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Teck Resources (Teck Resources) Cyclically Adjusted Price-to-FCF : 73.62 (As of Apr. 27, 2024)


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What is Teck Resources Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Teck Resources's current share price is $47.85. Teck Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.65. Teck Resources's Cyclically Adjusted Price-to-FCF for today is 73.62.

The historical rank and industry rank for Teck Resources's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TCKRF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.52   Med: 10.79   Max: 77.99
Current: 77.99

During the past years, Teck Resources's highest Cyclically Adjusted Price-to-FCF was 77.99. The lowest was 1.52. And the median was 10.79.

TCKRF's Cyclically Adjusted Price-to-FCF is ranked worse than
79.76% of 252 companies
in the Metals & Mining industry
Industry Median: 20.745 vs TCKRF: 77.99

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Teck Resources's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.275. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teck Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Teck Resources's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Teck Resources Cyclically Adjusted Price-to-FCF Chart

Teck Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.09 16.85 40.42 42.29 64.57

Teck Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.29 44.95 54.20 64.09 64.57

Competitive Comparison of Teck Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Teck Resources's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Teck Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Teck Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Teck Resources's Cyclically Adjusted Price-to-FCF falls into.



Teck Resources Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Teck Resources's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=47.85/0.65
=73.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Teck Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Teck Resources's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.275/125.4675*125.4675
=-0.275

Current CPI (Dec. 2023) = 125.4675.

Teck Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.092 98.604 -0.117
201406 -0.157 99.473 -0.198
201409 0.104 99.394 0.131
201412 0.233 98.367 0.297
201503 -0.224 99.789 -0.282
201506 -0.237 100.500 -0.296
201509 0.085 100.421 0.106
201512 -0.019 99.947 -0.024
201603 -0.110 101.054 -0.137
201606 -0.145 102.002 -0.178
201609 0.509 101.765 0.628
201612 1.231 101.449 1.522
201703 1.002 102.634 1.225
201706 1.163 103.029 1.416
201709 0.466 103.345 0.566
201712 0.968 103.345 1.175
201803 0.606 105.004 0.724
201806 0.753 105.557 0.895
201809 0.387 105.636 0.460
201812 0.639 105.399 0.761
201903 -0.210 106.979 -0.246
201906 0.464 107.690 0.541
201909 0.106 107.611 0.124
201912 -0.348 107.769 -0.405
202003 -0.936 107.927 -1.088
202006 -0.818 108.401 -0.947
202009 -0.437 108.164 -0.507
202012 -0.670 108.559 -0.774
202103 -0.618 110.298 -0.703
202106 -0.983 111.720 -1.104
202109 0.394 112.905 0.438
202112 1.296 113.774 1.429
202203 1.811 117.646 1.931
202206 2.289 120.806 2.377
202209 0.700 120.648 0.728
202212 -1.174 120.964 -1.218
202303 -0.684 122.702 -0.699
202306 -0.528 124.203 -0.533
202309 -0.906 125.230 -0.908
202312 -0.275 125.468 -0.275

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Teck Resources  (OTCPK:TCKRF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Teck Resources Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Teck Resources's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Teck Resources (Teck Resources) Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.

Teck Resources (Teck Resources) Headlines