Teck Resources Ltd Class B

Company Profile

Teck Resources Ltd Class B had its IPO on 2002-07-18 under the ticker symbol TECK.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Teck Resources Ltd Class B has a staff strength of 12,100 employees.

Stock update

Shares of Teck Resources Ltd Class B opened at $42.09 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $41.93 - $42.49, and closed at $41.96.

This is a -0.19% slip from the previous day's closing price.

A total volume of 2,388,410 shares were traded at the close of the day’s session.

In the last one week, shares of Teck Resources Ltd Class B have slipped by -1.27%.

Teck Resources Ltd Class B's Key Ratios

Teck Resources Ltd Class B has a market cap of $21.77 billion, indicating a price to book ratio of 1.0137 and a price to sales ratio of 0.9438.

In the last 12-months Teck Resources Ltd Class B’s revenue was $14.70 billion with a gross profit of $8.57 billion and an EBITDA of $5.83 billion. The EBITDA ratio measures Teck Resources Ltd Class B's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Teck Resources Ltd Class B’s operating margin was 28.05% while its return on assets stood at 5.02% with a return of equity of 9.8%.

In Q2, Teck Resources Ltd Class B’s quarterly earnings growth was a negative -68.4% while revenue growth was a negative 33.6%.

Teck Resources Ltd Class B’s PE and PEG Ratio

Forward PE

8.8417

Trailing PE

11.1217

PEG

2.02

Its diluted EPS in the last 12-months stands at $3.78 per share while it has a forward price to earnings multiple of 8.8417 and a PEG multiple of 2.02. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Teck Resources Ltd Class B’s profitability.

Teck Resources Ltd Class B stock is trading at a EV to sales ratio of 1.2183 and a EV to EBITDA ratio of 2.6787. Its price to sales ratio in the trailing 12-months stood at 0.9438.

Teck Resources Ltd Class B stock pays annual dividends of $0.5 per share, indicating a yield of 0.94% and a payout ratio of 12.62%.

Balance sheet and cash flow metrics

Total Assets

$53.09 billion

Total Liabilities

$5.13 billion

Operating Cash Flow

$0

Capital Expenditure

$1.50 billion

Dividend Payout Ratio

12.62%

Teck Resources Ltd Class B ended 2024 with $53.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $53.09 billion while shareholder equity stood at $26.42 billion.

Teck Resources Ltd Class B ended 2024 with $0 in deferred long-term liabilities, $5.13 billion in other current liabilities, 6486000000.00 in common stock, $18.97 billion in retained earnings and $1.11 billion in goodwill. Its cash balance stood at $1.77 billion and cash and short-term investments were $1.77 billion. The company’s total short-term debt was $612,000,000 while long-term debt stood at $9.12 billion.

Teck Resources Ltd Class B’s total current assets stands at $6.64 billion while long-term investments were $2.79 billion and short-term investments were $0. Its net receivables were $1.39 billion compared to accounts payable of $3.60 billion and inventory worth $2.95 billion.

In 2024, Teck Resources Ltd Class B's operating cash flow was $0 while its capital expenditure stood at $1.50 billion.

Comparatively, Teck Resources Ltd Class B paid $0.13 in dividends in 2024.

Other key metrics

Current Trading Price

$41.96

52-Week High

$49.2322

52-Week Low

$27.9198

Analyst Target Price

$51.3

Teck Resources Ltd Class B stock is currently trading at $41.96 per share. It touched a 52-week high of $49.2322 and a 52-week low of $49.2322. Analysts tracking the stock have a 12-month average target price of $51.3.

Its 50-day moving average was $41.3 and 200-day moving average was $40.5 The short ratio stood at 3.19 indicating a short percent outstanding of 0%.

Around 104.1% of the company’s stock are held by insiders while 7537.9% are held by institutions.