Teck Resources Revenue vs. Price To Sales
| TECK Stock | USD 46.70 0.46 0.99% |
Total Revenue | First Reported 1993-03-31 | Previous Quarter 3.9 B | Current Value 2.9 B | Quarterly Volatility 1.3 B |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.27 | 0.3426 |
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For Teck Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Teck Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Teck Resources Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Teck Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Teck Resources Ltd over time as well as its relative position and ranking within its peers.
Teck |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teck Resources. If investors know Teck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Dividend Share 0.5 | Earnings Share 2.07 | Revenue Per Share 32.13 | Quarterly Revenue Growth 0.437 |
The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teck Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Teck Resources Price To Sales vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Teck Resources's current stock value. Our valuation model uses many indicators to compare Teck Resources value to that of its competitors to determine the firm's financial worth. Teck Resources Ltd is currently regarded number one company in revenue category among its peers. It is rated fourth in price to sales category among its peers . The ratio of Revenue to Price To Sales for Teck Resources Ltd is about 10,603,235,149 . At this time, Teck Resources' Total Revenue is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Teck Resources by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Teck Revenue vs. Competition
Teck Resources Ltd is currently regarded number one company in revenue category among its peers. Market size based on revenue of Materials industry is at this time estimated at about 112.49 Billion. Teck Resources retains roughly 15.01 Billion in revenue claiming about 13% of all equities under Materials industry.
Teck Price To Sales vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Teck Resources |
| = | 15.01 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Teck Resources |
| = | 1.42 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Teck Price To Sales Comparison
Teck Resources is currently under evaluation in price to sales category among its peers.
Teck Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Teck Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Teck Resources will eventually generate negative long term returns. The profitability progress is the general direction of Teck Resources' change in net profit over the period of time. It can combine multiple indicators of Teck Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 693 M | 727.6 M | |
| Operating Income | 4.4 B | 4.6 B | |
| Income Before Tax | 3.9 B | 4.1 B | |
| Total Other Income Expense Net | -426 M | -404.7 M | |
| Net Income | 2.4 B | 2.6 B | |
| Income Tax Expense | 1.6 B | 1.7 B | |
| Net Income From Continuing Ops | 2.3 B | 2.5 B | |
| Net Income Applicable To Common Shares | 3.8 B | 4 B | |
| Interest Income | 112 M | 60 M | |
| Net Interest Income | 18 M | 18.9 M | |
| Change To Netincome | 3.4 B | 3.6 B | |
| Net Income Per Share | 4.64 | 4.87 | |
| Income Quality | 1.68 | 1.30 | |
| Net Income Per E B T | 0.61 | 0.53 |
Teck Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Teck Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Teck Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Teck Resources' important profitability drivers and their relationship over time.
Use Teck Resources in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Teck Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Teck Resources will appreciate offsetting losses from the drop in the long position's value.Teck Resources Pair Trading
Teck Resources Ltd Pair Trading Analysis
The ability to find closely correlated positions to Teck Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teck Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Teck Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Teck Resources Ltd to buy it.
The correlation of Teck Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Teck Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teck Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Teck Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Teck Resources position
In addition to having Teck Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Teck Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Teck Resources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Teck Resources' income statement, its balance sheet, and the statement of cash flows.