important question: Which metal to invest in?It’s tempting to stick with the old reliables, gold and silver, the original precious metals, among the earliest forms of money, and to this day still considered stable stores of value. All of that is true. But it doesn’t take into account the expense of exploration and mining. It can take a long time for a gold mine to start turning a profit.There are other metals, however, not as rare as gold, or as high priced, but in some ways more valuable in the economy. Copper is typical of that lot. It has uses in jewelry and currency, or course; even today, a lot of our small change is min...