ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Teck Resources's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 9.58%.
As of today (2026-06-25), Teck Resources's WACC % is 12.25%. Teck Resources's ROC % is 4.30% (calculated using TTM income statement data).
Teck Resources earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Teck Resources (FRA:TEKB) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Teck Resources's WACC % is 12.25%. Teck Resources's ROC % is 4.30% (calculated using TTM income statement data).
Teck Resources earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Teck Resources ROC % Related Terms
Teck Resources ROC % Historical Data
* Premium members only.
The historical data trend for Teck Resources's ROC % 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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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 (FRA:TEKB) has a ROC % of 9.58% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Teck Resources and its competitors.
Is Teck Resources' ROC % too high?
Teck Resources' current ROC % is 9.58%. Overall, Teck Resources has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Teck Resources' ROC % compare to competitors?
Teck Resources' ROC % of 9.58% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Metals & Mining company?
A good ROC % depends on the Metals & Mining industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Teck Resources and its competitors. Teck Resources's current ROC % is 9.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teck Resources stock overvalued right now?
Based on GuruFocus' analysis, Teck Resources (FRA:TEKB) is currently considered Fairly Valued. The stock's GF Value™ is €52.01, compared to a current price of €52.24 — trading 0.4% above its estimated fair value. The current ROC % is 9.58%. Teck Resources' overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Teck Resources (FRA:TEKB), the current ROC % is 9.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Teck Resources (FRA:TEKB) Overvalued in 2026?
Based on GuruFocus' analysis, Teck Resources stock appears to be overvalued.
The current stock price of €52.24 is trading 0.4% above its estimated GF Value™ of €52.01.
GuruFocus considers Teck Resources to be Fairly Valued.
Key valuation signals for FRA:TEKB:
ROC %: 9.58%
GF Value™: €52.01 vs. price of €52.24 (0.4% above fair value)
No single metric tells the full story. See the FRA:TEKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck 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 its coal business in mid-2024. In September 2025, it agreed to merge with Anglo American in an all-equity deal.
75GF Score
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