TECK RESOURCES LTD-CLS B (TECK) Stock Fundamental Analysis
USA - NYSE:TECK - CA8787422044 - Common Stock
43.24 USD
-1.33 (-2.98%)
43.4 USD
+0.16 (+0.37%)
Taking everything into account, TECK scores 3 out of 10 in our fundamental rating. TECK was compared to 156 industry peers in the Metals & Mining industry. TECK has only an average score on both its financial health and profitability. TECK has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year TECK was profitable.
TECK had a positive operating cash flow in the past year.
TECK had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TECK had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TECK (0.64%) is better than 60.90% of its industry peers.
TECK's Return On Equity of 1.13% is fine compared to the rest of the industry. TECK outperforms 60.90% of its industry peers.
TECK has a Return On Invested Capital (2.70%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for TECK is significantly below the industry average of 12.18%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 1.13% | ||
| ROIC | 2.7% |
ROA(3y)3.83%
ROA(5y)3.09%
ROE(3y)7.83%
ROE(5y)6.33%
ROIC(3y)4.78%
ROIC(5y)4.78%
1.3 Margins
With a decent Profit Margin value of 2.77%, TECK is doing good in the industry, outperforming 65.38% of the companies in the same industry.
TECK's Profit Margin has declined in the last couple of years.
TECK has a Operating Margin of 13.79%. This is in the better half of the industry: TECK outperforms 68.59% of its industry peers.
TECK's Operating Margin has declined in the last couple of years.
The Gross Margin of TECK (20.36%) is comparable to the rest of the industry.
TECK's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.79% | ||
| PM (TTM) | 2.77% | ||
| GM | 20.36% |
OM growth 3Y-33.79%
OM growth 5Y-15.75%
PM growth 3Y-41.58%
PM growth 5YN/A
GM growth 3Y-24.29%
GM growth 5Y-8.73%
2. Health
2.1 Basic Checks
TECK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TECK has less shares outstanding
Compared to 5 years ago, TECK has less shares outstanding
Compared to 1 year ago, TECK has a worse debt to assets ratio.
2.2 Solvency
TECK has an Altman-Z score of 2.06. This is not the best score and indicates that TECK is in the grey zone with still only limited risk for bankruptcy at the moment.
TECK's Altman-Z score of 2.06 is on the low side compared to the rest of the industry. TECK is outperformed by 69.87% of its industry peers.
TECK has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.36, TECK is doing worse than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.06 |
ROIC/WACC0.28
WACC9.5%
2.3 Liquidity
TECK has a Current Ratio of 3.47. This indicates that TECK is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of TECK (3.47) is better than 67.95% of its industry peers.
TECK has a Quick Ratio of 2.46. This indicates that TECK is financially healthy and has no problem in meeting its short term obligations.
TECK's Quick ratio of 2.46 is fine compared to the rest of the industry. TECK outperforms 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.47 | ||
| Quick Ratio | 2.46 |
3. Growth
3.1 Past
The earnings per share for TECK have decreased strongly by -45.28% in the last year.
TECK shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.12% yearly.
The Revenue for TECK has decreased by -36.04% in the past year. This is quite bad
The Revenue has been decreasing by -5.35% on average over the past years.
EPS 1Y (TTM)-45.28%
EPS 3Y-22.94%
EPS 5Y-1.12%
EPS Q2Q%-51.9%
Revenue 1Y (TTM)-36.04%
Revenue growth 3Y-10.78%
Revenue growth 5Y-5.35%
Sales Q2Q%-47.77%
3.2 Future
TECK is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.99% yearly.
Based on estimates for the next years, TECK will show a decrease in Revenue. The Revenue will decrease by -4.44% on average per year.
EPS Next Y-21.74%
EPS Next 2Y-1.22%
EPS Next 3Y-2.15%
EPS Next 5Y-4.99%
Revenue Next Year-25.27%
Revenue Next 2Y-8.43%
Revenue Next 3Y-5.25%
Revenue Next 5Y-4.44%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 29.82 indicates a quite expensive valuation of TECK.
69.87% of the companies in the same industry are more expensive than TECK, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.50. TECK is around the same levels.
A Price/Forward Earnings ratio of 23.97 indicates a rather expensive valuation of TECK.
TECK's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of TECK to the average of the S&P500 Index (22.99), we can say TECK is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.82 | ||
| Fwd PE | 23.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TECK indicates a somewhat cheap valuation: TECK is cheaper than 66.03% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.57 |
4.3 Compensation for Growth
TECK's earnings are expected to decrease with -2.15% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.22%
EPS Next 3Y-2.15%
5. Dividend
5.1 Amount
TECK has a yearly dividend return of 0.81%, which is pretty low.
TECK's Dividend Yield is a higher than the industry average which is at 2.41.
Compared to an average S&P500 Dividend Yield of 2.44, TECK's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
5.2 History
The dividend of TECK is nicely growing with an annual growth rate of 38.28%!
TECK has been paying a dividend for at least 10 years, so it has a reliable track record.
TECK has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)38.28%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
184.42% of the earnings are spent on dividend by TECK. This is not a sustainable payout ratio.
The Dividend Rate of TECK has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP184.42%
EPS Next 2Y-1.22%
EPS Next 3Y-2.15%
43.24
-1.33 (-2.98%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners79.29%
Inst Owner Change0.11%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap21.14B
Analysts77.5
Price Target61.45 (42.11%)
Short Float %2.64%
Short Ratio2.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend0.72
Dividend Growth(5Y)38.28%
DP184.42%
Div Incr Years0
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)52.36%
Min EPS beat(2)27.01%
Max EPS beat(2)77.71%
EPS beat(4)4
Avg EPS beat(4)37.43%
Min EPS beat(4)14%
Max EPS beat(4)77.71%
EPS beat(8)6
Avg EPS beat(8)13.87%
EPS beat(12)7
Avg EPS beat(12)7.24%
EPS beat(16)10
Avg EPS beat(16)7.43%
Revenue beat(2)1
Avg Revenue beat(2)-3.11%
Min Revenue beat(2)-11.5%
Max Revenue beat(2)5.29%
Revenue beat(4)2
Avg Revenue beat(4)-1.11%
Min Revenue beat(4)-11.5%
Max Revenue beat(4)5.29%
Revenue beat(8)2
Avg Revenue beat(8)-2.47%
Revenue beat(12)3
Avg Revenue beat(12)-6.3%
Revenue beat(16)5
Avg Revenue beat(16)-5.25%
PT rev (1m)-1.67%
PT rev (3m)-14.79%
EPS NQ rev (1m)-0.54%
EPS NQ rev (3m)-5.37%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)-4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.77%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-3.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.82 | ||
| Fwd PE | 23.97 | ||
| P/S | 2.97 | ||
| P/FCF | N/A | ||
| P/OCF | 29.76 | ||
| P/B | 1.21 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 13.57 |
EPS(TTM)1.45
EY3.35%
EPS(NY)1.8
Fwd EY4.17%
FCF(TTM)-0.31
FCFYN/A
OCF(TTM)1.45
OCFY3.36%
SpS14.54
BVpS35.6
TBVpS34.71
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 1.13% | ||
| ROCE | 3.42% | ||
| ROIC | 2.7% | ||
| ROICexc | 3.06% | ||
| ROICexgc | 3.12% | ||
| OM | 13.79% | ||
| PM (TTM) | 2.77% | ||
| GM | 20.36% | ||
| FCFM | N/A |
ROA(3y)3.83%
ROA(5y)3.09%
ROE(3y)7.83%
ROE(5y)6.33%
ROIC(3y)4.78%
ROIC(5y)4.78%
ROICexc(3y)5.07%
ROICexc(5y)5.01%
ROICexgc(3y)5.24%
ROICexgc(5y)5.18%
ROCE(3y)6.05%
ROCE(5y)6.05%
ROICexcg growth 3Y-37.55%
ROICexcg growth 5Y-20.34%
ROICexc growth 3Y-37.19%
ROICexc growth 5Y-20.05%
OM growth 3Y-33.79%
OM growth 5Y-15.75%
PM growth 3Y-41.58%
PM growth 5YN/A
GM growth 3Y-24.29%
GM growth 5Y-8.73%
F-Score5
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.43 | ||
| Cap/Depr | 99.02% | ||
| Cap/Sales | 12.13% | ||
| Interest Coverage | 1.79 | ||
| Cash Conversion | 38.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.47 | ||
| Quick Ratio | 2.46 | ||
| Altman-Z | 2.06 |
F-Score5
WACC9.5%
ROIC/WACC0.28
Cap/Depr(3y)212.51%
Cap/Depr(5y)220.07%
Cap/Sales(3y)40.91%
Cap/Sales(5y)37.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.28%
EPS 3Y-22.94%
EPS 5Y-1.12%
EPS Q2Q%-51.9%
EPS Next Y-21.74%
EPS Next 2Y-1.22%
EPS Next 3Y-2.15%
EPS Next 5Y-4.99%
Revenue 1Y (TTM)-36.04%
Revenue growth 3Y-10.78%
Revenue growth 5Y-5.35%
Sales Q2Q%-47.77%
Revenue Next Year-25.27%
Revenue Next 2Y-8.43%
Revenue Next 3Y-5.25%
Revenue Next 5Y-4.44%
EBIT growth 1Y-58.08%
EBIT growth 3Y-40.93%
EBIT growth 5Y-20.26%
EBIT Next Year44.95%
EBIT Next 3Y22.1%
EBIT Next 5Y9.11%
FCF growth 1Y-446.15%
FCF growth 3Y-8.62%
FCF growth 5Y-5.38%
OCF growth 1Y-79.94%
OCF growth 3Y-16.18%
OCF growth 5Y-4.35%