Teck Resources Ltd Class B
NYSE: TECK · BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING
Updated 2026-04-29
Teck Resources Ltd Class B (TECK) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for TECK.
Valued
Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.
TECK historical valuation range
Where current P/E sits in TECK's own 5Y range.
TECK intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
TECK valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 20.30x
P/S Ratio — History
Current: 2.22x
Is TECK overvalued in 2026?
Teck Resources Ltd Class B (TECK) currently trades at $56.24 per share with a market capitalization of $27,551,656,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 73/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 20.3x, below its 5-year median of 23.2x. The PEG ratio of 5.47 indicates the price has run ahead of the underlying growth rate.
Looking at its own history, TECK is currently trading cheaper than 62% of the last 5Y on P/E. This places it in the 38th percentile of its historical range, a reasonable but unremarkable position.
Our discounted cash flow model estimates TECK's intrinsic value at $66.42 per share, against the current market price of $56.24. This implies a margin of safety of +9.09%. The stock is priced close to its estimated fair value, offering limited upside without further operational improvement.
Balance sheet and operating quality look strong. A Piotroski F-Score of 7/9 points to improving profitability, declining leverage, and healthy operating efficiency.
Bottom line: TECK trades at a fair valuation on our framework, with a Smart Value Score of 73/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.
Frequently asked questions
Is TECK overvalued in 2026?
Based on a Smart Value Score of 73/100, TECK is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.
What is TECK's fair value?
Our DCF model estimates TECK's intrinsic value at $66.42 per share, versus the current price of $56.24. This produces a margin of safety of +9.09%.
What P/E ratio does TECK trade at?
TECK trades at a P/E of 20.3x on trailing twelve-month earnings, compared to its 5-year median of 23.2x.
Is TECK a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 73/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.
How does TECK's valuation compare to its history?
On P/E, TECK currently sits in the 38th percentile of its own 5Y range. That is below its long-run median relative to where it has traded over the period.
What is TECK's Smart Value Score?
TECK's Smart Value Score is 73/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.