GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teck Resources Ltd (NYSE:TECK) » Definitions » 10-Year ROIIC %

TECK (Teck Resources) 10-Year ROIIC % : 4.94% (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Teck Resources 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Teck Resources's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 4.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Teck Resources's 10-Year ROIIC % or its related term are showing as below:

TECK's 10-Year ROIIC % is ranked better than
67.88% of 2061 companies
in the Metals & Mining industry
Industry Median: -3.22 vs TECK: 4.94

Teck Resources 10-Year ROIIC % Historical Data

The historical data trend for Teck Resources's 10-Year ROIIC % 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 10-Year ROIIC % Chart

Teck Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.07 -15.45 -0.03 15.56 4.94

Teck Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-Year ROIIC % 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 - 4.94 - - -

Competitive Comparison of Teck Resources's 10-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Teck Resources's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Teck Resources's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Teck Resources's 10-Year ROIIC % falls into.



Teck Resources 10-Year ROIIC % Calculation

Teck Resources's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 1631.243438 (Dec. 2023) - 1137.6486486 (Dec. 2013) )/( 38394.455 (Dec. 2023) - 29787.574 (Dec. 2013) )
=493.5947894/8606.881
=5.73%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Teck Resources  (NYSE:TECK) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Teck Resources 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Teck Resources's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Teck Resources Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
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 75%. 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.