Teck Resources Ltd
TSX:TECK.B

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Teck Resources Ltd
TSX:TECK.B
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Price: 43.53 CAD -0.32%
Market Cap: 22.7B CAD

Relative Value

The Relative Value of one TECK.B stock under the Base Case scenario is 61.42 CAD. Compared to the current market price of 43.53 CAD, Teck Resources Ltd is Undervalued by 29%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TECK.B Relative Value
Base Case
61.42 CAD
Undervaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
28
vs Industry
42
Median 3Y
2.1
Median 5Y
1.7
Industry
1.8
Forward
2
vs History
7
vs Industry
3
Median 3Y
17
Median 5Y
11.4
Industry
17.1
Forward
19.8
vs History
3
vs Industry
15
Median 3Y
6.9
Median 5Y
6.6
Industry
10.1
vs History
vs Industry
12
Median 3Y
-12
Median 5Y
4.5
Industry
16.8
vs History
60
vs Industry
48
Median 3Y
1.1
Median 5Y
1
Industry
1.8
vs History
31
vs Industry
41
Median 3Y
2.6
Median 5Y
2.3
Industry
2.2
Forward
2.4
vs History
22
vs Industry
16
Median 3Y
8.4
Median 5Y
8.4
Industry
7.6
vs History
12
vs Industry
14
Median 3Y
7.2
Median 5Y
7.1
Industry
11
Forward
6.4
vs History
26
vs Industry
5
Median 3Y
11.3
Median 5Y
11.3
Industry
14
Forward
11.9
vs History
3
vs Industry
17
Median 3Y
9.3
Median 5Y
9.1
Industry
11.4
vs History
vs Industry
4
Median 3Y
-34.5
Median 5Y
-15.1
Industry
15
vs History
55
vs Industry
52
Median 3Y
0.8
Median 5Y
0.7
Industry
1.6

Multiples Across Competitors

TECK.B Competitors Multiples
Teck Resources Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Teck Resources Ltd
TSX:TECK.B
15.4B CAD 2.1 76.6 9.8 18.5
AU
BHP Group Ltd
ASX:BHP
211.8B AUD 2.6 12 5.4 6.7
AU
Rio Tinto Ltd
ASX:RIO
184.3B AUD 2.2 11.5 6.1 8.8
UK
Rio Tinto PLC
LSE:RIO
72.4B GBP 1.8 9.5 27 38.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
989B MXN 3.2 13.7 6.2 7.3
CH
Glencore PLC
LSE:GLEN
34.9B GBP 0.2 -22.9 257.8 776.6
SA
Saudi Arabian Mining Company SJSC
SAU:1211
154.3B SAR 4.3 35.6 15 24.9
ZA
African Rainbow Minerals Ltd
JSE:ARI
35B Zac 0 0 0 0
UK
Anglo American PLC
LSE:AAL
25.1B GBP 1.6 -7.9 127.5 226.2
CN
CMOC Group Ltd
SSE:603993
234.6B CNY 1.1 15.3 6.9 6.9
CN
China Molybdenum Co Ltd
OTC:CMCLF
29.2B USD 1.1 14.7 6.2 6.2
P/E Multiple
Earnings Growth PEG
CA
Teck Resources Ltd
TSX:TECK.B
Average P/E: 23.6
76.6
46%
1.7
AU
BHP Group Ltd
ASX:BHP
12
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
11.5
-1%
N/A
UK
Rio Tinto PLC
LSE:RIO
9.5
-1%
N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
13.7
9%
1.5
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -22.9 N/A N/A
SA
Saudi Arabian Mining Company SJSC
SAU:1211
35.6
34%
1
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-76%
N/A
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -7.9 N/A N/A
CN
CMOC Group Ltd
SSE:603993
15.3
11%
1.4
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
14.7
12%
1.2