Teck Resources Limited (TECK-B.TO)
Basic Materials · TOR · Canada
Fundamentals
Valuation and ratings
Teck Resources Limited trades at CAD85.01, which is 71% below the CAD145.15 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 51 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 20.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
TECK-B.TO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | CAD0.250 | 2 |
| 2025 | CAD0.500 | 4 |
| 2024 | CAD1.00 | 4 |
| 2023 | CAD1.00 | 4 |
| 2022 | CAD1.00 | 4 |
| 2021 | CAD0.200 | 4 |
| 2020 | CAD0.200 | 4 |
| 2019 | CAD0.200 | 4 |
| 2018 | CAD0.291 | 4 |
| 2017 | CAD0.600 | 3 |
| 2016 | CAD0.100 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
TECK-B.TO earnings and analyst estimates
Recommendation mix, 17 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Teck Resources Limited
Teck Resources Limited engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe. It operates through Copper and Zinc segments. The company offers copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. It also produces lead, precious metals, molybdenum, fertilizers, and other metals; and sells refined metals or concentrates. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is based in Vancouver, Canada.
TECK-B.TO passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Teck Resources Limited (TECK-B.TO) undervalued?
Against our discounted cash flow estimate of CAD145.15, TECK-B.TO at CAD85.01 is 71% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is TECK-B.TO's P/E ratio?
TECK-B.TO trades at 20.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Teck Resources Limited (TECK-B.TO) pay a dividend?
Yes. Teck Resources Limited yields 0.65% at the current share price. It has paid CAD0.500 per share over the trailing twelve months. It has paid a dividend in each of the last 16 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.