TECK

Teck Resources Limited

Basic Materials · $31.9B market cap

Verdict

Share price

$68.56

close of Oct 3, 2026

Fair value

$36.10

Sticker Price

Payback Price

$14.44

buy price

Overpriced

TECK is Overpriced: at $68.56 it trades 90% above its fair value of $36.10. Its buy price (Payback Price) is $14.44, 79% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth2.0% a year✗
Equity per share growth5.0% a year✗
Sales growth2.8% a year✗
Free cash flow growth-7.6% a year✗
Return on invested capital1.1%✗

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Superinvestors

1 of the investors we track holds TECK. In Q2 2026, 1 sold out. Who we track

Moves in Q2 2026

Sold out: Lee Ainslie

About Teck Resources Limited

Established in Vancouver, Canada, in 1913, Teck Resources Limited is dedicated to the exploration, acquisition, development, and extraction of natural resources across Asia, Europe, and North America. The company organizes its operations into Steelmaking Coal, Copper, Zinc, Energy, and Corporate segments. Its diverse product offerings include steelmaking coal, copper, gold, blended bitumen, lead, silver, molybdenum…

Copper

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works