TECK Teck Resources Ltd
$64.38
▼ 2.1%Updated Oct 16, 2:25 PM ET
Report Card
TECK at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: Neutral · 51/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Price — Past Year
▲ Up 48.9% in the year to Jul 6, 2026
Key Metrics
Market Cap
$29.39B
P/E
33.22x
Forward P/E (est.)
23.73x
ROE
5.0%
Revenue Growth
-29.3%
EPS Growth
173.7%
Profit Margin
12.0%
FCF Yield
11.2%
Debt / Equity
0.38x
ROIC
6.0%
Interest Coverage
2.46x
Current Ratio
2.54x
Dividend Yield
0.6%
Implied Growth (rev. DCF)
—
Rating Score
51/100
Business Overview
Teck Resources Ltd (TECK) is a large-cap NYSE-listed company in the Metals & Mining industry, within the Materials sector, with a market value around $29.39B.
In its latest reported year it generated about $7.85B in revenue and $1.02B in net profit.
Our model rates TECK Neutral (51/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Economic Moat
Evidence of durable competitive advantage in the filed financials (8 years of history).
Profit margins and economic moats, explainedThe numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
19.9% average over the last 3 years
±11.8 pts around 28.7% across 8 years
grew in 4 of the last 7 year-over-year periods
positive in 6 of 8 years
6.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical Analysis (Educational)
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what TECK's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. TECK trades near $64.38, above its 50-day average ($62.28) and 200-day average ($52.01). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 38 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. TECK's is $2.33 (~3.6% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. In the month to Jul 6, 2026, TECK found buyers near $55.98 (support) and sellers near $68.46 (resistance); its 52-week range then was $30.98–$71.25. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.4× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. The indicators were last computed on Jul 6, 2026; the price is current.
Revenue Growth
4Y CAGR
-4.2%
Revenue moved from $9.17B in 2018 to $7.85B in 2025, a -2.2% compound annual growth rate. The most recent year declined 29.3% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Profitability
Gross Margin
24.7%
Operating Margin
20.9%
Net Margin
13.0%
ROE
5.0%
Teck Resources Ltd keeps about 12.0% of each sales dollar as net profit, with a 24.7% gross margin and 20.9% operating margin. Return on equity is 5.0% and return on invested capital about 6.0%. Margins are moderate — typical of a competitive but profitable business.
Debt Analysis
Total Debt
$2.56B
Net Debt
-$1.10B
Net cash position
Net Debt / EBITDA
-0.67x
Debt / Equity
0.38x
Leverage: debt-to-equity is 0.4x, and operating profit covers interest about 2.5x, with a current ratio of 2.5x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $2.56B of total debt against $3.66B of cash.
Cash Flow Analysis
Operating CF
$1.08B
Free Cash Flow
-$262.07M
FCF Margin
-3.3%
In the latest year Teck Resources Ltd produced about $1.08B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 11.2% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Dividend Safety
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
What to look for in a dividend stockCoverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.
Dividend yield
0.6%
Total paid (latest FY)
$179.58M
History on record
8 years
free cash flow was negative in the latest year — the dividend is being financed
18% of net income paid out
no current raise streak
payout was cut at least once in the last 8 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
Valuation Analysis
P/E
33.22x
P/S
4.6x
P/B
1.13x
EV / EBITDA
9.85x
TECK trades at 33.2x trailing earnings (about 23.7x on estimated forward earnings), 4.6x sales, and 1.1x book value. That is a premium multiple that needs growth to justify it.
Metrics vs. Sector Range
Where TECK sits versus the Materials companies we cover.
Bands show the middle half (25th–75th percentile) of the 54 Materials companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How TECK stacks up against its Materials peers — valuation, profitability, and growth versus the sector median.
Among the 54 rated Materials companies we cover, TECK ranks #35 by our overall rating. It trades at a premium versus the sector on earnings (33.2x P/E vs. 20.1x median) with a lower return on equity (5.0% vs. 16.1%) and slower revenue growth (-29.3% vs. 7.9%).
P/E vs sector
33.2x
median 20.1x
ROE vs sector
5.0%
median 16.1%
Growth vs sector
-29.3%
median 7.9%
Sector rank
#35
of 54 rated
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Materials companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 54 rated companies among the 78 Materials stocks we cover. Educational, not a recommendation.
5-Year Projection Model
Project revenue → earnings → price. Edit the assumptions to build your own case.
What drives this projection, and its limits2030 scenario price range (Base Case)
$51.84 – $85.53
vs. $64.38 today · implied CAGR -4% – 6%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $8.09B | $8.33B | $8.58B | $8.84B | $9.10B |
| Net income | $1.05B | $1.08B | $1.12B | $1.15B | $1.18B |
| EPS | $2.30 | $2.37 | $2.44 | $2.52 | $2.59 |
| Share price (low) | $46.06 | $47.44 | $48.86 | $50.33 | $51.84 |
| Share price (high) | $76.00 | $78.27 | $80.62 | $83.04 | $85.53 |
| CAGR (low–high) | -28% / 18% | -14% / 10% | -9% / 8% | -6% / 7% | -4% / 6% |
Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions.
Bull Case
The case for TECK:
- Healthy free-cash-flow yield (~11.2%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.4x) lowers risk.
Bear Case
The case against TECK:
- Revenue growth is slow/negative (-29.3%), limiting the upside engine.
- Interest coverage is thin (2.5x), so debt costs bite.
Key Risks
Valuation risk — at 33.2x earnings, disappointing results could compress the multiple.
Growth risk — sluggish revenue (-29.3%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
Investment Thesis
On balance, the picture is mixed: Teck Resources Ltd is a large-cap materials business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 33.2x earnings, which our model scores Neutral (51/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 17 Wall Street analysts covering TECK recommend (February 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-3 pts of buy ratings).
Latest SEC Filings
TECK's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K
In the Idea Lab
TECK — frequently asked questions
Is TECK a good stock to buy?
We don't give buy or sell advice. Our model rates Teck Resources Ltd Neutral (51/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is TECK's rating on The Stocks School?
Teck Resources Ltd currently scores 51/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does TECK's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Teck Resources Ltd's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for TECK calculated?
It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.
Is this TECK analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell TECK. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.